Evening star., 1933-02-08
PRODUCE MARKETS
/ SHOW SMALL LOSS
Declines Are Noted in Grain,
Cotton and Live Stock
Quotations.

HiiSC CiidIigeS were SNSllb on IlOSt
leading farm products the first few
Gays of February but there were more
losses than gains, says the United
States Department of Agriculture. Bu-
reau of Agricultural Economics, Market
News Service. Eggs and dairy products
were still weak features owing to un-
scascnably heavy fresh receipts and
poor demand through January, but sup
porting conditions strengthened with
the colder weather early this month.
Declines in the grain. cotton and live
stock markets were small. Choice cat
tie and meats are selling better. Hay
and feed markets are fairly steady.
Some vegetables tend lower Potato
prices are holding about steady at Chi
cago. Vegetable markets weakened a
little around the first of the month in
NEST producing sections.
Butter Markets Unsettled.
The butter markets were nervous and
unsettled in early February, with no
clearly defined trend of prices. Dealers
were inclined to sell actively. Buyers
with regular trade outlets confined their
purchases to their most urgent needs,
and in general the volume of trading
was rather unsatisfactory. Arrivals OF
butter exceeded those of the previous
week and were slightly heavier than for
the corresponding time year ago.
Fresh cheese markets were weak and
prices declined to close to l cent in line
with lower country replacement costs.
At the lower price level considerable
more confidence was evident. Dealers
proved less willing to offer concessions.
and buyers bought more freely; in some
cases even anticipating future needs.
Demand for Eggs Increasing.
Consumption of eggs in some of the
larger cities has shown a considerable
gain under the much lower retail prices
of the past few weeks, but the m
creased trade is not sufficient to take
care of the liberal supplies. Consider
able temporary storing was done in a
number of markets, particularly OF the
high-cost eggs, that would have shown
q heavy loss If sold at prices prevailing
at time of arrival No speculative stor-
ing has been reported yet, and prob
ably not much of it will be done be-
fore a more definite line on probable
Spring production is QNined. Until
tEen the general trade Sentiment Is for
an uncertain market. Prices reached
new low levels in early February.
Winter broilers are selling well when
Of fancy quality. The market is now
rapidly shifting over to frozen poultry
of all kinds for its major requirements.
Quotations on most classes are holding
steady, the exception being fowls which
moved lower in sympathy with the de-
cline on freshly dressed stock.
Live Stock Supply Reduced.
Receipts of live stock at IL important
Midwestern markets were smaller in
carly February than near the end of the
month before. The Chicago cattle mar
ket displayed much improvement, par
ticularly with respect to weighty steers,
which made price gains ranging from 20
to SO cents. Prices of fat cows were
week and cutter cows weak to lower.
The general price level of hogs is
aL-ut In line with that prevailing near
tn. end OF last month. Part of the
ca-ly February decrease in receipts was
at :. r.bu.ad to bad country roads. Fewer
Ibis of the better grades were on sale
snd as e result the price spread
w-cercd, bat despite the curtailment in
r,1o,pts, the market worked slightly
lover.
Good strictly combing Ohio wool sold
about steady in the Boston market at
10 cents in the greaSe for 4os-505 and
20 cents for SIS, with some sales slightly
GS-UN t1lCSG QuOldtlOlio. w SOlCA1l 6lO"Ai
6Gs and finer were firm despite slower
demand.
Millfeeds Irregular.
Prices of wheat feeds and cottonseed
meal were unchanged in early Febru-
ary. Eastern markets were steady.
Linseed meal prices averaged slightly
higher. Offerings were light and de-
mand poor. Trade reports indicate that
the country trade failed to follow the
recent advance and supplies of linseed
meal In resellers' hands were available
at prices under the market. The lin
seed meal market was unchanged and
quiet at Eufielo, with the light offer
tngs in very slow demand. The gluten
feed and meal situation continued very
strong at Eastern markets, with good
demand for the limited offerings. HON.
3ny feed prices averaged about un-
changed.
Markets for timothy and clover hay
remained quiet, with moderate to light
offerings generally in slow demand.
Quotations were reported unchanged at
Boston, despite some accumulations
from the moderate arrivals. Receipts
at New York City were light and just
about equal to current trade require
ments. The Pittsburgh market was
again very quiet. Alidlld uidi hcIo
ranged from steady to lower.
Wheat Barely Steady.
Domestic grain markets remained
dull in early February, with wheat
barely s0eady and feed grains mostly
lower. While the world wheat situa-
tion continued weak under a slow de-
mand from Europe and fairly heavy
offerings from Canada ard the South
Ell Hemisphere, done5Sic markets had
q fairly steady undertone, rejecting
light current offerings and poc- pros
poets for Winter wheat, particularly in
Western Kansas end Nebraska, where
soil blowing has caused further damage.
Feed grain m2f.1ts we weak and
prices Of corn. c.; 60. / ,"lcy declined
es mcst pc.l.5 g : : Il CT con-
ti.sued dull iccuiry g : l-prsrc, feed-
e-3 and inGus.-ial b. =. &c week
ea.d with wheat, Wa Ga: declined
2 20 cents per b-,-,lcl, t.kings by
crusiiers being limited BY the poor de-
mond for oil and linseed meal.
Potato Market Weak.
Maine Green Mountain potatoes were
slightly lower in early February, but
NV York and Pennsylvania stock
strengthened. The Chicago carlot mar
ket was weaker on Northern Round
Whites at 6712 cents per 100 pounds
ard stronger on Idaho Russet Burbanks
at sl.15 to Sl.20. New York yellow
oaicns strengthened slightly in city
markets., but most other receipts were
stt-2dy to lower. Bulk Danish-type cab
hase brought $3.50 to $3.50 and sacked
stock mostly $3.50 to $3.50 per ton in
Vcetern New York. New cabbage ad-
t-ncod in city markets. Sweet potatoes
(y-r~
e. = where.
Apple prices strengthened in West
ern New York. Bushel tubs Of 2la inch
minimum Rhode leland Greetings
brought 65 to 70 cents, Wealthys, 70 to
rs cents; Kings, rs cents; Raldwins. 81
to 81 05, and Mcintosh, 81 to Sl.l0.
EARNINGS REPORTED.