Evening star., 1932-10-26
PRODUCE MARKET
IS HOLDING FIRM
Weakness of Live Stock
Prices Has Caused Some
UnsettIement, However.


dull and nearly steady. Hides con-
tinued weak feature. Wheat and
other grains except corn sold at firm
prices. Wheat millfeeds tend lower,
most others are unchanged. Dairy
products hold values at most points.
Eggs maintain the strong position of
the past few weeks. Poultry supplies
are increasing and prices slant down.
ward Potatoes declined slightly but
still hold part of the gain made earlier
in the month. Cabbage and onions sell
a little lower in some markets. Apple
prices are generally we'll maintained
at recent levels.
Potato Prices Decline.
Eastern city potato markets showed
q fairly steady tone, but country prices
inclined lower. Sweet potatoes declined
on the Eastern Shore of Virginia to
65a75 cents per barrel, with bushel
tubs steady at 33 cents. City cabbage
prices were lower. In Western New
York, bulk domestic type cabbage
brought only s250 to 81 per ton, bulk
Danish, Sc to S8 Yellow onions de-
clined to a range of 80 to 35 per So
pound bag at Western New York ship
ping points and shippers in Michigan
received only 2712 cents
Pear markets developed slight weak
ness. Bushel tubs of Bartletts declined
in Western New York to 65a75 cents,
with Kieffers at so to IS cents
The apple market in Western New
York held steady on Rhode Island
Greetings at IS cents per bushel tub,
with Northwestern Greetings at so
cents, Kings rs cents and Baldwins
IS to 80 cents. Barrels of Greetings
strengthened to a range Of s2.25 to
$3.50. Southwestern New York quoted
orI
ton of 12-quart baskets. with Niagaras
sharply lower at $23 to $27.
Butter Markets Unsettled.
The butter markets were nervous and
unsettled during the third week Of Oc-
tcber. Trade continues rather slow
Recent price changes consisted cnly Of
grades, the top grades holding I'M
changed. Sentiment is mixed. some
dealers anticipating slight advances
before the end of the month. while
others feel that prices will remain about
at the present level, with only minor
fluctuations and possibility CT price
declines to level at which buyers will
again turn to fresh-made goods. With
nearly per cent more milk cows on the
farms, reports indicate that daily milk
production is averaging between 2 and
3 per cent greater than at this same
time last year.
Prices of cheese held generally un-
changed in city. and country markets
the second half Of October. Trading
was not brisk and competition to sell
wGS rather keen in some markets.
Many Of the large users of cheese have
their own stock in storage and are
making use Of that rather than buy on
the open market at this time Of year,
when values are always rather uncer-
tain. Production still is lighter than
last season, while movement from
storage continues at about the same
rate as year ago.
Egg Market Steady.
The egg markets of late october con-
t4nue steady at practically unchanged
prices. Arrivals are running moderately
heavy, almost equaling the receipts Of
late October last year. but these are
bling clcsely cleared on the lower
g.ades.
The poultry markets remain un-
changed, except that the demand in
scme of the principa, markets has been
slowed down by rainy weather, and
there is considerable excess of stock
reported in some quarters, particularly
on chickens of all sizes and fowl weigh
ing five pounds or ever. This state OF
affairs has led to some shading Of prices
temporarily Ill OIUtI W Keep
receipts moving into trade channels.
Declines in Live Stock.
Live stock of practically all classes,
grades and weight descriptions sold at
lower price levels during the third week
Of October The combination of a
larger supply and narrow outlet for
dressed meats carried the market to
lower prices than had been witnessed
since the low spot in late Spring. Re-
ceipts of cattle at Chicago were the
largest of the year to date and mar
ketings at II important centerS, ag-
gregatng around 100000 head, were
5000 in excess of the week previous.
Receipts Of other classes also increased
at IL markets, showing gains Of 1000
calves, 10000 hogs and $1,000 sheep
as compared with the week before.
The Chicago market on fed steers and
yearlings showed a ret decHne OF
about so cents Extreme top on hogs
at Chicago was So so, later only $780,
Extreme top of lambs at Chicago was
S575
A few houses received a little better
call for number of grades of domestic
wool on the Boston market in late Oc-
tober Sales were all moderate in
volume and the number of buyers on
the market was limited. Little business
was closed on Gas and finer Western
grown woods, but prices were steady to
firm on the bulk of the offerings.
Feed Prices Low.
The index Of feed prices receded in
late October to a new low of Alt per
cent of the 1926 level Of 100 per cent
Previous lows were: 41.9 per cent
reached on July 5, 1882, and 40 per
cent on october 6, 1881. Prices of
wheat feeds, while declining only slight
ly. reached a new low levels in late Oc-
tober The prices declines were con-
firmcd mostly to the Eastern and Gen.
tral Western markets and bran was re-
latively frmer than the heavier wheat
feeds
Production of by-product feeds, while
under average, increased in recent
months This increase. together with
below normal anticipation Of Winter
feed requirements. has resulted in rela-
lively liberal market supplies. There is,
however, some evidence that production
OF feeds has fallen off in the past few
weeks. Cotton seed, linSeed and soybean
meals were easy and relatively weaker
than other important feeds. Mills con-
tinue to offer cotton seed meal spar
ingly and requirements were being filled
chiefly b. reselfers.
Timothy hay markets remained un-
usually quiet in late october with light
offerings generally equal to current mar
ket requirements. Quotations at sew
eral points declined from so cents to
81 per ton. Prices were steady at New
York, Boston and Pittsburgh.
Wheat Markets Firmer.
Domestic wheat markets were nearly
steady after the middle Of october. in
A,1xoad hy ller yecpirfg and fair