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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
May 07, 1920
Page
12
Chicago May 7 corn prices jumped to season highs as supply tightened and demand remained brisk. No 2 yellow corn commanded up to 2 dollars per bushel, with July at 1.715 and September around 1.62. Oats moved with corn, hogs gained support for related pork products, and reports of Dutch banks buying Argentine corn for Germany fed a bullish tone amid broad export talk.
Cash wheat and corn prices show modest gains and varied quotes across Chicago Kansas City St Louis Minneapolis and New York. Notable levels include No 1 hard wheat around 2.00 to 2.15 per bushel and corn near 1.00 to 1.15 per bushel with mixed and white varieties cited in several markets.
Market report notes hog quotations rise fifteen cents while hay and grain offerings remain light. Traders watch feed costs and demand as live hog prices advance slightly amid cautious buying.
New York stocks opened irregularly higher on Thursday with wavering conviction and profit taking restraining gains in many issues. Heavy activity centered on industrials steels oils and shipping while bond gains supported the market and call money stayed around 7 percent as dealers watched currency and credit signals.
Markets show varied creamery quotations, with firsts and extras noted across multiple lots. Poultry, potatoes, and fats move at uncertain prices amid mixed regional reports, while New York and Toledo markets list cash and futures values for dairy grains and seeds.
Chicago and St Louis reports show cattle receipts around 12 000 with steady to higher prices for steers and yearlings. Hogs receipts about 14 000 with mostly higher early prices, lambs and sheep mixed with gains for shorn lambs and higher top quotes. Kansas City cattle and hogs also noting slight gains and overall firmness across markets.
Peoria Wis May 7 Tegre 2500 cattle and calves trading active and generally steady. Top cattle 15.96 with bulk 13.50 to 14.75. Lights 14.59 to 15.00, mediums 14.25 to 15.00, heavies 13.00 to 14.25. Calves lower while other cattle hold steady. Sheep 3090 head strong with 76 pound Arizona spring lambs at 19.00 and native spring lambs at 20.00. Cattle and calves overall mixed with feeders weak and stock steady to strong.
New York money markets show steady boxchange with sterling demand at 3.85, French francs at 16.30, and Luxemburg francs at 15.40. Guilders near 3.65, Lives quoted at 10.78, and marks around 1.90. Six government bonds firm, railroad bonds uneven. Time loans strong across 60, 90 days and 6 months. Call money fluctuates with the ruling rate and last loan at 7. Bank acceptances at 6.
May 7 New York final prices show liberty bonds at varied levels including 3148 91.59 and first second and third issues with different coupons. Government bonds TS 2s are listed with details, Panama matters appear in the note but are unclear. overall bond market activity is summarized in this fragmented OCR.
New York traders closed May futures at 40.59, July 48.203, October 30.41, December 35.08, and dang 20.123. Spot cotton remained quiet around 41.50.
Palmyra May 7 report lists licenses issued in the past week. Couples include Atlee C. Jones with Margaret C. Walker Hannibal. Thomas H. Turney with Vera R. Kemry Louisiana. Ernest H. Helshe with Blanche A. Fitzsimmons Hannibal. Thomas Hussell with Iva E. Baker Mendon. Marion K. Turner with Mary Dwyer Mannibal. George W. Peters with Lola Griffin Hannibal. Clarence Whaland with Sophia Ryan Liberty. Walter Turitan with Ethel D. Rasser Arwenime. Ruby Ho Freeman with Oma L. Gibony Hannibal. Louis W. Straiey with Thelma M. Clark Quincy.
In OMAITA Nebraska on May 7 twelve sugar concerns holding 67 100 pounds seized by the Government last week released it Wednesday. They agreed to market at a 2 cent margin making 21 cents a pound in most cases. Sugar of the Milder Grocery Co and Isadore Nathan hold 101 000 pounds. Hoarding charges face heads of the concerns.
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