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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Mar 28, 1917
Page
10
Prices rise as Argentina imposes bread export embargo boosting demand. Wheat for May up to 1.94 and July to 1.67, corn up slightly, oats steady. Reports note Kansas Nebraska crop damages and tighter supply expectations. Northwest Car Lots and Chicago Car Lots show higher bids. futures and spot markets react to embargo and domestic crop conditions.
Chicago and New York reports show No. 2 red wheat at $2.00 and No. 2 hard near $2.23 to $2.34 fob, with various mixed and yellow futures listed. Peoria and Minneapolis notes indicate spot prices steady to stronger on crop news while several grades of corn and oats trade with modest gains.
In St Louis grain and livestock prices show modest movement with hay and clover trading at around 16 to 18 dollars, scarce but steady bison scar prices near 6 to 8 dollars, and general steadiness in oats and wheat. Chicago reports shipments totaling hundreds of tons with No 3 oats around 16 dollars and wheat near 6 to 7 dollars, reflecting a quiet but steady market tone.
The fragment references cash amounts for March and March 28 with figures like 12.20 and 11.09, but the context is garbled. No clear event, person, or organization can be identified from the readable portions.
Lowitz & Co notes very active wheat trading as crop reports from the southwest and elsewhere worsen. Dry conditions west of the Missouri River and a warmer forecast boost May, with July sold to cover Argentina export embargo. Corn advances into new ground on buying, oats firm, provisions quiet as grains strengthen. A Wednesday Omaha meeting aims to discuss receding winter wheat acreage losses in Nebraska.
Chicago March 28. Wheat hits a new deferred delivery high and May sells near last November peak amid fears of winter crop damage and Argentine embargo. Premiums remain strong as demand holds. Corn shows strength, with No 3 grades trading 1 cent to 2 cents over May. Oats rise early but fade on large warehouse selling. Available stocks cited by Bradstreet's show 14,307,000 bushels versus 1,476,000 last year. bear sentiment driven by liberal supplies slowly tightening.
Chicago March 28 report notes trade reads of crop reports. It says crops need rain and dry weather will slow growth. A good rainfall could boost crop condition, especially in western Kansas and Nebraska, currently among the weakest spots.
New York creamery butter rose to 42 34 and 44 credits with 93 score. fresh extras and firsts show strong demand. Chicago butter climbs to 40 cents. poultry prices rise for alive fowl and springs. Kansas City offers creamery firsts at 40 cents and Eger firsts at 28 cents. St Louis lists poultry gains with hens 20 to 21 cents and turkeys around 24 cents.
Fragmented ad lists horses with various drafts and prices in East St. Louis. Mentions heavy draft horses, prices around 90 to 150 dollars, heights from 14 to 16 hands, and mixed descriptors. The text also includes an unrelated line about people telling the truth after enduring hardships.
The New York market opened a dull session as traders awaited Congress. Activity was light with pools moving only select war-related stocks. Units rose modestly while United States Steel and Reading showed pressure. total volume 610,000 shares and par value of bonds at 2,260,000.
Quincy Clearing House reports Tuesday bank clearings with figures for the day and year. The data shows 169 022 for Tuesday and 149 990 for the same day last year, reflecting activity across institutions including B and O.
Chicago and three other markets report steady to higher hog and cattle receipts on March 28 with mixed to strong prices. Hog bulk ranges 14.50 to 14.75 at Chicago and Kansas City, while cattle and sheep show varied gains and declines across native beef, stockers, and yearlings. Local markets detail mill products and farm prices, including wheat, corn, hay, and various feed staples, with regional prices and commodity notes.
Invites were issued to representatives from mine operations in Illinois Indiana Ohio and western Pennsylvania to meet United Mine Workers of America officials in Indianapolis on April 6. The informal conference aims to decide if a formal joint session will follow to consider the Ohio wage increase request.
British admiralty and chemists have perfected a device that in minutes can generate enough smoke to mask a vessel for hours. All ships are being fitted with the device to facilitate escape from submarines.
Hog prices continue to advance as weather favors field work. On Tuesday bids rose ten cents with five farmers opting on the city lot. Farmers plow planting, sowing, and seeding, leaving little time for market trips. Oats sold at 62 cents a bushel. two loads baled hay brought in with no prices listed. Loose hay brought $12 and $13.50 per ton in two loads.
Delegations from nearly every county fair association in Illinois convene in Springfield to discuss state appropriations for county fairs. State Treasurer Len Small of Kankakee, president of the organization, will deliver the principal address on State Appropriations for County Fairs. About 75 to 100 delegates expected at the Board of Agriculture office.
Secretary Houston called on American farmers to join a national campaign to mobilize agricultural resources and prevent food shortages amid an international crisis. He urged waste elimination, seed testing, disinfecting seeds, soil preparation, and careful care of cereals, with emphasis on cereals and northern potatoes vegetables to cut potential losses up to hundreds of millions of bushels.
Household tip claims two ounces of salvite in two gallons of gasoline dissolves and cleans dresses gloves silks and more. Immerse items rub lightly and they dry bright with no fading shrinking or ironing needed. Saves five to ten dollars per load and requires only a wash boiler or dishpan.
Spring weather brings colds and hoarseness with it. Dr Bell's Pine Tar Honey claims to head off new colds or relieve old ones and soothe sore throats. Use at druggist, 25 cents. Formula printed on bottle. dv.
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