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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Aug 08, 1917
Page
10
Chicago markets show corn futures steady after rains raised yield hopes but smaller offerings limited gains. December corn around 1.16, oats weaker, wheat up modestly. Hog prices boosted provisions briefly before selling cooled advances. Car-lot and receipt figures for wheat, corn, and oats listed with daily changes and totals.
Western markets report wheat and corn prices across St Louis Kansas City Peoria Chicago and Omaha with No 2 red wheat around 2.50 to 2.60 and No 2 yellow corn near 2.27 to 2.28 while oats vary near 0.72 to 0.76. Local milling prices list flour and meal rates and hog cattle and poultry quotes follow standard regional pricing.
Long Commission Co s Daily Market Letter reports scattered rains across the west and southwest causing bearish sentiment and initial selling in corn. Prices rebounded slightly later, with a firm undertone in cash and futures though cash demand remained moderate. Anticipation builds for today s government report cited as potentially bearish due to surplus states compensating southwest deficits and moisture shortages. Oats trading showed overdone selling early, then firmness as threshing returns exceed early estimates. Government yield forecasts may exceed July first figures, offset by farm reserves below normal.
The local live stock market Tuesday held hog prices steady. Two loads of new orts sold for 65 cents a bushel and a load of corn brought $2.15 per bushel.
In Chicago on August 8 hay and straw prices and receipts are listed with timothy at No 1 about 17.60 to 18.50 per unit, No 2 lower, and straw around 11 to 12 per unit. Receipts total 530 tons with shipments of 104 tons noted as scarce hay supplies. A stray line mentions a comet being as big a nuisance as corn.
New York stock market showed unsettled trading as talks of new financing by leading firms and a cut in Studebaker's dividend raised uncertainty. Bethlehem Steel fell 4 to 1st, U.S. Steel down modestly, and war-related issues slipped. total volume reached about 440,000 shares with activity in tobacco and sugar pools.
Hogs receipts across Chicago St Louis Omaha and Kansas City show mixed to higher trends with bids ranging light to heavy. Cattle receipts at these hubs reflect steady to stronger prices for native beef, western steers, and stockers while calves and cows show varied demand. Sheep demand appears unsettled with lambs and yearlings trading around mid range, reflecting regional market volatility.
Butter creamery prices rise with firsts and seconds noted in Kansas City and New York. Eggs firm with high firsts and extra firsts. poultry prices mixed. Raw sugar, coffee futures steady. varied regional quotes for butter eggs and poultry reflect unsettled market conditions.
Secretary Redfield urges increased inland waterways to haul war traffic. Walter Parker, head of the New Orleans Association of Commerce, tours the lower Mississippi, Kentucky and Ohio rivers to spark river freight transport. He is a special assistant in this effort. Cities on waterways should promote water transportation for their own benefit.
Hancock county progresses with draft numbers as 454 first numbers are called for physical exams to meet a 227 quota in Carthage. Monday saw 152 arrive with families, while doctors and an exemption board handle examinations and delays. Wednesday plans finalize totals to fill the quota amid exemption claims. Also noted are tax judgment payments by the C B Q railroad and Earl W. Wood’s appointment to the state association executive committee.
Marion County records from Palmyra note Nellie Coleman petitions for her son Harold Coleman a boy under 16 to be committed as incorrigible. The court ordered placement at Booneville informatory until age 18 or discharge and approved a $250 old school fund mortgage release. Also approved licenses to keep dram shops in Hannibal for six months and listed various bills and disbursements, including care for prisoners, jail costs, and road and county expenses.
Aunt Roxy, a seasoned produce peddler, bundles berries eggs and poultry for weekly Newport trips. She meets Reuben, a former beau returns home after years away, and they joke about age, romance, and rebuilding their lives together in a shared future.
Adams county farmers report an exceptional oats crop with ideal weather boosting yields across the midwest. New oats sell for 58 to 60 cents a bushel as farmers begin to profit. An eight acre field near Golden, W. J. Carlin, averaged 98 bushels per acre and other Golden reports indicate 40 to 90 bushels per acre.
Quincy s Popular Hotel offers new decorations furniture and cafe barber shop ice cream parlor and large rooms with showers tubs hot and cold water and telephones in rooms. Rates 60c 75c and 1.00 with both 1.25 and 1.59 options.
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