Evening star., 1932-10-12
PRODUCE MARKETS
IN BETTER TREND
AppIe Prices Higher-Dairy
and Poultry Products
Are Firmer.
The weak price trend on most farm

] ~
The weak price trend on most farm
products toward the middle OF the
was somewhat relieved by a
slight upward turn in the long depressed
potato market, by scattered gains IN
apple prices, and by the comparative
Steadiness Of dairy and poultry pro-
ducts, says the United States Depart
ment of Agriculture, Bureau OF Agrl-
cultural Economics, Market News
Service. Most of the staple farm lines.
including cotton. grain and live STOCK,
suffered from disturbed general market
conditions and poor demand. Gram
sold at extremely low prices, cotton lost
further on fairly good crop conditions.
and live stock markets sagged under
moderate supply because Of lack Of
strong buying power Wool, hay and
most feeds were about steady. Butter
values continued unsettled. Eggs hold
prices fairly well under light supplies,
but demand is limited. Onions, lettuce
and potatoes we're firm to higher. Most
other vegetables are unchanged or
slightly lower than at the beginning Of
the month.
Potato Markets Strengthen.
Prices of potatoes advanced slightly
in most parts of the country before the
middle. of the month. Sacked Green
Mountains returned As cents and Cob
blers 40 cents per 100 pounds In
Northern Maine. First report from
Western New York showed a level OF 6O
cents per 100 pounds on sacked round
whites. Cobblers in Michigan were
selling at 48 TO SIS cents. compared with
AZ to As cents in Wisconsin, and 40 TO
48 cents in Minnesota Sweet potatoes
declined on the Eastern Shore OF Vlr-
ginia to IS cents per barrel or 35 cents
per bushel tub. Celery was weaker in
Western New York at SIS to IS cents
per 2-3 crate but was firm to steady
in city markets. Lettuce arrivals from
Colorado and eastern States were
weaker. Cabbage was lower in Western
New York at range of $3.50 to $3.50
per ton for bulk domestic type and 81
to $3.50 for Danish.
Bushel tubs of Rhode Island Green
ings strengthened in Western New York
to 67la to 70 cents on an fob. basis,
with barrels at 81. Pear markets were
weak snd peaches declined to 60-65
cents per bushel at New York shipping
points.
Butter Markets Unsettled.
The butter markets during the first
half of October continued in the neI-
vous ard unsettled position OF previous
weeks. The general tone of the Eastern
markets at the prices in effect was
fairly steady, with some slightly i'm
provement in the demand.
Cheese market sentiment the first
half of October held generally un-
changed from the previous month. Mar
ket tone is about steady and trading
only moderately active Buyers appai-
emily see no special incentive to antic-
ipate wants. and hold orders closely to
actual needs.
Egg Markets Steady.
The egg markets were about steady
the first 10 days of the month. and
prices are mostly unchanged. Trading
was fair on the cheaper grades. but
slow on eggs of high quality. Retail
fined purchases principally to small
sized lots for current needs.
Prices of dressed fowl declined about
l cent a pound at New York under
ample supplies. Receipts of fryers in
early October were heavy and the de-
mand for current consumption was not
sufficient to absorb all offerings at pre-
vailing prices. Considerable stock was
sent to storage by receivers to escape
an immediate loss because Of higher
country costs.
Live Stock in Lighter Supply.
Smaller receipts of all kinds of live
stock failed to check the downward
course of prices during the first third
of the month The recent top on cattle
prices at Chicago was $40 paid for
heavy steers comparable in all respects
with kinds that sold for Sl035 a week
earlier.
Hog prices declined slightly. but dis
courag gingly in view Of the smaller sup
plies. A feature of the market was TIE
seasonal decline in receipts of packing
sows which occurred three or -four
weeks later than last year.
The weeks top on native lambs wa:
S5.75 and on range lambs, S570 The
bulk of the good and choice grade ma"
tives sold at IS to S5.25. with a few
loaGs at $40 to $3.50.
Very little change was noted in the
Boston wool market. Prices on Sos anc
48s-5Os territory woods were held a,
SlCdAN W ob5iltLy obiOlA5CA
although little business was transacted
Some Millfeeds Lower.
Production of wheat millfeeds al
Minneapolis has overtaken the slow de.
mand resulting in an easier marke
situation this month. Cottonseed inca
prices declined back to the level which
prevailed early in August. This mea
lost SIPS per ton at Memphis infiu
enced by the cheapneSs of other feeds
Linseed meal and soybean meal prices
while lower. did not show the Samt
relative weakness as cottonSeed meal
Both of these feeds have averaged fair
ly steady during August and September
Weakness in corn and continued dull
demand for by-product feeds weakened
the hominy feed markets: the situation
at Eastern points was weak with liberia
supplies selling slowly. Alfalfa mea
markets remained unchanged, ref1ectint
the steadiness in hay prices.
Timothy and clover hay showed more
tendency toward weakness than othel
classes of hay. although quotations a
most points were about unchanged tht
second week of October. The Boston
market was reported fairly steady with
light offerings. Demand, however, wa
considerably restricted by better thar
usual pasturage for the season as a re-
suit of considerable rainfall late II
Summer Trading at New York Cit.
was still Of comparatively small volume
Grain Markets Weaken.
Domestic grain markets weakened
! under continued dull demand durini
the first 10 days of October. Prices o
most grains were we'll below the level o
early October. Continued heavy mar
ketings of Canadian wheat, increase
supplies of new crop grain from Argen
| tina, reduced demand from European
importing countries, together with lowe
securities markets, were the prlncipa
weakening influences in the wheat mar
ket and prices declined rather sharply
Corn and other feed grains were lowe