Weather Summary: Precipitation and Deficiency Report
The Weather Bureau notes Friday precipitation none, normal for the day at .04 of an inch. Daily deficiency .04, total since January 1 at 7.95 inches, and deficiency since January 1 at 1.88 inches.
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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 09, 1918
Page
8
The Weather Bureau notes Friday precipitation none, normal for the day at .04 of an inch. Daily deficiency .04, total since January 1 at 7.95 inches, and deficiency since January 1 at 1.88 inches.
Cotton futures extended losses as rumors of price fixes surfaced and selling pressure increased after the opening of the short session. May and October slid, while New York and New Orleans quotes weakened, with overall declines of 28 to 33 points by close. Reports of export tonnage limits and anticipated higher ginnage added to the tone of caution.
After a morning rise on dry Texas weather the New Orleans cotton market fell sharply on rumors of a plan to fix prices at 30 cents per pound. By midmorn, contracts were 25 to 32 points below yesterday, with slight recoveries as buying reemerged on expected fair Texas weather. Close showed a net loss of 70 to 32 points, with futures quotes and forward activity listed for March May July October December.
New York March 9 there was a weak opening as liquidation hit the cotton market. Overnight selling pressed old crop months while covering and trade buying steadied the market. May contracts rose from 31.5 to 21.60 after the fall, and October climbed to 30 cents from last night’s 29.98. The Southwest drought relief muted new crop concerns.
15 acres of farms and ranch land in Bexar County priced at 75 dollars per acre. Half cash and balance in 16 years at 8 percent with no trade. Contact W. B. Whitaker by phone at Crockett 5121.
Messages from today’s U S cotton exchange session note steadier rules favor sales of new crop and optimistic views from New Orleans brokers. Report gives fed ginnings projections around eleven million bales and mixed sentiment on market decline due to rumors. dealers see some liquidation but expect support if prices hold.
The report shows receipts at major ports including Galveston New Orleans Savannah and Charleston with totals for domestic and foreign ports. It covers stocks at the U S ports inland movement including shifting figures in Augusta Memphis St Louis and Houston and notes on visible supply declines versus last year and contrasting estimates for the season.
Northern market for hogs remained firm over the weekend with prices up 10 to 25 cents at Fort Worth and 20 to 25 cents at St Louis. Cattle and sheep mostly steady except Chicago where tone was weak. limited San Antonio trading and mostly unchanged receipts. Fort Worth quoted cattle and hog values with mixed regional variations, while Chicago hogs stayed firm and cattle weak amid varied receipts across major markets.
Weather report from the Department of Agriculture noting observations at 7 am in San Antonio and other U.S. cities including Amarillo Dallas Houston and New York. Entries list wind direction velocity rain and cloud cover with several cities showing cloudy or clear conditions. Note excludes winds under 1 mile per hour and precipitation under a tenth of an inch from publication.
Unsettled weather in local markets is a bullish factor for corn with reports from Chicago and Kansas City showing May and March prices holding firm. Prices for flour and cornmeal shift slightly while overall wholesale grain and grocery prices reflect mixed moves and strong supply signals.
Quoted prices cover dairy eggs poultry and potatoes with varying grades. Creamery butter ranges around 34 to 40 cents per pound, eggs in firsts and seconds noted, roosters and hens priced, potatoes lower with Minnesota and Michigan bulk at about 1.10 a bushel. Trade receipts include 18 cars of potatoes and mixed goods in the period.
Local packing house lists Saturday quotations for dry salt extras bacon bellies and hams with prices around 27 percent, fancy breakfast bacon at 46 cents per pound, and 14 to 16 pound bacon bellies. Other items include American cheese and margarine with assorted price marks. Market figures show opening, high, low, and close data for the trading day.
Fish and oysters report a modest trout supply at the wholesale markets with moderate receipts. Oysters remain plentiful with larger California shipments expected Sunday or Manila. Prices shown for San Antonio trade list wholesale and retail rates for oysters and fish by category.
Organized labor in New York City plans a mass meeting at Union Square to protest the death sentence of Thomas J. Mooney for his alleged role in a preparedness day bombing. The report also notes Germany's petroleum access and grain shipment figures to the central powers, plus U S Steel unfilled orders for February.
Washington reports 90 factories are at capacity producing standardized parts for the Hofberty truck program. Delivery schedule shows 500 A trucks this month, 1500 in April, 2500 in May, 3000 in June, with remaining units in July. Further orders expected before midsummer to meet anticipated needs.
Stocks gave up part of intraday gains in a dull session as profits were realized causing sharp reactions of 1 to 1 1/2 points. Reading and Pacific under pressure with rails, shipping, steel and most war stocks. Few gains among American Sugar and minor metals. Volume around 275,0000 shares. Bonds sold at 97.38 to 97.62. First 45 year bonds at 60.4S to 86.95 and second 4s at 96.50 to 96.44.
Trading in Mexican money at San Antonio on Saturday shows quotes for National and state bank notes, mercantile and commercial bills, with 4 and 6 day terms. In London, silver and money markets report war-time silver at per ounce and treasury bill rates for short and three month periods around two and a half percent.
The New York clearing houses and trust banks weekly statement shows total reserves in excess of requirements at 103,163,290 dollars, up from last week. It lists discounts and holdings across various facilities, with federal reserve bank deposits and member bank reserves rising modestly, and aggregate reserve figures noted for state and other banking repositories.
The gold movement in the United States has turned outward since July, with exports totaling 2,977,000 chiefly to Mexico and Central America while imports run 3,100,000 mainly from Canada and parts of the Americas. Federal Reserve guidance aims to conserve gold by discouraging foreign shipments as the balance shifts. Also reported: 47 state institutions admitted to the Federal Reserve system in February with aggregate capital 245,333,800 and total resources 7,110,000. A Dallas branch of a local bank was approved and New York futures stood steady as of March.
A string of personal mentions notes Mrs Clara Fleckenstein from Cleveland and A P Wycott of Dallas guesting at the Gunter while Drake of Milwaukee and Miss Peggy Newson of Goliad stay at the St Anthony Lanier. George Edgerton of St Paul and J T Kelly of Waco register at the Menger and M W O Donnell of Chicago at the Lanier.
One hundred San Antonio manufacturers toured mechanical repair shop No. 304 at Fort Sam Houston on Friday. The visit, arranged by J A Patterson and C Lees of the Manufacturers' Association, revealed the extensive work, rapid expansions, and the shop’s capacity to repair all wheeled vehicles and many military supplies from American soil to the front lines in France.
Spinach growers in Travis and adjacent counties appealed to the railroad Commission for more refrigerator cars to ship their crop. The drive seeks a weekly flow of cars. about 490 cars are needed. Over three thousand acres were grown in Travis County. much of the crop has already moved to Northern and Eastern markets.
Two Kus sitn transports were attacked and sunk by German destroyers after a battle south of the Aland Islands, per a Copenhagen dispatch to the Exchange Telegraph Company. Also reports Paris honors Lt. G. Garros for a gun-fire through a propeller and Halifax notes the death of Capt. Oscar Henderson aboard the Berwick Law.
Douglas ariz March 9 4 Thomas Powers John Powers and Thomas Sisson who killed Sheriff R J McBride Under sheriff M R B Kempton and Deputy Sheriff D E Wooton of Graham County on February 10 when officers tried to arrest the Powers brothers as alleged draft evaders were captured today by a United States cavalry patrol 35 miles south of Hachita New Mexico according to a report received by the Douglas police department.
Washington March 9 Vatican circles report an article on the Brest-Litovsk peace treaty suggesting Armenian lands held by Russia may return to Turkey. An official Rome dispatch says the papal secretary of state directed the apostolic delegate at Constantinople to seek formal assurances on the fate of Christians.
Julius Murphy shot and lightly wounded his wife Bertha Murphy before fatally shooting himself on a Dallas residential street. The shooting was witnessed by the couple’s six year old daughter, police reported.
London report says Sinn Fein food controller Diarmid Lynch was arrested Thursday over Ireland pig commandeering. A Dallas era dispatch notes group plan achievements at a city BY. meeting at Central Baptist Church with speeches by Snowke Smith Applewhite and others. Socials at Kelly Field Camp travid set for March fields, with trips in army trucks. Gasoline explosion damages Frank Lightfoot shop at 138 South Flores. First Presbyterian men plan a Tuesday social at church parlors March 12 at 8 o clock.
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