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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Aug 12, 1919
Page
10
Markets at New York and Chicago show varied commodity moves with butter receipts and creamery values, egg and cheese figures, and live poultry and potatoes. Sugar and coffee markets in New York show steady refined prices and quiet spot activity with Rio and Santos quotes listed.
Persistent selling tied to a possible railroad tie up pressured corn and related grains. September corn fell to around 1.90 to 1.92 while December hovered near 3. The report cites wartime labor issues and rainfall as factors, with oats following the corn trend and provisions moving variably.
Hogs jumped twenty-five cents on Monday raising the top market price to about $21.70. Watermelons dropped from 4 to 3 cents a pound, pleasing fruit lovers. Oats brought 75 cents a load and 76 cents per bushel for four loads, straw at $30 a load, and hay at $26 and $28 completed the day’s sales on the city market lot.
Pricing for hay, grain, and milling products from Knellenberg Milling Co and local markets. Wheat and corn quotes across No. 1 to No. 6 grades, timothy and Clover hay prices, straw, oats, oats straw, and mixed hay. Also livestock, poultry, hides, oils, and farm feed items with regional rate listings and city auction quotes.
Chicago and other cities report hogs at top $23.10 for heavy weights and $21.25 to $23.10 for midweights. cattle receipts around 9,000 with beef steer prices $13.50 to $19.35 and calves up to $20. sheep receipts 10,000 with lambs around $14 to $17 and yearlings $9.75 to $12.50. Kansas City and Peoria also list higher hogs and cattle, with notable tops and price ranges across regions. Continuous market activity shows steady to higher trade with varied weights and stock types.
New York reporters note steady opening of cotton futures with October at 22 68 cents, December at 32, and January at 2.25 dollars, with near months edging to 2.28 dollars and a May bid around 32.350 cents.
Stocks opened strong on Monday in New York signaling a continuation of last week’s rally but reversed to mixed gains and losses. The downturn stemmed from a stronger money market and weak labor conditions. Call loans opened 6 percent, with higher rates most of the day. United States Steel fell from early gains, linked to Carnegie’s death though not widely supported. Rallies occurred in American Car and Pressed Steel Car, lifting 1 to nearly 3 points from mid-session lows. Total stock sales reached 975,000 shares as foreign exchange steadied and bonds stayed firm. Liberty bonds prices ranged across several issues with little change. Money market in New York showed mercantile paper at 5 1/4 to 5 1/2 percent, sterling at 60-day bills 4.28, government bonds steady, call money closing around 6 percent.
Farmers catalog lists light clover mixed prices of 29 30 for No 1, 27 28 for No 2. heavy clover mixed 28G129 and 26 27. clover hay choice 29 20, No 1 28 29, No 2 26 G27. alfalfa hay choice 35, No 1 34 38, standard 23 33, No 2 .28. prairie hay choice 26 27, No 1 24 25, standard 23 24, No 2 20 21. straw 9.50.
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