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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jul 23, 1909
Page
6
Dis patches to Dun's Review indicate seasonable dullness in some branches of trade. Yet the tendency is toward continued expansion. Orders for future requirements show a satisfactory increase. Many manufacturing plants run at capacity and industrial conditions show steady improvement.
Open high low and close figures for wheat corn oats pork lard and ribs are listed for July 23. Market activity notes strong hogs and car receipts including wheat corn and oats with estimated arrivals for tomorrow.
A local notice from Muscatine Town Company offering farmers loans to raise crops. It invites applicants to borrow money to cover seed and crop costs and to refinance or pay off existing mortgages with additional funds. Contact details point to an office over the old Post Office in Muscatine.
Chicago reports grain prices with wheat and corn listings for No 2 red No 2 hard and No 3 hard grades, including new price ranges and bid-ask figures. Oats and white oats show multiple No 2 and No 3 bids with fractions of a cent, reflecting market activity in July.
Wheat July opening 1.12 to 1.13 high 1.13 low 1.11 close 1.11. September 1.17. Corn July 71 to 72 high 72 close 72. September 67.4. Oats July 45 to 46 high 46 low 45 close 45. September 40. Pork July 20.85. Lard 11.72. Ribs 11.40. Rye cash 80. Barley 65 1/1c. Timothy Sept 3.70. Clover inactive.
Chicago July 23 cattle receipts 1500 steady with beef steers from 4.50 to 6.60 per hundredweight, hog receipts 12000 five higher with lighter weighed 7.55 to 8.15, heavy 7.50 to 8.30, bulk 7.75 to 8.15, sheep receipts 8000 with sheep steady 5.35 to 5.75 and lambs weak 4.75 to 8.15 per head.
Butter steady across creameries and dairies with quotes 22 to 26 cents and 20 to 23 cents respectively. Eggs steady with receipts 11,900. at mark cases 18 cents. firsts 21 cents. prime firsts 22 cents.
Poultry prices in Chicago on July 23 show turkeys at 14 cents, chickens at 13 to 13 and a half cents, and springs at 18 to 19 cents per pound.
New York markets report barely steady trade figures on July 23 with receipts of 10,900. Creamery specials quoted at 27 1/4 to 27 1/2 cents, official at 27 cents, processing at 19 1/4 to 19 3/4 cents. Factory first to finest at 21 to 22 cents. Receipts overall 11,300 with Western seconds at 20 to 21 cents.
New York dispatch reports alive poultry steady with spring chickens at 19c, fowls 15 ½c, turkeys 13c. Dressed chickens or broilers quoted 17 21c and fowls 15 16c.
New York July 23 market report shows January contract opening at 11.88 with a high of 11.95 and close at 11.83. October contract opened 11.83, high 11.94, low 11.68, closed 11.93. December contract opened 11.86, high 11.98, low 11.70, close 11.96.
The grain market reports wheat at 1.29 per bushel for July delivery and corn at 89 3/4 cents. The brief price listing reflects the day’s trading in New York.
Peoria Illinois on July 23 notes corn No 3 priced at 72 and a half cents per bushel in daily market quotation.
St Louis grain market update lists Wheat July at 1.067 and Corn at 71.4 cents while Oats trade at 44 cents. Damages minimal. no additional details provided.
Chicago reports a heavy wheat load of 10,090,000 bushels shifting prices. July tumbled to 1.13 per bushel, September fell slightly, and export demand remained cautious. Corn rose briefly after opening weakness while oats gained on favorable crop notes and firming afternoon prices.
Chicago July 23 Beef steer market shows little surprise demand for choice cattle, but buyers seek strictly good beeves. No high class beeves arrived, limiting gains yet improving tone for sales at 6.50 and up. Demand for common to medium grass fed steers remains tepid.
Downward price movement for grassy steers continues with 25c lower averages than Monday and 50c to $1 lower than ten days ago. Hog demand remains uneven though steady at close with 7.45–7.85 full range. sheep and yearlings sellStrong with native grades up 25–35c and some ewes up 50c. Chicago horse market shows steady to softer values as summer demand eases and receipts total 754 for four days.
Market listings show corn 75c, oats 55c, wheat 90c, various cornmeal and feed prices, hay at 10 to 12.50 per ton, and oilmeal 1.70 to 1.75 per cwt. Live stock bids include hogs from 6.25 to 7.50, steer 5.00 to 5.50, cows 3.00 to 3.50, veal calves 4.00 to 4.50, sheep 4.00 to 5.00, lambs 5.00 to 6.00. Produce prices list butter 17c, eggs 19c, hens 10c, turkeys 9c, ducks 6c, and carnations to 35c per dozen.
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