Evening star., 1933-07-12
PRICES RULE HIGH
IN FARM PRODUCTS
Meats, Butter and Potatoes
Maintain Firm Trend for
Month.

unued the rising price trend OF last
month we'll along into July. There were
further sharp advances in the grain
market the first 10 days Of the month,
attended by reports Of very poor crop
conditions in Western United States
and Canada. Moderate receipts Of live
stock and meats brought a slightly
ket tone was firm and prices gained on
reports of decreasing output. Potatoes
advanced further under moderate
yield and shipments and the generally
good demand There was little change
in the poultry and egg markets, but
the tone was firm, with a few price
gains.
Higher Potato Prices.
Potatoes continued the leading fea-
ture in the vegetable market the first
half of July and sharp price advances
were quite general, followed by moderate
setbacks. Prices are about double those
Of a year ago, although shipments for
the past month were only few hundred
carloads more than those of the same
months last year. The market con-
tinueS active and fairly strong In pro-
ducing sections and in Chicago and
other distributing centers. Cobblers
L.OU
to So, while best Eastern stock reached
$3.50 per barrel, and New York also
quoted near IS. Oklahoma red potatoes
reached $40 per 100 pounds in Chi
cago. Kaw Valley quoted Cobblers at
S2.l5 to $3.50. May lots showing some
decay sell at discount of so cents.
Fruit Markets Steady.
Apples Of the TRANSPARENT VARIETY
continued to sell in Midwestern mar
kets at IS cents to 81 .25 per bushel and
similar ranges prevailed in large East
ern centers.
Peaches showed Q somewhat weaker
tone In market centers after the july
holidays, following the upward trend
earlier in the month. They were selling
at So to SO bushel for the more desir-
able lots. Supplies were moderate in
large Northern markets and demand
fairly good. Occasional lots Of Georgia
Hileys were good enough to bring So
per six-basket carrier in Chicago. Poor
to good lots OF various varieties sold at
81 to 81. General run of North Caro-
and MidVestern markets.
Butter Market Improving.
The butter markets made further i'm
provement in early July and prices ad-
vanced y to cent q pound during the
first 10 days. Decreasing receipts and
general price gains on other products
were the principal conditions Of
strength. Trading was fairly active,
but mostly in regular and Jobbing chan
nels. Speculative interest at present
prices was limited.
City cheese markets were slightly ir-
regular at the beginning OF the second
week Of July. Prices advanced 4 to u
cent per pound in some markets because
of higher prices at country shipping
points, but in other markets few
changes were reported. Trading was
mostly good on all styles, but buyers
in general limited their commitments
principally to current needs.
Egg Market Firm.
The egg markets were steady the first
10 days Of July, but prices were un-
changed on the lower grades, while
prices Of the better qualities were firm
to y cent higher. Spot and futures
trading were supported by higher prices
in the general commodity markets.
The market on fowls and broilers was
firm. but quotations unchanged, as re-
ceipts were just about sufficient to sat-
isfy moderately strong demand. The
trade in frozen poultry was unsettled.
There was strong interest in fancy quail
ity broilers. but the lower quality was
holding barely steady. Roasting chick
ems worked out fairly we'll at previous
quotations. Trading in fowls was most
ly inactive, as holders asked full prices,
while buyers demanded slight conces-
sions.
Livestock Receipts Moderate.
Cool weather was effective in broad
ening the demand for meats. Reduced
livestock marketings also were credlted
as one of the leading factors in ad-
classes and grades during the first 10
days Of July The extreme Chicago
top on steers was 81 per 100 pounds,
paid for medium weights. Most Of the
fed steers sold from IS to $6.25. Calves
were marked up about 81 at Chicago.
Most good to choice hogs were selling
at s375 to 4.60. depending largely on
quality. Few pigs brought more than
$3.50 per 100 pounds. Sharp price
upturns of 81 to s1.25 were scored on
fat lambs in Chicago trading. Light
receipts furnished the principal support
for the advancing market.
Prices OF OOmeSLlC WOODS were IIIN w
sharply higher on the Boston market.
The volume of sales was somewhat
larger than earlier in the month. A
strong advance at the opening OF the
London sales stimulated interest on the
part of manufacturers. Sales Of Ohio
and similar woods were made at higher
rates. Prices were up sharply on a
fairly active trade in Western grown
woods. All grades were in demand.
Wheat and Corn Higher.
Wheat price trend continued upward
the first 10 days Of July, and corn was
higher with wheat, but prospects for
crop well below that Of last season
also helped to strengthen the market.
Corn was bringing 10 cents to IS cents
a bushel more at the principal markets
July 8 than on the first Of June. Prices
of oats were steady, but they have
nearly doubled during the past month
or so as q result OF crop damage and
advancing prices Of other grains.
uaode Ro1fin ora Rank