Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1922-06-29
STOCK MARKET LOWER
Weather Conditions Cause Bear
ish Sentiment h Grain Circles.


LIVESTOCK AND MEATS hicA.
60 hos pirces declined k-l0c per 100
pounds tor the week. Medium and
good beef steers ranged from lSc lower
70 20c higher. Bulk Of cows and
heifers were generally steady with
feeder steers about l0c lower. Light
and medium weight veal calves we're
soc. lower. Fat lambs averaged soc
higher, yearlings 1880 higher and
tat ewes 507sc higher per 100 lbs.
On June 2sth light weight hogs closed
arm with good butcher hogs generally
steady to l5c lower. Packing grades
were l5-2sc lower. Beet steers.
butcher cows and heifers and stockers
steady to strong. sheep and lambs
generally CSC higher. June 3sth Chi
cago prices: Hogs. top. SLOTS: bulk
Of sales $s.sO-lO.7O: medium and good
beet steers, $7.76.s.40: butcher cows
and heifers $3.50: feeder steers eS.0k-
IT'S: light and medium weight veal
calves $I7-S.50: fat lambs 3l2-l3.60:
feeding lambs slo.7s-11: ysarlinss
tS.5O-ll.50; tat ewes $S.3S-7.
Stocker and feeder shipments from
~ important markets during the
week ending June 2eth: Cattle and
calves $500: hogs l2.0sS: sheep a..
0l2.
GRAIN-Pricss trended upward IN
III 23rd but weakness toward close ~
suited In only slight net gains: CHI
cago July wheat up INC: Chicago
July corr up Nc. Market influenced
mainly by weather conditions. Bear
ish sentiment prevailed on the 1eth
- result Of rains and lower tsmpsra-
lures. Political developments nurope
also had some effect: export demand
restricted. Visible supply wheat a..
oo3. 900 bu.. . decrease Of 1.sl2.oO0 bu.
TOR week: visible supply corn 3l.33S.-
OOO., . decrease Of l,Ol5,0O0 bu. TOR
week. Closing prices In Chicago cash
market: No. red winter wheat
$1.l3: No. : hard winter wheat tl.l3:
No. . mixed corn sc; No. . yellow
corn SIC: No. white oats SIC. Aver.
age farm prices: No. : mixed corn In
central Iowa lsc: No. hard winter
wheat In central Kansas S6c: No.
dark northern wheat In central North
Dakota $1.22. Closing future prices
Chicago July wheat $l.llk: Chicago
July corn e1k; Minneapolis July
wheat 3l30ss: Kansas City July
wheat Sl.05; Winnipeg July wheat
| $l.24k.
HAY-Becauss Of the scarcity o
| top grades Of hay among the recent
heavy arrival at the various market
It ia necessary to sell poorer hay q
sacrifice while strictly top grader
are arm at quotations. June 24tl
quoted: No. timothy New Yorl
| S2S.5 Chicago $22.6O. No. I alfalf,
Omaha $3.50. No. prairie Omah'
$3.50. Chicago $3.50, Minneapolis
$3.50.
DAIRY PRODUCTS-Butter mar
kets firm and higher during the week
Unexpected export demand for good!
| of medium quality contributed consid
| cradle support and buying for st0ragl
| has continued. Closing prices .;
score June 26th: New York. Pthla
delphia and Boston 3sc; Chicago
37Ac.
Cheese markets Arm although trad
ing has not become really active
More confidence in present price levels
Is evident Some storage buying
Prices at Wisconsin primary markets
June Gath: Twins 18kc; Daisies
lshc: Double Daisies lSAc; Youns
Americas 18hc; Longhorns l8Nc.
Square Prints l9Ac.
COTTON-Spot cotton prices de
clined 124 points during the week
New York July futures down Isl
points. Spot cotton closed 2lA5c pei
pound; New York July futures 2O.9bc