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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Aug 24, 1919
Page
3
Chicago and regional markets show a broad decline in corn cash prices with extensive country offerings and expectations that large Texas purchases would depress values. September and December futures ease, oats and pork markets also weaken amid mixed signals from foreign exchange and cash business activity.
New York market reports butter steady receipts 628 tubs cream higher than extra state figures. cheese and poultry prices steady or unchanged. Chicago notes steady butter and eggs with receipts 19 341 cases. Minnesota and New Jersey potato and onion quotes. St. Louis reports poultry prices modestly unchanged. general market activity across dairy and produce sectors.
Hay sold strong again on Saturday with two loads at 32 per ton and two more at 30 per ton. Five loads of oats brought 76 cents and two at 78 cents per bushel. One corn load sold at 2 and another at 1.95 per bushel. Hogs steady while hide and wool quotes fell in several places.
Notice from Adams County clerk certifies ballot colors for the Constitutional Primary on September 10 1919. Democrats are white Republicans are canary and Socialist is pink. Witnessed and sealed on August 7 1919.
Toledo market page fragment lists Clover Beed cash prices and dates for Oct Dec Mar including Alsike Frimea cash and Imethy Prime entries. Unclear items show cash values such as 20.25 80.80 250 and 25.45 with several future months. some figures are partially legible.
New York August 23 Cotton futures opened steady with October at 31.050 cents, December 31.05 cents, and March 31.45 cents. May traded with slight losses.
New York stock session was narrow and restrained with the smallest weekend total of the year. Strength came from speculative issues aided by pools and allied interests as Motors and related stocks led gains, while rails showed late strength. Volume 325,000 shares. weekly bank reserves declined by about $800,000 with loans down nearly $50 million.
Livestock market notes from Chico Chicago and Peoria dated Aug 24 show hog receipts around 8,000 at Chico with steady to lower bids, top $210, and various weight classes reported. Cattle receipts about 2,500 with mixed changes, sheep receipts 6,090 with mostly lower compare week ago. Peoria reports hogs around 800 with higher tops, cattle steady, calves steady, sheep for sale. Market notes include multiple regional bids, weights, and stock categories across cities.
Stocks surged during a brief Saturday session as pool activity pushed specialty issues to near record highs. General Motors rose to 241, Willys-Overland to 33, and gains spread through steels, tobaccos, and leathers.
Higher prices are looked for for the Big Five stocks. Buy them and hold for the dividends. Feeding the world will continue for a long time and these securities are in a position to participate in the earnings. Liberty bonds should not be overlooked. Prevailing discounts are all in favor of the buyer. Buy bonds and lay them away. All issues will be sell!l ink at par at maturing time. 5 New York curb is steady at the week end. Perfection the back to the dollar mark. It failed to cress the $1.56 and looks weak and lower. Industrials issues steady, mine reports still good and Caledonia and Fleeda holding very firm. Buy some of the bargains on this counter.
A September corn decline stems from Texas offerings and rising old crop receipts with early harvests. Weak export demand keeps prices lower while cash and deferred markets ease. Oats fall similarly as export demand disappoints and fall pastures limit feeding. Provisions open strong but end weak due to army meat releases and lower direct public pricing. Stocks show little strength aside from tobaccos and oils amid labor unrest concerns.
The grain markets reported sharp corn losses with broad liquidation and weak cash demand. Sterling exchange rose while weather in Kansas suggested drought impact, yet market sentiment remained overwhelmingly bearish. Oats followed corn lower, with cash activity mixed and dealers adjusting May and December positions amid expectations of carrying charges. Receipts for the week totaled 2 077 000 bushels for grain and 7 837 000 for oats, with rye and barley inactive as hedging pressure persisted.
St Louis Aug 24 The Timothy hay market stays firm with unsupplied demand for good No 1 timothy while medium and lower grades ease. Prices listed include No 1 timothy 33.3 to 33.5 for standard 20 34, No 2 26 28, clover mixed and alfalfa ranges, prairie and straw prices, and total investments exceed 369000 to 600s in American shoemaking with over 300000 wage earners employed.
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