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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 27, 1918
Page
9
Unsteady trading in Chicago on June 27 reflects hot southwest weather boosting bullish sentiment for corn. Early prices showed gains before rains and harvest prospects trimmed gains. July and August futures closed near upper limits as Seaboard buying supported strength despite softer town movements and lighter provisions.
Chicago grain quotes show corn bids for No 2 and No 3 yellow around 1.70 to 1.77, No 6 yellow drifting 1.30 to 1.60, and various old/new white oats values near 84 cents. Barley ranges about 1.00 to 1.19, timothy around 35 to 7.50, and pork products with nominal figures. Prices reflect light demand and market volatility as of June 27.
Chicago grain and provisions market opens with higher early prices and a wide range in prices. Trading activity shows unsettled early sentiment as investors weigh supply and demand factors.
Furnished by Hutton and Frenzel, Chicago Board of Trade photo data shows today’s and last period figures for Wheat Corn and Oats receipts and shipments. Wheat receipts 197,000. last week 122,000. last year 41,000. Corn receipts 894,000. last week 608,000. last year 82,000. Oats receipts 104,000. last week 492,000. last year 642,000. Shipments Wheat 95,000. last week 96,000. last year 37,000. Corn shipments 286,000. last week 356,000. last year 644,000. Oats shipments 546,000. last week 433,000. last year 47,000. Chicago carlots Wheat receipts 27 contracts. Corn 199 contracts. Oats 203 contracts. Northwest carlots Minneapolis Wheat receipts 144 last week 180 last year 104. Duluth Wheat receipts 1 last week 1 last year 2. Winnipes Wheat receipts 69 last week 49 last year 40. Export clearance Wheat none. Corn none. Oats 684.
Cash corn mixed to higher with No 2 white around 1.82 per bushel and No 2 yellow near 1.60. Rye quoted 1.75 to 1.85. Hay prices steady to lower with choice timothy 19.00 to 20.00 and alfalfa around 22.00 per ton.
In St Louis Missouri on June 27 grain prices for corn and oats are listed. Corn No 2 white trading around $1.92 per bushel and oats No 2 track No 5 white around 79 to 92 cents per bushel. Market figures reflect standard wholesale quotes for morning trading.
Chicago buyers report unsettled butter receipts at 12 750 cases with old stock 20 cars from Wisconsin Michigan and Minnesota. New receipts 67 cars with Arkansas sacks and whites, poultry prices show gains with live fowl quotes ranging around 4 6 cents per pound.
Kansas City market notes unchanged butter and poultry with firsts at 54 cents and seconds at 26 cents. St Louis market records no change in poultry with springs large at 39 cents and butter unchanged at 60 to 50 cents per pound.
New York market report shows firm receipts across dairy items with higher creamery prices. Butter and cheese values edge up for extras and firsts, with fresh gathered extras around 39 to 46 cents per pound and cheese receipts totaling 5,924 boxes amid stable state fresh specials and forage run contexts.
New York market notes show poultry prices with chickens and broilers at various cents per pound and turkeys around 39 to 50 cents. Sugar futures edge higher with centrifugal raw sugar steady at about 6.085 cents per pound and graded near 7.50 cents.
Local livestock market report shows Choice Light and Heavy cattle values. Heavy packing beef cattle bring around 15.00, Choice Steers reach 9 to 12 dollars, and stock steers quoted from 9 to 11 dollars. Cows and heifers run 7 to 9 dollars, calves around 11 dollars.
New York stock lists show United States Steel advancing on strong turnover while General Motors and New Haven gain about two points. Liberty bonds quoted near 99.56 to 99.64 with 4s and 44s trading in narrow ranges. Chicago and Kansas City livestock markets report mixed to firm hogs and robust cattle demand, with calves steady and lambs holding.
Receipts total 8 600 hogs and 3 000 cattle and 4 200 sheep with steady hogs and strong pigs. Lights and mixed hogs quoted around 16.25 to 16.60, cattle steers 11.50 to 17.60, heifers 9.50 to 15.50, cows 7.50 to 12.76, calves 7.75 to 14.00, sheep 11.00 to 18.00, ewes 14.00 to 18.00.
Receipts total 3 500 head with market higher. Top bull $16.60, bulls $16.30 to 16.50. Cattle receipts 1 800 head steady to strong. steers 12.00 to 17.85, cows and heifers 6.00 to 15.50, calves 6.00 to 14.00. Sheep 3 200 head active. lambs 12.00 to 17.78, ewes 6.00 to 12.00.
The Omaha market shows strong receipts across cattle and sheep. Sheep and lamb trades push higher with Westerns and yearlings steady to higher, while cattle trend lower for steers and cows and calves.
Sioux City market news shows hog receipts around 10,000 with prices rising. Licht at 16.40, mixed 16.50, heavy 16.10 to 16.40. cattle receipts about 1,000 head and market strong with steers 10.00 to 12.00, cows and heifers 9.00 to 15.00, calves 10.00. sheep receipts 500 steady.
The hog market opened strong and unevenly higher as Packers and buyers showed solid demand. Desirable hogs sold 15 to 25 cents above Tuesday with some heavy and light weights gaining 23 to 30 cents. Armour bought 1,500 head of mixed and heavy packers, with lots around 185 to 225 pounds trading near 16.85 to 16.95 per cwt. Heavy and light weights in various lots posted mixed gains in storage and foreign trade, while individual consignments reported prices around 16.00 to 16.80 per cwt across multiple weight classes and buyer categories.
Detroit fans clashed after a disputed called strike on Donie Bush in the Tigers’ 3 0 defeat. Umpire Dick Nallin faced a hostile crowd of about 5,000 as benches were emptied and officers guarded the field after a tense seventh inning.
Summers a local pug from Wah Boxing faces Buck Sargeant in six rounds at Mock Island on July 4 in the semi finals of a big show. Summers aims to repeat a earlier one sided win over Simms and believes he can perform again. Sargeant is tough and expected to push Summers through six rounds. Warry Greh appears in the main bout against Bob Maha in a ten round fight.
Tommy Burns former heavyweight champion announces a four round bout with Fred Fulton in a patriotic event at Vancouver B C on July 1 Burns is a corporal in the Canadian army and the story notes his current military role and upcoming bout.
American League standings show New York leading with 87 wins and 27 losses, Cleveland 87 29, Washington 81 616, St Louis 29 468, Detroit 3S, Philadelphia 55 28, Boston 25 57. Yesterday Chicago beat Detroit 3 0, New York 8 beat Boston 1, Cleveland won 5 2 at St Louis, Washington 3 Philadelphia 2. Today Chicago plays Detroit, Philadelphia hosts Washington in two games, Boston hosts New York, Cleveland visits St Louis. National League standings list Chicago leading with 17.7028, New York 19 667, Boston 20 483, Philadelphia 27 29 482, Pittsburgh 21 1125, Brooklyn 28 88, St Louis 21 34 382. Yesterday results: Chicago 1 St Louis 0, New York 9 Boston 0, Philadelphia 1 Brooklyn 0 7, Cincinnati Pittsburgh rain. Today games: Chicago at Cincinnati, New York at Boston, Brooklyn at Philadelphia, Pittsburgh at St Louis.
After the war a stronger United States and Iowa emerge with rising farm output and higher land values. In Newton area notices list rental ads including 4 room unit on 111 E. 2nd and various houses and rooms for rent. Shelby Norman Post schedules a meeting at the Court House on Friday morning June 25 to attend funerals for Charles Judisch and John Koehler.
Chicago July 27 Cubs edge St Louis 1 0 as Vaughn blanks them and Ames allows the lone run on a first inning wild pitch. Giants top Braves 9 0 as Zimmerman homers for the $50 sign in left. Dodgers blanked by Phillies 1 0 after Jacobs debut trade.
Washington allocates space and facilities for 34 000 additional naval trainees nationwide. Minneapolis pilot Cyrus F Chamberlain of the Lafayette Escadrille is killed in a France air crash. The Food Administration sets July 1 as start for three pounds per capita monthly sugar distribution to commercial users. New York socialist Allan S Benson resigns from the party in protest of foreign born leadership. Mollie Feil demonstrates cold pack canning to Grace Lutheran Ladies Aid. the group to meet July 3 at the church for a work session.
A state wide Rye Week will run July 1 to 7 to push rye flour sales as wheat stocks wane. The Food Administration urges counties to enforce a six pounds per person per month limit and asks merchants to move rye bread into public use while citing rye flour as nutritious and comparable to wheat.
Wallace Moore of 716 West Third street reports attending the college conference in Lake Geneva Wisconsin held June 14 to 24. He notes it was the most successful in years with representation from Iowa Illinois Minnesota North Dakota South Dakota Michigan Indiana Wisconsin Utah and Colorado. On the homeward route he stayed several days in Chicago at the home of Robert Pentzer.
For sale 120 acres near Muscatine with fine improvements and fences and easy terms. Also 140 acres four miles from West Liberty and two miles from Atalissa, well improved and priced right.
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