Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1922-08-18
WHEAT MART DEPREST
European and Canadian News
Sends Wheat Still Lower.

o. D. bureau Of Markets. Washington, D. c.,
1or week ended August Ia, 1922.
1nAlN:-Grain prices continued
their downward course more because
OF lack OF speculative buying than be-
cause OF selling pressure. There was
evening up for government crop re-
port early in week. Report was con-
strued as slightly bullish on beet and
bearlsh on coarse grains but strength
In wheat was only temporary. Chi
cago September wheat declined Az
centss;s Chicago Sept corn declined
S%. On August IA, II grains broke
sharply and wheat and oats sold at
new low points for season. Restricted
export demand and pronounced lack
Of speculative buying support were
mainly depressing influences. Rail
strike and talk of smaller grain move
ment ignored. Visible supply Of
wheat 26,596,00 bushels compared
with 39,514,000 bushels last year. Corn
featureless and prices largely follow
ed wheat. Closing prices in Chicago
cash marketS Number Red winter
wheat $1.04; No. 2 hard winter wheat
$1.05; No. 2 mixed corn go cents; No.
2 yellow corn 81 cents; No. 3 white
oats 81 cents Average farm prices:
No. mixed corn in central Iowa about
48 cents; No. 1 dark Northern wheat
in central North Dakota 80 cents.
Closing future prices; Chicago Sept.
wheat $1.01h; Chicago Sept. corn
57k; Minneapolis Sept. wheat $1.05;
Kansas City Sept. wheat $3.50; Win
nipeg October wheat $1.02H.
LIVESTOCK AND MEATS:-Net
changes in Chicago hog prices for
the week were rather slight Medium
and light weights were practically un
changed while extreme heavies were
Is cents lower and some desirable
heavies about 10 cents higher than
week ago. Beefs steers were 10 to Is
cents lower with better grades of
butcher COWS and heifers and lower
grades of teef sters generally Csc
lower. Feeding steers were firm to
10c higher and veal calves generally
SOC higher pc ROO pounds. Fat and
feeding lambs were firm to 10c high
er, yearlings 10 to Csc higher and fat
C"C0 uASAdASSu cA Aug. IL, Jugs
opened 10 to 15c higher than Satur-
days average, better grades closing
steady at the advance. Better grades
OF beef steers and butcher COWS and
heifers were strong to 10 cents high
er with spots up mere: Stock steers
and veal calves were steady. Fat
lambs were firm to a shade higher,
with feeders slow. August Il Chi:
cago prices; Hogs top $1035; bulk
$3.50 to 1925; medium and good beef
steers So to $40; butcher COWS and
heifers $3.50 to So; feeder steers $3.50
to 7.75; light and medium weight veal
calves $40 to 1925; fat lambs $11.55
to $12.75; feeding lambs $11.5O to
$3.50; yearlings $3.50 to $11; Fat
ewes $3.50 to 7.65. Stocker and feed
er shipments from IL important mar
kets during the week ending August
were; Cattle and calves 1859; Hos
1929; Sheep 44,224. Eastern wtdnfe-
1929; Sheep 1924.
FEED-Millfeeds quie.~611x .cat.-
tered buying + ,nmediate reonira.-
mems noter IN Saost markets. Bran,
v~eaSarA few thousand tons of bran;
4p6eed meal demand light, market
weak.
!, DAIRY PRODUCTs:-Butter mar
kets firmer than a week ago. Receipts
heavy but active trading at lower
prices prevailing has helped avoid &C.
cumulations. Production showing
some signs of decrease. .>>
Closing prices 80 score butter; New
York 34k; Phila. 35; Boston 1914 ;;
Chicago 80. Chees markets barley
steady. Advances in Wisconsin mar
ket entirely supported by trading in
distributing markets which continued
to be on conservative basis. Prices
at Wisconsin primary cheese markets; :.
Aug. 18th Twins 1874; Daisies ,181hc;
double Daisies 18c; Young Americas
19c; Longhorns 1910; Square prints
Fl. ..
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