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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Dec 21, 1915
Page
3
Wheat prices reach highs for the 1915 crop with December at 1.21 and May at 1.22 as a robust export trade, led by Britain, lifts Chicago prices. Corn and oats follow, supported by wheat strength amid cold weather and rising receipts. bats and pork, lard, and short prices move within narrow ranges amid steady demand.
Chicago wheat and corn prices by grade, including No 2 red at 1.2134 and No 2 white corn around 72 cents old, with further quotes from St Louis Omaha Liverpool Minneapolis Peoria and New York markets. Futures in New York were described as strong while oats and other grains showed varied spot quotes.
Chicago and several Midwest markets show mixed cattle hog and sheep trends on December 20. Cattle receipts in Chicago near 23 000 with native beef steers around 7 to 8 dollars, cows and heifers near 5 to 10 dollars, calves up to 9.50. Hog receipts about 16 000 with mixed and butchers 6.45 to 6.80, sows 7 to 7.85. Kansas City and East St. Louis also report steady to higher or steady trading across hogs and cattle with similar price ranges. Sheep and yearlings generally steady with lambs around 8.00 to 9.60 in several markets.
New York money market notes show mercantile paper at 83 731, Batsilver 5434, Mexican dollars 0.42, and time loans at 24 3. Money on call ranged high at 2, low at 1 34, with closing at 1 34.
New York trading today focused on Mexico as investors rotated from European issues to Mexican operations. American Smelting and Mexican Petroleum led gains with Smelting up to 10314 and Mexican Petroleum at 9934, while general activity showed gains in metal shares and select war stocks. Total stock volume reached 410000 shares amid firmer foreign exchange and lingering London selling with limited impact.
Chicago and New York markets show butter creamery firsts and specials firm with varying receipts. eggs weak but steady by region. cheese steady with state whole milk. Minnesota Wisconsin Michigan white potatoes noted with mixed vehicle receipts. poultry unsettled and higher for some items. overall market tone cautious across cities like Kansas City and St Louis.
In St Louis on December 20 offerings of high grade hay showed modest action with one car clover mixed and two cars alfalfa selling at top prices. Overall demand was light and market slow though no quotable changes appeared in any grade. Clover mixed No 1 at 15.50, No 2 at 12.50. timothy No 2 at 13. No 1 at 16.00 to 17.50. alfalfa No 2 at 14. No 1 at 16 to 17.50.
Yesterday's market saw 31 loads sold locally while eight loads arrived from the country. Oats from Missouri sold at 35 cents and assorted crops priced between 9 and 61 cents per bushel or per ton with straw and hay values ranging from 5.50 to 13.50 per ton. The total sales matched the incoming load count.
The market lists No. 2 wheat at 1.10 dollars per bushel and flour at 6.46 dollars. Corn 58 to 60 cents, oats 30 cents, wheat straw 5.00 to 5.50, baled prairie hay 10.00 to 14.00, oats straw 6.00 to 6.50, shredded fodder 8.00, new loose hay 9.00 to 14.00, Alsike clover seed 9.00 to 10.00, new clover hay 7.00 to 8.00, crab grass 7.50, clover hullings 10.00, baled straw 6.50 to 6.00, clover seed 7.50 to 9.00.
Retail selling prices list from Knollenberg Milling Co shows high patent flour at 6.40, straight patent 6.20, hard wheat 6.40, bran 22.00 per ton, shipstuff 31.00 per ton, corn meal 200 per 100 lb, retail wheat 1.15, chopcorn 1.6a and graham 4.00 per cwt. Hog prices by weight: choice hogs 200–500 lb 6.05–6.25, 160–200 lb 6.15, 140–150 lb 5.70–5.95, 90–110 lb 4.85, roughy hogs 5.40–5.90.
Market notes show choice hogs averaging 200 to 250 pounds valued around $5,906.05 and other lots at 160 to 175 pounds about $5,380.00 while 140 to 150 pound choices bring roughly $5.65 per hundredweight. Rough heavy hogs quote near $5.20 to $5.90 and pigs 90 to 120 pounds around $4.50 to $4.75.
Local butcher quotations list prices for hogs light hogs at 445075.95 dollars, rough sows and stags 0.60 to 5.75, fat steers 5.50 to 6.00, fat heifers 35.50 to 76.00, pure cows 83.00 to 77 4.00, veal calves 6.00 to 75.06, bulls 3.00 to 14.00, spring lambs 6.00 to 7.69, and sheep 3.00 to 4.00.
Market figures list cured hides in several grades with prices from 15 cents down to 12 cents per pound for green hides. Horse values range from 1 to 4 dollars depending on size and condition, with glue, pony, tallow, and grease prices included. Wool pelts and yearlings show varied prices, while grading notes indicate values depend on wool amount and quality.
Chicago market note reports wheat gains as visible supply from Buffalo plus export demand support prices. Corn and oats swing with wheat strength. December corn down 4 and July up 4 as oats steady on bullish cables from Argentina. Provisions rise with hogs, and larger packing interests limit selling amid buying for rallies.
The St Louis horse market showed little activity on Saturday with few purchases of large drafts and riders by locals. French and Italian buyers were active in the supply lane but will pause until the new year while heavy shipments are awaited before holidays.
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