The Miller press. [volume] (Miller, S.D.) 190?-current, 1922-11-16
WHEAT TAKES SLUMP
Market has Shown a Slow Holi-
Gay Tone.

oH Wesh enoeu NOV ~, lSSZ.
GRAIN: Market was strong during
part of week on bullish private crop
reports but uncertainty prevailed later
and the close was irregular. Chicago
December wheat lost 1$c: Chicago
December corn up &c. Wheat aver
aged lower on the 9th on decline in
Liverpool and absence of important
support but short covering checked
break. Later buying of Chicago De-
cember and selling of May by seaboard
caused firm close. Country offerings
not large; cash demand fair; export
ers in market for durums. Government
crop report showed larger corr crop
than expected and prices declined.
Closing prices in Chicago cash mar.
ket: No. 2 red winter wheat Sl.25: No.
2 hard winter wheat $1.18; No. 2 mixed
corn Tic: No. Q yellow corn 72c; No.
3 white oats 43c. Average farm prices.
NO. z mixed corn in central Iowa SIC;
NO. z hard Winter in central Kansas
81; No. l dark northern wheat in cen.
tral North Dakota CSC. Closing future
prices: Chicago December wheat
S1.15B; Chicago Dec. corn 69kc:
Minneapolis December wheat S1.l4A:
Kansas City Dec. wheat $1.O7A. Win.
nipeg Dec. wheat $3.50.
DAIRY PRODUCTS: Butter mar.
kets reacted following long period of
hrmness and steady advances and
were barely steady to weak at the
close on the 9th. Movement slower and
some price concessions have been
made. Consumpttve demand decreasing
at prevailing high prices. Closing
prices, ~ score: New York 49,; Chi.
cage 4SKc. Cheese markets barely
steady following Mondays declines on
Wisconsin cheese boards. Movement
continues slow; heavy accommodations
reported at country points. Buying and
selling limited. Prices at Wisconsin
primary cheese markets Nov. 9th:
twins 24c; Daisies 24Ac; Double Dali.
sizes 23Ac; Longhorns 24hc; Square
Prints Csc.
LIVESTOCK AND MEATS: Com.
pared with a week ago., the trend of
hog prices at Chicago was slightly up
ward. Cattle and sheep prices also
improved somewhat. Beef steers steady
to Zoe higher, butcher COWS and heif.
ers steady to soc and veal calves % TO
15c up. Feeder steers were weak 70
Zoe lower for the week. Fat lambs
ranged from Csc lower to 81 higher:
FEEDING lambs Is to 25c, and yearlings
bO to 75c higher. Fat ewes were
steady to Csc UP per 100 lbs. On Nov.
9TH hogs were generally steady. light
hogs about sc lower. Cattle market
fairly active, generally steady TO
strong on all classes, spots higher on
desirable short fed steers and butcher
heifers. Fat lambs Csc higher, sheep
FULLY steady. Nov. 9th Chicago prices:
Hogs. top, 1855; bulk of sales $50
300; medium and good beef steers
$7.l01l.75; butcher cows and heifers
s~3.5ol0.50; feeder steers $5-7.75; light
and medium weight veal calves IS. so.
1915; fat lambs $13.25-l5; feeding
lambs ~$l2.25-14; yearlihgs s~s.75-13.25;
lat ewes $4.50-8. Stocker and feeder
shipments from IL important markets
during the week ending Nov. 3 amount.
ed to: 1855 cattle; 1854 hogs: and
2lS.643 sheep. In eastern wholesale
fresh meat markets prices continued
their downward trend for the week.
Veal weak to 81. lambs and mutton
weak to 81 and veal weak to So lower
while light pork loins ranged from So
to IS down and heavy loins were gen.
orally IL lower. On Nov. 9th steer
beef ranged from weak at some mar.
kets to 81 higher at others; veal 81
to " lower at Philadelphia. Barely
steady at other markets; lamb uneven
ly VI to So higher at New York, weak
elsewhere; mutton weak to 81 lower
at Philadelphia; weak at Boston and
steady at New York; pork generally
IL to 81 lower. Nov. 9th prices good
grade meats: Beef s14-1S; veal $I4-16:
lamb 1924; mutton $l2-15: light pork
loins 1884: heavy loins 1921.