The Hope pioneer., 1922-11-09
MARKETS HOLD STRONG
Grains Climb to Profit Making
Heights.

U. s. Bureau of Markets. Washington, D. c.,
for week ended Nov. 8. 1922.
: DAIRY PRODUCTS: Butter mar
kets firm at steady prices during the
week. Production decreasing; sup.
plies on market, especially on fancy
garden, somewhat limited. High prices
OF top scores have turned more inter-
est to medium and under grades. With.
drawals from storage heavy. Closing
prices 90 score butter: New York
49kc; Chicago 431sc; Cheese markets
barely steady, undertone unsettled.
Prices do not show much change from
week ago but trading is slow and most.
ly confined to small lots of goods for
immediate needs. Prices at Wisconsin
primary cheese markets Nov. /: Twins
25A: Daisies 25A, Double Daisies
24A, Young Americas 25h, Long
horns 25A, Square Prints 25A.
GRAIN: Grain prices had higher
tendency during the week, but the
advances were not maintained due to
liquidation and the close was only
fractionally higher than week ago.
Bullish factors were removal of hedg.
es against export sales, improved mill
ing and flour demand, and bullish pri-
vate reports on crops and world con-
ditions. Wheat market narrow on the
3rd. with fluctuations rapid and close
irregular. Flour demand northwest re.
ported active but transportation con.
ditions restricting business. Corn ner.
vous and affected largely by action of
wheat Car situation reported some.
what improved. Closing prices in Chi.
cago cash market: No. 2 red winter
wheat $1.21; No. 2 hard winter wheat
$1.1S; No. white oats 43c. Average
farm prices: No. mixed corn in cen.
tral Iowa 58c; No. hard winter wheat
in central Kansas CSC; No. dark
northern wheat in central North Da.
kota &c. Closing future prices: Chi
cago December wheat $1.151a; Chi.
cago Dec. corn CSC; Minneapolis Dec.
wheat SLIPS; Kansas City Dec.
wheat $1.0S; Winnipeg Dec. wheat
99hc.
LIVESTOCK AND MEATS: At Chi.
'cago all classes of livestock showed
declines for the week. Hog prices were
80 to 60c off; light weight hogs de.
clining most. Beef steers declined Is
to 40c; butcher heifers were steady
to SOC lower; cows Is to zoe and feed
ers Is to soc off. Veal calves declined
75c net for the week. Fat lambs SO to
66c; feeding lambs generally soc and
yearlings rs to Csc lower. Ewes were
practically unchanged. 90 Nov. 3
h0or y,,soo ,e%@o
days best time. Beef steers slow,
weak; veal calves rs to soc lower;
stockers and feeders weak to Csc
off other classes steady. Nov. 3, Chi.
cago prices: Hogs, top, 1855; bulk,
of sales So to $S.55; medium and good
beef steers 8.S5 to $11.65; butcher
COWS and heifers $50 to $40; feeder
steers S to $7.75; light and medium
weight veal calves IT'S to s10.25; fat
lambs 1880 to s14; feeding lambs
1925 to s13.S5; yearlings 9.25 to
S12.35; fat ewes 4.50 to $7.75. Stocker
and feeder shipments from 12 impor.
tant markets during the week ending
Oct. 9th were: Cattle and calves
lS4,473; hogs 1852; sheep 8,153
All classes of fresh meat in eastern
wholesale markets declined during the
week. Veal weak to 81 lower; veal and
pork loins weak to 81 lower and NUT.
ton weak to So lower while lamb rang
ed from 81 to 81 down per 100 lbs
On Nov. 3, beef was SOC to 81 lower
at New York, weak elsewhere; veal
and mutton weak, barely steady;
lamb 81 to 81 lower at New York
weak at Philadelphia and steady al
Boston. Nov. 3rd prices good grade
meats: Beef $15-17; veal $15-18; lamt
$20-25; mutton s13.1; light pork loins
1925: heavy loins s17-22.