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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Mar 30, 1917
Page
3
May delivery grain prices jump near 1.99 a bushel as wheat leads gains amid reports of severe drought in the southern Nebraska winter crop and scarce receipts. Corn and oats follow higher, while provisions climb on stronger hog and grain markets and bulk buying by commissions and packers.
March reports from Louis UIS and other hubs show mixed wheat prices with No 3 red around 2.10 to 2.15 and No 2 white near 1.21. Chicago offers No 2 white 1.21 1.22 and various other bids, while Kansas City and Philadelphia reflect higher spot values and regional quotes. Corn futures sit near 1.20 to 1.22 with mixed lots around 1.19 to 1.26 and standard offerings around 0.66 0.66.
A garbled OCR fragment appears to list names, dating, and numerical figures with unclear context. It mentions Louis, different financial or quantity figures, and stray phrases such as graft and good southerns, lacking coherent narrative or identifiable events.
The Board of Trade will close on April 8 due to the state election, with operations limited to April 6. The Northwestern Miller reports Minneapolis output at 223,685 barrels, rising to 383,865 year over year, and a weekly forecast near 350,000 barrels if corn supply allows. In Omaha a university-farmer meeting notes winter wheat damage and calls for spring wheat. crop prospects in Kansas and Nebraska remain poor due to drought. Rushell's News reports stronger cash export demand from the Gulf and Atlantic, with small lots being snapped up.
The May wheat demand was the feature as offerings were easily absorbed and short sellers bought. cash demand fair with limited offerings. Foreign buyers seek wheat amid uneven global prices, with crop damage reports from Nebraska and Kansas strengthening the outlook. Corn reached new highs, oats gain activity, and provisions climbed to new highs as hog prices rose.
In Chicago on March 2, wheat rose on export demand while July wheat stayed flat and weak. The writer expects better western reports with growing weather and remains bearish on July wheat. Nebraska reports appeared slightly more favorable. Corn was strong with solid buying interest from shorts and oats followed corn's advance.
St Louis market shows mixed hay at 15.80 to 17.50, Timothy 16 to 20, Clover 16 to 18.50, Alfalfa 17 to 25, Straw scarce and firm at 8.50. Chicago market notes strong hay demand with 690 tons receipts and shipments 94, Timothy 18 to 18.60, No 1 16 to 16.50, No 2 15 to 15.50, Straw rye 9.0 to 9.50, oats 7 to 8, wheat 6 to 7.
A mixed advertisement lists preserved seed prices for various crops including clover alfalfa timothy and barley with March and cash terms noted. The page also promotes Sloan's Liniment for rheumatism and general external pains, claiming rapid penetration and easy application with a 25 cent price at druggists.
New Yorks dull irregular session sees over 60 percent of 570000 shares traded in morning as professionals dominate. United States Steel weak and Sinclair Oil and Midvale Steel active. bonds irregular with Pennsylvania Railroad down two and a half points. Margin notes on U S Steel and rail issues. overall market lackluster with bonds and currencies showing small shifts.
Quincy clearing figures for Thursday show 191,092 as same day clearings compared with 129,941 a year earlier. The report, issued by the Quincy Clearing House association, notes changes from the previous week.
Chicago hog receipts 21,000 with varied prices across grades. cattle receipts 4,000 with native beef, stockers, cows and calves priced. Sheep receipts 14,000 with wethers, ewes and lambs trading firm. Kansas City hogs and cattle also higher and steady respectively. St. Louis hogs and cattle receipts and prices listed. Omaha hogs and cattle receipts shown with price ranges for heavy, light, and prime steers and lambs.
Airdates from Chicago Kansas City St Louis and New York show mixed dairy and poultry markets. Butter prices range from 28 to 46 cents with creamery higher and extras up to 46c. Eggs receipts tally 13 885 cases with various firsts and packings. Poultry goods list hens roosters turkeys ducks and geese with prices per pound. Sugar and other commodities cited with firm raw sugar at 5.89 to 6.03 per cent value.
Denver on March 30 reported two carloads of heavy hogs selling for 15 dollars per hundredweight, the highest price ever recorded on the local stock market.
No. 2 wheat edged up to $1.95 per bushel this morning, with No. 8 wheat gaining five cents. Flour price rose to $10.20 per barrel. Livestock quotes climbed fifteen cents in the city market. A single load of hay weighed on the city lot sold for $14. Farmers stay busy on the farms and skip town markets.
Local market listings show prices paid for hay and grain, milling products, and hogs. Notable entries include No. 2 wheat at 1.95, corn 1.12 to 1.29, and alfalfa hay at 22. Shreded fodder 3.5. Prices for flour and mill products from Knollenberg Milling Co. include patent flour 10.40 a cwt for hard wheat flour and bran 2.00 a cwt. Hog prices vary by weight, with choice hogs 140 to 200 pounds at 14.65 to 14.80, and smaller pigs 80 to 125 pounds at 11.30 to 12.80. Also listed are prices for hides, poultry, and miscellaneous farm products.
Jefferson City March 30 An indictment charging Alex H Stephens brother of former Gov Lon V Stephens with embezzling 43000 of Central National bank funds was secretly returned by the federal grand jury Stephens then in a Nevada insane asylum the Stephens brothers closed the bank last October and set up the Boonville National to take over the business with losses larger than the indictment amount The former governor and W Speed Stephens were officers while Alex Stephens ran the bank The estate is now said to cover 125000 assets against 75000 liabilities with doubts of full payment An estimated 13 counts alleged embezzlement and falsification of records were before the grand jury Witnesses included B M Lester cashier of the new bank and Russell Moore a bookkeeper in the old bank Wimple is noted as an old English word for hood or veil.
The Ladies Aid of the Methodist Church held a dinner in the church, honoring Mrs De Bryant on her 86th birthday. Rev J M Judy presented her a large print Bible on behalf of the group. Mrs Bryant has long served church departments. Several local notices follow including travel, accidents, and obituaries such as Mrs Allen Hurst who died near Mt Sterling from measles. Funeral held at Cooperstown with Elder Griffith presiding.
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