The weekly Iberian. (New Iberia, La.) 1894-1946, 1921-08-27
The Markets

buying and strong cash marhel, put
weakness in coarse grains. unsettled
foreign exchange and weakness III
stock market acted as be1rsh lnliu-
ences remainder of week. Geherai
Iiouidation on last day Of week re-
suited in material declines Tor al
grains, bringing corn futures down 10
lowest point at this season OF year
since 1906 Wheat export sales con
tinued good Country offerings OF
wheat were moderate during week, OF
ferings of corn were liberal In Chl-
cago cash market No. red winter
wheat closed at $1.18; No. hard at
s1,2O; No. 2 mixed corn at sac; No.
yellow at SAC; No white oats at
zoe. For the week Chicago September
wheat lost 7 SAC, closing at $l,l6 5-S,
September corn lost SAC, CLOSING at
| So 3-4c Minneapolis September wheat
lost SC, closing at $124 "a. Kansas
City September lost Z 1-2c, closing at
S1.O6 ga. Chicago December wheat
closed at SILT 3-8; December corn al
53c; Minneapolis December wheat
closed at 1922 "a. Kansas City De
cember wheat closed at $1.o9 IA
| Hay-Market easier Heavier re
ceipts at Western markets past few
! days depressed prices, as there was
practically no shipping demand, ana
arrivals were slightly in excess OF local
demand Eastern and Southern mar
kets were also weak, with demand
poor. Quoted August II: No. l limo
thv New York $1,000, Cincinnati
$3.50. Chicago $25, Minneapolis sly,
Atlanta S27. No / alfalfa Memphis
$3.50. Minneapolis 500, Atlanta $Z6,
Omaha $3.50 No. / prairie Mime
apolis $15, Chicago $17, Omaha ST..
Feed-Demand and production light
Prices of most feeds, particularly Oil
meals. held steady except bran, which
was weak. Less alfalfa meal beng
ground than for several seasons due
to dull Eastern demand and small
sales to feed manufacturers. STOCKS
are fair Movement and receipts
light Quoted August IS: Bran
s13.75, middlings $14.50 Minneapolis;
No. / alfalfa meal $40 Kansas City;
IS per cent cotton seed meal $50 AT
lanta, $37 Memphis; linseed meal S39
Minneapolis; white hominy feed $24
St. Louis gluten feed $1,000 Chi
sago.
Dairy Products-Butter markets
weak following unsettled feeling past
week Certain advances in all markets
we're made, but with decline on Au-
gust II and 18 prices are from l to
lie below a week ago. Temporary
sirmness marked trading on one or two
days because of fairly liberal buying,
but as dealers stocks are again ample
for immediate needs demand was
light at close of week 92 score
prices August 10: New York AZ 1-2c;
Philadelphia 43c; Boston 43 1-2c; Chi
cago SOC. Cheese markets unsettled
during week. Trading light, although
somewhat more active following de-
clines at country markets on August
Is. Business during week confined
mostly to small lots, prices on August
II averaging as follows: Twins
Is 1-2c; daisies Is lac, double daisies
1Sc; longhorns 20 lac. Very little
trading done in Young Americas.
Fruits and observation-disclosures pc
tato supplies from New Jersey ship
ping sections checked moderately ad
vancing prices in Eastern markets
New Jersey sacked Irish cobblers de
clined 10000 per 100 pounds during
the week, closing $3.15@3.85. Demand
and movement are reported improving
at New Jersey shipping points. Sack
ed cobblers range $3.00@335 per 10t
pounds t. O. b. Sacked early OhiOs
closed slightly lower in Kansas City
around $500. Idaho white varieties
we're firm in middle Western markets
closing $3.5O@3.75 per 100 pounds
California salmon tint cantaloupe:
from Turlock section declined 25cQ
, 81 90 per crate in New York and Pitts
burgh, reaching $200@2.25, while the
Boston market strengthened, CLOSING
at s2.5O63.5O. Chicago market con
tinued weak and prices declined so
per crate, reaching $1.75@2.25. Mary
: land green meats, standards 45s
nearly steady in Eastern markets
ranging $1O0@2OO. New Mexico pinl
, meats range $125@150 per flat II
| New York and Boston and $1.00@1.2
in middle Western cities. Watermel
on market dull in New York City, sup
: niles liberal Delaware and Maryland
, Tom Watsons range $300@350 per ca
for &c to 30-pound stock. Missouri
stock ranged $140@275 in Chicago 70
medium sizes.
Live Stock and Meats-Despite
2 moderate recovery in the hog marke
: August 10, closing prices at Chicag
. showed net declines ranging from rs
@$1.OO per 100 pounds compared wit
a week ago. Beef steers were %
lower, with butcher cows and heifer
t ranging from steady to Csc lower
: Light weight feeding steers were 50
] higher, with others steady. Fat lamb:
h fat ewes and yearlings were pract
: cally unchanged Better grades {
feeding lambs were soc higher. Al
6 gust 10 Chicago prices: Hogs, to
= $40, bulk of sales $815@9.S5; mediul
: and good beef steers $7.O0@9.75
y butcher cows and heifers $3.50 @8.75
y feeder steers $5.5O@7.75; light an
medium weight veal calves 1880
! 9.25. Fat lambs $8.50@10.75 feedin
t $50: fat ewes $325@5.25.
/ lambs $675@875. Yearlings $685.
t cotton-Spot cotton prices decline
t 10 points during the week, closing ;
= .79c per pound New York Oct
Der futures down rs points at IL CSC.