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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 12, 1911
Page
14
Excited buying lifted oats prices as shorts covered triggering a broad market flurry. July oats opened 37% to 38% and rose to 38% while wheat fell on expectations of large Kansas shipments and general market weakness. Corn moved with oats but did not reach heavy total as selling pressure emerged.
Red Builder, a 1907 chestnut standardbred from Arena A. line, is among the 3 top breeders. He will serve a few mares this spring at 15 dollars. notable progeny include Red Milda 2 12 and Red Gift 2 17. Gov. Lucas and Redinda relations noted.
Wheat settled at 5454 for July with a small loss. Pork futures opened lower, while packers supplied good support to hogs. First sales slipped to buyers, with September pork at 14.92 percent, lard 8.40, and ribs 8.15.
Sedalia Missouri June 12 wheat harvest starts in Central Missouri with grain in excellent condition. The average yield is estimated at 15 bushels per acre across the region.
Reading of the Chicago Grain and Provisions Market shows mixed futures for July September and December contracts across corn oats and soybeans with prices in fractional percentages and cents per bushel.直播
Daily movement shows wheat receipts 10 100. oats 4 800. barley 18 000. flour 13 100. total wheat receipts at Chicago Minneapolis and Duluth today 355 cars, with 9 contract grade. corn 421 cars with 176 contract grade. oats 179 cars. Compared with 356 last week and 376 on the same day last year.
Cash grain quotes for June 12 show varied bids across wheat corn oats and related categories. Prices list No 2 red No 2 white No 2 yellow No 3 and other grades with decimals and fractions for futures influenced cash markets.
Chicago June 12 Good steers topped at 6.50 with most sales around 6.00 to 6.25. Hogs averaged lower than the prior session while trade remained active at the decline. Sheep and lambs showed little activity and prices edged down a fraction.
The New York stock market opened with strength and broad gains. United States Steel led with a surge above yesterday's close as several issues posted fractional advances, yet trading cooled later as profit taking trimmed gains. Metal stocks rose with copper issues in demand and several rail stocks moving up sharply.
Cattle receipts about 23,000 with market steady to strong for good cattle and calves $5.00. Hogs receipts around 42,000 with markets steady to lower than Saturday's average. various weights quoted from $5.65 to $6.32, bulk $6.20. Sheep receipts about 238,000 with market weak to steady. natives $2.75 to $4.50, yearlings $4.35 to $5.20, lambs native $4.25 to $6.50, western $4.25 to $6.75.
The list shows closing prices for major stocks including Amalgamated Copper at 69, American Beet Sugar at 558, American Car & Foundry at 56%, American Smelting & Refining at 323, and American Sugar Refining at sane e Sa. Atlantic Coast Line at 130, Baltimore & Ohio at 197%, Brooklyn Rapid Transit listed, Canadian Pacific at 242, Chesapeake & Ohio etc. Chicago & Northwestern, Colorado Fuel & Iron, Colorado & Southern, Delaware & Hudson, Denver & Rio Grande, Missouri Pacific at 16.35, Missouri, Kansas & Texas at 186, National Biscuit at 22.62, Norfolk & Western at 107%, Interborough-Metropolitan at 52.5, Reading, Southern Railway at 82.%, United States Steel at 118%, Wabash at 65, and Soo Line among others.
Kansas City prices show Wheat Sept 825 82 1 2 cents bid July 924 cents. Corn Sept 56 bid July 54 1 2 cents. Cash Wheat 2 cents lower with Nos 2 hard 84 91 cents, 3 80 89 cents. No 2 red 84 85 cents, No 3 80 83 cents. Corn unchanged to 10 ½ cents higher. No 2 white 56 cents, No 3 54 54 1 2 cents. Oats steady. No 2 white 28 39 cents, No 2 mixed 36 37 cents. Rye 85 90 cents. Hay steady. choice timothy 17.00 18.00, choice prairie 14.25 15.00. Wheat receipts 44 cars.
Wheat edged down 1 to 2 cents with No 2 hard at 84 14 to 88 cents. No 2 white corn rose to 53 53 1/2 cents, No 3 yellow 51 1/2 to 52 1/2 cents. Oats advanced with No 3 white 33 to 31 cents. Receipts listed for wheat corn and oats.
Peoria market notes show corn steady with No 2 white 54 cents and No 3 white 53 to 54 cents, No 2 yellow 53 cents, No 3 yellow 53 cents, No 4 yellow 51 cents, No 3 mixed 53 cents, No 4 mixed 43 to 45 cents, oats higher with No 2 white 39 cents and standard 38 to 38.5 cents.
Kansas City stock market notes cattle receipts 13 000 hogs 14 000 and sheep 8 000 with steady to lower cattle and hog prices and sheep firm to higher. Native steers 5.00 to 6.35, hogs 6.05 to 6.20, lambs 5.50 to 6.76, muttons 3.25 to 4.00.
South Omaha June 12 cattle receipts 2200 market steady native steers 5.00 to 6.15 cows and heifers 4.00 to 5.60 western steers 5.00 to 6.00 stockers and feeders 3.50 to 6.40 hogs receipts 6300 market 5 to point lower heavy 5.80 to 5.85 mixed 5.85 to 5.95 light 5.90 to 6.05 sheep receipts 2800 market slow to weak sheep 3.00 to 5.25 lambs 6.25 to 7.10
South St Joseph Mo June 12 cattle receipts 1600 market steady steers 40615 cows and heifers 3506 00 calves 3507 75 hogs receipts 8500 market 5c lower top 6 20 bulk 6 05 6 40 sheep receipts 1000 steady lambs 5 00 6 55 market
The page lists hog prices including choice light and heavy, steer and cow categories, veal calves, and hay prices. It also provides wholesale and retail poultry and produce market rates for butter, eggs, guineas, ducks, and turkeys, plus fish like catfish and perch with quoted cents per unit and per pound.
Minneapolis Minn June 12 close prices for grain futures with July at 92 3 4 cents September 90 3 4 cents December 91 1 4 cents cash No 1 hard 5 3 4 cents No 1 northern 93 94 cents No 2 northern 90 93 cents No 3 88 91 cents.
In Duluth on June 12 the close quotes show wheat July at 93 and Sept at 90 cents bid asked. durum July at 84 and Sept at 82 cents.
Butter and cheese steady with daisies at 11 to 11 1 2 cents and 17 to 21 cents for creamery. Eggs steady with firsts around 13 to 14 cents and receipts 19 932 cases. Poultry and veal prices listed for live turkeys fowls chickens and dressed veal by weight ranges. Potatoes noted as old and new with price ranges 1.70 to 1.75.
New York Produce records receipts for Butteg-Firm 9 237 and Cheese-Firmer 287. Creamery grades show firsts to specials at 20 to 22 cents and common to fair at 17 to 18 cents, process items 191 cents. Eggs steady with 20 160 receipts and fresh gathered varieties at 14 to 20 cents, western whites 17 to 19 cents.
Wool market reports from St Louis on June 12 show steady prices across territory and western mediums with fine mediums and fine 16 17 percent figures noted. Demand remains unchanged as buyers and sellers hold positions in the market.
New York markets show dressed poultry uneven. Western broilers bring 18 to 25 cents per pound while fowls bring 11 to 15 cents. Turkey prices range around 12 to 16 cents per pound. Seeive notes indicate irregular demand and small trade activity.
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