The Hope pioneer., 1922-06-22
GRAIN PRICES LOWER
Hogs Closed Few Cents off For
Week-Beef Stronger.
U. S. Bureau of Markets. Washington. D. c.,
for week ended June l6. 1922.

AOA WSSh e41OeO JuAc 4Os 4oGSs
GRAIN Prices unsettled and
closed lower for week; Chicago July
wheat down four cents net; Chicago
July corn unchanged. Sentiment
mixed and largely bearish. Highest
prices made first Of week on short
covering and there was firm under.
tone on 14th on bullish crop news. De.
clines mainly on liquidation. Weak
ness in stock market was factor on
18th. Minneapolis July wheat down
412c for week; Kansas City July
wheat down SIC, Winnipeg July
wheat down 21ac. Market unsettled
on the 18th with prices tuctuating
within three cent range. Prices ad-
vanced later on more favorable local
sentiment. Removal hedges against
export sales main factor in July.
Northwest crop reports very favor
able but further claims of heat damage
in southwest. Closing prices in Chi
cage cash market: No. red winter
wheat $1.14; No. hard winter wheat
s1.15; No. mixed corn &c; No. 2
yellow corn &c; No. white oats 35c.
Average fran prices: No. mixed
corn in central Iowa about 4Sc; No. 1
dark northern wheat in central North
Dakota s1.19A; No. 2 hard winter
wheat in central Kansas 81. Chicago
July wheat closed at Sill; Chicago
| July corn &c; Minneapolis July wheat
! s1.S1H; Kansa City July wheat
$1.045s; Winnipeg July wheat s1.24h.
HAY-Market generally weak. Buy.
ers not anticipating their wants xex-
/ pecting lower prices. Bulk of arrivals
low grade. Not much top grade ar
irving but apparently enough to meet
demand.
LIVESTOCK AND MEATS-Chica-
go hog prices declined 5-10c net for
j the week. Medium and good beef
steers generally 5-15c higher with
butcher cows and heifers 25-50c lower.
Feeder steers were 15-40c lower; light
and medium weight veal calves $1.75.
2.25 lower. Lambs ranged from $l.75'
2 lower while fat ewes were generally
/ fifty cents lower. Hogs closed firm
on the 10th on good grades and most
ly 5-1Oc higher than Thursdays aver
+, age. Pigs, 25-50c lower. Beef steers
and better grades of butcher COWS and
heifers were steady. Veal calves Csc
lower. Better grades of sheep and
lambs about stead, others weak to
lower. June 18th Chicago prices:
Hogs, top, $10.SO; bulk of sales s1O.05
1915: medium and good beef steers
$500; butcher COWS and heifGrs 81
$50; feeder steers s5.75-S.75; light
and medium weight veal calves s775
9.25; fat lambs $11.50-12.75; yearlings
$S25-11.25; fat ewes s2.50-6.5O.
Stocker and feeder shipments from
IL important markets during the week
ended June 9th were: Cattle and
calves 3O,927; hogs 1898: sheep %,
991.
VEGETABLES - Potato market
weaker.
FEED-Wheat feed market con
tinues weak. Considerable pressure
to sell principally BRAN.
DAIRY RODUCTS-Butter markets
steady to firm. Demand active. Bulk
of buying is from current consumptive
demand although considerable buying
for storage has occurred; over mil
lion pounds daily having moved into
storage in the four markets the past
week. Closing prices 80 score: New
York 36c; Philadelphia 36Ac; Boston
SIC; Chicago 35Ac.
Cheese markets steady with tradine
quite active on all except small
styles. Sales included numerous lots
for storage although the ilto-storage
movement is relatively slow.