Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1916-03-23
T@day'@ Market Quotations
REPORT OF RAIN
CAUSE OF SLUMP
News OF Weather Conditions in South.
west Result in Weakening of
Wheat Market.

Chicago, March 23.-Rain reports
from the southwest tended today to
weaken the wheat market Dispatches
from Texas and Oklahoma, where
drought has been serious detriment
to crops, told of abundant showers at
many points. Assertions that field
conditions in Missouri were improving
counted also against the bulls. After
opening sc lower to a shade advance,
with May at LOSS to 1.0S12 and July
at LOTS to 1.07&s, prices rallied to
moderate extent, but then underwent
another sag.
Some strength developed later
owing 10 assertions that northwest
seeding would be late and the acre
age decreased. Subsequently. how
ever, the market gave way, influenced
by renewed activity of submarines.
The close was weak, 1ac to sc to &c
net lower, with May at los and July
at 1861
Corn weakened with wheat. Besides
some selling pressure resulted from
the big stocks Of corn on hand here.
Opening prices, which ranged from 3
Q14c off TO a sixteenth up, were fol-
lowed by something Of recovery and
later by a fresh decline.
Afterward the market hardened as
a result of demand from manufac
turers of alcohol, but prices again re-
| coded with wheat. The close was
weak at 1a4c to 2sc to exc net de-
cline
/ Commission house buying sustained
oats. The demand, however, was
mainly of a local character. Free SELL
/ ing Of lard depressed the provision
market. Aggressive support was lack
! ing.
Chicago Grain.
/ Chicago, March 23-Wheat: No. 2
red, 112; No. red, LOG; No. 2 hard,
/ loss Q11212; No. 3 hard, 1.07Q1,09;
/ Corn: No. yellow, FAC; No. 4 yellow,
/ 6S4 a zoe; No. white, 67R170c.
Oats: No. white, 42@43c; standard,
| 44c
| Rye, nominal; barley, 62G75c.
| Timothy, 4500S00.
| Glover, 1000@1S.50.
/ Pork, 2125@2275 Lard. 11,17;
Ribs, 11.37011.87.
Chicago Provisions.
Chicago, March 23.-Butter un-
changed Eggs lower; receipts 1925
cases; firsts 1910; ordinary frsts
1SAc; at mark, cases included $50
/ 19Ac.
Potatoes unsettled; receipts 80
cars; Michigan, Wisconsin, Minnesota
and Dakota white S8Q97c; Minnesota
and Dakota Ohios S5090c.
Poultry alive unchanged.
Toledo Grain.
Toledo, March 23.-Clover seed
prime cash, 1876; March, 1856; April
1921; October, $50
Alsike prime cash and March, $40
Timothy prime cash and March
$50; April, $50.
Minneapolis Grain.
Minneapolis. March 23.-Wheat
May, 1.101s July, 1.1014; No. l hard
. 1151s; No. l northern. 1.071s@113B
Corn: No. yellow, 74Q75c.
Oats: No white, 40A Q40a4.
/ Flax, 216R0219k.
Omaha Grain.
Omaha, March 23.-Wheat: No
hard. 1.04Q106. Corn; No. 4, white
63@65c.
No. 4 yellow. s5Q661ac; No. 4, e21z q
641ac.
Oats: No 3 white, 42043c.
Kansas City Grain.
Kansas City, Mo, March 23.-Wheat;
No. hard 1O3911O; No. 2 red 1.Oi
| Ql1O.
Corn: No. mixed 81; No, white
81; No. 2 yellow ssh.
Oats No. white 4e0461a; No.
mixed 41@43.
Rye, 81.
Hay: Alfalfa, higher; other varie
ties unchanged.
Liverpool Grain.
Liverpool. March 23.-Wheat: No.
Manitoba lbs 10d; No. hard winter
choice 13s I'd; No. 2 red western win
ter lis Cd.
Corn: American mixed los 61ad.
Peoria Grain.
Peoria, March 23-Corn: No.
white 69Aql2c; No. 3 yellow 71a.c
No mixed 701ac.
Oats: No. 8 white 4l4c.
New York Provisions.
| New York, March 23.-Butter: re
, ceipts 1910; steady; creamery extra
81; frsts 36Q36ac.
Eggs: barely steady; receipt
23,484; fresh gathered extras 2212 g
23c; extra firsts 21%Q22c; firsts 21G
2112c; seconds 20A Q20Ac.
: Cheese: firm; receipts 1923; stat
held specials 1SA 91ac; ditto averag
, fancy 18c: current make average rui
174 @17hc; Wisconsin Twins held
618Ac.
Dressed poultry firm; chickens 15G
: 30c; fowls 141a Q20c; turkeys 5000
Live weak; chickens 17q1712c
fowls 17@17kc; turkeys 22425c.
New York Sugar.
New York, March 23.-Raw sugar
, steady; centrifugal 57l; molasse
, 494; refined, steady.
f Kansas City Provisions.
, Kansas City, March 23.-Buttel