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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Apr 30, 1920
Page
10
Closing moves show weakness in corn amid elevator stoppages and rail strike worries. May corn slips to 1.72 and July to 1.63 while oats fall. immediate oats quoting at 1.10 per bushel, highest on record. Provisions ease with weaker meat demand. Banks wary and stock quotes heavy. rallies small and fleeting.
Chicago area commodity prices show mixed bids for No 3 yellow and No 2 white wheat with values near 1 7s per unit. corn ranges around 1 60, oats near 1.04, and hay and grain rates at area mills. Minneapolis and St Louis reports list further bids for wheat corn oats and ancillary feedstuffs with mixed regional shifts.
New York and Kansas City trading show heavy selling led by fears over a Congress plan to curb corporations from distributing six year war profits. Banks report higher discount rates, stock values slide across steels, chemicals, and sugar sectors, with Liberty bonds hitting new lows as the market closes in a broad bear tone.
Fifteen cents more were added to market quotations with steady prices in other markets. On the early market, offerings were heavy in hay and grain, with top prices prevailing. Two loads of oats sold for $1,059 per bushel, several hay ton prices ranged from $20 to $29, three loads of corn brought $1.60 per bushel, and baled timothy and baled wheat straw sold for $32 and $9 per ton respectively.
Chicora Illinois and East St. Louis Illinois report cattle receipts around 1000 to 1700 with steers mainly $12 to $13.50 and top $12.50, yearlings steady, cows steady near $4.50 to $5.50. Hogs around $14 to $15 with lights steady to slightly higher, lambs and sheep showing slow sale with prime lambs near $20.25 and ewes around $10.00. Market tone mixed as feeders remain firm in spots and buyers cautious.
New York markets report steadiness in butter and creamery products with high stock levels and varied firsts while dairy prices edge higher on creamery exports. Poultry remains mostly steady with live birds and turkeys showing limited changes as wholesale coffee and sugar markets reflect firm or unchanged conditions.
Partial OCR lists seed prices and months with various figures for items, including Prime cash amounts for April and October, and separate entries for Timothy Prime cash and TV17. Also shows April and Sept prices for Salon and Ort plus Dec values, with several unclear tokens and nonstandard spellings.
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