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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 17, 1927
Page
8
Chicago January 17 AP Wheat eased in late trading as North American demand stalled and the United States visible supply rose by 1,567,000 bushels. Forecasters warned of another cold wave while prices closed unsettled, with corn and oats slipping and provisions rising about a quarter to half a dollar.
Chicago Livestock data shows hogs at 46,000 head with higher bids from big packers, price ranges 12.08 to 12.25 for various weights, sow and slaughter pig ranges noted. Cattle volume 28,000 with steady to higher steer quotes around 12.00 for heavies, vealers 11.00–12.00, and bulls easing. Sheep at 18,000 with active demand, lambs around 12.75 to 13.25 and ewes 6.00–7.50, clipping and feeding weights cited.
Kansas City livestock and grain prices for cattle hogs and grain futures dated January 17 show mixed movements. Cattle receipts 17 500 calves 500 with steers and heifers easing while stockers stay steady, hogs 11 000 mostly 9 to 15 cents higher with top at 12.00, sheep 7 000 higher with fed lambs around 12 65, wheat corn oats rye barley and maize quotes listed with no notable changes.
AP market summary shows grain and hog futures with May wheat at 1.32 and July 1.23 percent, May corn at 5, July 82, plus Chicago close figures for wheat May 1.3933, July 1.30, Sept. 1.2734, corn May 1.5, July 4.38, Sept. 6.7, oats May 48, July 47, rye May 1.0232, July 98, Sept. 96.44, lard Jan 12.57, May 12.75, ribs Jan 15.25, May 16.25, bellies Jan 18.00, May 16.66.
Kansas City oat hay market reports a 50 cent drop with varied bids across grades and bale counts. Prices show lower quotes for standard, No 2 and No 1, with quality tiers ranging from 12 to 23 dollars per hundredweight depending on grade and source.
Department of Agriculture price listings show U S No 1 alfalfa ranged at 20.00 now 17.00 with quality notes leafy designation 23.00 47.00 for other lots and No 1 timothy around 18.50 with November figures 17.00. U S 1 No 1 upland Breille advertised at 15.00 now 14.50.
Chicago market notes January 17 AP reports potato receipts at 113 cars on track 202 total U.S. shipments 644 Saturday 12 cars Sunday. Demand and trading slow, market steady, with few bids and limited movement observed.
Local markets list grain prices for corn wheat oats and several poultry items. Corn 70 cents per hundred, wheat 1.20, oats 50. Hens 22, light hens 16, leghorn and black broilers 15, springs 20. Ducks 12 to 16, geese 10 to 13. Hog price 50 to 11.25. No. 136. No. rs 30.
New York January 17 AP Liberty bonds closed with modest changes across issues. First 4 percents at 103.11, 2nd 4 percents at 100.24, 3rd 4 1/4 at 101.13, 4 1/2s at 103.25, U S 3s at 103.23, U S 4s at 106.27, U S 4 1/2s at 110.23.
The Day in Wall Street reports today's market mixed as railroad shares rise while industrial stocks decline. Rates show cautious trading with attendees noting variable investor sentiment amid broader economic signals.
Trading closed irregular as rails led losses and cement and tank oil prices fell. Energy and industrials saw mixed moves with Reading rising while several: Allied Chemical and Baldwin options slipped. Kansas lawmakers resumed sessions after a brief recess, with Topeka awaiting further action.
A court found guilt following a raid that uncovered a cache of wine jars and empty flasks at a local site. Officials reported the seizure led to charges against the defendant for possession and distribution.
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