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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Jun 24, 1919
Page
5
Chicago price data show corn closing firmer with July at 1.85 and September 1.78 amid peace news. Oats dip while provisions fall. wheat and other grains exhibit mixed moves across Chicago St Louis and Kansas City markets with receipts and visible supply cited.
Long Commission Co reports corn bearish notes due to food admin enforcement and in condition lots while corn rises to new highs despite attempts to curb speculation. Oats disappoint bulls as country offerings and larger receipts offer limited support. Provisions drift lower. hogs rally then yield gains. stocks drift lower as Germany peace alignment weighs on investor confidence and banks curb bull market activity.
Hoge advanced fifty cents Monday making a total advancee of two dollars for the last four trading days due to farmers harvesting and not bringing bags to market. Market for Monday was light with three loads of oats at 72 and 73 cents, a load of hay at 32 dollars, and two loads of baled hay at 36 dollars completing the day's sales.
Local market quotations list prices paid for hay, grain, and farm products. Wheat grades priced at $2.30 and $2.37, various hays from $30 to $36 per ton, corn and oats values, hogs with weights and prices, poultry and dairy feeds, hides, leather, and fruit and vegetable offerings from John Musolino Co. and others.
Wall Street opened modestly higher on news of Germany accepting the peace treaty but soon trimmed gains as profit taking persisted. Overall turnover reached 1,276,000 shares with mixed results across sectors led by motor, tobacco, and food issues while standard shares underperformed. Liberty bonds moved little as the market priced in the peace outcome.
Hogs receipts 37,000 with mixed weights, top around 26.50 for heavy, varied mid and light prices. Cattle receipts 20,000 mostly lower with beef steers and cows showing wide spreads. Sheep receipts 20,000 with lambs down to 14.50 to 17.00. price ranges noted across grades. Also reports from St Louis and Kansas City with similar hedging prices and arrivals, plus Peoria hogs and cattle figures showing modest gains and steadys. Thousands of head across hogs cattle and sheep quoted with highs, lows and typical ranges for each category.
New York reports butter receipts 11 830 tubes with creamery gains and various grade prices. crude figures show extras and firsts in packing stock. Chicago dairy receipts 18 165 cases with firats and storage packed firats, butter and poultry prices steady. Sugar markets in New York steady with a range of refined and powdered varieties. Potatoes and wine prices also noted across Chicago and St Louis with modest shifts and regional quotes.
The market opened firm on early peace signals from Germany and broad strength across sectors. Leathers, steel, rails, grain line stocks, motors, oil and packing issues led gains with expectations of rising demand and continued earnings. recommended buys include U S Steel Smelters Coppers Leathers St Paul Great Northern Union and Southern Pacific Atchison Rock Island Southern Railway Willys Overland Studebaker General Motors Boston Wyoming Cosden Glen Rock Federal and others. Gold miners Caledonia Hecla and Cresson Gold seen rising as silver prices lift earnings.
Sealed proposals for general work of new toilets and wash rooms in the division of highways capitol building Springfield Illinois due by noon June 26 1919. Proposals for plumbing lighting ventilating heating to be opened June 27 1919 at the Arsenal Springfield Illinois. Specifications on file at the Supervising Engineer Arsenal Springfield and Kimball Building Chicago Illinois. Thomas G Vennum Asst Director.
Public notice to all claimants against the estate of John Putman deceased to present demands for adjudication at the Adams County Court in Quincy on the first Monday of August 4919. Executrix Sarah A. Putman requests immediate payment from debtors.
At St Louis on June 24 Timothy hay market was dull and easier due to increased receipts and weak demand. Better grades held value while medium and low grades moved slowly. prices listed for No 1 to head ed and clover mixes along with clover hay varied by quality and freshness.
The East St Louis market report dated June 24 lists prices for alfalfa hay varieties, straw, and feed, along with Eastern and Southern chunk prices and draft and heavy mule specifications. Items include No 3 new roan hay grades, standard and chotee prices, and cattle draft ranges by hand size.
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