Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1916-02-07
'T@day'@ Market Quotations
HEAVY SELLING
BRINGS DECLINE
Unloading Process Inaugurated BY
Leading Houses Brought Slump
in Wheat Lists.

Chicago, Feb. Free selling by
leading houses brought about mater
ial decline today In the price of wheat
Holders appeared to be discouraged
by the uncertain outlook for export
business owing to dangers from Ger
man raiders on the Atlantic and be-
cause of the Capitalization of foreign
government control Of Europea buy
ing. Indications of crop damage in
Michigan and Ka!sas failed to act as
offset Opening prices, which ranged
rom l2c lower to &c advance, were
followed by a decided general break
and then moderate rally. First quo
tauons were 1924 TO 1873 for May
and l24&s to l.244 for July.
Talk of larger receipts, especially
in the northwest, led afterward to a
severe break, accompanied by much
selling Of stop loss character Com
paratiye smallness Of decrease in the
/ United States visible supply counted
against the bulls. Prices closed weak,
1904 to &c net lower, with May at
1.277s and July at 1.20s@121.
Big receipts here and at Peoria had
a weakening influence on the corn
market Industries were about the
only buyers. After opening B@Ac
lower, prices underwent a further sag
/ before showing arr power to react.
! Forecasts of continued heavy arri-
/ walls if cars could be had were influ-
! entail later in forcing the market still
/ lower. The close was unsettled at Is
/ OLE net decline
/ Oats gave way with other cereals.
Selling was general.
! Provisions lacked adequate support.
Firmness in the hog market here was
apparently ignored.
Chicago Grain.
I Chicago, Feb. Wheat: No. . red,
nominal; No. red 12S613G; No. .
hard 1.29&Q131; No. hard 1880
1891.
Corn: No. yellow, nominal; No.
yellow 70@71; No. 4 white 7O072k.
Oats: No. white 46A64S; stand
ard 481aQ49A.
/ Rye, No, 2, 1O2G7O21z; barley 6S
@S1; timothy 5.5O@8.OO; clover 1000
/ G1S.5O; pork 19.OO@2OOO; lard 9.75;
ribs 10.25@10.75.
Chicago Provisions.
Chicago, Feb. Butter: high
creamery~23 @3O1ac
/ Eggs: lower; receipts 1904 cases
firsts 2S12c; ordinary firsts 27@2Sc;
at mark, cases included 24@2S1ac
Potatoes: higher; receipts 80 cars
/ Michigan, Wisconsin. Minnesota and
Dakota white 950L05; Minnesota and
Dakota Ohios 95@100.
Poultry alive higher; fowls 1601ac;
/ springs l7c.
Liverpool Grain.
Liverpool, Feb. Wheat: No. :
hard winter, new, 13s 412d
Corn, spot quiet; American mived
new, los 912d.
New York Sugar.
New York, Feb. Raw sugar
steady; centrifugal 4S3; molasses
4.06; refined, firm.
Kansas City Provisions.
Kansas City, Feb. Butter: Cream
cry 81; firsts 20; seconds 81; packing
, 49,
Eggs: First %; seconds 90
springs II.
New York Provisions.
New York, Feb. 7.-Butter firm; re.
ceipts 1904 creamery extras 3112@
SIC; firsts 27@31c; seconds 25@26Rc
Eggs: steady: receipts 5,2SS; resi-
gathered extra fine 33c; extra firsts 81
@32c; firsts 2912 @3O12c; seconds 26@
I 2S12c.
Cheese: steady: receipts 1924; state
whole milk fats held specials $50 a c;
ditto average fancy 1Sc; ditto current
make specials 1734; ditto average run
16a61712.
Live poultry price unsettled. dress
ed quiet; fresh killed chickens 1872 q
| &c; fowls "A 70 % I9c; turkeys 28c.
Kansas City Grain.
Kansas City, Mo, Feb. Wheat
I No. = hard 1.236130; No. . red 1900
1.34.
Corn: No red 691ac; No. white
/ 701a @71c.
Oats; No. 2 white 52@43c; No.
mixed 48M49c.
/ Rye 92@93c. Hay steady.
Omaha Grain.
/ Omaha, Feb. Wheat: No hard
/ 123@126.
/ Corn: No 8 white 671ad6S No. !
yellow 69@691a; No. 8, 6S@6S12.
Oats; No. 3 white 45@4612.