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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 22, 1911
Page
14
Chicago reports bullish wheat action as light showers in the drought stricken Northwest spark demand. Sept wheat edges up then slips, corn and pork futures rise on speculative buying while provisions pull back. Prices show volatility with no cables due to holidays abroad.
Chicago cash grain prices listed for June 2 show wheat classifications with No 2 red at 90 to 91.5 cents, No 3 red at 89 to 90 cents, No 2 hard at 90.5 to 93 cents, No 3 hard at 91 cents, No 1 northern at 98 to 103 cents.
Market report shows bid and ask levels across grains and provisions with open high low close figures for Sept and Dec contracts. Highlights include corn around 57 to 60 cents per bushel in various months, rye No 2 at 91 to 92 cents, and pork lard and short ribs trading near quoted ranges, with multiple futures positions listed.
Daily movement of produce shows wheat receipts at 236 cars across Chicago Minneapolis and Duluth, with 18 wheat cars, 304 corn cars, and 126 oats cars. Compared to last week’s 328 and the prior year’s 186, overall activity varies as June shipments trend.
Wheat July 85 85 1/4 cents Sept 85 1/4 bid Corn July 57c Sept 58 1/4 to 58 1/4 cash prices Wheat No 2 hard 88 92c No 3 85c No 2 red 86 87c No 3 84 5loc Corn unchanged 1c higher No 2 mixed 59c No 3 59c No white 59c No 3 58c Oats unchanged 43 44c No 2 mixed worse Rye 85 90c Hay steady to higher Choice timothy 18.00 19.00 Choice prairie 14.75 Receipts Wheat 18 cars.
Omaha June 22 wheat barely changes with No 2 hard around 86144 to 891% per bushel and No 3 near 8416. corn prices rise 1 to 1% with No 2 white about 56 56% and No 3 white 55% 56c. Oats gain 1 to 1c with No 3 white 42 42% and No 3 yellow 41% 42c. Receipts: wheat 5, corn 79, oats. Shipments: wheat 3, corn 52, oats.
Peoria prices for corn show No 2 white at 56 cents and No 3 white at 56, No 2 yellow and No 3 yellow at 56, No 4 yellow 54, No 3 mixed 56, No 4 mixed 54, and no grade at 5. Oats follow with No 2 white 43, No 3 white 42.14, No 4 white 41 1/2 cents.
Minneapolis Minnesota June 22 Close Wheat July 98c Sept 97%c Dec 98 1 98c Cash No 1 hard 1.00 No northern 98% 1.00 No 2 northern 95 98% No 3 94 97e Prices reflect grain trading activity for the day in Minneapolis with granular bid quotes for cash grades and futures points.
In Duluth on June 22 closing wheat prices were July 98 1 2 cents and Sept 98 cents. Durum traded July 85 cents and September 88 cents with asked figures noted.
St Louis reports wool trade activity with territory and western mediums at 17 19 cents, fine mediums at 16 17 cents, and fine at 11 14 inch gauge prices. The brief bulletin outlines current market quotes and conditions for this regional market.
Hogs closed about as yesterday with packers taking hogs at 6.35 to 6.45 and holders paying 6.40 to 6.55, top 6.60. Choice steers sold readily but stayed below six dollars, lamb trade fell 10 to 15 cents with few choice spring lambs.
Cattle receipts about 4000 with Beeves at 5.00 to 6.70, Texas and western steers 4.75 to 5.70, stockers 3.65 to 5.60, cows and heifers 2.50 to 5.90, calves up to 8.40. Hog receipts near 17000 with opening prices 6.05 to 6.57, bulk 6.40 to 6.50. light and mixed show strength, heavy 6.05 to 6.35. Sheep receipts about 17000 with natives 2.25 to 4.15, western 2.50 to 4.15, yearlings 4.00 to 4.80, lambs native 3.75 to 6.35, western 4.00 to 6.40. Close: cattle steady, hogs slow at opening, sheep steady.
Kansas City cattle receipts reach 5000 with steady to strong markets. Native steers 4.75 to 6.40, southern steers 3.60 to 5.35, cows and heifers 2.25 to 6.10, stockers 3.50 to 5.10, western steers 4.50 to 6.00. Hog receipts 14000 with 5c gain. heavies 6.30 to 6.40, sows and butchers 6.35 to 6.50. Sheep receipts 5000 with steady market. muttons 3.25 to 4.00, lambs 5.75 to 6.85.
South Omaha June 22 cattle receipts 2800 market strong native steers 5.00 to 6.25 cows and heifers 3.00 to 5.35 western steers 3.75 to 5.60 stockers and feeders 3.50 to 5.25 Heifers and other classes show higher bids with envy at 5.95 to 6.30 mixed 6.20 to 6.30 lights 6.30 to 6.45 sheep receipts 1800 market steady sheep 3.00 to 5.00 lambs 5.50
South St. Joseph on June 22 shows cattle receipts 1 800 with market steady. steers 4.50 to 6.25, cows and heifers 3.50 to 3.45, calves 3.50 to 7.75. Hog receipts 8 500 with top 6 45 and most sales 6.25 to 6.35. Sheep receipts 2 000 with market steady. lambs 4.50 to 7.00.
Live stock prices show hogs and cattle with various bids and ranges. Grain and produce sections list hay, wheat, corn, meal, oats, and oils with wholesale and retail figures alongside poultry and dairy items for market buyers.
Bear traders drove the stock market lower at the opening as selling surged and nervousness grew. Major issues like U S Steel, Reading, Union Pacific, St Paul and Lehigh Valley fell, copper slipped a point, and many stocks shed fractions amid fears of prolonged tariff agitation and poor crop news. The market closed steady.
The list shows various stocks with last prices including Amalgamated Copper American Beet Sugar American Car & Foundry American Cotton Oil American Locomotive American Smelting & Refining American Sugar Refining Anaconda Mining Co Atchison Brooklyn Rapid Transit Canadian Pacific Chicago & Northwestern Colorado Fuel & Iron Colorado & Southern Delaware & Hudson Denver & Rio Grande Denver & Rio Grande Western Great Northern pfd Great Northern Ore Ctis Illinois Central Interborough Met Interborough Met pfa Louisville & Nashville Missouri Kansas & Texas National Biscuit National Lead New York Central Norfolk & Western Northern Pacific Pacific Mail Pennsylvania People's Gas Pullman Palace Car Reading Rock Island Co Rock Island Co pfd Southern Pacific Southern Railway Union Pacific United States Steels United States Steel Wabash pfd Western Union Standard Oil Lehigh Valley
Chicago June 22 market report shows Butter at 19 23c for creamery varieties with daisies at 17 21c. Eggs steady amid 10 833 cases receipts at 11 11?c for firsts 13c prime firsts 14c. Cheese steady daisies 11?12c Twins 11?11c Young Americas 12?12c Long Horns 12?12c. Potatoes easy old 1.00 1.05 new 2.15 2.25. Poultry live steady with turkeys 12c chickens 19 20c. veal by weight 50-60 lb 8 8½c 60-85 lb 8 9c 85-110 lb 10 10½c.
New York produce prices report shows butter steady with receipts at 8,255. Cheese remains firm on arrivals totaling 3,901. Eggs steady with 16,071 received. Prices and receipts reflect a stable market for butter cheese and eggs.
For contractors and builders in large or small jobs. Will ship from 1000 to 1000000 to any part of Iowa. Our brick are hard and solid made from best natural brick clay. Burnt well to cherry red. Do not chip or crack. All machine made. Write for prices on brick and tile.
Stockton reporters note Edna Moeller has come back home after several months with relatives and friends at Lake Park Iowa. Davenport visitors Pearl Pahl Gus Blank and Henry Hintze spent Saturday at the Bohnsack residence. Mabel Reins of Moline Illinois visits Mrs J Heymann for several days. D Ormsby Mrs Becker and daughter Minnie spent Monday evening at Durant. Mrs Will Els Mrs Art Stigers and Merle visited the Bohnsack home Sunday. Emil Moeller of Lake Park Indiana arrived Tuesday evening and will stay with relatives for several weeks.
Minnie Jost of Davenport spent over Sunday with the home folks. Phylora MacDonald was in Muscatine on Friday. Mrs Ed Thiel and Creta and Lil lie Thiel visited relatives at Durant on Friday. Leonard Moeller of Harris Illinois arrived Tuesday noon to spend his vacation with family.
Wilton Iowa June 22 The Woman's Club met June 21 at Mrs Fox Raynors with a program on Friesland and life on Dutch canals. Lesson reviews covered The Dutch in America A century of prosperity and Netherland and America Revolutions. A picnic supper followed. Several residents and visitors were listed with brief notes on travel and visits to Muscatine Davenport Burlington Cedar Rapids and St Louis. About 75 Grace Reformed Sunday school members attended an all day picnic at J W Leaker's rural home.
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