Market Report Shows Slump in Hog Prices at City Market
Yesterday's city market activity was moderate with sustained oversupply in hogs. Prices offered declined, signaling a downturn that traders expect to reverse in a few days.
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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Jun 03, 1915
Page
2
Yesterday's city market activity was moderate with sustained oversupply in hogs. Prices offered declined, signaling a downturn that traders expect to reverse in a few days.
Chicago June 2 Uncertainty over foreign relations weighed on wheat and markets closed heavy down 2 3/4 to 3 1/2 cents. Corn oats and provisions also fell with oats strong on ideal crop conditions. Trading noted stop loss orders and diminished buying power as European demand waned and rain prospects loomed over the domestic belt. Hogs 27 000 cattle 4 500 sheep 8 000 observed in the day’s figures.
Minneapolis today reports 211, last week 185 and last year 89. Duluth shows 45 today, 18 last week, 70 last year. Winnipeg lists 123 today, 293 last week, and 84 last year.
Wheat today shows 144 under contract with 42 estimated and 144 for last year. Corn stands at 169 under contract with 61 estimated and 168 last year. Oats are 192 today under contract with 61 estimated and 192 last year.
Wheat receipts today 707000 vs last year 430000. Corn receipts today 449000 vs last year 1945000. Oats receipts today 522000 vs last year 1146000.
Wheat today 409000 versus last year 719000. Corn today 473000 versus last year 624000. Oats today 481000 versus last year 765000. Prices shown for three grain types with year over year change.
Chicago June 2 wheat and corn prices listed for No 2 hard at 1.37 14 per bushel, No 2 yellow corn around 5 32?4c, No 3 yellow 75 4c, No 2 white 76 3? 4c, No 3 white 74 140, mixed soybeans and oats prices shown with varying grades and cents per bushel.
Wheat prices shown for No. 2 red and hard winter grades, with values around 1.27 to 1.40. Corn figures list No. 2 yellow and white varieties at roughly 0.76 to 0.77, oats around 0.49 to 0.52, and related grades.
The Kansas City market notes scattered grain and commodity quotes including corn and oats with various grades and prices. Cited figures show No 2 and No 3 bids for hard and white varieties alongside seasonal PESACH and other tag markers.
Minneapolis May wheat prices and receipts show a lower market. No. 1 hard cash wheat offered at 1.4137 per bushel with nearby futures. No. 1 macar barley and other classifications listed with varied bids and arrivals of 34840 sacks.
Liverpool report lists No 1 northern Duluth wheat at 13s BG No 2 hard winter at 18s 4d and American mixed corn at 8s 2d The terse telegraphic update notes values in shillings and pence for traders and merchants assessing grain costs in the Liverpool market.
Peoria markets show corn and oats prices with various grades and quotes. No. 1 yellow corn around 144 cents, No. 2 yellow near 144 to 149 cents, mixed grades quoted, oats steady at about 50 cents per bushel.
Wheat spot weak at 1.4134 for No 2, 1.4334 for No 2 hard, export bids 1.4134 for No 1 Nebraska and 1.40 for No 1 Manitoba fob Buffalo. Futures weak at July 1.24. Corn spot easy for No 2 yellow at 83.4 to 84.0 cents. White and mixed grain prices show minor declines and clipping.
Clover seed prime cash 7.90 with October 8.37 per unit. Alsike prime cash 7.85. Timothy prime cash 2.95 with September 3.15. Toledo Ohio market figures show bid offers for common farm seeds with month and price notes.
New York June 2 Wall Street split between U S relations with Germany and Mexico The German ambassador visit to the White House and Mexico’s warring leaders were the day’s main developments Markets advanced in morning trading with war shares and coppers rising but faded later Total stock sales reached 3g ge shares Bank of England freed 1 375 000 in gold and sold 10 000 000 in foreign gold coins aiding steady London exchange francs fell Paris remittances while Italian exchange firmed slight, reflecting bankers and manufacturers buying war supplies.
New York June 1 closing quotations on the Stock Exchange list numerous issues with last sale figures. Amalgamated Copper American Can American Car and Foundry American Cotton Oil American Smelting and Refining American Sugar Refining American Tel Tel Anaconda Mining Bethlehem Steel Brooklyn Rapid Transit California Petroleum Canadian Pacific Central Leather Chesapeake and Ohio Chino Copper Chicago and Western Indiana Chicago, Milwaukee and St Paul Denver and Rio Grande General Electric Goodrich Great Northern Interborough Met Inter Harvester Lehigh Valley Louisville and Nashville Maxwell Motor Mexican Petroleum Missouri Pacific National Lead New York Central Northern Pacific Pennsylvania Republic Iron and Steel Southern Pacific Southern Railway Studebaker Tennessee Copper Union Pacific United States Rubber United States Steel Utah Copper Westinghouse Electric Western Union.
New York June 2 mercantile rates show sterling 60 day bills at 495507 demand 478.50 with cables 479. Francs demand 5.15 cables 5.44. Marks demand 8274 cables 83. Rubles numbers given. Bar silver 49. Mexican dollars 38. Time loans steady for 60 and 90 days with rates around 2 1/4 to 3 1/4. Call money steady high 2 low 1 3/4 ruling 1 3/4 last loan 2 1/4 closing bid 1 3/4 offered at 2.
New York market report shows butter firmer creamery extras at 28 cents with higher scoring 283 4 29c for firsts and seconds 25 14 26 14 cents. Eyes irregular fresh gathered ex tras 23 24c extra firsts 21 14 22 0 firsts 20 21e seconds 18 14 19 4e. Nearby shennery whites fine to fancy 24 25e nearby hennery browns 23 to QAC. Cheese State whole milk fresh specials 154 Ii ditto average fancy 164 20 Market steady.
Elgin Ti June 3 Butter Pirm listed at 28 cents.
The long commission daily market letter reports scattered buying of wheat by commission houses on an early break, then broad short covering and a late decline near the bottom. July buying and September selling by a major elevator group shape the session amid bearish crop news and unsettled politics. Corn shows strength from early wheat weakness with light primary receipts and mixed crop reports. oats rise on cash buying but decline due to overall grain weakness. Seaboard exports and cash markets show demand and broad expectations for the new crop with acreage up. Provisions note packer support on an early decline despite a bear sentiment.
ST. LOUIS June 2 Poultry prices listed as chickens 12 16c springs 18 25c live key 11 d ducks 14c geese Butter Creamery 37c Eggs 16c
New York June poultry market report lists dressed poultry and fowls with prices for western frozen roasting chickens fresh fowls iced turkeys and alive stock. Notes include figures like 1822 and 1614 for various categories and a weak western chicken broodery pricing snapshot.
A historical price list shows diverse grains and forages with figures in dollars per unit. Wheat 1.40 flour 8.10 corn 0.77 8 le oats 0.58 0.60 prairie hay 12.00 baled prairie hay 8.50 10.00 wheat straw 5.50 baled oat straw 6.50 7.50 shredded fodder 8.00 loose hay 17.30 18.00 baled mixed hay 18.00 20.00 millet hay 10.00 baled millet hay 10.00 Timothy seed 3.50 6.00 red clover seed 1 baled tenncae hay 18.00 20.00 baled threshed hay 6.60 8.00 crabgrass 7.50 clover hullings 10.00 baled straw 5.50 6.00 clover seed 7 8.
Prices from Knollenberg Milling Co show high patent flour, straight patent flour, and hard wheat flour at $8.10 per unit. Bran $27 per ton, shipstuff $32 per ton, corn meal $2 per 100 pounds. Wagon hogs, choice quality ranges: 200–400 pounds averaging $7,357.25. 140–175 pounds averaging $7,157.25. 125–50 pounds averaging $6,907.??
Local butcher quotations listing livestock and produce prices across categories. Hogs guarded at seven dollars, heavy hogs six fifty, sows and stags six twenty five to six fifty, fat cattle six to seven, veal calves eight hundred to nine. Turkey gobblers nine thirty, hens nine four, eggs lic, butter packing stock eighteen, country No. 1 twenty five.
A grocery price list reports numerous vegetables with varied pricing. Artichokes, asparagus, beans, beets, carrots, cauliflower, cabbage, celery, cucumbers, cranberries, eggplant, endive, garlic, horseradish, kale, lettuce, leeks, mushrooms, parsley, peppers, radishes, spinach, shallots, turnips, tomatoes, and potatoes are listed with unit or per-pound costs. Some items show multiple sizes or forms and notes on origin or variety.
Market notes show strawberries at 50 cents per quart, grapes from Almeria at 1 cent per pound, winter Colorado Bartlett pears at 5 to 6 cents each, and oranges from California at 15 to 60 cents per dozen. Imports include Jamaica limes at 40 cents per dozen and Cuban bananas priced 20 to 30 cents per dozen.
Hides market reports from Bolles and Rogers show No 1 cured hides at 12 cents, No 2 cured hides at Be, and No 1 green hides line tied. The fragment indicates pricing shifts in cured versus green hides for traders and buyers.
A fragmented list of commodity prices including horse hides, tallow, wool, nuts, and roasted peanuts. Entries show varying unit prices such as No. 1 hides at 3.00 to 3.50, tallow at 14 to 21 4 cents, wool at 18 to 28 cents, and nuts like walnuts at 25 cents per pound.
Listing of shelled nut meats with prices per pound. Almonds and Valencias 75 cents per pound. Pecans halves 75 cents per pound. Walnuts halves 75 cents per pound. Popcorn shelled 10 cents per pound.
Figs and dates from California listed with unit prices. Figs 10c per package and 10c per 2b or Ib measures noted. Dates include Halowi and dromedary varieties with 10c per bulk Ib or Ve.
In St Louis on June 2 the market showed steady demand chiefly from eastern buyers for draft and war animals. Eastern buyers offered higher prices for extra good mules and heavy draughts, while southern offerings were sparse. Overall values remained high but not likely to reach normal levels soon. Prices listed include good ordinary for 15 hand mines at 130 to 150, good quality mules at 150 to 180, and extra good well-built mules from 185 to 225.
Hay receipts for 72 hours totaled 9 cars on the west side and 46 cars on the east side. Market steady for native timothy and clover mixes with fair demand, while high quality native and northern hay were quiet and weak. Clover scarce. alfalfa offered in good to choice grades, but ordinary and off condition difficult to place. Prices: clover mixed 16.50 to 17.19, timothy 17.00 to 20.50, alfalfa new 15.00 to 12.00? old 17.00 to 18.00, clover 17.50. Straw wheat 6 switched.
New York on June 2 raw sugar prices show a steady tone with centrifugal at 4.95, molasses 4.18, and refined sugar holding steady, signaling no immediate changes in domestic refinery pricing.
Chicago market data shows cattle receipts 18 000 with native beef steers at 6.90 to 19.95, western steers 6.50 to 8.70, cows and heifers 3.20 to 8. Sheep receipts 10 000 with sheep 6.50 to 7.35 and lambs 7.75 to 10.65. hog receipts 36 000 with hog prices reported across several bids from 7.00 to 7.70, and general price weakness noted.
Hogs receipts 11,600. Pigs and lights priced at 6.25 to 7.80. Mixed and butchers 7.65 to 7.80. Good heavy hogs 7.00 to 7.70. Cattle receipts 5,000. native beef 7.50 to 9.25. Yearling steers and heifers 7.00 to 9.30. Cows 6.00 to 6.50. Stockers and feeders 6.00 to 8.25. Sheep receipts 2,700. clipped muttons 5.00 to 6.00. clipped lambs 9.90 to 9.75. spring lambs 10.00 to 10.75.
Kansas City market notes hogs sold around 7.55 to 7.70 as bulk and heavy hogs eased near 7.55. Cattle included 6,000 head with steers at about 8.00 and cows and heifers near 6.50 to 9.00, calves around 6.50 to 10.00. Sheep saw 6,000 head with lambs around 8.50 and yearlings 7.15 to 9.25, ewes about 5.25 to 6.50.
Omaha June 22 hog receipts 13,700 with strong yearlings and light pigs selling in the 6.50 to 7.35 range. Sheep receipts about 2,200 show strong demand for yearlings and lambs with prices from 7.50 to 10.25.
East St Louis market reports hog receipts of about 11 500 with prices ranging from 5 to 7.75 per hundredweight and rough and light categories noted. Cattle receipts around 5 000 with top price paid listed at 0 26 per unit, market broadly lower.
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