Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1916-01-24
T@day'@ Market Quotations
BEARS DOMINATE
The WHEh 7
Reported Reduction in Freight Rates
from Argentina Tended to Lower
Quotations.

Oh Jan. "a Anglo-F'rench
COVE. assistance in the cutting
down essel rates from Argentina
had a L-arish effect today on wheat,
Besides, predictions of severe cold in
the domestic winter crop belt had not
been fulfilled. On the other hand, de-
clines in prices here appeared to cause
a renewal of export buying
The opening, which ranged from 4
/ q IS TO Sole lower, with May 1914
to 1925 and July at 1.2434 to 1.25, was
followed by a material further sag,
but then a decided rally.
Subsequently, estimates that farm
reserves were much below the normal
tended to lift the market and show also
a decrease in the United States visible
supply total. Assertions that export
sales aggregated more than two mil
lion bushels put the bulls in control
/ Il to 1@11sc net higher, with May at
1881 and July at 1858.
Liberal receipts pulled down corn.
/ Commission houses though, became
active buyers and checked the weak
ness in the market. After opening "A
q % to Is lower, prices in some cases
made a slight recovery
! The market hardened noticeably
when wheat began to bulge. Closing
prices were firm at shade decline to
| 80 &c advance as compared with
Saturdays close.
Provisions eased off with hogs. De-
mand was catered.
Chicago, Jan. 24.-Wheat: No. 2 red,
1.34@134A; No. red, 1.26@1.31; No.
2 hard, 1909 1904; No. 8 hard, 1881
| @129
/ Corn: No. yellow, 7Sc; No. 4 yell
low. 714Q721ac; No, white. 71h@
73c.
Oats: No. 3 white, 5O14@511sc;
standard, 521a@53c.
Rye: No. 2, nominal; No. 3, 100;
barley, 67@S0c; timothy, 55O07.65;
clover, 1O.OO@1S.25; pork. 19.35@20.35;
lard, 10.10G10.35; ribs, 10.50@1O.77.
Chicago Provisions.
Chicago, Jan. 24.-Butter, steady;
creamery 23@3O1a.
Eggs; Lower; receipts 1880 cases !;
firsts 81; ordinary firsts 90; at mark,
cases included, 24@27.
Potatoes, steady; receipts IS cars
Michigan, Wisconsin,, Minnesota and
Dakota white 95@1O5; Minnesota and
Dakota Ohios 90G100.
Poultry, alive, higher; fowls 10;
springs 1412
Kansas City Provisions.
Kansas City, Mo, Jan. 24-Butter:
! Creamery 81; frsts %; seconds 27;
packing 10.
Eggs: Firsts %; seconds 20.
Poultry: Hens 10; turkeys IS;
springs Is.
New York Provisions.
New York, Jan. 2-Butter easier
/ receipts, 1866; creamery extras, $40
. 3215c; firsts, 2S@311ac; seconds, 251!
271Ac.
} Eggs steady; receipts, 4.132; fresl
. gathered extra fine, 30@31c; extra
: firsts, 2S1229c; firsts, 27@2Sc; sec
onds, 26@261ac.
Cheese firm; receipts, 1920; STATE
; whole milk fats held specials, $50
: 1910; do, average fancy, 17s4 @1Sc
3 do, current make specials, 17&c; d.
I average run 17@1714c.
Live poultry unsettled; no price
quoted; do, dressed, strong; fresh kill
ed chickens, 16@27c; fowls, 14@19c
5 turkeys, 26@27e.
2 Kansas City Grain.
/ Kansas City, Mo, Jan. 24.-Wheat-
2 No. . hard, 121@1.27; No. 2 red, IL
012S.
Corn-No mixed, roe; No. 2 white
700 701ac; No. yellow, Tic.
Oats-No. 2 white, 50@51c No.
; mixed, 46047c.
5 Omaha Grain.
Omaha, Neb., Jan. 24.-Wheat-No.
; hard, $1,2041.22.
Z Corn-No. 3 white, 68@6S12c; No.
/ yellow, $50 q69c; No. 3, 6712 Q6Sc.
Oats-No. white, 471aq4Sc.