Weather report shows modest precipitation totals
Yesterday recorded no precipitation and a normal daily deficit of .12 inches. Since January 1 total precipitation stands at 15.29 inches with a cumulative deficit of 2.89 inches.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 38 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 24, 1916
Page
11
Yesterday recorded no precipitation and a normal daily deficit of .12 inches. Since January 1 total precipitation stands at 15.29 inches with a cumulative deficit of 2.89 inches.
Prices for cotton move higher as drought persists, boosting market pressure. Observers note continued demand and global shipping impacts with Liverpool market strength cited as a contrasting positive signal.
Prices for active cotton months climbed above 15 cents in New York with October at 15.00 and January at 16.13 as Liverpool futures strengthened. New Orleans and New York posted gains then slight declines before steadying. San Antonio buyers paid local prices for various grades at the compresses.
New York trading opened with erratic moves as profit taking and bear pressure pressed markets. United States Steel led declines with a sharp drop, while rail stocks fell and some metals steadied, finishing with irregular closes after late losses and partial recoveries.
The cotton market showed renewed strength with an opening firm by 6 to 10 points. Prices rose, with October to 16.08, December 15.15, January 15.17, then eased late amid unsettled sentiment and labor dispute concerns.
Observations taken at 7 a m Thursday August 24 1916 by the Department of Agriculture Weather Bulletin. The notice records morning readings and condition notes for the U 8 region with emphasis on temperature, wind, humidity, and sky cover.
In New Orleans today, cotton prices rose 13 to 16 points with January touching 15 cents as bullish sentiment grows amid drought in the western belt. Liquidation and profit taking followed the early gains while forecasts of fair weather supported demand for winter months. December traded around 15.04 cents as afternoon buying waned.
In New Orleans on August 24 futures markets showed steady pricing with opening bids for October at 14.72, December 14.86, January 14.93, March 15.11, and May 15.25 cents per pound, and the session closing steady.
Spot cotton prices at Liverpool market on August 24 for good middling 9 26 pence per pound and middling 9 24. Sales total 7000 plus 700 for speculation and export. Receipts recorded at 65300.
Futures feverish listing of monthly futures rates from August through July. Numbers show varied contract values across months with several fractions and decimals noted like 9.174 and 8.50d for July-August.
New York price bulletin shows raw sugar nominal at 5.56 for centrifugal and 4.79 for molasses. Refined sugar dull with granulated at 7.00 to 7.25.
Mercantile paper 34% 8% per cent. Sterling exchange sixty day bills 4.71 demand 4.75 cables 4.767-16. Guilders demand 41 cables 41. Bar silver 6 1/2%. Mexican dollars 6 1/2. Government and railroad bonds irregular. Time loans steady with sixty days 4% 3% percent, 90 days 3 1/2 percent, six months 3 4 percent. Call money steady with high 2 1/2 percent, low 2 percent, ruling rate 2 1/2 percent, last loan 2 1/2 percent, closing bid 2 1/2 percent, offered at 2 1/2 percent.
Bar silver reaches 315d per ounce as money rates fix at 3 percent. Discount figures show short bills at 6 percent, three months at 5 percent, with both sides at 5 percent in the middle of the window.
Austin Texas August 24 The railroad commission issued a order extending to October 10 1916 the date tariffs on cotton seed and cotton products and on iron and steel articles become effective The tariffs were set to take effect August 10 but were postponed following the advanced freight rate hearing
Stocker cattle led receipts at Union Stock Yards with cattle buyers slightly more active and selective. Prices held near yesterday's levels with top butcher stock reaching 10.30 in Fort Worth and 10.35 in Oklahoma City while local tops were 9.50. Today’s receipts totaled 178 cattle 175 calves and 82 hogs.
Fort Worth Texas reports cattle receipts 4100 head with steers 6.60 to 6.90, stocker steers 6.40 to 6.75, cows 4.00 to 6.25, bulls 4.00 to 6.00, calves 4.50. hogs about 8000 head with bulk 10.10 to 10.20, sheep receipts 600 head with lambs 9.00 to 9.50, yearlings 9.00 to 8.50, wethers 6.50 to 7.25, ewes 6.00 to 6.75, goats 4.50 to 5.50.
Receipts show 8500 hogs and 5800 cattle with a generally lower market. Price ranges include hogs from 7.50 to 11.00, cattle native beef steers 7.00 to 10.75, yearling steers and heifers 8.00 to 10.25, cows 5.60 to 7.76, and prime southern steers 8.00 to 9.00. Sheep receipts 1800 with a steady market. lambs 7.00 to 10.50, bleating ewes 9.00 to 10.00, yearlings 6.00 to 9.50.
Wheat opened lower on renewed crop damage reports from the northwest and higher Liverpool cables, with export sales of one million bushels confirmed. December futures dipped then recovered but fell again on profit-taking, corn was in demand early, with Nebraska rains improving the crop and hogs weighing on provisions.
Quotations today show No. 2 hard wheat at 1.49 to 1.55 dollars, No. 2 red at 0.58, corn values for No. 2 mixed at 3.04 to 3.84 dollars, No. 2 white around 0.46, and No. 2 yellow near 0.83 to 0.84, reflecting ongoing bid levels for feed and milling grades.
Chicago market summary shows hog receipts around 30,000 with slow demand and varied cash prices from 10.45 to 11.15 for different hog lots. Cattle receipts near 5,000 with beves priced 8.65 to 11.00 and cows and heifers 3.49 to 9.10, stockers and westerns 4.00 to 8.60, calves 8.50 to 12. Sheep receipts about 1,600 with lower demand and prices for sheep 6.25 to 7.70 and lambs 6.65 to 10.65.
In Kansas City on August 24 grain futures closed with Wheat September at 144 and Corn 81 with December at 146. In St Louis quotations list Wheat No 2 red at 1.67 to 1.62 and No 2 hard at 1.51 to 1.58 while Corn No 2 white 8 5 percent and Oats No 2 at 43 to 44 percent with No 2 white noted.
Temperatures and rainfall report for the Houston district for the 24 hours ending 8 a m. Weather is generally fair but unsettled in the eastern belt. Temperatures near normal with rainfall over an inch at Grand Cane Monroe Raleigh. Allen Buell meteorologist Weather Bureau.
On August 24 in New York advances ranged from ec to percent per yard for denims and southern dress ginghams rose by two percent. About 1000 bales of 36 inch brown sheetings were sold for export.
The Central Trust Company of Pittsburg was closed by order of the state banking department. An announcement posted on the door cited bad loans and overdrafts as the cause. The bank reported total deposits of 581 334 and a capital of 150 000 in its last report.
In New Orleans on August 24 rough rice stayed active and clean steady. Receipts totaled 14 933 rough and 783 millers with sales of rough Honduras 9 201 and clean Honduras 6 862. Blue Rose at 6 70 with various mutations at 3.00 to 3.76. others unchanged.
Kansas City stock prices show hog receipts around 5000 with a steady to ten cent lower trend. Bulk hogs 10.20 to 10.60, heavy 10.00 to 10.40, pigs about 8.16 to 8.30. Cattle receipts roughly 4000 with steady to weak tone. prime fed steers 9.75 to 10.75, dressed beef steers 7.50 to 9.50, cows 4.60 to 7.25, feeders 5.50 to 8.25. Sheep receipts 4600 with market steady. ewes 10.00 to 10.60, yearlings 7.00 to 7.85, others 7.25 to 7.85, rams 6.50 to 7.
A Chicago market report from August 24 notes mixed quotations for corn oats and barley with prices around 624 01.594 percent and standard oats at 7 cents. The fragmentary data shows grain values fluctuating with no clear trend.
Turpentine firm shows 42 percent sales with 298 receipts and 460 shipments, stock at 18 51. Resin firm posts sales 1777 receipts 1568 shipments 258 stock 67 281. Figures reflect August activity for Savannah market with multiple variances in shipments and stock.
Cattle and hog sale results from multiple markets on August 24 with averages and top prices. Kansas City lists several consignors and steer lots with weighted prices around 7.20 to 6.85 per cwt and various consignors. Oklahoma City notes receipts and stability across cattle and hogs, with top hog price near 10.35 and steers around 5.80 to 6.25 per cwt. Fort Worth reports further cattle sales including 44 steers at 6.85 and 174 steers at 6.90 per cwt.
In New York on August 24 the No 7 to 9 futures held firm with September at 8.84 and December at 8.86.
Swiss embroidery exports to the United States dropped from 76,000,000 francs in 1907 to 30,000,000 in 1914 and 26,000,000 in 1915, blamed on rising American production. In contrast, exports to England surged from 16,000,000 to 62,000,000 francs over the past decade. Total Swiss exports since 1596 exceed 30,094,000,000 francs.
Provision markets show dry salt extras at 16 percent and bacon extras at 17 percent. Dry salt bellies average 14 to 16 pounds at 18 percent, fancy breakfast bacon 27 cents, fancy hams 21 cents, bacon bellies 14 to 16 pounds at 20 cents, Pure lard 15 cents, compound 11 cents. Lead prices steady at 6.50 to 6.75. Spelter spot with East St. Louis delivery at 9 to 9.5 percent. Copper firm around 26.50 to 28.00. Iron unchanged. Tin firm with pot at 38.50 to 39.00.
London on Aug 24 reports lead at 30 pounds 10 pence per unit, speller at 57, copper spot 109 pounds 10s, futures 107, electrolytic 129, tinny 170, futures 171 pounds.
Butter firm to higher from Chicago NL with receipts of 9105 tubs. Creamery extras to 1.30 1 1/2, extra firsts 1 0 to 1 3?c, firsts 29 29 1/2c. Eggs unchanged with 5499 cages received. Cheese steady. Potatoes higher with 25 carlots, New Jersey bulk cobblers 1.30 1.35, Minnesota and early Ohio 1.08 1.10. Poultry alive steady with fowls 14 17c and rings 21c.
Business continued slow on Commission Row with no material drop in receipts and only modest price declines. Market leaders like onions remained steady on solid demand. California fruits such as peaches 1.25 per box, white grapes 1.50 to 1.60, Cravenstein apples 2 to 2.25 per box, and large shipments of pears 0.90 to 1 per bushel. East Texas Arkansas greens dipped to 1.75 per bushel, cabbage 2.25 to 2.50 per hundredweight.
Articles of incorporation for the reorganized St. Louis and San Francisco Railroad Company were filed in Jefferson City. Capital stock totals 450 million dollars with 200 million in preferred shares and 260 million in common. Fifteen directors, all owning ten shares except William C. Nixon, are named.
Shippers market data shows prices in San Antonio on Thursday. Ewes steady. Texas country candled sell 24 pounds. Butter steady at 2350306 per pound, country 18 20 cents, stock 18 19 cents. Poultry steady. hens per dozen 6.00 dollars, turkeys 17 cents per pound, ducks per dozen 4.00 to 5.00 dollars, geese 4.50 to 5.00 dollars.
Quotations to buyers show Creamery at 28c for firsts 26c for seconds and 23 4c for packing. Epes offers Firsts 26c. Poultry prices list Hens 16c Roosters 10 c Broilers 18c. New potatoes noted as easy. Kaw Valley early Ohios priced at $1 05 per bushel.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.