Henderson daily dispatch., 1939-09-15
Feed Markets
More Stable

Raleigh, Sept. 15-Feed markets
became more settled toward the close
of the period under review as offer
ings became more plentiful and de-
mand less urgent, the U. S. and
North Carolina departments of agri-
culture stated in the weekly market
news service review. The sharp ad-
vance following the beginning of Eu
ropean hostilities carried feed prices
to the highest level since 1887 with
gains of 1000 or more per ton re-
ported in some commodities. The de-
mand slackened after urgent trade
needs had been filled and prices re-
coded from the peak as much as ESQ
a ton on some feeds. At the close of
the period, the index number of
wholesale feedstuff prices was 1854
compared with 96.6 just prior to the
advance.
An extreme shortage of old crop
peanuts, the lateness in harvesting
southern peanuts and the general
stronger market trend for many COM
pnoditieS as a result of the war Situa-
ton in Europe has affected peanut
prices. The advancing prices now
prevailing for peanuts are IA to
4 1-2 cents per pound delivered for
best lots OF so-called jumbos, even
though the quality is inferior, and
3 SD to 7-8 cents for best Smelling
stock. The inquiry continues good
and the market stronger for cleaned
and shelled Virginias. However, some
mills are reported as already nearly
sold out
Compared with last weeks close
there was better feeling prevailing
for sweet potatoes, following light
shipments, but prices were slightly
lower. This weeks close saw uusI.-l
baskets of North Carolina sweet po-
tatoes Of the ungraded Jersey type
quoted at rs to so cents in Balti-
more; the U. S. No. l Jersey type at
.85 to 80 cents in Pittsburgh; and
the U. S. No. l Nancy Hall and Porto
Rican varieties quoted at rs cents to
LOO in Washington.
The egg demand continued fairly
active this week, but late trading
was not as brisk as early trading
some dealers report Prices, however,
when compared with last week were
up a little. In Baltimore ungraded
large size whites at wholesale were
up to cents per dozen at 80 to 81
cents and in Washington candled and
graded U. S. extra large whites were
up 2 cents at .35. The Richmond and
Philadelphia markets were also up
little.
Northern wholesale live poultry
markets ruled firm early in the pc
riOd. However, after Tuesday, the
Jewish holiday demand was salts
fled and the market ruled weak on
most classes.
At Chicago, following the sharply
higher markets enforced last week,
account Of unsettled conditions thro-
ughout the world. Readjustments
have been effected. Supplies in all
live stock departments were more
nearly normal. Shipments of western
grass cattle were largest of the sea-
son and confined chiefly to replace
ment stock. Seasonal reducing in
packing sows, increasing numbers of
lighter weights of swine. Quality of
western lambs deprecated due to
lack of sufficient moisture on drying
western ranges, especially in north
west. Good to choice medium weight
and heavy steers declined most, show
ing losses of $3.50 cents. Numerous
loads steers having eight months to
one year feeding period. Light steers
around Is cents down. Little notice
able price change on yearhngs. Com
mon to medium grades of grassy and
short fed steers generally steady.
Good to choice led he:-erS steady to
-25 cents higher common tn Medium
grassy heifers fully Is cents lower.
Hog losses ranged from 10 to so cents
while lambs sold LOO lower.