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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Oct 07, 1915
Page
9
Chicago buyers push wheat to near session highs with December at 1.06 and May 1.077 as corn and oats gain amid frost and moisture concerns. Heavy profit taking trims gains late, but fresh buying in Q4 sustains the advance. spring wheat could sprout due to moisture. Provisions vary, export demand remains strong.
Minneapolis reports today 496, last week 847, last year 674. Duluth shows today 433, last week 104, last year 414. Winnipeg records today 1 508, last week 1 630, last year 628.
Estimated receipts for Thursday in Chicago include Wheat 60, Corn 201, Oats 145, Hogs 17000, Cattle 6000, Sheep 18000. The data reflects daily market activity reported for October 6.
Wheat and corn futures show varied today with 81 and 277 contracts, estimated figures at 81 and 238, and shifts from last year. Oats display 194 contracts with 7 estimated and 189, down from 337 last year.
Wheat output today 2,079,000 tons versus 2,268,000 last year. Corn production today 1,146,000 tons up from 558,000. Oats today 1,061,000 down from 2,045,000.
Wheat production today stands at 1,581,000 with last year at 1,046,000. Corn today shows 440,000 versus 239,000 last year, and oats at 986,000 compared with 1,000,000 previously, alongside a $23,000 figure.
Wheat totals 1,497,000 bushels with no corn offered and oats at 1,000 bushels in regional market clearance figures.
Chicago wheat and corn bids listed by grades with No. 3 red wheat around 1.00 to 1.11 per bushel, No. 2 yellow corn at 63 cents, No. 2 white at 61 to 63 cents, and oats bids near 35 to 44 cents per bushel reflecting market movement on October 6.
Market report from St. Louis shows grain prices on October 6 with No. 2 red wheat at 1.17 dollars, No. 2 corn at 0.714 dollars per bushel, and various other grades and cereals quoted including oats and white corn with multiple finish values.
Wheat and corn prices reported for No. 2 hard through No. 4 red, with bid and offer ranges. No. 2 white oats and mixed grain values listed. includes No. 2 yellow and No. 3 yellow, plus white and mixed oat figures.
Omaha market report lists No 2 hard wheat at 100.04 dollars and No 2 white and yellow corn prices around 53.34 to 57.14 dollars. No 2 yellow corn offered at 57.14 dollars, No 2 white at 53.34, and No 3 white oats at 33.34 dollars.
Liverpool market notes show Wheat No 1 northern Duluth at 6d and corn mixed American new at 8s 8d as of October 6.
The St. Louis hay and straw market shows steady prices for top grades No 2 and No 1 with strong demand, while ordinary No 2 and common grades lack activity. Clover and timothy prices vary by grade, alfalfa sells at higher No 1 levels, and straw remains steady with limited sales and a few car movements at six fifty per bushel.
In Minneapolis on October 6 receipts total 496 carloads, up from 674 a year ago. Cash wheat prices show No 1 hard at 1.10 to 1.14 dollars, No 1 northern around 1.05 to 1.09, and No 2 northern near 1.01 to 1.06 dollars.
Peoria market notes corn prices on October 6 with varied bids across quality grades. White corn ranges from 61 1/4 to 62 1/4, yellow from 61 1/4 to 62 1/4, mixed and sample lots listed with small fractions, oats bids also shown for No 3 and No 4 white grades.
New York reports Spot wheat prices for No 2 red and No 2 hard at 1.25 to 1.34 with Ye old notation and No 1 northern futures at 1.24 to 1.29. Manitoba and Duluth grades around 1.09 to 1.12 while Dec futures show strength near 1.23 to 1.34. Corn spot firm at 7 3 4 and oats firm at 3 9 1 4 to 4 1/4 with prompt shipment noted.
Chicago stockyard figures show hog receipts about 18 000 with prices from 7.15 to 8.35 per hundredweight and mixed at 7.25 to 8.50. Cattle receipts around 11 000 with native beef 6.25 to 10.50 and western steers 6.70 to 8.90. Sheep receipts 20 000 with wethers 5.75 to 6.60 ewes 3.60 to 5.90 and lambs 7.00 to 9.10.
Hogs receipts 6400 steady with per head ranges from 6.50 to 8.45 for mixed and butchers totaling 7908.45. Cattle receipts 5900 steady to 23 higher with native beef steers 7.50 to 10.25, yearlings 8.50 to 10.25, cows 6.00 to 8.00, stockers 6.00 to 7.75, calves 6.00 to 11.00. Sheep receipts 2300 steady with lambs 8.00 to 9.00 and ewes 5.00 to 7.75.
Hogs receipts about 9,000 with steady prices. Bulls at 7.60 to 8.20, heavies 7.50 to 8.20, lights 7.60 to 8.25, pigs 7.00 to 8.00. Cattle 11,000 strong with steers 6.50 to 10.20, cows and heifers 4.00 to 9.50, calves 6.00 to 10.25. Sheep 10,000 steady with lambs 8.25 to 8.75, yearlings 6.00 to 6.75, wethers 5.50 to 6.50, ewes 5.25 to 6.00.
Hogs 3,600 head high, heavy at 7.35 7.80 range. light 7.85 8.15. pigs 7,008 total. Cattle 10,000 head steady: steers 7.57 7.75. cows and heifers 5.50 7.00. calves 7.00 10.00. Sheep 4,000 steady: yearlings 5.66 5.75. wethers 5.00 6.00. lambs 8.25 8.75.
New York October 6. A conservative stock exchange stance against reckless war share trading led to broad liquidation. Heavy selling by commission and wire houses, especially in the West, pushed many issues lower while a few like New Haven and Inspiration Copper showed strength. Bethlehem Steel rose to a new high of 40.01, closing up 10.34.
Mercantile paper and time loan rates show firmer demand in New York. Sterling exchange in 60 day bills at 4.67, demand 4.70 15, cables 4.70 65. Francs and marks quoted with various cables, rubles and other currencies listed, bar silver and Mexican dollars noted. Call money steady high to low around 2, ruling rate 1.34, last loan 2, closing bid 1.34.
Coffee markets in New York reported steady tones on October 6 with Rio No 7 priced at 7 cents and Santos No 4 offering Ue. values.
New York sugar values show steady movement on October 6 with raw centrifugal at 3.50 to 3.64, molasses sugar 2.73 to 2.87, and refined steady.
The market showed uneven demand with several priced loads of corn oats hay and straw and 30 loads traded before 4 pm. Due to foot and mouth disease the Quincy stock yard operates as a feeding station limiting storage to 12 hours harming local buyers and threatening the city’s livestock trade until quarantine ends or methods change.
Prices listed for commodities including No. 2 wheat at 7.00, corn 0.76 to 0.80, oats 0.37 to 0.40, prairie hay 6.50 to 8.00 per unit, baled prairie hay 8.50 to 10.00, oat straw 6.50 to 7.50, shredded fodder 5.00, loose hay 10.00 to 14.00, Alsike clover seed 9.00 to 10.00, clover hay 7.00 to 8.00, crab grass 7.50, clover bullings 10.00, baled straw 6.00 to 6.50, clover seed 7.50 to 9.00.
Knollenberg Milling Co reports prices for flour and meal products. High patent flour six dollars thirty cents per unit. Straight patent flour six dollars ten cents. Hard wheat flour six dollars thirty cents. Bran eighty four dollars per ton. Shipstuff thirty two dollars per ton. Corn meal two dollars per one hundred pounds.
Prices for hogs, sows, steers, heifers, cows, veal calves, bulls, spring lambs and sheep listed by local butchers. Rates shown for choice light hogs, rough sows, fat cattle, veal calves, and lambs with varied price ranges. Volume and currency implied but not clarified.
Market listing shows hens at 11 4c roosters 7c spring chickens 114c eggs 20c turkeys old gobblers 914c young gobblers 94c turkey hens 94c geese 64c ducks 84c butter packing stock 17c choice country 25c No 1 25c.
Reported by Wm Malambri the list shows prices for carrots beets cauliflower beans new potatoes onions tomatoes sweet corn turnips and related quantities. Items include carrots three bunches five cents beets three bunches five cents cauliflower per item ten to twenty cents beans quart five cents new potatoes per bushel forty cents onions per bushel seventy five cents tomatoes per pound ten cents sweet corn per dozen twenty five cents turnips per peck twenty five cents.
Report lists No 1 cured hides 15c No 2 cured hides 14c No 1 green hides 13c No 2 green hides 12c No 1 cured calf 16c No 2 cured calf 15c No 1 cured hip 15c No 2 cured hip 14c dead green 2c per lb horse prices range from 4.00 for large to 3.00 for small horses plus glue and pony 1.00 50 colts 40c No 1 tallow 55 4c No 2 tallow 44 4% 4c white grease 45c brown grease 31 4c Wool pelts 60c to 1.50 shearlings 25 50c lamb 25 75c graded by wool amount and quality.
Market notes indicate wheat shorts covered anticipating a bullish government report with futures closing 6.5 to 7.5 cents higher amid thin supplies. Corn rose 2.25 to 2.34 cents as oversold conditions and a large short covering spurred gains before tomorrow’s report. Oats moved 1 to 1.3 cents higher on good demand and light receipts while cash values gained 4 cents. Provisions saw continued strong cash demand and packer activity for nearby deliveries.
In St Louis, Southern horses held steady with limited Eastern demand. Many horses moved through the market division, with Italian inspections pending. Mules show renewed interest, cotton mules selling where prices rose, while large mules remain steady to good in value.
Prices for butter creamery extras 92 score 29 cents. eggs fresh gathered extras firsts and seconds listed with various prices. cheese steady with state whole milk flats white and colored varieties at 15 to 14 1/2 cents. Listings include nearby henneries whites browns and other grade descriptors.
Indianapolis stockyard trades show hogs at 5 to 10 cents higher with top at 8.60 and 7,500 hogs, cattle numbering about 1,000 with a strong market overall.
Chicago market report lists rye No 2 at 97 and barley at 53 60 on October 6 with prices quoted for grain trades.
Toledo seed prices show Clover for October $13.10 and March $12.75. Alsike prime cash and October $10.60 and $10.85 for March. Timothy prime cash $3.55 for October $3.42 and March $3.4734.
KC market report lists butter creamery firsts 25 seconds 23 packing 1914 eggs firsts 23 seconds 19 hens 12 roosters 9 broilers 15 with Oct. 6 dateline reflecting current trading levels and terms.
Official representatives of three major farm groups met in Washington to draft a rural credits bill for introduction in the next Congress. The National Grange the National Farmers Union and the American Society of Equity attended the conference.
A public auction began in New York today for the Seigel art collection once owned by former department store magnate Henry Seigel now serving a prison sentence for banking law violations. The sale includes 150 paintings 50 bronzes 200 rugs and carpets and a miscellaneous lot of books antiques and furniture.
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