The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1934-12-07
INDUSTRY IS ON
STEADY INCREASE!
MESTIC OR FOREIGN WHEAT
SUPPLY RECENTLY

From q. s. Department Of Agricultural
Bureau of Economies
After declining from June to Sep
TENDER, industrial production turned
upward in October and November.
Retail sales have made about the us
ual seasonal increase since August.
Business activity in foreign countries
has been steady or declining slightly.
Little change has been reported in do
nestle or foreign wheat supply pros
poets during past months.
The decline in world wheat prices,
which began early in August was
checked and some price gains occurred
during the first half Of November. The
extent to which the Strengthening Of
prices can be maintained will depend
to a considerable extent on the volume
of world shipments and especially Ar
gentine shipments during the next
few weeks. Market price movements
of the past month indicate that the
Nov. l average farm price tax slightly
lower than that of Oct. IS.
Slower wholesale demand for meats
through the Thanksgiving season offset
recent lighter marketings of livestock,
Chicago prices were lower on most
classes and grades. Except for a few
loads of strictly choice to prime steers
and yearlings. most of these classes sold
fully Is cents lower at Chicago the third
week Of November. Declines were most
pronounced and general on steers SELL
ing downward from around So. Fat
lambs, in small receipt. held firm. Feed
ing lambs sold on a weak to Is cents
lower basis.
The feed markets strengthened ma
terially the third week Of November.
Prices of most fees advanced sharply
at eastern and central western markets.
Bran advanced 81 to $3.50 per ton at
leading markets. Price of wheatfeedS
advanced about So per ton at Denver.
At Ogden, prices were only slightly
higher than the week before. Rains in
that area improved ranges and pas
lures. Linseed meal averaged aobut 81
| per ton higher and cottonseed meal
so to rs cents higher at leading markets.
| Soybean meal sold about 81 per ton
| higher Cron feeds advanced, influence
! ed by sharply higher corn prices. AL
| falfa meal held about unchanged.
Trading in recent weeks has been
more active on the finer western grown
woods. Average farm price has con-
tinued about 4 cents below that of
year ago. Some improvements in the
goods markets, combined with the
award of large government contracts
for wool materials, has resulted in con-
siderable increase in mill activity.
Stocks of domestic wool remaining from
the 1884 clip probably will be sufficient
to meet domestic requirements for
some time.
The recent wave of warm weather Is
unfavorable for turkey shipments, and
if continued will result in many cars
arriving in bad condition. Should this
happen, demand from eastern markets
for locally packed turkeys will be much
stronger Quotations on dressed tur-
keys at New York are holding around
Is cents to q cents for fancy stock
from the northwest and nearby eastern
states Southwestern turkeys sell l
cent to 2 cents lower.
November milk price paid by city
dealers show average advance OF cent
per 100 pounds above October average
and "a cents above the price paid a
year ago. Gains for the month were
mainly in the Pacific and mountain re-
gions and the central southwest.
Northern Colorado potato shipments
have continued extremely light. Trucks
are taking bulk of present supplies at
prices S cents to 10 cents higher than
carlot shippers are willing to pay Po-
; tato prices paid to Idaho potato grow
!. ers have been firm at mostly SIS cents
to CT cents bulk per 100 pounds for rus
: sets. Farmers continue reluctant to sell
7 at prevailing prices.
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