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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 17, 1911
Page
8
Rains in spring wheat country pull down prices in Chicago as buyers sit out and cash demand halts. July corn slips before recovering, September corn and oats fall with the trend, while provisions stay firm on lighter hog runs and limited offers.
Daily movement shows wheat and corn receipts at Chicago with grain totals and comparisons to last week and a year ago. Wheat 21 cars, corn 474 cars with 217 contract grade. oats 158 cars. Total receipts across Chicago Minneapolis and Duluth today 277 cars, up from 240 last week and 173 a year ago.
Chicago on June 17 reports prices across grains with multiple No 2 and No 3 grades for wheat including red and northern varieties, No 2 spring and durum values, corn listed by No 2 and No 3 with white and yellow subgrades, oats across No 2 and No 3 classes, rye and barley prices noted with cents per bushel.
Ten grains found in an Egyptian mummy tomb near Greeley, Colorado, were planted by a local farmer west of the city. After burial for more than a thousand years, eight stalks of wheat grew revealing a variety believed superior to current local crops.
Wheat July and Sept at around 82 82 1 2 cents bid. Corn July 54 profit 55 cents bid. Cash grain lists show No 2 hard wheat 85 91 cents, No 3 81 89 cents, No 2 red 84 81 cents, No 3 red 82 84 cents. Oats rise with No 2 white 41 41 2 cents, No 2 mixed 37 38 1 cents. Hay steady to up, timothy 18 19 dollars, prairie 14 25. Receipts Wheat 15 cars.
Wheat prices steady to slightly lower with No 2 hard at 82 to 85 cents, No 3 hard around 81 to 84 cents. Corn values mixed with No 2 white 52 to 53 cents, No 3 white 52 to 53 cents, No 2 yellow 51 to 54 cents, No 3 yellow 51 to 53 cents. Oats eased to 37 cents for No 3 white and No 3 yellow. receipts show wheat 9, corn 83, oats 11, corn 72, oats 11.
Liverpool on June 17 reports Wheat spot quiet with Manitoba grades at 7s 5t2d for No 1 and 7s 3a for No 2, No 3 at 7s 1d. Futures firm with July 6s 10½d, Oct 6s 8d, Dec 6s 8d. Corn spot steady. American mixed new 4s 8d, old 5s 4d. July 4s 8½d, Sept 4s 11½d.
Peoria market prices for corn and oats show mixed results with various grades. Corn futures steady to firm with No 3 and No 4 white and yellow ranging from 51 to 53 1/2 cents, while No 2 yellow and No 3 yellow hover around 53 cents. Oats slip with No 2 white around 38 1/2 cents and standard and No 3 white near 38 cents.
Wheat closes vary by contract with gains and losses across March through December futures. Cash prices show No. 1 hard at 95 to 95 1/2 cents and No. 2 northern around 90 1/4 to 93 3/4 cents, with other grades listed.
The Duluth market shows wheat futures with July at 94 cents and September at 91 and a half cents. Durum futures for July at 85 and a half cents and September at 84 cents.
Market notes Butter steady with creamery bids 18 to 22 cents. Eggs steady at 11 to 12 cents for firsts, cheese steady with daisies 11 to 12 cents, potatoes steady with new at 2.15 to 2.25. Poultry live prices at 12 cents, springs 22 cents. Veal steady from 50 to 110 pound weights 8 to 10 percent.
Wool market in St Louis on June 17 shows active demand for territory and western medium grades with prices around 17 191 and fine mediums at 16 17 4c to 11 4c mix, signaling varied buyer interest.
Galveston on June 17 reports cotton steady with price at 15 1/2 cents per pound for middling upland and no major fluctuations observed in the market. Local merchants note steady demand and active trading through the day.
Live stock and feed prices listed with hogs, cows, veal calves, and various grains. Retail and wholesale butter, eggs, meats, produce, and fish prices shown, reflecting a broad local market snapshot.
In Chicago on June 17 hogs advanced about 5 cents over yesterday with scalpers pushing the market. Top price for prime hogs reached 6.35, cattle were nominal with no actual market, live muttons were firm and one load of lambs drew eager buyers. Lamb prices appeared steady this week amid fewer fluctuations.
Cattle receipts about 400 with market steady. Beeves 4.90 to 6.55, Texas cattle 4.60 to 5.80, western steers 4.80 to 5.75, stockers 3.70 to 5.60, cows and heifers 2.50 to 5.90, calves around 6.00. Hogs receipts 7,000. market 5 centers higher. grades range from 5.65 to 6.32 for heavy and good to choice heavy at 6.00 to 6.32. Sheep receipts 6,000. market steady. natives 2.50 to 4.35, westerns 2.75 to 4.40, yearlings 4.00 to 4.90, lambs natives 4.00 to 6.40, western 4.50 to 6.75, spring lambs 4.50 to 7.10, ewes 2.25 to 3.90.
South Omaha cattle receipts 200 steady market. Native steers 5.25 to 6.15, cows and heifers 3.00 to 5.50, western steers 3.50 to 5.60, stockers and feeders 3.50 to 5.30. Hog receipts 7,000. market 5c higher with heavy 5.70 to 5.95, mixed 5.85 to 6.07, light 5.95 to 6.07. Sheep receipts 400 steady. sheep 3.00 to 5.00, lambs 5.00 to 6.40.
South St Joseph on June 17 reports cattle receipts at 100 with market steady. Steers bring 5.00 to 6.25, cows and heifers 2.50 to 6.00, calves 4.00 to 7.75. Hogs receipts 4,000 with top 6.15 and most sales 5.95 to 6.19. Sheep receipts 100 and lambs 5.50 to 7.00.
Kansas City cattle receipts reach 300 as markets hold steady. Native steers 5.00 to 6.35, southern 4.00 to 5.60, stockers 3.75 to 5.00, western 4.75 to 6.10. Bulk sales 6.05 to 6.15, heavy 6.00 to 6.10, packers 6.05 to 6.15, lights 6.10 to 6.20. Muttons 4.00 to 4.40, lambs 5.00 to 7.00.
Butter steady with receipts of 7 307. Factory current make seconds 17 cents. Cheese firm with eggs generally steady and unchanged. Receipts total 14 518.
New York June 17 Poultry Alive firm Western spring chickens 22 24c per lb. Fowls 16 16 1/3c. Turkeys 15c. Dressed Firm Western broilers 18 25c. Fowls Western 11 4% 14c. Turkeys 12 15c.
A Stroud Oklahoma man credits Bucklin's Arnica Salve with curing a wife’s ugly boil after a doctor was consulted. The ad touts it as a rapid healer for burns scalds cuts corns bruises sprains swellings and piles. Available for 25 cents at Havercamp's Prescription Drug Store.
Moderate early strength faded after opening with mixed gains across rail and industrial issues. Lehigh Valley rose briefly, Union Pacific up modestly, United States Steel unchanged, Amalgamated Copper gained, but losses later trimmed and most prices finished near closing levels with few recoveries.
The weekly statement shows clearing house banks hold 68,321,750 more than 25 percent reserve requirements, an increase of 5,481,550 from last week. Loans rise 562,277,500. specie 63,866,200. legal tenders 7,040,100. net deposits 410,767,00. circulation down 193,800. reserve up 122,143,300. surplus up 2,240,550.
Galesburg Illinois June 17 Walker silenced the offense as Galesburg fell 5 to 0. Hilgefort pitched well but support behind him was lacking.
In Kewanee Illinois on June 17 Hannibal defeated Kewanee 5 4 in a tight see saw game. Batteries for Hannibal were Beltz Kurke and Behan Adams Frankie and Shea.
The Mokenas face the Pirates in the second of five at Southend park at 3 PM. A 5 to 4 opener showed close strength between the clubs as they renew their city rivalry. Ab Gould will start for the Pirates with McGee catcher. for the Mokenas, Ruckles or Schweitzer and Schroeder on the mound. Whitey Worren to handle Glenalvin duties. Moguls also host Nichols of Muscatine at the Fair grounds at 2:30 PM with Suman and Woods in the lineup.
New York stocks list shows mixed prices with Amalgamated Copper at 71 and American Sugar Refining at 2014, others like Atlantic Coast Line 131, Baltimore & Ohio 108, and Erie 0. Also highlights declines and percent changes for rail and steel firms. June 17 exchange report notes 30 cent NY premium.
Fragmented OCR preserves scattered team notes and scores from American League and National League listings. Names, cities, and numbers appear erratically, with garbled phrases and broken lines.
Central Association results include Burlington 8 over Muscatine 3 and Hannibal 5 over Kewanee 4. Monmouth 3 over Ottumwa 2, Keokuk 5 over Galesburg 0, Philadelphia 3 over Chicago 6, New York 4 over St. Louis 8, Boston 2 over Pittsburg 8, Brooklyn over Cincinnati, Chicago 6 over Philadelphia 10, St. Louis 0 over Washington 6, Cleveland 5 over Boston 2. Davenport 3 over Peoria 0, Quincy 1 over Dubuque 2, Decatur 3 over Rock Island 4, Waterloo 0 over Danville 2. Detroit–New York game listed as rain.
Wilton IA June 17 Busy day as Rev J Hinkhouse of Fairfield visits town. Numerous residents and visitors travel between Wilton Muscatine Davenport Rock Island Maquoketa Elkhart Ind and Iowa City for work visits graduation and family get togethers. Bankers convention attendees Lang and Harris return from Mason City.
Iowa City's Merchants baseball team has been reorganized and will use a new ball park at the street car terminus. Dwight Griffith, former S. U. S. star now coaching Bakersfield high schools, will join this summer. Bleachers for 2,000 will be built. A league including Muscatine and Cedar Rapids is planned for 1912.
The notice promotes a safe deposit vault highlighting secure storage for deeds abstracts policies and other valuable papers. It offers private boxes at two dollars per year and urges patrons not to delay securing one.
Boston at Pittsburg and Brooklyn at Cincinnati lead a cloudy and clear weekday schedule. Philadelphia plays Chicago at 3 Pp. m with other games including New York at St. Louis and Detroit at New York. Cleveland to Philadelphia doubleheader on 10:30 and 2:45 p. m. with St. Louis at Washington at 4 p. m.
Pocahontas council No. 52 holds meetings on the first and third Fridays monthly at the Red Men Hall. Officers include Mrs Helen Purce as Pocahontas, Mrs Luella Bell as collector, and Mrs Isabelle Norton as keeper of records. Scribes welcome new initiates and note weekly gatherings at 7:30 p.m. at Dunbar’s restaurant venue.
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