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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Oct 21, 1916
Page
7
The report notes wintry winds boosting oats while other grains rise slowly. It urges buying May oats, notes hog prices steady as packing season nears, and states bulls on meat and bread due to strong demand for our products.
Markets report Chicago and St Louis grain prices with timothy and straw bids, wheat surging toward 1898 highs, and officials discussing an export embargo. Corn and oats rise on wheat strength, while provisions follow grain moves. Reports note possible domestic relief measures and Liverpool cables.
Grain price movements sweep major markets including Chicago, St Louis, New York, and Minneapolis as reports show varying futures shifts. No. 2 yellow corn trades around 97 percent, wheat bids hover near $1.70 to $1.80, and oats move within narrow ranges.
Regional and national cattle hog and sheep quotes show mixed to higher receipts across St Louis Chicago East St Louis Omaha and Kansas City. Hogs range from about 8.25 to 10.30 with varied weights and grades, cattle from roughly 4.00 to 11.40, sheep up to about 10.55, with notable firming in several markets and steady conditions in others.
Chicago reports unchanged butter and unsettled receipts of 4 555 cases firsts 80 31 for ordinary. New York notes quiet butter with creamery gains and varied cheese and coffee quotes. Kansas City shows creamery butter at 34 4 and eggs firsts 30 44 with strong potato market tied to supply and demand. distances and prices span Russets to mixed varieties with many quoted ranges and specific farm names.
A lone farmer brought a load of baled straw to the local market on Friday selling for six dollars per ton. Hog prices rose ten cents at the livestock market while other prices remained steady.
A compiled list shows prices for hay and grain items including No. 2 wheat at $1.55 per bushel, corn at 86 to 860, oats at 46 to 48a, and various bale and alfalfa hay prices. It also covers shredded fodder, clover and timothy seed per bushel, and Ming Milling products with multiple flour and meal prices. Regional quotes from St Louis Chicago and Toledo seed markets on timothy clover redtop alsike alfalfa millet and related seed values are included.
New York trading on Friday shows U S Steel dominating turnover with over 25 percent of total par value. Steel jumps about four points to 119 1 2, nearing its September peak, up over 11 points for the week after dipping to 108 last Saturday. Other gains include Annapolis and St. Louis, with industrials, fertilizers, harvest issues, American Woolen, leather, and petroleum rising. paper issues rally 3 to 4 points from top levels. Money and bonds scene steady with mercantile, silver, and Mexican dollars quoted.
Bradstreet's report flags a rapid rise in trade and industry with new orders and soaring quotations for key goods. Despite high prices and cautious textile buying, there is no sign yet of demand saturation as production strains and material shortages bite, aided by scarce labor and rail cars. Weekly bank clearings reach $6.67 billion.
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