Daily Precipitation Report Shows Deficit for Year
Yesterday had no precipitation and a normal daily total. The daily deficit equals .13 inch, with a year to date total of 1.88 inches and a January 1 deficiency of 6.33 inches.
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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 02, 1917
Page
11
Yesterday had no precipitation and a normal daily total. The daily deficit equals .13 inch, with a year to date total of 1.88 inches and a January 1 deficiency of 6.33 inches.
Cotton receipts at Gulf and Atlantic ports including Galveston Houston New Orleans Mobile Savannah Charleston Norfolk Boston show total 7 277 bales. Stock levels yesterday 2 021 441 bales and this week 1 077 110 bales, last year 1 213 340 bales, deficit this season 2465 192 899 bales.
The report shows warm conditions in the cotton district with general moisture shortages delaying germination in parts of the Southeast. Some regions report above normal temperatures while others remain 6 to 10 degrees below normal with minimums under 45 F in several states. Precipitation is limited to northern Florida and along the Atlantic coast. Pensacola and nearby stations record most rain. Southern Pacific advert informs of a special train to Victoria on May 3.
Quotations show middling cotton prices at San Antonio and Houston with delivery at markets. Prices listed: Dallas and Galveston around 19.90 to 20.50, New Orleans 19.75, New York 20.50, Liverpool 32.97, with volumes traded at each market.
Early cotton prices showed a moderate to large net loss across major markets due to poor cables and favorable weather, with weak export prospects from German submarine activity. New York and New Orleans saw mixed moves with brief gains before late-day declines, San Antonio spots listed at 19.10.
The New York cotton market opened May 2 with a 15 to 16 point drop after weak cables and favorable weather. May delivery rose briefly to 20.30, July to 20.12, and October to 19.41, near prior close, as scattered selling and short covering occurred. The weekly weather outlook dampened gains, market later steadied on covering and light buying.
New York cotton futures opened steady on May 2 with May at 20.05 and July at 20.00 while October and December traded around 19.35 to 19.37. The prior session closed a few points lower amid slight volatility and mixed strength in nearby months.
In New Orleans on May 2 poor cables and submarine fears weighed on cotton markets. Prices in early trading fell 15 to 4 points from yesterday's close as sentiment stayed cautious despite favorable weekly crop and weather reports. By noon trading months were 6 to 7 points lower with narrow fluctuations.
New Orleans opening bids show May at 19.51, July 19.29, October 18.71, December 18.79, January 18.87 as futures close 18 to 19 points higher. New York cotton seed oil quotations follow with market activity continuing.
Local market notes show corn and oats dropping about two cents per bushel with new quotes. dry salt, bacon, and lard prices revised upward. No changes reported in wholesale prices for fruits, vegetables, eggs, butter, poultry, groceries, seeds, mill products or hides.
Receipts and quotations report cattle hogs and sheep at Fort Worth market on May 2. Cattle numbers 5200 with steers around 7.00 to 11.00 across classes. hogs 5000 with prices 14.75 to 16.82 top. sheep 2000 with lambs 15.00 to 17.00 and yearlings about 11.00 to 15.00. Strong daily demand noted across cattle and hogs with varied lot prices.
Cattle hogs and sheep listed for Fort Worth Chicago Kansas City St Louis with figures showing thousands and dollars, indicating varied carcass or sale values across markets. Prices reflect regional demand and supply in livestock trade.
Market notes show eggs steady at 28 cents per dozen. Butter at 32 86 cents per pound with creamery products steady. Poultry prices listed for large medium and small hens and fryers, turkeys at 17 18 cents per pound, and geese priced around 12 18 dollars per dozen.
Quotations today show butter and eggs unchanged with creamery butter at 32 38 1 2 cents per pound and eggs at steady early sales. Receipts numbered 41 052 cases with varying fusible quotes and freight ready prices for potatoes and white potatoes from Idaho Colorado Oregon Washington Wisconsin and Michigan. Live poultry prices rose with fowls at 22 1 2 cents per pound.
Quotations listed for May 2 show Butter Creamery firsts at 37c and seconds at 36c. Eggs 3c, Hens 20c, Roasters 16c, Turkeys 25c, and Potatoes at $2.75 per bushel. Prices from local markets reflect daily variation.
Local packing house quotations to dealers listing dry salt extras 23c bacon extras 25c dry salt bellies 14 16 pound average 25c fancy breakfast bacon 39c fancy hams 29c bacon bellies 14 16 pound average 27c Pure lard 23c compound 18c American cheese 29c pound
Liverpool cotton market report shows spot values firm with good quality at 13.11 for saleable and 12.97 for middling. Low grade at 10,000 bales with 1,000 set aside for speculation and export.
Liverpool quotes show May 12.49 May-June 32.42 July-August 12.27 August 12.09 October-November 11.79 December-January 11.60 January-February 11.66. Market unchanged at 2 points down as opening nears on Thursday.
Wilhelm Wehe cotton expert proposes to show San Antonio made goods at the Texas Department of Agriculture and at fairs this spring and summer. Representative Lange of San Antonio and H. M. Timolate of West Texas Products Co spoke of likely club acceptance.
New York reports May futures for Coffee No 7 Aie 10% steady or down slightly with May at 805 and July at 9 amid light trading.
Chicago reports a volatile wheat market with brief May gains up to 17 cents and late buys on May and July contracts. Prices fluctuated from small losses to sharp intraday advances as rumors of German chancellor speech postponement and British ship requisitions spurred bullish moves, with corn and oats mirroring the action. Provisions climbed on warehouse stocks data. hogs stayed weak.
Quotations from Chicago show cash wheat No 2 red nominal and No 2 hard at 2.80. Corn No 2 yellow priced between 1.529 and 1.56. Oats standard at 69 to 70 cents. Barley ranged from 1.25 to 1.63.
Wheat futures closed with May at 3.74, July 2.19, September 1.86. Corn prices showed May 1.50, July 1.43, September 1.32.
Kansas City price bulletin lists cash wheel values for No 2 hard red No 2 red and No 2 white corn No 7 mixed oats and other grains with small fractional changes noted No 2 white at around 1.62 and No 2 red near 2.88 per bushel indicating daily market activity and price levels for key commodities.
Wheat prices in St. Louis on May 2 show No 2 hard and No 2 white bids around 1.55 to 1.62 dollars with No 2 oats at about 69 cents. The No 2 yellow or white and high grade notes appear nominal or unchanged.
New Orleans reports firm and rising demand for rough and clean rice. Receipts total 9906 pockets with sales of Honduras 1662, Japan 272, Blue Rose 1122. Prices quoted rough 6.00 to 6.50, Japan 5.00 to 6.75, clean Honduras 6.00 to 8.00, Span 6.00 to 7%, Blue Rose 6% to 7, Eagles 47 to 60, bran 38.
In New York on May 2 cotton goods remained firm while Lonsdale muslins advanced 1 4 5 cents. Yarns stayed fairly steady. Wool goods markets were firm with slight declines observed in some lines.
Observations recorded at 7 a m on Wednesday May 2 1917 note light wind under 10 mph and precipitation under .01 inch. Report from Korean Meteorologist Weather Bureau.
New York May 2 Overnight news and a run of peace reports caused irregular trading at the open. Utilities and rails showed weakness with United States Steel and Pullman slipping while Third Avenue Adjustment and Delaware & Hudson hit new lows. Final hour saw marine, oil, and metal shares push to the bottom as the market closed weak.
In New York on May 2 time loans for 60 days yield 7 percent annualized, 90 days 4 percent, six months 4 percent. Call money is strong with bid at 3 percent, ruling rate 3 percent, last loan 3 percent, closing bids offered at 3 percent.
New York quotes indicate Mercantile paper at 60 days 472, 69 day bills 472, commercial at 60 days 71 percent, demand 475, cables 476. Bar silver 74 and Mercandolars 57. Government bonds steady, railroad bonds weak amid varied sentiment.
London reports bar silver at 37 percent per ounce money at 3 percent and discount rates at 4 percent for short bills and 4 13 16 percent for three months in early May.
Lead strong and Spelter firm with East St. Louis delivery at 9 percent. Copper quiet with electrolytic spot and second quarter at 30.00 to 31.00, later deliveries 25.30 to 26.00. Tin steady at 58.25 to 59.00. Tron steady and unchanged.
London market report dated May 2 shows Lead at 30 pounds 108, Speiler 54, Spot copper 130 pounds 10s, futures 129 pounds 10s 0d, electrolytic 142. Spot tin 229 pounds 15s, futures 230 pounds 53s.
New York Association for the Blind founder Miss Winifred Holt praised President Wilson as the Prince of Patience at Columbia University. She offered volunteer service for war, detailing support for blinded veterans and a united effort with the New York Lighthouse to aid sight and mind rehabilitation.
A lengthy list of wholesale fruit, vegetable and commodity prices to traders, noting items like potatoes at 5.35 per hundredweight, onions in several Texas varieties, cranberries per barrel, peppers from Florida, and citrus and dried fruits with box and crate rates. Also included are coffee, rice, molasses, canned goods, and livestock byproduct prices, with quantities and origin notes for Texas, California, Florida, and Missouri.
May 2 at Union Stock Yards the hog market was irregular and generally lower, with Kansas City up 5 cents while St. Louis fell 10. Cattle and sheep were weak, receipts heavy, calves and yearlings soft, hogs off 25 to 59 cents. San Antonio yard totals listed cattle 407 calves 74 horses 44 hogs 182 for city trade.
In Chicago on a May trading day receipts show hogs 36 000 head with prices mixed from 14 65 to 15 90 per cwt and cattle receipts 22 000 head with native beef cattle 3 90 to 13 30, stockers and feeders 7 15 to 9 85, cows and heifers 6 00 to 19 10, calves 8 04 to 12 25. Sheep receipts 13 000 head with slaughter lambs 11 00 to 13 50 and ewes 9 13 00.
Kansas City Missouri markets show hog receipts around 12 000 with bulk sales near 15 20 to 15 80 per hundredweight and lighter hogs 14 75 to 15 50. Cattle receipts about 500 head including 200 Southern types with primal prices from 12 00 to 12 75 and cow and calf categories listed. sheep receipts around 3 000 with lambs 13 60 to 17 10 and yearlings 12 50 to 15 00. prices vary by grade and weight throughout the report.
Receipts and quotations for cattle and sheep at St Louis show 3000 head cattle with varied prices for native beef steers yearling stockers cows and calves and prime Texan quarantine steers while sheep receipts reach 700 head with lambs trading around 15 to 17 dollars and ewes and yearlings priced accordingly amid general steady trading.
The Senate passed by 52 to 8 a bill authorizing a $10,000,000 appropriation for government purchase and cost distribution of nitrates to Atlantic seaboard farmers for fertilizing purposes.
Chicago baseball executive Charles A. Comiskey donated 2219 dollars from the Chicago club’s first home series gate to the American Red Cross fund. He pledged future support and estimated his season share could reach 25000 dollars if the schedule is completed.
Tris Speaker of the Cleveland Americans has been indefinitely suspended after a clash with Umpire Hildebrand during Monday's game against St. Louis, an announcement stated in Cleveland on Tuesday night.
A novel electric heating pad uses a heating element wound on indiamica with asbestos paper, encased in metal. It avoids stress in the wire as bending forces transfer to a braided copper cable of 72 No. 36 wires. A safety link with a fusible alloy opens the circuit if the pad overheats.
A visitor near the riverfront lights a box in his pocket that catches fire. He dashes toward the edge, jumps in, and a boat hook rescues him. The incident is described with the flirtatious quip about running starts and river life.
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