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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Dec 26, 1911
Page
7
Weather conditions lower winter wheat prices as moisture and protection reduce risk. Heavy world shipments and Argentine harvest prospects influence markets with May prices fluctuating yet closing weak. Corn and hogs follow wheat down with minor gains in pork and lard on late demand.
Chicago December 26 report lists wheat prices across No. 2 red to No. 4 spring with values from 0.85 to 1.10, and corn prices with No. 2 at around 0.60 to 0.70. Barley and Timothy hay figures appear, with notes on prices for clover and other forage crops.
Daily movement of produce reports 22 cars of wheat with contract grade, 177 cars of corn with contract grade, and 123 cars of cuts. Total receipts of wheat at Chicago Minneapolis and Duluth today were 681 cars, compared with 889 cars last week and 674 cars the corresponding day a year ago.
Kansas City grain market notes a mixed session with cash wheat steady and No 2 hard, mixed and white classes quoted. Prices show slight changes, with futures for May and July grains noted and various bids and bidside figures including a cash price around $1.08 for No 2 bard and other bar, white, and mixed category quotes. In Manaus City Missouri figures, wheat, barley and rye markets reported unchanged to firm, while observations indicate overall subdued activity and price signals across grain types.
Chicago December 6 reports show cattle receipts about 15,000 with steady to higher prices. Cattle ranges include Texas steers near 4.20 to 6.60, western stockers 4.20 to 6.60, cows and heifers 2.00 to 6.50, calves 4.75 to 7.25. hogs receipts about 21,000 with slow market, light 5.75 to 6.20, mixed 5.00 to 6.35, heavy 5.95 to 6.20, good to choice pens 6.10 to 6.40. sheep receipts 35,000 with steady market, natives 2.60 to 4.20, western 2.75 to 4.25, yearlings 4.50 to 5.50.
Market notes from St Louis and Omaha show higher grain receipts with mixed cattle and sheep prices. Cash grain prices list wheat soybeans oats and corn with regional bids and adjustments. railroad and livestock receipts include cattle, steers, heifers, feeders, and lambs with corresponding prices.
Grain market notes from Peoria Alabama list varied corn and white and yellow grain prices with quality grades and samples. Mentions No 3 white No 4 white No 2 yellow No 4 all Gozo and mixed samples with percent standards and assorted figures.
Minneapolis grain and product prices show wheat futures at Dec 26 with Dec at 1.02 a bushel, May 1.05, July 1.00, and cash bids for No 1 hard 1.05, No 1 northern 1.04, No 3 northern 1.02, No 3 wheat 1.00. Creamery butter largely steady around 30 cents with various grades and packing stock notes.
New York sugar markets show quiet trading with 89 and 90 tests calling around 4.01 to 4.71 dollars for Muscovado and related grades. In St Louis, wool markets report steady tone with territory and western mediums trading at 17 to 20 cents and fine mediums around 18 to 18 1/8 cents.
South Omaha Nebraska December 26 cattle receipts 6100 market slow to 10 cents lower native steers 5.00 to 8.00 cows and heifers 3.25 to 7.55 western cattle 3.89 to 6.60 Texas steers 3 to 5.40 stockers and feeders 3.50 to 7.00 calves 0.50 to 7.50 hogs receipts 2500 market a shade lower next line shows price ranges 5.60 to 6.15 mix 5.90 to 6.05 light 5.60 to 6.05 pigs 4.40 to 5.80 bulk sales 5.53 to 6.10 sheep receipts 5000 market 10 cents higher muttons 9.50 to 4.10 lambs 9.25 to 5.26.
Cattle receipts about 6 000 with higher prices across classes. Native steers 5.25 6.60, southern steers 4.50 6.60, cows and heifers 3.00 7.00, stockers and feeders 4.00 5.40, western steers 4.50 7.00. Pigs and lights mixed around 4.00 6.20. Sheep receipts 6 000, lambs 4.50 4.80, muttons 3.00 4.10, prices up about 10c. At St. Joe Live Stock Market receipts 9 800, cattle strong to 14c higher with steers 4.00 3.28, cows and heifers 2.25 7.36, hogs 3.99 bulk 5.90 6.88. Sheep receipts 2 800, lambs 4.50 6.00. St. Louis reports mixed grain futures and steady sheep. New York and Chicago markets noted with poultry and dairy prices firm to steady.
New York product prices show unsettled butter and eggs with variations in creamery markets. Butter quot es 17 cents for 280 extra trig, 27 cents for 2644 extra, with distinctions for specials and refrigerator marks. Eggs unsettled with fresh gathered extras at 34 cents, extra firsts 81 cents, warehouse storage charges noted.
New York December 28 trading resumed after a triple holiday period. Lehigh Valley led gains early, then slipped below last week's close as market moved unevenly. Canadian Pacific and Great Northern ore, Denver and Rio Grande, Beth Steel, Amalgamated Copper and Union Pacific posted small advances. United States Steel rose on news of production increases with United States Steel stock near 60 percent above par value. Rumors of higher wheel prices circulated as the market closed easy.
Thrifty fall pigs for sale and farm land listings. Also cheap overcoats traveling bags suitcases and furniture pieces. Business place with drug store potential for sale or trade. Local fruit and wood products advertised with prices for coal and firewood. Turkeys chickens berries and produce prices listed.
Society card lists Lowa ovow fan Ce and A No 3 Roaguler meeting the fret Tuesday evening of each month. C Brannemart 5 A Johnson Washington Chapter monthly convocation. Fred Herman secretary. Webb Council Toya Select Ma can Stated monthly first Fray 05 Tach month at Manopia Hall. AKenmer recorder. Demolay Commander No 7 regular conclave third Wednesday each month. EL Gobble Gram recorder. Musquitine Prise No 85 meets Thursdays at 8 pm in Ped Mn home visiting chiefs invited. James Quinn Macham Prince F520 Leese Fie smith G of B phone 840-1
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