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Newspaper
Amarillo Globe
Location
Amarillo, Texas, United States of America
Date
Jan 06, 1926
Page
2
Fort Worth market report shows cattle 4800 head with calves and yearlings trading from 4.50 to 12. Hogs 200 head higher with top at 12.15 and sows 10.59 to 11.25. Sheep higher with lambs 14 to 15.50 and feeds 10 to 14. Wheat basil No 1 hard at 1.75 per bushel Milo maize 1.19 per 100 lbs kafir 1.08.
Odd mix of poultry listings and prices for Leghorn hens and turkeys with references to roosters, geese, and stock items. Prices shown for various items include fractions and cents, reflecting a busy but unclear poultry market page from the Associated Press report. Cotton futures also noted opening steady with modest fluctuations.
Kansas City livestock auction totals show cattle 7,000 with steady ranges for fed steers yearlings and cows, top veals at 11, hogs 9,000 higher with bulk at 11.60 to 11.90 and sows 10.25 to 10.75, stock pigs 11.50 to 12.10, and sheep 4,000 active with fed lambs 15.10 to 15.40 and top ewes 8.75.
East St. Louis on Jan. 6 reports hogs steady with bulk at 12.30 to 12.35, packer sows 9.85 to 10. Light and heavy cattle activity slow with beef steers 5 to 10.65, light yearlings and heifers up to 11, cows 5 to 6.25, canners 3.50 to 3.75, bulls 6. Sheep steady with native lambs 15.25 to 15.50 and best mutton ewes 8.25 to 5.50.
Chicago livestock prices rise with hogs about 20,000 higher across grades. Packing sows 9.50 to 9.85, killing pigs 12.40 to 13, heavy hogs 11.25 to 11.80, medium 11.60 to 12.10, and light 11.40 to 12.50. Cattle at 12,000 head, slow demand with fat steers 8.90 to 10.50, yearlings up to 11.50. Bulls 6. Vealers 13.50 to 14. Sheep 14,000 and higher with fat lambs 15.75 to 16.25, fat ewes 8.50 to 9.
Kansas City cash grain report lists wheat No 2 hard 1.78 to 1.86 with No 2 red 1.85 to 1.87. Corn No 3 white 75 44 to 78 with No 2 yellow 78 to 79. Oats No 2 white 43.5 to 44, No 3 white 43 to 43.4.
Associated Press dispatch from Oklahoma City notes cattle sale results with 1,700 head. Best steers brought 8.25 to 8.60, heifers 7.50 to 8.00, canners and cutters 3.00 to 3.75, dealers 9.00 to 10.00. Hogs totaled 1,900 with prices rising to around 11.90 for bulk purchases.
Wichita cattle 700 steady with fat steers 8.40 to 8.75 fat heifers 6 to 7.50 fat cows 4.50 to 6 heavy calves 6 to 8 hogs 2000 higher heavies 11.90 to 12 packing sows 9.50 to 9.75 sheep 100 higher lambs 14.25 U S bonds New York United States bonds Liberty 13125 99.24 second 4s 100 first 4 5 101.25 second 4s 100.21 third 4s 100.24 fourth 4 %% 101.31 treasury 45 102.29 treasury 4% s 106.13.
Call money easier with rates at 4 percent, closing bid and offered 4 percent. Time loans show 145 to 90 days at 4 percent, four to six months 4 percent to 4 percent. Prime mercantile paper quoted at 4 percent.
In New York on January 6, foreign exchange remained steady with Great Britain at 4.84 11-16 on demand and 4.85 1-16 on cables, sixty days bills on banks 4.807-16, France 3.83, cables 3.83 1/2, Italy 4.023, Belgium 4.53, Germany 23.80, Tokyo 43.42, and Montreal 99 7/8 percent.
Poultry alive firm with fowls 21 to 21c per pound springs 11c turkeys 30c roosters 18c ducks 25c to 30c and geese 1c per pound in Chicago market report dated January 6.
Butter prices ease at Chicago markets with creamery extras at 43 cents and standards at 42 1 2 cents. Extra first ranges 42 to 42 1 2 cents, firsts 41 to 41 4 cents, seconds 40 1 2 to 42 cents. Eggs unchanged.
Wheat prices opened weaker despite Liverpool strength and favorable Argentina weather. May futures fell to about 1.78 to 1.79 before a rally and retreat to 1.77 for May. July slid to 1.53. Corn firmed after a lower to higher start, May near 86 to 87. Oats drifted lower and provisions followed corn and hogs upward.
New Orleans cotton prices opened steady with no initial change. Early trades showed March at 19.15 and May at 18.73 as prices dipped before rallying toward the open due to stronger spot demand and anticipated freight space for January and February shipments from Galveston.
New York stocks opened amid selling pressure on motors and high priced shares led by Mack Trucks Chrysler American Can General Electric White Motors and Baldwin. Copper and southwestern railroad shares rose while Wabash Norfolk and Western gained on merger talk and favorable traffic reports.
Hereford hosts a large chamber of commerce banquet reviewing 1925 achievements and outlining 1926 plans. Speakers praised diversified farming, irrigation progress, and local initiatives led by F E B Black and G A F Parker, with remarks from regional agents and officials. The event at Hereford Methodist church drew about 200 attendees and featured musical performances by Mrs. Paul E Foster and colleagues.
Sherman area banks show deposits increasing by about $500000 over the November 28 call. Three local banks total deposits exceed $6 million, with total resources around $6,416,853.46.
A brisk session in New York stocks ended with mixed results as several rails and utilities posted gains while others slipped. Key performers included Am. Locomotive at 118 percent and General Electric at 326 percent, with notable losses shown by Texas & Pacific and Am. Sugar amid varied trading activity.
There is no striking feature in today’s market yet confidence improves in cash prices. Flour trade shows some gain in the south and southwest as milling demand may widen. Coarse grains display tempered sentiment with doubt on lasting strength until cash demand is reflected. The note ends with T. and M.
New York Jan 6 Cotton markets opened slightly higher on local selling then steadied as domestic and foreign buying emerged. Early sellers covered May at 19.50. Trade volume was light. exports reached 31,000 while the market held steady with potential for higher. American Cotton Association urged a 25 percent reduction in averages.
Dr Dayton C Miller earns a $1,000 prize from the American Association for the Advancement of Science for an essay on the Michelson-Morley ether drift experiment. His Mount Wilson work, scientists say, could prompt Einstein to revise relativity. The piece critiques ether concept and notes shared doubt among top scientists. England’s rubber monopoly anger persists as calls arise to grow rubber trees or find substitutes.
Chicago Jan 6 Manufacturers advance plans for a standard radio parts code after surveys show public demand. Thirteen sub committees shape a coordinated code to ensure parts from smith to jones fit across devices.
Proceedings list many rehearings and dispositions across multiple cases from various counties and firms. Entries include Overruled motions for numerous parties, affirmed and reversed decisions, dismissals, and submissions set for January 27, with notes on case origins from Foard, Lyon, Hutchinson, Baylor, and other districts. J. W. Burks joins Moore Lumber Company.
Secretary Hoover told the House commerce committee that foreign price controls on crude rubber threaten world progress and international good will. He warned that governments’ official trade controls fix prices, intrude on supply and demand, and create dangers for consumers in many nations. Rep. McKeown proposed a retaliatory cotton pricing plan to regulate shipments to seaports via an interstate commission.
Lockney plans inviting representatives from Carey and towns along the proposed Fort Worth and Denver route to meet in Lockney. The Lubbock and Lockney chambers of commerce want a united push to rush the permit process. Officials may invite Fort Worth and Denver railroad representatives to attend.
Paris reports a Danish writer claims Crown Prince Carol renounced his Romanian throne rights due to political conflict with the Bratianu government. The author suggests Carol opposed Bratianu influence, sought to represent a new Romania, and believed his stance could split the liberal cabinet, forcing renunciation.
An early morning quake along the Rhine woke residents and sent people rushing to open spaces. The tremor was felt across western Germany including Cologne and Hamburg with no damage reported.
Stamford reports a planned hog import campaign by Fort Worth Stockyards and the West Texas chamber of commerce. Two hundred thousand brood sows will be sourced from Sioux City and other hog centers to address a 300000 head West Texas hog shortage. Sows will be shipped in carload lots and sold only to bona fide farmers for hog production with dipping and immunization.
Thomas V. Elizey of Birmingham spoke before a large audience of fathers and sons at the Episcopal church urging a single standard for boys and girls. He warned that fathers’ sins may visit their sons and cited Amarillo’s oil wealth as a prompt to invest in the Plains and in youth.
Manila January 6 The Philippine chamber of commerce authorizes a $250 reward to any Filipino retail merchant who can double an original capital of 22,500 within five years. Preference given to those thriving against foreign Chinese and Japanese competition in districts where retail business is dominated by non Filipinos.
San Francisco dispatch recalls Adolph Gustave Russ who in 1848 sought a land grant from Spain and acquired much of today’s financial district. His Montgomery street lots have been leased for 9 years by a corporation to host a 30 story eight acre office complex with a mezzanine garage, tallest in California and largest on the Pacific coast.
Mrs L N Stuckey left for Decatur Texas to visit her mother for a week. Mrs J M Crain and children returned from Decatur after visiting Crain's mother over the holidays. Mrs Simon Gene Porter in 400 Fillmore ill but improving. St Pauls Methodist church members painted and decorated the new Sunday school rooms with refreshments served. Rev J W Hendrix notes church improvements easing work. Mrs G E Bever at 1600 Hughes Street recovering after major operation at St Anthony's. Mrs Stevenson, wife of Dr W B Stevenson, home from St Anthony's. Uncle Mike Gallagher, run over two months ago, is improving at St Anthony's.
Clara E Ball Moore 25 died Wednesday morning at 6 in a local hospital. She is survived by husband B F Moore, parents Mr and Mrs S M Ball of Amarillo, four sisters and two brothers, and other relatives. She was a Methodist and the funeral is expected Friday at Buchanan Street Methodist church. Her body is held at Griggs Undertaking.
The Southern Pacific asked the Interstate Commerce Commission to approve paying 900000 in cash for Dayton Goose Creek railway stock in Texas and leasing it to Texas and New Orleans. Dayton earns 45000 yearly, while ICC valued the line at 575000. A. R. S. Sterling owns the Dayton stock and agreed to delivery on November 25.
Charles E. Welch of Westfield New York famed for grape beverage production died at his winter home in St. Petersburg Florida after a short illness. He was a 1916 prohibition party gubernatorial candidate and a delegate to the 1921 ecumenical Methodist church conference in London.
New York January 6 A London style pea soup fog blankets the Central and North Atlantic seacoast from Charleston South Carolina to Boston paralyzing shipping for thirty six hours. Street and rail traffic in New York and Boston has been seriously impeded as meteorologists explain a warm air envelope over a cold surface causes the dense fog.
Special to The Dalhart Dalhart Texas Dec 6 The commissioners court canvassed the Conlon school district bond election held last week for a new brick school building The $15 000 bond carried with no dissenting vote Conton is twenty miles northeast of Dalhart
New York Jan 6 Anthracite operators and miners resumed their conference to break the wage agreement deadlock. Neither side offered new proposals as the meeting began and prospects for progress were not bright. Both sides remained determined to avoid a break in negotiations, with neither taking the initiative to end discussions.
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