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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Jun 22, 1924
Page
8
Daily News market page reports a draining tendency in cotton with July shorts sustaining some demand from better weather and crop reports. New Orleans trade shows July sliding to 27.67, with other months easing as liquidation and weather expectations push prices near daily lows.
Cotton seed oil closed with gains of 2 points for active contracts while July offerings were absorbed by refiners. Short covering supported September, with 6 100 barrels traded. Prime grade 9.0, summer yellow spot 10.50, July 10.04, September 10.47, October 10.00, December 9.15, all bids noted.
Harvesting in the southwest with favorable conditions weighed on wheat values. Prices closed unsettled with July at 1.13 to 1.138 and September 1.14 to 1.144, down 17 to 1 cent. Corn futures fell on a brighter corn outlook while oats and provisions slipped.
New York June 21 stock prices continued higher in a brief session as gains were modest and buying selective. An oil group burst of activity pushed shorts to cover with producers and refiners posting 1 to 2 point advances while Transcontinental Oil rose fractions. Public utilities and rail issues also showed strength with several high for the year.
U S bonds end slightly higher with Liberty and government issues trading firm. Market activity centers on industrials and utilities amid thin volume as traders await clearer signals from earnings.
Hog prices steady to strong with tops around 7.05 to 7.10, bulk cattle 6.80 to 7.05, sows and pigs mixed. Cattle, calves and bulls mostly lower on the week with fed steers 7.75 to 8.75, yearlings 7.75 to 8.75, beef cows and heifers down 15 to 25, vealers 7.50 to 6.50, and stockers 5.50 to 7.60. Lambs around 14.00 to 15.45 for natives and 15.45 for Arizonas, sheep steady to strong with wethers 7.85 and ewes 5.00 to 5.50.
Wichita livestock report shows steady oddities at 600 Market with 08 asking price. Receipts remain light as sales total around $6.20. Cattle and calves steady to lower with calves and cutters 15 to 25 lower. Slower demand for stockers and feeders, overall market 2 lower with small weekly clearance.
East St Louis market reports hogs with receipts around 6.00 and prices from 6.10 to 7.40 for heavies and packs 6.25 to 6.38. cattle receipts 300 with native steers 7.50 to 9.50, Texas steers 5.00 to 6.50, yearlings and heifers 7.75 to 9.00, cows 4.26 to 2.50, canners 2.00 to 2.50, bulls 4.25. sheep receipts 150 with lambs 13.50, culls 6.50, ewes 5.00, lambers 4.00.
Fort Worth animal market figures for June 21 show cattle receipts at 1,000 including 200 calves with steady prices. Beeves ranged 3.50 to 7.60, cows 2.75 to 5.00, heifers 3.50 to 7.50, yearlings 4.00 to 8.50, calves 2.00, and stockers 3.00 to 6.50. Hogs sold by head with market nominal, sheep and lamb data indicate lambs 10.00 to 12.50 and feeders 6.00 to 8.00, with other weights listed.
Chicago June 21 hogs receipts about 6,000 with lower bids. Packing sows 6.30 to 6.70, heavy slaughter pigs 7.20 to 7.40, medium 7.10 to 7.40. Cattle receipts near 1,000 with bulk prices: beef steers 8.25 to 10.25, stockers 6.65 to 7.75, fat cows 4.50 to 6.50, fat heifers 6.50 to 7.75, canners 3.50 to 6.50, veal calves 8.50 to 9.50. Sheep receipts 2,000 with lambs 14.00 to 16.00, yearlings 11.50 to 13.50, wethers 7.50 to 8.50, ewes 4.00 to 5.50.
Potatoes firm with Wisconsin round whites selling 1.10 to 1.20. Alabama and Louisiana Bliss sacked at 2.30 to 2.40. Carolina Cobblers 38.75 to 4.50 per barrel. Markets show steady demand across regions with price ranges noted for each variety.
New York June 21 foreign exchange rates remain steady with quotes in cents for various currencies. Major figures include Great Britain at 4.82 and 4.933 for cables, France at 6.403 and 5.414, Germany noted at per trillion 23, and Japan’s Tokio at 414. Montreal also listed among the rates.
A cargo boat in Rangoon collided with a United States Army Air Forces aircraft last night, severely damaging the wings. Repairs are hoped to be completed by Monday before the aviators depart for Calcutta via Akyab and Bassein.
Washington June 21 Department of Agriculture officials announced that foot and mouth disease in California has been eradicated almost completely with only occasional flareups. Travel restrictions for tourists and automobiles have been removed or eased, causing practically no delay or inconvenience.
Canyon will send twenty piece Buffalo band to Adobe Walls on June 27 for unveiling ceremonies at the historic battlefield. Conductor C F E Strain leads the group with camping gear, two days in the region. President J A Hill and former Texas Chief Justice Nelson Phillips are among speakers. J F Turner of Amarillo to be master of ceremonies.
Fossil records reveal that long ago giraffelike creatures with horns and antlers roamed vast regions spanning southern Europe, Persia, India, and even China.
Reported seventeen deaths from heat in Ohio and Indiana relief after a severe windstorm. Racine Wisconsin sustained the worst damage with a half mile by 12 mile stretch wiped out, nearly two million dollars in property loss. Telegraph lines were torn down and train service impaired.
In Detroit on June 21 two unidentified people died from extreme heat and a lightning strike. A man died on the streets as the thermometer hit 92, the highest June 20 reading in fifty years per the weather bureau. A woman died at night when a street car was struck by lightning and she fell or jumped, fracturing her skull.
Twenty one people in Ohio died in the last 24 hours from heat or heat relief efforts as sweltering conditions lingered statewide today. Officials reported general relief from the heat across the state as the list of fatalities was compiled in Columbus.
Fragmentary OCR hints at a local sale or transit note mentioning a salesman and a person named on the move. Core details are unreadable. no clear event, date, or location can be established from the readable text.
In Roswell New Mexico on June 24 defense attorneys for Nannie Halsey Luther Foster and William Archer argued to a jury in the murder case of Fred Halsey. The proceedings marked the eighteenth day and the first request for the death penalty against a woman in the state. Mrs Halsey fainted during Robert Dow’s three hour appeal for acquittal as the trial nears a Monday continuation with Osborn and Fulton set to present further defense and prosecution arguments.
June 21 report from Ralls notes rapid harvest by local labor on limited acreage. Yields run around 20 bushels per acre with tests as high as 62, price at $1.00. Farmers describe the harvest as good overall.
San Francisco Journal owner announces purchase by San Francisco Bulletin group and that the paper will stop after today's issue. Also notes Katy boosters visit to Austin, high school accreditation applications in Texas, and related state education official statements.
Mrs Anna A Stillman is granted 15000 in additional counsel fees to prepare her appeal before the court of appeals. The award was filed in Poughkeepsie by Supreme Court Justice Morschauser and aids her challenge to the appellate division ruling denying her husband James A Stillman a divorce.
The Meo tion of Bethel Monnite Church miles northeast of Wawaka, Oc county granted a charter to sell stock to members. The church organized itself as a corporation to share in its own ownership and operations, with about $1,200 in stock issued to members.
Young men and women are at the farms at the rate of about a year. Annual meat consumption per person has declined from 192 pounds to 150.
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