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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Dec 17, 1925
Page
10
In a volatile session, cotton futures eased with March at 18.86 cents and May around 18.60 as declines dominated. Reports cited weaker demand and heavy selling driven by South and Egyptian markets, with port receipts at 66 456 and exports for the season near 4 191.
Cotton trading in New Orleans on December 16 showed a downward trend all day with losses of 31 to 36 points, aided by wet weather and anticipated ginning figures. Early gains faded as prices across Liverpool and futures fell, while exports reached 55,935 bales by close.
New York December 16 Moderate buying by houses in forward months and covering shorts in soybeans and grain supported firmness in cotton seed. Ranges rose 5 to 10 points with improving prices. Sales 10,400 barrels. Prime crude 623, prime summer yellow spot 10.50, December 10.40, January 10.27, March 10.15, May 10.28 all bid.
The raw sugar market opened steady with no sales, prices unchanged at around 4.15 duties. December closed four points higher while other nearby months drifted. December at 2.54, January 2.55, March 2.41, May 2.54, July 2.64. Refined sugar activity consisted mainly of contract withdrawals at 5.00 to 5.50 for fine granulated.
In Chicago on December 19 potatoes remained steady with sacked round whites trading between 3.40 and 5.60 per cwt while russets moved around 15.95.00. The report notes activity across potato grades with pricing showing little change from prior listings.
New York financial notices list U S Liberty bonds at 90.20 for Liberty 3s 90.20, 4s at 90.50, and various U S Treasuries with quoted prices and sixteenths. Listings include 192.30, 101.20 for program issues and other treasury securities with differing fractions.
Chicago market sees sharp swings in wheat trading as traders react to an Argentine government report predicting a large harvest and exportable surplus. December and May futures move notably higher while corn and oats show mixed results and hogs influence provisions.
Chicago wheat prices show small moves with Dec and May contracts recording modest gains and losses amid thin trading. Market activity centers on December old and new series while oats and rye quotations drift and lard and ribs futures display varied levels as traders monitor supply signals.
New York December 16 cotton futures closed steady with small net declines of 28 to 34 points. Trading showed mixed highs and lows across the front months with January at about 18.64 to 18.98, March near 19.20, May around 18.60 to 18.94, and later values in the 18.30s.
New Orleans reports cotton futures ending steady with declines of about one dollar for several contracts. Prices ranged from a high near 18.96 to a low around 17.21 in late trading, with the close showing mixed movements across grades and near term futures.
Chicago reports a steady poultry market with live fowls priced 18 to 26 cents, springs 25, turkeys at 335, roosters 16, ducks 22 to 25, and geese at 17 cents.
Chicago market report shows butter varieties with prices for creamery extras and standards. Extra firsts and firsts range around 449 to 424 per unit while seconds quote near 403. Eggs rise with firsts around 44 to 45 and refrigerator extras about 254, with ordinary firsts at 240 and other firsts at 34.
New York December 16 report shows call money easier with high 5s and lows around 44, ruling 5, closing bid 43, offered 42, last loan 43, call loans acceptance 4, time loans steady. Six ty and ninety days 43 5, four and six months 43 5, prime mercantile paper 44.
On December 1 in New York foreign exchange markets held firm with Britain at 4.81% in cables 4.35 and 60 bills on banks at 4.803. France quoted at 3.67, Italy 4.03, Belgium 4.58, Germany 23.80, and Tokyo 43 percent.
Fragmentary OCR notes show grain prices with per bushel for wheat and per 100 pounds for Milo Maize and kafir. Data is incomplete and garbled, but indicates prices around .42 for a unit and mixed commodity terms. No clear figures or sources identifiable.
Fragmented market listing notes prices for Rosa Leghorn hens and turkeys with prices per hundredweight and various varieties. Includes advisories from Dr Claude Wolcott of Amarillo urging careful examination and preventive care to avoid unnecessary eye ear nose or throat surgery.
Kansas City cattle receipts around 10 000 with calves about 2000 remain steady. Fed steers buy offers range eight fifty to ten dollars. South Texas steers seven seventy five. Beef bulls reach five seventy five. Choice veal near ten. Hog receipts seven thousand active, packers buying hogs around ten fifty nine to eleven twenty. Packing sows nine twenty five to nine seventy five. Stock pigs eleven twenty five to eleven eighty. Lambs six thousand slow with fed lambs about fifteen dollars.
East St. Louis markets show cattle receipts at 3,500 with slow steer bids around 7.50 to 9.10 and light vealers at 12.25. Pigs and sows trade in mixed ranges with bulker pigs around 11.50 to 15.75 and packer sows near 9.25 to 9. etc. Canners and bulls trade lower. overall receipts improve slightly with prices cited for various categories.
Oklahoma City market notes show cattle receipts at 1800 with slow demand. Steers bring up to 8.50 with yearlings to 8.00, cows range 4.25 to 7.00, calves up to 8.00. Hogs receipts 600 with higher bids. light butchers up to 11.80 and heavy around 11.15.
Fort Worth market report shows cattle receipts around 6000 with 1500 calves. Prices span beef cattle from 5.50 to 9.00, stockers 5.00 to 7.75, fat cows 3.50 to 5.20, yearlings 6.00 to 12.00, heifers 5.00 to 12.00, bulls 3.00 to 4.00, calves about 5.50 to 6.00. Hog receipts about 800, steady. lambs 14.00 to 15.25, feeder lambs 12.50 to 14.50, yearlings 11.00 to 11.25, wethers 7.75 to 6.25, ewes 6.00 to 7.25, stockers 6.00 to 9.50.
Wichita market report shows cattle receipts at 1000 with steady fed steers around 8.35 and cows 4.25 to 5.50, hog receipts 1200 higher with butchers 11.00 to 11.15, sows 8.75 to 9.00, sheep 1100 receipts lower led by lambs at 14.50 and bids up to 8.00 for other grades.
Chicago markets report receipts hogs 19 000 with uneven demand. Packing sows 5 60 to 9 00, biting pigs 12 40, heavy hogs 10 30 to 10 90, medium 10 70 to 11 05, night 10 50 to 11 30. Cattle receipts 15 000 with slow to matured steers 12 75, best yearlings 15 00, fat steers 8 50 to 10 75, vealers 0 50 to 10 00. Sheep receipts 11 490 steady with lambs 16 25 and westerns 15 50 to 15 75.
New York December coffee futures opened steady and closed lower by up to 15 points as Decembers circulated prompting liquidation. Early trading saw a 12 to 13 point drop with about 41,000 bags sold. Front month December 16.52, January 16.50, March 16.42, May 16.20, July 15.93, September 15.02. Spot coffee steady with Rio 7s 17 to 1t and Santos 43 22 to 229.
In New York on December 16, 1925, one of the largest southern lines of solid color and bleached flannel opened for fall 1926 at prices about two cents a yard below last year. Print cloths and sheetings were quiet with prices irregular and a shade lower. Raw silk lower abroad, steady here. Foreign wool markets continued easy. Burlaps remained quiet and irregular.
A dealer announcement touts a carload of Rome Beauty apples at 1.76 dollars per basket, offered in ten lots as a bargain for holiday trade. It mentions small quantities of other varieties in bulk, baskets or boxes, alongside seasonal fruits like oranges and grapefruit at moderate prices for quality.
A local ad lists fair prices for Russet potatoes, turnips, rutabagas, sweet potatoes, beans, peanuts, nuts, syrup, honey, oranges, grapes, lemons, apples, tomatoes, lettuce, celery, radishes, onions, eggs and more. The seller emphasizes quality, carload shipping, reduced handling, and customer savings.
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