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Newspaper
Omaha Morning Bee
Location
Omaha, Nebraska, United States of America
Date
Jun 24, 1922
Page
8
Grain prices rise on modest demand as futures point to continued heat and drought concerns. Wheat and corn gain, oats advance, Kansas City quotes show No 2 hard wheat at 1.09 to 1.32, corn white 59 to 64 cents, yellow 58 to 60 cents.
Minneapolis Market data for June 23 shows cash wheat values for No 1 northern at 140 1U6 percent, July futures 1 274, September and December figures. No 3 yellow 54 58, No 1 white 34 44 per bushel. Barley and rye prices noted with No 3 rye and No 1 finz at 2 512.53.
St Louis grain reports show wheat July price at 1104 with September at 91.12 percent and corn and oats quoted with July and September figures. Minneapolis flour unchanged with bran at 17.00. New York evaporated apples firm and peaches steady while prunes and raisins show mixed movement.
Chicago June 1 market digest reports December corn and oats cresting best figures of the crop amid an upturn in grain prices since last Friday. Wheat, corn, oats, and rye futures show net gains with heavy profit taking at the day’s close. Bullish outlook cites hot dry weather in the Corn Belt and strong export demand, plus rising July and September contracts and larger than expected government forecasts. Cattle and hog markets show mixed but broadly steady tendencies with receipts large and demand supportive for select grades.
New York financial desks report a stock market dip led by a 7 point fall in Mexican Petroleum after officials began examining recent trading and location of the stock. Traders await course of investigations while overall turnover remains subdued and foreign exchange slides with the German mark hitting a low near 2.94 per dollar.
The Bee reports a firm bond market with high grade issues limited to small fractions. Liberty 4ths hit a new high, Atchison 4s led by 4 points, and Reading General 4s along with Missouri Kansas Texas issues posted moderate advances. Seaboard and Southern Bell Telephone lagged, while Maryland and other municipal bonds softened slightly.
Market reports from New York show curb bonds and dry goods trading steady with advances in standard domestics. Yarns and wool dress goods rise while staples and ribbons stay quiet. Coffee futures opened higher but softened, with overall trading subdued and scattered gains in imported fabrics and textiles amid unsettled freight expectations.
Receipts at St Louis and East St Louis total 16 000 hens steers cows bulls and calves steady with some declines on light yearlings and stockers. Hogs receipts 11 000 opened lower yet active with top at 10 80 and several weights around 10 50 to 10 70. Sheep and lambs 2000 head strong to 2c higher with top lambs near 12 08 and breeding ewes up to 7 00 8 00.
Kansas City market review shows cattle receipts at 860 head with steady tone. Steers offered around from 8.49 to low grades at 5 to 6 dollars. stockers and canners quoted 2 to 6.50. Heifers and miscellaneous lots varied, with weights 175 to 2230 pounds bringing 10.25 to 20.45. sows near 4.50 to 4.75. Sheep and lambs receipts about 1,500, natives steady to strong, top lambs near 12.60 with other natives slightly lower.
At St Joseph Mo cattle market receipts reached around 7 000 head with steers up to 8 40 and yearlings to 5 65 while calves opened 50 cents lower topping at 7 00. Sheep receipts about 1 500 with fat lambs rising to 25 50 26 50 and ewes around 3 50.
Turpentine firm activity shows 1.404c sales with 148bbin receipts 650 bbins shipped 27 bbins stock total 10TA bbe. Rosin demand steady with 947 casks sold 1.593 received 643 shipped and stock 70,940 cans. Quoted prices list FL 4.35 Ty 4.60 FE 4.90 G 4.95 HI 85.00 KK 4.40 M 5.0 N 5.70 WG 6.30 WW 6.90.
The report notes quieter belay and price shifts with July shipments up 132 cents for 3 ge row and freight. Only sale reported was 19,500 units at 9 percent for centrifugal, PhO hogs at 450 operators for second half duty. Futures show active but meh declines, with September 221e and December 520e. Refined War demand remains active. Cine granulated at 0.25 to 0.25, with fly rate one lot and futures up 10 to 25 points.
New York reports mixed spot grain prices with several grades steady or firm including No 2 red PL2hy and No 6 hard. Manitoba and mixed samples show varied values. Chicago butter market remains active and firm with high grade 87 and 89 scores scarce. demand for 8 9 score cars is excellent and contracted deliveries influence prices.
New York metals market reports copper steady for electrolytic spot and futures, tin steady for spot and nearby deliveries, and lead steady with slight price range. Zinc quiet with near term delivery prices noted.
A garbled OCR style fragment appears to describe a trade or weather related event with scattered names and numbers. The text resembles a damaged historical notice with unclear entities and no coherent actions or conclusions.
A garbled market summary notes potato trading, regional market activity in New York and the South, with references to prices, declines, and regional names such as Savannah and Houston. The text mentions July, a market day, and various places, but specifics are largely unclear due to OCR errors.
June market notes from Kansac cy show poultry unchanged for eggs and hens while broilers and roosters have minor variations. Reports list poultry categories with limited clarity on exact prices and quantities for the day.
A fragmented OCR note from New York London and New York again lists poultry items, prices, and dates in June and July. References to broilers fowls dressed and various monetary figures appear amid stray terms and misread brands, offering minimal cohesive market details.
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