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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Mar 22, 1917
Page
3
Peace rumors dominated the wheat market with prices closing slightly lower after a varied session. May and July futures edged down while oats and other cereals also softened. traders noted delays in submarine movements and profit taking by a key speculative holder.
Chicago wheat had no sales and corn mixed with quotes across several grades. Prices ranged from 1.05 to 1.34 per bushel on mixed lots and whites, with No 4 mixed around 1.219 to 1.30, reflecting a cautious trading day.
The Board of Trade approves amending the cash grain commission rule to a percentage basis and plans to post it for ballot. A futures commission rise will be considered by directors soon. Reports from Wilder Nebraska warn of 50 percent winter wheat damage, while Reno Oklahoma notes strong wheat in the south with favorable spring work. Inglis reports large northern Texas acreage and good crops though rain is needed. A seaboard exporter cautions about delaying steamship arrivals to move December to March grain.
Wheat market faces pressure from rumors of German turmoil and strategic moves while May delivery nears. European ownership of May wheat and bullish wheat risk insurance support prices. July wheat may be softer amid growing supply concerns. Corn hits new highs on demand for feed, oats remain firm with government needs for war horses. lake navigation may ease rail congestion and boost oat movement.
New York March 22. Traders book gains on a firmer early week. weak intervals and President's call for an extra session spark some short selling. Steel and iron reviews hint at quickened activity while bond trading remains uneven. Total sales $2,825,000. Notable quotes show varied moves across major issues with some rails and industrials closing unsettled.
Quincy bank clearings for Wednesday reported by the Quincy Clearing House Association show 164,968 dollars in today’s clearings. Last week’s figure was 205,220,209? The figures appear garbled with a prior year amount of 199,358.
Hogs receipts reach high volumes in Katnas City Omaha and Chicago with varied bulk prices around 14.55 to 16.26 for heavy hogs. Cattle receipts show steady to slow demand with steers near 11.25 and cows around 6.10 to 12.25. Sheep receipts mix with lambs and yearlings trading between 10.00 and 15.35. Markets detail regional totals for Katnas City, Omaha, Chicago, St. Louis and National Stockyards.
Chicago market notes show butter values rising with creamery and firsts quoted around 28% to 40 cents, with markups and case pricing. Kansas City and New York report similar gains in butter and creamery items, while eggs, poultry, and cheese prices vary by grade and region. Sugar and coffee prices are listed with daily spot levels and adjustments.
Local hay prices rise as nineteen farmers deliver hay and straw with loads selling from 7 to 14.60 dollars per ton. Corn holds at 1.20 per bushel and oats at 0.64 per bushel.
Local markets list prices for milling and farm products including No 2 wheat 1.85, corn 1.12 to 1.20, oats 0.60 to 0.62, baled straw 0.36 to 0.37, baled hay 0.11 to 0.13, alfalfa hay 27, shredged fodder 8.00 per cwt. Seed prices quoted for Alsike clover 10.50, new clover hay 10.30, timothy 1.25 2, clover seed 9.50, millet seed 0.76 to 1.00. Flour and mill product prices set by Knollenberg Milling: high patent city 10.00, straight patent 9.80, hard wheat 10.00, graham 5.00 per cwt, bran 2.00, etc. Hog and cattle quotations list varied weights and prices from 10.60 to 14.30 for hogs, calves 9.50 10.50, steers 8.50 9.50, cows 7.0 8.50, sheep 4 to 5.60. Poultry, eggs, hides, and tallow prices shown, with multiple classifications from local buyers.
Seed market report lists Barley Timothy and Clover seeds with quoted cash prices in Chicago and Toledo. Prices shown include Barley at 1.00 per unit and Timothy at 9.75, Clover seed cash prices around 10.10 to 11.50 with March terms. Multiple seed varieties and price points cited with city and date references.
Wheat opened steady then fell to 1.83 as locals sold, with fair short covering triggering a brief rally before sliding to 1.84. Export demand waned due to limited tonnage. Corn began weak, rose to 1.12 1/2 as longs sold, oats followed corn’s weakness.
A public sale listing dated March 22 names Charles Stauffer located four miles northeast of Barry. Details specify sale action and location for interested bidders.
March 2 market notes show hay mixes at 16.50 to 7 dollars, timothy 15 20, clover 16 6, alfalfa 20 25, straw 9 9.60 for rye and oats. Receipts reach 479 tons with shipments and varying prices for timothy, straw and oats. Polish mirrors cleaned with alcohol cloth then dry cloth.
Carthage officials announce the Hancock County Fair will be held the last week in August. Secretary Dr Al Denton and others arranged the date with neighboring counties in Bushnell. The fair will feature an educational exhibit with premiums totaling 225 dollars for maps, reading, art, and science projects across county schools.
Governor Starrington ordered two companies of the Maryland national guard to guard the Pennsylvania and Baltimore and Ohio rail road bridges over the Susquehanna river at Havre de Grace. The measure follows a preparedness conference and the units just returned from the border.
London March 22 The American bark Brown Brothers has been posted as overdue. The vessel, 870 tons gross, sailed from Brunswick November 18 for Troon Scotland. Owned by the American Shipping Company of Brunswick Maine.
An old newspaper advertisement urges readers to mail a cutout with name and address for a trial package. It touts Foley’s Honey and Tar Compound for coughs and colds, Foley Kidney Pills for pain and rheumatism, and Foley Cathartic Tablets for constipation and bowel issues.
The Round Grove township meeting of the Marion County Sunday School association was held at Emerson Christian church with presiding T B Marksbury. N Hf Ludlow spoke on Holding the Older Boy, Rev J T Bloom spoke on The Teacher Trained and Sunday School Organized, with devotionals by Rev O F Philips. Miss Beard of St. Louis gave an address, large attendance noted, several Sunday schools represented.
Marion county court judges and Highway Engineer A V Ely toured oiled earth roads near Moberly to judge their spring performance against frost thaw and rain. County Agent Nielsen plans soil testing for farmers across the county while many consider using grout limestone this spring. Prof F G Kraege will lecture on dairying in Philadelphia and Emerson tonight for local agricultural groups.
Count Von Reventlow writing in the Deutsche Tages Zeitung argues that the United States and European maritime powers should keep ships in home ports for the duration of the war after the sinks of City of Memphis Illinois and Vigilancia. The Dusseldorf General Anzeiger says sinking three American ships will bring special satisfaction.
An old advertisement touts Sloan's liniment as a fast, non rubbing relief for muscle soreness, stiffness, rheumatism, gout, lumbago, grippe, bruises, and backache. It claims the clear liquid penetrates without staining skin and costs 25 cents at the druggist.
Anna D youngest daughter of Rev and Mrs J M Baily died March 14 at the family home in Farmington after a long illness. The Baily family made many friends during his pastorate at Monroe City Christian Church. The piece notes Lena King ham and Elbert Hickman wed in New London and mentions local residents and events including a fire at the News office, property losses insured, and various community updates.
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