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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Jun 22, 1916
Page
3
Market nerves rise as a notable failure in London triggers broad selling pressure. Traders gauge implications for global liquidity while equities and bonds retreat, with investors seeking safe havens amid renewed uncertainty and potential policy responses.
Chicago markets show nervous trade as wheat declines due to London failings and weaker Liverpool quotes. Corn and oats ease while hogs gain, lifting provisions. Regional quotes from Chicago, Minneapolis, St Louis, Kansas City, and Liverpool reflect mixed grain and livestock moves with exports cited as supporting factors.
New York June 22 The Mexican situation again unsettled financial markets with renewed liquidation amid rumors of dire prospects. Metal shares led losses, zinc down 3 to 6 points while Copper groups slid. Rock Island stock advanced 3 points as debentures rose 35 1 2. Total volume 593000 shares with irregular bond activity.
Receipts in Chicago hogs 26 000 cattle 17 000 sheep 13 000 with mixed to firm prices across grades. Hogs 10c higher, light to heavy ranges from 8.00 to 10.00 dollars. Cattle unsettled to strong, native beef steers 7.50 to 11.35, westerns 8.40 to 9.45, cows and heifers 3.90 to 9.90, calves 8.50 to 12.00. Sheep 5 000 steady to higher, wethers 5.00 to 8.00, lambs 6.00 to 10.00. East St Louis markets show hogs 7 000, up 10c, cattle 4 500 steady, sheep 4 000 active. Kansas City hogs 11 000, varied per grade, cattle 6 000 steady with steers 9.00 to 11.15 and cows 5.00 to 8.25.
A market listing outlines hay and straw pricing by quality. Prices range from No. 3 badly stained hay at 11 dollars to ordinary No. 1 at 18 to 18.50, with alfalfa and timothy graded offerings and straw scarce at 6.50 per ton track.
New York money totals reported on Wednesday June 22 with Mercantile paper at 34 934, bar silver 6444, Mexican dollars 4917. Call money closed at 234 with a high of 3 and a low of 234.
A government bond list shows U S securities including registered U S 2s with 9b coupon, registered U S 3s with coupon, U S ds with 1016, U S 4a with 2416 coupon, Panama 35 with 2 1000 coupon. The notes reference various coupons and denominations.
Public market square saw 21 loads of hay oats corn and baled straw offered with only two loose hay loads unsold by 4 pm. Hog prices rose a dime while oats sold at 35 cents per bushel and corn at 71 to 72 cents per bushel. Baled hay brought 13.50 to 14 per ton and baled straw 6.50 to 13.50 per ton.
In Chicago on June 22, local sentiment in wheat was bearishly strong with commissions backing selling during rallies. Cash premiums held an advance, while corn rose to new highs amid bearish local mood and December wheat delivery weakness. Oats sold freely by commission houses before midday strength.
New York markets show butter steady at 20 to 29 cents for creamery extras and firsts, with higher scoring creamery. eggs steady with various grades listed up to 29 4 cents. cheese steady with fresh and average fancy quotes. potatoes lower with old whites at 1.00. poultry alive lower with fowls 9 to 17 cents and springs 24 to 26 cents. St Louis reports butter at 28 to 73 cents for creamery. New York coffee spot barely steady with Rio and Santos quoted. raw sugar dull, centrifugal around 6 to 9 cents, refined quiet.
Prices for No 2 wheat at 95c and corn 70c. Oats 35 40c. Baled and loose hay and alfalfa values listed. Milling products prices from Knollenberg Milling. Hog, hogs, pigs, and wagon-load quotations with weights and prices. Local butchers quotations for pork, veal, and poultry, plus hides, wool, and other commodities.
The East St. Louis market lists dairy and farm animal lots with prices for extra heavy draft horses and eastern chunks and various mule sizes. Amid the numbers a related proverb notes friends tend to avoid a man after his first trip abroad.
The Texas Wonder claims to cure kidney and bladder issues in men and women and regulate children's bladder troubles. It promises a two months treatment per bottle for $1.00 delivered by mail, with testimonials available and Dr EK Hail of St. Louis as the contact.
A Dutch-descended Mennonite community of about 80,000 around Odessa faces possible eviction by the Russian government unless they prove non German origin. Their history traces to 17th century West Prussia and Catharine II invited settlement north of the Black Sea. Authorities seek confirmation of Dutch neutrality to spare them.
London reports the new Lord Kitchener, elder brother of the late secretary of war, en route home from Southwest Africa where he served against the Germans. At sixty nine, the earl born October 5, 1846, offered his services at the war’s start and served in Burma in 1891 and in Manipur the same year, both times mentioned in dispatches. He married in 1877 the daughter of Lieut. Col. Franklin Lushington. a son, Commander H. E. F. C. Kitchener, R. N., served in China in 1900 and in the current war, and there is a daughter.
Advice to maintain a regular diet and avoid exposure while starting Dr. King's New Discovery. The tonic contains Pine Tar antiseptic oils and balsams, is mildly laxative, and eases coughs and sore throats. It claims to relieve colds, clear the head, and has been used for over 40 years. Sold by druggists.
Kansas City June 21 government seeks 62344 horses and mules for use on the Mexican border. Orders to advertise for that number came from Washington Tuesday to Capt. C B Hawkins quartermaster US army. Bids will be opened here next Monday.
A Toledo Ohio notice claims Hall's Catarrh Cure cures catarrh in all stages by acting through the blood and mucous surfaces. Proponents offer 100 reward for any case it fails to cure and invite testimonials. Sold by all druggists at 15 cents.
The nonpartisan column highlights Lawrence Travilla as a Republican candidate for the State Board of Equalization from the congressional district. It argues he is a capable local business man with an open record and strong community endorsement, advocating proper attention to the primary nomination. Political Advertisement.
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