The St. Mary banner., 1921-04-02
The Markets

| COtton-Ine average pii0O "a
ding spot cotton in the ~ deslgna'eu
,nortets advanced about points dur
;no the week, closing around ll.ooc
nor ID. New York March futures up
80 points at 11.43c.
uav-Receipts generally light; val
nos we'll maintained. Arrivals chicago
;roreasing. advices of country load
inqs to Chicago decreasing Spflh5
work and bad country roads still re-
stricting heavy movement. Eastern
and Southern markets report very lit
tle inquiry from outside points. NO.
Timothy in good request IN Phlladei
mia at 81 per ton advance. Pacific
coast markets weak because OF I'M
r-oved nastureage conditions. Glover
and clover mixed in good supply IN
the Carolinas but in light request.
Alfalfa receipts increased materially
in western markets; good demand
from feeding sections. Prairies hay
held steady, good southwestern prai-
rie meeting with ready sale in Chicago.
Chicago buyers not interested IN
South Dakota prairie. Quoted: No. l
timothy. s25, Chicago; $26, Philadel-
nhia: s24, Pittsburgh; S24, Cincinnati;
SIS, Minneapolis.
Feed.-Market weak; demand lack
ing: offerings, especially for April
Nav shipment, more liberal Bran
and middlings down $1-2 in western
markets; other wheat feeds declined
proportionately. Cottonseed meal of
5Oc.s1 and selling at new low levels.
Linseed meal steady; stocks of lower
grades fairly adequate. Gluten feed de-
man light; hominy feed sluggish.
Transit shipments most fields quoted
at discount under shipment prices.
Still lower prices expected by dealers
unless there is a decided change in
the general feeling. Quoted: Bran.
s2O.5O; middlings, $20.50; flour middl-
ings $25; reddog, $50; Minneapolis;
No. / alfalfa meal, SIS, Kansas City;
s20.50, ST. Louis; Linseed meal, $4l.50
Buffalo; $40 Minneapolis; gluten feed,
s37, Chicago, Beet pulp, s32 New York
and Baltimore; white hominy feed,
$23 ST. Louis, s24 Chicago
Grain.-The world economic situa-
tion continues a depressing factor in
the grain market In addition crop
reports have been favorable, and
prices trended lower the past week.
On the 15th sales of 100000 bushels
of wheat to Europe and further re-
ports of green bug damage in south
west induced considerable buying
which started an advance, but early
on the 18th support gave way and
values started downward. Early on
the 21st an oversold condition was
disclosed; shorts started to cover and
wheat advanced 4-5c, corn 1c. But
when buying ceased, prices dropped
rapidly. Visible supply of wheat de-
creased, 100000 bushels during the
week; visible supply of corn increased
100000. In Chicago cash market,
No. 2 red winter wheat, 201a-221ac
over Chicago May; No. 2 hard, IL
14Ac over; No. 8 mixed corn, 5-6Ac C
under May; No. 8 yellow, 5A6A un-
der. For the week, Chicago May
wheat down 4 "a at $141 7-S, May
corn 2Ac at 65 3-4c, Minneapolis May
wheat down &c at $135 So. Kansas
City May 4c at s1.35 3-4, Winnipeg
May 212c at $1.76, Chicago March
wheat $152 3-S. Minneapolis flour de-
mand fair. Kansas City milling and
export demand good, No. hard wheat
13c over Kansas City.
Fruits and egetables.-Potatoes
down zoe per 100 lbs. northern ship
ping stations, closing $3.50. Chicago
carlot market down 10-20c at $115
sacked. Round whites at western
New York stations also lost last
weeks gains, closing around 81 sack
ed. Bulk stock down 10-15c New
York, reaching $14O-150.
Dairy Products.-Butter markets
under severe pressure early in the
week and prices declined sharply.
Danish butter was the principal factor
and competition at New York forced
prices down. Other markets felt in
fiuence of this depression Markets
seem to be temporarily firmer but
increased domestic production and
very heavy arrivals from Denmark are
10 De reckoned with. Closing prices,
W score: New York, 45Ac; Chicago,
4o12c; Philadelphia, 46Rc; Boston,
SOC Cheese markets for most part
uuli and inactive. Price advances
during past month caused some trade
10 turn from fresh to held cheese and
lowered dor,pd e.. s.