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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Oct 28, 1916
Page
10
Chicago reports Friday a surge in the grain market with wheat prices closing near session highs amid strong demand and scarce offerings. Corn futures hit record highs not seen since 1867, while oats and provisions also rose as packing firms bought heavily and railroad delivery limits constrained supply.
Chicago and St Louis report mixed grain prices with No. 2 red wheat around 1.86 to 1.92 dollars, corn mostly near 1.07 to 1.10, and oats ranging from about 0.52 to 0.64. Kansas City and Minneapolis show higher wheat cash bids and varied corn and oats quotes, while Liverpool and New York provide European and spot market references.
Paris dispatch reports bad weather delaying military operations on Macedonia fronts as France announces disruption. A separate remark notes some women who feel superior to their husbands waste time regretting it.
An advertising notice promotes Dr Bell's Pine Tar Honey to treat sore throat chest tightness and nasal congestion. It emphasizes healing pine tar soothing honey glycerine and antiseptic qualities and notes the bottle formula explains its cold relief with a price of 25 cents.
Long Commission Co.'s Daily Market Letter notes a Friday close surge for wheat to a new high of 1.86 for December and marginal gains for May. It cites export demand, speculative factors, and a cautious view on futures with hints of a possible top near present levels and opportunities on breaks. Corn and oats show mixed signals with harvest and transport issues, while provisions edge higher but hog supplies look heavy ahead of 1917 deliveries.
Markets at St Louis show live poultry prices for chickens at 12.44, springs 16 1/2, turkeys 21 4 23, ducks 13, geese 12. Butter and eggs vary with creamery butter 35 cents, eggs 31 40, No 2 apples Ben Davis Gano 1.60 to 1.80, Winesap up to 2.75, and various potato and fruit consignments with limited buying and steady prices elsewhere. Across New York and Chicago markets, butter, eggs, cheese and sugar hold steady with mixed regional ranges. Kansas City reports butter at 83 1/2 cents for creamery firsts, eggs 31, poultry gains modest with hens 16 cents and broilers 21 cents.
Hogs and cattle receipts reported across St Louis Chicago Kansas City and Omaha with price ranges. Slaughter hogs mostly lower at St Louis and Omaha while Chicago and Kansas City showed varied or steady trends. Cattle prices firm to weak with calves and feeders mixed. sheep and lamb values fluctuated.
In New York on October 28 trading showed broad activity not seen since Monday. Sentiment lifted with hints of a revived public interest and expectations of upturns in government bond lists and money market conditions. Prices for U.S. bonds and currency figures appear in the report with call money steady and time loans moderate.
Quincy Clearing House reports Friday bank clearings totaling $161,007. This compares with $116,400 on the same day last week and $110,719 on the same day a year ago.
Seed prices across Chicago Toledo and St Louis show rye burley varieties wheat clover and timothy steady with fluctuations. Notable values include burley rye 86c per bushel and 1.23 for above, clover prime cash 10.45 to 10.50 for December, and timothy around 2.50 to 2.59 for December with March at 2.55. Redtop and clover offerings vary by condition and seed quality with cleaned seed price improvements possible.
Chicago markets report choice timothy and clover mixed hay with prices from No 1 at 14.50 to No 2 at 13.75 and straw at 8.50 to 9. Wheat and oats are listed with modest ranges. St Louis notes scarce straw and steady demand with prices around 8.50 for straw and wheat near 5.50.
E P Ripley president of the Atchison Topeka and Santa Fe outlined a proposed connection between St Louis and Kansas City with a cut off in central Missouri. The plan envisions new trackage from near Carrollton to a point near Mexico on the Burlington system with joint service and entrance via a Burlington traffic agreement.
A Bucharest dispatch reports 128 French aeroplanes have arrived in Roumania for reconnaissance on the Transylvania and Dobrudja fronts, aiding operations now underway along those lines.
Springfield reports the death toll from infantile paralysis includes Edward Shulke of Decatur aged 2, John Mahaffey of Kewanee aged 28, and Mamie Moore of Chicago aged 10 months. The state board of health received the update Friday.
A historical ad touts Foley Cathartic Tablets as a mild gentle remedy for indigestion biliousness bloating gas and constipation. It claims thorough bowel cleansing and stomach and liver benefits with no griping or nausea. Stout persons praise the light feeling they provide.
Farmers near Quincy begin corn husking as wet weather clears and demand for labor soars. Pay rises to about four and a half to five cents per bushel, but few experienced workers seek farm work, complicating harvest. Local market receipts show hogs, corn, oats and hay trades with varied prices. several loads sold early while some prices missing.
Local markets report with prices for hay, wheat, corn, oats, seeds, flour, livestock, hogs, calves, sheep, poultry, eggs, butter, hides, and fats. Includes per cwt, per bushel, per pound, and range figures, with figures for Hogs, Calves, Sheep, Poultry, Eggs, Butter, and various animal products.
Dun's review says demand outpaces supply with rising prices across sectors including steel iron and textiles. Buyers show eagerness foreshadowing further increases while material scarcity raises distant investment. October failures indicate low mortality since 1918 despite new enterprises. Flour prices rise 20 cents a barrel. Quotes reflect cautioned credit and prudent restraint by producers.
In Augusta and surrounding towns Misses Helen Young Ruth Winters and Bertha Winters attended a teachers meeting in Macomb on Friday. Several residents visited relatives in Macomb Plymouth and Quincy while others hosted guests from Macomb Galesburg and Colchester. Tabernacle meetings in October feature Evangelist Dow and Professor Echols delivering sermons and music each evening.
Weekend visits spread across several towns with residents like Miss Elvessa Hilbert of Kirksville normal and James Milstead of Brashear, plus Miss Sallie Hill and Henry Cramer in Maywood. The article also notes a new Leach and Quinan store opening and a P E organization dinner at Mrs. C. D. Long’s home attended by husbands.
Mrs Amanda Schnur and son Ira visit relatives in the Dakotas. Mrs Ida Gardner of Quincy visits with home folks. Miss Ella Meyer spends Monday in Quincy. Hogs sent to Paloma by James Elliott and Albert Kuhn. Box supper at school house well attended. Will Richards of Quincy visits Adams. Roy Pullman leaves for Nebraska. Mrs E W Grumman heads to Quincy to winter with son Ed. Mr and Mrs Clarence Graft of Paloma guests of Mr and Mrs Oscar Diker. Mrs Barbara Knuuffman visits Liberty. F W Reuter post office inspector visits Adams. Ed Henstein and John Winger in Quincy. Funeral of Miss Alice Griggs well attended. Mr and Mrs Hub Wells visit Quincy. Mr and Mrs Joseph Clark of Mendon visit Elwood.
Mrs Alta Vandiver of Carthage hosts guests from Huntsville and Brooklyn. Attendees include the Warringtons from Rushville and Dr Kamp returning from Columbus. W T Lewis visits Armstrong Mo, errors in Redpath Lyceum billing shift dates to November 14. Community events include Democratic rally dinner and Presbyterian bazaar election day, and Mr George Kerr leaves for Golconda Ill. Ed King family move into Brooklyn property.
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