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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Sep 22, 1916
Page
10
Wheat prices rose Thursday with European purchases boosting contracts to 1.58 1/2 dollars for December and 1.51 for May, while corn and oats slumped and hogs pulled lower provisions. Estimates show about seventy percent of recent European purchases are U S grown wheat, with vessel charters for Europe closing near 100 000 bushels.
Wheat and corn prices across Chicago St Louis Omaha Kansas City Minneapolis Peoria and New York show varied moves with No 2 red wheat around 1.50 to 1.66 in several hubs. corn mixed in cents per bushel. oats mostly steady to firm. Multiple exchanges report no dramatic shifts amid weekly price spreads and cash bids.
A cautionary note warns that those who trust appearances are targeted by gold brick promoters who seek to trade on false confidence. The piece stresses skepticism toward flashy claims and urges prudent verification of claims before investing.
St Louis and Chicago market reports list mixed hay types, Timothy, alfalfa and straw prices with ranges and quality notes. Straw is scarce. oats and rye straw prices appear alongside hay pricing for various grades and lot sizes. Sentences include unrelated ad-like lines and aphorisms about notice and duty.
New York Sept 22 The striking feature of Thursday's session was an aggressive speculation faction futilely trying to depress prices. Leading metals surged with Anaconda to 9 54% Utah 9 0% and Inspiration 64% New highs for steel and other issues followed, GM fell 6 5 points to 689, total stock sales 1 255 million shares, par value 3 970 million. Bonds remained strong with demand up. U S 4% down slightly. Money and mercantile rates noted.)
Prices paid for hay and grain including No 2 wheat at 1.43, corn 0.46, oats 0.46, timothy hay 8 16.50, alfalfa 14.50, clover seed 10.50 per bushel, various milling products from Knollenberg Milling, and animal prices from the stock yards. Hog quotes list weights 125 to 300 pounds with top around 10.55. pigs 90 to 140 pounds around 8.75 to 9.70. Local butcher quotes and hide, calf, horse, and butter prices included.
Quincy Clearing House figures show Thursday clearings at 132,199 in large dollars with a year over year comparison. Last week’s same day total was 160,544 while last year’s same day amount was 104,293.
Market notes from Chicago, Kansas City, New York and St Louis report butter, eggs, poultry, potatoes and apples with varied gains and softening trends. Prices shown for creamery butter, firsts and seconds, eggs, poultry, and assorted fruits and vegetables across multiple regional markets.
Toledo seed prices show Clover seed at 4.70 and Timothy at 2.25 with Oct and Dee terms. Chicago seed figures list Rye and Clover with various cents per unit. An aspirinlike health ad promotes Dr Ying's New Life Pills and Dr King’s New Life Pills as gentle laxatives with a 25 cent price at druggists.
Changes in the local market Thursday were few. Hogs were quoted 15 cents lower, while other prices stayed steady. The first wagon load of apples was weighed, and fourteen loads of corn, oats, hay, and baled straw arrived. Three loads of loose hay priced at $10, $9, and $6 per ton. corn brought six loads with prices 87, 8, and 85 cents per bushel. Oats included four loads at 49 and 48 cents, and baled straw lagged at $5 per ton.
Chicago wheat slips early then recovers as drought news from Argentina and brisk Buenos Aires markets influence prices. Atlantic freight rates fall aiding export hopes while corn demand remains steady and oats see active spread trading. A moral aside notes a boy shaves to look older and a man to look younger as commentary closes.
Hogs receipts 17,000 in Chicago with prices 15 to 20 cents under Wednes day's average. cattle receipts 6,960 with varied rosuch as native beef cattle 6.60 to 11.30. sheep receipts 18,000 with wethers 6.85 to 8.50 and lambs 6.75 to 10.75. Similar markets in St Louis and Omaha show lower hogs, steady cattle, and mixed sheep markets across several packing centers.
Albert Schaefer has moved to Lima joining Byrd Clark store partnership with Mr Muegge in undertaking work. C H Koltzenburg returns from four week Dwight visit. Rev Mr Smith and family arrive to serve M E church for coming year. Dr A A Crank returns to Chicago to finish veterinary studies. Weiler and Frazer families travel to Springfield for the fair. Infant Lester Albert Brackensick dies at two weeks, burial Sunday. Mrs Minnie Laeding found dead in bed after long dropsy illness, age 76, survived by three sons and one daughter. two husbands were brothers. Mrs Fred Hufendick buried in German cemetery.
Mrs Jennie Wright of Chicago spent Monday with Mr and Mrs J N Wright and family. Mrs J B Voorhis of Quincy visits sister-in-law Mrs J M Sapp. Mrs R A Chase Miss Mary Chase and Mr Roger Chase spend week in Springfield for the fair. Mrs J E Seekman was a Fowler visitor Tuesday. Miss Clara Talken, who injured the arch of her foot, is improving slowly. Mrs William Disselhorst visiting relatives in St Louis.
Pine Tar Believes A Cold. Dr Bell's Pine Tar Honey contains soothing pine forest elements. It heals irritated membranes and loosens phlegm to ease breathing. A severe cold promised to break up with a dose. For stuffed-up chest sore throat use Dr Bell's Pine Tar Honey. At your druggist 25c.
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