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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Oct 24, 1919
Page
5
Chicago price report shows corn slipping early but closing near steady as traders weigh industrial conference outcomes and strike developments. Hog price recovery supported by anticipated tighter supplies, while oat futures drift lower and grain markets react to longshoremen strikes and nationwide demand.
A volatile Thursday session in New York saw heavy turnover of 2,235,000 shares with extreme gains in steels and related issues and widespread moves in motors oils ships and foods. The day ended with many major stocks near their intraday lows as notices on Liberty bonds and government issues added to the unsettled tone.
The market shows steady activity with October futures at 24 and 25 points, the December price around 2 dollars and 8 cents, March at 248 dollars and May near 7 dollars. Traders note limited price movement and ongoing demand in the cotton sector.
Hog prices eased 26 cents per hundred pounds though decline slowed. New corn weakened with six loads at 1.10 per bushel and one load at 1.25. Oats sold at 75 cents. Baled hay sold at 24 and 27 dollars per ton. Turpentine quoted 1.70 per gallon. Mill products also lower.
A fragmented market update from New York lists varied dairy items with creamery and extra grades, plus cheese, butter, and eggs. Fresh poultry prices show dressed and alive birds, with regional and product notes, and potatoes and raw sugar futures cited with fluctuating quotes.
In St. Louis on Oct 24 prices for Timothy hay and clover mixes are listed with multiple lots and standards ranging from about 21 to 31 dollars per unit. The report also notes arrests for drunkenness in Tipneap observed in June and tallied in July, totaling 122.
Chicago and Kansas City reports show hog receipts around 22 000 with prices steady near 12 to 13 dollars. Cattle receipts about 18 000 amid mixed weights with beef steers and prime grades trading 16.75 to 19.40, while hogs and sheep show varied bids across heavy, light, and feeder categories.
October 24 sale on the Klein Schmid farm six miles east of South Street and Broadway. J H McAllister will sell one half mile south of the public square in Carthage. Public notices list items and terms for auction events.
Market experts warn of dramatic gains yet advise caution as prices reach new highs. Investors are urged to buy on declines and favor sectors like steel, locomotives, tobacco, fuels, and mining while preparing for periodic liquidations and steady dividends.
Long Commission Co notes corn fluctuating with mixed sentiment and potential early movement as farmers sell hogs. Oats show a narrow local range with optimism by speculators but local traders favor the short side. Provisions rebound from early hog price declines with a tilt toward long lard, while stocks face a wider capital labor gap and an irregular market path toward higher values.
The market shows erratic patterns in oats and corn with light country offerings and steady receipts. Rye and barley buoyed by local buyers push prices higher while hogs close above opening amid mixed signals from brokers and a bear bias in corn.
An advertisement advises using rad Salts or Jad Salts to treat bladder irritation and kidney discomfort. It claims acids in urine cause burning sensations and urges a daily tablespoonful in water for two to three days to neutralize uric acid and restore normal urinary function. The remedy is described as inexpensive harmless and effervescent.
A firmer tone is noted around the stock yards with farmers slow to sell corn and the small amounts reaching terminals commanding premiums over December prices. Shipping restrictions limit accumulation for December sales, and shippers have made liberal sales to the east for deferred shipments, keeping December short positions precarious.
A historical price listing from Toleta Seed in Toledo Ohio shows multiple crop items with cash prices for various months and years. Prime-Cash values for Clover Alsike and Timothy seeds appear alongside dated monthly figures and annual cash amounts.
Newark will observe World’s Temperance Sunday on November 2 with an afternoon temperance rally. Local notices report visits from residents to relatives, farm work events, church activities, and community gatherings including a Rebekahs meeting and protracted Christian church services beginning October 28 led by Rev. J F McMahan.
St Louisla wheel will attend the 85th session of the Missouri Baptist General Association. Rev F O Sanderne of Lewistown preached Tuesday afternoon in the Baptist church in support of the Southern Baptist association campaign raising 75 million dollars. Mr and Mrs L E Poor visited Shelbyville Saturday. Mrs J M Pate celebrated her 74th birthday Tuesday with many old friends visiting and gifts. Her daughters Mrs L L Glover and Mrs HE Barnes attended. Alma McAdams photographed the event. Witnesses traveled from here to Shelbyville for the McKim Moore trial. the dispute between Dr J W McKim and John D Moore centered on a draft remark and the case was dismissed. A celebration at the home of Mr and Mrs Charles H Papa in Wells River Vermont honored Olden wedding anniversaries for the hosts and Mr and Mrs Sylvanus Mitcham of Towell Massachusetts who were all born in one town and married the same day by the same minister.
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