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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 18, 1909
Page
6
Chicago August 18 Wheat futures rose nearly three cents after a Minneapolis report claimed North Dakota wheat suffered about 25 million bushels of damage from extreme heat. The market spiked on the news as traders reassessed supply prospects.
Money to loan from 10 to 500 with low rates and easy terms. Security required is ownership of furniture piano or other personal property. Funds supplied quickly and privately. Office over the old Post Office Muscatine Iowa.
Daily quotations from H. J. Frenzel list open high low and close for wheat corn oats pork lard ribs and hogs with Sep Dec May contracts and day’s car receipts. Wheat and oats show varied gains while hogs rise ten cents and other grains move narrowly.
New York on August 18 reports alive poultry steady with chickens 16 19 cents, fowls 16 16 1/2 cents, and turkeys 14 cents. Dressed broilers 14 20 cents, dressed fowls 15 17 cents.
New York quotes show wheat for September at 1.19 and corn at 74.5 cents per bushel. The brief report records today's prices for futures contracts with no additional context.
St Louis grain prices from August 18 show Wheat for September at 1.01 dollars per bushel Corn at 66 cents Oats at 38 cents per bushel. Local market notes indicate steady demand for grain futures in St Louis Missouri.
Peoria Illinois corn market shows No 2 yellow at 70 and a half cents per bushel as of August 18.
Corn and barley prices range around 70 to 85 cents a bushel and 70 to 80 cents for barley. Livestock and produce markets list various prices for hogs, steers, cows, veal, lambs, butter eggs and poultry. Local market notes from Muscatine Produce Co detail fresh goods and wholesale rates.
Chicago August reports show wheat contracts opening around 1.00 to 1.02 with highs near 1.025 and lows around 0.99. December at 98 to 98.5 cents. Corn futures opened 65 to 66 cents, with a 66 cent high and 65 cent low. Oats fluctuated from 38.5 to 39.5 cents, with December around 38 cents. Cash rye at 67 to 70 cents. Park pork futures at 21.75, lard 11.85, ribs 11.52. Barley 48 to 65 cents. Timothy 3.60 to 3.70, Clover 11.79.
Chicago August 18 grain prices list No 2 red No 3 red No 2 hard No 3 hard No 2 No 2 white No 2 yellow No 3 No 3 white No 3 yellow No 3 white Standard with varying cents and percentages. The values reflect bid quotes for multiple corn and grain grades.
Cattle receipts 17 000 strong with Texan and Western categories reported at 4.00 to 6.30 in rough ranges. Hog receipts 16 000 up 5c with light to heavy classes quoted from 7.10 to 8.10. Sheep receipts 22 000 weak 10c lower. Lambs range 4.25 to 7.60.
Market notes show butter and creameries at 23 26 cents per pound, dairies at 20 23 cents, with steady tone. Receipts total 6,900. at the market, cases quoted 18 cents for equivalents, firsts at 20 cents, prime firsts at 21 cents.
Chicago August 18 reports poultry steady with turkeys at 15 cents, chickens 14 14 1 2 cents, and springs at 17 cents.
New York August 18 butter market firm with receipts 8300. Creamery specials 27 to 28 cents. officials process 27 cents. creamery extras 27 cents. Creamery third to firsts 26 4 cents. process 22 to 25 cents. Irregular eyes receipts 13906.
A directory style list shows prices for Bullhead catfish Sturgeon Perch Buffalo and Black bass noted with price per pound. Also listed are croppies grapes and other fruits with varying price marks.
Chicago market notes show firmer but not higher prices with strong demand for feeders destined for Ohio and Pennsylvania. Feeder stock sold around 175 to 210 dollars, with select blocks up to 230, while heavy drafters brought 250 to 300 to eastern buyers. Trade remained generally healthier than last week with export carriage horses bids at 225 to 300.
Trade was active all day yesterday with some early sales to shippers and speculators 5c higher. Overall market remained largely unchanged from the start and sales to packers appeared 5c lower than Monday due to poorer quality. Finish was weak with some grain left in first hands.
Range sheep sold steady to firm as packers bought in a 23,000 head day. Natives released by receivers ended any rally hopes, while yearlings slipped slightly from opening highs. Trade held a healthier tone with country buyers seeking feeders and firm desirables, receipts about 23,000, near last week’s totals and above two years ago.
Supplies on hand exceeded expectations as liberal arrivals opened the day. Buyers pushed to lower ranges with asking prices cut about 15 cents for best rangers and 20 cents for less desirable stock. Natives and lambs dropped 20 to 25 cents, while feeding lambs faced a 10 to 15 cent dip. Overall, trade remained active with supplies cleaned up by close.
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