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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
May 08, 1918
Page
10
Chicago May 8 market report shows excellent field conditions weighing on corn, oats decline, May deliveries firmer than July but no sales to seaboard. Provisions ease with grain weakness, hogs up offsetting losses. Northwest and Winnipeg car loads listed with price and shipment figures.
Long Commission Co. notes lower corn amid heavy liquidation and lean domestic demand, with visible stock down 358000 bushels and total 16711000, versus 6525000 last year. Plowing resumes, warmer weather expected, May futures pressured by liquidations then rallied, while weather and crop optimism buoy stocks led by United States Steel amid a strong market session. Wheat and grain shipments compare to prior year, with mixed weekly figures and a note on war news as a potential disruptor.
The livestock market was the day s sole rise with hogs up twenty cents. Thirteen wagon loads of farm products arrived and sold. Hay sold for 14.50 per ton, one load 19 per ton. Corn sold at 1.50 a bushel, oats at 0.79 and 0.78 per bushel on two loads.
Knollenberg Milling issues May price list with wheat at 2.10 dollars and corn at 1.45 to 1.50 for 70 pound tons. Includes bale hay prices, bran and meal bids, livestock quotes for hogs and calves, poultry and hides rates, and regional grain futures for Toledo markets with seed and timothy notes.
Chicago hogs receipts 25,000 strong bids mostly 27.45 to 17.90. cattle receipts 15,000 weak with natives 10 to 17.60. sheep receipts 11,000 with lambs around 15.50 to 16.75. In St Louis hogs steady to 17.80. cattle steady 11.50 to 17.60. Kansas City and Omaha report mixed hog and cattle prices. Sioux City and St Joseph show varied hog and cattle bids. New York and Chicago butter and cheese prices steady to firm. eggs and poultry mostly steady with small regional shifts.
Chicago and St Louis markets show mixed corn and oat prices with No. 2 yellow corn around 1.67 to 1.75 in places, No. 3 white and mixed varieties listed, oats and white grades vary, Kansas City and Omaha also report cash corn and oats levels, while New York spot oats weaken and corn quote reflects kiln dried demand. Market activity notes include price ranges, grade distinctions, and regional quotes across several midwestern cities.
The Timothy hay market is dull and lower with ample offerings and weak demand. Prices shown include Timothy No 1 at 24 25, standard 22 238, No 2 17 19, No 3 10 12, and threshed 9 10, head ed 11 12. Clover mixed No 1 20 21, No 2 17 18. Weavy clover mixed No 1 16 17, No 2 12 13. Clover hay No 1 18, No 8 15 16. Alfalfa hay choice 27, standard 24 25, No 1 23 24, No 2 17 15. Prairie hay choice 17 17.50, No 1 15 16, No 2 9 10. Straw 6 7.
Stocks rose as Industrials led gains with about 3 percent advance to 1033 on roughly 300,000 shares traded. Major names Bethlehem Steel American Can Republic Iron Crucible Steel and Cast Iron Pipe gained. International Harvester hit 6.34. Coppers oils tobaccos and motors also climbed amid total sales near 920,000 shares and par value bonds firm.
Carthage report details a severe accident when Benjamin Molen aged about 75 riding in a buggy was struck by a Chevrolet driven by Trs. Gibbons. Molen suffered a broken nose and a left arm injury with bone protruding. He had visited Dr Robbins for extractions before the mishap. The buggy did not overturn and the incident occurred at the northwest square corner as the vehicle turned west. The narrative also notes obituary and local church events including the death of Lafayette Theodore Roberts aged 61 and a college music recital by Lola Fletcher with a senior program at Trinity Lutheran church.
Market remains quiet with buyers for all kinds of horses and farm stock. Prices range from 125 to 225 for various farm mares and southern types, with typical draft and smaller horses priced from 75 to 185 depending on size and age.
Market notes report government fixed maximum hide prices for regions including Ontario and the Midwest with varied rates for extremes and bulls, plus receipts and stock pricing for wet salted and dry hides, goat skins, sheep pelts, and glue stock. Separate New York coffee spot prices show quiet trading with Santos and Robusta quotes.
An advertisement extols female efficiency through a strong body and healthy constitution. It links ill health with backache headaches and nervousness, then promotes Lydia E Pinkham's Vegetable Compound as the most successful root and herb remedy to restore health and personal efficiency.
The May 8 report notes final action on the sedition bill, approved by the Senate and sent to President for signature. Officials expect prompt signing and strict enforcement to curb disloyal acts. Penalties include up to twenty years in prison or a $10,000 fine for uttering disloyal or abusive language about the United States government or the flag.
Washington dispatch from Teheran reports conditions in Persia as desperate due to famine and disease, with the American legation noting severe shortages and widespread distress.
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