The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1927-11-26

clover situation. That the yield of
Grimm alfalfa seed in North Dako-
ta is far below normal is beyond
question. The price Of sweet clover
has advanced in North Dakota from
about 4 LIZ cents to about l-2
cents per pound, basis Of clean seed.
That sweet clover prices will con-
tinue on the upward trend seems OBJ
vious.
Reef Cattle
That supplies Of slaughter cattle
during the rext few months will be
the smallest for years and that
prices will be maintained 1t approx
imately the present high level are
the present indications. Cattle
prices continued to advance during
October and new top prices for
nearly all kinds since 1920 were
established at Chicago. Although
receipts at seven leading markets
in October were only z per cent be-
low October last year, prices on
nearly all kinds of cattle were from
20 to so per cent higher than a year
ago.
With no present signs Of inn
provement in demand and with
corn prices still favorable for feed
ing, the indications are that prices
this winter are likely to follow the
usual seasonal decline.
Hog prices ordinarily decline Is
to 25 per cent from the fall peak
to low rcint early in December
and then recover less rapidly to a
spring peak in March or April. Con-
trary to this usual seasonal move
ment prices during October aver
aged a trifle higher than in Sep
TENDER, packer and shipper droves
at Chicago averaging 5000 for the
month, just II cents higher than
the previous month. On Nov. /,
there were 76,78S.O0 pounds of
frozen pork in cold storage in the
United States as compared with q
5-year average of a., 1886 900 pounds.
Lambs
It seems likely that the present
level of lamb prices will be well
maintained during the remainder of
1927. Top lamb prices at Chicago
ranged between $13.75 and $14.15.
North Dakota sheep are in better
condition than two months ago and
are entering the winter period with
all conditions favorable. Cold
storage holdings arc average.
Butter
Due to a strong foreign situation
and with domestic supply and de-
mand about the same as last year,
butter prices during November and
December arc likely to show about
the usual seasonal advance. Butter
prices usually reach the peak Of
their seasonal movement in late
November or in December with the
price for December averaging about
10 per cent higher than in October.
During October the advance in but
ter prices which had been under
way since early August was checked
an prices became unsettled.
Wool
The firmness is foreign markets
for raw wool continues to strength
en- the domestic market. Prices Of
wool in the United States have not
risen in proportion to foreign
prices, averaging 81 cents per pound
for both Oct. Is and Sept. Is.
Eggs
The tendency toward specializa-
ton in winter egg production is be-
ing reflected in largen winter re-
ceipts which tends to eliminate the
extremely high prices for fresh
eggs during the late fall and win
ter months. The prices of eggs at
Fargo has increased from 1925
per 80 dozen case Oct. /, Of this
year, to $10.35 at the present time.
Turkeys
The 1927 turkey crop in the Unit
ed States is about five per cent
smaller than that of 1926, and in
North Dakota it is estimated at
eight per cent less than a year ago.
All states east of the Rocky Noun
tains show q smaller production
than last year except Texas. which
is by far the largest producer of
turkey, swherc the increase is
placed at II per cent. The storage
supply at present is about normal.
Prices as good as last year seem
assured.