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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Aug 28, 1919
Page
3
New York coffee market showed quiet activity on August 28 with firmer bids. Prices for spot coffees stood around 201 and Santos 4s traded at 29 to 29 1/2, reflecting slight demand despite overall calm.
Chicago market notes show grain and provisions prices weak as widespread industrial unrest and looming strikes drive bearish sentiment. Corn led the decline with futures around 1.78 to 1.79 and 1.405 to 1.40 for December, while oats and pork lard and ribs also slipped despite mixed buying activity.
New York reports mixed dairy prices with butter creamery firm at 56, firsts 58, and extras 52 to 66 cents. Fresh receipts 22,196 with extras 66 and 52 percent. State milk specs show varied current makes and average runs around 29 to 30. Chicago notes higher butter creamery 40 9 4 and eggs unchanged with receipts 8,575. Poultry and live stock mixed with fowls and broilers quoted, turkeys 43 to 49, and Minnesota and Wisconsin car lots listed for butter, cheese, and oats. St Louis reports poultry steady with butter unchanged and linseed oil and cotton seed oil prices steady at regional quotes.
Local market prices list hay and grain quotes from Knollenberg Milling. Entries include new wheat, corn, timothy and alfalfa hays, oats and straw, and mixed hay, with unit prices and variations. Also posted are livestock, poultry, dairy feeds, hides, wool, and fruit and vegetable quotations, with ranges and per-unit costs.
Liberty bond values listed for NRW YOUK on Aug 08 show final prices near 99.90 for the 1st group and varied readings across series. Notable figures include 94.24 for first Ya, 92.30 for second 41s, 94.86 for third 44s, 98.06 for fourth da, and 99.60 to 99.40 for victory series.
The fourth annual ram sale under the National Wool Growers' association opened in Salt Lake City on Tuesday. The top ram from Bullard Brothers of Woodland California sold to Charles Kimball of Hanford California for 1450 dollars. Clerks ante agents and accountants will find good positions in The Whig Want Ads.
The local hog market continued downward Wednesday with 40 cents more lost, price at 19.80. In other listings, hay sold for 32 dollars per ton, loose oats 76 cents per bushel, baled oats straw 10 per ton, corn 1.98, and turpentine rose to 1.38 per gallon in barrel lots.
St Louis August 28 Timothy hay continues firm for top timothy grades with strong demand for wood hay as offerings are light. Medium grades quiet, low grades weak. No. 1 timothy priced around 81 34 with various standard and No 2 quotes. mixed hay and clover also listed with several price ranges. Alfalfa and prairie hay shown with multiple standard and No 1 quotes.
The listing shows prices for Clover seed with Prime cash at 30.0, Oct 30.30, Dec 29.15, and Mar at 24.80, Oct 28.05, Dec 25.26. Timothy seed is priced Prime cash at 5.40 with current 5.40, Oct 5.80, Dec 5.17, and March 5.10.
New York trading opened weak on labor tensions after rejection by railroad shopmen of President Wilson’s offer and Chairman Gary’s refusal to discuss with organized labor. Stocks recovered briefly, then fell to intraday lows amid Gary’s letter and broader uncertainty. Bonds held pace with stocks as rails and motors faced selling. overall volume reached about 735,000 shares.
Hogs receipts around 17 000 Chicago and about 20 000 expected today. Prices range heavy hogs 18 25 to 21 10, sows 16 50 to 18 00. Cattle receipts 11 600 with slow trade, calves steady. Sheep receipts 90 000 with lambs lower by about 50c. East St Louis reports weaker hogs and mixed cattle, Kansas City shows 50c lower hogs and steady cattle. Peoria notes hogs down 1 from yesterday, cattle steady. New York money and rates follow. note on queen bee swarm references.
Market letter notes railroad strike fears and car shortages with September congestion. Corn weak, oats firm yet unable to rise, and cereals priced high versus normal times. Provisions see lard selling, late rally from shorts, hogs down $1 with 14 000 cars carried over. Stocks sidestep wage disputes as labor unrest looms, leaving traders cautious and a limited trading market ahead.
The market opened with profit taking and declines led by steels while talk of a strike vote on August 30 weighs on prices. Rail issues like Union Pacific, Southern Pacific, Atchison, Canadian Pacific, St Paul and Rock Island are favored for dividends and speculative gains as grain movement continues. Tobacco and leather shares show upturns. copper and oil swing with the market. Buy on weak days and hold for gains, urging caution on packing houses and liberty bonds.
The market notes suggest buying on any setback as bonds may sell at or above par at maturity. Broad Street curb draws attention to mines and oils while the general situation clears. Recon structive issues gain strength and Caledonia and Hecla maintain solid performance. Returns look favorable and satisfactory. Buy these.
Grain markets showed continued bearish sentiment with narrow trade and little outside interest. Corn led losses with a roughly 1 cent drop in deferred futures amid sparse cash movement and selling by commission houses on rallies. Oats stayed weak. rye weakened on scattered liquidation while hogs and stocks faced mixed, pressure-filled trading and a looming strike impact on railroad logistics.
Chicago Aug 27 The National Retail Jewelers' Association abolished the custom of engraving wedding rings and other jewelry free of charge. High engraver wages and scarcity of help were cited as reasons for the change.
An advertisement promotes Miro Pile Remedy as a lasting cure for piles, claiming external remedies fail and surgical removal only creates new formation. It asserts chronic cases 20 to 30 years old heal in three to ten days with a few doses, and notes Pile Ointment for accompanying non true piles.
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