The Hope pioneer., 1922-08-03
CASH OFFERS SCAkUe
Cattle and Hog Prices Remain
About the Same.
U. S. Bureau of Markets. Washington, D. c.
for week ended July %. 1929.

for week ended July %. 1929.
GRAIN: Wheat prices during first
half of week experienced losses be-
cause of favorable crop and weather
conditions and hedging pressure. A
large export demand for wheat devel
oped on the 25th and exporters stayed
in market and continued to buy on
all breaks until close of week. The
market sentiment however was bear.
tsh despite export sales. The week
closed with losses in wheat ranging
from one cent to more than two cents
in the various markets. Cash corn
was in strong demand but prices fluc-
tuated largely in sympathy with wheat.
On the 28th wheat market advanced
sharply due to strong cash demand
and continued export business but
prices lost most of gain sunder hedg.
ing pressure and liquidation through
commission houses Corn was strong
but fluctuated with wheat. Closing
prices in Chicago cash market: No. 2
red winter wheat $1.10; No. 2 hard
winter wheat $1.15; No. 2 mixed corn
66c; No. yellow corn 66c; No. 8
white CSC. Average farm prices: No. 2
mixed corn in central Iowa 52h; No.
2 hard winter wheat in central Kan.
sas 90c; No. / dark Northern wheat
ing future prices: Chicago September
wheat $1.0Sas; Chicago September
corn 63%; Minneapolis September
wheat $1.14M; Winnipeg October
wheat s1.14A; Kansas City September
wheat $1.00h.
LIVESTOCK AND MEATS: Chicago
hog prices ranged Is to SOC lower than
a week ago, heavy hogs losing most.
Cattle prices were not materially
changed, beef steers 10 to 15c lower;
heifers steady, cows steady to 10c
higher, fat lambs steady to 15c lower:
feeding lambs down SOC net. Yearlings
were 15c to $1.25 lower for the week.
40c lower to Csc higher while fat ewes
On July 2Sth at Chicago hogs opened
Is to Csc higher Closed firm on light
hogs and 10 to 15c higher on others.
Beef steers strong, butcher cows and
heifers and stockers steady; bulls dull
unevenly lower; calves around Csc
lower. Lambs strong to higher, consid-
ering quality, sheep very scarce. July
28th, Chicago prices: Hogs top $1,000;
bulk of sales $S.25 to $1O5O. medium
and good beef steers $3.50 to $9.S5;
butcher COWS and heifers 81 to $s.S5;
feeder steers $6.65 to SITS; light and
medium weight veal calves $3.50 to
$1O.25; fat lambs $12 to $13. Feeding
lambs $1150 to $3.50; yearlings $3.50
to $1O85; fat ewes SO to $3.50. Stock.
er and feeder shipments from IL i'm.
portant markets during the week end
ing July 21st were: Cattle and calves
47,627; hogs. $40; sheep 34,919. All
F.. classes of fresh meats in eastern
wholesale markets showed declines for
4 the week. Beef declined SOC to ST.; veal
So to s4; lamb 50 to So; and mutton
| So to SIS down; light pork lcins were
weak to 81 lower and heavy loins 81
to 50 down per 100 lbs. On July 2Sth
lamb, mutton and pork loins weak to
81 lower; veal, weak and beef weak to
50 lower per 100 lbs. July 2Sth prices
good grade meats: Beef s14 to SIS so;
veal $13 to S14; lamb 500 to $25; NUT.
ton s13 to SIS; light pork loins $40 to
$23; heavy loins $12 to $1S.
DAIRY PRODUCTS: Butter mar
! kets unsettled during the week. Pric-
es have been fuctuating from day to
day. Heavy receipts and storage stocks
are the weakening factor. Closing
prices, go score butter: Chicago 331@c.
| Cheese markets show weaker trend
with trading on lower basis in line
with lower cost at country points De.
mand still relatively light.