The Hope pioneer., 1922-11-16
. wheat TAKES SLUMP
Market Has Shown a Slow HoIi-
day Tone.

q. 8. Bureau of Markets. Washington, D, c..
Off week ended Nov. 10, 1922.
GRAIN: Market was strong during
part of week on bullish private crop
reports but uncertainty prevailed later
and the close was irregular. Chicago
December wheat lost 1850; Chicago
December corn up &c. Wheat aver.
aged lower on the 9th on decline in
Liverpool and absence of important
support but short covering checked
break. Later buying of Chicago De.
cember and selling of May by seaboard
caused firm close. Country offerings
not large; cash demand fair; export.
=. ers in market for durums. Government
crop report showed larger corn crop
than expected and prices declined.
Closing prices in Chicago cash mar.
ket: No. red winter wheat $1.25; No
hard winter wheat $1.1S; No. mixed
corn 71c; No. 2 yellow corn 72c; No.
3 white oats 43c. Average farm prices:
NO. z mixed corn in central Iowa SIC;
No. hard winter in central Kansas
81; No. dark northern wheat in cen.
trail North Dakota CSC. Closing future
prices: Chicago December wheat
$1.15h: Chicago Dec. corn 69Ac;
Minneapolis December wheat $1.14A:
Kansas City Dec. wheat $1.O7H. Win.
nipeg Dec. wheat 99%c.
DAIRY PRODUCTS: Butter mar
kets reacted following long period Of
firmness anG steady advances and
were barely steady to weak at the
close on the 9th. Movement slower and
some price concessions have been
made. Consumptive demand decreasing
at prevailing high prices. Closing
prices, 80 score: New York 491a; Chi
cago 4S1ac. Cheese markets barely
steady following Mondays declines on
Wisconsin cheese boards. Movement
continues slow; heavy accumulations
reported at country points. Buying and
selling limited. Prices at Wisconsin
primary cheese markets Nov. 9th:
Twins 24c; Daisies 24Ac; Double Dai
sizes 23Ac; Longhorns 24kc; Square
Prints Csc.
LIVESTOCK AND MEATS: Com.
pared with week ago, the trend Of
hog prices at Chicago was slightly up.
ward. Cattle and sheep prices also
improved somewhat. Beef steers steady
to Csc higher, butcher cows and heif.
ers steady to SOC and veal calves rs to
75c up. Feeder steers were weak to
25c lower for the week. Fat lambs
ranged from Csc lower to 81 higher;
feeding lambs Is to Csc, and yearlings
SO to 75c higher. Tat ewes were
steady to Csc up per 100 lbs. On Nov.
9Th hogs were generally steady, light
hogs about SC lower. Cattle market
fairly active, generally steady to
strong on all classes, spots higher on
desirable short fed steers and butcher
heifers. Fat lambs Csc higher, sheep
fully steady. Nov. 9th Chicago prices
Hogs, top, $S.65; bulk of sales $50.
8.65; medium and good beef steers
$7.1O-11.75; butcher cows and heifers
$3.5O-1O.50; feeder steers $5-775; light
and medium weight veal calves $3.50
1915; fat lambs $13.25-15; feeding
lambs $12.25-14; yearlings $s.75-13.25;
fat ewes $4.50-S. Stocker and feeder
shipments from 12 important markets
during the week ending Nov. amount.
ed to: 1855 cattle; 1854 hogs; and
213,643 sheep. In eastern wholesale
fresh meat markets prices continued
their downward trend for the week
Veal weak to 81, lambs and mutton
weak to So and veal weak to SO lower
while light pork loins ranged from 81
to SIS down and heavy loins were gen
orally 81 lower. On Nov. 9th steer
beef ranged from weak at some mar
kets to 81 higher at others: veal 81
to 81 lower at Philadelphia. Barely
steady at other markets; lamb uneven
ly 81 to SO higher at New York, weak
elsewhere; mutton weak to 81 lower
at Philadelphia; weak at Boston and
steady at New York; pork generally
81 to 81 lower. Nov. 9th prices good
grade meats: Beef $14-18; veal $14-16;
lamb $22-24; mutton $12-15; light pork
loins 1924; heavy loins $16-21.