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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Jan 05, 1918
Page
10
Fresh strength in the corn market Friday due to scant receipts. Prices closed higher with January at 1.27 and May around 1.25. Oats held firm and provisions largely unchanged, demand from shorts persistent, cash demand sluggish, and forecasts of next week’s supplies up.
The market letter notes corn short selling largely abandoned and prices firm as No 4 yellow demand for shipping fills sales. Oats rise on cash demand with bids supported by absorption of arrivals. Stocks drift lower amid awaiting railway message while bears await congressional reaction but general sentiment backs rail and industrial securities.
New York corn spot steady with Kiln dried No 3 yellow and No 4 yellow around 1.85 to 1.95. Argentine origin futures show 2.05 cost and freight to New York. Reports from St Louis Kansas City Peoria and Omaha note mixed corn prices from 1.53 to 2.72 and oats around 0.80 to 1.75 with various white and yellow grades.
Seed market reports from Chicago and Toledo show prices for rye, timothy, clover, and alsike. Prices listed include January and March cash terms with old and new lots, such as rye at 1.54 and 1.40, clover around 20.26 in Toledo and 917.10 in March, and timothy about 4.00 to 4.35 reflecting cash terms and future delivery.
The market held a fairly firm undertone for much of Friday with early advances giving way to a slight decline from prior close on volume sales. The President's message was seen as reassuring, though traders believe government control of railroads has been largely discounted as a market factor.
Receipts of hay are light while demand strengthens for timothy, clover and mixed hay. Prairie hay and straw stay steady with light receipts. Alfalfa remains quiet but steady. Prices show varied timothy and clover grades, with standard and heavy samples noted, alongside miscellaneous sugar and coffee market mentions.
The city market saw heavy activity with 31 wagon loads of farm products sold on Friday. Prices included two loads of timothy hay at $28 per ton, oats at $0.70 a bushel, and corn varying from $1.28 to $1.30 per bushel with other items such as hay and straw selling at several per ton or per load.
Prices paid for hay and grain include Wheat 2.08 dollars, Old corn 1.50 to 1.60, New cuts 60 6c, Baled straw 98.59, Baled hay 20 26, milling products from Knollenberg Milling Co with various per cwt prices for Iran, corn meal 4.10, shelled corn 1.49, linseed meal 3.15, alfalfa molasses 2.259, dairy feeds 2.35, hogs and livestock prices listed from stations west of the Mississippi and branded by Anck Brothers. Poultry, hides, wool, bees wax, and miscellaneous farm goods priced. quantities and ranges noted.
The report lists current receipts for hides with wet salted and dry stock categories and prices. It includes values for wet salted hides by grade, dry hides including filint and bull, uncured and fresh rates, and assorted by products such as glue stock and ponies. Wool pelts and sheep products are noted with per unit prices and quantities.
New York shows unsettled stock action after President's railroad control message. Rails fall 2 to 3 points amid weak demand while U S Steel drifts near its low, industrials offer renewed pressure, and total par value turnover nears 4.25 million.
Chicago and several midwest markets report cattle hogs and sheep receipts for January 5 with steadier to higher prices. Key figures include Chicago hogs heavy 16.40 with lighter around 16.85, cattle steers 7.50 to 13.50, mixed hogs and calves varied, St Louis and Omaha also show steady to firm trends across hogs and cattle, while Kansas City and Sioux City list mixed holdings and firm demand.
From Kansas City and New York reports dated January 5, butter prices range widely with creamery firsts at 42 to 44 in Kansas City and 53 to 62 for New York creamery. Eggs sell fresh firsts at around 51 to 52 per dozen shipping orders, while cheese holds steady at 23 to 24 cents per pound. Dressed poultry and live poultry show mixed prices, with chickens and fowls quoted in the mid to upper 20s and turkeys around 30 cents.
President explains the December takeover of U S railway and water transportation systems to mobilize wartime resources. He argues for single government administration to unify operations, minimize disruption, protect private owners, and guarantee fair compensation, with William G McAdoo as director general.
A long price table lists live poultry including hens spring chickens broilers cocks turkeys ducks geese and capons with weights and prices per dozen or per pound. Dressed poultry fish rabbits pigeons and squabs also appear with unit prices and size grades. The jumble of figures suggests a market listing from a historical newspaper page.
Bradstreet notes post holiday effects and severe cold snows across the east and south with coal and car shortages curbing manufacturing. In New York, closed offices and halted war industries mark a sharp downturn, while New England munitions centers face crippling conditions even as overall output and trade rise in 1917 and 1918 due to war work.
The text discusses potential economies under a unified railway administration, possible need for treasury funds, and the likelihood of Congress granting money for initial and ongoing support. It urges prompt and generous congressional assistance while noting the scale of the challenges and the requirement for guarantees and initial appropriations.
Long list of individuals by town and district in Marion County includes names from Hannibal Palmyra Maywood and Philadelphia with designations A B and other class markers. The item reads like a voter or election roll detailing residents within various precincts and route numbers.
Philadelphia Jan 5 Further evidence tending to prove that the American Agricultural Chemical company was the chief agent in an alleged illegal combination of meat interests to force a local independent rendering company out of business was produced before the federal trade commission. The chief evidence was a letter by Hugh J Robertson to E Murphy stating you want to train your guns on M L Frederick W English denied knowledge of the letter and refused to admit M L S referred to the M L Shoe maker company inc
In a public letter, Mrs. John D. Rockefeller Jr. urges Secretary Baker to adopt a housing plan for women workers at military camps and industrial centers. The Young Women's Christian Association plans a model home for girls in Charleston, S C, funded by the group, with hopes the government will build duplicates nationwide.
Monitowoc Wis Jan 5 Assemblyman Carl Hansen a leader and humorist in the last session of the legislature committed death by his own action firing a bullet through his brain in his insurance offices. The gun was found in his right hand. Hansen had been ill since his return from Madison.
An old ad touts St Jacobs Oil as a harmless backache cure for lumbago sciatica and stiffness. It claims almost instant relief after rubbing, promising lasting ease and urging readers to buy a trial bottle from their druggist.
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