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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Mar 27, 1917
Page
10
A chaotic market summary details wheat and corn prices across multiple exchanges led by Kansas City and Minneapolis quotes, with oats and hog provisions noted. Reports flag weather and crop conditions influencing futures while noting government condition assessments and quick shifts in trade, with regional price ranges and daily totals.
Barrets Letter from Chicago reports wheat opening strong on local buying before selling pressure from crop killers, May futures retreating. In Chicago hogs and cattle show steady to mixed prices with varied receipts. Kansas City and Omaha follow similar patterns. Sheep remain firm in St Louis and Louisville noting modest gains and steady demand amid sparse moisture in the Plains.
Wheat-Deferred deliveries rose to a new high as Kansas and Nebraska damage reports persist. Corn active with May above 1.17, heavy selling by long interest, then rally. Oats seen by commission and cash buyers, 300000 bushels sold for seaboard shipment. Wagner free sold July wheat near 1.66. Light snows in western Kansas. Locals and commissions tried to sell corn with few buyers.
Chicago reports cash wheat difficult to price against futures amid supply confidence and farm leaders warning. A Winnipeg appeal urges patriotism and productive effort to ease living costs and bolster overseas food supply. Corn demand shifts as private reports show lower elevator stocks and a visible supply well below last year.
Markets across cities report firmer butter and eggs with creamery prices rising. Poultry demand steady with hens and turkeys listed, while sugar and coffee show stable to firm pricing amid receipts tallies and quality grades across Chicago New York and Kansas City markets.
In a Monday trading session offerings outpaced demand causing declines across sectors. War related and industrial shares fell sharply amid crop deterioration and rumors of a Teutonic drive. United States Steel and Bethlehem Steel hit new lows, total volume about 830,000 shares with par value around $2.66 million. Bonds eased modestly.
Quincy Clearing House reports Monday bank clearings totaling 223000 for the day, compared with 230001 the prior week and 143104 in the same day last year. The figures reflect activity tracked by local banks in the Quincy area.
Toledo seed prices list prime cash and March figures for clover al iltimothy with dollars per bushel or ton. Chicago nominal prices shown for timothy clover and other feeds. East St Louis market reports include prices for horses extra heavy draft eastern feeder good southern mares and mules with price ranges by weight and age.
La Grange Missouri readers note visits from Canton and Quincy relatives as families gather for illness and funeral services. John Ziar dies after long illness at daughter’s home with funeral planned Tuesday. Moller and VandenHoom prepare a local lumber yard move and other residents announce relocations and land purchases near La Grange.
T. J. Rice and Son of Shelbina Missouri visited last week while farm lists were reviewed. Mrs. Susan Leake Hightower died at her home near Lakenan on Friday night March 16 and was buried March 23, with several relatives attending from Missouri and Illinois. The town discussed a free text books vote for Lakenan school district on April 3, while neighbors visited William Taylor and family. Spring colds prompted advice to use Dr Bell's Pine Tar Honey.
Hog prices at the local stock market climbed ten cents Monday while six farmers visited the city lot. Hay arrivals included two loads sold with no prices listed. one load baled at 14.50 per ton, oats at 0.63 per bushel, and two loads of baled straw bringing 6 per ton.
Prices paid for hay and grain include No 2 wheat at 1.90, corn 1.12 1.20, oats 60 67c, alfalfa at 27, and various seed and meal prices. Hog and hog product quotes cover weights from 90 to 250 pounds with bids from 11.50 to 14.50, plus sheep, poultry, and hides quotations from local buyers and stockyards.
For Alderman Sixth Ward John Boeing. For Alderman Seventh Ward John F. C. Ottwein Jr. For Assistant Supervisors eight to be elected Fred P. Taylor William J. Cunnane William J. Boots Menke.
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