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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Sep 08, 1917
Page
10
Chicago dispatch notes a bearish government crop report disappoints corn and oats hopes. Strong buying early in corn and oats gains, with futures near session highs as frost risks and weather delays threaten harvests. Provisions rise with hog prices amid Liverpool demand.
Commodity quotes show corn mixed No 2 and No 2 white trading around 2.07 to 2.16 per bushel in Chicago Omaha and Peoria with oats steady to higher and rye around 1.75. Flax price listed at 3.16 for Minneapolis with varying white and standard grades across cities.
Friday trading showed General Motors under pressure finishing a few points lower while tobacco and United Cigar Stores rose about 15 to 3 percent. Rail stocks gained on a favorable crop report predicting higher yields for wheat corn and oats. steel shares drifted with minor declines. Market sentiment remained nerves but with better support and potential improvement as the session closed.
St Louis market notes Sept 8 show hay demand fair for timothy and clover mixed with limited offerings of common and medium grades at steady prices. No. 1 quality firmer while prairie clover alfalfa remain scarce but sell well at high recent rates. ordinary grades easing. Clover mixed 22, timothy 19, potato 22. Sates include four oats at 7.60 per ton.
Long Commission Co s Daily Market Letter notes remarks by Mr Hoover linking corn to beef and hog prices, with rains boosting buying. Government yield estimates show 3 248 000 000 bushels, an all time high, while Kaffir crops in August improve. Oats rise on delayed movement and threshing delays. Provisions stay firm with sparse offerings. longs take profits on hard spots.
The local live stock market Friday saw hog prices advance a dime. The Marketmaster weighed nine loads of farm products noting hay at $20 per load, corn at $1.0 per bushel or 2 for 31.65, oats at 60 cents per bushel, and baled oats straw at $8 per ton.
Prices for hay and grain include No 2 wheat at 2.06, corn 1.65, oats 0.50, bale straw 35.00, hay 320 21, mixed hay 16 20, timothy 20, alfalfa 314, millet 2.50 3.00. milling products list city flour prices from Kleinernberg firm. hogs from west of Mississippi at stock yards with weights and prices. poultry and eggs quotations corrected daily with range prices for hens, broilers, ducks, turkeys, geese, and eggs.
Dun's reports mixed signals as demand and hesitancy ease in some quarters while overall business shows modest improvement. Lower temperatures boost working conditions but manufacturing capacity expansion does not always raise output due to a strained labor force from the draft and transportation bottlenecks. Bank clearings total 4,710,264,037 dollars.
In Toledo Ohio on September 8 Clover seed prices are shown with October and December futures at 13.80, 13.66, and 13.70 dollars. Alsike prime cash quotes are 12.78 in September and 14.78 in October. Timothy prime cash old 3.66, new 4, with September and October at 4 and 3.90.
New York stock market swung on Friday as Washington announced a plan to cut ocean freight rates by 66 to 75 percent. Shipping shares dropped sharply while rails showed strength on New York trading. U S Steel fell to 107 etc while Bethlehem Steel led declines. total sales reached 15,000 shares and par value 3.24 million.
Sept 8 report from the department of agriculture notes better late summer weather improving corn prospects across the belt. Kansas, Oklahoma, Missouri, and Iowa show varying recovery and growth while harvest nears for winter and spring grains. Potatoes and rice reports vary by region as drought, frost, and conditions affect yields.
Chicago and surrounding markets show hog receipts around 7,000 with steady to higher bids and prices from 11.25 to 18.35 for various hog categories. cattle receipts about 3,000 with native beef steers and cows priced from 4.65 to 17.60. sheep receipts near 8,000 with lambs and ewes ranging 7.85 to 17.60. Other cities including St Louis Kansas City and Omaha report mixed hogs and cattle prices, with heavy bids around 16.40 to 18.40 for hogs and prime cattle values up to 16.78 for dressed steers.
Chicago and other markets list Butter creamery firm and receipts across firsts, ordinary firsts with varied prices. Potatoes ride higher with bulk shipments from Jersey Maryland Minnesota Wisconsin at set price bands. Poultry and eggs show mixed gains. New York sugar and coffee futures noted with spot prices and receipts.
East St. Louis, Aug 28 auction lists horses and mules with varied sizes and prices. Good southerna and extra heavy crafts command higher bids. mules range from 16 to 18 hands priced around 165 to 275 dollars, while smaller stock sold nearer 110 to 200 dollars. Various lots include 1400 to 1600 dollar ranges for horse categories.
The Marion County Farm bureau voted twenty five dollars to Round Grove Union and Warren townships for fall round ups and festivals and planned a county corn show in Palmyra in December with no extras. A committee will be appointed and the Rest warehouse rented pending a new elevator. County Agent Neilsen considers arranging home demonstration teaching to assist housewives. Black leg outbreaks in Marion county caused several calf losses despite vaccination. A big fish fry at Bay De Charles club elected officers. The funeral of Mrs. Catharine Swarts of Wichita Kan, a former Palmyra resident, was held at Palmyra Lutheran church with burial in Greenwood cemetery.
An Illinois extension expert says at least one third of milk cows fail to return a profit. Proper care and feeding may recover some, but many cows lack the inherent tendency to produce milk and butterfat. Keeping feed, milk, and butterfat records via cow testing associations helps identify unprofitable animals and can reduce feed costs. Members report value exceeding yearly dues after the first month.
Washington reports the U S Department of Agriculture stresses clean healthy seed as crucial for the larger anticipated wheat and rye crops. Farmers should clean seed with a fanning mill to remove weeds smut and shriveled grain and store until planting time. Seed treatment is advised to prevent smut. buy locally grown seed when possible and plant soon after harvest to secure lower prices and better adaptation to local conditions.
Washington urges farmers to prepare a firm moist seed bed for high priced wheat. Proper soil depth, milling, and timely plowing before planting reduce germination waste and guard investment. Rotate with oats, plow seven inches after harvest, harrow, and continue cultivation to kill weeds and firm subsoil. Early prep improves planting conditions.
Kellerville residents hosted guests from Liberty and Claytown over the weekend and attended dances at Leapley hall. Selah Lane left for Quincy to enroll at Gem City Business College for the winter. Demings and Mason families hosted visitors, while Carrie and Clara Mason visited in Claytown and attended the Old Bettera meeting. Local residents J R Smith, Robert Warner, J F Lane, and Edgar Smith were business callers in Quincy on Monday.
Paul of Loraine visited his mother Mrs. P. D. Renaker and Bundey on Saturday afternoons. Mrs. Jane Doole is in poor health. Mr. and Mrs. Jasper Mason and daughter Marie visited Mrs. Mason's mother Mrs. Marthe Gallaher of Kingston. School begins at Spring Valley Monday with Miss Hazel Mason as teacher. Lewis Renaker of Coatsburg assists his father on the farm this week.
The remains of John C. Murrah were brought for burial with short services at the cemetery. George Phirman, foremest resident, died in Bartonville and was buried Friday. Mr. and Mrs. Sarah Lancaster and Miss Edith Lancaster of York Nebraska visited Mrs. Olive Brown. Mrs. J. R. Lambert went shopping in Quincy. Miss Mattie Brink left for Springfield for the fair. Mr. and Mrs. Craig Utterback closed their fire sale and moved to Monroe City Missouri. George Gray and family went to the Carthage fair. Mrs. Earl Drake broke her arm in a fall last Saturday. Mr. and Mrs. Val Weisenburger returned from White Bear Lake Minnesota. Miss Lillian Gray left for Amarillo Texas to resume school duties.
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