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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Apr 10, 1920
Page
7
Chicago April 10. Widening railroad strike and stronger breadstuffs demand push grain values higher. Corn up 1 to 2 cents, oats 1.5 to 3.5 cents, provisions down 20 to 47 cents. Bulls link strike to scarce terminals and delayed deliveries. Wheat outlook boosts by Washington crop report. Market data and quotes follow.
Chicago prices show mixed corn and white oats and hard wheat values with various grades. St Louis and Minneapolis report mixed quotes for corn and oats, while Peoria notes unchanged corn prices and Kansas City lists cash wheat and corn ranges. New York spot prices for wheat, corn and oats appear firmer, reflecting broad market activity.
Alsike prime cash and April at 31.50. Timothy prime cash with 1917 and 1918 figures 5.70 1919 5.80. May 5.774 percent Sept 6.10 Oct 6 Dec 5.30.
New York markets show butter and eyes prices rising with creamery butter 72 to 92 percent and eyes around 43 to 45 cents a dozen. Chicago reports lower butter with unchanged eyes and live poultry prices, plus potatoes steady in cars and bulk. New York raw sugar at 13.65 cents per pound and fine granulated at 15. Coffee spot quiet with futures around 15 15 1/2 cents per pound.
In New York Easter holiday filing quiets some retail areas yet overall demand remains strong with heavy mail orders. Wholesale jobbing manufacturing show improvement driven by broad commodity demand and housing needs spur faster building, despite higher labor costs and material scarcity. Weekly bank clearings reach 8,112,274,008.
Final liberty bond prices listed for New York on April 10 include 3%5 at 96.82, first 4s at 91.50, second 4s at 89.00, first 4448 at 91.30, second 4448 at 90.6, third 4s at 92.40, fourth 4% at 93.4, and victory bonds at 97.56 with 45 cents at 8.
New York stocks opened under a cautious mood as traders weighed the railroad strike impact. The session saw volatility with gains in steels and motors, but a sharp near close as call loans rose to 10 percent. Bond activity weakened and pool trading dominated, with Liberty issues leading the decline and totals around 1.2 million shares traded.
Livestock market notes from Chicago and East St Louis show hog, cattle, and sheep receipts with prices across weight classes and packing segments. Also includes New York money, exchange rates, government bonds, and cotton futures as of April 10.
Knollenberg Milling lists prices for wheat rye oats and corn with feeder hay and straw values. Quotations for hogs poultry eggs milling products hides and animal byproducts from local brokers are detailed with weight grades and per unit prices.
On Friday corn sold up to 1.60 per bushel and oats to 0.97, with several loads at 1.55 and 0.95 respectively. Hay and straw moved heavily with multiple loads priced 26 to 39 per ton, while hogs down 60 cents per 100 pounds, eggs at 33 cents per dozen and poultry market weak amid railroad embargo effects on local trade.
New York on April 10 the cost of living in the anthracite mining fields rose 95 percent since 1914 while mine wages increased 498 10 percent. Representatives of the miners at a sub committee meeting on a new wage agreement submitted figures and family budgets showing annual necessities cost 2112 dollars.
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