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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Aug 04, 1917
Page
10
Chicago reports mixed and unsettled trading as wheat declines and corn shows modest gains amid light rain hopes. Oats weaken on selling, hogs boost provisions with cautious support from peace talks reports. Traders eye winter wheat selling, with large holders unloading and limited Miller participation.
Wheat quotes shift across St Louis Kansas City Chicago and Minneapolis with No 2 and No 3 red and white grades ranging from about 2.23 to 2.64 per bushel. Oats corn and barley prices listed. hay and timothy values noted. A stray line jokes about a hypothetical bank project delay if Noah had used a government contractor.
Long Commission Co report notes corn trading irregular as early gains faded with late-day discounts. Cash corn remains very strong with prices around twice futures, No. 8 yellow trading about 8 cents over December for 60 day shipment. Oats show rapid September delivery premium over December but retreating on profit taking. demand for old oats remains robust and farmers' consumption may rise this year.
The price of wheat and hogs remained steady on the local market Friday as nine farmers appeared at the city lot. Hay and oats sales are listed with various loads and prices: two loads of new loose hay at 12 dollars per ton, timothy hay at 14 a ton, bated hay at 15 dollars, oats at 68 and 60 cents per bushel for new, 70 cents for old.
A dense market listing shows hay and straw prices, new and mixed hay, alfalfa, linseed meal, and various mill products led by high patent flour and wheat flour rates. It also covers hogs and cattle quotes from western stockyards, poultry rates, hides, pelts, and livestock values, with remarks on dairy and feed items.
New York on Aug 4 reports the third straight session of higher prices with heavy trade in steels and war goods. Rail stocks and shipyards gained while gold imports resumed with Canada sending 6 million dollars. Sizable volume of 435000 shares traded as Anaconda, U S Steel and other big names moved, with a firm undertone evident despite profit-taking.
Chicago markets report hog receipts about 16 000 with firm appetite and prices ranging from around 14.50 to 16.40 for various weights. cattle receipts near 3 000 with native beef cattle and western steers priced between 4.30 and 11.60, calves to 13. Cattle and sheep activity mixed across St Louis Omaha Kansas City with varied gains and steady to higher tendencies across hogs and cattle. prices listed for each region and class with highlights on bulk sales and key medians.
Market notes show creamsery and dairy items with modest gains and unsettled poultry. Butter expires near 40 to 41 cents, eggs receipts rise to 9 343 cases, potatoes higher with Virginia and home grown prices listed. Poultry remains unsettled with slight rate shifts in fowls and springs.
New York August reports say business is rapidly adjusting to war needs and generally satisfactory for midsummer. Even so civilian demands lag behind government needs, but fundamentals remain favorable with optimism for fall trade. Industrial lines show little summer shutdowns despite localized labor unrest. Weekly bank clearings total 6,626,574,000. An odd desert note observes many animals surviving far from visible water in the Southwest.
Aug 4 in Carthage Miss Barbara Levitt attended the wedding of Miss Madge Campbell to Ben Edgar Holroyd of Steubenville Ohio in La Harpe. The newlyweds plan to go to China as missionaries. Numerous local residents and relatives were mentioned in social notes including visits, travels, and family news across nearby towns.
The University of Illinois dairy section warns August and September are lean for milk due to heat dry pastures and flies. It recommends summer silage or soiling crops as green feed, with silage being cheaper and easier, plus crops like corn soybeans cowpeas millet and alfalfa as supplements to maintain milk production.
Illinois farmers overlook soil moisture for wheat though it governs yields. Storing summer rainfall requires surface loosening and frequent harrowing to reduce evaporation. Vegetation causes major moisture loss, with crops using about 400 pounds of water per 1 pound dry weight. Suggests feeding dairy cows with green feeds and modest grain, and emphasizes arranging winter hay purchases in August for alfalfa or cowpea hay.
Boulware Calvert and his son Casper along with William Calvert have volunteered for aviation training in the U S Army and departed for a Texas training camp. They hail from Warren township. Meanwhile local youths attended a Boys State Fair School exam in Palmyra for Sedalia September events. Draft list recheck delays notices and exemptions.
German food experts report that a dead pig is better than a live one during war as pigs consume major foodstuffs. About half of Germany’s pigs have been killed, yet cattle numbers rose by about 100000 since March 1. Pigs breed rapidly and many sows were spared, ensuring future resources.
Miss Maude Ogden returns from Peoria and Chicago after a week visiting relatives. J S Hoyt comes back from St Paul after ten days away. Local families host and visit, with trips to Chicago Rock Island Quincy and Mt Sterling for business and races. An observatory note adds clocks kept deep underground to stabilize temperature.
Palmyra Aug 4 The Rin hart ranch on the site of old Marion City is a busy threshing hub as 65 hands and 40 teams operate three machines. Six days in, 17 000 bushels threshed with 12 days more planned to finish a 50 000 bushel crop. No 2 wheat yields run 24 to 27 bu per acre. Next 900 acres of nuts to be threshed at 40 to 60 bu per acre. Also notes on other local activity and council actions.
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