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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 09, 1911
Page
9
Chicago report shows heat damage and bullish news lifting wheat as government crop figures spark a rally. July futures rose from a drop to 92 cents and corn also advanced on hay outlook. oats and pork provisions followed the strength with hog market gains.
Chicago market report shows wheat and corn prices with daily highs lows and closes for July September and December futures. Pork, lard, short ribs and feed items listed with per bushel and per 100 pounds values, plus barley and timothy and clover figures.
Daily movement of produce shows wheat and corn receipts at Chicago with 207 cars today, versus 242 last week and 186 a year ago. Wheat total 27 cars with 6 contract grade, corn 478 cars with 237 contract grade, oats 246 cars. Data include Minneapolis and Duluth totals for wheat and other grains.
The clipping lists multiple grains and grades with prices in cents per bushel or similar units. Entries include No 2 hard, No 3 hard, No 1 northern, No 2 northern, No 3 northern, No 2 spring, No 3 spring, velvet chaff, durum, Seton No 2 white, and oats with several standard and white classifications plus percentages and dollar amounts.
Close figures show wheat July 86 60 sellers Sept 86c, corn July 55 55c sellers Sept 56c bid. Cash prices list No 2 hard 82 93c, No 2 red 88 89c, corn No 2 mixed 55c, No 2 white 56c. Rye 85 90c. Hay steady with timothy 17 18 dollars, prairie 14 15 dollars. Receipts wheat 21 cars.
Wheat prices mixed with gains on No 3 hard and corn rising at nearby futures. Oats show a modest uptick while white and yellow corn varieties trade near previous levels. Receipts include heat and corn volumes with oats noted alongside.
Peoria Illinois June 9 reports higher prices across grain categories. Corn quotes include No 2 yellow at 53 2c and No 4 yellow at 5ic while oats rise with No 2 white at 38c and standard at 37c.
Liverpool June 9 closing: Wheat spot quiet with No 1 Manitoba 7s 5½d No 2 Manitoba 7s 3½d No 3 Manitoba Island July 6s 10d Sept 63?d Corn spot Old American mixed 4? 3d July 48s 9½d Sept 4s 1d.
New York market notes butter barely steady with receipts of 7,636 and processing specials 19,192. cheese firm. eggs steady with receipts 14,526.
Minneapolis grain report dated June 9 shows wheat futures closing July 96 1/2 cents September 93 1/2 cents and December 93 cents. Cash bids include No 1 hard 99 1/2 percent, No 1 northern 97 1/2 to 99 1/2 cents, No 2 northern 94 1/2 to 97 1/2 cents, and No 3 92 to 95 1/2 cents.
Duluth Minnesota June 9 closing Wheat July 97c Sept 93 1/2c bid Durum July 87 1/2c Sept 84 1/2c asked
Chicago June 9 speculators boomed the hog market today while packers stayed away. Scalpers' activity lifted prices by about five to ten cents from yesterday's average. Cattle prices remained steady with a single lot of steers selling at 6.30, the day’s top, and sheep and lambs unchanged.
Cattle receipts 1,500 with market steady. Beeves 5.15 to 6.50, Texas steers 4.50 to 5.75, stockers 3.85 to 5.70, cows 2.40 to 5.80, calves 5.00 to 8.25. Hogs receipts 16,000 with values up to 10 cents higher. light 5.95 to 6.55, mixed 5.90 to 6.55, heavy 5.80 to 6.32, bulk 6.10 to 6.30. Sheep receipts 12,000, market weak. natives 3.00 to 4.50, western 3.25 to 4.60, yearlings 4.35 to 5.26.
South Omaha June 9 cattle receipts 600 market steady native steers 5.25 to 6.25 cows and heifers 3.00 to 5.85 western steers 3.75 to 5.75 stockers and feeders 2.50 to 5.50 high thence 6.76 to 6.96 mixed 5.85 to 5.90 light 5.50 to 5.90 sheep receipts 500 market steady sheep 3.75 to 5.50 lambs 6.00 to 7.10.
South St Joseph Mo June 9 cattle receive 300 market steady steers 525 6 cows and heifers 308 590 given 400 775 hogs receipts 6000 market 10c top 620 bulk sales 605 6 Shoe receipts 10000 market steady to weak scia 5 50 7 00
Kansas City cattle receipts on June 9 show 1,500 head traded with a strong market. Native cattle and calves led demand as buyers pressed for quality lots.
New York June 9 Stocks opened near yesterday's close with small gains in several issues. American Beet Sugar led with a one point rise while Brooklyn Rapid Transit and Northern Pacific posted modest advances. Erie and Canadian Pacific jumped on stronger trade, Tennessee Copper rose, but market leaders pulled back later in the day.
The list shows daily figures for major securities led by American Sugar Refining and United States Steel with various percentage changes. Notable entries include Atlantic Coast Line 129% and Louisville & Nashville 152% while railroad and utility stocks like Erie, Great Northern, and Pacific Mail display mixed performance.
Receipts show 11 000 cattle and 4 000 sheep with steady to higher price shifts. Steers and western cattle ranged around 4.75 to 6.15, cows and heifers from 2.75 to 5.60, stockers near 4.06 to 5.75, and lambs selling from 3.40 to 7.00 with buyers steady on the day.
New York market for poultry shows alive stock steady. Western spring chickens bring 30 cents, fowls 15 15 1 2 cents, turkeys 15 cents. Dressed meat varies irregularly with Western broilers 18 28 cents, fowls 11 14 cents, turkeys 13 16 cents.
Chicago markets show mixed signals with dairy steady and eggs firm after lively receipts. Butter daisies cheese and poultry prices are listed with varying weights and classes while potatoes and veal move slowly and live turkeys and fowls hold near stated ranges.
In St Louis on June 9 wool markets showed unchanged territory and western mediums with 18 sie fine mediums at 17 18c and 12c for fine lots. Regular buyers and sellers noted stable demand as prices lingered.
The J G society event at Mrs C Satterthwaite for Oak Grove residents drew many attendees and raised 14.25 to buy hymnals. The Ladies Aid will meet June 14 with Mrs J C Stuart. The J G society gathered with Mrs H Hocke near Atalissa with about fifteen girls, sharing a midday meal and social time.
Dun's review shows a week with total bank exchanges in leading U S cities at 3157142682 dollars, down 1.2 percent from last year and 0.1 percent from 1909. Outside New York gains appear in many cities, while New York City shows some losses. Overall, the week is the most favorable in a long time, signaling improving business.
Mrs Helen Blair departs for Davenport on Wednesdays Fridays and Sundays at 7 00 a m She also leaves for Burlington on Mondays Wednesdays and Fridays at 8 30 p m The schedule outlines her regular travel times between towns.
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