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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Feb 14, 1920
Page
10
Chicago market closed higher as farmers held back, with May corn at 1.32 to 1.83 and July at 1.29 to 1.320. Oats gained, while provisions varied. Reports of small corn receipts and hopes for timely primary center arrivals supported futures despite speculative selling and NY stock gloom.
Chicago and East St Louis reports show cattle receipts around 5,090 and 1,500 hogs, with widespread prices from heavy to light classes. Prices ranged from beef steers at roughly 11.25 to 16.75 and hogs mostly 14 to 15.60, with pigs and veal calves also listed and regional variations noted.
February 14 update from TMogs-2500 shows trade opened with lights steady to strong and demand for different classes. Feeder lambs and pulk and lights reported with top bids around 15.60 while heavy packers weaken. cattle momentum mixed with bulls down 25 to 50 cents and feeders steady.
Oats reached a new peak on the city market with two loads selling at 50 cents a bushel. Trading was fairly heavy. hay and straw prices included baled oats straw at 12 per ton and loose timothy at 23 and 26 per ton. Corn traded at 1.40 per bushel. baled mixed hay at 26 and 27 per ton. baled wheat straw at 7.50. one hay load remained unsold at night with no major changes otherwise.
Prices for hay grain and livestock reported by Knollenberg Milling Co and Anck Brothers. Wheat No 1 at $2.40 per bushel. No 2 at 2.37. rye $1.35. oats and corn vary. baled and loose straw and hay prices listed. Hogs, cattle, sheep, lambs, and poultry quotations from J. E. Hood Co. and C. F. Bishop Co. include weights and price ranges. silage and feed stuffs also priced.
Stocks faced heightened impairment in early Friday trading but recovered as demand eased and foreign exchange firmed. Oils and ships led the rebound with 3 to 10 point gains, steels and motors also recovering from losses. Short sellers faced losses in General Motors and Crucible Steel. Trading totaled 1,375,000 shares with Interborough Rapid Transit bonds rising and overall bond market uneven. Par value sales reached $15,475,000.
Public sales announce activities for February at multiple Illinois locations including H Valle & Sons farm near Quincy and Ursa, Robert Long farm near Quincy, BE Wood Palmyra, W H Prentice Lewistown, Albert C Luckel Camp Point, and R M Cassell La Harpe. Items include cattle livestock grain machinery and Poland China brood sows.
St Louis market report shows Timothy hay No 1 priced at 23.00 to 23.50 per ton with various grades and prices for No 2 clover mixed alfalfa and prairie hay, standard and threshed figures. Straw is quoted at 10.50 per ton.
New York mercantile paper at 6 percent 46 percent, government bonds weak, railroad bonds irregular. Time loans firm for 60, 90 days and six months at about 8 1/4 percent. Call money easy with high 7: low 6. Closing bid prices noted.
New York City on February 14 reports dull spot coffee markets with Rio 7s at 8 and Santos 4s at 4. Liberty bonds priced at 2:55 p.m. show 3s at 96.62.
A terse set of betting style figures lists several entries such as first and second, with scores or odds like 90.80 and 90.20, then 92.30 and 90.58, followed by 93.34 and 97.72. A final note repeats 97.72 after victory references.
Bradstreets reports caution across foreign exchange money securities and commodities with conservative tone widening in the east and central west. Tight money and possible nationwide railway strike fears support the stance, while demand and prices remain strong in iron steel and lumber. Weekly bank clearings amount to 6.93 billion dollars.
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