Henderson daily dispatch., 1939-07-07
Feed Prices
Still Soft

Raleigh, July 7.-Holidays restrict
ed trading in feed during the past
week, but prices continued on down
trend influenced by abundant pas
turage in many areas and declines IN
grain prices, states the U. >. ana
North Carolina departments OF agrl-
culture in the weekly market news
service review Oilseed cakes and
meals were down slightly, but offer
ings were light. Corn feeds were
somewhat weaker reflecting declines
in corn prices, and the slack feeder
inquiry. The index of wholesale feed
stuff prices was down to 10l.6, COM
pared with. 1O44 a week ago and 97.7
year ago.
The market is firm for best grades
of farmers stock peanuts and best
jumbo stock is in especially good de-
mand. Prices of best jumbOs have
strengthened a trifle during the past
week and best bunch is also a little
higher Prevailing prices on de-
livery point basis can be quoted
about as follows: Best jumbas, A,
Is cents; best bunch 3 1-2 3.65, few
3.4 cents and best shelling stock
mostly g. IA cents per pound.
The poultry and egg situation IN
June showed little improvement over
previous months of this year. Prices
of eggs were at the lowest level since
1884, and prices Of chickens were
lower l4l1n st ,,..y time since the
winter of 1887. Camdled and graded
eggs advanced l cent to 25 cents per
dozen, while other grades held about
steady in Washington this week. Live
poultry, however, held mostly steady.
North Carolina producers received
more for their potato and peach OF
ferings, but less for cucumber, pepper
and corn offerings in the northern
wholesale markets as compared with
q week ago. In New York, IL bushel
baskets of 2 inch minimum Hiley
Belle peaches increased from 1.25 to
15O per basket to 1.50, while potatoes
increased from 800 to 1925 to $50 to
400 for the barrel and from It's 20
1.9O to 2.15 to 235 for the 100-pound
sack. Bushel containers of cucumbers
dropped from 2.75 to $50 to 1.50 to
220, and standard crates of yellow
corn from 1.5O to 200 to 1.25 to 1.50.
Although the normal movement Of
live stock into trade channels was
affected to some extent by the holi-
day Tuesday, price trend favored the
producing and selling side, at Chi
cago All grades and weights Of feed
steers sold actively and closed strong
to 2 cents higher than late last week.
Hogs advanced mildly early in the
week, but lost most of the betterment
while spring lambs closed strong to
Is cents higher. Top steers made
11.35, hogs sold up to 7.60 and ma
tive spring lambs reached 1880 at
Chicago.
Hogs worked little higher Mon
day and more than held that posi-
ton on the mid-Week session at that
time top of 760 was paid sparing-
ly against 7.40 late last week. Increas
ed marketings Thursday afforded
some leverage to the buying side and
the gain was practically wiped out
in 1925 cents lower trade. Top
dropped to 7.45, only five cents over
last Fridays peak, while most good
and choice 18O-24O pounds consign-
ments turned at 715-7.4O. Butchers
scaling 240-30O pound finished at
6.25-7.10, with 300-3G0 pound at
575-6.35. Weights 24O pound down
sold more freely than heavier but
chers, these having developed sea-
sonal weakness, in contrast with i'm
proved action on light hogs. Price
movement at outside points was COM
parable in most respects to that
which prevailed at Chicago.