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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Oct 29, 1925
Page
11
Cattle receipts noted at Kansas City Wichita and Chicago markets. Prices show varied ranges with top hogs around 10.50 to 11.10 and cattle steady to higher. calves, stockers, and fat cattle represented with multiple price points. Chicago reports hogs lower with large issuers and lambs firm.
Oklahoma City cattle receipts reached 1,600 with steady prices from $4.75 to $5.50 for cows and $3.75 to $4.50 for medium butchers. Hog receipts totaled 600 with lower prices, top at $10.85 and bulk range $10.50 to $11.80, marking the year’s largest local price drop.
East St Louis stockyards show hog receipts 16 500 with prices from 11.40 to 11.85 for various grades and pigs up to 11.75. packer sows 9.75 to 10.00. Cattle receipts 4 500 steady with native and western steers around 6.75, heifers 6.60 to 8.00, cows 4.00 to 5.25, canners 3.00 to 3.75, bulls 4.25 to 4.75, light dealers 12.75 to 13.00. Sheep receipts 1 500 with no early sales.
Fort Worth livestock receipts include 6,600 cattle with calves and heifers, 900 hogs, and 2,000 sheep. Cattle prices range from 2.50 to 8.00 for various categories, hogs top at 12.00 with bulk trade 11.65 to 12.00, and lambs bring 12.00 to 13.00 with other sheep and feeder values noted.
A broad scan of market listings shows American Can, Am Car and Fdy, Anaconda, Bethlehem Steel, California Petrol, Canadian Pacific, Central Copper and many others fluctuating as buyers weighed profits and futures. The list includes rail, steel, and utility stocks with varied daily changes and notable activity in Sugar and Cotton Goods sectors.
The cotton market rose on forecasts of southwest freezes but later slipped as offerings increased. March peaked near 20.00 and settled around 19.74, with December and January trading down late. Private frost damage reports and easier Texas spot basis contributed to the decline, while December stayed barely above January. Exports reached 2,131,095 for the season and port stocks stood at 1.
The cotton market opened higher on freezing weather in the northwest but soon eased as traders reassessed damage. December futures led gains early before sliding back. overall day ended with net losses of about six points. Export total reached 10,841 bales amid liquidation and hedge selling.
Foreign exchanges irregular with Britain at 4.847-16 and cables 4.844. Sixty day bills on banks 4.81. France demand 4.163 and cables 4.17. Hungary demand 3.95, Belgium 4.54, Germany 2g.10, Tokyo 41% and Montreal 1.005-52. Readout reflects another day of fluctuating currency values.
In Chicago on October 28 swift selling to lock in profits reversed an earlier spike in wheat prices. Dec futures fell from 1.402 to 1.49 while May eased to 1.46 1/2. Corn and oats moved little to modestly lower as wheat dominated grain trends. Provisions mirrored grains. bonds quoted in New York showed mixed Treasury and liberty prices.
New York market report shows coffee futures easing slightly with declines of 7 to VW units. Total sales estimated at 68,000. December at 18.49, January 17.68, March 17.53, May 17.12, July 16.55, September 16.16. Spot coffee steady with Riots 192 to 194 and Santo s 234 to 24. Freight offers listed for Bourbon at 22.85.
Geneva reports the arrival of the world's richest resident, the Maharajah of Patiala, as he joins Indian delegates at the League of Nations. He mingled at hotel receptions, danced with attendants, and spent about $10,000 on watches and binoculars. His wife and two ladies-in-waiting remained in isolation, attending only private drives.
Potatoes show firm gains with Wisconsin and Minnesota round whites quoted at 3.00 to 3.15, Wisconsin and Michigan bulk round whites at 2.90 to 5.00, and Idaho sacked russets at 3.60 to 3.70 in Chicago market notes.
London news reports that the United Kingdom will curb roadside advertising with an amending act to the advertisements regulation act. The act, given royal assent at session end, closes a loophole and makes convictions or fines the daily orders for disfiguring the countryside with offensive advertisements.
Seattle reports the Bay City whale station of the American Pacific Whaling Company is being dismantled due to shortage of whales in Grays Harbor tributaries. Only 21 whales have been logged since last April, far from prior seasons when catches ranged 200 to 300. Changing ocean currents alter feeding zones along the north and south Pacific coast.
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