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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Dec 13, 1925
Page
13
The cotton market extended its slide as selling continued in New York trading. Prices ebbed with January and May futures slipping to new lows, while October futures hit 18.0 to 18.1 cents. Foreign buyers remained active on October amid hedging and liquidation, and analysts noted expectations of larger December reports and possible spot offerings before holidays.
The New Orleans cotton market drifted lower after an initial steadiness as fears of large ginnings and favorable picking weather weighed on prices. January, March, and May futures all closed near session lows, with exports for November totaling 14 million pounds of yarns and 326 million square yards of cloths, while daily exports reached 25,081 bales.
New Orleans market reports a net decline in cotton futures across the board. Lead contracts Jan March and May show slight drops from prior closes with mixed high, low and settlement figures indicating a cautious session.
Chicago reports steady poultry pricing with live fowls at 17 to 24 cents, springs 25, turkeys 32, roosters 16, ducks 23 to 24, geese 18 to 19 cents. Data dated December 12, with market context from the urban trade.
Chicago wheat prices closed irregular with a net decline in December to 1.683 and May to 1.659 as futures fluctuated. Wheat strength abroad tightened local activity while corn and oats eased and provisions varied, with hog trends supporting a firmer meat market.
New York reports mixed cotton goods activity on December 12. Print cloths and sheetings eased about 4 cents per yard from last week while yarns remained quiet, mills seeing about thirty days abroad for supply. Raw silk and wool markets eased, burlaps weaker locally and in Calcutta, December to January delivery seen. rayon sales at capacity, with wash goods and upholstery lines in demand.
Chicago market report notes butter prices with creamery extras at 4.64, standards 4.44, extra firsts 4.44, firsts 4.24 to 4.33, seconds 4.14. wholesale revs unchanged.
Chicago reports mixed potato pricing with Wisconsin round white at 3.40 to 3.65 per sack and fanciful grades around 5.75 while Idaho sacks range from 3.20 to 3.50 amid slow trade.
New York reported a quiet coffee futures session on December 12 with prices slipping 15 to 25 points. Estimated 4,000 bags traded. December 16.65, January 16.50, March 16.40, May 16.25, July 16.03, September 15.58. Spot Rio 7s at 17, Santos 4s at 223 to 23. no change in cost and freight offers.
New York December 12 Cotton seed oil edged up three points on covering amid firm lard as outside support waned and local selling drew prices back. Closing ranges fell 2 to 5 points from session highs with 3,700 barrels traded. Prime crude oil 8.62, prime summer yellow spot 10.20 bid, December 10.20, January 10.13, March 10.08, May 10.18. Amarillo Livestock Hog market steady with packer top 10.25 and smooth packing sows 8.75.
The document lists commodity prices including wheat at 1.56 per bushel basis no 1 hard and maize at 0.00 per 100 pounds with kafir and abbichos noted at 0 and 0. The entry reflects a partial table of grain prices with missing or unreadable values for several items.
Chicago controversy unfolds as Michael Goldsmith tells his wife he has a wife in 690 towns, prompting his spouse to win a divorce in a dramatic case. The filing centers on alleged bigamy and marital strain amid the unusual claim.
Cattle receipts 600 and calves 100. Week bulk prices for steers and yearlings 7.85 to 10.35. Butcher cows 4.35 to 7.00. Heifers 5.00. Canners and cutters 8.25 to 10.15. Veal 6.75 to 10.00. Stocker and feeder steers 6.25 to 8.50. Hog receipts uneven. bulk sales 10.35 to 10.65. Packing sows 9.00 to 9.25. Sheep receipts 600 for the week. fed lambs 16.75 to 16.40. Yearlings 13.00 to 13.15. Wethers 10.50.
Wichita Kansas the week ending December 12 shows receipts of 175 steers with prices from 8.00 to 9.00 for the range, 900 hogs with bulks 10.40 to 10.55, 25 sheep with lambs at 14.50 to 15.25 and fat ewes 6.00 to 7.00, plus cows helpers canners and cutters and stocker and feeder steers priced in the 2.85 to 9.50 range.
Fort Worth Pec 12 cattle receipts 1000 including 200 calves steady live cattle prices 4.25 to 8.50 per hundredweight stockers 3.50 to 8.00 fat cows 3.50 to 5.50 yearlings 4.00 to 10.00 bulls 3.00 to 4.00 calves 3.00 to 8.00 hogs receipts 250 steady bulk 11.10 to 11.25 sows 10.00 to 10.25 pigs 9.50 to 10.75 sheep receipts 1050 steady lambs 13.00 to 15.25 feeders 12.00 to 14.50 yearlings 10.00 to 12.00 wethers 7.56 to 8.50 ewes 6.50 to 7.50 stockers 3.50 to 7.00
Chicago stockyards report shows hogs receipts around 4000 with steady prices. slaughter hogs quoted at 11.00 to 11.50. sows 8.40 to 8.50. heavy hogs 10.80 to 10.20. cattle receipts 500 with week bulk prices fat steers 8.50 to 10.75. fat cows 4.50 to 6.75. heifers 6.50 to 7.75. veal calves 11.00 to 12.50. Sheep receipts 800. week fat lambs 16.00 to 17.00. feeding lambs 15.75 to 16.75. fat yearling wethers 12.75 to 14.00. wethers 10.00 to 11.00. fat ewes 13.00 to 14.00.
East St Louis reports for December 12 show hogs receipts around 5,000 with bulk at 11.25 to 11.85, pigs under 50 pounds to packers at 8.75. cattle receipts about 400 with week bulks quoted 7.50 to 11.25, fat yearlings and heifers at 9.75, cows 4.75 to 5.75, canners 3.40 to 3.50. sheep receipts 250 with top yearlings 14.25, aged wethers 11.25, lambs 16.25 to 16.75, culls 11.00.
Cotton futures closed barely steady with a net decline of 13 to 20 points. Prices for January through October show varied quotes, paced by nearby month activity and positions at New York.
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