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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Dec 30, 1919
Page
10
Chicago December 30 market notes corn futures firming on a sudden wheat lift in Canada, with January and May contracts higher, oats up, provisions mixed, and signals of export demand. Canadian price moves buoyed overall grain and livestock outlooks across trading centers including Minneapolis and Kansas City.
In New York on December 30, call money swung from 12 to 25 percent and back to 15 percent as the stock market faced a broad decline. Traders cited tighter money, weak railroad earnings in November, unstable foreign exchange, and a Bank of England report showing lower liability reserves. The day saw multiple two to six point losses and renewed calls for higher commercial paper rates.
Grain and stocks report shows corn opening low with slight buying and short covering. Oats firm on strong export activity with expectations of higher prices. Rye and barley see active demand and higher prices amid Canadian wheat rise. Visible rye stocks up 196,000 bushels to 17,850,000. Provisions irregular with scattered buying after weak start. North Wales Congressional college at Bangor sees its first female student admitted.
Corn rose on strong demand and government wheat support, with receipts lighter than expected and oats led by December delivery. Pork and ribs gained while lard fell as professionals noted a firm tone, money rates rose then eased, and exporters anticipate further liquidation but investors with financing ability may buy standard securities on any drive from current levels.
Fragmented market notes show auction quotes for horses and mules with varied ages and sizes, plus New York financials: government and railroad bonds irregular, time loans strong, bank accepts 4 percent, and Liberty Bond prices with several series quoted including first and second 4s and victory bonds around 99.20 to 99.52 in late December trading.
New York cotton market shows spot prices holding steady with mids at 39.20. Futures closed steady with January around 82.87, March May near 85.63, and October at 42.00.
Sunday services at the rthien church and Liberty congregations send best wishes to workers headed to India. Local deaths touch James Wells and Rev. Henry Pittman, with condolences to Elimer Gates family. Christmas and New Year events fill social pages as families travel, marriages are announced, and area residents visit relatives in Camp Point Quincy and Los Angeles. The Grand theater resumes Friday showings after summer closure.
George W. Sweeney of Carthage dies at 81 after long residence. He came to Carthage in 1803 and leaves five children and a sister and brother. Burial planned in Carthage Cemetery. funeral details pending. Mack D. Laffey of West Point visited. Miss Louis Hobbs returned from vacation in Nauvo.
In Pittsfield Illinois Bethany Circle hosts a Christmas frolic while locals cheer holiday visits from relatives across Missouri and Illinois. A Mayors, teachers, and workers are noted in social items and upcoming events include the Pike County Mutual Life oyster supper and officer installation on January 13.
About 150 cases of whisky concealed in a car load of hay crossed the Canadian Maine border from New Brunswick. A United States customs officer seized the contraband Sunday night, the largest liquor seizure on the border to date.
A vintage advertisement claims recovering from catarrh by constitutional treatment. It asserts Hall's Catarrh Medicine works internally through the blood to clear mucous surfaces, promises improved health, and offers a $100 reward for cure failure. Doctor endorses and lists Toledo Ohio makers F. J. Cheney & Co.
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