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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Aug 26, 1919
Page
10
Chicago price action showed corn fluctuating with early losses, a mid session bulge, and a late rally to near day’s highs while oats drifted. futures closed with corn up about 1.5 percent. Domestic demand aided oats. provisions eased as grains softened overall. Northwest and Chicago car lots revealed mixed receipts and shifts in grain movement.
Prices paid for hay and grain include new and old wheats, corn, oats, timothy and clover hays, straw, and milling products. Poultry, hogs, cattle, hides, wool, and meats quotes from local brokers accompany diverse farm commodities and market reports with New York stock movement and bond signals elsewhere.
New York reports mixed dairy prices with creamery and extra items steady to higher, packing stocks current, and notable receipts. Sugar futures hold steady with a range of refined and powdered offerings. Chicago notes lower butter and higher poultry, with potato and grain movements, plus regional price points for Irish and California lots.
Monday opened with weaker hogs by up to 25 cents per hundredweight. Hay and grain offerings were sparse with prices holding firm. Two baled oats straw loads sold at 10 dollars, oats at 76 cents per load, corn at 2 dollars per load, and timothy hay at 30 dollars per load. No other market changes reported.
East St Louis market report lists prices for livestock and draft goods. Eastern chinks and Southern horses are quoted with varying charges and adjustments. Mules ranging from four to seven hands fetch prices around two hundred dollars, with other items priced accordingly.
The report lists commodity prices and exchange quotes including cash prime grain, Treasury bonds, and railroad bonds. Notable figures cite New York mercantile paper rates, Sterling bills, and Liberty bonds with closing bids and various 4s and 3s series. Newark final prices show several Liberty bond series and victory bonds with recent closing values.
Chicago market reports show hog receipts around 23,000 with top at 21.65 and varied weights around 18 to 21. Acknowledges cattle receipts about 24,000 with ranges for steers bulls and calves, western ranges steady to lower, and sheep receipts near 39,000 with lambs down. Kansas City, Peoria, and St. Louis notes include similar price spreads and unit controls. Cotton futures in New York opened steady with October at 11.70 and March near 11.98 cents.
The market letter notes corn futures up while cash corn is 2 to 4 cents lower, with early covering by shorts and some strength from shorts. Oats lag behind, demand slow, prices down. Provisions dip sharply but recover as houses cover. stock market dull with undercurrents of government controls and feared labor unrest delaying a sustained advance.
Corn closed higher by about two cents as the market showed erratic behavior and limited volume. Oats traded actively yet mostly locally with mixed sentiment and ongoing bearish talk from Texas offerings weighing on cash and futures as traders await clearer price signals.
Market opens the week with varied quotations as U S Steel dips, General Motors slides then recovers on profit taking. Oil issues rise with news from Mexico influence. rails and tropicals show strength while grains and packing shares attract buyers. Strong metals, mining firms firm, and dividends expected to satisfy investors as road conditions strain equipment.
Hay markets report Timothy hay remains firm with unaltered demand for No 2 timothy and Clover mixed hay showing varied prices. New York price note says hoarding pressures ease as imports rise and costs of living pressure grows amid federal and state actions.
General James W. Penver, retired States Army officer and veteran Indian fighter, dies at his home after a lingering illness at age 73. Funeral arrangements are pending.
Washington reports that the Kenyon bill to regulate and license the packing industry could raise food prices. L D H Weld of Swift & Co testifies that the bill, based on faulty federal trade commission reports, would raise production costs and living costs. He argues packing profits are small and that the measure harms farmers and consumers while packers face unfair attacks. Weld defends Swift and notes efforts to counter criticism by forming the American Institute of Meat Packers and cites alleged errors by Colver and statements by Capper Kendrick.
A discussion centers on shipping cattle and whether sending market information by telegraph constitutes fair practice. Weld defends telegraphed shipment notices as proper market information, while a shipper suggests it could amount to collusion or unfair advantage. The exchange questions the potential for money loss and fairness in forwarding cattle priced at Kansas City.
An advertisement for Texas Wonder claims it cures kidney and bladder troubles including gravel diabetes and rheumatism in both men and women. It regulates children's bladder issues and is mailed for 1.25. One small bottle provides two months of treatment and often cures with testimonials available from Dr E W Halli St Louis MO. Sold by druggists.
Bold health ad claims blood purity prevents disease and lists conditions like rheumatism catarrh eczema malaria as linked to impurities. Promotes S S S blood remedy from Swift Specific Company with free literature and medical advice, Atlanta address.
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