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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Oct 19, 1919
Page
5
Chicago market news notes widespread bullish sentiment for corn with December at 1.364 and May at 1.265, oats up 4 11?c, provisions mixed. Reports farmers may hold back corn for higher prices, weak foreign exchange, and lack of longshoreman work add to the gain, while some profit taking surfaces near close.
Chicago and other markets report mixed prices for corn, oats, and wheat with No. 2 yellow and No. 2 white varieties cited. Prices vary by region: Chicago No. 2 mined corn around 1.39 per bushel. Kansas City cash wheat ranges up to 2.26. Minneapolis shows mixed cash values. New York spot wheat steady around 2.55 and 1.545 freight costs.
Local market reports weaker corn prices with both old and new corn down. Old corn sold around 1.55 to 1.60 per bushel while new corn fetched about 1.20. Oats sold 0.70 and 0.75 per bushel, baled hay at 25.60 per ton, and hogs fell a quarter. No other market changes noted.
A public auction of horses and cattle, hogs, machinery, and household goods will be conducted at the old Adam Longtet homestead ten miles east of Quincy and six miles south of Fiddoma starting at 10 p.m. on Wednesday October 22. Items include 4 horses and mules, 14 Jersey cattle some registered, 40 hogs with boars and sows, 30 White Pekin ducks, farming machinery, a blacksmith outfit, and household goods. Terms: cash on small sums, credit to over 10 dollars with notes at 7 percent. Col Toward Lawless, Auctioneer. Lunch by Mr. Pleasant church ladies.
A large mixed sale offers farm horses including Team Kay Mule and Black Mules aged 6 to 10 years, plus Bay and Black Draft, Gray Draft, and Sorrel Draft geldings and mares. Cattle include Shorthorn cows and calves, Jersey cows, and young stock with quarantine sale terms. Also offered are hogs, corn, seed, and a wide collection of farm machinery and tools from McCormick bindings to hay rakes and harnesses.
Prices paid for hay and grain show New wheat No 1 tested 60 lbs or better at 2.12, No 2 new wheat at 2.10 to 2.11, oats 70 to 75c, corn around 1.70, yel low corn 1.50 to 1.60, timothy hay 40, alfalfa 32, clover 20, straw values and mixed hay. Livestock quotes include hogs from 8.75 to 13.50, cattle and sheep prices, poultry, and farm supply costs from Toledo seed and misc feeds with varied per cwt or per bushel rates.
Market escribes corn gains on short covering and speculative buying with oats firm yet weak export signals. Weather boosts corn bookings in Iowa while next week’s forecast hints Croze war weather in the central states. Provisions rise with grains, motor stocks gain on merger talk between Pierce Arrow and White Motors. President’s condition improving but operation not needed. overall sentiment cautious amid optimism.
New York prices show mercantile rates with sterling at 60 day bills A3X%. Government bonds irregular and railroad bonds irregular as of October 19.
The week ends with another sharp advance in motors and related issues on the New York stock exchange. Equipments join the rally while rails and steels lag, volume reaches 60,000 shares, and bond prices show mixed movement as investors weigh coal industry news and railroad equipment plans.
Kansas City hogs and cattle show varied gains and declines with mixed demand. Hogs bulk prices around 14 dollars, cattle weeks mostly lower, sheep and lambs uneven while feeders and heavy weights adjust. Regional notes from St Louis and Louisville report steady to lower trends across multiple classes.
The report notes an exceedingly strong market for corn with traders mostly selling. prices in the cash market rise 4 to 2 cents while futures show a strong upward tendency. Wet weather expected in many sections and a generally fair weekly forecast with freezing temperatures to aid new corn conditioning. Exchange rates show sterling weakens by one point.
The week closes with cautious sentiment as investors gauge the White House illness and delaying actions. Analysts advise buying seasoned securities on sharp declines, favoring coppers and zinc while gold issues are held for long term gains. High interest in mining, chemicals, and packing stocks suggests selective opportunities amid market nerves.
Market briefs report steady butter prices in New York with large tub sales and varied creamery pricing. Chicago shows butter higher and eggs lower with live poultry down and potatoes firm. New York spot coffee notes mixed gains and purchase quotes mixed with fractional cents.
Seed market in Toledo lists prime clover, alsike, and timothy prices with monthly quotes from October through March. New York cotton market shows spot price at middling 34.80 and futures steady with October 44.09, December 34.29, January 34.07, May 35.05.
Mroo and Mrs. Robert Anderson visit Woc Learns and J. L. Huse's. Mr and Mrs Clem Hush host Quincey friends for a day at J. L. Reethler's. Kush family extend stay. Don Bierce and wife visit from Gorin. return with garden vegetables. Mary Na ison Woolverton works in Chicago. Ran sells property in northwest town to Mrs Beatie Hall and Daisy for 1800 dollars. Robert Plunkett buys Joseph Rueht property. Rudd family resides in Montana. Editor M L Barnes of the Republican spends week at Hurdland visiting mother Pegativas. Bilas Paibseett and bride of La Belle in attendance. Tabseau served abroad. grandfather shares tales of Pinta To Lae ait Stuus SALEM.
October 21 Dr. R. H. Matin Stony Point farm 3 miles south of Parry. October 22 Adam Longlet and Son 10 miles east of Quincey 6 miles south of Patoma. October 23 Gervrse W. Young Center Mo. October 24 6 D. Whiffie old Kiel sehrmidt farm 5 miles east of 30th St and Broadway.
Civil and world wars referenced as context. Clyde Teste and family visit at O. 5 Leslie's Sunday. Mr. and Mrs. Medley Chilton and Mr. and Mrs. O, 4 Leslie and son Clyde visited William Kelley Sunday afternoon. Aliss Jeale Kelley spent Sunday with Olive McSorley. Rev M Hutchinson of Canton preached at the Christian church. Rev Chamberlain filled his M B church appointment. He was accompanied by Sumac of Bee Ridge. service described as excellent. R B Sanford and Harry Steffen delivered cattle in Knox City. Mr and Mrs D R Nelson entertained Rev Hutchinson Sunday. A coincidence noted: Hutchinson's daughter and Nelson girl born June 24, 1918 share names Josephine and left-handedness. W B R M met with Mrs Marion Corbin. about 49 present. Penhouse visited John Hofen and William Kelley. Philp Hofen opened a butcher shop in Newark and is busy. Penhouse returns from Adams County. will visit Kansas then Sanford. Mrs Roy Boyer returned to Quincy after visit. Mrs Th Connell of La Grange filled Rev Connell’s Pleasant Valley appointment and saw Newark. Newark charm noted. Rev Connolly engaged in meeting at New London. his wife often fills appointments. Mr and Mrs D B Shaffer went to California after pleasant visit here. also visited Ohio and Washington DC. Arthur Hull visited Rutledge and Knox City. L L Glover motored to La Plata with Editor Ty. Barnes and Mrs Barnes visited Glover’s sister-in-law and relatives.
E A Webthly is very ill at home. J W Doyle took his family to Hannibal for a day with the Walkers. Reverend Omer missed Sunday services due to a protracted meeting near Camp Point. Mrs Andy Grimm of Louisiana visited her sister Mrs Dyas Hicke. Grice buys residence now occupied by T W Chirk and moves March 1. Leta Kraft returns from Bates and Henry counties. Peyton family from Wellsville visits with daughter Mrs R B Buchanan. Mrs Dr Christ of New London looked after business and visited friends. Mrs William Bell of near Hutchinson visits daughter Mrs Kenneth Meyers. G A DeLaporte and daughter Julia visited Sam at Gem City Business College in Quincy. Yom Thumb wedding at Methodist church with Miss Helen Hagan as bride and Master Tucker as groom. Mrs Bert Saldwell called to Perry by ill father. Morris English dies aged 73. buried near Perry. Soroesis Club met at Mrs H L Smith’s. topic Trend of the Times. Mrs Will Couch reads on World Growing Better. Ed Shuke tops Qs. Next meeting with Mrs E B C Epperson, Oct 29. Miss Botsey spoke on trance nursing and Red Cross work. Several families celebrate Mr Keithly’s birthday. E C C Epperson and A M Smith move to Center for schooling. Miss Reta Meyers and Robert Richards wed at Meyers home in Perry. plan Kansas City and Oklahoma City visit then Columbia. Mr King resigns as station agent, moves to Silex. Fred Little to take his place.
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