The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
A POULTRY FAMINE
Market Is the Highest During the
@ t Winter.
SUGAR TAKES "A BIG ADVANCE
Rubber Goods Higher, Due to Re-
vised List in Eject First
Of the Year.

Strengthening Of values in nearly all lines
of merchandise has been the feature Of the
local jobbing st-uation since the turn OF the
year. Northwest produce has shown higher
price tone. and a famine in dressed poultry
has developed. Refined sugar has taken all
aggregate advance Of % points here during
the week. Rubber goods are up to per
cent, due to revised list put in effect. Cling
hams are up Il cent, and there has been
Il strengthening of values in several lines OF
hardware. Advances made were warranted
by condition OF supply and demand and VIII
be sustained the first half OF the new, year,
at least .-..... ..... ...-. .-- ..--
Dressed poultry Is at the highest point
reached during the winter in this market.
Turkeys are on the basis OF l11a cents tor
fancy dressed toms and young hens. This is
Y cent higher than the previous highest
price. Spring chickens have advanced 11a@2
cents during the week and are firm, while
hens have advanced 1aQ1 cent and are strong
Fancy dressed ducks and geese have made
total gain Of 2 cents. Receipts Of poultry
since Tuesday were the lightest ever known
at this season Of the year. and 1t Is pre-
dicted' that the market will be much higher
through January than in December. Accord
ing to report, larger proportion of the
northwest poultry crop has been harvested
up to date than usual. This coupled with
f. only a light to medium production Of tur-
keys. will result in increased strength in the
price situation as compared with last month.
Reaction in Eggs.
Market on strictly fresh eggs has reacted
to higher basis, and this morning was
represented by % cents, wholesale. The early
part OF the week tendency Of values was
decidedly downward and values went to low
est point during six weeks reaching 20 cents.
Trading in jobbing way on the exchange
was active below % cents, there being many
buyers ready to take hold Cold weather
brought the reaction. and tendency is
again upward, but values are not expected to
go much higher than at present. Limburger
cheese has shown advance OF 1241 cent and is
firm. Other descriptions OF cheese are steady
to firm. Butter continues on firm and un-
changed basis. Dressed meats are advancing,
due to high range of poultry prices, with fan
cy veal showing total gain of l cent for week,
and light and medium dressed hogs gain
OF y cent Potatoes, cabbage, onions and
other vegetables continue firm, but without
price change.
Total Advance in Sugar.
The total advance in sugar for the week
at this point was % cents per hundred
weight. Monday morning all rail rates be-
came operative as against lake and rail, in
creasing the cost of transportation II cents,
to which was added 10 cents, the advance put
in effect with the settlement of the sugar war
cane and is in good supply. Glucose has de-
Veloped IN Irregular and weaker tone. New
Orleans grades of molasses are on firm basis
for open kettle and centrifugals. Coffee mar
ket is generally steady as to spot stocks
although speculative interest has been moro
active. Package coffees advanced here
u cents per hundred weight due to higher
freight rates, but remain unchanged at roast.
ing points. Tea is on the strongest basis
during the year and advances will develop
soon. In dried fruits new syndicate prices
on California raisins are awaited, but will not
be announced for several weeks, until syn
dictate is incorporated under the laws Of New
Jersey. Spot currantS show slightly easier
Tone decline amounting to 1s@A cent. Prunss
are gaining in strength. with the four sizes
and Oregons active. Peaches and apricots
are more active and stronger. Canned toma-
toes have gained 213G5 cents for the week
in both Is and So standards. California out
put Is being sold on same basis as eastern
production AMI has been absorbed rapidly
Corn, peas and other vegetables are steady
Gallon apples firm at an advance of 10@15
cents in first hands. Fruits are generally
steady.
Rubber Goods Higher.
With the first of the year rubber goods
including boots and shoes, were advanced "a
8 per cent. new list was issued by the
manufacturers which revised discount or
these goods. Values at the advance are de-
signated as remarkably low. The trace wal
between The large rubber interests is reported
as continuing, but advance was made fy al
interests and is attributed to higher price Of
crude rubber and increased cost of labor.
Ginghnms and Tapestries Higher.
Dry goods lines taking an advance witt
the first Of the year. Ginghams have been
advanced with manufacturers A@3s cents, an(
are held arm. Fine ginghams are scarce
Prints show strong undertone. Linens are
stronger due to better position of flax in this
country and abroad Tapestry list has beer
revised resulting in nominal advance in i'm
portant items. Manufacturers have advanced
carpets 21A@!0 cents a yard. according Il
quality.
Glass Is Lower.
Market on glass has declined expected
New discount sheet has been put in effec
which reduces price per cent. Further de
clines are believed to be remote, although
they may occur due to trade war between
the large factors in the situation and indie
pendents.