The Miller press. [volume] (Miller, S.D.) 190?-current, 1923-09-20
WHEAT PRICE DECLINES
Chicago Hog Prices Advanced 10
to 25c for the Week.

wv WIN living oNPNs ~~cl
GRAIN: Wheat prices firm early
IN week but later declined and closed
1t net loss. Depressing factors were
1earish reports on Canadian crop,
hedging pressure from Canada and
weakness IN Northwestern markets.
Market unsettled on the 14th, and pric-
IS averaged lower despite buying by
exporters and good cash demand. Gov
sring by shorts gave corn market firm
lndertone early but weak urn in cash
market and weakness in wheat caused
alter declines.
Closing prices in Chicago cash mar
ket: No. 2 red winter wheat $1.03;
No. 2 hard winter wheat $k06; No. 2
mixed corn 89c; No. 2 yellow corn
89c; No. 3 white oats 40c. Average
price No. 2 mixed corn in central Iowa
76c. Closing future prices: Chicago
December wheat SLOPES; Chicago De-
cember corn 662c; Minneapolis De-
cember wheat s1.13B; Kansas City
December wheat 99B; Winnipeg De
cember wheat 92hc.
LIVESTOCK AND MEATS: Chicago
hog prices advanced 10 to Csc for the
week, beef steers soc to 81 and butch
er cows and heifers 25 to Csc up
Feeder steers steady to 15c lower anc
veal calves soc to 81 higher. Fat lambs
$1.50 net and feeding lambs 40 to soc
higher; yearlings 81 net up and fat
ewes steady to 25c higher. On Sept.
l4th hogs steady to 1Oc higher; veal
calves soc lower and fat lambs Csc
higher. Sept. 14th Chicago prices:
Hogs, top, 1896; bulk Of sales $3.50
TO 90; medium and good beef steers
$50 to 1925: butcher cows and
heifers $3.50 to 1925; feeder steers
$3.50 to 8; light and medium weight
calves 50 to 1925; fat lambs $12.75
to Is; feeding lambs $12 to IA; year
Iings SO to IL; fat ewes 1915 to $50.
Estimated receiI is at seven markets
we're: Cattle 10000: calves 1850;
hogs 65, 700; sheep $1,000. Stocker and
feeder shipments from II important
markets during the week ending Sept.
eth were: Cattle and calves 134,140;
hogs 16, 759; sheep 157,2S4. In eastern
wholesale fresh meat markets beef
was 81 lower to 81 higher; veal So
lower to 81 up lamb and mutton 81
to SO lower and pork loins firm to 81
higher for the week. Sept. 14th pric-
es good grade meats: Beef SIG to 20;
veal SIG to 81; lamb $25 to 80; NUT
ton $13 to Is; light pork loins $27 to
81. heavy loins S19 to "a.
HAY: Hay demand less urgent in
eastern markets with prices I'M
changed. Central western makrets
firm with prices unchanged to soc
higher, except Chicago where heavy
arrivals of better grade hay lowered
the price of No. l timothy 81 per ton.
Other grades there steady. Southern
demand continues Of small volume.
Quoted Sept. 14th: No. l timothy Chi
cago s26. Minneapolis $20.50.
FEED: Mill feed market unsettled.
Prices irregular. Speculative buying
and the failure of a number of short
sellers rather than actual supply and
demand conditions cause Of recent
sharp advance. Stocks in western
warehouses heavy for this season Of
year. Linseed meal offerings increas-
ing and resellers offering freely at
SIZE under mill quotations. Cottonseed
meal fairly steady though several
hundred tons were sold by Atlantic
concerns at 81 under Southern prices.
Corn feeds very quiet and hominy feed
shade easier. Interior stocks generally
quite ample.
DAIRY PRODUCTS: Butter mar
kets firm. Consrmptive demand rela-
lively heavy and absorbing current
stocks. Heavier production expected
although not definitely shown in re-
ceipts. Imports light. Wholesale pric-
es so score butter today: New York
46hc; Chicago 47Kc. Cheese mar
kets steady to firm. Opinions regard
ing the real tone of the market differ
although stocks have moved well, es-
pecially at country points. Wholesale
prices at Wisconsin primary markets
Sept. 10: Twins 24A; Single Daisies
24%; Double Daisies 24h: Longhorns
= nND