The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1917-02-22
A BULLISH MARKET
Stiff Advance in Spud Prices and
Heavy Receipts Feature Local
!, Market Past Week.
Shipments Have Been Heavy Also-33
Cars of Tubers Shipped From
Here This Morning.

3 .
Cars Of Tubers Shipped From
Here This Morning.
The potato market has been, 'ecid-
edly bullish the past week, and prices
have advanced sharply. From $2.1O
to 1925 is being paid for all varieties
except Triumphs, which bring from
1928 to $40. The market was ex-
tremely active on Friday and Saturday,
and about 200 loads were brought in
on each of those days. There was a
fair movement on Monday and Tues
day, but receipts fell off fully fifty
per cent. Local buyers believe that
the bulk Of the hauling has been done,
and do not expect the receipts in any
one day during the balance Of the sea-
son to exceed 100 loads. . ..... .
Tuesday saw the real bullish market,
and record prices were paid. Eating
stock averaged from 1927 to $3.50,
and some loads went above the last
named figure. Triumphs hit the cell
ing, some loads bringing $2.45 per
bushel. ~
Yesterday no spuds were hauled in,
due no doubt to road conditions. Op-
orators were not idle, however, and
there was some tall hustling to load
cars. AS result 33 cars of spuds left
the Princeton depot this morning. The
shipments for the past week total
more than 60 cars.
The Chicago potato market contin-
ued to rule firm and higher last week,
with a-stiff advance in prices. A more
pronounced bullish effect was noted
among the large carlot dealers than
at any time since before Thanksgiv-
ing. Both the local demand and the
demand from common buying terri
tory has been very good and picked
up to considerable extent last week
with the coming of milder weather.
The call has been equally active on
both table and seed stock. The re-
ceipts have been somewhat heavier
than those of a week ago, but were
still away under normal. The increase
in receipts was largely due to the re-
lease of the accumulation of western
stock which had been snowbound for
a week or ten days. The release of
that western stuff might have caused
the market to react temporarily had
it not been for the fact that much of
it which was originally billed to Chi
cago was diverted to central and
southern markets. Quite bit of
trouble from frost was reported on the
western stock which had been held up,
and more or less trouble of this nature
with all cars which had been rolling
during the recent severe weather.
The offerings this week were prin-
cipally from Wisconsin and western
states, as Minnesota has not been
shipping to Chicago to any extent,
and the good eastern demand has
been drawing practically all of the
Michigan offerings in that direction
and away from Chicago. Operators
in explaining their bullish feeling
stated as their opinion that the
western states have no great volume
of potatoes yet to ship. The 1916
production Of Idaho, Washington and
Oregon totaled only 22,200,000 BUSH
els, which is less than the normal
production Of either Minnesota, Wis
consin or Michigan, and the move
ment from the three western states
mentioned has been unusually heavy,
especially during the past four
months.
Minnesota and Wisconsin, whose
production this week is only half
that of a normal season, are also re-
ported as having very short holdings,
many of the principal loading sta
lions being we'll cleaned up at this
time. A survey about the middle of
January showed Minnesota holdings at
that time to be approximately 5 per
cent Of those of year ago. Ordinar-
lily, potato interests figure that 20 per
cent Of January holdings in the north
ern states go to fill seed require
ments in their own section and in
southern districts. If this basis of
figuring the seed requirements is cor
rect, the remaining portion, which
goes to fill the consumptive demand, is
running rather low.
Nels "A. Thompson.
Nels A. Thompson, a respected resi-
dent Of Wyanett, Isanti county, passed