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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
May 05, 1916
Page
5
Chicago reports a heavy market close with wheat down around 2.5 to 3 cents as optimistic planting conditions and British reserves influence prices. May and July contracts slide, corn and oats weaken, while hogs support provisions and lard exports rise.
Chicago markets show butter and eggs lower with receipts and varied firsts while poultry and potatoes move unevenly across Michigan Wisconsin and Minnesota. New York sugar and butter terms steady to firm with coffee prices steady as spot market notes mixed readings across multiple regions.
East St. Louis stock market notes May 5 shows strong demand for horses and mules. Draft horses bring 225 to 185, saddle and saddlebred types around 135, and mules range from 124 to 180 for 14 to 16 hands.
New York May reports a dull to apathic market with light dealings and an undercurrent of firmness before heavy Mercantile Marine selling pulled prices lower. Mexican Petroleum rose to 103 1/8 with American Smelting and Greene Cananea Copper gaining modestly as war shares and coppers fluctuated.
Livestock markets show hogs about 6 500 head with prices around 9 65 to 9 90 for mixed and good heavy hogs. Cattle receipts near 1 000 to 2 000 with steers near 9 25 to 9 50 and cows around 8 25 to 9 50. Sheep about 2 000 to 10 000 head with lambs near 11 60 to 12 00 and yearlings to 10 00. Market notes from St Louis and Chicago indicate firm to higher trends across categories with mixed quality and weights.
Prices for hay and grain including No 2 wheat at 1.10, oats 3 5640c, baled hay prices from 5.00 to 13.50, alfalfa 1.00, clover seed 13.00 per bushel, milling products from Knollenberg with flour prices from 3.50 to 6.20 per cwt, bran 1.15, corn meal and linseed meal priced, and hog prices by weight with shipments west of the river at stockyards showing various weights and bids.
Receipts show cattle at 4,000 head with native beef steers 7.90 to 9.95, western steers 7.90 to 8.90, stockers 5.90 to 6.65, cows and heifers 4.25 to 9.50, calves 6.25 to 9.50. Sheep receipts 11,000 with wethers 2.90 to 2.30, ewes 5.25 to 19.10, lambs 7.75 to 11.85 pounds. Hogs mixed by weight from 7.95 to 9.00. Local butchers corrected daily quotes list hogs and fat cattle, poultry, eggs, butter, hides, wool, and various fats and oils with detailed price ranges.
Political news again led the day as traders liquidated long wheat positions to avoid losses while exports remained weak. Crop conditions justify higher prices but caution persists until the political situation clears. May corn stays tight but tracks wheat as bears weigh on planting conditions. Oats see early selling and spread unwinds for profit while domestic demand edges up.
The local market had steady prices across livestock and farm products on Thursday. Hog prices held steady while corn oats and hay varied with loads selling from 40 to 71 cents per bushel for corn and 11.50 to 14 dollars per ton for hay.
John Terry died at 1 10 a m Thursday of cancer in the Soldiers' and Sailors' Home hospital after being a patient since April 24. He was 78, a long-time state resident, widower, and father of one daughter, Mrs Mary Miller of Peoria. The obituary notes various residents' furloughs, job changes, illnesses, and a cup shower plan at the Home headquarters.
Real estate transfers show Anna M. Cigrand to B Morrison Nelson for lot 7 and part lot 8 in Bailey's add Camp Point for 1700 dollars. James R Moffett and Julia M Wallace trustees convey lots 138 and 14 in Moffett's addition Clayton for 3800 dollars. A health department case notes measles Bertha Phillips 420 South Twelfth Street reported Thursday.
Arthur Edward Burroughs 42 of Chicago and Agnes Charlotte Von Bracht 28 listed. Paul N Burzlaff 25 of Clinton Iowa and Elsie E Vernham 23 of Quincy appear. Bryden Fleming 30 of Quincey and Madeline Eckhart 80 of Kansas City Missouri listed. Ralph Earl Jack 24 of Farmington Iowa and Gladys Cora Parker 22 of Ft Madison listed.
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