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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Sep 20, 1916
Page
7
Liberal export demand pushed wheat prices higher though bears held some ground. Dec futures near 1.49 to 1.50, May around 1.50, with corn and oats showing mixed moves. Export sales totaled about 1.25 million bushels, at least half from the United States, and European visible supply slipped by 4.72 million bushels as frost worries faded.
Wheat and corn prices varied by grade and region with No 2 hard wheat around 1.49 to 1.58 in Kansas City and Chicago. corn values showed white and yellow grades from about 3 to 8 dollars per 100 pounds, while oats ranged lower. Regional notes from St Louis, Omaha, Minneapolis, and Liverpool add mixed movements and spot clarity for the day.
Chicago to East St Louis and Kansas City report varied cattle hog and sheep receipts for Sept 20. Prices shift slightly as steers calves beef and lambs trade ranges reflect supply demand in each market with notable totals in Omaha and Louisville regions.
Market notes show butter firm in cremeries with receipts near 9,159 cases. potatoes lower with varied regional quotes. poultry alive higher in some markets. New York butter steady to higher with creamery extras around 33 to 34 cents. raw sugar firm at 5.02, refined 6.40. St Louis reports mixed potato sales with strong farm stock, apples moving freely, Jonathan and Grimes varieties cited with assorted price ranges.
In St Louis, grass seeds show Timothy steady to firm with prices ranging 1 to 2 per 100 pounds, clover quiet, alfalfa around 13 to 14.50, and redtop 6 to 8.25. Toledo quotes Clover seed cash 10.05, Timothy prime cash 2.95, with futures near 9.90 to 10.00. Chicago notes Rye No 2 at 1.20, Barley 0.50, Clover 11 to 14, Timothy 3.50 to 4.50.
Clover mixed and alfalfa prices listed with grades and ranges from No. 1 heavy to No. 3. Wheat at $7 per ten. A proverb criticizes tax dodgers, praising a plucky man who resists being plucked.
Stillwell and Mrs Crear and Mr and Mrs Felgar visit the state fair this week. Henry Tanner of Maxwell is visiting relatives. Mary Lawless of Carthage spends Saturday with cousin Grace Hanson. Rev Bertie Taylor begins as Christian church pastor for the year November 1. Ida Griffith and three children from Toledo visit relatives. Bertha Sutherland moves into James Howard property running a rooming and boarding house. Harvey Crear and Albert Lunt return from Dakota. Frosts appear with little damage. Grant Babbitt sells 4 acre farm southwest of town to H S Bunt at 115 per acre. Lunt buys it for son Walter, who will marry Edith Crear.
Tuesday's stock activity stayed high with total sales over a million shares led by U S Steel at a fresh 109 record. The market showed gains in equipment, copper, zinc, and motors while sugars and oils attracted speculation. shipping shares lagged with total sales at 1,070,000. Bond activity was irregular with par value at $4,875,000 and U S bonds steady on call but coupons down a half percent on sales.
Local markets list prices for No 2 wheat at 31.43, corn, oats, and various hays and clover, plus milling products from Koelnberg Alllands. Hog quotes cover shipments west of the Mississippi, with prices by weight, and local butcher rates for hogs, calves, steers, and lambs. Includes poultry, butter, hides, and other farm staples with unit prices and ranges.
The Quincy Clearing House association reports Tuesday clearings at 171,119 dollars, with the same day last week at 159,620 dollars, indicating a rise in activity. The figures reflect local banking volume and are presented as part of daily financial summaries.
Wheat faced early weakness due to lower cables and a reported Argentine wheat purchase for New York. Exporters and cash buyers supported prices with hopeful totals possibly surpassing 1,000,000 bushels. Frost damage claims amid recent cold point to broader market upswing and strong foreign demand for oats and corn outlooks.
An old advertisement touts Dr King’s New Discovery as relief for stuffed head and sore throat. It promises soothing antiseptic balsams, clears the head, loosens phlegm, and urges persistent use until the cold is gone. The 50 cent price is noted.
Work of cutting corn and sowing wheat has begun in the country with favorable weather. Local market receipts include 22 loads of hay, corn, baled straw and oats sold. Hog prices in the livestock market rose five cents. Corn prices ranged 71.4 to 88 cents per bushel across several loads. Oats sold at 47 cents per bushel. Hay and baled hay sold at 8 to 11 dollars per ton, with patted straw at 6 dollars per ton.
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