The Hope pioneer., 1922-12-21
HOG PRICES DROP Low
BulIish Sentiment Prevailed in
Wheat During Week.

\ for week ended Dec is. 1922.
LIVESTOCK AND MEATS: Chi.
cago hog prices registered declines
ranging from 10-20c for the week. Cat.
tie prices are generally lower; beet
steers ranging from weak to 35c.
Butcher COWS and heifers weak to Csc;
feeder steers generally 15c, and veal
calves steady to 30c down. Fat lambs
were 10-25c higher, feeding lambs gen.
orally Csc higher, while yearlings were
steady to Csc lower and fat ewes un.
changed. On December 14th hogs
were 15c lower than Wednesdays aver
age. Beef steers and butcher cows and
heifers weak to unevenly lower, other
classes slow, steady to weak. Choice
fat lambs steady, in between grades
weak to 15c lower; sheep around
steady. December 14th Chicago prices:
hogs, top, $8.15; bulk of sales $7.S5.
$40; medium and good beef steers
$7.50-11.75; butcher COWS and heifers
$3.35.1O.75: feeder steers s5.35-S; light
and medium weight veal calves $780,
10: fat lambs $13.25-15.60; feeding
lambs $12.75-15; yearlings s9.25.13.25;
fat ewes $4.75-7.75. Stocker and feeder
Shipments from IL important markets
for the week ending December Sth
were: Cattle and calves 92,229; hogs
1899: sheep e6,79s. In eastern whole
sale fresh meat markets beef ranged
from firm to SOC higher: veal firm tt
81 higher; lamb weak to 81 lower:
mutton firm to 50 higher; light pork
loins 81 to 81 lower and heavy loins
81 lower to SOC higher for the week.
Dec. 14th prices good grade meats:
Beef $14.50-17; veal $14-19; lamb $23.
81; mutton s11-17; light pork loins
$15.17; heavy loins $12.50-15.
GRAIN: Bullish sentiment prevailed
in wheat market during the week and
close was sharply higher Principal fac.
tors were: Bullish Argentine news;
Presidents message to Congress: for.
eign credit bill and Barnes speech be.
fore Illinois Chamber of Commerce
Chicago May wheat advanced TIC;
Chicago May corn advanced 4hc. On
the 14th profit taking continued but
breaks did not extend far and close
was fractionally higher. Good support
on all breaks but buying on bulges
less aggressive and many looking fol
reaction after sharp upturn recently
Closing prices in Chicago cash mar
ket: No. 2 red winter wheat $1.37; No
2 hard winter wheat 1927; No. 2 mixed
corn TIC; No. yellow corn 77c; No.
white oats 46c. Average farm prices
No. 2 mixed corn in central Iowa
63Ac; No. dark northern wheat in
central North Dakota $1.07; No. 2
hard winter wheat in central Kansas
$1.05. Closing future prices: Chicago
May wheat $1.23H; Chicago May corr
74b: Minneapolis May wheat s1.22N
Kansas City May wheat s1.14A; Win
nipeg May wheat s1.10a.
DAIRY PRODUCTS: Butter mar
kets barely steady. Prices at Chicago
have declined account accumulation re
sulting from high prices. Eastern mar
lsets ruled steady during week. Some
foreign imports coming in, but guam
titles not large. Closing prices, 81
score butter: New York 54kc; Chi
cago 521sc. Cheese markets firm but
trading is slow, partly due to usual
seasonal dullness. Wisconsin produc
tion holding up well, but cold weather
is hampering shipments. Movement Of
goods from storage light. Dealers view
general situation with confidence
Cheese prices at Wisconsin primary
markets, Dec. 18th: Daisies 27c; Dou
BILE Daisies 27c: Longhorns 27Ac:
Square Prints 27zsc; Young Ameri
.cas 27Ac.