The Miller press. [volume] (Miller, S.D.) 190?-current, 1922-07-27
HEAVY HEDGING IN PIT
Rail Situation Keeps Trade In Air
Export Trade Good.
U. 5. Bureau of Markets, Washington. ID. c.,
for week ended July 81. 1922.

U. 5. Bureau of Markets. Washington, d. c..
for week ended July Fl. 1922.
GRAIN: During the week the trend
OF market has been lower. Principal
bearish factors were optimistic view
on rail strike situation and hedging
pressure. Chicago September wheat
2$c lower, Chicago September corr
sc lower. On the 2lst wheat market
was stronger early because OF large
overnight export sales from Chicago
market and more serious outlook in
rail situation. A sharp break at the
close was attributed TO heavy selling
by eastern houses with foreign con
nections which ran into stop loss or
ders and resulted in net losses for
the day. Corn kept narrow limits and
closed lower with wheat. Closing pric
IS in Chicago cash market: No. 2 red
winter wheat $1.1l1a; No. 2 hard win
ter wheat, $l.13% No. 2 mixed corn
63Ac: No. 2 yellow corn 63&c; No. 3
white oats CSC. Average farm prices
No. 2 mixed corn in central Iowa
SIC; No. 2 hard winter wheat in cen
trail Kansas $105; No. l dark northern
wheat in central North Dakota 1922
Closing future prices Chicago Septem
Der wheat $1.10%; Chicago Sept. corn
SAC; Minneapolis September wheat
$1.15B; Kansas City Sept. wheat
SLOPES Winnipeg October wheat sl.16.
LIVE STOCK AND MEAT: Chicago
hog prices ranged 20 TO 35c higher on
lighter weights but dropped 10 to 15c
on heavies, from prices Of a week ago.
Practically all classes of cattle lower,
medium to good beef steers weak to
soc, heifers Is to 35c and veal calves
% to soc down; feeder steers un.
changed while good beef steers were
steady to 10c up and butcher cows
loo lower to 15c higher. Sheep and
lamb prices also showed declines. feed.
ing lambs steady to 25c; fat ewes so
to 75c fat lambs S5c an yedarlings 75c
net lower. On July q Chicago hog
prices we're Is to Csc higher; cattle
prices practically unchanged with
lambs slow, weak to 25c lower and
sheep slow to lower. July 81 Chicago
prices: Hogs, top, $11; bulks Of sales
$40 to SO 90; medium and good beef
steers 81. 1910; Butcher cows and
heifers $3.90-S.S5; feeder steers $5.6!.
7.75; light ard medium weight yea,
calves $3.50; fat lambs $12-13.15;
feeding lambs S12-13; yearlings sS.25.
ll.25: fat ewes $4.25-7.65. Stocker and
feeder shipments from IL important
markets during the week ending July
IA were: Cattle and calves 55,S43;
hogs 4,646; sheep 40.339. With the ex.
ception of fresh pork toins which were
uneven, ranging from 81 lower 20 81
meats in eastern wholesale markets
were downward. Beef soc to 81; lower,
veal generally 81. mutton weak to 81,
and lambs 81 to SO down per 100 lbs
On July 81 beef weak to soc lower;
veal weak to 81, lambs and light pork
loins 81 to So down while mutton and
heavy pork loins remained practically
steady. Jrlv q prices good grade
meats: Beef s14.50 to SIS 80; veal s15
IS: lamb S22.27: mntton s15-20: light
pork loins s2O-22; heavy loins $500
DAIRY PRODUCTS. Butter mar
ket weak and lower this week. Sup
plies of all grades esneciaily the low
er grades are plentiful. Closing prices
% score butter New York 36 cents
Boston 36kc, Philadelphia 36Rc, Chi
cago 3Ac. Cheese market " to IL
lower this week at primary markets
in Wiscon sin and trading more active
al the lower prices. Prices at Wis
constr primary cheese markets July
10. Flats 1aA: Twins 1871, Daisie:
~: Do"ble Daisies 1871; Youns
Americas 1874: Longhorns l9A;
Sqrare Prints zoe.