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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 17, 1909
Page
6
The New York Mercantile Exchange will discontinue official quotations for dairy products including butter cheese and eggs after a members committee vote today. Prices currently ruling in dairy markets will continue to prevail without exchange fixed quotes.
Wilton Iowa residents report a flurry of weekend travel. Dr. and Mrs. F S Abbott and children came back from West Liberty Saturday after work duties. Tom Dilley and Gail Crispin returned home from Walcott and West Liberty respectively. Phoebe Miller left for Marion for a visit. F C Ast and Jesse Silberhorn visited mother Nettie Silberhorn in Davenport. Charles Rogers and his son John visited Davenport on Sunday. C H Jacobsen attended a K P convention in Sioux City and returned home Sunday.
Money from ten to five hundred dollars available with easy terms. Security required is ownership of furniture piano or other personal property. Quick private service. Office over the old Post Office Muscatine Iowa.
Chicago quotations show wheat trading near 99 to 100 and corn around 66 with mixed daily ranges. Pork and lard futures advance while hogs end strong. car receipts list totals for today and forecasts for tomorrow across wheat corn and oats.
Wheat Sept opened 99 99 ec highest 1.00 lowest 99 closed 99 December 965 96c Corn Sept opened 65 tec highest 65 c lowest 654c closed 65 c December 55 c Oats Sept opened 38 c highest 385c lowest 38 c closed 38 c December 377% 38c Pork Sept 21.50 Lard 11.70 Ribs 11.40 Rye cash 67144 70c Barley 48 64c Timothy Sept 3.70 Clover cash 11.70
Cash grain prices list No 2 red wheat at 1.04 to 1.05 per bushel No 3 red 0.95 to 1.03 No 2 hard 1.04 to 1.05 No 3 hard 0.95 to 1.04 Corn No 2 0.68 to 0.70 No 2 white 0.71 0.714 0.71c No 2 yellow 0.70 to 0.71 No 3 0.68 to 0.70 No 3 white 0.70 to 0.71 No 3 yellow 0.70 to 0.71 Oats No 3 white 0.38 to 0.39 Standards 0.39.
Chicago August 17 cattle receipts total 4000 with strong bids across categories. Beeves range 4.40 to 7.50 with Texas and Western similar. Hogs receipts 8000 strong with various weight classes from 7.55 to 8.05. Sheep receipts 25000 weak with lambs 4.25 to 7.75 and cows and calves noted.
Chicago on August 17 reports butter prices firm with creameries at 23 to 26 and dairies at 20 to 23 cents. Eggs steady with 9,200 receipts. at the market marked cases 18 cents, firsts 20 cents, prime firsts 21 cents.
Poultry prices hold steady in Chicago with turkeys at 15 cents a pound, chickens 14 to 14 and a half, and springs 16 cents as of August 17.
New York, Aug 17 poultry alive steady with chickens 16 to 19 cents a pound fowls 16 to 16 1 2 cents turkeys 14 cents dressed dull but steady broilers 14 to 20 cents fowls 15 1 2 to 17 cents Medium weekly market note with price ranges and terms.
Wheat for September trades at 1.08 dollars and a half, while corn stands at 73 cents per bushel. Market reports show modest movement in futures with limited demand and supply adjustments shaping pricing.
New York market report shows receipts total 19 600 pounds for butter as creamery items move from third to first grade. Creamery prices listed at 23 26 with eggs steady and unchanged. receipts 21 100.
Saint Louis grain prices show wheat at 99 and scant 99 c, corn at 65 cents, oats at 37 cents as of August 17 in St. Louis Missouri.
Peoria Illinois corn market updates No. 2 yellow trading at 69 69.1/4 cents per bushel with closing conditions noted for the day.
Market listings show corn at 80 81 cents and oats at 60 65 cents. Cracked corn retail 1.70 per cwt and pop corn on ear 1.15 to 1.75 per ewt. Barley 70 80 cents per bushel. hay loose 10 to 11.09 per ton, baled 12.60, feed hay 12.50. Livestock prices include steers 5.00 5.50, cows 3.00 3.50, veal calves 4.00 4.50, sheep 4.00 5.00, lambs 5.90 6.00. Produce line lists butter 17 cents, eggs 19 cents, hens 10 cents, turkeys 9 11 cents, lard 12 ½ cents, beef cuts from 5 to 25 cents per pound, ham slices 20 25 cents.
Chicago price action showed a strong start for wheat with September and May futures fluctuating after an opening surge. Corn led by sharp demand as heat and drought from Nebraska and the southwest fed buying, while oats and oats receipts were listed with firmer sample markets and higher futures.
In Chicago on August 17 buyers showed strong demand as prices rose for desirable lots. Auctioneers reported robust competition among collectors and dealers, with several consignors realizing premium bids on high quality pieces.
The cattle market shows higher prices for top steers with gains around 10 cents from last week. Values above 6.75 hold firm, while mid grades stay steady to firm, and lighter, short fed types see weak demand with many trades near 5.25 to 5.85. Packers drive most activity as outside buyers thin, and the market remains sticky for later grades.
Hogs faced better demand and a market lift with prices about 50 cents higher than Saturday. Top values reached around 8.00 for best lots, while most lots traded mixed packing at 7.25 to 7.60 and bulk around 7.55 to 7.60. About 3,000 hogs remained in pens, few in first hands.
Range sheep and yearlings sold at steady prices yesterday as two Montana strings of wethers and Idaho lambs plus natives offered. Total receipts reached about 29 000 head, up nearly 9 000 from last week and higher than 27 381 a year ago, with strong demand from country buyers and many orders carried over for lack of desirable stock.
Lamb market ends the day with declines across grades as best rang ers drop 25 cents and native lambs fall 40 cents from last week's close. Buyers focus on range lambs early. natives and westerns see limited bids and most packers buy feeders at firm prices amid tight supplies.
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