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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 20, 1911
Page
9
In a frantic session Wheat leaped more than two cents as South Dakota crop damage reports intensified concerns the state may harvest less than half a crop. Traders rushed bids with early July near 89 90 cents and September around 90 cents, while corn and oats showed broad strength and firm closes.
The report notes bids for Sept. lard at 8.35 and Sept. ribs at 8.30 while pork trading was inactive. No business occurred in pork.
Chicago grain and provisions market data shows opening and closing figures with highs and lows. The report notes market activity and price movements for the session, reflecting typical daily fluctuations in grains and related commodities.
Chicago cash grain prices list bid ranges for wheat corn rye barley timothy and clover across grades No 2 red No 1 northern No 2 northern No 2 spring No 3 spring and durum with bid figures in dollars and cents per bushel and per hundredweight including several grade distinctions and commodity values.
Daily movement shows Wheat 211 cars across Chicago Minneapolis and Duluth, with 18 wheat cars and 747 corn cars. Total wheat receipts compare to 212 last week and 1387 a year ago. Partial city and contract grades noted for wheat and corn.
Wheat July 87 1 2 cents bid Sept 85 1 2. Corn July 56 bid Sept 57 cents. Cash Wheat No 2 hard 86 92 1 2 cents No 3 83 90c No 2 red 84 86c No 3 82 85c. Corn No 2 mixed 56 56 1 4c No 3 66 56c No 2 white 56 56c No 3 56 56c. Oats No 3 white 41 43c No 2 mixed 38 39c Rye 82 85c Hay prairie 14 25 15 00 timothy 18 00 19 00 Receipts Wheat 16 cars.
Omaha notes wheat up 1 to 2 percent with No 2 hard at 85 to 89 cents and No 3 hard around 88 cents. Corn edges higher with various white and yellow No 2 to No 3 grades listed between 53 and 54 cents. Oats rise 1 cent with No 3 white at 39 to 40 cents and No 3 yellow near 39 cents. Receipts show wheat 8, corn 46, oats 6. forage and corn figures also given.
Corn and grain prices higher at Peoria on June 20 with No. 2 yellow at 65 cents, No. 3 yellow 54 and a half. No. 2 mixed at 40? cents. white varieties led by No. 2 white at 40 1/2 and No. 3 white at 39 1/2 cents.
Liverpool report shows firm Wheat Spot with No. 1 Manitoba at 7s 5d, No. 2 at 7s 3d, No. 3 at 7s 1 1/2d, July 6s 10 1/2d, Oct 6s 9 1/2d, Dec 6s 9 1/2d. Corn Spot mixed American easy at 4s 8d, old steady 5s 4d, July 4s 9 3/4d, Sept 4s 11 3/4d.
In Duluth Minnesota on June 20 closing prices for wheat show July at 97 1/8 cents bid and 95 1/2 cents asked for September. For corn, July at 88 1/8 cents bid and 87 cents asked for September.
Minneapolis market update for June 20 shows wheat closing at 96 3/4 cents for July, 95 3/4 for September, and 93 3/4 for December. Cash bids include No. 1 hard 99 4 cents, No. 1 northern 97 4 cents, No. 2 northern 94 3/4 to 97 1/4 cents, and No. 3 around 92 to 95 cents.
New York dairy market report shows butter receipts at 22 968 pounds with 16 16 2/3 cents process. cheese firm with 24 008 pounds fresh gathered extra firsts at 16 17 2/3 cents. Prices steady on firmer demand for butter and cheese.
Market notes from St Louis in June show territory and western wool locales with prices around 19 percent, fine mediums at 16 to 17 percent, and other lots listed as 4 litec.
Chicago June 20 hogs showed a strong tone with sales readily made as packers provided solid support at prices fully as high as the previous day. Cattle and sheep were steady, with top springers at 7.25.
Chicago markets on June 20 show cattle receipts about 2,500 with steady tone. Beeves fetch 4.90 to 6.50, Texas and western steers 4.75 to 5.85, stockers 3.65 to 5.60, cows and calves varied. Hogs receipts around 15,000 to 16,000 with steady to strong early prices. light to mixed trade 6.00 to 6.42, heavy 5.90 to 6.37, bulk 6.25 to 6.35. Sheep receipts near 15,000 with steady demand. natives and westerns 2.75 to 4.35, yearlings 4.10 to 4.95, lambs 4.00 to 6.60.
St Joseph Mo June 20 cattle receipts 800 market slow Reeves 4.59 to 6.10 cows and heifers 3.50 to 5.65 calves 3.50 to 7.75 dogs receipts 8500 market 5 to 6 1 60c top 6.25 bulk sales 6.10 sheep receipts 300 market active strong lambs 4.50 to 7.00
South Omaha Neb June 20 cattle receipts 3300 market stronger native steers 5.25 6.15 cows and heifers 3.00 5.65 western steers 3.10 5.60 stockers and feeders 3.50 5.40 hog receipts 12500 market 5 to 19 cents higher en vy 5.80 6.10 mixed 5.90 6.00 lights 6.00 6.15 sheep receipts 2000 market steady to strong sheep 3.00 5.00 lambs 5.50 6.25
Kansas City June 20 cattle receipts 10000 market steady to strong native steers 5.00 to 6.40 southern steers 4.00 to 5.00 native cows and heifers 2.25 to 6.30 stockers and feeders 3.25 to 5.15 western steers 4.60 hogs receipts 22000 market strong to higher heavy 6.19 to 6.20 packers and butchers 6.19 to 6.25 lights 6.10 to 6.25 sheep receipts 13000 market steady muttons 3.25 to 4.00 lambs 5.50 to 7.00.
Chicago June 20 butter firm creamery prices ranged 19 23c daisies 17 21c. Cheese steady daisies 11c twins 11 1 2c Young Americas 11 12c. Potatoes steady 1.00 1.10 and 2.15 2.25 for new. Poultry live weak turkeys 12c chickens 1 1/4c springs 22 25c. Veal steady 50 60 lb 8 8 1/2c 60 85 lb 8 9c 85 110 lb 10c. Receipts 17 506 cases at market.
Market notes show hogs at 5.65 for choice and 5.00 to 5.50 for heavy. cows and heifers 3.50 to 4.00. veal calves 4.50 to 5.00. Grain and hay prices include wheat 0.80 to 0.90, oats 0.35 to 0.40, hay loose around 20s to 22s, baled hay 16.00, straw 0.45 to 0.55. Poultry and produce quotes list butter 12 20c, eggs 12c, guineas 15c, ducks 10c, turkeys 12 to 15c.
The New York market opened steady near last night’s close with small fluctuations except Canadian Pacific, which fell. New buying orders appeared at low levels and the market rallied slightly then steadied. United Railways and Investment declined 1 percent as crops damage reports influenced the final hour, while Norfolk and Western rose 1 percent on active trading.
In Boston on June 20 a strong undercurrent of activity is seen as the wool market remains firm. Most transactions involve the new clip with Montana contracts around 50 percent and prices near 19 cents. Scoured wools fetch 61 to 62 cents for top grades while Ohio cashes at 53 to 54 cents. Heavy grower receipts noted across centers.
A dusty listing shows numerous stocks with varying percentages, including Amalgamated Copper, American Beet Sugar, American Car & Foundry, Reading, National Biscuit, New York Central, United States Steel preferred, and Standard Oil among others. The page notes fluctuating figures and broad market activity.
Trinity Episcopal church choir boys charter the steamer Columbia for July 13 all-day outing to Davenport and Rock Island. Hundreds are expected to join from Muscatine for a river trip with a possible moonlight return. Sunday trips on the Helen Blair draw crowds between Davenport and Muscatine and back.
The Steamer St Paul from Streckfus line arrived in Muscatine from the south with the largest passenger list this year. Excursionists filled the crowd as parties planned summer trips on through Mississippi river routes, with reservations already moving ahead and expectations of a record season as the fleet expands and more accommodations are offered.
Marshalltown Iowa June 20 Ideal weather and a fast track welcomed the Cedar Valley circuit three day meet. Opening events include the 2 24 pace with fifteen entries the 2 14 pace with twelve entries and the 2 30 trot with six entries. The 2 18 pace tomorrow afternoon has twenty one horses entered. Mable King who drew attention at Des Moines last week will run in the 2 15 race here tomorrow.
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