The weekly Iberian., 1921-09-24
The Markets

Latest market report, issued by the
Bureau of Markets, u. S. Department
of Agriculture. Washington, ID. c.:
Grain-Good export business and
drouth in Argentina induced higher
prices the early part of the week, but
the market then became unsettled and
prices average lower the remainder of
the week There was a slight rebound
on the 18th ON revival of wheat de-
mand from exporters and further Ar
gentina drouth reports. but subsequent
rains in Argentina caused change
in sentiment. Drop in foreign exchange
was also a factor. Canadian crop es
timated 294,0000 900 bushels as com
pared with 263 100000 bushels year
ago. Country corn offerings not large.
Closing cash prices in Chicago: No.
red winter wheat $128; No, 2 hard
$126; No 2 mixed corn 55c. No.
yellow corn 55c; No. 8 white oats 36e.
For the week Chicago December wheat
dropped &c, closing at $12S@s, Decem-
Der corn 112c, closing at 5312c. Min
neapolis December wheat up HE at
$1.42h; Kansas City December down
3s4e at $119A; Winnepeg December
wheat down 24c at $780,. Chicago
September wheat closed at $1.26l4
September corn 53A2c; Minneapolis
September wheat $147B; Kansas City
september s1.171a; Winnepeg October
S144
Hay-Market continues very quiet
generally. Light receipts advanced
prices at Chicago Rain curtailed
movement at Kansas City and Min
neapolis. Southern demand showing
slight Improvement. Quoted Septem-
ber IL No. / timothy, New York
$3.50 Boston $28. Pittsburg $21, Chi
caeo $25, Minneapolis $3.50, Cincin-
natl $40; No /, alfalfa, Minneapolis
500, Kansas City SIS; No. | prairie,
Kansas City $10.50, Minneapolis Sl4.50.
Feed-Markets steady Trading ae-
tive Offerings generally good and
demand limited. Storage stocks of
wheat feeds good A few export in
quiries were received for bran and
shorts from England and about 500
tons of bran were sold by Minneapolis
to Holland this week Export demand
for seed meals fair. Corn feeds firm,
offering plentiful. Demand fair. Al
falfa meal production improving.
Stocks and demand fair. Quoted Sep
tember Is: Bran $13. middlings $14,
flour middlings $40, Minneapolis; SO
per cent cotton seed meal $37 in At
lanta, $3650 in Memphis Glutton
feed $30.15 in Chicago; white hominy
feed s23 in st. Louis; 33 per cent
linseed meal $39 in Minneapolis; 80
Fruits and Observation-Disclosures
moving in heavier volume at rate of
900 to 1000 cars daily at close of week.
Giants and round whites steady in
Eastern markets at 1925 to $2.75 per
100-pound sacked. New Jersey Giants
up 15c at 50 to $2.15 fob shipping
points, round whites $3.50 to $2,65.
Chicago carlot market off 55c to soc.
Idaho rurals ranging from $3.50 to
$3.50; Wisconsin round whites $2.65 to
S2S5; Nebraska early Ohios up soc to
60c at shipping points, ranging from
vn1I Lob
SOC in Massachusetts producing sec
tions, ranging from $3.50 to 1915 sack
ed per hundred pounds. Consuming
markets irregular, showing net gain
of 25c and ranging from $375 to $425
at close for Eastern and Middle-West-
ern stock. Apples in moderate demand
in city markets. Shipments increasing
and markets strengthened. New York
Az IL inch wealthys up 81 to $1.25 in
Chicago, $3.50 to 50 per barrel; soc
higher in New York, $3.50 to SO. New
York and Michigan greetings SS to
$3.50 in Chicago. California craven
stems steady at SO to 1915 per box in
New York and Kansas City New York
domestic cabbage in limited demand
in city markets with moderate sup
plleS. GTlceS Steduy III New OTb DIT
$50 to $55 per ton bulk; $40 to $50 in
other markets. Colorado and domestic
stock down SO in St. Louis at $40 to
S45. Shipments increasing. Colorado
salmon tint cantaloupes down 81 per
standard crate in Eastern markets at
$3.50 to $3.50. Midde-Western mar
kets steady at 1925 to $3.50 st. Louis
$3.50. Total shipments for season to
date $4,000 cars compared with 20,793
last season.
Dairy Products - Butter markets
firm; price tendency upward; scar
city of fancy grades IS supporting fac
tor. Preliminary storage report re-
leased September IL covering entire
United States show September | total
holdings 93,946,0O0 pounds compared
with lie, 5,550,000 pounds year ago,
and with five-year average of no.
326,000 pounds. Closing prices 92
score: New York 441ac; Chicago 43c;
Philadelphia 45Rc; Boston 44c. Cheese
markets steady to firm: greatest ac-
tivity at primary markets in the coun-
To yWyra uya1l