The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1922-08-17
WHEAT MART DEPREST
European and Canadian News
Sends Wheat Still Lower.

u. 8. Bureau of Markets. Washington d. c..
for week ended August IA. 1922.
GRAIN:-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-
etrued as slightly bullish on beet and
bearish on coarse grains but strength
In wheat was only temporary. Chi
cago September wheat declined AZ
centss;s Chicago Sept. corn declined
BIS. 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 26,596,000 bushels compared
with 39,514,000 bushels last year. Corn
featureless and prices largely follow
ed wheat. Closing prices in Chicago
cash market; Number 2 Red winter
wheat $1.04; No. hard winter wheat
$1.05; No. mixed corn 60 cents: No.
2 yellow corn 81 cents; No. white
oats 81 cents. Average farm prices;
No. mixed corn in central Iowa about
rs cents; No. 1 dark Northern wheat
In central North Dakota 90 cents.
Closing future prices; Chicago Sept.
wheat $1.01k; Chicago Sept corn
571s; Minneapolis Sept. wheat $1.O5;
Kansas City Sept. wheat 93Ac; Win
nipeg October wheat $102H.
LIVESTOCK AND MEATS:-Net
changes in Chicago hog prices for
the week were rather slight. Medium
and light weights were practically I'M
changed while extreme heavies were
rs cents lower and some desirable
heavies about 10 cents higher than
week ago. Beefs steers were 10 to %
cents lower with better grades OF
butcher cows and heifers and lower
grades of beef sters generally 25c
lower. Feeding steers were firm to
10c higher and veal calves generally
50c higher pc r100 pounds. Fat and
feeding lambs were firm to 10c high
er, yearlings 10 to Csc higher and fat
ewes unchanged. On Aug. IA, hogs
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 more. Stock steers
sSpd veal calves were steady. Fat
lambs were firm to shade higher
with feeders slow. August, IA Chi
cago prices; Hogs top $10.35; bulk
$3.50 to 1925; medium and good beef
steers So to $40; butcher cows and
heifers $500 to 50; feeder steers $3.50
to 7.75; light and medium weight veal
calves $40 to lips; fat lambs $11.55
to s12.75; feeding lambs $11.5O to
$3.50; yearlings $3.50 to Sill; Fat
ewes $3.50 to 7.65. Stocker and feed
er shipments from II important mar
kets during the week ending August
were; Cattle and calves 63,5S9; Hogs
4,279; Sheep 44,224 Eastern whole
4,279; Sheep 44,224.
FEED-Millfeeds quiet, only scat
tered buying for immediate require
ments noted in most markets. Bran
weak. A few thousand tons of bran
Linseed meal demand light, market
weak.
DAIRY PRODUCTS:-But 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 351a;
Chicago 33. Chees markets barley
steady. Advances in Wisconsin mar
ket entirely supported by trading in
distributing markets which continued
to be on a conservative basis Prices
at Wisconsin primary cheese markers :.