Strength Shown in Near Month Cotton Market
The cotton market featured strong near month positions with firmer undertones on June notes and export buy rumors. July and October contracts fluctuated with gains and losses as traders speculated on shipments and strong local demand, closing with mixed advances and declines across different delivery months.
Wheat Sags as Corn Weakness Drags Prices
Chicago June 7 wheat failed to hold gains amid weak corn and potential delays in German reparations settlement. July and September futures closed near yesterday’s levels with slight declines, while corn slipped and oats eased. Rain damage in Oklahoma and Kansas spurred cautious buying, but bear pressure in corn weighed on wheat and later supported by packer demand for provisions.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Oklahoma
Kansas
California ships oil to Atlantic Coast via Panama Canal
California exports oil to the Atlantic coast at a rate of one million barrels per month through the Panama Canal, reflecting a shift in regional energy supply routes and demand patterns.
MENTIONED IN THIS ARTICLE
California
Atlantic
Panama Canal
Stock Prices Yield to Moderate Profit in New York
Stock prices rose and fell with moderating profits as investors sold selectively. Gains of 1 to nearly 5 points appeared in steel equipment oil and motor shares while Studebaker and other motors sagged. Day’s volume reached 618,200 shares with mixed currency and money market activity.
MENTIONED IN THIS ARTICLE
Associated Press
New York
New Iowa
American Express
International Harvester
Standard
New Jersey
Virginia Carolina Chemical
Hallroad
Cinas One
Studebaker
Motors
Royal Dutch
Houston Ol
Eee
French
France
Otigh
BO. Wilgh
Newburger's cotton digest and market outlook
Furnished by Amarillo Cotton Exchange New Orleans June 7 Liverpool shows surprising strength in private cables suggesting European spinners may shift. If British trade expects a smaller crop prices could rise to July levels, with insect and weather risks ahead. We advise Close weather/insect reports and focus on constructive positions as supply tightens and higher prices loom.
MENTIONED IN THIS ARTICLE
Newburger’s Cotton Digest
Amarillo Cotton Exchange
Polk Street
New Orleans
Liverpool
Coffee futures market shows mixed near month commitments
New York trading on June 7 saw only modest adjustments in the coffee futures market with no major features. July slipped to 9.66 after briefly touching 9.70, March hovered around 48.12, and the overall market finished 3 to 5 points from the previous close. Around 12,000 bags were traded, with remaining contracts listed as July 9.66, September 8.46, October 8.60, December 8.24, March 8.15, and May. The local spot market remained quiet with Reza at 11 to 11.1 cents and Santos 4s at 14.5 to 15 cents.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Shorts
Jane
Monthe
United States
New Orleans
Associated Trees
Liverpool
Texas
Reza
Santos
Sugar Market Steady as Cuba Porto Rico Prices Hold
New York June 7 The raw sugar market shows limited activity with unchanged Cubas at 6 1/2 cents and Porto Ricos around 6 1/2 cents. June shipments saw 27 500 Cuba bags and 13 000 Porto Rico bags sold while futures drifted lower. July at 6.28, September 6.34, December 5.75, March 4.42. Refined sugar prices remain fixed at 9.75 to 9.90, with futures nominal.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Cubas
Porto Ricos
Cotton Seed Oil Futures Rise on Strong Demand
Cotton seed oil prices climbed with July futures at 11.86 and September at 11.45 as buying from the West and shorts increased on a firmer Wall Street tone and strong lard and cotton shows. July closed 44 points higher, with sales totaling 18,800 barrels and bids for spot and future lots including Prime crude at 10.00 and Summer yellow at 11.75.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Wall Street
Trade report on New York dry goods markets
Dry Goods NEW YORK June 7 Wash fabrics and cotton dresses sold more freely in primary markets today. Lightweight knit underwear moved better. Cotton goods generally were quiet. Yarn were slow. Hawalik was quiet with requests for deferred delivery. Burlaps were steady and quiet. Wool goods were unchanged.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Aerial Coast Photographs Planned by Un States Officials
A government plan outlines aerial photos of the entire U n States coast for surveying purposes. The move aims to map coastline features and monitor changes, with officials noting potential environmental and security applications.
MENTIONED IN THIS ARTICLE
BP Orakhtione Mba
Cattle Offerings Large Sales Light at Fort Worth Market
Fort Worth June 7 cattle sale saw large receipts around 4 000 head with common quality and weak to lower tone before clearance. Calves steady, keg yard run sold at 1 60 head, top 7 05. Pigs steady 5 70 to 6 00. about 1 500 sheep offered, choice wethers 6 00. Chicago reports uneven cattle, slow and weak to 15 cents lower, steers and yearlings 10 10 to 10 25, hogs steady to 10 cents higher, top 7 25.
MENTIONED IN THIS ARTICLE
Associated Press
Fort Worth
Choice Wethera
Cattle and Hog Market Report From Bastrop TX June 7
Cattle receipts totalled about 10,000 head with market steady to 15 cents lower. Native steers quoted around 8.45 to 9.50, yearlings 4.00 to 9.50, cows 5.00 to 6.00, canners 2.00 to 1.50. Hogs receipts 11,500 with market slow and 10 to 20 cents lower. top 1.05, bulk 7.00 to 7.00, pigs 8.75 to 0.25, packer sows 5.55 to 5.05.
MENTIONED IN THIS ARTICLE
Associated Presa Bast BT
Louis
Texas
Market Report From Kansas City Hogs Cattle and Lambs
Kansas City market notes hogs receipts 11 000 holdover 4502 early sales steady to 6 cents lower commodities mostly 6 55 to 6 86 bulk 6 60 to 6 75 packing sows steady to weak stock pigs steady to 15 cents lower bulk 5 85 few 6 25 cattle receipts 6000 holdover 1880 be at heavy eaters strong other grades steady to 25 cents lower early top 11 00 bulls steady canners steady bulk cows 4 25 to 7 00 yearling heifers around 9 00 calves steady choice dealers 9 00 steers about steady Texas offerings 6 40 deep lambs receipts 6000 holdover 15 spring lambs steady to 25 cents higher top natives 15 25 largely 14 75 to 15 25 sheep steady Texas wethers 6 25 to 7 00
MENTIONED IN THIS ARTICLE
Kansas City
Texas
Hogs and Cattle Prices Steady at Wichita Market
Special dispatch from Wichita Kansas reports hog receipts about 1,500 with prices top 6.65 and bulk 6.45 to 6.05, top outs 85.50. Cattle receipts around 500 including 100 calves, market generally steady with beef steers 7.0 to 8.00, beef cows 4.00 to 6.50, veal calves 3.00 to 7.00, stockers and feeders 3.0 to 6.00, stock cows and heifers 3.00 to 1.75.
MENTIONED IN THIS ARTICLE
Wichita
Kana
Foreign Money Report from Amarillo Yon ies change
Foreign money report from Amarillo Yon provides exchange notes and demand 60 day bills. The document lists Francs and various monetary values, including a 4% rate and references to silver and funds. Location noted as 808 Polk Street.
MENTIONED IN THIS ARTICLE
Amarillo Yon Ies
Polk Street
Five Tests Watched by This Section
Leasing activity in the Amarillo oil field shows renewed life with five tests drawing attention. Texas No. 2 Burnett ranch lifted bradenhead at 2850 feet with 50 million cubic feet gas, Silk No. 2 Burnett shows heavy oil at about 2900 feet, Gulf's No. 8 Burnett reportedly has two million feet gas at 2655 test and is being repaired, Tipton No. 1 McConnell section 201 Block 3 Carson drills in black sand at 2825 feet with heavy oil, and Texas Company No. 1 Sanders 3 Block 1 ten miles SE of Lefors drills in shale at 1370 feet.
MENTIONED IN THIS ARTICLE
Amarillo
Texas No. 2
Burnett Ranch
Bradenhead
Burnett
Gulf
Tipton
McConnell
Block
Carson
Texas Company
Sanders
Lefors
Panhandle Beauty Contest Draws Amarillo Interest
Beautiful young women from the Pan handle gathered in Amarillo for the Panhandle Rock Island lines institute beauty contest. One contestant will receive a Hollywood trip as prize and the Panhandle queen may reach fame. Contestants registered yesterday and were hosted by local homes, with a Legion dance tonight at Municipal Auditorium.
MENTIONED IN THIS ARTICLE
Amarillo
Panhandle- Rock Island Lines Institute
Hollywood
Calif
Panhandle
American Legion
Legion Quarters
Municipal Auditorium
Rock Island to Spend Large Sum on Road Here
Rock Island Lines vice president Leon M. Allen said conditions nationwide are improving and the system will invest 18 600 000 for additions and improvements next year. A significant portion funds road work entering Amarillo from Memphis and aims to make the line the direct route to Washington and New York. Allen spoke at the Institute, praised Amarillo’s growth, and met Rotary Club officials.
MENTIONED IN THIS ARTICLE
Rock Island
Allen
Leon M. Allen
Rock Island Lines
Institute
Chicago
Mr. Allen
Iime
Amarillo
Memphis
Tenn
Washington
New York
Rotary Club
Legislature Day in Texas Capitol Highlights and Thanks
In Austin on June 7 the Senate passed the Wood departmental appropriation bill totaling 6 568 000 and adopted a conference report on the judiciary appropriation bill. Bills addressing governor's call were introduced in the House while general educational appropriations faced reductions. R M Johnson of Houston addressed the House. The farm block urged passage of a price income tax bill. A card of thanks extends gratitude for kindness and floral tributes following the death of Mrs. G A McCullough with appreciation for Dr. Thompson and funeral conduct.
MENTIONED IN THIS ARTICLE
Austin
Senate
Wood
Baldwin
Pope
R. M. Johnson
Houston
United States
House
G. A. McCullough
Furniture and Trading Co Advertises Used Goods
The Furniture and Trading Company at 112 West 6th St offers new and second hand furniture stoves gas ranges and ice boxes bought for cash and sold on easy credit. Phone 1906 for purchases in their line.
MENTIONED IN THIS ARTICLE
the Furniture & Trading Company
West 6Th St
Also Mentioned on This Page
Daily News Market
Tee Middle
Orleana
Mempila
Augusta
Atlanta
Montgomery
Treport
Olk
Maynsesis
Tee
Dan
Ane
Josed Steady
Tosawesien
Yeatily
Stone
American Spors
Neport
Jon York Street
Tallaa
Custon
Galveston
Norfolk Oro
Atlantic Coast Line
Baltimore & Ohio
Bethlehem Steel
Ae Keene Neeeene Coenen
Canadian Pacific
Central Leather
Chandier Motor
Chesapeake Etree
Pacific
Chile
Copper Ave Peeteee der Rpeneerres
CME
Vevees
Consolidated Gaa
Eneeenene
Eteene
Orn
Eeehebeds
General ‘Amphalt
Jerkeeuy Sa
Eiewl Ea Tabiabans General Electria
Seees
Eeenee Eneral oMtora
E Ewes
Gulf States Steel
Teennee
Oon 8
Inspiration Copper
Oenee International Harvester
Ee Enwe International Paper
Eane Aenhae Senna Kelly Springfield
Kennecott Copper
St Lita
Loulaville & Nashville
Marland
Kana, & Tex
COURS
Ricianee
Northern Pacific
American Petroleum
Pere
Ponnayiveanta Cep
Phillips Petroleum Cente
Producers & Treflners
Prgot Gees Ieee
Ils
Betedane
Rte
Duteh
N. Y
Louza
San Francisco
Sks
Sinclair
Standard Oil
Studebaker Corporation
Tennessee Copper
Creed
iTobacco Products
Tubber
Utah Cooper
Weatinghouse
Chicago Grain Market
Amarillo Cotton Txchange
Yeatdy
Amarillo Grain
Weber
Caasieres Pryee
Silvan Newburger and Co
Gravier Street
New York and
J. D. Hunter
Amarillo Hotel
Chicago Livestock
Huga
At, Louis Livestock
Kansas City Livestock
Wichita Livestock
Newa
Amarillo Poultry
G. E. Wharton and Family
Ecole
Asparillo
Zemo
Sically
the “Staff of Life
Sopad
Spalding
Natatorium
Gib Hunter
Nunn Electric Co
Polk St
Long-Bell Lumber Company