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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Mar 23, 1917
Page
10
WEAT RAISES ON SEABOARD REPORTS authorities in Chicago report that Dutch and other merchant fleets are bound for the American ports to lift wheat prices. The market shows strength across wheat and corn with bullish Argentina estimates and improving eastward freight, while hog prices ease briefly.
Chicago and Kansas City report mixed grain prices with No 2 hard wheat around 1.95 to 2.02 dollars, No 2 yellow and white corn varying near 1.10 to 1.28 dollars, oats around 0.60 to 0.63, rye about 1.60, and other lines showing standard bid quotes for nearby and deferred contracts. The notes include regional variations from St Louis Peoria Omaha Minneapolis and New York exchanges, with several entries indicating nominal or unchanged quotes and nearby cash prices. A brief drug ad for Dr Bell’s Pine Tar Honey appears at the end.
The Northwestern Miller reports flour output for the week ending March 17 at 832,600 barrels, well above last year’s 408,000, with only 10 mills operating and a light week anticipated. Some mills sold 60 percent of output while others booked as much or more than fall production. Messages note US government inquiries for flour and several hard tack contracts to crackers. Lecount from Oklahoma City says wheat looks promising but needs rain. Clinton area shows ample stand and good color. Buenos Aires cable fixes corn crop at 66,000,000 bushels with 12,000,000 exportable surplus. Kansas City reports strong cash corn demand. feeders leaving and contracting for 20 and 80 day shipments.
Long Commission Co notes a steadier opening with nervous, easily influenced trade. Cash markets stay strong for old hard wheat in Chicago while country offerings are light. European demand and Argentina corn prospects press prices. oats show mixed activity as May bids meet large receipts. Provisionals soften with profit taking and softer hog demand.
CINCAGO March 28 Wheat stayed quiet with locals buying early then selling out pushing May futures from 1.86 to 1.85 dollars. Export demand was absent while cash premiums supported strength. Crop conditions are good overall except some Kansas territory areas, too early to judge overall. Corn traded higher amid selling pressure on bulls and bears with few on the buy side. Oats firmed in line with corn.
In Toledo Ohio and Chicago Illinois market notes seed prices show Clover Prime cash at 11.16 for March 10.95 for March and 10.40 for April. Alnike Prime cash and March 11.65 Timothy Prime cash and March 2.65. In Chicago No 2 Rye nominal Barley 1.00 71.32 Timothy 3.74 5.73 Clover 12? 1s.
Butter and cheese prices vary across markets with slight upticks in creamery butter and irregulars. Chicago and Kansas City show mixed dairy quotes with firmer firsts and lower seconds, while poultry prices ease in some regions. Canadian banks hold deposits near $1.5 billion, up $232 million from last year.
New York trading on March 23 reflected generally broad exchange dealings with continued demand for profits and short sales. U S Steels led, motors and metals pressured, total sales 990,000 shares. bonds featured nominal activity, domestic issues slightly shaded, par value trades $2,850,000. Foreign exchange steady with minor ruble and German Austrian rate firmness.
Figures show Quincy Clearing House clearings for Thursday with a decline from the previous week and year. The same day figures are 185,284 a week ago and 198,958 a year ago, with the current Thursday amount not fully legible.
Chicago and St Louis grain and livestock markets show mixed receipts and varied prices. Cattle hogs and sheep receipts range from 2,700 to 14,000 across cities with bids and quotes in the 7 to 16 dollar range for steers, cows, calves and lamb offerings.
Market snippets show St. Louis on March 3 with mixed timothy priced around 16 to 20 and alfalfa around 16 50, while Chicago on March 23 reports hay receipts at 202 tons with shipments 184 tons and timothy prices in the 17 18 range, No. 1 at 15 18, No. 2 at 14 18, and straw rates near 7 79.50 per unit.
A Republican caucus of congressional representatives is scheduled for 8 p m on March 31 to discuss organization and the legislative program. A Democratic caucus is set for Friday, March 30. An unofficial house tally shows 214 Democrats, 214 Republicans, 2 Progressives, 1 Independent, 1 Prohibition, 1 Socialist, and 2 vacancies. Nitrate lands owned by Chile will be sold in April with proceeds partly funding a new railroad.
Twelve farmers appeared on the city lot as hog prices remained steady on the live stock market. Hay and straw loads sold at 13.50 to 15.00 per ton. Baled hay brought 13.60 and 15.00 per ton, one lot sold for 7.00 per ton. Corn sold for 1.20 per bushel and oats ranged 0.60 to 0.63 per bushel.
Prices paid for hay and grain include No 2 wheat 1.85, corn 1.12, oats 0.60 0.62, baled straw 0.36, baled hay 11.18, loose hay 10.12, alfalfa 22, shredded fodder 1.00, various seeds and milling products from Knollenberg Milling. Hog prices range by weight from 90 to 250 pounds with 11.20 to 14.30 quoted, wagon hogs up to 13.90, pigs 11.50 12.25, sheep 4 to 5.50, poultry and butter prices listed, hides and other byproducts also priced.
Gov. Gardner announced appointments from June 19 under the new law. William Painter, Carrollton, as prison board chairman. J. Kelly Pool, Centralia, and Henry Andrae, Jefferson City, as associates. Other picks include regents for Springfield Normal, Lincoln Institute, and managers for Federal Soldiers’ Home at St James, Confederate Soldiers’ Home at Higginsville, and various state hospitals and schools. Alexander K. Graham of Kansas City elected state highway engineer, with J. Russell Ellis and J. P. Davis named assistant engineers.
Dordrechts report notes that few in the Netherlands profited from the war. Profits were concentrated early in the conflict among farmers and a few businesses while many suffered from higher living costs. Wages rose for some, but not enough to offset soaring food prices.
In fall 1916, about 58,000 silos with an average capacity of eighty nine tong were in use on Wisconsin farms. One farmer in three on farms over twenty acres owned these storehouses for silage and feed.
Dr I D Selefried and others attended a meeting of the A F ALOM. Ant damage noted from recent rain and freeze with ground conditions improving. A majority vote approves building a new Christian church on West Masin Street east of Mrs Rachel Werring's residence. Lower floor of the T C C FL building to be remodeled for public use. Postmaster Mrs Vernie Burner resigns and office to move with new appointment. Miss Seattle Black returns to Timewell after winter visit. Elzy Simons and Murry Duffy host Basco guests.
An advertising caption promotes Sloan's relief for muscle soreness from unusual work and strain. It claims quick, easy penetration without rubbing, no skin staining, and suitability for rheumatism gout lumbago grippe bruises stiffness backache and other external pains with a 25 cent price at druggists.
Illinois livestock interests backed by the state board will seek measures to curb hog cholera and cattle tuberculosis. Bills to require health certificates, enforce quarantines, and prevent importing infected cattle are being prepared. Funding and enforcement issues delay introduction. no plan for hog cholera serum distribution will pass.
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