The Miller press. [volume] (Miller, S.D.) 190?-current, 1922-03-02
GRAIN PRICES HIGHER
Stock Market Follows Upward
Move Along With Grain.

VI ~ DNANN-
for week ended Feb. 20. 1922.
GRAIN-All grains strong and sold
at new high prices on crop. Principal
markets factors were: Strong foreign
markets. improved milling, -four and
export demand, and Increased outside
interest. Strength continued at the
close. Visible supply wheat 42,O92, 900
bushels, a decrease of $4,000 bushels
for week. Visible supply corn 1924
0G0 bushels, an increase of 2~,l52,o00
bushels for week. Closing prices in
Chicago cash market: No. 2 red win
ter wheat Slab; No. 2 hard winter
wheat $1.41; No. 2 mixed corn 5Sc;
No. 2 yellow corn 5Sc; No. 3 white
oats sec. Average farm prices: No.
2 mixed corr in central Iowa 45c; No.
/ dark northern wheat in central
North Dakota S1.35; No. 2 hard win
ter wheat in central Kansas $1.23.
For the week Chicago May wheat up
&c, closing at $1.46B; Chicago May
corn up "a at 6SHc; Minneapolis
May wheat up IN at S1.4S; Kansas
City May wheat up &c at $1.33A; Win
nipeg May wheat up 11Ac at $1.44R.
VEGETABLES-Most potato mar
kets steady. Northern stock steady
in Chicago at $1.70-2 firm. Growers
receiving 9Oc-s1 for Rurals in Colo
RADIO and Idaho.
HAY-Market conditions and prices
practically unchanged. Receipts and
notices Of country loading generally
light. Some improvement in local de-
mand in a few markets but general
demand unimproved. Inquiries from
southern consuming sections light.
Quoted Feb. 18th: No. l timothy Min
~neapolis $3.50, Kansas City not
quoted, Atlanta $26, Jacksonville
$26.5O. No. 1 prairie Minneapolis
$3.50, Chicago SIG.
FEED-Wheat feeds show easier
tendency with mills eagerly offering
March and April shipment feed. Ware.
house stocks continued good. De-
mand confined largely to prompt ship.
ment. Stocks cottonseed cake and
meal on hand at mills about 10000
tons larger than last year but price
advanced in sympathy with other feed
prices. Hominy feed and gluten feed
firm, production and demand good.
Linseed meal strong on withdrawal of
offerings by mills. Supplies of most
feeds in dealers hands ample to meet
requirements. High prices are re-
stricting sales and many dealers are
quoting at below replacement values.
The movement is good. Quoted Feb.
18th: Bran $25. middlings $751; d, rye
middlings $21, Minneapolis; white
hominy feed S22.50, gluten feed S32.15
Chicago; 800 ]cottonseed meal $37
Memphis; best pulp $27 Cincinnati;
No. l alfalfa meal SIT Kansas City;
linseed meal s4S Minneapolis, $51 Buff
falo.
LIVESTOCK AND MEATS-Chi.
cage hog prices advanced As to 55c.
Better grades of beef steers un-
changed; the cheaper grades ranged
15-25c higher. Best fat cows and
heifers steady; other grades weak to
zoe lower. Feeder steers firm to zoe
higher, veal calves unchanged. Fat
lambs UP 75c-$1.35, a new top for the
season Of $500 being established.
Yearlings advanced 5e-75c; fat ewes
25-50c. Feeding lambs were I'M
changed. Feb. Goth Chicago prices:
Hogs, top, S10.6o; bulk of sales So
1880; medium and good beef steers
$7.25-9.15; butcher cows and heifers
$3.90-7.75; feeder steers $5.35-7.25;
light and medium weight veal calves
$7-11; fat lambs $13.5O-16.10; fee ding
lambs $11.50-13.5O; yearlings $1,000
IA; fat ewes $5.5O-S.75.
Stocker and feeder shipments from
IL important markets during the
week ending Feb. 10th were: Cattle
and calves 55.S2S; hogs 12,549; sheep
32,055.