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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Jan 23, 1918
Page
10
Chicago market news shows big corn receipts boosting trading and triggering price weakness. March and May corn fall. oats slide. pork and lard weaker. hogs plentiful, meat markets slow. Primary movements and receipts data provided for Wheat, Corn, and live stock with bid ranges and status at Chicago.
In a sweep of market notes, corn and oats prices vary across major hubs including St Louis, Minneapolis, Kansas City, Chicago, and New York. Reported figures show No 2 white and No 4 mixed corn trading around 1.60 to 1.70 per bushel, with yellow and white varieties differing by location. Prices reflect a cautious market with bid and offer levels and occasional bid quotes for various grades.
Jan 28 reports from East St Louis Sioux City and nearby towns show mixed cattle receipts around 6,560 and 1,290, with hogs firmer in St Louis at 16.18 to 16.60 per cwt and cattle around 14.60 to 16.20, while Omaha and Kansas City list steady to lower cattle and varying hog prices. Agricultural prices cover grains, hay, milk products, and animal byproducts with notable bids for hides, sheep, and poultry.
CHICAGO January 23 Corn interests improved while prices trended lower through most of Tuesday. Local shorts covered and bids triggered a moderate near session rebound. Receipts were fair, cash market firmer than expected, with shippers reporting New England selling below prevailing prices and oats dull as freight car availability slows accumulation. Stock market opened strong on peace rumors but trimmed gains later, professional interest centered on special issues while general investors favor established dividend plays.
Hog Paige reports a Tuesday surge in the city market yard with thirty four wagon loads of farm products sold. Hay and corn transactions include mixed hay at 27 to 26 per ton, baled clover and timothy at 27 and 28, corn at 1.40 to 1.50 a bushel and white corn at 1.60, with wheat straw sold at 10 a ton.
New York on January 23 reports stocks opened firm with gains in forenoon before reversing as several industrial reports appeared. Oils tobaccos and fertilizers led declines while rail and bond markets showed mixed to weak tones. Money market eased with Mercantile paper at 6 3 quarters percent and call money around 4 percent.
The New York stock scene shows limited upside in industrials as snow delays railroad traffic and coal movement. Large bulls turn sellers amid Washington policy jitters and bond issuance uncertainty. markets edge lower as traders push to adjust holdings. Irregular trading persists with only modest rallies expected until clearer on bond financing and railroad relief measures.
New York on January 23 reports butter receipts 7,899 tubs with creamery prices up 54 percent over extras and 64 percent over firsts. eggs receipts 3,944 cases with strong prices for extras and firsts. Chicago markets show butter higher, eggs up, potatoes steady, poultry and cheese mixed. Kansas City and St. Louis publish varied butter, eggs, poultry, cheese quotes. Note prices reflect store and terminal quotes from commission merchants.
Senate reconvenes to open debate on Chamberlain led bills creating a war cabinet and a director of munitions amid administration opposition. Wilson reportedly backs current war governance and cautions overhauling powers. Committee plans testify on cantonment conditions and equipment shortages as a new public information policy emerges in the War Department.
Market listing shows squabs and common live squabs at 58. per dozen, 1 per pound prices for various sizes, and fresh fish quotes for carp buffalo crappie bass catfish eels and turtle meat with dressings and rough counts. Prices range from 7 to 58 per unit, with several items noted per dozen or per pound.
Receipts of hay remain moderate with steady to firm prices. Timothy hay shows excellent demand and absorption of arrivals. clover mixes steady. alfalfa in strong demand. prairie scarce but wanted. Straw market remains steady with varied quotes across grades and weights.
Seed market reports list Clover seed at 19.65 to 19.75 for January February cash and future, Alsike prime around 15.76, Timothy 4.15 cash rising to 4.85 for March, and Rye No 2 nominal No 8 1.94 in Toledo. Chicago prices show Barley 1.40 to 1.9, Timothy 5.56, Clover 20 per hundred? not specified.
Hides in St Louis show steep declines in wet salted values amid limited demand due to railroad congestion. Dry hides hold steady while various grades of wet and dry stock, sheep pelts, goat skins, and glue stock receive mixed quotes. notable figures include No 1 horse hides at 5.60 and wool pelts around 24 to 25 dollars per unit.
A large supply of horses arrived Monday in St Louis. Brisk trade in war horses noted. Mule quotations span 15 to 16? hands at 225 to 299 dollars. 14 to 14? hands at 176 to 196 dollars. 18 to 13? hands at 80 to 110 dollars. 12 to 12? hands at 90 to 120 dollars. Horse quotations show heavy draft at 220 to 757? dollars, eastern chunks. southern horses ranged from 40 to 156 dollars depending on quality. Plugs listed at 25 dollars and up.
New York January 23 Gen Pershing asked Rev Dr Hugh Birckhead to carry a message to the United States. Birckhead recalled the general’s plea for daily American backing for the war effort to sustain hope and courage. The remark followed Birckhead’s return from relief work in France and a London tour with Red Cross outreach.
Washington January 23 The food administration will issue a new food card this week appealing to American housewives to conserve food. It would call for one meatless day two parkless days and two wheatless days each week with no compulsory requirement for households though a pending bill seeks mandatory days for hotels and restaurants. The administration will rely on voluntary compliance rather than law.
Amsterdam dateline January 23 Germany should not take any territory from the Russian empire and might return Alsace Lorraine to France, says Maxmilian Harden in Die Zukunft He argues that anyone who wishes to tear away Poland Courland Lithuania Esthonia and other lands should consider the consequences and seek peace rather than conquest.
A vivid ad promises immediate relief from a cold or catarrh by clearing nasal passages. It touts Ely's Cream Balm as an antiseptic, fragrant formula that soothes swollen mucous membranes and restores easy breathing, urging readers to buy a small bottle from their druggist.
A weekly American troop newspaper in France named The Stars and Stripes will be launched soon with General Pershing’s sanction. It will be directed and edited by men in American uniforms to serve U S soldiers abroad.
Antique advert promises instant relief from rheumatic pain by rubbing St Jacob s Oil into joints. Claims won t require internal treatment and that the liniment is harmless and non burning. Endorses trial bottle at any drug store for sciatica neuralgia lumbago backache and sprains.
Washington January 23 Indications point to a fresh partisan debate in the Senate when sessions resume Thursday The controversy stems from Senator Stones attack on Republicans and Theodore Roosevelt A two day adjournment in the House was arranged to cool passions and let the dispute subside
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