The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1922-12-29
OVNENbER CROP
ANDlRADE IMPORT
Ninth Federal Reserve Dis
trict Survey Made Puohc
GRAIN AND STOCK
Receipts. We're. At and. Above
NORMAL; Business conditions 7
Showed Improvement
.tAssoe.a,.. ...spatch.l

NOgCmEeF .SlOlI u tlS S+oP CIV
business conditions IN the Ninth
Federal iteselVe District, ReselNt
Agent John H. Ricn OF this cit!
lays: t
Receipts OF grain at Minneapoli;
aau the mead o. .ns IaAeS TGsis GeFeO
= aeIilAe between Oc.oDef ana No,
,c.uOO., wAieh VAS seasonal TOT al
lne gains except max. however
lac lolai receipts IN fNoVemoeF con
lIHGed Uelo" Lnu AZ S,tf aver, G
FAX receipts should reach a pro-
nounued peak Outing November, Ddt
this year they declined one-tni.G
i. om the October figure which was
also below normal. Receipts OF rye
on the. other hand, were moe tuAl
double the normal amount, eonun'
uing the abno.mally large move
ment which has been evident al
f.L - 81. :,
last year to show the eject OF the
October car shortage. Whereas, the
receipts Of all grains combined were
s per cent lower in October this
wear than last. the receipts in No
ven Te96 Der, wete 81 per cent larger 'na'
The decline in receipts was rela-
lively greater at Duluth Supet ior
than at Minneapolis for all & aims
except rye and fax between Octo
Der and November, owing to the ap
proach OF the close OF navigation toI
the winter. Shipments from Duluth
Superior were much larger in No,
vernber than In October for al
grains except wheat.
Grain stocks in elevators 81
Minneapolis and the head OF the
lakes declined one eighth between
the end of October ond the end OF
November. Corn stocks were prac-
tically eliminated and stocks OF bar
ley declined one third. AS com
pared with last year northwestern
terminal grain stocks were lower II
the case of every grain except rye
Stocks of rye were seven times as
large, at Duluth Superior this yeal
as a year ago and one fourth larger
at MINNEAPOLIS, or ,hree times as
large at both centers combined. Inc
combined stocks of corn were less
than one fifth as large this year as
last and fax stocks less than one
half as large, with the Minneapolis
stocks showing by far the /greates'
less Oats stocks. which wee eX-
eeptionally high during the winter
0. 192l!22, were down nearly one
half from the figure OF a pear ago
third Wheat sticks were practically
as large this year as last.
livestock receipts at South st
Paul continued to be ,abno. mally
large in the case of every class ex-
cent sheep. Receipts OF hogs were
about one third larger than the
ten-year average; cattle receipts
were only slightly larger, and re-
ceipts OF calves more lhon double
Sheep receipts on the other hand
we're less than two thirds OF nor.
mai. but she whole movement oil
sheep this TALL has been abnormally
low. Cattle and sheep showed sea
sonal declines and hogs a seasonal
increase between October and No
yember, but receipts of calves in
creased slightly between the two
months, although normally there Is
a seasonal decline. as compared
with last year, receipts OF calves
during November were one-tnlro
larger and cattle and hogs NTH
larger, but receipts OF sheep were
down slightly. ~
shIpnients =sedsr Stock
SHIPMENTS of feeder stock to the
country from. South st. Paul de-
clitied betweenNO and Novem
Der with the exception OF hogs which
increased one seventh. AS compared
with last year, shipments of feeder
calves this year were nearly five
times as large, shipments OF feeder
hogs were up two thirds and ship
fnents OF feeder cattle were W
slightly. Feeder sheep shipments
on the other hand we're smaller by
The prices at northwestern ter.
minal markets of the CHIEF products
OF the farm showed strong evidence
during November of the effect Of
pressure of Supplies or its lack. AL
Of the grains showed increases II
mediar prices and>aH OF the live
stock classes showed declines ex-
ceBt lambs.
All of the grains have shown good
rocoyeries in prices during the last
two months from the slump which
hogan In June of this year for al
grains other than corn and from the
slump in corn which eliminated II
the fall of 1921. The increase in the
median price of corn at Minneapolis
amounted to 81 cents, between, 0c-
tober and November. Corn at this
time is selling at the highest price
since November, 1920. Oats increas
ed IN cents and are selling at
higher figure than at any time since
January, 1921, owing to the RELIEF
from abnormal stocks in termtaaa
elevators. The increases for thf
other grains are fax IL cents, rye
sk cents wheat rs cents and bar
ley III cents.
Livestock prices at South st. Pau
on the other hand. were affected
by the abnormSlly large supply Nol
every kind except sheep. Yea
calves declined S1.25 in mediar
price between October and Noyem.
Der; butcher steers declined 35
cents and butcher cows declined 2S
cents, the last class selling within rs
cents of its lowest median which was
reached in January of this year
Hogs declined go cents In mediar
price and were selling 1t the lowest
steers declined rs cents, but lambs
Increased SO cents per cwt. between
The Two months. ..
irsces OF produce at wholesale in
Mime ag,olig Showed -.,oi-e tpr+s sas
than declines in staple commodities
during November. increases occur.
ring 10 butter. eESs, cheese, hens
and the majority o. green ycgeta
hls.:T Fi.ile Ccr"ei s.. ST onc,trru7 4,
the price OF po.atns and oranges
The pri:c Of the boar grade OF fiul,
IL MiE1eapolis his Increased some
What daring the last ffSe-n days In