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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Jun 11, 1925
Page
8
Across New Orleans and New York, the cotton and coffee markets showed a downward tilt. Cotton prices slipped with traders noting losses around 7 points, while coffee futures rose modestly with July and September contracts posting gains and brisk daily sales.
The New York raw sugar market closed higher after a volatile session. Spot sugar eased while shipments of Porto Rican Cuban and Philippine cargos for June and July moved at firm prices. Reports show large volumes and renewed buying in raw sugar futures as beet crops look favorable despite market nerves.
Chicago June 10 Wheat futures surged briefly on a government report but closed weaker after heavy selling to realize profits and await Canadian crop data. July and September contracts fell about 2 cents, while oats and provisions also declined as traders priced prospects for a rebound in supply.
Butter prices in Chicago fall with creamery extras at 42, standards 424, extra firsts 414, firsts 20 to 40, seconds 36 to 38. Potatoes weaken across new stock with assorted regional bids and sack trade for Cobblers and Triumph varieties, price ranges noted in North South Carolina Oklahoma Arkansas Wisconsin Michigan markets.
Poultry alive higher in Chicago trading with fowls at 24 metric units and broilers at 304 44, roosters 134, turkeys 20, ducks 22 00, geese 13 q 24. The Associated Press notes increased demand lifting prices across categories.
In New York on June 10 United States bonds showed Liberty 3 5 101.2 and First 435 at 102.20 with Second 4s at 101.18 and Third 4 3 s at 102.8. Fourth 4 0 s at 102.20 and U S Treasury dis symbol recorded as 103.12.
Foreign exchanges show irregular activity in New York on June 10 with Britain at 4.899, cables 4.86, sixty day bills on banks 4.8732. France at 4.883, cables 4.80, Italy 3.96, Belgium 485, Germany 23.81, Tokyo 408, and Montreal 1.00.
Chicago cotton prices today closed 33 to 35 points higher as weather reports influenced trading. July futures for October delivery settled at 22.35 with December at 22.40 and January at 22.50.
New York June 10 reports July futures rose briefly on cash buying but general market weakness pulled prices down. Close shows losses of 5 to 13 points with 15,000 barrels traded. Prime crude 16.00 asked, summer yellow spot 10.40 to 11.00, July 10.89, Sept 13.28, Oct 11.15, Dec 10.62, all bids.
Eye water product called Dickey's Old Reliable Eye Water claims to cool and heal red eyes without pain. The ad mentions a red folding box and directs readers to buy at all druggists.
Advertisement notes finger nails may gain a superior polish using Sea Shell Gloss. Promotes a glossy finish and suggests the product as a premium nail care aid.
Cattle receipts total about 8 000 with 2 000 calves. Top yearlings fetch 11 50, choice kinds 11.00, grass cows 5 0 to 6 0, grass heifers 86.00 to 96.50, New Mexico heifers around 7.00, grain fed New Mexico cows 10.50, cutters 8.00. Hogs receipts 12 000, top 11 88, sows 10.75 to 10.00, stock pigs 11.00 to 11.50. Sheep receipts 7 010, native lambs 15.00 to 15.75, yearlings around 13.00. Chicago and other markets show mixed bids with hogs and cattle varying by region.
Amarillo hog market 16 lower with top 11.50 and bulk 11.05 to 11.25. Wichita market 10 lower top 11.80 with bulk 11.56 to 11.75 and cut outs 10.75. Cattle receipts 400 with 100 calves. price ranges show beef steers 7.00 to 10.00, heifers 4.00 to 9.00, cows 2.00 to 5.00, calves varying, stockers and feeders 3.50 to 7.00, sheep 200 with top 13.75 and bulk 13.00 up.
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