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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Jul 18, 1919
Page
5
Chicago reports heavy market losses across corn hogs and oats as foreign exchange declines and labor unrest strain prices. Sept corn at 1.94 and Dec at 1.63, with oats and hog futures also falling. Volume and receipts and price quotes listed for Chicago and other cities show widespread downward pressure and reduced bullish sentiment.
Kuellenberg Milling quotes on wheat and corn with farm product prices. Includes hay bales timothy clover and mixed, oats straw and wheat straw, and market- yard hogs cattle and sheep quotes. Also lists dairy feed, milling products, wool hides, greases, and fruits vegetables with prices from multiple sellers.
The market notes Hoga declined to 16 to 40 cents with top pay around $21. Several loads traded including new hay at $20 and $32, two at $28, corn at $17.80, five loads of oats at 72 cents, and baled hay at $85. One load of new hay remained unsold.
New York and Chicago market briefs record butter creamery and extras prices, firsts and irregulars, with receipts figures and stock notes. Also listed are cheese, state milk flats, poultry, potatoes, and raw sugar quotes with regional spreads and product types.
New York stocks opened firm with gains as investors awaited signals from the market. By close the day saw substantial gains erased, amid rumors that regulators and the Fed may curb speculation, with oils motors and other commodities drawing attention while rails and industrials showed mixed results.
Chicago hogs and cattle prices with receipts and top figures for July 17 to 18 across Peoria St Louis and St Joseph markets. Hogs top around 32.40 while heavy packing sows fetch 19 to 22 dollars. cattle vary with beef steers 14 to 18 dollars and cows from 6 to 19 dollars. sheep and yearlings also listed with multiple price ranges.
Daily market notes report most horses sold for Southern shipment this week with prices varying by grade. Grafta horses bring around 160 to 200, eastern chunkes 1900, fair southern stock about 80 to 100, plugs 25 to 50, mules seeing active trade though dealers say prices are high.
Daily Market Letter notes corn sentiment was bear ish early on favorable crop reports from Indiana and other areas but no heavy liquidation pressure appeared. Argentine cash corn higher, oats pressured after a higher start, provisions fell on stop loss lard orders, and stocks showed irregular moves. Banks taking foreign exchange steadied industrials while liens on loans eased prices.
The stock market shows strength with rail shares urged for purchase as harvest traffic grows. Advises buying grain moving rails like Great Northern Union and Southern Pacific St. Paul Atchison Canadian Pacific Rock Island and Southern Railway. Metals oils and car makers trend firm with buy recommendations including Willys Overland General Motors U S Steel and Anaconda copper. Curb market gains steam with Perfection Tire rising toward 1 50 and mining shares Caledonia Hecla and Courteen touted as good buys.
Old timothy markets stay firm amid light offerings and strong demand for high grades. Medium grades steady. low grades slow. Prices listed for timothy, clover mixed, alfalfa, prairie hay, and straw, with linseed oil and cottonseed oil quotations also provided.
New York cotton markets opened with steady tones. July futures bid at 34.00 cents, offered 34.45 cents, October at 84.12 cents, December around 4.02 cents, January near 33.95 cents, March about 33.75 cents.
Thomas V. Sullivan, attorney for the National Non-Partisan League, says league officials will seek start of proceedings next week in Jackson Minnesota justice court charging Prosecuting Attorney H B Nichols and F A Teigan as ware witnesses for the state with perjury following the conspiracy trial in Jackson.
Toledo reports mixed grain and cash prices with prime cash quotes for Clover Reed and free prime cash ranges across months. New York coffee market opens July 11 with dull spot activity and unchanged Rio and Santos quotes amid weak demand.
Mrs Gertrude Miller dies in Carthage after years of ill health. Funeral services set at Immaculate Conception Church at 9 a m with Rev Father Lewis B Landreth officiating. Burial in Nauvoo Catholic cemetery. She was born December 30 1846 in Bologne Prussia and came to America at age three. She married Judge Miller May 3 1870 and resided in Carthage 57 years. Survived by sister Mrs J Risse and other relatives.
A plan to create a visitor reading room in the courthouse basement gains momentum. Farmers State Bank extends Saturday hours 7 to 9 pm for farmers. Local residents Moos and Higgins show partial recoveries from illness and lumbago. Miss Mary Stone announces Macomb Normal School graduation and summer plans with the Stones. Rev A W Judd to lead Baptist services as church seeks a pastor. Edwin Ducey returns from expeditionary forces in New York. Bruns Miller Manufacturing Co with $25,000 capital formed by Brunswick and Miller brothers. new factory east of the square.
Machinery installation continues as Speere plans metal novel eB production. Churches will host union services in the courthouse yard Sunday evening with Rev. Brown delivering the sermon. Mrs. Ryle Abbott and daughter Con stance plus Miss Mae Bowman Edith Hesley and Miss Minnie Scanland plan a two week stay in Fremont Michigan starting early August. Mrs. Vinton King and children have been at the resort for weeks. W D Dutton and Richard Long visit Kansas City to buy livestock. Mrs. Otto Stoderwall and child visit relatives in Barry. Prof Hawley of Clinton NL will stage a balloon ascent and parachute jump Friday afternoon.
Shelby, Missouri reports Tate English sold hogs at Saturday market in St. Louis for 22.50 per hundredweight. Leatner shipped 960 bushels of No 1 wheat to St. Louis at 2.25 per bushel. Several residents and visitors arrive or depart for visits or travel, including Wade Naller visiting grandparents and a honeymoon couple at home of Mrs. Dobyns. A traveling electric water heater and a bachelor girls bungalow colony planned near London Ontario are noted as tourist amenities.
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