The St. Mary banner., 1921-04-23
The Markets

Latest market report. issued by the
Bureau OF Markets, L. S. Department
Of Agriculture, Washington. D. c.:
Cotton-The average price OF mid,
ding spot cotton advanced 2 points
during the week, closing at 1093c per
pound. New York May futures down
22 points closing at l1.76c.
Grain-Market uncertain the first
part of week, but on the 11th prices
started on drastic downward trend
that continued until the 14th Reports
exporters reselling wheat, large coun-
try offerings, economic situation in.
cluding British strike, and efforts in
Canada to rush wheat into United
States in anticipation of proposed tar.
iff bill were the principal bearish fac.
tors. After reachingf new low points
on the 14th the market rallied sharply
on persistent buying by commission
houses and local trade, but news con-
ttnued bearish and the advance was
subsequently lost. Financial situation
indicates heavy marketing OF new
grain soon as threshed to meet obliga-
tions. Crop reports excellent; good
rains In west. No wheat export de-
mand despite the fact Argentine wheat
was quoted lac to 16c higher than
American via gulf. Exporters seek
cash corn: seaboard reports fair
amount sold for export In Chicago
cash market No. red winter wheat
sl.24 7-S; No. 2 hard $1.33 49, No. 3
mixed corn 50 5-S cents; No. 3 yellow
5412c. For the week Chicago May
wheat down 14Ac at s1.213 3-S May
corn sc at So 3-8. Minneapolis May
wheat down 14Ac at $1145-8; Kansas
City market 15kc at Sl12Ac; Winni-
peg May 154 C at $149%.
Hay-Market generally steady, but
very quiet and no life to demand. Kan.
sas City strong on all upper grades;
lower grades practically unsaleable.
Receipts sufficient to meet demand,
which is largely local. Shipping in
quiry light in most sections. Tract
offerings at Cincinnati liberal: ter
minal stocks materially reduced. New
York market weak; transactions small.
Minneapolis market firm on light re-
ceipts. Chicago trade not readily alb
sorbing arrivals; market 81 lower. AL
falfa very weak at San Francisco on
reports of early cuttings. Consign-
ments from Imperial Valley and Ari-
zona points affecting Los Angeles
prices and weakness Is reflected
throughout upper California Quoted
No. l timothy, $29.50 New York, $50
Atlanta, S24.50 Philadelphia, $3.50
Cincinnati s27 Memphis, s29 Minneap-
oils; No. timothy. $3.50 New York,
$2050 Cincinnati $3.50 Philadelphia,
s24 Memphis, $3.50 Minneapolis; No.
| alfalfa, $32 Atlanta, S17 Cincinnati,
S27 Memphis, 500 Minneapolis, $40
Kansas City; No. prairie, SIS Min
neapolis, SIS Kansas City.
Feed-Markets weak. trade buying
sparinely. Decline in coarse grains
is affecting demand for mill feeds.
Ideal weather conditions in Mime |
sofa, Northern Wisconsin and North
western States permit of outside feed |
ing and little linseed meal is boought, /
causing price to decline. Hominy feed /
soft on lower prices Cotton seed |
meal stronger on export inquiry. De. |
mand for gluten feed light at late re- !
duction. Stocks generally ample, re-
ceipts good, offering heavy. San Fran
cisco reports movement of alfalfa !
meal and cocoanut meal for coastway |
shipment small. Drop in beet pulp |
created a slightly better demand. !
Quoted: Reground oatfeed SLIPS |
markets; white hominy |
feed 500; No. alfalfa meal $21 at st. |
Louis; linseed meal $3.50 at Buffalo, |
s37 at Minneapolis; bran $3.50; mid
dlings s1450 at Minneapolis; SO per
cent cotton seed meal $23 at Memphis;
gluten feed $31, flour middlings $23,
red dog s2s at Chicago.
Fruits and vegetables-Potato mar
kets slightly weaker at Northern ship
ping points. closing 750S5c per 100
lbs. Carlot market in Chicago firm
At 90c to 81 sacked New York round
City at $I.25m130 bulk. Florida No.
spauldings rose in double head bar
els declined s125G1.75 per bbl in
Chicago closing around 1925; up s1.50
Der barrel in New York, closing at
,7.50@800. Texas sacked Bliss
Triumphs showed further loss of 81
,er 100 lbs in Kansas City, closing
lround $3.50 Movement of white po-
ng week.
Live Stock and Meats-Chicago live
tock prices were generally lower the
,ast week. Hogs led the downward
movement with declines ranging from
$1,000 per 100 lbs Beef steers aver
Iged Csc lower with butcher cows and
leifers generally steady; feeder steers
practically unchanged; fat lambs
teady to 25c lower; feeder lambs soc
over: yearlings and fat ewes steady.
april IA Chicago prices: Hogs, bulk
+ sales s790T900; medium and good
eef steers s7.5068.75; butcher cows
nd heifers s4.50I901. feeder steers