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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Aug 25, 1917
Page
10
Chicago reports corn prices erratic Friday yet closing near day’s high amid weather sparks. December and May corn near 1 point gains as wheat also climbs while oats ease. Provisions mirror hogs, with broad activity across Minneapolis and Chicago car markets and weather-influenced trading cues.
From St Louis and Chicago reports, hay sales show timothy at around 21.25 and alfalfa near 22.30 with steady prices overall while clover and prairie remain scarce. Wheat car quotations near 7 per ton east of Alda and 7.50 track Chicago, with mixed hay prices for August readings in Chicago markets.
Toledo market notes show Clover seedtime cash at 12.17 for October and 12.20 in December with near term March at 13.0, plus Timothy cash at 4.00 to 4.02 in September and October, while old Timothy trades around 4.75. Chicago rye futures list Farley at 1081.20 and Timothy at 4.50 to 7.50, with Clover at 18.80 for unspecified contracts.
The report says cool western temperatures slow corn growth, lifting cash corn as shorts cover. Old corn stocks are sparse but farms hold remaining stocks until frost danger passes, keeping the bear case weak until the new crop nears maturity. Oats are broadly bearish as threshing raises yields while elevators fill at higher prices.
The Friday livestock quotation fell one dollar from the prior day as hogs traded to a top price of 17.15 dollars, down about 31.90 in three days. Farmers crowded the market with wheat and oats threshed, hay sold per ton, and corn and oats bought by the bushel as market activity rose despite lower hog prices.
The listing shows prices paid for hay grain and mill products, with No. 2 wheat at 2.05 and corn 1.40 to 1.50, oats 0.60, baled straw 3.00, timothy 20, alfalfa 14, and mill products including high patent flour 12.80 city, straight patent 12.00, and various feed and meal prices. Hog prices for weights 140 to 260 pounds range from about 15.15 to 17.15, with pigs 12.65 to 13.49, and mixed livestock quotes for calves, steers, heifers, and cows. poultry and butter bids are also listed along with hides and other market items.
Local market listings show Hornes-Fant consignments priced per head with drafts and mules for sale. Heavy draft mules and various hand sizes listed with prices ranging from $150 to $200, denoting strong regional demand amid limited stock.
New York aug 25 Stocks broadly recovered from earlier uncertainty with gains in rails and metals as oil shares and other commodities rose on expectations of continued price fixing. Signs of improved Russian credit eased pessimism while final prices remained irregular amid profit taking and heavy short covering in a 440000 share day.
Chicago market figures show hog receipts 8,600 with hog prices mostly $1 lower, cattle receipts 2,100 with steady native beef cattle and steady stockers. St Louis and Omaha also report mixed gains and declines in hog and cattle prices. Kansas City lists hogs 1,500 with lower bulk and cattle steady to strong. Sheep across markets show varied receipts and modest price movements.
Market data shows butter, eggs, poultry, potatoes, and sugar across major cities. Chicago and Kansas City report mixed butter and egg prices with varied receipts, while New York lists steady butter and egg quotes and futures for coffee. A final line notes a wry saying about appearances versus disappearance.
United States Department of Agriculture officials urge seed treatment to combat smut in wheat and rye. They estimate annual losses of 27 1/2 million bushels of wheat and about 1 percent of rye. Formaldehyde seed treatment costs under 5 cents per acre and could greatly increase next year’s harvest despite possible seed damage.
In Columbia Missouri a cooperative state effort last year kept Hessian fly under control. University of Missouri findings by T J Talbert show fly control measures are practical and beneficial with unfavorable winter conditions. Reports indicate Missouri wheat yields compare favorably with neighboring states and late seeding on good seedbeds improved outcomes.
Dun's review says regulation of commodity prices dominates many industries and securities markets. Buyers withdraw to seller concessions amid price changes, especially in steel and iron. Waiting to contract persists though abatement of rush improves conditions. Weekly bank clearings reach $4,665,531,194.
Mexico City announces new government taxes on oils minerals alcohol tobacco and matches. Under secretary Rafael Nieto says the measure will raise about 000,000 pesos yearly for state coffers.
A small group of Japanese motor enthusiasts, inspired by last year's American polo visit, have organized a series of exhibitions in Tokyo. They have secured a large playing ground for public demonstrations.
Springfield Ill Aug 25 An order from Chief Veterinarian A T Peters of the Illinois Department of Agriculture imposes strict rules on hog movement within the state to curb hog cholera. Swine may not leave stock yards for Illinois points except for immediate slaughter unless immunized with serum or serum and virus and disinfected with cresol and held six hours in noninfected pens under quarantine permits. Hogs not under quarantine may be shipped if immunized per US Bureau of Animal Industry rules. Quarantined swine must be isolated for 35 days with weekly health reports.
Clyde Metz departed for Toledo Ohio followed by visits from relatives in Peoria Detroit Springfield Terre Haute and Quincy. Local residents attend an institute in Mt Sterling and a Methodist fish fry. Several families travel home to Falls City Nebraska Seattle and Chicago with updates on nurses in training.
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