Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1922-08-11
PRICES PR Are on DECLINE:
Wheat !! Declines Still Further,
+: Pork Up.
U. s. Bureau of Markets, Washington. D. c.,
for week ended August z. 1922


for week ended August Z. 1922
GRA1N-Wheat price trend for week
was lower except on August when
trade sentiment changed temporarily
and prices advanced on short cover.
ings. Reaction occurred at close Of
week carrying prices to new lows for
season on all except September wheat.
Corn futures acted largely in sympathy
with wheat. On August generally
bearish sentiment and hedging pres
sure in anticipation of Government
crop report tomorrow carried prices
of wheat and corn off. Export bust
ness was quiet. Visible supply of
wheat 22,433,OOO bushels compared
with 34,567 900 last year; visible sup
ply of corn 13,653,00O bushels compar-
ed with 1859 900 last year. Closing
prices in Chicago cash market: No.
2 red winter wheat $1.09; No. hard
winter wheat $110; No. 2 mixed corn
63c; No. yellow. corn &c., No. 3
white oats 80 cents. Average farm
prices: No. mixed corn in central
Iowa about 49%c; No. hard winter
wheat in central Kansas 90c, No. l
dark northern wheat in Central North
Dakota $1.06. Closing future prices:
Chicago September wheat $1.05A;
Chicago Sept. corn e05bc; Minneap-
oils September wheat SLIP; Kansas
City September wheat $3.50.
LIVE STOCK AND MEATS-Com-
pared with week ago Chicago hog
prices showed net declines ranging
from Csc to $115 per 100 pounds.
Lower grades Of medium and heavy
hogs showing the greatest declines.
Beef steers were 10 to soc higher and
butcher COWS and heifers firm to zoe
higher. Veal calves 75c to 81 higher;
feeder steers 10 to 25c lower: fat
lambs Is to 35c lower Feeding lambs
weak to 10c lower Yearlings were
somewhat irregular bat averaged about
steady. Fat ewes were weak to Csc
higher. On August the Chicago hog
market closed dull with packing
grades IS to 40c lower and others gen.
orally SOC lower for the day. The cat
tie market was generally weak with
lower grades of beef steers and
butcher COWS generally 15c lower.
Stocker steers and veal calves steady,
native lambs from rs to soc lower;
feeding lambs and fat sheep generally
steady. Aug. z, Chicago prices: Hogs,
top, $40; bulk of sales $7.25 to $10.15;
medium and good beef steers $50 to
h,,f hot
to So; feeder steers $40 to $7.65;
light and medium weight veal calves
$3.50 to SLOTS; fat lambs $1l.50 to
Sizes; feeding lambs $11.40 to $3.50;
yearlings $S.25 to $1,000; fat ewes
$3.50 to $7.65. Stocker and feeder
shipments from IL important markets
during the week ending July % were:
Cattle and calves 66,9S3; hogs 1852;
sheep 46,100. Eastern wholesale fresh
meat prices were firm and generally
higher for the week; veal, lamb, NUT
ton and pork loins were 81 to 81
higher. Beef ranged from firm to 81
higher. On August better grades of
beef were soc to 81 higher at most
eastern wholesale markets; veal
ranged from steady at same markets
to 81 higher at others. Better grades
of lamb 81 higher with lower grades
about steady; mutton was steady at
some markets and 81 higher at others;
pork loins 81 to 81 higher at New
York and firm to 81 elsewhere. Aug.
18th prices good grade meats: Beef
S14 to $17; veal SIS to $17; lamb $24
to $26; mutton SIS to ST.; light pork
loins $21 to $26; heavy loins $14 to
$40.