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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Jun 29, 1927
Page
8
The New York and New Orleans cotton markets closed higher with the October contract at 17.12 and 17.26 respectively. July notices sparked initial weakness, then buying returned as demand for cotton appeared, with futures for December and October posting multiple points gains and overall market firmness.
Kansas City reports hog receipts about 8 000 with prices mostly 10 cents higher, top 8.85 for 200 to 230 lb hogs and varied ranges for other weights. Cattle and sheep receipts and prices at Omaha and Chicago show mixed gains and steady trends, with top lambs around 13.40 and wheat futures nudging upward on rust fears and Kessinger bill outcomes.
Cotton futures closed July at 16.70, October 17.10, December 17.35 as receipts fall. Hogs and cattle show varied gains while money market in New York remains firm with call loans and time money steady. Sugar and silver prices drift with mixed spot and futures activity and minor shifts in nearby offerings.
Denver and Wichita reports show cattle receipts around 1,200 at Denver with calves and feeders varying, hogs about 1,300 with a top near 9.10, and sheep around 4,000 with ewes around 3.50 to 4.50. Wichita lists 400 cattle, 1,700 hogs with tops near 9.00, and 200 lambs with mixed tendencies and prices across classes.
Cattle receipts 9,000 with mixed demand. top heavy cattle as high as 14.26, yearlings around 13.50. fat stock steady to weak. Bulls steady. medium grade 6.25 to 6.50. Sheep receipts 7,000 with native lambs around 13.50 to 15.75 and best Idaho lambs at 14.25. Westerns scarce. Hogs 29,000 with better grades active and firm to higher. top 9.35, 160–200 lb 9.29–9.35, 210–250 lb 8.85–9.25. light weights strong at 8.75–9.00. sows steady around 7.40–7.85.
Fort Worth market figures show cattle receipts around 2 500 with 500 calves. Beef steers range 6.00 to 10.50. fat cows 5.25. yearlings 6.00 to 10.25. bulls 4.25 to 6.00. calves 5.50 to 10.25. Hog receipts 1 043 with cows 7.75 to 8.00 and pigs 7.00 to 8.50. Sheep and lambs steady with genuine lambs 11.00 to 12.00. shorn lambs 10.50 to 11.00. wethers 7.50. ewes 6.50 to 7.00. goats 2.25 to 4.25.
Oklahoma City cattle receipts 1 300 with mixed declines and gains. calves and yearlings show softer prices while wintered grass steers top at 29.00. Hogs at land 600 receipts up for lightweight and steady others. sows 7 50 to 8 00. In China a 500 marine detachment lands near Tientsin to establish aviation HQ. St Joseph hogs 500 receipts active. cattle 2 200 steady to better. sheep 5 000 fat lambs down slightly. Atchison Topeka and Santa Fe declares 75 cent extra dividend and 1 75 quarterly, payable September 1 to holders of record July 22.
United Press reports Liberty bond closing prices for multiple issues in New York on June 2. Key figures include 1st 4s at 102.30, 2nd 4s at 100.90, 3rd 4s at 100.29, 4th 4s at 108.18, U S 45 at 108.60, and U S 3s at 105.60.
Markets at a Glance reports New York coffee futures opening lower by 2 to 7 points amid light offerings. December retreats to 11.50 as Rio crop export estimate grows by about half a million bags. July 12.47, September 11.85, January 11.45, March 11.96, May 11.20. Spot Rio 7s 1444, Santos 48 16% 91.
Cottonseed oil closed steady in New Orleans on June 28 with prices for prime summer yellow and prime crude at 8.00, latest futures for January to December ranging from 9.10 to 9.45 dollars.
Chicago producers report butter receipts 22 651 packages and poultry figures with varied prices across items. Denver shows silver at .56 and zinc at 6 225 while New York tin steady and cloth markets largely unchanged. Edinburgh runs a campaign against betting on the streets.
Jury drawn for G. B. Myers robbery with firearms case to be heard today after H. C. Adams was convicted of grand larceny in district court. A special venire was summoned for Handy and Griffin trials. State vs Mack White was dismissed. Myers faces charges tied to an Amarillo robbery and a claimed gang affiliation. Historic wedding wine and barrel consumption noted.
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