The weekly Iberian. (New Iberia, La.) 1894-1946, 1921-09-03
The Markets

! Latest market report, issued by IHe
Bureau of Markets, L. S. Department
Of Agriculture. Washington, ID. G.:
! Hay-Heavier receipts have caused
81 to So decline in Timothy prices
at principal central-western markets
Stock yards buying at Chicago has
cleared up surplus Lighter country
| loadings reported. Eastern markets
dull and about 80 cents lower Al
fafa and prairie prices nave also de
clined about soc to 81 during the week.
Quoted August "a: No. l timothy. New
York $1,000 Philadelphia S24, Cincln
natl $3.50, Chicago $22 Atlanta $26,
! Memphis $3.50. No. | alfalfa, Mem
phs S22, Minneapolis 500, Kansas city
$23. No / prairie, Minneapolis Sl4,50,
! Chicago SIT, Kansas City $12.
Feed-Wheat feeds, especially bran,
] continue weak. The demand for feed
stuffs of all kinds remains light Prices
| lower Stocks in dealers hands light
to fair Prospects of material reduc-
ton in production of cotton seed cake
and meal has not stimulated demand.
Trade expects production to be less
than normal domestic requirements.
Prices new crop meal now 81 to 50
feeds fairly steady. Alfalfa meal un-
changed Quoted August 25: Bran
1926, middlings $f4 Minneapolis; 30
per cent cotton seed meal (new CROP,
SAL delivered northeastern markets;
33 per cent linseed meal $3.50 Min
eapolis, 80 per cent linseed meal $45
delivered northeastern markets. White
hominy feed $22; No. 1 alfalfa meal
$17.50 Kansas City. Gluten feed $1,000
! Chicago, $3621 Philadelphia.
Grain-Following lower prices the
first three days of week under liQui-
dation by longs and lack of support,
sentiment turned bullish On good eX-
port and milling demand and Chicago
September wheat closed at $1.20 IS,
, showing a net advance of 312c for the
week Chicago September corn rose
1l2c, closing at 54Ac. The market
closed with undertone strong, due in
part to passage of legislation to ald
exports. Export demand at seaboard
only fair on the 25th and sales smaller
account inability to obtain cash grain.
Country receipts small; offerings to
arrive limited Industrial corn de-
mand good, but export demand less &C
tive Country corn offerings liberal.
In Chicago cash market: No. 2 red
winter wheat $122; No hard $1.22;
No mixed corn 55c; No. 2 yellow
SEC; No. white oats 32Ac. For the
week Minneapolis September wheat up
SIC at $3.50; Kansas City September
up, 4c at $1.10A; Winnipeg October
up NC at $145 Chicago December
wheat closed at $1211a; Chicago De-
cember corn SAY, Minneapolis Decem-
Der wheat $129A; Kansas City De-
cember $113H.
Dairy Products-After week OF I'M
settled trading butter markets have
again taken on firm tone. August
rs prices show advances, but are still
about 1c to l 1ac under those of a week
ago. Weather has been favorable for
production and receipts are slightly
heavier, but there has been revival
of trading account of buyers, letting
stocks get low on a falling market
Closing prices, go score: New York
41kc, Chicago 37kc. Philadelphia
41hc, Boston 42c. More confidence
shown in cheese markets and under
tone much more settled than a week
ago. Trading at Wisconsin primary
markets especially has shown consid-
/ eTdUlc Improvement. hu6ooS 81 PaASSS
average: Twins 1Sc, daisies and
double 19c, Longhorns 19hc; light
trading in young americas.
Fruits and vegetabIes-New Jersey
sacked Irish cobbler potatoes declined
15620c per 100 pounds in Eastern
consuming markets the past week,
closing at s3@3.65. Giants range
$245@3. Heavy haulings at the close
Of the week depressed prices at North
Jersey shipping points 4Oc per 100
pounds in two days, prices closing at
$2150235 fob. Kansas sacked early
Ohios continued to decline in Kansas
City, closing 81 lower per 100 pounds
at around So. Nebraska early Ohios
range $2.25@2.60 in Chicago. Mime
sofa early Ohios $2.65@2.75 in st.
Loui sand S22002.30 fob. at Mime
sofa shipping points. California sal
mon tint cantaloupes from Turlock Sec
ton held at $2m2.50 per standard crate
in New York, but declined Csc in Pitts
burg, closing $175@2. Chicago mar
ket continued weak, prices showing
further loss of soc per crate to range
of S125m1.75. Delaware and Mary
land green meats standards ASS range
S12502.25 in eastern markets. New
York and Massachusetts yellow globe
onions range $3.50 to So per 100 pounds
in New York, $325@3.50 Boston. Mid
q dlewestern yellow varieties range $3.50
"a per 100 lbs. in New York. Wash
ington yellow stock 1925 $3.50 in Kan
sas City, $2.50@2.75 in Chicago.
Live Stock and Meats-With the ex-
ception of veal calves, Chicago live
stock prices show declines compared
with a week ago Hogs down 1O@75c;
beef steers 25@75c; feeding steers
generally Csc lower. Butcher COWS
and heifers unchanged Both fat and
feeding lambs show declines at 50@75c
per 100 lbs Fat ewes unchanged. Au-
gust Is Chicago prices: Hogs, top
50. 90; bulk of sales $7.40@965; me-
dunn and good beef steers $6.25 $3.50;
butcher cows and heifers $3.500S.75;
feeder steers $5.25@7.5O; light and me-
dunn weight veal calves $9.00@11.25;
fat lambs $4,000; feeding lambs
s6.25@S; yearlings s6.25@S.
Cotton - Spot cotton prices ad-
vanced 1876 points during the week,
closing at 1372c per pound. New
Work. October futures up 1877 points at