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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Jun 01, 1918
Page
10
Market figures show Ribsy and other staples with prices around 24 a bushel in Chicago and Minneapolis. North West car lots report Friday volumes and weekly comparisons. grain receipts and shipments list totals for wheat corn oats and soybeans with weekly and yearly contrasts.
Long Commission Co s Daily Market Letter notes corn values slid to the lowest crop figures with a late rally of 1 cent but an easy close. No. 5 mixed weakness showed by elevator buyers, deliveries likely on June contracts at a discount. Oats saw May expire low while June-July recovered some losses. Cash weak, exporters absent. Provisions erratic, stocks steady amid war news, liquidation aiding technical position.
Jun 1 reports from multiple cities show corn prices across classifications steady to lower with No 2 white around $1.50, No 2 yellow near $1.55, and mixed lots around $1.20 to $1.60. St Louis Kansas City and Minneapolis dispatches note similar moves while New York stocks reflect irregular intra day fluctuations and discussion of tax legislation impacts.
Corn fell 12 cents to 1.45 a bushel and oats slipped to 64 cents. Hog prices rose 10 cents. Market yard sold 22 wagon loads of farm products including 8 loads of corn at 1.50 a bushel and various loads of hay and straw traded at 13 to 15 per ton or 0.66 per bushel for vats, with one load straw at 8 per ton.
Knollenberg Milling Company lists prices paid for hay and grain including wheat at 2.10, yellow corn 1.40 to 1.45 per 70 lb, oats 1.90, bale and loose hays priced from 7 to 15, and various milling products with per cwt rates. Hog, poultary, dairy feed, and wool and hide quotes follow from local markets and Are corrected daily by Anck Brothers with ranges for weights and Grades.
East St. Louis markets list draft horses at various prices and types with farm mares and southern horses priced from 25 to 230 dollars. Mule prices show no major change. demand generally exceeds supply with estimated weights and hand measurements noted.
New York June 1 trading in stocks was driven by war conditions causing early 1 to 3 point declines in key issues, with a late rally lifting shipping and related shares. Marine Preferred rose 9 points to 104 percent, common up 4 percent, six percent bonds up 4 percent, while Liberty issues led bond gains amid overall lower records for several issues. Total sales were $11,175,600 with notable activity in Am. Sugar, At&T, Locomotive, Anaconda, U S Steel, General Electric, and Penn. market quotes showing mixed gains and losses across multiple issues. New York money figures show mercantile paper at 6 percent, bar silver at 99.44, Mexican dollars at 77, and time loans at 5-6 percent with call money firm.
Trade reports from Chicago St Louis Kansas City Omaha and East St Louis show hogs cattle and sheep price ranges and receipts. Prices hover around mid to high teens for hogs and cattle with steady to higher tone in most markets.</s>
New York reports butter receipts 10 026 and creamery extras 424h, with firsts 40 percent. Irregulars in Megs-Irregular list 13 016 and fresh storage packed firsts 354236. Cheese steady with 2700 receipts and state fresh specials 20. Poultry markets mixed. fowls and turkeys varied. Chicago reports butter and eggs declines. dairy prices easing. St Louis notes eggs fresh at 26c per dozen in shipping order plus butter creamery extras 41 44 and various cheese quotes. New York coffee market closes mixed.
Strawberries are abundant for canning with home grown berries at 15 cents per quart in crate lots and softer shipped fruit at 1.20 per crate for jam use. Pineapple is cheaper now. dealers warn canned fruit prices will nearly double next winter. The Agriculture Department urges home preservation and offers pricing and marketing tips for small producers.
Dun's reports a steady shift of national industry toward war activity with minimal disruption. Government control expands to meet period demands, as production and distribution readjust, rail and wage actions shape policy, and new taxation proposals loom while price increases pause. May insolvencies show low commercial reserves. weekly bank clearings reach 4.43 billion dollars.
Hides prices and quotas advanced on wet salted and dry hides with May receipts and off-take figures. Wet salted grades ranged from 14 to 18 per unit, dry flesh and flint hides showing varied quotes, uncured and part cured adjustments noted, and special prices listed for horse hides, hog hides, and pony glue stock amid regional adjustments. Southern horse hides quoted at 2 cents less.
The timothy hay market remains steady for good high No 1 to choice hay in St Louis on June 1. Medium and lower grades sell easier with limited demand. No 1 timothy 25 28, standard 23 024, No 2 20 21, No 3 12 15, threshed 6 10, headed 12 14. Light clover mixed No 1 24 25, No 2 19 20. Heavy clover mixed No 1 17 18, No 2 14 15. Ernst hay No 1 17 18, No 2 13. Prairie hay choice 22, No 1 19 20, No 2 12 15. Straw 66.50.
London reports May British casualties total 166 802 with 1 536 officers killed or died of wounds and 20 518 men killed or died of wounds while 62 182 officers and 138 566 men wounded or missing. April totals were 62 475 as lists began reflecting May losses from Picardy and Flanders. The Monitor ornament reference notes two eleven inch guns and 180 pound shot.
In Edwardsville Illinois on June 1 eleven men charged with murdering Robert Paul Prager enemy alien testified for themselves. Each denied responsibility for the lynching at Collinsville on April 5 with many detailing their presence at the scene and disavowing prior confessions or statements. The trial also featured clashes over remarks attributed to Prager and testimony about a farewell note. Defendants named include Riegel Cranmer Dukes Brockmeier Hadsworth Gilmore Elmore Larremore Mattiz Beaver Flenney and others with several asserting they did not touch Prager or the rope.
Aviators stationed at McCook Field near Dayton pay tribute to Wilbur Wright, co inventor of the first successful heavier than air aircraft, by making a flight over his tomb and dropping flowers.
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