Hog Markets Steady as Slaughter Totals Rise at Union Stockyards
At Union Stockyards Indianapolis on January 11 cattle receipts reached 14 and hogs 4 thousand with small shipments. Cattle gains over last week and year show stronger demand. export and feeding stock prices firm with steers near 6 to 7 dollars and calves around 7.25. Hog market was irregular with ample supply. early steady tone slipped to lower near week end though some lots held near last week’s close.
MENTIONED IN THIS ARTICLE
Union Stockyards
Indianapolis
Oms
R.wat
Market Drifts as January Outlook Fails to Rally Stocks
New York reports small net stock changes as traders take profits and await bank statements. Although cash reserves rose, gains were limited and professionals dominated activity. Weakness spreads to railroad and steel plays while bullish bets fade amid eased money markets and suspect foreign demand for gold.
Receipts and prices for cattle sheep and hogs across markets
Receipts and prices from Indianapolis Kansas City Chicago New York Louisville East Buffalo and other centers show mixed cattle and hog demand. Lambs and yearlings sold well with highs around 5.65 for lambs and 4.50 for yearlings, while cattle varied by grade with steers up to about 6.50 and cows near 4.50. Hogs remained strong in most reports with top quotes near 6.50 and average loads around 5.90 to 6.40. Overall, demand remained solid from shippers and local buyers, with receipts fluctuating week to week but prices broadly steady to firm.
MENTIONED IN THIS ARTICLE
Interstate Stockyards
Indianapolis
Wahinedenke
Kansas City
Texas
Chicago
New York
Canada
Louisville
Pal
Ara
East Buffalo
South Omaha
Jan
Mic
T.beas
Ang Mehta
Treasury balance report shows available cash and gold reserve
Washington Saturday's treasury balance in the general fund excluding the 150 million gold reserve lists available cash at 170,189,204 dollars and gold reserve at 108,879,319 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Weekly Bank Statement Shows Mixed Bank Movements
New York January 11 report on weekly bank statement shows loans down 5.31 million while deposits and circulation rise. Banks hold 12.96 million above reserve requirements with net gains from interior money inflows. Discrepancies between estimated and official gains prompt questions about cash tracing and unsettled movements.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Europe
London Rises on Shorts Covering Before Settlement
New York reports higher London prices on covering of shorts ahead of Monday's settlement and strong buying in anticipation of a good bank statement. Amalgamated Copper pool tried to push the stock but found limited success while Atchison recovered earlier losses and gained in large blocks before the close. Bank statement appeared notably good but below some forecasts, prompting profit taking and selling near session end with no major overall change. Demand for investment bonds since January 1 was cooler than usual, as investors favored preferred railroad stocks and leading industrials.
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Treasury
Asphalt Trust
United States Supreme Court
Northern Securities Company
Interstate Commerce Commission
United States Steel
Sugar
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United States
Broad Street
Financial Chronicle
New Jersey
U. P
Atchison
Ohio
Euclidavenue Trust Company
Granger Farwell & Co
Amalgamated Copper
Called by a Stranger The Only Bond Through Letters
A cryptic note describes a stranger's call and a bond formed through newspaper letters and a literary bulletin. It hints at a conversation with a woman and a poetic verse, suggesting a distant acquaintance sparked by reading and writing.
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