The Hope pioneer., 1922-06-29
JULY Wheat ADVANCE
Hog Market Slightly Lower-Beef
Cattle Up-0thers Weak.
U. S. Bureau of Markets. Washington. D. c..
Tor week ended June 20. 1929.

ior week ended June 20. 1922.
GRAIN: Prices unsettled first half
of week but trended upward latter half
and closed at net gains; Chicago July
wheat advanced &c; Chicago July corn
up &c. Principal market factors were
removal of hedges against export
sales, hot weather, and crop deteriora-
tion reports from Southwest and Cana
dian Northwest. All grains reached
new high on the 23rd on present up.
turn but advances brought out heavy
profit-taking and reaction followed.
Dry weather reports continue from
corn belt. High winds in Northwest;
excessive heat in Southwest. Export
demand improved. Closing prices in
Chicago cash market; No. 2 red win
ter wheat $1.17; No. 2 hard winter
wheat SLIT; No. 2 mixed corn 64c; No.
2 yellow corn 64c; No. white oats
3Sc. Average farm prices: No. 2 mixed
corn in central Iowa sic; No. dark
northern wheat in central North Da-
kota $1.19; No. 2 hard winter wheat in
central Kansas 96c. Closing future
prices: Chicago July wheat s1.14; Chi
cago July corn 63Ac; Minneapolis
July wheat $133A; Kansas City July
wheat $1.07A; Winnipeg July wheat
$1.26%.
LIVESTOCK AND MEATS: Hog
prices ranged from steady to 10c low
er for the week. Better grades of beef
steers and butcher heifers were firm
to 40c higher, others weak to Csc low.
er, cows unchanged. Feeder steers
were generally 10c lower; light me.
dium weight veal calves down Csc.
Fat lambs and ewes gained 25-5oc;
with yearlings up 1890. On June 23rd,
good butcher hogs were steady to 25c
lower than Thursdays average, other
grades mostly 10-15c lower Quality of
cattle generally plain and the market
was practically steady on all grades.
Fat lambs up 1920 with sheep and
yearlings steady.
June 23rd Chicago prices: Hogs.
top, s10.S0; bulk Of sales, $9.75-10'75;
medium and good beef steers SITS
$40; butcher cows and heifers 5 $3.50;
feeder steers $565-7.75; light and me-
dium weight veal calves $3.50; fat
lambs $11.75-13.25; feeding lambs
$10.50-12; yearlings $S.25-11.40; fat
ewes $3-6.75.
HAY: Because of continued heavy
receipts the markets were heavy and
unsettled with general decline in
prices, demand not sufficient to alb.
sorb arrivals especially the lower
grades. Quoted June 23rd: No. prai.
rie Minneapolis SIS.
FEED: The cause of bran being
freely offered eastern markets contin-
ue unsettled while central western
markets report prices somewhat firm
er due to recent heavy sales for fu-
ture shipments. Demand for other
feeds continues very light.
DAIRY PRODUCTS: Butter mar.
kets steady to firm during week, espe-
cially on fancy goods. Current trade
requirements and demand for storing
continue to absorb increased receipts
so that no surplusses of Importance
have occurred. Closing prices. 90
score butter: New York 37Ac; Chi
cago 36c; Philadelphia and Boston CSC.
Cheese market firm. Since advances
on Wisconsin cheese boards Monday
traders appear to have greater conf
dence in present price levels. Interest
in buying for storage has increased.
Cheese prices at Wisconsin primary
markets. June 22nd: Twins 18hc; Dai.
sizes 18Ac; Double Daisies 1850;
Young Americas and Longhorns 181@c;
Square Prints 18Ac.
VEGETABLES: Potato prices low
er during the week.