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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Dec 07, 1917
Page
3
Chicago reports indicate corn prices firmed as cold weather potential strengthens demand. Jan futures at 31.21 and May at 1.19 with oats and provisions largely unchanged. Market factors include weather, trader action, and occasional selling by inside packers.
Corn and oats prices mixed across Kansas City St Louis Peoria and Chicago with minor shifts. Hogs cows and sheep receipts and values listed for regional markets plus local farm product prices and wholesale mill offerings.
In St Louis on December 7, demand for timothy and clover mixed hay remains active for shipping and local needs. Prairie hay is scarce with high grades in urgent demand at premium prices. clover and alfalfa are limited. Out of 67 cars received, 47 were timothy and 11 were clover mixed, with ongoing local requirements being met.
Long Commission Co reports corn closed strong despite lower trade as late upticks in cats support. Oats hit new highs with December oats leading, transport issues noted. Stocks start strong on relief expectations but widespread belief in Congress delays dampens buying. Investors eye railroad stocks for safety amid regulatory rumors and moving Western car traffic policy.
Hogs continue soaring with prices advancing five cents in local market. Seventeen farmers attended the city lot as four loads of loose mixed hay sold at 242 dollars per ton and baled hay at 25 dollars per ton. New corn brought 1.10 a bushel, oats 0.65, and baled wheat straw 8 dollars a ton.
Nine workmen were injured in a gas explosion in the double hold of a vessel under construction at the Los Angeles Shipbuilding and Drydock plant in San Pedro California. The blast followed a gas supply hose being attached to an airpipe of a riveting machine and gas ignited by a hot rivet.
In Kansas City on December 7 a federal jury found ten defendants guilty of conspiring to obstruct the selective draft law. The verdict followed closing arguments and jury deliberation in the high profile case.
The Halifax disaster and possible federal price revisions triggered profit taking and some short selling on Thursday's session. U S Steel fell to 87% with broad declines among industries and utilities. total volume reached 465000 shares and Liberty 4% bonds moved in narrow limits.
St Louis reports poultry lower, butter unchanged, eggs at 12 to 43 cents, transit receipts light. Chicago notes eggs higher and potato prices. Kansas City shows butter creamery at 41 percent, fives at 44 and poultry lots. New York markets steady for sugar and coffee with firm prices and strong demand.
Early trading showed slight gains before profit taking pulled the market lower. Investors wait on potential government aid to rehabilitate railroads like Southern Pacific Union Pacific Reading Missouri Pacific and Wabash, which could lift transportation and industrial stocks if conditions improve.
Prices for high quality southern horses hold at top levels with army and civil orders paying up to 220 per head. Mules show steady demand for smooth fat cotton mules 15 hands and up, but thin trashy stock sells poorly. 60 percent more University of Washington students enroll in French this year while German starts drop.
Gen. Byng’s withdrawal to stronger positions on the Cambria salient proceeds in order. British front from Cambrai area reduced from about 18 miles to 10 miles with bases near Mouevres and Gonnelieu as German claims of reconquest arise. Berlin reports include 9,000 British prisoners and 148 guns taken. Ten day armistice for the Russian front announced from Berlin. Romanian denial of armistice and claims of no separate peace negotiations with the Central Powers also noted.
A message from PL Willoughby Smith, American consul at Tiflis, reports thousands of refugees from Armenia dying of hunger due to the overthrow of the Russian provisional government. He says $200,000 monthly is needed for continued relief and urges extending the American cloth manufacturing plant at Tiflis to employ needy labor.
A wry remark notes many men refuse to march with a brass band down the street due to not possessing a firearm. The line underscores themes of courage and resource in public procession.
A vintage style ad promises Q ban hair color restorer will give a natural dark shade to gray or faded hair. It touts a ready to use liquid formula, 75c large bottle, guaranteed harmless with money back if not satisfied, sold by Brown and Mars and general drug stores.
Ashington Dec 7 The senate committee draft declares a state of war between the United States and the Austro Hungarian government and authorizes full military and naval mobilization. The house plan sets the war effective from noon Wednesday. Debate to begin today by unanimous consent, with possible adjournment to Saturday if needed.
In St Paul a proposed general strike in sympathy with street car workers was abandoned with rail shopmen citing fair treatment by railroads. J G Brown urged restraint and 90 percent car service remains. Gov Burnquist denied federal officials would intervene soon. no new communication from Secretary Baker after拒绝 federal mediation.
Col. E. M. House hosted a luncheon for French ministers and officials including Pichon, Klotz, Clementel, Camban, Chambrun, Hanotaux, Crosby, Cravath, and Tardieu. Gen. Petain and Gen. Pershing visited. Bliss went to British HQ to see Haig. Benson toured naval bases.
Edward Wheed, tied to a payroll robbery and sprees of holdups, was found guilty of murder and sentenced to hanging. Accomplice Charles Carrao received an indeterminate manslaughter term and Walter Therien was convicted of murder and given life imprisonment.
Washington reports a further rise in regular army recruiting with 2,796 men accepted on Wednesday, bringing total war volunteers entering regular service since April 1 to 276,884.
Charles M. Schwab and Eugene Grace of Bethlehem Steel pressed for advance payments on government munitions and related fixed price contracts. They argued banks lack funds to expedite deliveries, while government already offers up to 30 percent upfront on cost plus contracts. Navy destroyer work not affected.
James Mori of Burlington Iowa and nine other businessmen including M S Willing of Chicago volunteer for American Red Cross service in France. They will serve without salary and pay their own expenses in response to a cable request from Major Grayson M P Murph, Red Cross commissioner to Europe. No opportunity is every as yours that you didn't take hold of and make good with yourself.
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