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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
May 07, 1918
Page
10
Market report notes corn closed down then rebounded as end of session denials of peace rumors circulated. Oats and provisions moved lower, with government crop concerns seen looming. Northwest car loads and weekly shipments show mixed totals across Wheat, Corn, and Oats readings.
Grain market listings from Chicago St Louis Minneapolis and other cities show mixed corn prices with No 2 and No 3 yellows trading around 1.60 to 1.65, No 2 white near 1.68, and months or sample grades noted. Oats and rye prices vary, with timothy and prairie hay also cited amid overall softer or uneven cash quotes.
The column notes favorable influence from the Liberty Joan cover subscription and gains in leading issues. Steel shares hit 100, Sinclair Oil at 28 plus, and unlisted securities like Foodwanna buoyed by bullish market mood. Recommends Okmul Bee, Oklahoma Oils, Mother Lode, Alnaka copper, Kerr Lake, Hecla, Cresson Gold, Caledonian, Aetna Explosives, and Wright Martin on dips. New York Money: Mercantile rates steady, Mexican dollars around 77, time loans 5 to 6 percent.
Long Commission Co. notes excellent weather and large receipts as planting starts early in Iowa. Oats fall to low levels before shorts cover and resting orders, with no export bids. Provisions fall amid weak grain demand and meat needs estimates. Stocks rise on favorable war news and Liberty Loan subscription. American Sumatra Tobacco gains on peace-term talk.
Market writers report no change in local quotations Monday as rain limited sales. Nine wagon loads of farm products reached the city lot with hay selling at 19 dollars per ton and 19.5 dollars per ton for a single load, corn at 1.50 a bushel, and baled straw at 8 dollars per ton.
The Knollenberg Milling Company lists prices for hay, grain, and milling products including wheat at 2.10 dollars, yellow and white corn, oats, rye, various baled hays, hullings, and bran. It also notes hog, cattle, poultry, and hides quotations from local buyers and stockyards with prices by weight and grade, plus dairy and feed mixes.
Seed market data from Toledo lists TOLENO May prices for lover seed prime cash 18, Oct 14.5. Alsike prime cash 15.25, Timothy prime cash 0id 3.0, 0 new 3.82, Sent 4.45 Oct 4.13. Prices appear as brief commodity quotes with month tags and cash terms, reflecting varying seed types and dates.
A garbled OCR fragment shows references to retail coupons and government bonds with figures like 28, 48 and 3 percent. The text hints at regular prices and coupon values rather than a full article. No identifiable people or organizations are clear.
On May 7 in New York the stock market climbed as Liberty loan prospects boosted sentiment. United States Steel led with a 2% gain to 104, surpassing its yearly high, while Affiliated Industrials and Bethlehem Steel, Crucible, Lackawanna, Republic Iron and Great Northern Ore held gains of 1 to 2 points. General Electric, New York Airbrake and American Car advanced late. Kraus lagged early but strengthened with trans-Continental and other rails. Total sales around 20,000 shares. bonds firm.
Chicago May 1 hogs receipts 43,000 with bulk 17.25 to 17.75, cattle receipts 15,000 with native steers around 19.10 to 17.70, sheep 10,000 with lambs 15.50 to 21.25. Other markets include St. Louis May 7 hogs 10,600 higher, cattle 6,200 steady, Kans City hogs 12,000 strong, cattle 12,000 strong, Omaha 10,000 hogs steady, cattle 10,300 steady, Sioux City 7,500 hogs higher, cattle 4,000 strong, St Joseph 7,000 hogs lower, East St Louis 10,000 hogs open high, cattle 6,000 steady, Indianapolis 4,500 hogs steady to 10c higher.
David W. Swain, injured when a horse drawn hayrack accident occurred Saturday morning, died Saturday in a Keokuk hospital. He was 480 acres of Hancock County landowner, husband, and father of four, with extensive holdings and ties to Carthage. Funeral held Monday at his home with Rev. Ferris officiating. Burial at Moss Ridge. Vendor sale details follow with 42 sheep averaging $30 and total sale $2,900 conducted by Col. Lee Francis and Col. Moore.
Hannibal Missouri May 6 Marion county reports a strong showing in the Third Liberty Loan bond sale with 7911000 subscribed by 6704 holders. Hannibal 532100 with 4246 subscribers and area banks and towns adding substantial totals as officials predict the county will exceed 800000 in subscriptions. The effort follows top results in Red Cross Y M C A and thrift stamps as county leaders push war fund drives.
LAKENAN MO May 7 The sheep and Jersey cow sale of Rev Robert McElroy held at Lakenan Saturday proved very satisfactory to the owner with strong bidding and good prices for the stock harvested from the farm auctions reflecting a solid market turnout .
Rent products show varied fresh gathered storage, firsts and extras with percentages. Cheese and live poultry feed steady receipts, state specials and average runs. Kansas City butter and eggs reporting May 7 prices. New York raw sugar steady with centrifugal at 6.005 and molasses nominal.
The Wabash weekly crop report notes wet cool weather through the week delaying growth except for wheat and oats. Rain in prior weeks improved soil for plowing and planting. wheat prospects are excellent with rising acreages. oats show large planted areas near last year. corn acreage expected higher than last year. vegetables suffer from weather. fruit reports mention peach damage but apples look promising if no further cold rain or frost. Meadows show improvement but still slow growth due to cool temperatures.
Maywood sees momentum for a local home guard unit with real estate dealer leading the push. Captains Hubbard of Quincy and Newton of Lewistown to speak at the Maywood theater Tuesday evening about organization. The Doverites plan their annual basket dinner next Sabbath with Mothers Day services to follow.
Timonthy hay market dull and lower with liberal offerings and reduced demand. Quotes include Timothy No 1 24 49, standard 22 23, No 2 17 19, No 3 10 12, threshed 9 10, headed 11 12. Clover hay No 1 29 21, No 2 18 18. Alfalfa hay choice 27, standard 24 25, No 1 21 25, Prairie hay No 1 1740 17.50, No 2 14 17, straw 6 7.
A physician describes Spring Fever as a physiological lassitude from winter iron and phosphorus deficiency, not a true fever. He links diet, lack of greens and oxygen, and indoor heating to the condition, and recommends Phosphated Tron capsules to restore balance, with a note to insist on capsules only through Owl Drug Store and major druggists.
CHICAGO butter steady at 5.43, eggs steady. receipts 17,846 cases with firsts 32%6 13% and ordinary firsts 32. potatoes lower with receipts 25 cars from Wisconsin Michigan Minnesota. bulk 90 to 1.05. poultry alive lower with fowls 27, springs 25. ST. LOUIS eggs fresh firsts 31c per dozen. butter creamer extras 43% firsts 68, seconds 85 36. cheese quotes by type. live poultry fowls 24% to 31, ducks 24, germane values listed. NEW YORK butter firm with receipts 4,969. creamery higher than extras 48% 49, firsts 44%6 47, packing stock cut.
The market shows strong demand for horses with broad buyer activity. Draft horses fetch $225 to $250, farm mares $125 to $165, southern types $115 to $130, and southern horses in various grades from $35 to $110. Mules are scarce. 16 to 16.5 hands bring $200 to $300, 15 to 16% hands about $170 to $195, 14 to 14.4 hands $90 to $110, 13 to 13.5 hands $80 to $100, 12 to 12.5 hands $75 to $110.
Steady and strong market in St. Louis notes government maximums for country hides with varied prices by grade. Dry and wet salted hides, bull and pig pelts, horse hides, and sheep pelts listed with per pound and per unit quotes for April and earlier take-off in Ohio and Middle West regions.
J H Church repairs his restaurant with new show windows and a front awning. An elevator car delivered coal last week. Fuel administration urges buying coal for next winter. Lowe and Quinn shipped extra fine cattle, averaging $248 per head, just 15 cents shy of market topping. EN Garkle left for an indefinite visit with his sons in Colorado.
Mrs. Potter Palmer of Chicago died in her Sarasota winter home after illness. Her body will be taken to Chicago for burial. A leader in public life, she helped organize the Chicago Business Women's club and the Civic Federation, and chaired the board of women managers for the 1893 World’s Columbian Exposition.
James M. James longtime Lima Lake Drainage district commissioner died at his Pekin home Sunday night. He was a banker who represented Chicago firms Cummings and Bergquist and was frequently seen in the area around the drainage district. His successor will be named soon.
An advertisement urges using Wyeth's Sage and Sulphur Compound to darken gray hair naturally. It promotes a ready-to-use preparation bought at drug stores, applied with a sponge to strands, claiming results by morning with repeated use. The product is described as a cosmetic, not a medicine.
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