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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 13, 1911
Page
6
Wheat futures turned higher in Chicago trading after yesterday's drop as foreign markets stayed steady and European crop signals improved. Commission houses led the buying, July and September contracts fluctuated, and corn held firm despite packer selling. oats rose on rainless conditions.
The report indicates light salt offerings and price movements in July with a 34 percent rise followed by a retreat to 23 cent. Hog price declines pressured provisions as hog prices weakened. September pork delivery valued at 15006 dollars, with pork around 8.27 dollars and ribs near 8.17 dollars, reflecting overall market shifts.
Chicago grain and provisions market report shows Wheat July at .88 87% 81 86 and Sept around .87. Other grains including Corn Oats Rye Barley and timothy list varied prices and receipts. Daily movement notes 36,800 flour and 16,200 wheat shipments with 30 car wheat and 31 car oats arrivals. Total receipts at Chicago Minneapolis and Duluth compared with prior periods.
Chicago cash grain prices report mixed bids for Wheat Corn and Oats with notes on No 2 red No 2 white and multiple No 3 grades. Kansas City market shows cash wheat unchanged No 2 hard at 4 to 4 5 cents and corn steady to higher with various No 2 and No 3 prices. Receipts for Wheat 28 cars.
Wheat prices varied with No 3 hard at 24 cents, No 2 white around 53 to 53 1/2, and No 3 yellow about 36 to 37 cents. Corn held steady to slightly lower with No 2 yellow near 62 to 63 cents and deliveries show wheat receipts of 9, corn 39, oats 0. Shipments show wheat 2, corn 96, oats 0.
Liverpool grain market update dated June 13 shows wheat spot prices sliding to easy at No 1 Manitoba and No 2 Manitoba with varied July and October bids. Spot American mixed futures stay firm with mixed domestic trading notes and forward price quotes across July and September months.
Minneapolis and Duluth grain markets report closing prices for June 13 with figures for AYR LS uly, Sept. G1iKe, Dee, Ola, and cash grades including No 1 hard and No 2 northern. Duluth shows bids and asks for wheat and durum several months.
Peoria June 13 corn and oats prices shown with assorted grades and values. No. 2 yellow and No. 2 mixed figures appear, along with white oats varieties and standard grades.
New York Produce reports receipts for Creamery and related firms with figures including 19,866 for Butter Firm and 12,829 for Sheese Firm. New York Poultry Market shows dressed poultry and prices for Western broilers at 18 to 19 cents, with fowls around 19 cents and turkeys near 18 cents. Galveston Cotton Market notes steady cotton prices on June 13.
Chicago and Kansas City live stock data show a heavy run of hogs depressing prices across regions. Cattle and sheep markets stay mostly steady to weak as receipts surge, with hogs leading declines and mixed lots trading lower than the day before.
New York June 13. Stocks opened weak with railroad shares under pressure led by Northern Pacific St Paul and Western Maryland. Union Pacific Erie and other leaders fell while copper shares were strong though other industrials lagged. Bears shook out long stock but copper stock accumulation limited rallies. market closed stronger with Union Pacific Reading United States Steel Amalgamated Copper and Utah Copper higher, Denver Rio Grande preferred softening.
St Joseph Mo June 18 cattle receipts 2760 market steady to 10 cents lower steers 460 to 1818 cows and heifers 350 to 600 calves 8675 hog receipts 14600 market 5 to 10 cents lower top 95 bulk 95 to 1060 sweep receipts 7000 market dull and lower lambs 450 to 606
South Omaha reports cattle receipts near 4900 with mixed grades and steady prices. Cows and heifers bring around 4.00 to 6.60, stockers and feeders near 5.20. Hog receipts hit 16500 with prices from about 5.75 to 6.60 for various grades. Sheep receipts near 3000 show lambs around 6.00 and ewes near 3.50.
June 13 Chicago market notes list butter creamery and dairy quotes with 18q 22c and 16 to 20 cents ranges, eggs steady at 20 817 cases, cheese steady with various grades, milk and ghee prices, poultry and veal values, and assorted produce movements in a compact market roundup.
The list shows active and lagging stocks across major sectors. Notable names include Amalgamated Copper, American Sugar, American Car and Foundry, American Smelting, Anaconda Mining, Coast Line, Baltimore & Ohio, Canadian Pacific, Chesapeake & Ohio, Chicago & Northwestern, Denver & Rio Grande, Great Northern, Interborough-Metropolitan, Missouri Pacific, National Lead, Norfolk & Western, Pennsylvania, United States Steel, Rock Island, Southern Pacific, Union Pacific, Wabash, Western Union, and Lehighton Valley with varied percentage quotes reflecting mixed performance.
Segment reports steady wool markets in St Louis with prices around 4 dollars per unit and attention on western and territory fine medium wools. Demand seen as cautious, with rumor of price adjustments and supply stance across Wool Market in St Louis.
A fire at Wilton Iowa waters and lights plant caused by spontaneous combustion damaged the north roof section and disrupted water service for about two days. The blaze discovered at 3 20 a m by night operator Ulla Brown from the C R I P depot brought a prompt hose company response. Loss estimated at 2500 dollars with insurance covering other damage. The fire did not halt light service and authorities report normal use will resume shortly.
For sale property in Muscatine and West Third Street residences. Local notices list Misses Doran shopping in Muscatine, visits by several residents, and a funeral for Mrs Lucy A Mapes aged 77 in Nichols. Church services noted by Rev. Richards. Willing Workers social at Ames building netted 39,000.
Wm. A. Golden spent Sunday with friends in Davenport. Albert Fuirman of Muscatine arrived Monday morning for a short visit with friends. Henry Sessler returned this noon from a brief visit with friends in Davenport.
The 48 hour river forecast lists stages for Dubuque Davenport Muscatine and St Paul stations with slight rises and negative changes noted. Forecaster J M Sherler reports slowly rising Mississippi levels below Dubuque to Muscatine.
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