The Yale expositor., 1921-08-25
MARKETS
v. s. BUREAU OF MARKETS
Washington, .. c.
Grain


and strong cash market but weakness in
coarse grains unsettled foreign exchange
and weakness in stock market acted as
bearish influences remainder OF week.
General liquidation on last day OF week
resulted In material declines for all
grains bringing corn futures down to
lowest point at this season of year since
1906. Wheat export sales continued
good. Country offerings of wheat were
moderate during week offerings of corn
were liberal. In Chicago cash market
No. 2 Red winter wheat closed at I'lS;
No. hard at $l.20; No. mixed corn at
81 cents No. yellow at 81 cents; No.
3 white oats at 3Oc. For the week Chi
cago Sept. wheat lost Sac, closing at
$1.16 SIS; Sept. corn lost 4 3-4c closing
at SO 3-4c; Minneapolis September wheat
lost cents. closing al 1924 "a: Kansas
City September lost I 1-2c. closing at
$l.06 "a. Chicago December wheat
closed at Sly 3-S; December corn at 53c:
Minneapolis December wheat closed at
1922 "a. Kansas City December wheat
closed at $1.09 IA.
Hay
Market easier Heavier receipts at
western markets past few days depressed
prices as there was practically no ship
ping demand and arrivals were slightly
in excess OF local demand. Eastern and
southern markets were also weak with
! timothy, New York $1,000 Cincinnati
$2l. 80 Chicago $25. Minneapolis $19. At
lanta $27. No. ! alfalfa Memphis $22.5 SO,
MlnnedpOnS SZU, Atlanta 4Z6, OHldnd
$3.50 No. l prairie: Minneapolis SIS,
Chicago SIT, Omaha $12.
Feed
Demond and production light. Prices
of most feeds. particularly oil meals
held steady except bran, which was
weak. Less alfalfa meal being ground
than for several seasons, due to dull
eastern demand and small sales to feed
manufacturers. Stocks are fair, move
ment and receipts light. Quoted August
hraF mid
apolis; No ] alfalfa meal $40, Kansas
City SO per cent cotton seed meal S96
Atlanta; $37 Memphis. Linseed meal 500
Minneapolis; white hominy feed $24 st.
Louis; gluten feed $1,000 Chicago.
Dairy Products.
Butter markets weak following unset
tied feeling past week. Certain advances
In all markets were made but with de-
clines on August 18th and 18th prices
are from l to ] 1-2c below a week ago.
Temporary firmness marked trading on
one or two days because OF fairly liberal
buying but az dealers stocks are again
light at close OF week. Ninety-two score
prices Aug. 16: New York AZ 1-2c; Phil
adelphia 43c Boston 43 1-2c; Chicago 80
cents.
Fruits and Vegetables.
Increased potato supplies from New
Jersey shipping sections checked moder-
ately advancing prices in eastern mar
kets. New Jersey sacked Irish Cobbers
declined Is TO 20 cents per 100 pounds.
during the week. closing S3.15M3.S5. De-
mand and movement are reported i'm
proving at New Jersey shipping points.
Sacked cobblers range S3@3.35 per 100
lbs. T. o. b. Sacked early Ohios closed
slightly lower In Kansas City around SO.
Idaho white varieties were firm in mid
dlewestern markets, closing $3.50M3.75
per 100 pounds. California Salmon Tint
cantaloupes from Turlock section decin-
ed 25 cents to 81 per crate In New York
and Pittsburgh reaching S2m2.2h while
the Boston market strengthened, closing
$2.50Q3.50.
Live Stock and Meats.
Despite moderate recovery in the hog
market August is, closing prices al Chi
cago showed net declines ranging from
25c to 81 per 100 pounds compared with
a week ago. Beef steers were 25 cents
lower with butcher cows and heifers
ranging from steady to 20 cents lower.
Light weight feeding steers were so cents
higher with others steady. Fat lambs,
fat ewes and yearlings were practically
unchanged. Better grades OF feeding
lambs were so cents higher. August 18th
Chicago prices: Hogs top so. bulk nf
sales $S.15M9.S5: medium and good beef
steers s7@9.75; butcher cows and heifers.
and medium weight veal calves $1,000
9.25; fat lambs $S.50@1075 feeding
lambs. $6.75MS.75: yearlings S625aS.50;
fat ewes $3.256525. Stocker and feeder
during the week ending August ~ were:
Cattle and calves 59,33S; hogs $3.50;
Cheep. S6,32S. With the exception of veal
eastern wholesale fresh meat prices were
S1.50; lamb and pork loins $1@2. While
mutton was steady to 81 lower per 100
lbs. At most markets veal ranged from
$l@2 higher. August 18th prices good
lamb $2lG24; mutton $11G15; light pork
loins $25M29, heavy loins $15M21.