Evening star., 1932-01-13
PRODUCE MARKETS
IN STEADY TREND
Declines in Dairy Products
and Eggs Are Declared
Is Seasonal.

Ian iy WCll UIlC ~ dhyS VI
says the United States Department of
Agriculture, Bureau of Agricultural
Economics, Market News Service. De-
clineS on dairy products and eggs were
mainly seasonal. Mild weather has
favored liberal production for the time
of year GRAIN cotton and live stock
changed but little. Potatoes, onions
and apples made some price gains and
cabbage declined.
Vegetables Advance.
Price of sacked Green Mountain po-
tatoes advanced in Northern Maine to
a range of 48 to SO cents per 100
pounds. with round whites returning
70 to IS cents in Western New York.
The North Central States reported a
range of so to IS cents. Eastern job
bing markets were little stronger on
Maine Green Mountains and about
steady on other receipts. Most lines
on the Chicago carlot market advanced
slightly Sweet potatoes declined slight
ly in price, except the light arrivals
from the Eastern Shore of Virginia,
which held steady.
Western New York shippers OF yellow
onions reported 50-pound sacks higher
at $225. City prices of nearly all
onions advanced, except for New York
yellow varieties. Lettuce quotations
were somewhat lower. Though quality
is none too good, the fob. market
for New York celery was somewhat
stronger at $1.5O to $l.75 per tWo-thirds
crate. Cabbage was lower at Western
New York loading stations.
Best cold-storage Baldwin apples
strengthened at Western New York
points to $1$105 per bushel on an
fob. basis, with Rhode Island Green
ings at Sl.25 per bushel or 1886 per
barrel.
Butter Markets Weak.
The butter markets during the first
10 days Of January were still weak
and marked with some rather sharp
price declines. Even at the lower level
of prices, buyers were cautious and
trade in general was dull. The present
nervous and unsettled condition Is at
tributed largely to excessive supply and
to the unsatisfactory business condi-
tions Reports from three large butter
manufacturing groups show increases
over the corresponding period a year
ago. Stocks of butter in storage at
the larger markets are considerably
less than at that time.
Although some price concessions were
made in several quarters, cheese mar
kets at many distributing points con-
tinued about steady the first 10 days Of
January In New York, however, fresh
styles were easy, not because of liberal
supplies, but owing to lower prices in
producing sections.
Egg Prices Fall.
The egg markets in early January de-
veloped the weakness usual at the time
of year and prices worked lower. West
ern mixed colors declined Az cents on
the lower grades and 7 cents on the
top grades. At the same time white
eggs from the Pacific Coast declined
around IA cents. The refrigerator egg
market, which during the latter part
of December had given evidence of in
creased firuness participated In the
early January weakness of the fresh egg
markets and prices dropped back to the
levels prevailing in mid-December.
Some offerings of exceptionally fine
chickens brought substantial premium
over the top quotations for their grade,
but in the main such sales were rela-
lively few and designed primarily for
selected trade Prices show wide
range, but general trend so far this
month has continued downward, as dur
ing the month before.
Live Stock Irregular.
Live stock marketings show increases
compared with late 1881 After start
ing the year at a sharp advance, the
steer and yearling trade at Chicago
shows demand little more restricted
to good choice offerings and to common
kinds Shippers wanted choice cattle
regardless of weight and because such
kinds we're very scarce had to substitute
to fill Eastern orders. All interests
wanted light cattle, and while the mar
ket was best on strictly yearllng type OF
feringS, the wide demand for yearlings
made reasonably good market on all
grades scaling 1000 pounds downward.
Hogs sold slightly lower; Chicago top
was S435, with bulk Of good and choice
l4O-210 pounds selling from $4.20 to
$43O The better grade fat lambs were
mostly steady in price compared with
a week earlier, while the lower grades
were steady to unevenly lower. Yearl-
ings showed little net change In value.
Not many strictly heavy lambs arrived,
and the Colorado movement showed
little expansion.
Inquiries and sample orders are the
principal January features of the East
ern wool markets. A moderate bust
ness resulted from few of the recent
inquiries but in most cases buyers were
simply looking over the market to
locate woods that they may require II
anticipated business on goods ma
terializes.
Feed and Hay Markets Quiet.
The production of wheat feed re-
mains at a low level. Demand also
was light and prices show only slight |
changes Linseed and cottonseed meal
prices average higher, but tankage and
soybean meal were lower. Prices OF
gluten feed and meal and white hom-
my feed were reduced.
Timothy hay prices have averaged
about steady since the middle of De- |
cember, with continued light offerings
about equal to market needs. Con- |
tinued light arrivals at New York City |
were reported sufficient for trade needs.
The bulk of the offerings were of the
medium and lower grades. but quota
tions on the better quality were not
advanced Trading at Central-Eastern
and Southern markets was practically
at a standstill.
Grain Market Steady.
Domestic grain markets were gen.
orally steady during the first full week
of January Milling quality wheat was
readily taken, but feed grains were
meeting only fair demand at most
markets. The sharp advance in Sc
curity markets, some improvement in
export demand for North American
grain, together with relatively light !
marketings, were strengthening factors
in the wheat market. A slow shipping
demand continued to limit the inquiry
for feed grains, but this condition was
largely offset by very small receipts
Rye was slightly higher, while fax
was barely steady, despite the scant
offerings.