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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Oct 29, 1916
Page
11
Export houses and foreign buyers push wheat sharply higher in Chicago trading on Oct 29, with Dec futures near 1.53 1.89 and May at 1.86 as bulls point to Argentine crop optimism and snow in Canada delaying threshing. Corn holds steady to higher, oats favored by cheapness chatter, and hog prices slide while lard shipments bolster provisions.
Palmyra Missouri program committee schedules a business meeting for the club on their next regular night Monday Oct 80 Short talks and vote outreach plans will be discussed plus any other business. Notables include Mrs Thomas Harvey visiting Quincy and James McKinnay of Quincy visiting Palmyra. The West Ely corn show set a record attendance and a county teacher's meeting occurred at the courthouse.
Seed markets across Toledo Chicago and St Louis show varied prices for clover alsike timothy and rye. Prime cash and future values listed with December March and other month contracts. ranges reflect seed quality and type including redtop, buckhorn mixtures, and millet varieties.
New York markets report variably higher prices for butter creamery and eggs while cheese and coffee show steady to firm levels. Potatoes see higher receipts and elevated track prices across Minnesota Dakota and Michigan Wisconsin regions. Kansas City and St Louis record mixed poultry and egg quotes with regional banding and arrivals. An unrelated homiletic closing line appears.
Wheat reached a new high at 1.90 driven by bullish Ar Benting and western Canada weather. Reports of insufficient rain in Ar-Benting and dry hot conditions contrast with heavy snows delaying threshing in western Canada. Corn rallies on Argentine news. December prices tied to railroad car supply, advising against December selling and favoring May. Oats remain favored amid rising demand for human and animal consumption. Provisions rise. Europe demand supports long-term investment, farmers selling light to avoid high prices, signaling a future shortage.
Chicago hogs receipts 18 000 weak 5 to 10 cents below Friday's average. Cattle receipts 1 600 weak with varied steer and cow prices. St Louis hogs receipts 4 600 down 5 to 10 cents. Kansas City hogs 2 500 about 50 cents lower. Omaha hogs 6 700 higher with heavy and light quotes. East St Louis hogs 4 600 down to 106 lower. Local market notes include scattered price ranges for cattle sheep and calves across multiple regional hubs.
Sloan's Liniment offers fast dullness relief for neuralgia and sore muscles. It penetrates without rubbing and soothes stiffness, sprains, and minor injuries, claiming cleaner application and no skin staining. Available at druggists for 25 cents.
New York stocks opened briskly with copper shares leading gains. Utah Copper jumped to a record 108 1/2 while motors, equipment, zincs, and petroleum declined. Bank statement showed cash gain of about 20 million and a loan expansion near 35 million with reserves up over 11 million.
Quincy Clearing House reports Saturday bank clearings at 130,600 with same day last week 137,968 and same day year 131,990. Total for last week 948,374. Total for previous week 1,022,905.
Market dispatch lists hay and grain prices in Chicago and St Louis with figures for Timothy No 1 14 50 No 3 14 Straw Rye 10 11 oat 7 8 wheat 6 60 7 50 and Timothy No 2 13 12 60 No 3 159 20 7 others include oats mixed with prices for Tiger and Stony weed and straw prices. The ruler remark appears as an unrelated line about governance.
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