Roanoke Rapids herald. [volume] (Roanoke Rapids, N.C.) 1914-192?, 1920-11-26
US. BUREAU MARKET REPORT
A Summary Of General Conditions In
Markets Of the Country, Compiled
by Special Correspondents.

| bureau or MaTkelS'
Cotton.-Severe declines character
lied the movement OF prices for spot
cotton and future contracts during
the week. The average price for mid
ding spot cotton as quoted by 8 Of
the 10 designated spot markets lost
about 22O points, closing at 1886,
which is a new low level for the
season. New York December futures
lost 1877 points, closing at 1850.
Livestock and Enthusiastically
all classes Of Chicago livestock show
ed substantial declines for the week.
Receipts liberal, those OF cattle estab-
fishing new weekly record. Good
quality cattle ranged Use to $1.75 per
100 lbs. lower with much Of the COM
mon grade declining considerably
more, Hogs ranged 90c to $1.75 lower
than on November IL, today's prices
establishing a new low level for the
year to date. A general decline of 75c
per 100 lbs. was scored by practically
all classes of sheep and lambs. No.
vember 10 prices Top hogs $12;
yearling steers ST; good beef steers
sl1.5O to SASS; heifers SIPS; cows
$1O feeder steers $1O5O; westerns
s11.75; veal calves SIS; fat lambs s12;
feeding lambs SIPS; ewes $5.25.
Under fairly liberal receipts and
rather slow demand, fresh meat prices
declined 81 to SO per 100 pounds dur
ing the week, beef beng the weakest
feature. Fresh pork held steady to a
shade lower. Mutton 81 lower; lamb
and veal generally 50 down, Novem-
Der 10 prices on good grade meats:
Beef SIT to $22 veal $24 to $26;
lamb s24 to s27 mutton $l3 to ST;
light pork loins $33 to $39; heavy
loins $26 to $34
Wheat.feed stocks at Lake ports
10000 tons; stocks In markets report
ed greater than demand. Stocks OF
other feeds, particularly high protein
feeds, heavy, dealers well supplied.
Prices unchanged to easier. Despite
continued decline in corn price OF
gluten feed advanced by principal
manufacturers on account OF low pro-
duction. Market remains quiet; deal
ers we'll supplied and unwilling to buy
heavily at prevailing prices. Quoted:
36%o cottonseed meal s35 Memphis;
linseed meal $40 T. o. b. mills. bran
s31, mddlings 500 so Minneapolis; No.
alfalfa meal-$3O Kansas City;
white hominy-$35 st. Louis; gluten
feed-S43 Chicago.
Graln.-The wheat market was IT.
tie steadier during the first three days
OF the week but later developed
weakness in sympathy with corn. Chi
cago December wheat closed on the
10Th at $1.721s, the lowest price in
four years. December corn appeared
heavy and dull on the 10th and Chi
cago prices declined continuously.
There has seldom been such lack OF
demand for all grains, American sup
plies of wheat small but milling de-
mand also small, owing to light de-
mand for -four. Mills are running
about half capacity. Kansas City cash
corn has declined more than 20 cents
past days and this has had bear
ish effect upon Chicago markets. Old
corn In Chicago selling at to 10
cents premium over December future
Small receipts OF wheat at Chicago
keep spot wheat prices at relatively
high level. No and 2 soft red win
ter 20 To 81 cents over December I'll.
ture; No. 3, at Is to 20 cents pre-
miums. No. / and 2 hard winter 5
to cents over December; No. at 2
TO 4 cents premiums. For the week
Chicago December wheat lost 5h
cents closing at $1.72b and December
corn s cents at 66h cents. Minneap-
oils December wheat lost cents clos
ing at 1879; Kansas City 8 cents
at s1.62h; Winnipeg 6k cents at
$1S4.
Fruits and Observation-Disclosures
round white potatoes weakened 10 to
l5c per 100 lbs. at shipping points,
closing s1.7O to s19O; car lots Chicago
s1.9O to ST. sacked. st. Louis de-
cllned about zoe; other middle west
ern markets held at $2,15 to $3.50.
Shipments generally lighter from
leading states.
Virginia sweet potatoes slow and
unsettled, eastern consuming markets
losing SOC to s125 per Dbl. Largest
decline at New York which closed at
50 to s2.25. Chicago steady 81 10
$3.50. Shipments 500 cars compared
with 1853 cars week ended Nov. II.
Shipments from Eastern Shore Vir-
ginia lighter.
Hay and Feed.-Hay market gener-
ally continues dull receipts light,
Prices firm and unchanged at Chicago
and Cincinnati because of light re-
ceipts and good local demand. At
Kansas City prices declined 81 to 81
per ton because current demand could
not absorb increased receipts. East
ern markets weak with supply ex-
cseding the limited demand. South
o., dnp,opd also worry light