The Miller press. [volume] (Miller, S.D.) 190?-current, 1922-08-24
MARKETS STILL WEAK
Foreign Demands are Improved
Dairy Products Advance.

W "Sch eHuSu august o loSis
GRAIN-Grain prices lower for
week on restricted foreign demand.
Buying support was lacking. Liver
pool market also weak. Only firm
ness shown Aug. 16 and II when for
eign demand was somewhat improved
and hedges were removed against
sales to seaboard. Premiums for
cash grains also were lowered. Chi
cago Sept. wheat 4c lower; Chicago
Sept. corn 1Ac higher. On Aug. Is,
grain prices on down grade from
start. Bulge last two days reduced
short interest and this weakness
in coarse grains led to general selling
and decline. Corn led decline today
and support lacking on way down.
Country offerings old corn fairly large
early but dropped off when market
broke. Closing prices in Chicago cash
market; No. 2 red winter wheat $1.03:
No, 2 hard winter wheat $1.04; No. 2
mixed corn &c; No. 2 yellow corn
CSC; No. 3 white oats 32c. Average
farm prices: No. 2 mixed corn in
central Iowa 49Ac; No. 2 hard win
ter wheat in central Kansas S5c; No,
l dark Northern wheat in central
North Dakota CSC. Closing future
prices: Chicago Sept. wheat $1.00%
Chicago Sept. corn $3.50; Minneap-
oils Sept. wheat $1.04; Kansas City
Sept. wheat 94c; Winnipeg October
wheat $1.02.
DAIRY PRODUCTS-Butter mar.
kets firm with price tendency upward.
Receipts lighter and the markets fur.
Their strengthened because of limited
supply of fancy goods due to the eff
feet of hot weather on quality. Some
export inquiry and a little business
reported. Closing prices, so score
butter: Chicago 34kc. Cheese mar.
kets steady following slight declines
at Wisconsin early in week. Business
increased but at the close the actual
movement Of goods has slowed up con-
siderable and trading is limited to a
few styles. Prices at Wisconsin
primary cheese markets Aug. II;
Daisies 1870; Young America 19c;
Longhorns 19Ac; Square prints 21Ac.
LIVESTOCK AND MEATS-Chica.
go hog prices showed net declines
ranging from Is to Coo per 100 lbs. for
the week, light hogs declining most.
Beef steers were 10 to 15c higher and
butcher cows and heifers firm to Csc
higher; feeder steers were steady while
light and medium weight veal calves
advanced 81 to 1.50. Fat lambs and
ye~arlings we're 35 to soc higher, feed.
ing lambs steady to Csc lower and
fat ewes unchanged. On Aug. Is light
hogs were fairly active at steady
prices compared with Thursdays
average, other grades slow and Is to
Csc lower. Beef sters and butcher
cows and heifers generally steady.
Veal calves weak to lower. Fat lambs
steady to l5c higher with feeding
lambs and sheep steady. Aug. Is,
Chicago prices: Hogs top 1855; bulk
of sales $3.50 to 9.55; medium and
good beef steers $50 to 1850; butch
er cows and heifers $3.50 to 9.25;
feeder steers $5.4C to 7.75; light and
medium weight veal calves $11 to
1875; fat lambs $12 to 10; feeding
lambs $11.50 to 1850; yearlings $S.75
to IL; fat ewes $3.50 to 7.65. Stocker
and feeders shipments from IL i'm
portant markets during the week end
ing August IL, were: Cattle and
calves S4.395: hogs 3.27S; sheep 54,-
$50. Eastern wholesale fresh meat
prices were generally higher for the
week. Beef ranged from SOC to 81
higher, mutton from 81 to So higher
and fresh pork loins from 81 to $3.50
higher; veal advanced generally 81
while lamb was firm to 81 up per 100
lbs. On Aug is better grades Of beef
ranged from weak to 81 lower while
common grades declined generally 81
compared with Thursdays average