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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 26, 1911
Page
14
Chicago traders saw a sudden shift as Liverpool buyers boosted wheat futures. Prices rose to 89 in September amid reduced world stocks and lower ocean wheat on the way, while corn and oats gained on hot weather and strong demand. hog provisions eased with pork near 15.47.
Daily office hours are from 9 to 12 and 1 to 5 30. Saturday evening hours run from 7 to 9.
Liberal supplies today caused a slump in prices of steers with bids of 6.50 to 6.65 for choice. Hogs opened 5 to 10 cents lower, big killers at 6.25 to 6.40 for good butchers. Lambs fell while top reached 6.85. sheep remained steady in Chicago.
New York stock market opened with spirited buying pushing United States Steel to 79% from Saturday’s close. Readings in Union Pacific Southern Pacific Utah Copper Reading St Paul Northern Pacific Great Northern favored, while Canadian Pacific slipped. Late trading showed weakness as prices fell back and copper electric and fertilizer stocks sagged.
The Chicago market shows mixed moves across grains and livestock with July Wheat at 88 89 and Sept around 89, Corn July at 2.55 and Sept near 2.57, Oats July 0.405 and Sept 0.411, Barley around 0.80 to 1.18, Rye No. 2 about 0.90 to 0.91, and livestock futures including Mess Pork per barrel at 15.47 to 15.52, Lard around 8.12 to 8.35, and Short Ribs near 8.25 to 8.40 reflecting modest fluctuations for the day.
Daily movement of produce shows Wheat 255 thousand bushels and Corn 53 thousand. oats 153 thousand. Barley 83 thousand. total wheat receipts at Chicago Minneapolis and Duluth 334 cars, vs 384 last week and 440 a year ago. Wheat contract cars 8 with 3 of contract grade. corn 329 cars with 127 contract grade.
Cattle receipts about 26 000 with market steady to 10 cents lower. Beeves fetch 4 75 to 6 65, Texas steers 4 40 to 5 90, western steers 4 50 to 5 70, stockers 3 15 to 5 35, cows and heifers 2 25 to 5 75, calves 5 75 to 8 00. Hogs receipts around 41 000 with values weak to below Saturday. Light 6 10 to 6 52, mixed 6 10 to 6 52, heavy 6 05 to 6 47, good to heavy 6 20 to 6 47, pigs 5 65 to 6 30, bulk 6 25 to 6 40. Sheep receipts about 25 900 with market weak. natives 2 25 to 4 05, western 2 40 to 4 50, yearlings 3 90 to 4 60, lambs native 3 75 to 6 75, western 4 00 to 6 85.
Chicago June 26 cash grain prices list multiple grain grades across wheat corn and oats with bid prices including No 2 red Wheat at 90 to 885 and various Northern and Spring grades from 97c to 95c with multiple fractions. Corn No 2 at 55 to 56c range and Oats No 2 at 40 to 42c, standard 41c.
Kansas City grain market report shows July wheat at 84 1/2 to 85 cents with September 85 cents, July corn 57 1/2 to 58 1/2 cents, and receipts at 67 cars. Cash grain lists No. hard wheat at around 86 9/16 cents, No. 3 red 84 to 89 cents, corn mixed prices from 57 to 58 cents, oats around 43 to 43 1/2 cents, rye 85 to 89 1/2 cents, and hay prices steady to 50 cents higher with Timothy at 18 to 19 dollars per ton.
South Omaha Neb June 26 cattle receipts 3300 market steady to stronger native steers 5.00 to 6.25 cows and heifers 3.00 to 5.60 western steers 3.50 to 5.10 stockers and feeders 2.50 to 5.25 hogs receipts 5900 market to lower heavy 5.90 to 6.15 mixed 6.00 to 6.10 light 6.15 to 6.30 sheep receipts 5800 market slow to lower sheep 3.00 to 5.00 lambs 5.50 to 6.25
Kansas City Missouri June 26 cattle receipts 7000 market steady to strong native steers 480 to 650 southern steers 375 to 550 native cows and heifers 225 to 610 stockers and feeders 350 to 510 western steers 475 to 610 hogs receipts 11000 market steady heavy 615 to 625 packers 620 to 6325 light 620 to 632 lambs and muttons 325 to 400 and 550 to 675.
South St Joseph Missouri June 26 cattle receipts 1800 market steady steers 450 to 600 cows and heifers 350 to 575 calves 350 to 750 hogs receipts 6000 market steady top 630 bulk 620 to 630 sheep receipts 6000 market slow lambs 4504 to 6800
Galveston Texas June 26 Cotton Spot remained steady at 15 1/2 cents with buyers and sellers holding firm. The market shows no major change as daily activity continues in the local cotton trade.
Wheat prices rise with No 2 hard at 84 to 88 cents, No 3 hard 82 to 86 cents. Corn gains fractional to percent with various white and yellow grades quoted. Oats advance with No 3 white around 41 to 41 and a fraction cents. Receipts show 13 for wheat, 101 for corn, oats. shipments 16 wheat, 82 corn, oats.
St Louis markets report unchanged wool values with Territory and western medians at 17 19 and a half to 19 1/2 cents, fine mediums at 16 17 1/2 cents, and fine at 11 to 14 cents.
Wheat spot steady with Manitoba grades quoted at 7s 54d for No 1 and 7s 34t for No 2. No 3 Manitoba 7s 1d. July 6s 10½d, Oct 6s 8¼d, Dec 6s 8½d. Corn American new mixed firm 4s 8½d. American mixed old steady 5s 4d. July 4s 9d, Oct 4s 11½d.
In Peoria Illinois on June 26 corn futures held firm with No 2 yellow at 54 percent and No 3 white around 54 and a fraction. Oats remained firm with No 2 white around 41 cents and No 3 white near 41 cents.
In Duluth Minnesota on June 26 the wheat market closed with July at 96 cents bid and September at 96 cents bid. Durum bids were 86 and 86 1 2 cents asked for July and September respectively.
Butter steady creameries 19 23c daisies 17 21c eggs steady receipts 17 775 cases at mark firsts 13c prime firsts 14c cheese steady daisies 11 12c twins 11 11c Americas 12 12c Long Horns 12 12c potatoes weak Qld 80 0c new 1.80 2.00 poultry live firm turkeys 12c fowls 12c springs 18 22c veal steady 50 60 lb 14c 60 85 lb 8 9c 85 118 lb 10 10c
New York dairy market report shows receipts of 8489 pounds butter with price ranges from 22 23c for state dairy creamery to 18 20c for factory current make. Cheese firm receipts 707, eggs firm receipts 15505 with fresh gathered prices 15 21b and checks good to 10c for western whites 17 20aq.
New York New York June 26 poultry prices show dressed quiet western broilers 18 to 25 cents per pound fowls 12 to 15 cents and turkeys 12 to 15 cents.
Red Builder a Standardbred chestnut foaled 1907 by Red Gamaleon with a 2:16% mark and 14 listed, including Red Milda 2:12% and Red Gitt 2:17% among others. He will sire a few mares this spring at $15 with full siblings and relatives named. this old stock combines Onward and Pilot Jr. lines with strong ad value for colts.
New York stocks show mixed gains with many issues trading around historical ranges. Prominent names such as American Sugar Refining American Sugar Refining Amalgamated Copper and United States Steel appear with notable percentages, while others like Reading and Union Pacific post small moves in a fluctuating market.
The Muscatine market page lists hog and cattle bids with prices for hogs at 6.00 and 5.83, cows and heifers 3.50 to 4.00, lambs 5.00 to 6.00, and grain futures including oats 35 to 40 cents, rye 75 to 85 cents, cracked corn 1.20 to 1.30, and bran 1.20 to 1.30. It also notes feedstuffs prices such as hay 16.00 and straw 0.35 to 0.45, plus eggs 12 cents and poultry prices for guineas, ducks, and turkeys.
Ed Ruff leaves Wilton for Pittsburg after a week with family. Many local residents make short visits to Davenport Muscatine West Liberty and other nearby towns. Names include Collier Sherberger Claussen Avers Brunner Christenson Warner Hain Latchaw Sullivan Barton Robinson Boatman Gordon Birrs Nicolaus Budell Stibolt Hucke Stibolt Crouse Burnside Freeland Beaver McDermott Mason Latchaw Shafnit King Golden Millage Cope Kirkpatrick Christensen Klein Brown Harker and others. reports cover brief outs and returns with relatives and business matters in Muscatine Davenport Washington Durant West Liberty Atalissa Moline Iowa City and Mechanicsville.
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