The Delta independent., 1922-07-21
Market Report
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Washington, D. c.. July IA. 1922.
Grain: Price lower first two days
of week on favorable weather and
restricted export demand. but the un-
dertone during the remainder OF
week up to the IA was generally good.
Wet weather in southwest. rail strike
and apprehension OF rust damage to
spring wheat were main bullish in.
fluences. Chicago Sept. corn up &c
net only fraction change in Chicago
Sept. wheat On the 14th wheat
prices declined on favorable weather
and increased country offerings. Less
strength in cash market: export de-
mand only fair. Corn firm on streng-
tn in cash corn market. Exporters
after cash corn: country offerings
small early but Illinois and Iowa
sold more freely on upturn. Closing
prices in Chicago carsh market: No.
red winter wheat s1.17: No. 2 hard
winter wheat s1.19; No. 2 mixed corn
csc: No. yellow corn SEC; No. 3
white oats 3Sc. Average farm prices,
No. mixed corn in central Iowa SIC:
No hard winter wheat in central
Kansas. s1.O0. Closing future prices:
Chicago Sept. wheat s1.2O 7-s; Kansas
City September wheat $1.06A: Win
nipeg October wheat $11SA.
Hay: Receipts falling of particu-
larly off better grades. Prices
slightly firmer. Stock yards in Min.
neapolis heavy buyers of prairie and
market advanced soc per ton. Move
ment light. strike delaying shipping.
Quoted July IA: No. 1 timothy. Min
neapolis $19. Philadelphia s23. Allan
ia $3.50 Kansas City s14. Pitts
burgh s23 No. timothy $3.50
Minneapolis. $2O.5O Philadelphia. No.
clover Mixed $3.50 Philadelphia.
s24 Atlanta. $3.50 Pittsburgh. No.
alfalfa $3.50 Atlanta, SIG Kansas
City. No. / prairie $17 Minneapolis.
1880 Kansas City. No. prairie
SIG Minneapolis.
Feed: Demand for wheat feeds
better. High protein feeds in poor
request. jobbers showing little more
disposition to buy July and August
bran but unwilling to pay higher ask
ing prices. Country demand light.
Receipts and movement fair. Ofer-
ings and production most feeds good.
Quoted July IA: bran $1450 Mime
apolis. $22.25 Philadelphia. middiings
SIG Minneapolis: $23.75 Philadelphia.
-four middlings $22 Minneapolis. $29.-
so Philadelphia; gluten feed $2S.S5
Chicago; Sc per cent cottonseed meal
s4O.5O Memphis. SAL Atlanta: yellow
hominy feed s24 Chicago: linseed
meal $45 Chicago No. l alfalfa meal
$17.75 Kansas City.
| Dairy Products: Butter market
market firm most OF week: but easy
at the close: fancy grades have been
| in heaviest demand. Receipts con-
tinue heavy; storage stocks increas-
ing. Closing prices 80 score butter;
New York 37kc: Boston 37hc: Phil
adelphia 3Sc: Cheese prices slightly
lower on Wisconsin cheese board.
market easier. Movement into stor-
age continues as production is de-
creasing. Effect OF hot weather on
/ quality Is increasing. Prices at Wis
consin primary markets July IL;
twins 1910 daisies zoe double dais-
les 19Nc; young americas zoe; long
horns 2Ohc: square prints 2lc.
| soDOt Gottoh piiNV" aN''"
ed Is points during the week. New
York July futures down 25 points.
Spot cotton closed at 22.71c per lb.
New York July futures at $22.42c.
Live Stock and Meats: Chicago
hog prices dropped 20 to 30 during the
week. Beef steers prices advanced
15-45c: butcher cows and heifers from
l5.2Oc higher. veal calves 25c net
higher and feeder steers unchanged.
Fat lamb prices steady to 10c higher,
feeding lambs 50-65c higher; yearlings
steady and fat ewes 55c to $1.00 high
err per 100 lbs On July IA Chicago
hog market opened fairly active on
lights and light butchers, mostly ID.
25c lower, closed mostly Csc lower on
better grades OF lights and light but
chers, 3O-5Oc lower on others. Beef
steers mostly steady: butcher cows
and heIfers uneven; bulls steady cal.
yes steady to 25c lower. Fat sheep
and lambs strong to 25c higher. July
IA Chicago prices: Hogs. top. $10.S0;
bulk of sales $8.55-$10.65: medium
and good beef steers $s.4O-$10; butch.
or cows and heifers $40; feeder steers
Sc. .6b.7.75; light and medium weight
veal calves $s.25-$10; fat lambs Sl2.-