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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
May 12, 1916
Page
3
Chicago reports a mixed session with weather forecasts pressuring wheat prices and prompts for larger planting. July and September wheat slipped while corn sagged on acreage hopes. oats varied, and provisions saw broad selling.
Mixed session with a negative tilt as investor demand faltered and market uncertainty rose due to issues in Mexico. Strong activity remained around Mercantile Marine, Mexican Petroleum preferred, U.S. Steel, Crucible Steel, and other leading equities while bond demand for Rock Island debentures and Mercantile Marine 41s supported a firmer tone in the bond market. Total stocks sold 465,000 shares and bond sales totaled $5,470,000 in par value.
Chicago and East St. Louis report hog and cattle prices with steady to firm trends. Chicago receipts include beef steers cattle and calves with varied levels, while Kansas City and St Louis publish hogs and sheep values. Dairy and produce show butter eggs cheese and poultry pricing across major markets.
In Chicago May 12 showers in Kansas and Oklahoma led to free selling of wheat as bears held the day. Damage reports from hard winter wheat areas dampen buying with export needs mainly to Manitoba. Corn faced selling from eastern interests and local brokers amid rising receipts. July oats gained on early weakness. Cash demand remained dull with plentiful supply and rapid planting.
Spot coffee steady at marginal levels with values near 945 santos 4s and 10 New York Sugar. Raw sugar quiet with centrifugal at 652 and molasses 5.75, refined firm with fine granulated at 7.65.
The Soldiers and Sailors Home notes a funeral for Mr. Ball in cottage 22 with relatives and neighbors attending. Several residents, including Mrs Harrow and Mrs Galligher, sang hymns at the service. Baking and social visits fill cottage life as families travel and friends reconnect across Decatur, Mt. Sterling, and Warsaw.
Six loads of oats and corn arrived at the local market Thursday and were sold by 4:30 p.m. Farmers continue plowing for corn amid favorable weather. Hog prices held steady. Corn loads sold at 70 cents per bushel and other loads at 40, 3, and 10 cents per bushel.
Local prices list buying rates for hay and grain including No 2 wheat at 1.10 per bushel and various hay types from alfalfa to timothy with premiums for bale and loose forms. Livestock quotes show hogs and pigs by weight, with ranges from 7.50 to 9.10, plus poultry and egg prices and daily butcher quotations for hides, cattle, and sheep.
The listing shows varied prices for cured hip and kip cuts, horse meat grades with per pound and per pound reductions, and assorted animal fats. Notable items include No. 1 and No. 2 cured kip, No. 1 horse large and medium, white and brown greases, and tallow at multiple fractions of a cent.
East St Louis market reports steady to unchanged prices for horses and mules. Heavy drafts around 1750 dollars, 16 to 16 hands mules about 150 to 175 dollars, with various weights listed. New York mercantile and metal prices also noted with call money ranges.
The Annual Meeting of the Stock holders will be held at the office of the Machinery and Motor Co on Wednesday May 1 1916 at four o clock p m. Three directors will be elected and other business as may come before the meeting. Quincy IL May 10 1916 F N Wilms Secretary.
Advertisement promotes Dr Bell's Pine Tar Honey syrup for coughs and colds in children. Claims soothing effect, calmer sleep, and quicker recovery. Encourages purchase at druggists for 25 cents. The line about chorus girls and wings appears as a separate joke.
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