Evening star., 1934-01-16
SMALL GAINS SEEN
IN FARM MARKETS
Dairy and Poultry Products
Given Good Support at
Mid-MOnth.
Moderate gains in the price level we're


the rule in the farm markets around
! the middle of the month, according to
the United States Department of Agri-
! culture.
Grain eas inclined to higher levels
because of moderate supplies in sight
and somewhat unfavorable news of the
Winter wheat crop. Live stock markets
showed some price advances despite the
continued heavy supplies of hogs and
| irregular market conditions in that line.
| Cattle markets also were somewhat
| irregular because of the influence of
| Government buying. Fat lambs reached
new high levels at Chicago. Wool
markets we're quiet and fairly steady.
| Hides maintained previous recoveries
and calfsklns advanced slightly at
New York.
Rather favorable reports on holdings
! of dairy and poultry products in cold
storage tended to support these lines
in the market despite the trend toward
! increased production at this time of
| year
Progress of the season also favored
more liberal shipments Of Southern
vegetables and some kinds declined
| further in price. Heavy shipments OF
| Southern cabbage weakened Northern
| cabbage markets and more active
| movement of potatoes and onions
caused some market irregularity for
these products.
Vegetable Market Irregular.
Maine shipping point prices of pota-
| toes were weakened near the middle of
the month at sl28 to Sl38 per 100
pounds. compared with SLAB early in
the month and SO cents a year ago.
Maryland and Pennsylvania potatoes
brought SITS in Baltimore Midwestern
| markets continued to advance after
Eastern markets had weakened, and
Wisconsin stock advanced about
cents. There were some gains at far
Western potato shipping points.
Prices of onions we're somewhat un-
settled. but producing regions III the
East and Middle West still quoted 81 90
per SO pounds and city markets ranged
Sll5 to Sl.50. Massachusetts, onions
sold at Sl.30 in Boston. New York
Danish cabbage declined SIS to SIS per
ton under increased supplies from the
South, Producing sections dropped S3,
but were still high as compared with
levels Of S. TO Sc per ton a year ago.
Prices declined in Southern cabbage
shipping sections.
Eastern Shore of Maryland and Del
aware sweet potatoes were somewhat
irregular at rs cents to SIPS per
bushel in Eastern markets. Prices of
lettuce continued steady to firm and
Florida stock advanced slightly New
York celery followed wide range of
81 to 50 per two-thirds crate in city
markets. Apple markets were firm.
western New York shipping points
quoted Rhode Island Greetings at
$l25 to l30 a bushel and Baldwins
above SIPS. Connecticut Massachu-
setts and Vermont Mcintosh were SELL
ing at S1.38 to SITS in city markets.
Prices of Northwestern apples were
Strawberries still sold low in Northern
markets, averaging about Is cents, pint
basis.
Butter Prices Gain.
A fairly confident tone was generally
expressed in the mid-January butter
market and trade opinion was quite
general that supplies would have to in
crease before real weakness would de-
velop. So far the seasonal gain in
production has been moderate, accord
ing to figures at hand. Production as
measured by receipts at four leading
markets and reports of the larger
creamery groups is somewhat below
the corresponding period last year.
Net price gains by the middle of the
month were about cent a pound in
leading markets. Some holders of
storage butter were inclined in push
sales. Withdrawals from cold storage
since the first of the year have been
running unusually heavy in the larger
market centers, but much of the stock
taken out was from Government hold
ings for relief purposes. Prices of
phepsa i,,
ducing sections.
Egg markets were steady to firm.
Midmonth receipts at four large Eastern
markets showed substantial increases
but were lighter than during the CORE
spending time last year January cold
storage figures show holdings nearly
one-third below the five-year average,
but still, of course, considerably larger
than last years light stocks on hand.
Tendency to increased production dur
ing favorable weather makes the posi-
ton of the market uncertain.
Prices of live poultry are somewhat
irregular on various classes but changes
for the most part have not been large.
There was tendency for prices of live
and dressed fowls to advance at New
York while broiler prices tended slightly
downward Most kinds of dressed poul-
try were in relatively light current sup
ply with prices unchanged. Storage
holdings show moderate increase COM
pared with the usual figures for the sea-
co,, ~ tho yoor