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Newspaper
Laredo Daily Times
Location
Laredo, Texas, United States of America
Date
Jun 27, 1927
Page
2
Wheat and corn advanced at the Chicago market on June 27 with bullish Australian orders boosting wheat. Corn rose after opening up and gained further, while oats and provisions held steady amid cautious out looks for yields in major states.
Chicago market report lists wheat numbers 4 red 189 percent and hard 147 percent, plus mixed 97 98 and yellow 99 101. It notes cats number 2 white 48 Wn 49 in the same June 27 dispatch from CHICAGO.
Fragmented OCR notes report scattered price figures for wheat in Kansas City and corn in Chicago with garbled terms and missing context. The item hints at market quotes, dates, and inconsistent numbers without a clear narrative or complete data.
Thousands of acres flood in Grouard region forcing many families from homes. Train service between Peace River and Edmonton halted at High Prairie for 48 hours due to rising waters in Prairie rivers.
The board of state charities plans to report to Governor Jackson that TD C. Stephen son, a life term prisoner at an Michigan city state prison, was not mistreated. The inquiry followed Stephenson being questioned at the prison about the Mudgethor holtger case in Indianapolis.
Fragmentary OCR notes show bid prices for cattle including bulk wintered cattle around 8.60 to 9.28 and grass fat cows near 4.76 to 5.26, with cutters at 4.00 to 4.50 and light weight calves about 8.60 to 9.60. Also mentions sows and shippers with various figures and totals about 2,100 receipts.
New York report notes continued advance in stock prices amid strong professional support for speculative favorites. Analysts warn some stocks are vulnerable to a sharp drop if confidence wanes, citing gains in railroad and industrial shares and a Coolidge-era rally as context for current market dynamics.
The model home of A B Galo on Chihuahua streets and Stone Avenue is under construction costing 5500 with foundation completed. Built of hollow cement blocks finished in stucco with imitation stone embellishments, the Italianate residence should be ready for occupancy early in September.
Cattle 4000 head including 1800 calves steady with beef at Six to Eleven price range Cow prices listed fat cows 625 to 665 per hundred Yearlings 00 to 25 calves 550 to 1025 Hogs 900 steady mediums 8.75 8.80 sows 7.79 8.00 pigs 7.00 8.00 Sheep 700 lambs 12.50 13.00 short lambs 10.50 11.00 weathers 7.50 ewes 6.50 9.70 souts 2.26 4.26
Financial news from New York shows mixed early moves as Colorado Fuel, Western Maryland and Baldwin rise about a point or more. Railroads linked to merger plans and diverse industries lift the list while several securities hit new highs and some rail and utility issues edge up in early trading. Foreign exchange opens irregular with a Sunday jump in Spanish Pesetas and sterling around 4.85, French francs near 3.912.
In New York on June 27 bar silver traded at 56 percent and Mexican dollars at 43 percent.
United States bonds round up with Liberty Sigs at 1012, first 4458 103, second 44s 20008, third 4%s8 100.80, fourth digs 03.22, treasury 3% 48 Wh. Lh. As 108.183 41435 119.20.
The New York market on June 2 shows British demand at 4.856-16 with cables 0.8509 1/16, sixty day bills on banks 4.8145. France demand 3.919-16, cables 3.901 11/16, July demand 5.6846. Germany 28.69, Montreal at 99.8 16-16.
Telegraph style summary notes a morning decline then a rally in New Orleans with October futures near 16.84 and 16.87, exports at 8,006 bales, and a late quiet session. New York shows a quiet day with July tenders awaited and October around 16.82, close steady amid mixed weather and boll weevil fears.
Chicago cotton prices reported on June 27 show July at 16 44, October 10 82 83, and December 17 06.
Spot cotton closed quiet and unchanged with sales 386. Low midling 14.49 cents, middling 16.49, good middling 17.44. Receipts 1,604. stock 336,044. New Orleans market data for June 2.
Liverpool notes cotton spot demand easing with prices lower across varieties. American imports show limited activity while arrivals total 1,000 bales. sales reach 8,000 bales, including mixed quality lots.
The Bureau of Business Research at the University of Texas notes moderate activity in Texas and the Southwest for May. Weather and drought affected grains and cotton, but rains improved prospects. beef prices held, hogs and sheep slipped, dairy products rose, wool and mohair strengthened, while poultry fell. Wholesale and retail trade stayed active with department stores up 1.3 percent over last May. credit remained easy and deposits steady.
East St Louis market notes cattle receipts at 65 000 calves 2500 with steady prices cows 6 to 7 dollars per hundredweight best heavy steers 14 10 stockers and feeders slow mostly 7 60 to 8 50 sheep receipts 4 500 fat lambs 14 to 14 25 fat ewes 4 60 to 5 50 hogs 13 000 receipts steady top 9 40 pigs 8 50 to 8 75 packing sows 10 16 lower cattle other listings show 19 000 receipts best heavy steers 14 10 natives above 14 25 Idahos above 14 26
Chicago June 27 cattle receipts reach 64 000 with steady to strong tone. Packing sows are dominant in the mix as price ranges 7.36 to 7.86 appear in the report.
May building permits in Texas totaled 10.63 million dollars up from 10.447 million in April per 25 cities surveyed by the University of Texas Bureau of Business Research. The gain signals modest progress in the building industry with fewer expected declines.
Cattle receipts 10 000 calves 2 4900 slow, choice heavy steers 18 9 55, best yearlings 12.00 11.00, hogs 7 000 steady top 8.05, sows 7 25 7 50, sheep receipts 6 000 steady to 25 lower top 19 0 native lambs 19 00, yearlings 9 76 10 26, Oklahoma grass arrivals dull, overall market down slightly versus last week. Brownwood, charged with murder at Crogsout March 22, found guilty of manslaughter, five years in prison.
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