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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
May 05, 1918
Page
14
Chicago May 6 market reports corn weak on weather and peace talks with May at 1.27% and July 1.48% while oats lose fractions. Provisions gain 16 to 50 cents as hog prices firm. export demand hopes fade and domestic shipments slow. Comparative quotes show mixed movements across corn, oats, and livestock amid North American car lots and weekend receipts.
Commodity quotes for corn and oats across Chicago St Louis Kansas City and New York with mixed yellow white and sample grades listed. Prices range from about 1.08 to 2.60 per bushel and include No 2 white No 3 yellow No 4 yellow and other standard grades along with spot and future references.
The market sat in a narrow range with selective realisations. Oil and copper plays draw interest while oil stocks including Sinclair Oil show buying around 27 and metals like Kerr Lake and Mother Lode are marked as bargains for potential gains. Also notes on curb market activity and Caledonia and New York Money as favorable buys amid pending war effects.
Market letter notes small corn trade with prices near Sunday close and profit taking by Thursday buyers. Oats move with corn, final prices slightly lower amid good weather and crop reports. Provisions trade light with scalping activity. western hog receipts fall below last year. Stocks dip on Saturday session and Europe war fears. Liberty loan completion expected to ease money market, keeping war news as market force.
Yellow corn rose from 1.45 to 1.50 per bushel on Saturday while oats fell 6 cents to 70 cents. Twelve wagon loads of farm products were sold by noon at the city market yard. Hay and feed prices included baled mixed hay at 20 per ton and timothy at 21 per ton. A single corn load brought 7.50 per bushel and vits sold at 78 and 76 cents per bushel. Baled oat straw sold at 8 per ton.
Milling prices for hay grain and mill products list wheat, corn, oats, rye, straw, clover, hullings, and finished feeds with per cwt and per ton figures. Hog prices by weight class from C B Q stockyards include choice, rough heavy, and pig categories, alongside poultry, butter, hides, and tallow quotients, all reflecting local market rates.
Seed Market Toledo lists prices for Clover and Alsike seed in cash terms. Prime timothy ranges show new and old crop values with figures for May, Sept, and Oct delivery. Ort seeds priced lower, reflecting market grading and seasonal availability.
Rye and barley prices listed for Chicago market with figures for rye No 2 nominal, barley and timothy, and clover showing small price spreads amid trading. Names of grain types include rye barley timothy and clover with quoted price ranges.
New York May 5 The Liberty loan drive climax brought dull irregular trading in Saturday's stock market. Most issues moved within fractional limits with United States Steel off slightly while Marine Preferred Distillers' securities Willys Overland and Sumatra products posted small gains. Sales totaled 155000 shares and bonds saw $2,950,000 par value. Bank reserves fell by about $35 million leaving excess around $37 million.
Chicago hog receipts 13 000 Monday 42 000 strong. cattle receipts 1 000 steady native steers 10 to 17.60. sheep receipts 3 000 steady lambs 15.50 to 21.00. St Louis hogs 3 500 steady, cattle 600 steady. Kansas City hogs 900 higher, cattle 200 steady. Omaha hogs 7 000 steady, cattle 3 800 steady. St Joseph hogs 2 400 steady, cattle 400 steady. Sioux City hogs 6 000 higher, cattle 600 steady. East St Louis hogs 3 500 steady, cattle 6 000 steady. Indianapolis hogs 2 000 steady. Tokens of mixed prices and regional receipts.
Markets in New York report mixed receipts across foods with butter eggs and poultry showing various price movements, while Chicago and St. Louis notes indicate firmer butter and higher egg prices. Kansas City shows no change for butter eggs and poultry. hide prices rise with improved quality.
New York World notes veteran Mississippi steamboat men urge government to take over lines and run with railroads until war end. They claim modern lines on western rivers are scarce and obsolete methods persist, pushing for steel towboats and barges with extensive river terminals nationwide. Several cities plan terminal improvements amid government funding and bids to modernize river transport networks.
The War Industries Board proposes maximum prices for hides and skins based on current market values with some set by April sales. Future production prices are under discussion. Readouts include wet salted hides varying by grade, dry stock quotes, horse and sheep pelts, goat skins and kid prices, with glue and other byproducts listed.
Timothy hay market dull and lower with liberal offerings and curtailed demand. Quotes include Timothy No 1 24 025 standard 22 238 No 2 17 19 No 5 10 gis threshed 94d710 headed 11 sk light clover mixed No 1 320 21 No 2 17 18 heavy clover mixed No 1 SIS 17T No 2 12 13 clover hay No 1 18 No 2 SIS 16 alfalfa hay choice 27 standard 24 25 No 1 23 24 No 2 17 19 prairie rus choles 17 17 50 No 1 15 16 No 2 9 10 straw 6 7.
East St Louis May 5 market shows strong interest in horses with buyers for all kinds. Draft horses fetch 225 to 250 dollars, farm mares and southern types 125 to 165, Illinois farm mares 175 to 200, Southern horses varied 115 to 130. Mules scarce with quiet trade. 16 to 16 1/2 hands bring 200 to 300 dollars, smaller sizes 50 to 180 dollars, miniature listings 10 to 40 dollars.
George Miller, game warden, oversees about 500 young chickens and 104 mature hens laying 1,198 eggs in April. He builds five 18 by 6 foot pens for young ducks and uses copper lime water for fowl. A war garden, fruit beds, and a deer park surround the yard. The aviary includes Australian swans, Ross geese from Egypt, Canadian wild geese, and a wild brant. Some eggs and ducks hatch, with a white swan laying greens eggs. Miller is aided only by two rat terriers serving as watchdogs and assistants.
The article discusses air training dangers at Ellington Field and Texas camps. Cadets, taught to follow strict air rules, face hazards like air pockets and gusts. Lieutenant C S Chase notes aviation science, meteorology, and marksmanship as vital, while cadets progress from solo flights to formation and cross country missions.
Ruth Bailey of LaBelle Missouri won the $50 prize from Mrs Frederick D Gardner through the Missouri Women's Liberty Loan group for the best essay on the third Liberty Loan submitted by a school pupil outside St Louis. She is a LaBelle high school sophomore. Second prize of a flag went to Earl Aubuchon of Rock Church Commercial Institution St Louis. Honorary mentions went to Miss Mary Harper Chillicothe and Joseph Academy St Louis.
Paris reports a French gun scored a direct hit on a long range German cannon bombarding the city and put it out of action. Ernest A. Smith of Sheffield notes America now leads the world as a zinc producer, surpassing Germany, with world zinc output rising from 133000 tons fifty years ago to 625000 tons today due to European supply cuts and demand on American plants.
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