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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Apr 27, 1918
Page
10
Chicago April 27 The corn market rose on expectations of reduced plantings and inclement weather. May corn neared 1.27% to 1.27% and July around 1.53 with oats steady to modestly higher. Provisions fluctuated, Belgian orders offered support, and demand lagged in the East.
Long Commission Co reports corn prices sharply higher during a curtailed session to permit brokers and employees to attend the Liberty loan parade. Favorable cash demand, seed quality fears, and reduced acreage outlook buoy grains, with July leading. Stocks rise on steel strength and looming Allied victory hopes.
Chicago and multiple markets report cash corn and oats prices by grade. No. 2 yellow and white corn range from about $1.58 to $1.78, with No. 6 yellow around $1.30 to $1.40. Oats and Kaffir corn notes appear with varied bids, while futures in St Louis and New York show nominal spreads and prompt shipment pricing.
In quiet trading, indices showed narrow price movement with firmer undertone. Advancements appeared in leading industrials while equipment and copper stocks attracted buying. mining issues stayed muted though silver shares drew attention over potential government price fixes. A stray line notes a rumor about a shady character.
Oats fell by one cent on Friday markets while Mowls rose to 19 cents and eggs climbed to 30 cents. Hogs advanced six cents on the livestock market. Eight wagon loads of farm products arrived at the city yard with two loads of loose hay at 20 dollars per ton and one at 19.59. Two loads of corn sold at 1.46 a bushel and one white corn load at 1.65 a bushel. Two loads of oats sold at 1 cent per bushel.
Prices paid by the Innvlleuverg sinking company for hay grain and mill products, plus livestock quotations from the C, B, & QQ yards. Includes corn, oats, straw, mixed hay, clover, timothy bay, bran, meal, and various hogs, cattle, sheep, and poultry prices with weights and ranges. Also lists hides and pelts values and general market weakness.
Chicago hog receipts total 20000 with prices from 15.85 to 17.65 and cattle receipts 5000 with native steers 10.10 17.35. St Louis hogs 5600, cattle mountings near 11.50 to 17.10. Kansas City hogs 5000, cattle 2000. Omaha hogs 11700 receipts, cattle 3800. Sioux City hogs 5599. St Joseph hogs 3500. East St Louis hogs 6000. market trend firmer with varied prices across regions.
Toledo April 27 reports cash prices for clover seed with prime cash quotes: Clover cash 40. Alsike cash 15.26 Oct 15. Timothy cash old 3.80, new and April 3.85, Sept 4.50, Oct 4.30. Prices reflect seasonal shifts and payment timing.
Rye and barley market notes list Rye No 2 and Barley at 1 dollar, with fEO 186 Timothy at 5 dollars and Clover at 1e Ges. The text also includes a domestic proverb about a dutiful husband staying home to care for the baby while the wife shops.
In a shortened New York session to honor Liberty day, stock trading held to the morning window with firm to strong fundamentals. Low priced issues attracted pools with 1 to 2 point gains, led by Superior steel, Malting preferred, corn products, and Philadelphia company. Gulf States Steel slipped 6 points from a prior rise as Italian exchange weakened. total trades about 150,000 shares. Bond activity remained steady with no major changes.
New York reports butter steady with creamery higher than extras at 44 percent. Ergs steady with fresh gathered extras at 38 percent and firsts at around 36 percent. Cheese steady with state whole milk flats and fresh runs. Potatoes and poultry show mixed but generally unchanged. Chicago notes butter unchanged and eggs lower with various packing details. St Louis reports fresh firsts at 21.60 per dozen and duck eggs at 32. Raw sugar in New York steady with centrifugal at 6.00 and refined near 7.45.
The map shows German advances between Armentieres and Hazebroock as they push toward Dunkirk and Calais. It notes British lines retreating to the coast, the German position about twenty four miles south of Denmark and thirty seven miles southeast of Calais, and the sixty one mile channel distance to Dover. The text explains the German aim to split British and French lines and encircle the British in northwest France while keeping the French north of Paris.
The report lists live poultry quality declines by category, with fowls at 26 percent, spring chickens 31 percent, cocks and stags 18 percent, and turkeys showing 27 percent for hens and 23 percent for toms. Duck and goose losses range from 8 to 22 percent, while 1918 springs priced at 1 percent per pound and guinea chickens at seven dollars per dozen.
Hides in dealers hands may be seized by the government at a future fixed price. The report lists current receipts less tare for various hide types including wet salted round bull stock and dry flint and uncured hides. Prices cover No. 1 and No. 2 horse hides with mane and tail, hog hides, sheep and goat pelts, and glue and stock grades by weight and type.
St Louis market reports steady demand for good No 1 timothy and choice timothy at 27 to 28 dollars. Medium and lower timothy grades are oversupplied and slow. Prairie hay choice fetches 19 to 20 dollars, No 1 17 dollars, No 2 10 to 13 dollars. Alfalfa choice 26 to 27 dollars, No 1 about 24 to 25. Straw priced 6.50 to 7 dollars.
East St Louis report notes a fair auction supply of horses with lighter trading than last week. Prices for heavy draft and eastern mares eased while southern horses ranged from 99 to 150, common stock 40 to 70, with mules selling between 90 and 280 for various heights.
Bradstreet's reports that war work boosts expansion while shortages high prices money limits and credit restrictions hinder movement. Third Liberty loan campaigns attract small investors but dampen retail trade. cold weather slows farm work and seed growth. Yet wholesale activity remains strong as government income boosts munition and shipbuilding spending. Bank clearings total $5,137,637,000.
Carthage area news reports Miss Mamie Bess and Lester Mapes, both on furlough from Camp Dodge, married in Hamilton after not reaching Keokuk before the registrar closed. Mapes, son of Frank Mapes, taught prior to service and now instructed at Camp Dodge, with a 15 day furlough. Mrs Mapes returns to Hancock Bank after a ten day break.
Noyes and Weems of Newark along with Mrs Henry Webber returning from visits to Bushnell Monmouth. Mrs Clyde Ervin visits Indianola Iowa. Miss Eva Robinson from Quincy spent Monday with Mrs Robert Compton while acting stenographer at Hancock County National Bank. Carthage High School alumni annual meeting decides no senior class banquet this year. dues funds redirected to Thrift Stamps. Otis Wood serves as treasurer.
Washington April 27 German submarines have been landing guns food and munitions on the coast of Tripoli according to an official dispatch from France. The dispatch details flow of war materiel to northern coastal areas and signals intensified submarine activity in the region.
General Nivelle, former commander in chief and now directing North African forces, says the Tripolitan coast defense against German Turkish incursions is well consolidated. He notes French recruiting of friendly natives continues, promising strong soldiers in six months.
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