The Miller press. [volume] (Miller, S.D.) 190?-current, 1922-12-07
BEAR PRICES WIPED OUT
Steady Selling of May Wheat
Causes Decline.
u. S. Bureau of Markets. Washington. ID. c..
for week ended Dec. l. 1922.

u. S. Bureau Of Markets. Washington. d. c.,
for week ended Dec. /. 1922.
| GRAIN: Grain prices unsettled dur
ing the week and closed fractionallJ
| changed from a week ago. Good cash
demand. big export business and bull
ish Argentine new caused buying, and
weakness stock market and liquida-
ton caused selling. Market unsettled
but firm within narrow range on the
first, but increased pressure toward
close resulted In fr~actionally lower
close. Australian crop officially esti,
mated los million bushels, indicating
trade mixed with narrow price range.
Cash corr market closed weaker. Clos
ing prices in Chicago cash market: No.
2 red winter wheat S1.32; No. 2 hard
winter wheat $1.22; No. 2 mixed corn
73c; No. z yellow corn 74c; No. 3
white oats 45c. Average farm prices:
No. 2 mixed corr IL central Iowa Gle;
No. / dark northern wheat In central
North Dakota $1.01: No. 2 hard winter
wheat in central Kansas 81. Closing
future prices: Chicago May wheat
Sligo; Chicago May corn 7012c;
Minneapolis May wheat $1.15B; Kan
sas City May wheat sl.0S; Winnipeg
May wheat S1.07B.
DAIRY PRODUCTS: Butter mar
kets steady. Supplies light, demand
good, but .rumors of possible imports
partly responsible for unsettled feel
ing especially at N. Y. where prices
declined kc today, the first declines
to be registered since the markets be-
gan upward tendency in August. Small
shipments of foreign butter already re
ceived. Storage butter moving well;
fresh production showing decrease.
Closing price so score butter: N. Y.
53; Chicago 54h. Cheese markets
lowing sharp advances averaging
about 1kc on Wisconsin cheese boards
Monday. These advances are support.
ed to some extent by decreasing pro
duction and a fairly good demand even
at the nigh prices. Cheese prices at
Wisconsin primary markets Nov. 29th:
Twins 262c; Daisies 27Ac; Double
Daisies &c; Longhorns 26%c; Square
Prints 27hc.
LIVESTOCK AND MEATS: Prao-
tically all classes Of livestock at Chi
cago showed gains during the week.
Hogs advanced from As to Coo: year
ling steers and feeder were steady TO
25c higher; butcher ows and heifers
steady to 10c higher; veal calves rang
ed from soc to $1.2s higher for the
week. Fat lambs showed gains O.
from rs to S5c: Yeariings Csc to $1.80;
feeders were steady with ewes 25c
lower. On December LIST hogs closed
dull, losing early gain Of 10 TO 15e
over Wednesdays average. Beer
steers. saockers ard feeders cleseG
uneven about steady; butcher COWS
and heifers steady to Csc lower witt
tanners and cutters showing most de.
cline and bulls steady to weak. Fat
lambs were strong to 15c higher, feed.
ers closed strong to Csc higher
sheep fully steady. Dec. LIST Chicago
prices: Hogs, top, $S.55; bulk Of sales
SS.15-S.45; medium and good beet
steers $7.25-13.50; butcher cows an
heifers S3~.60-10.75: feeder steers IS. 2r
7.75; light and medium weight yeaI
calves $~S.509.50; Tat lambs $12.25
1850; feeding lambs 12.25-142 5:
yearlings S9.5013.50; fat ewes $3.50
us. Stocker and feeder statements
from IL important markets during the
week ending November gath were
Cattle and calves 138.489; hogs 2 1874: !
sheep 135,098. In eastern wholesale
fresh meat markets good beef was
steady while medium grades were
steady to 50 higher. Veal was stead,
to 81 higher; lamb So lower on better
grades with others about steady; nut
ton ranged from 81 lower to 81 higher
on better grades with medium grader
steady, while pork was steady to 81
lower. December LIST prices good
grade meats: Beef SALT; veal s1s
II; lamb $23-27: mutton SLIT: lght
pork loins 1870; heavy loins slsls
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