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Title: The Market Reporter, Vol. 4, No. 15

Author: Various

Release date: December 9, 2018 [eBook #58445]

Language: English

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*** START OF THE PROJECT GUTENBERG EBOOK THE MARKET REPORTER, VOL. 4, NO. 15 ***

Please see the Transcriber’s Notes at the end of this text.

THE MARKET REPORTER

Published Weekly by the

United States Department of Agriculture

Bureau of Markets and Crop Estimates

W ASHINGTON, D. C.

OCTOBER 8, 1921.

V OL. 4, No. 15

GROWERS HOLD CLOVER SEED FOR HIGHER PRICES.

Quality of 1921 Crop About Same as That of last Year—Alsike Clover Seed Movement Normal.

The movement of red clover seed from growers’ hands has been below normal, but that of alsike clover has been fully normal, according to reports received by the Bureau of Markets and Crop Estimates during the week ending Oct. 1. There is a tendency on the part of the growers of red clover seed to hold their seed because the crop, which is now being thrashed in many sections, is not turning out any better than was expected at harvest time and as reported in The Market Reporter for Sept. 10.

Although clover prices on Sept. 27 were mostly 50¢ to $1 per 100 lbs. lower than they were a month ago, they have shown little or no change during the past week or ten days. The quality of red and alsike clover is about equal or slightly inferior to that of last year’s stock. Rains during the last two weeks of September have discolored or bleached much of the seed in some sections.

MOVEMENT SLOW.

Red Clover.—In a number of important sections only 5 to 25% of the red clover seed crop had been sold by growers at the end of September. This season’s movement, however, has exceeded the belated movement of the 1920 crop, but has been a little slower than usual. Growers see evidences of a short crop in their immediate vicinity, and in view of the fact that prices offered are on an average $2 to $4 per 100 lbs. lower than last year, and $25 to $28 lower than two years ago at a corresponding time, they are not inclined to sell freely. In a few sections, particularly southwestern Ohio and southeastern Iowa, the movement has been considerably above normal, the growers already having sold 45% and 35%, respectively, of their crops.

The average prices offered to growers in various sections on Sept. 27 for clean seed, as shown in the accompanying table, ranged from $14.60 per 100 lbs. in southwestern Iowa to $17.25 in southwestern Ohio, compared with a range of $17.25 to $22 at a corresponding time last year.

The imports of red clover seed during July, August, and September totaled 1,792,900 lbs. compared with 305,200 lbs. during the same months a year ago. These heavy imports of old seed from Europe and South America have tended to depress prices for domestic seed. French, German, and Italian correspondents state that large quantities of red clover seed were sold during July and August and consequently stocks of old seed have been reduced greatly. The 1921 crop in these and other European countries was reported to be much below normal because of the drought during the summer, and it will be needed for sowing the acreage there next spring.

The quality of the seed in this country varies considerably in different sections, being better than last year in southern Wisconsin, Ohio, Minnesota, South Dakota, and Idaho and somewhat poorer in central Illinois, and Indiana, Michigan, and parts of other States.

Alsike Clover.—In practically all of the important producing sections a larger percentage of the crop had left growers’ hands by Oct. 1 than on the same date last year. It is estimated that about two-fifths of the marketable surplus had been sold by growers by that date. On Sept. 27 growers were being offered $13.05 to $16 per 100 lbs. for clean seed compared with prices a year ago of $18.40 to $24.50 and two years ago of $36.20 to $40.

Most of the reports indicated that the quality of the 1921 crop was approximately the same as that of last year; the reports indicating a difference in quality between the 1921 and 1920 crops were about equally divided, some stating that the quality was better and others stating that it was inferior.

The imports of alsike clover seed from July 1 to Sept. 30 were 1,106,700 lbs., compared with 109,700 lbs. for the same period last year. The crop in Ontario, Canada, which contributes the large bulk of the alsike clover seed that is annually imported into this country is less than normal and is estimated to be 60% of the 1920 crop. The decreased production of this seed in the United States and Canada has caused prices to remain rather firm since harvest.

Red Clover Seed Prices and Movement.

State

or

section.

Prices offered

growers

per 100 lbs.,

basis clean seed.

Percentage of 1921,

1920, and 1919 crops

sold by growers

by—

Sept.

27,

1921.

Oct.

5,

1920.

Sept.

30,

1919.

Sept.

27,

1921.

Oct.

5,

1920.

Sept.

30,

1919.

P. ct.

P. ct.

P. ct.

Michigan

$16.10

$20.50

$43.40

5

5

2

N. Illinois

15.40

21.00

...

5

10

12

C. Illinois

15.75

19.50

42.90

25

15

65

N. Indiana

16.70

19.65

41.75

25

15

50

C. Indiana

16.40

19.40

...

30

10

15

S. Indiana

15.80

17.25

...

20

10

10

NW. Ohio

15.75

20.00

44.50

45

8

20

SW. Ohio

17.25

21.75

...

5

9

...

Minnesota

15.65

20.10

43.75

10

3

15

W. Wisconsin

16.05

19.80

...

5

5

10

E. Wisconsin

17.20

20.50

...

5

5

5

S. Wisconsin

16.90

20.90

44.20

15

6

35

Idaho

15.00

22.00

43.70

10

6

20

Nebraska

15.00

20.00

43.15

5

4

20

Kansas

14.75

17.75

...

15

2

35

NE. Iowa

15.50

20.00

...

20

17

5

SW. Iowa

14.60

19.50

...

10

5

30

SE. Iowa

15.10

21.00

41.00

35

5

35

Missouri

15.90

18.75

...

15

6

50

Alsike Clover Seed Prices and Movement.

P. ct.

P. ct.

P. ct.

Michigan

$15.15

$20.40

$38.00

15

6

55

N. Illinois

13.90

20.90

...

40

11

85

C. Illinois

13.85

18.40

40.00

20

20

65

N. Indiana

13.95

19.80

...

60

36

50

C. Indiana

14.25

20.25

40.00

50

14

10

NW. Ohio

13.05

21.70

38.70

60

16

85

SW. Ohio

14.45

22.90

...

15

7

...

New York

16.00

23.25

...

35

5

45

W. Wisconsin

14.00

20.30

...

5

8

45

E. Wisconsin

14.50

21.70

...

15

10

...

S. Wisconsin

14.60

24.50

36.20

40

20

35

Idaho

16.00

23.00

39.50

70

10

60

Oregon

14.25

22.75

...

60

10

35

A GLANCE AT THE MARKETS.

Heavy receipts featured the week’s live-stock trading. The trend of cattle prices was decidedly irregular. The hog market had a fairly healthy tone. Sheep and lamb trade showed some improvement. The fresh meat trade throughout the month of September was narrow (pp. 226 and 228).

Prices of wheat and corn futures declined steadily throughout the week, but cash premiums strengthened in all markets excepting Minneapolis (p. 234).

The movement of fruits and vegetables was near the peak of the season, and prices declined (p. 230).

Definite information concerning volume of Danish imports steadied the butter market. Cheese markets were steady under improved demand (p. 233).

Hay continued in light supply and prices in most markets were unchanged. General inactivity continued in feed markets, wheat mill feeds registering extreme Weakness (p. 236).

Prices of spot and future cotton continued to advance. Production estimated at only 6,537,000 bales (p. 238).

The monthly Wool consumption report appears on page 239.

The monthly table showing carload shipments of fruits and vegetables appears on page 232.

AUGUST EXPORTS OF EVAPORATED MILK SHOW INCREASE.

Shipments of Evaporated Milk During August Exceed Those of Condensed—Export Prices Lower.

The movement of unsweetened evaporated milk in cases during August was considerably larger than that of sweetened condensed milk, and the tone of the market for the former class of goods was proportionately better, as shown by a review of the latest available reports from milk manufacturers. The demand for bulk goods has decreased materially with the approach of cooler weather, especially the demand from the ice-cream trade.

Manufacturers’ reports of total stocks on hand Sept. 1 indicate approximately the same surplus of condensed case goods as on Aug. 1, but show a decrease of over 35% in the quantities of evaporated case goods. A similar condition prevailed with regard to unsold stocks, supplies of condensed case goods being practically the same as on Aug. 1, while stocks of unsold evaporated case goods decreased almost 50%. Stocks of case goods of both condensed and unsweetened evaporated milk on Sept. 1 were less than one-half the quantity reported on hand Sept. 1, 1920.

The export movement during August apparently served to give considerable relief to the general situation. Exports totaling 22,803,000 lbs. of evaporated milk more than doubled the July exports. Exports of condensed milk were but 7,557,000 lbs., although this was 2,000,000 lbs., heavier than in July. The United Kingdom received the heaviest shipments, 12,716,000 lbs. of evaporated and 3,232,000 lbs. of condensed going to that country. France and Germany each received approximately 3,000,000 lbs. of evaporated milk.

Exports of condensed milk during the first eight months of 1921 were but 62,000,000 lbs., compared with more than 221,000,000 lbs. during the same period in 1920, while exports of 116,000,000 lbs. of evaporated milk this year are 5,000,000 lbs. heavier than the shipments in 1920.

Manufacturers’ selling prices to the domestic trade during August remained practically the same as during July, but reductions occurred in prices to foreign trade. The largest cuts averaging 34¢ per case were made in export prices of sweetened condensed milk. Unsweetened evaporated milk prices to foreign trade were not so generally reduced, as some manufacturers seem to have advanced export prices slightly, with the result that the average export price was but 4¢ less per case than during the previous month.

Wholesale Prices of Condensed and Evaporated Milk.

(To domestic trade.)

Geographic

section.

Sweetened

condensed

case of

14-oz. cans.

Unsweetened

evaporated

case of

16-oz. cans.

Aug.

July.

Aug.

July.

New England

$6.07

$6.16

$4.82

$4.83

Middle Atlantic

5.95

5.89

4.88

4.79

South Atlantic

6.47

6.47

5.02

4.97

East North Central

6.41

6.48

4.52

4.64

West North Central

6.38

6.44

4.76

4.75

South Central

6.49

6.53

4.91

5.05

Western (North)

6.38

6.33

4.72

4.61

Western (South)

6.53

6.37

4.78

4.67

United States

6.28

6.26

4.83

4.78

Prices to Producers at Condenseries for 3.5% Milk.

(Per 100 lbs.)

Geographic

section.

By

manufacturers

of case and

bulk goods.

By

manufacturers

of bulk

goods only.

Sept.

Aug.

Sept.

Aug.

New England

$1.91

$1.91

$3.30

$3.30

Middle Atlantic

2.23

2.06

2.17

2.14

South Atlantic

2.15

1.88

1.66

1.87

East North Central

1.84

1.85

1.88

1.87

West North Central

1.80

1.80

1.77

1.40

Western (North)

1.77

1.53

2.23

2.30

Western (South)

1.73

1.61

...

...

United States

1.87

1.87

2.04

2.06

Stocks and Exports of Condensed and Evaporated Milk.

[In thousands of pounds; i. e., 000 omitted.]

Stocks.

Sept. 1,

1921.

Aug. 1,

1921.

Sept. 1,

1920.

Case

goods.

Bulk

goods.

Case

goods.

Bulk

goods.

Case

goods.

Bulk

goods.

CONDENSED.

Total stocks

31,773

26,654

30,541

28,529

71,341

32,766

Total unsold stocks

21,574

19,074

21,588

24,476

58,577

8,733

Total unfilled orders

339

...

425

14

300

...

EVAPORATED.

Total stocks

90,503

770

145,867

739

170,198

851

Total unsold stocks

36,149

763

68,658

719

103,812

738

Total unfilled orders

6,039

...

10,025

...

3,482

...

Exports.

Aug.,

1921.

July,

1921.

Aug.,

1920.

Condensed milk

7,557

5,727

20,503

Evaporated milk

22,803

11,611

5,100

Total

30,360

17,338

25,603

Live Stock and Meats

HEAVY RECEIPTS FEATURE WEEK’S LIVE STOCK BUSINESS.

Trend of Cattle Prices Decidedly Irregular—Hog Market Has Fairly Healthy Tone.

(Chicago, East St. Louis, Kansas City, Omaha, and St. Paul.)

Receipts of live stock during the closing week of September were of generous volume despite the fact that conditions in some departments of the trade during the preceding week bordered on demoralization. An increased proportion of trashy, light-weight cattle indicated that producers were anxious to liquidate surplus holdings before stormy weather sets in, while a corresponding decrease in receipts of corn-feds suggested a decreased number of well-conditioned beef cattle in feeders’ hands.

Chicago’s cattle receipts for the week were the largest since January, while the combined ten-market supply of about 242,300 cattle was practically the same as the week previous but 41,000 short of the corresponding week a year ago.

Following the descent of hog prices during the preceding week to the lowest levels of the year, the marketward movement of hogs expanded materially, the ten-market total at approximately 436,000 being 40,000 in excess of the week previous, and nearly 60,000 greater than the same week last year. The hog run, while continuing to carry an abnormally large proportion of heavy packing sows for this period of the year, showed a considerably enlarged quota Of spring-farrowed, light and underweight stock and average weights decreased at most points. The disposition shown by producers in many sections to unload pigs and immature light hogs was anything but a bullish influence on prices but a revival of eastern shipping demand assisted in checking the decline.

SHEEP AND LAMB RECEIPTS LARGE.

Receipts of sheep and lambs for the week both at Chicago and numerous other western points were the largest of the year, the ten-market total of about 419,500 exceeding the previous week’s supply by approximately 38,000 and being nearly 1,000 in excess of those of the same week last year. The crop, however, carried a heavy proportion of feeders from the western range and the market displayed gratifying stability following the slump in prices during the week previous, which was one of the most severe slumps of the season.

Cattle.—Higher prices for most grades of beef steers showing effective corn feeding, further seasonal expansion in the movement of both native and western grass cattle, and further evidences of increasing interest on the part of stocker and feeder buyers featured the cattle trade during the week under review. The trend of prices at the different market centers was decidedly irregular. Omaha, where receipts were considerably lighter than the preceding week, showed advances on practically all classes of cattle. Other River markets under review showed irregular declines on grass cattle and comparatively little change on desirable corn-feds. At Chicago, where receipts of northwestern range cattle were nearly double the largest previous run this season, grass steers and the less desirable of the warmed-up and plain, heavy, fed steers sold steady to 25¢ lower, and the better grades of corn-fed steers, including yearlings, all the way from 10¢ to 50¢ higher.

The return of $11 cattle after an absence dating back to last January, marked the week’s trading at Chicago. Two lots of prime Angus and Hereford yearlings averaging 985 lbs. and 891 lbs., respectively, brought that price. The former consignment was made up of natives from an Iowa feed lot, nearly half of which were heifers. The other lot consisted of Illinois-fed, branded steers which originally came from Texas.

The popularity at all market centers of well-finished yearlings on the baby beef order and of finished 1,100-lb. to 1,300-lb. steers over the weighty and more aged bullocks was as pronounced as ever, and the price premiums earned by the former were unprecedented for this season of the year. Thick-fat 1,400-lb. to 1,500-lb. steers of high quality and closely approaching prime grade could not pass $9.25 at Chicago and contrasted oddly with the moderately fat, short-fed yearlings that brought about the same figure. Ripe steers in the 1,600-lb. to 1,760-lb. class that had been grain-fed a year or more, sold at Chicago and Omaha at $8.25 to $8.50 with a plainer, weighty kind that had consumed considerable corn, down to $7.50. Many sales of good and choice 1,200-lb. to 1,350-lb. steers between $8 and $8.75 were made at Chicago and elsewhere. A few loads of long yearlings averaging 1,100 lbs. to 1,175 lbs. sold as high as $10 and $10.50.

A generous proportion of the run, however, all around the western market circuit consisted of branded and native grass steers of mediocre and medium killing quality that cashed at $5 to $6.50, comparatively few straight grass steers being good enough to bring $7. This was true despite the fact that two loads of Montanas reached $7.25 at Chicago. Light grass steers of common quality but carrying enough flesh to make cheap carcass beef, sold as low as $4.25 and $4.50 at St. Paul and Missouri River points and a few, chiefly on the Mexican order, ranged downward from $5 at Chicago.

An increase of nearly 50% in receipts of northwestern grass cattle at Chicago was credited in part to the 20% cut in long-haul freight rates. The week’s total of about 13,000 cattle from that source, however, was but little more than half as large as similar receipts during the corresponding week last year. It seems probable, however, that the Northwest will ship more freely during October, as after this month stormy weather is likely to put an end to cattle roundups.

Liberal receipts of low and medium grade steers and their cheapness “on the hooks” as compared with most grades of she stock had a depressing effect on cow and heifer prices at all markets covered by this report except Omaha. At the latter market light receipts forced cow prices up along with those of most other classes of cattle. Canners and choice dry-fed heifer yearlings withstood the downward tendency and held about steady.

SHE-STOCK PRICES BREAK.

The break in she-stock prices ranged anywhere from 25¢. to $1. Declines were most severe at Chicago, where medium to good grades of fat cows and the same classes of grass heifers frequently showed a break of 75¢. to $1 compared with the previous week-end. A spread of $3.75 to $5.75 took the big end of the week’s supply of grass cows and heifers, while canners and cutters ranged largely from $2.25 to $3.25. The best of the light, corn-fed heifer yearlings sold well in line with finished steer yearlings, but they had to be of the baby-beef type. Owing to scarcity of corn-fed cows and a slackened demand for kosher cows due to the approaching Jewish holidays, few heavy cows were good enough to bring $6 at any of the large western markets.

Bulls sold steady to lower at most points, while calves were sharply lower at both Chicago and St. Paul, little changed at Kansas City and St. Louis, and higher at Omaha because of meager receipts.

The demand for stock and feeding cattle, which has been gaining breadth during recent weeks, was comparatively liberal during the closing week of September and the total movement to the country was the largest of the year to date. Except Omaha, where stocker and feeder cattle shared in the general price upturn, prices of such cattle at points under review were at the lowest levels of the year to date. Well-bred yearlings and light feeders were in strongest demand.

With the exception of a few steers on the fat cattle order, few cattle went to the country costing over $6.75. The bulk of the feeder steers sold within a range of $5.25 to $6.25 and stockers largely between $5 and $6. Some of the best stock steers, however, sold right up with the choice heavy feeders and many plain and common light stockers sold downward from $4.50. Kansas City reported a fully steady market for stock cows and heifers with a good many cows going out at $3.50 to $4, and many stock heifers at $4 to $5 with a few as high as $5.50.

RECEIPTS, SHIPMENTS, AND LOCAL SLAUGHTER FOR THE WEEK ENDING OCT. 1.

Markets.

Cattle and calves.

Hogs.

Sheep.

Re-

ceipts.

Ship-

ments.

Local

slaugh-

ter.

Re-

ceipts.

Ship-

ments.

Local

slaugh-

ter.

Re-

ceipts.

Ship-

ments.

Local

slaugh-

ter.

Chicago

79,076

25,332

53,744

126,432

27,148

99,284

148,779

57,903

90,876

Denver[1]

9,482

7,767

2,272

2,793

...

2,675

44,713

34,469

4,086

East St. Louis

30,067

14,640

10,101

48,094

17,536

22,904

7,434

1,081

4,062

Indianapolis[1]

9,533

4,398

4,919

60,437

32,349

27,399

2,823

1,547

1,323

Kansas City

78,446

43,851

31,002

28,914

8,109

20,926

47,121

12,179

24,234

Oklahoma City

7,767

2,509

4,557

4,574

272

4,142

165

...

165

Omaha

35,557

23,657

11,900

30,607

5,687

24,920

126,966

73,496

53,470

St. Joseph[1]

13,639

5,006

9,101

21,122

2,953

17,541

28,565

8,123

17,545

St. Paul[1]

24,301

13,023

12,163

31,339

4,445

27,035

19,209

6,823

12,381

Sioux City

15,032

11,659

4,296

28,068

9,874

16,285

8,242

4,293

4,564

Wichita[1]

7,554

5,422

2,415

4,236

127

4,270

399

251

169

Total

310,456

157,264

146,470

356,616

108,560

267,381

434,416

260,165

222,875

Previous week

324,438

153,997

154,269

373,574

100,615

258,235

403,963

169,947

213,446

[1] Week ending Friday, Sept. 30.

DAILY AVERAGE WEIGHT AND COST OF HOGS FOR WEEK ENDING OCT. 1.

[Price per 100 lbs.]

Mon.

Tues.

Wed.

Thurs.

Fri.

Wt.

Cost.

Wt.

Cost.

Wt.

Cost.

Wt.

Cost.

Wt.

Cost.

Chicago

272

$7.10

255

$7.29

262

$7.31

246

$7.30

246

$7.43

E. St. Louis

195

8.22

188

8.16

188

8.16

204

8.00

209

7.94

Kansas City

209

7.53

209

7.52

209

7.54

225

7.35

221

7.23

Omaha

304

6.41

292

6.61

289

6.84

300

6.44

290

6.96

S. St. Paul

243

6.58

235

6.83

245

6.95

236

6.95

246

7.20

Sat.

This wk.

Last wk.

1 yr. ago.

Wt.

Cost.

Wt.

Cost.

Wt.

Cost.

Wt.

Cost.

Chicago

280

$7.06

259

$7.25

263

$7.42

247

$15.74

E. St. Louis

201

8.10

198

8.10

192

8.17

196

16.35

Kansas City

270

7.33

213

7.46

213

7.77

220

15.79

Omaha

292

6.41

294

6.55

299

6.86

273

15.72

S. St. Paul

211

7.02

240

6.86

236

7.16

...

...

The above prices are computed on packer and shipper purchases.

Hogs.—The hog market had a fairly healthy tone and the erratic fluctuations which marked the trade for several weeks previous were, for the most part, missing. While during the preceding week, average cost of hogs at the markets under review showed a decrease, Chicago prices dropping to the lowest levels since early in 1916, closing prices of the week under review were generally 10¢ to 15¢ higher than the previous week-end. A broader eastern demand was partly responsible for the advance.

While the proportion of new crop hogs showed a seasonal increase at practically all points, the continued heavy receipts of packing sows caused considerable comment. Traders at Chicago do not recall any recent period when receipts at this time of the year carried so large a percentage of packing sows as do current offerings. Packing sows were of almost uniformly good quality, many of them being almost as smooth as barrows. Several of the smaller packers at Chicago turned from heavy barrows to good and choice sows.

Many of the new-crop hogs showed very little finish and buyers complained that many were “dopey” apparently suffering from the effects of initial rations of new corn. On almost every day butcher hogs averaging 200 lbs. to 240 lbs. sold at top prices at Chicago, while the 160-lb. to 170-lb. kinds closed considerably under top quotations.

The closing top at Chicago was $8.30 with the average cost that day $7.06. The average cost of packing and shipping droves for the week at that point was $7.25, with the average weight at 259 lbs., the lightest since the week ending Aug. 6. The closing top at East St. Louis was $8.35, at Kansas City $7.65, at Omaha $7.75, and at St. Paul $7.60.

SHEEP AND LAMB TRADE IMPROVED.

Sheep.—Considering supplies, which at leading western markets were the heaviest of the year, sheep and lamb trade during the final week of September showed some improvement. Receipts at Chicago were larger than during any previous week since 1919 and range lambs, carrying the largest proportion of feeders of the season, were greatly in the majority.

In the fat classes, supply and demand were evenly balanced and as the feeder outlet developed considerable breadth, closing prices on all classes were practically steady with the close of the week previous.

Sheep were generally steady at all points except Kansas City, where prices worked 25¢ to 50¢ higher on fat classes. Fat lambs closed lower for the week at Omaha and higher at East St. Louis but were little changed elsewhere. Feeder classes sold steady to somewhat higher at all points. The range movement started early this summer and the early season output of feeders was small.

Opening, Oct. 3.—Beef steers were strong to 25¢ higher at Chicago with desirable corn-feds gaining most. River markets were generally steady to strong on corn-feds and slow to lower on grassers. The week opened with a big run of 35,000 cattle at Kansas City. Chicago’s receipts at 20,000 cattle were well below expectations and the supply of good corn-fed cattle showed a marked decrease. Top yearlings reached $11.15 at Chicago, the highest point reached since early in January and within 10¢ of the top for the year on yearlings.

With receipts moderate, hog prices were generally strong to 15¢ higher. East St. Louis reported a 15¢ to 25¢ advance with top hogs at $8.55. At Chicago the top was $8.45 and at Omaha $8, at Kansas City $7.90 and at St. Paul $7.50.

Fat sheep and lambs opened generally steady to 25¢ higher. Western fat lambs topped at $9 at Chicago, $8.50 at Omaha, and $8.40 at Kansas City. Fat natives reached $8.50 at Chicago. The fat ewe top was $4.75 at Chicago, $4.50 at East St. Louis, and $4.25 at Omaha. Best feeder lambs brought $7.25 at Chicago on a firm market and $7 at Omaha.

LIVE STOCK PRICES, TUESDAY, OCT. 4.

[Per 100 lbs.]

Chicago.

East

St. Louis.

Kansas

City.

Omaha.

St. Paul.

HOGS.

Top

$8.55

$8.65

$8.10

$8.10

$7.75

Bulk of sales

6.65

-

8.40

8.25

-

8.65

7.25

-

8.00

6.25

-

7.50

6.50

-

7.75

Heavy (250 lbs. up), medium-choice

7.60

-

8.40

7.50

-

8.55

7.15

-

8.00

6.75

-

7.50

6.75

-

7.50

Medium (200-250 lbs.), common-choice

8.20

-

8.50

8.40

-

8.65

7.35

-

8.10

7.00

-

8.00

6.85

-

7.75

Light (150-200 lbs.), common-choice

7.85

-

8.50

8.25

-

8.65

7.00

-

8.10

7.35

-

8.10

7.35

-

7.75

Light lights (130-150 lbs.), common-choice

7.65

-

8.20

8.15

-

8.50

6.75

-

7.85

...

...

Packing sows (250 lbs. up), smooth

6.65

-

7.25

6.25

-

6.75

6.25

-

7.00

6.15

-

6.65

6.25

-

6.85

Packing sows (250 lbs. up), rough

6.25

-

6.65

5.75

-

6.25

5.50

-

6.25

5.75

-

6.15

6.00

-

6.40

Pigs (150 lbs. down), common-choice

7.10

-

7.75

7.65

-

8.30

...

...

...

Stock pigs (130 lbs. down)

...

6.75

-

8.25

6.50

-

8.35

7.00

-

8.00

7.50

-

8.25

CATTLE.

Beef steers:

Medium and heavy (1,100 lbs. up)—

Choice and prime

8.85

-

10.90

8.75

-

10.00

8.50

-

10.00

8.50

-

9.75

...

Good

8.25

-

9.65

8.25

-

9.25

7.00

-

9.00

7.75

-

8.50

7.75

-

8.75

Medium

6.00

-

8.75

5.25

-

8.25

5.25

-

7.25

5.50

-

7.75

6.00

-

7.75

Common

5.00

-

6.00

4.50

-

5.25

4.35

-

5.25

4.25

-

5.50

4.25

-

5.75

Light weight (1,100 lbs. down)—

Choice and prime

10.25

-

11.25

9.75

-

11.00

9.50

-

10.35

9.75

-

10.75

...

Good

9.00

-

10.25

8.50

-

9.75

7.10

-

9.50

7.50

-

9.75

8.50

-

9.50

Medium

6.00

-

9.00

4.75

-

8.50

5.00

-

7.40

5.25

-

7.50

6.00

-

8.50

Common

4.75

-

6.00

4.00

-

4.75

4.00

-

5.00

4.00

-

5.25

4.00

-

6.00

Butcher cattle:

Heifers, common-choice

4.25

-

9.25

4.25

-

10.50

3.75

-

8.00

4.00

-

8.75

3.50

-

8.75

Cows, common-choice

3.50

-

6.75

3.25

-

6.00

3.35

-

5.50

3.75

-

6.50

3.00

-

6.50

Bulls, bologna, and beef

3.65

-

6.35

3.25

-

6.25

3.00

-

5.25

3.00

-

6.25

2.75

-

5.50

Canners and cutters:

Cows and heifers

2.50

-

3.50

2.25

-

3.50

2.00

-

3.35

2.25

-

3.75

1.75

-

3.00

Canner steers

3.00

-

3.50

2.50

-

3.00

2.50

-

3.25

2.50

-

3.75

2.25

-

3.00

Veal calves:

Light and medium weight, medium-choice

5.50

-

11.50

6.00

-

11.50

7.00

-

10.00

7.00

-

10.00

5.00

-

9.50

Heavy weight, common-choice

3.50

-

7.00

3.00

-

7.00

3.00

-

6.50

3.50

-

7.25

3.00

-

6.00

Feeder steers:

1,000 lbs. up, common-choice

5.00

-

6.75

5.00

-

6.50

4.60

-

7.00

5.00

-

7.25

3.75

-

6.25

750-1,000 lbs., common-choice

4.85

-

6.50

4.50

-

6.50

4.50

-

6.90

4.75

-

7.00

3.50

-

6.00

Stocker cattle:

Steers, common-choice

3.75

-

6.50

3.50

-

6.50

3.40

-

6.65

3.75

-

7.00

3.25

-

6.00

Cows and heifers, common-choice

3.25

-

4.75

2.50

-

5.50

2.50

-

5.50

2.75

-

5.50

2.50

-

4.00

Calves:

Good and choice

...

5.25

-

6.25

5.50

-

6.50

5.75

-

7.25

...

Common and medium

...

4.00

-

5.00

3.25

-

5.25

3.75

-

5.75

...

SHEEP.

Lambs:

84 lbs. down, medium-choice

7.25

-

9.25

6.75

-

8.75

7.25

-

8.75

7.25

-

8.75

6.25

-

8.00

Culls and common

4.75

-

7.25

4.00

-

6.50

4.00

-

7.00

4.75

-

7.00

3.00

-

6.00

Feeding lambs

6.00

-

7.25

...

5.25

-

7.00

6.00

-

7.25

4.50

-

6.50

Yearlings, wethers, medium-prime

5.00

-

7.00

4.50

-

6.00

4.50

-

6.25

5.00

-

6.25

4.50

-

6.25

Wethers, medium-prime

4.00

-

5.50

3.50

-

5.00

4.00

-

5.25

4.00

-

5.00

3.25

-

4.75

Ewes:

Medium-good and choice

3.00

-

5.00

3.00

-

4.00

3.25

-

4.60

3.25

-

4.50

2.75

-

4.00

Culls and common

1.50

-

2.75

1.00

-

2.75

1.00

-

3.00

1.50

-

3.00

1.00

-

2.75

Breeding ewes (full mouths to yearlings)

3.25

-

6.25

...

3.50

-

5.75

3.50

-

5.25

...

Feeding ewes

...

...

...

2.75

-

3.50

...

WHOLESALE PRICES OF WESTERN DRESSED MEATS, TUESDAY, OCT. 4.

[Per 100 lbs.]

Chicago.

New York.

Oct. 4.

Sept. 27.

Sept. 6.

Oct. 4.

Sept. 27.

Sept. 6.

Fresh beef:

Steers—

Choice

$16.50

-

17.50

$16.50

-

17.00

$17.00

-

17.50

$17.00

-

19.00

$17.00

-

19.00

$18.00

-

19.00

Good

15.50

-

16.50

15.50

-

16.50

15.50

-

16.50

14.00

-

16.00

14.00

-

16.00

15.00

-

17.00

Medium

12.00

-

14.00

12.00

-

14.00

11.50

-

14.00

11.00

-

13.00

12.00

-

13.50

13.00

-

14.00

Common

8.50

-

10.00

8.50

-

10.00

8.50

-

10.50

9.00

-

10.00

10.00

-

11.00

9.00

-

12.00

Cows—

Good

11.50

-

12.00

11.50

-

12.00

11.00

-

11.50

...

10.00

-

11.00

11.00

-

12.00

Medium

10.00

-

11.00

10.00

-

11.00

9.50

-

10.50

9.00

-

10.00

9.00

-

10.00

9.00

-

10.00

Common

8.00

-

9.00

7.50

-

9.00

8.00

-

9.00

8.00

-

9.00

8.00

-

9.00

8.00

-

9.00

Bulls—

Common

7.75

-

8.25

7.75

-

8.25

7.50

-

8.00

8.00

-

9.00

8.50

-

9.00

7.00

-

7.50

Fresh lamb and mutton:

Lamb—

Choice

17.00

-

18.00

18.00

-

19.00

19.00

-

20.00

18.00

-

19.00

19.00

-

20.00

20.00

-

21.00

Good

15.00

-

16.00

16.00

-

17.00

17.00

-

18.00

16.00

-

17.00

16.00

-

18.00

19.00

-

20.00

Medium

13.00

-

14.00

14.00

-

15.00

15.00

-

16.00

15.00

-

16.00

15.00

-

16.00

16.00

-

18.00

Common

10.00

-

12.00

10.00

-

12.00

12.00

-

14.00

10.00

-

14.00

10.00

-

14.00

10.00

-

15.00

Mutton—

Good

9.00

-

10.00

9.00

-

10.00

10.50

-

11.00

11.00

-

12.00

12.00

-

13.00

11.00

-

13.00

Medium

7.00

-

8.00

7.00

-

8.00

9.00

-

10.00

10.00

-

11.00

10.00

-

11.00

10.00

-

11.00

Common

6.00

-

7.00

6.00

-

7.00

6.00

-

8.00

7.00

-

9.00

7.00

-

9.00

5.00

-

9.00

Fresh veal:

Choice

19.00

-

20.00

19.00

-

21.00

20.00

-

22.00

21.00

-

22.00

23.00

-

25.00

25.00

-

26.00

Good

16.00

-

18.00

17.00

-

19.00

19.00

-

20.00

18.00

-

20.00

19.00

-

21.00

22.00

-

24.00

Medium

13.00

-

15.00

12.00

-

14.00

16.00

-

18.00

14.00

-

17.00

15.00

-

18.00

19.00

-

20.00

Common

9.00

-

12.00

8.00

-

11.00

12.00

-

15.00

8.00

-

10.00

9.00

-

12.00

14.00

-

17.00

Fresh pork cuts:

Loins—

8-10 lbs. average

24.00

-

26.00

25.00

-

27.00

29.00

-

30.00

27.00

-

28.00

23.00

-

30.00

29.00

-

30.00

10-12 lbs. average

20.00

-

22.00

21.00

-

23.00

27.00

-

28.00

25.00

-

26.00

27.00

-

20.00

26.00

-

28.00

12-14 lbs. average

18.00

-

20.00

18.00

-

20.00

22.00

-

25.00

21.00

-

23.00

24.00

-

25.00

23.00

-

25.00

14-16 lbs. average

16.00

-

18.00

16.00

-

18.00

19.00

-

21.00

18.00

-

20.00

18.00

-

20.00

20.00

-

21.00

16 lbs. and over

12.00

-

15.00

13.00

-

15.00

15.00

-

18.00

15.00

-

18.00

16.00

-

18.00

17.00

-

18.00

Shoulders—

Skinned

13.00

-

14.00

14.00

-

15.00

14.50

-

15.00

14.00

-

15.00

15.00

-

16.00

15.00

-

16.00

Picnics—

4-6 lbs. average

10.50

-

11.00

11.00

-

11.50

12.00

-

12.50

...

...

...

6-8 lbs. average

10.00

-

10.50

10.00

-

11.00

11.00

-

12.00

11.00

-

12.00

11.00

-

12.00

13.00

-

14.00

Butts—

Boston style

16.00

-

17.00

16.00

-

17.00

18.00

-

20.00

18.00

-

19.00

18.00

-

20.00

17.00

-

18.00

MEAT TRADE NARROW DURING MOST OF SEPTEMBER.

Fairly Good Demand Early in Month Not Sustained—Week-End Accumulations Frequent.

Fresh-meat trade during September was narrow and movements into consumptive channels were considerably less than during August, except for a short period at the beginning of the month when there was a fairly good demand for all classes. Although receipts of some classes were less than normal, week-end accumulations in wholesale markets were frequent and as a rule sharp declines followed.

Supplies of beef at eastern markets were approximately 8,250,000 lbs., or 13,800 carcasses less than a year ago. Veal supplies decreased 6,300 carcasses and mutton 32,000 carcasses. Lamb increased 63,000 carcasses, or 2,500,000 lbs. At eastern points the decrease in supplies of fresh pork from locally slaughtered hogs was more than offset by increased shipments from middle western packing centers and a net increase of 110,000 lbs. for the month was shown.

BEEF TRADE UNIMPROVED.

Beef.—Improved trade conditions which were expected to follow cooler weather did not materialize. Average weekly supplies were less than for several months past, but the demand was curtailed to an even greater extent. With liberal quantities of low-grade beef offered at packing centers, increased supplies of sausage material were available, and prices in most cases were fully 50% below those prevailing a year ago. Comparatively little choice beef was offered at any of the markets, and when it appeared in the form of heavy carcasses it was hard to move, selling only at a heavy discount. Carcasses weighing from 450 to 600 lbs. were the kind most in demand.

With supplies at eastern markets consisting chiefly of medium to good grass-fed steers, prices were uneven and during most of the month tended downward. Boston was relatively steadier than other eastern markets and closed only about $1 lower, while New York and Philadelphia registered sharp weekly fluctuations and closed unevenly $1 to $2 net lower. Although the demand at Chicago was again narrow and showed no apparent improvement over that of the preceding month, price changes were slight. To some extent this was caused by local conditions and the ability to adjust supplies to the demand.

Cow beef constituted a relatively small proportion of the offerings at all markets, and was materially less in quantity than at the same time a year ago. Markets were not generally supplied with bulls, and in most cases daily receipts were insufficient to justify quotations.

While kosher beef markets registered slight weekly fluctuations, the range of prices generally was steady, though somewhat higher than in August. The better grades were in best demand. Because of the near approach of Yom Kippur and other Jewish holidays, kosher killing was discontinued during the closing days of September and any surplus supplies were offered for sale to the regular trade.

Veal.—Liberal offerings of heavy veal carcasses, most of which were of undesirable quality, had a depressing effect on prices in general. Milk-fed veal was scarce, but when available found ready sale at firm prices. Receipts at eastern markets were 6,300 carcasses less than during the corresponding month a year ago, but were more than the trade required. Price ranges were materially widened, with the trend upward during the first week, but sharply downward through the remainder of the month. All markets were similarly affected. Closing prices at eastern markets were unevenly $2 to $3 lower than the opening, with common and medium grades registering the greatest decline. Choice veal at Chicago closed steady to $1 higher, with other grades mostly $2 lower than the opening.

LAMB TRADE CHAOTIC.

Lamb.—With continued heavy receipts of lambs at live-stock centers, the dressed trade was in a chaotic condition. Although estimated receipts of lamb at seven of the principal live-stock markets showed a decrease of 12% as compared with the same month one year ago, liberal offerings of Canadian lambs at eastern markets more than offset the decrease and intensified the already existing unsettled condition. This, together with the continued unequal demand, assisted in pushing prices of the dressed product below the low point reached in February of the present year. Total supplies at eastern markets exceeded those of the same period a year ago by 2,500,000 lbs., and fluctuations on the different grades amounted to $6.

While Chicago registered smaller fluctuations the trend was steadily downward and closing prices were $2 to $3 below the opening. Although closing prices at eastern markets were slightly above the low spot for the month, trade conditions at the close were generally unsatisfactory to the selling side. At the beginning of the month cold storage holdings were 820,519 lbs. less than a month earlier, but were still considerably above the season’s average during prewar years.

Mutton.—Receipts of mutton at eastern markets decreased 32,000 carcasses as compared with the same period a year ago. This reduction, together with a general improvement in quality over that of the previous month, was the principal factor contributing to a generally steady market in the East, particularly during the last half of the month. With supplies at Chicago consisting largely of heavy bucks and ewes and practically no handyweight wethers, that market declined sharply and closed $1.50 to $2 below the opening.

Pork.—Conditions in the fresh-pork trade were generally unsettled. Sharp weekly fluctuations caused by erratic advances on Mondays, which could not be maintained through the week, were an outstanding feature of the month’s trade at some markets. Supplies of loins at eastern markets were practically the same as a year ago and consisted mostly of frozen or chilled stock, for which there was an uneven demand. The latter sold at a wide range of prices and unevenly $4 to $10 below corresponding averages of fresh loins. Closing prices at eastern markets were only slightly changed from the opening, some averages being 50¢ to $1 lower.

Conditions at Chicago, which has been the high market during the past two months, were materially changed and declines equaling the advances of late July were registered during the last half of September. From the high point of $32 on light average loins, prices had dropped to $26 at the close. Heavier average loins registered similar declines. Shoulder cuts were relatively more stable but were mostly $1 to $1.50 off at the close.

Cured pork and lard.—The domestic demand for cured pork cuts and lard, while fair for the season, was not of sufficient volume to offset the decline in live-stock markets and prices registered sharp declines. Dry salt meats and lard were in relatively better demand than hams, bacon, and picnics, and showed proportionately smaller declines. At the close wholesale prices of hams at Chicago were off $3 to $3.50, bacon $2 to $2.50, and picnics $1.50 to $2. The net decline on lard amounted to 75¢, dry salt backs 50¢ to 75¢, and dry salt bellies about $1. Reacting from the general upward trend of prices during August, compound lard markets were weak and closing prices were unevenly 75¢ to $1.50 under the opening.

STOCKER AND FEEDER SHIPMENTS.

Week ending Friday, Sept. 30.

Cattle

and

calves.

Hogs.

Sheep.

Market origin:

Chicago

11,838

...

41,892

East St. Louis

6,799

551

1,289

Fort Worth

3,097

353

177

Indianapolis

1,675

537

262

Kansas City

26,728

2,428

10,674

Oklahoma City

2,504

272

...

Omaha

21,578

...

54,992

St. Joseph

3,611

145

8,148

St. Paul

9,745

204

3,837

Sioux City

11,497

2,223

5,651

Wichita

2,605

127

...

Total

101,677

6,840

126,922

Previous week

93,564

5,770

80,524

Same week last year

109,142

8,795

168,815

State destination:

Arkansas

30

146

...

California

364

...

...

Georgia

78

...

...

Idaho

2

...

...

Illinois

16,394

1,016

18,285

Indiana

5,966

537

13,297

Iowa

21,252

2,564

27,640

Kansas

6,823

538

1,482

Kentucky

715

...

1,671

Maryland

162

...

656

Massachusetts

24

...

...

Michigan

1,160

...

9,696

Minnesota

1,899

642

3,931

Missouri

13,765

431

15,310

Nebraska

17,666

563

24,891

New Jersey

19

...

...

New York

...

...

884

Ohio

4,112

216

4,607

Oklahoma

3,571

126

...

Pennsylvania

4,490

...

...

South Dakota

1,201

...

1,877

Tennessee

26

...

...

Texas

1,190

61

177

Virginia

25

...

...

West Virginia

56

...

...

Wisconsin

687

1,866

2,518

Total

101,677

6,840

126,922

Iowa led all other States in the number of telephones on farms reported to the Census Bureau on Jan. 1. A total of 2,508,002 farms or 38.9% of all farms in the country, had telephones.

List of Brazilian Live-stock Raisers and Breeders Available for Distribution.

A list containing the names and addresses of 10,000 live-stock raisers and breeders has just been received from the Minister of Agriculture of Brazil. The list also gives the number of animals owned by each producer. The total number of animals represented is 5,227,113.

Of the 10,000 breeders, 1,092 have 1,000 to 5,000 animals; 107 have between 5,000 and 10,000; and 39 have more than 10,000. Three of this latter group have 34,000 animals and one has 85,000. This list has been classified according to the number of animals owned, made up in mimeographed form, and will be sent to interested parties upon request. The list does not show the breed or kind of live stock grown.

Similar lists of breeders in Uruguay, Argentina, Colombia, and Mexico are also available. The list of Uruguayan breeders includes only those who have pure-bred animals and does not give the number owned. They are classified according to the breed raised. The list of Argentine breeders consists of the exhibitors at the Palermo show.

Argentine Exports of Chilled Beef, Frozen Mutton and Lamb Increase.

The exports of frozen beef from Argentina during the first seven months of 1921 show a decrease of 3,154,275 quarters, compared with the exports during the corresponding months of 1920, according to statistics compiled by the Review of the River Plate. The exports of chilled beef during the same period increased 601,096 quarters; exports of frozen mutton and lamb increased 1,011,754 and 355,593 carcasses, respectively.

The United Kingdom furnished the chief market for all of the frozen and chilled meats exported from Argentina during the seven months’ period, taking 1,582,035 quarters of frozen beef, 772,162 quarters of chilled beef, 1,468,466 carcasses of frozen mutton, and 586,123 carcasses of frozen lamb.

The following table shows the exports of frozen and chilled beef and frozen mutton and lamb from Argentina for the first seven months of 1921 as compared with the same period in the five preceding years:

First 7

months

of—

Frozen

beef.

Chilled

beef.

Frozen

mutton.

Frozen

lamb.

Quarters.

Quarters.

Car-

casses.

Car-

casses.

1916

2,465,408

450,628

933,964

393,116

1917

2,935,365

373,083

664,540

314,435

1918

3,249,649

23,544

546,161

120,012

1919

2,851,533

74,598

826,958

131,826

1920

5,344,635

183,114

594,727

260,943

1921

2,189,360

784,210

1,606,481

616,536

CHICAGO WHOLESALE PRICES OF CURED PORK AND PORK PRODUCTS.

[Per 100 lbs.]

Sept. 30.

Sept. 23.

Sept. 2.

Hams, smoked, 14-16 average

$23.50

-

24.00

$24.00

-

25.50

$27.00

-

29.00

Hams, fancy 14-16 average

26.00

-

26.75

26.00

-

28.00

30.00

-

31.50

Picnics, smoked, 4-8 average

12.50

-

15.00

12.50

-

14.50

14.50

-

16.00

Bacon, breakfast, 6-8 average

23.50

-

24.50

24.00

-

24.50

25.00

-

27.00

Bacon, fancy, 6-8 average

34.00

-

35.00

33.00

-

35.50

34.00

-

38.00

Bellies, D. S., 14-16 average

14.75

-

10.00

13.75

-

15.75

15.00

-

15.50

Backs, D. S., 14-16 average

11.75

-

12.25

10.25

-

11.75

11.00

-

11.50

Pure lard, tierces

11.50

-

13.75

13.00

-

13.75

13.00

-

14.50

Compound lard, tierces

12.00

-

13.00

12.25

-

12.75

11.00

-

12.00

COLD STORAGE HOLDINGS OF FISH, SEPT. 15.

[Thousands of pounds, i. e., 000 omitted.]

Varieties.

Sept.

15,

1921.

Sept.

15,

1920.

Aug.

15,

1921.

Aug.

15,

1920.

Frozen

since

Aug.

15,

1921.

FROZEN FISH.

Bluefish

442

256

282

211

180

Butterfish

422

615

255

489

203

Ciscoes

5,841

4,999

4,444

2,152

1,875

Cod, bake, pollack

1,865

2,578

1,878

2,113

95

Croakers

345

709

331

281

93

Halibut

9,125

10,340

7,693

8,630

1,363

Herring

3,870

5,405

3,715

5,480

632

Lake trout

1,043

555

991

554

93

Mackerel

1,603

2,678

1,696

3,015

105

Rock fishes

69

200

69

185

4

Sablefish

978

834

600

597

339

Salmon, fall

836

891

759

815

65

Salmon, silver

1,064

540

631

414

453

Salmon,other

5,262

3,248

3,419

2,281

1,664

Sea bass

61

109

68

122

4

Shad

349

502

325

474

28

Shad roe

43

43

45

49

...

Smelts, eulachon, etc.

335

116

272

101

65

Squid

3,017

2,163

3,177

910

53

Weakfish

1,755

493

1,640

449

190

Whitefish

1,782

1,016

1,587

624

207

Whiting

5,258

9,649

4,974

8,630

464

Miscellaneous

9,226

8,453

8,580

8,565

1,181

Total

54,591

56,297

47,431

47,141

9,356

CURED FISH.

Herring

16,207

22,752

11,913

22,111

...

Mild cured salmon

6,855

8,275

6,165

8,149

...

Canadian Livestock Marketing Costs.

“It has been announced in the press that Quebec farmers are receiving a few dollars only for grass-fed calves, and from $10 up for cows, steers, etc.,” reports the American vice consul at Montreal. “The farmer sells his steer to the drover for 5¢ a lb. on the hoof. The latter sells to the abattoir for 6¢, and, after he has paid his overhead expenses, freight, shrinkage, etc., he makes an average of about $5 on each animal. The abattoir figures on a profit of about $6 on an average steer. There is little or no profit made on the forequarters, and for this the hind-quarters must compensate.”

ANIMALS SLAUGHTERED UNDER FEDERAL INSPECTION DURING AUGUST.

Station.

Cattle.

Calves.

Sheep.

Goats.

Swine.

Chicago

138,496

34,538

293,516

...

433,823

Fort Worth

33,713

40,516

13,549

39

27,079

Kansas City

98,897

26,647

104,831

36

167,034

National Stock Yards

24,516

11,105

48,312

16

72,874

Omaha

61,634

4,573

184,687

...

123,089

St. Louis

16,788

4,965

10,663

...

104,840

Sioux City

16,637

1,137

10,883

...

72,845

South St. Joseph

23,797

5,962

58,814

13

105,624

South St. Paul

19,426

21,513

33,177

...

96,357

All other establishments

246,515

152,840

478,560

97

1,326,894

Total:

August, 1921

680,419

303,796

1,236,992

201

2,530,459

August, 1920

685,763

332,349

1,041,580

1,750

2,190,821

8 months ending August, 1921

4,907,174

2,526,022

8,540,072

3,240

26,440,048

8 months ending August, 1920

5,413,781

2,835,457

6,862,931

28,826

26,239,384

Horses slaughtered at all establishments, 175; Inspections of lard prepared at all establishments, 126,026,473 lbs.; compound and other substitutes, 29,823,542 lbs. Corresponding inspections for August, 1920: Lard, 96,527,453 lbs.; compound and other substitutes, 28,322,618 lbs.

Fruits and Vegetables

HEAVY PRODUCE MOVEMENT SENDS PRICE TREND DOWNWARD.

Potato Shipments Double Those of Preceding Week—Total Movement Near Peak of Season.

Potato prices declined during the week ending Oct. 3 under the heaviest movement of the season. Prices of cabbage and sweet potatoes were lower. Apple prices showed a weaker tone. Other lines were fairly steady. Total shipments of leading lines for the week were 24,033 cars, or about one-third more than during the preceding week. During the corresponding week last year 17,283 cars were moved. The heaviest week’s movement last season was during Oct. 12 to 18, with 27,171 cars.

POTATO SHIPMENTS HEAVY.

Potatoes.—Potato shipments reached 10,001 cars during the week ending Oct. 1, thereby increasing the season’s total shipments to 80,560 cars as compared with 65,833 cars moved last year to the same date. The week’s shipments nearly doubled those of last week which were 5,824 cars. Minnesota, the heaviest contributing State, shipped 2,573 cars, North Dakota 1,656 cars, and Maine 1,010 cars. Markets were heavily supplied, demand was slow and prices declined, but strengthened at the close. New York Round Whites declined 25¢ to a close of $1.75 per 100 lbs. sacked f. o. b. shipping points and ranged 40¢ to 50¢ lower in Pittsburgh at $2 to $2.10. Bulk stock declined 25¢ to 50¢ in Philadelphia to a range of $1.75 to $2 the middle of the week, but recovered at the close and ruled $2.15, a net loss of 10¢ from last week’s price.

Northern Round Whites declined 70¢ in the Chicago carlot market, to a range of $1.65 to $1.85, but strengthened to a close of $1.90 to $2. In producing sections, prices declined 20¢ to 35¢ during the week, ranging $1.45 to $1.80, but closed stronger at $1.60 to $1.90 f. o. b. Idaho Rurals ruled 25¢ lower at $1.10 f. o. b. shipping points. Maine Irish Cobblers followed the general trend, showing a net loss at shipping points of 25¢ and closing at $1.11 to $1.21 per 100 lbs., bulk f. o. b. Green Mountains declined 10¢ to 20¢ and closed at $1.26 to $1.41. Cobblers declined 15¢ to 25¢ in consuming markets, bulk stock ranging $1.65 to $1.85 in New York and sacked stock $1.75 to $1.85 in Boston.

Sweet potatoes.—Sweet potato markets were well supplied, demand was slow to moderate and prices weakened. More than half the week’s supply in city markets was furnished by Virginia, now the leading shipping State. Yellow varieties from the Eastern Shore lost $1.25 in New York City, closing weak at $2.75 to $3 per bbl. This stock ranged $4 to $4.50 in Chicago and $4 to $4.25 in other markets. Tennessee Nancy Halls declined 10¢ to 30¢ in Chicago to a range of 90¢ to $1.15 per bushel hamper, but were firm in St. Louis at $1.15. New Jersey yellow varieties were about steady in New York at $1.50 to $1.60 per bushel hamper and in Pittsburgh at $2, but weakened slightly in Chicago to a range of $1.90 to $2.15.

Apples.—Apple markets were well supplied, demand was slow to moderate, and prices show some declines. New York Baldwins, A2^1⁄2, were steady at $6.50 to $7 per bbl. in New York, $7 to $7.50 in Philadelphia, and sold in Boston at $2.10 to $2.15 per bu. box. This stock closed 25¢ higher at $6.25 f. o. b. shipping points. New York Rhode Island Greenings declined 50¢, closing at $7.50 to $8.25 in Chicago, and at $8 to $9 in New York. Northwestern Extra Fancy Jonathans were firm early in the week in New York City at $4.75 to $5 per box, but declined to a close of $4 to $4.25. Total shipments of apples from all sections for the season were 17,288 cars, or slightly more than for last season to the same date. Boxed apple shipments were 3,568 cars, or nearly double last week’s movement and more than three times as heavy as for the same week a year ago. Washington with 1,864 cars exceeded last week’s entire boxed apple movement of 1,846 cars. Barreled apple shipments were 2,348 cars compared with 2,771 a year ago. New York, the heaviest shipping section, sent 1,301 cars.

Onions.—Demand for onions was slow and markets were dull in the East. Chicago held steady. Eastern yellow Globes No. 1 were firm in New York the middle of the week at $3.75 to $4 per 100 lbs. sacked, but declined later, reaching $3.25 to $3.50. Other markets were firm at $3.75 to $4. Middle western yellow stock strengthened in New York and Cincinnati, ranging $4 to $4.25, and declined 25¢ in Pittsburgh, clos- $3.75 to $4. California yellow and brown varieties were steady in Chicago at $4.25 to $4.50.

Cabbage.—Markets for cabbage were dull in producing sections, with slow demand and movement. New York Danish type stock declined $2, ranging $30 to $33 per ton bulk f. o. b.; domestic closed slightly higher than last week at $23 to $25. A decline of about $10 occurred in consuming markets. Domestic stock closed at $30 to $35 in New York and at $20 to $25 in Philadelphia. Northern Danish held steady in Chicago at $35 and at $40 in St. Louis. Cabbage shipments for the week were 682 cars, exceeding those for the same time last year, but showing a decrease from last week’s movement. New York shipped 197 cars, Wisconsin 177, and Colorado 154.

CARLOAD SHIPMENTS OF FRUITS AND VEGETABLES.

Commodity.

Week of

Sept. 25

to

Oct. 1.

September.

August.

July.

Season

to Oct. 1.

1921

1920

1921

1920

1921

1920

1921

1920

1921

1920

Apples:

Boxed

3,568

1,109

6,188

2,048

1,005

846

368

278

8,277

3,440

Barreled

2,348

2,771

5,692

8,995

2,215

2,854

659

1,560

9,061

13,824

Cabbage

682

522

2,514

1,791

1,293

993

416

507

17,396

17,691

Cantaloupes

113

259

2,091

2,784

5,917

6,771

8,016

5,284

24,538

22,316

Celery

145

113

445

420

219

150

98

68

4,958

3,633

Grapes

4,316

3,466

15,496

12,001

2,810

4,647

363

366

19,332

17,652

Lettuce

300

132

1,280

832

1,113

934

1,377

980

16,453

11,847

Onions

730

932

3,074

3,674

1,816

1,899

1,403

1,031

11,758

13,344

Peaches

41

1,795

4,921

10,528

6,937

6,284

8,673

6,881

25,967

25,474

Pears

546

786

3,793

4,850

5,089

3,079

1,461

2,417

10,458

10,462

Potatoes:

Sweet

692

531

2,799

2,840

1,860

665

225

92

5,038

3,656

White

10,001

4,055

24,707

18,057

15,639

13,583

16,513

15,621

80,560

65,833

Tomatoes

387

692

2,468

3,434

995

1,604

1,644

2,180

15,074

13,652

Watermelons

91

92

1,788

2,174

11,435

10,299

19,206

20,199

44,172

39,109

Vegetables (mixed)

309

233

1,323

947

1,380

972

1,369

719

12,340

9,453

Total

24,269

17,488

78,579

75,375

59,723

55,580

61,791

58,183

305,382

271,386

PRICES OF FRUITS AND VEGETABLES.

Jobbing Range.

POTATOES, Eastern and Northern Round-Whites,

No. 1, per 100 lbs. sacked.

Market.

Car-

loads

re-

ceived.

This season.

One year ago.

Oct. 3

Sept. 26.

New York

428

[1] $1.65

-

$1.80

[1] $2.20

-

$2.30

[2] $1.70

-

$1.80

Boston

270

[1] 1.75

-

1.85

[1] 2.00

[1] 1.75

-

1.85

Philadelphia

202

[1] 2.00

-

2.15

2.25

2.00

Pittsburgh

178

2.00

-

2.10

2.50

2.50

-

2.65

Cincinnati

69

2.35

2.50

-

2.65

2.35

Chicago

701

[3] 1.90

-

2.00

[3] 2.35

-

2.50

[3] 2.00

-

2.25

St. Louis

99

[4] 2.25

-

2.30

[4] 2.50

-

2.65

2.30

-

2.40

Kansas City

217

[4] 2.00

-

2.10

[4] 2.30

[4] 1.75

-

2.00

SWEET POTATOES, Virginia Eastern Shore

Yellow Varieties, Barrels.

New York

109

$2.75

-

$3.00

$3.50

-

$4.00

$3.75

-

$4.25

Boston

32

4.00

-

4.25

4.00

-

4.25

4.25

-

4.50

Philadelphia

1

4.00

3.25

...

Pittsburgh

28

4.00

-

4.15

4.00

4.25

-

4.50

Cincinnati

11

4.00

-

4.25

4.25

-

4.50

4.00

-

4.25

Chicago

41

4.00

-

4.50

4.50

-

4.75

4.25

-

4.75

St. Louis

1

[5] 1.15

[5] 1.10

-

1.15

[5] 1.25

Kansas City

...

[5] 1.00

-

1.10

[5] 1.15

-

1.25

...

ONIONS, Eastern and Middle Western

Yellow Globes, No. 1, per 100 lbs. sacked.

New York

99

$3.25

-

$3.50

$3.50

-

$3.75

$1.75

-

$1.90

Boston

30

3.75

3.50

-

3.75

1.50

-

1.60

Philadelphia

30

4.00

3.25

-

4.00

1.25

-

1.60

Pittsburgh

40

3.75

-

4.00

3.75

-

4.25

1.50

-

1.75

Cincinnati

9

4.25

3.75

-

4.25

1.50

Chicago

90

3.75

-

4.00

3.50

-

3.75

1.75

-

1.90

St. Louis

29

[6] 3.50

-

3.75

[6] 3.75

[6] 1.85

-

2.00

Kansas City

30

[6] 3.00

-

3.25

[6] 2.25

[6] 1.75

CABBAGE, New York and Northern Domestic,

per Ton Bulk.

New York

29

$30

-

$35

$40

...

Philadelphia

26

15

-

20

$30

-

35

$10

-

$13

Pittsburgh

12

[7] 2.00

-

2.25

[7] 2.00

-

2.25

20

Cincinnati

10

24

-

25

35

-

40

18

-

20

Chicago

38

[8] 35

24

-

25

8

-

9

St. Louis

57

[8] 40

35

-

40

30

-

35

Kansas City

48

[7] 1.75

[7] 2.25

[7] 1.50

APPLES, New York and Maine Baldwins and Fall

Varieties, A2^1⁄2 , Barrels.

New York

408

$6.50

-

$7.00

$8.00

-

$12.00

$5.00

-

$5.50

Boston

121

8.00

-

9.00

6.00

-

10.00

4.00

Philadelphia

118

7.00

-

7.50

8.00

-

10.50

4.50

Pittsburgh

92

8.00

-

8.50

7.00

4.00

-

4.50

Cincinnati

100

8.00

-

8.50

8.00

-

8.50

...

Chicago

403

8.25

-

9.00

8.00

-

8.50

5.50

-

6.00

Kansas City

99

...

...

[9] 7.00

-

8.00

Prices f. o. b. Shipping Points.

POTATOES

(100 lbs. sacked).

Rochester, N. Y.

$1.75

$2.00

...

Presque Isle, Me.

[7] $1.26

-

1.41

[7] 1.46

-

1.52

[7] $1.30

-

$1.35

Grand Rapids, Mich.

1.75

-

1.80

1.95

-

2.10

2.00

Waupaca, Wis.

1.60

-

1.90

1.95

1.80

-

1.85

Minneapolis, Minn.

1.65

-

1.85

1.70

-

1.95

1.75

-

1.90

Alliance, Nebr.

1.80

1.70

-

1.95

1.50

Idaho Falls, Idaho

1.10

1.35

[10] 1.10

-

1.15

Greeley, Colo.

[10] 1.15

-

1.25

[10] 1.40

[10] 1.10

-

1.15

CABBAGE

(ton bulk).

Rochester, N. Y.

30.00

32.00

-

35.00

10.00

ONIONS

(100 lbs. sacked).

Massachusetts Points

3.50

3.50

-

3.75

1.40

-

1.60

APPLES.

Barreled:

Rochester, N. Y.

6.25

6.00

3.50

-

4.00

Boxed:

Spokane, Wash.

2.00

-

2.15

2.25

2.00

-

2.35

[1] Maine Irish Cobblers.

[2] Maine Irish Cobblers, bulk 100 lbs.

[3] Carlot sales.

[4] Minnesota Red River Ohios.

[5] Tennessee Nancy Halls.

[6] Red varieties.

[7] Bulk 100 lbs.

[8] Danish type.

[9] Missouri Jonathans.

[10] Wagonloads, cash to growers.

OTHER FRUITS AND VEGETABLES.

New York and Michigan Concord grapes in 12-qt. climax baskets declined 10¢ to 25¢ in New York and Boston, ranging 75¢ to $1.10, and closed lower in Chicago at $1 to $1.25. Niagaras were weak in New York at 75¢ to 85¢. New York cauliflower was slow and dull in Philadelphia at $1.75 per crate, and ranged $2 to $2.25 in other markets. Michigan Golden Heart celery in highball crates was slow and steady in Chicago and St. Louis at $1 to $1.25 and ranged $1.75 to $2 in Pittsburgh. Massachusetts cranberries were steady in Boston at $5 to $6 per 1⁄2-barrel crate, and at $6.25 to $6.50 in Pittsburgh and Cleveland. New York Bartlett pears ranged $3.25 to $3.50 per bushel basket in leading markets.

Northern Maine Has Large Potato Crop.

The potato crop in Aroostook Co., Me., promises to be the largest ever produced in northern Maine. Early plantings were damaged somewhat by dry weather, but the later plantings have developed fully, and the stock has become overgrown in many cases. The yield of Irish Cobblers will average 120 to 150 bbls. to the acre, with some yields as high as 200 bbls.

With a probable demand from a wide territory there is much local confidence in the outcome of the marketing season, especially after the first of the year. During the rise in the market the first week of September large quantities of potatoes were sold on a basis of $3 per bbl. to the grower, but many of these shipments were marketed at a loss. Large quantities of potatoes are being stored because of the generally low price level. Much of the stock that is being sold is that for which storage space can not be obtained or which must be sold for financial reasons. The growers generally feel that they should have $1.75 per 100 lbs. bulk.

The first heavy frost of the season came Sept. 21, and digging of all varieties will be pushed from now on. Shipments will continue moderately heavy and would undoubtedly become very heavy with stronger market conditions.

Top price of the season in New York was $1,150 per car. The general range in June in New York was $450 to $900 and in July $250 to $550. No sales of medium sizes were reported in Philadelphia above $900 and prevailing ranges during June were $400 to $700, but declines to a range of $250 to $500 occurred in July. Sales in Boston ranged nearly as high as in New York, allowing 1,000 melons per carload. Early quotations in Boston ranged 60¢ to $1.10 per melon, but price declined in July to a range of 30 to 65¢. Pittsburgh carlot sales ranged $500 to $1,025 in May and June and $250 to $500 in July. Chicago market quoted a top of $1,100 the last of May, but prevailing early ranges were $500 to $800 and July sales $200 to $600.

Correction.

In the table “Carlot shipments of cantaloupes” on page 217 of the The Market Reporter for Oct. 1. the last column should be headed “To Sept. 17, 1920,” and the next to last column headed “To Sept. 17, 1921.”

RECORD BROKEN BY YEAR’S WATERMELON SHIPMENTS.

Carlot Movement Double that of 1918—Crop of Excellent Quality—Prices Decline Rapidly.

Shipments of watermelons by the end of September somewhat exceeded 44,000 cars. The movement had surpassed that of last year by nearly 5,000 cars and was much larger than that of any preceding year.

The great Florida-Georgia-South Carolina melon section has shipped about 25,000 cars. Three other States, Texas, California, and Missouri, shipped 3,000 to 5,000 cars each; Alabama and North Carolina shipped over 1,000 each; Arkansas, Indiana, Oklahoma, 400 to 700 each; and 14 other States in smaller amounts. The season’s movement not only has exceeded the previous record-breaking volume of 1920 but is one-half greater than that of 1919 or of 1917 and more than double that of 1918.

INCREASE IN PRODUCTION.

Production the past three years has tended to increase rapidly in nearly all the leading watermelon States. Nearly 30,000 acres were planted in Texas compared with 38,000 in Georgia, the leading State, but shipments from Texas were greatly reduced by unfavorable weather. In most other sections conditions were favorable. Taking the watermelon section as a whole, there was a greater production from an acreage about the same as in 1920.

The East has been aggressively increasing its hold on the commercial production of watermelons during the past few seasons. Of the 5,000 cars constituting this season’s excess of shipments as compared with the movement last year, 3,000 cars came from the Southeast, about 1,000 cars from the Middle West, and a few hundred cars from the Far West.

The 1921 crop for the most part was of excellent grade. The size of Florida melons was reduced by drought, but conditions improved as the growing season moved northward.

The 1921 season opened with prices as high as in any preceding season. First sales in May exceeded $1,000 per car for medium sizes in New York, Chicago, and Pittsburgh. Similar prices were reported at the opening of the 1920 season and there were a few opening sales of medium size melons around $1,000 in 1919. In 1918 ranges in the early part of the season were only about one-half those of 1919 and were still lower in 1917 and 1916.

Prices in 1921 were not so well sustained as in 1920. During July heavy shipments from Georgia depressed the markets rapidly. July opened with carlot sales at $250 to $650 in city markets, but the range soon declined, reaching $200 to $250. The first week of August prices reached the low point of the season at $150 to $250 per car but recovered about $25 toward the end of the season of heavy shipments.

DECLINE RAPID.

Prices opened at $300 to $515 f. o. b. Florida shipping points with top of $625, but declined rapidly with the beginning of the Georgia shipping season. Florida and Georgia Tom Watsons ranged $200 to $650 in July. Carolina melons at times ranged slightly lower than Georgia stock.

Prices of Missouri watermelons ranged $100 to $200 per car the first week of August, $125 to $250 the second week, and $120 to $200 the third week. Texas melons sold early in July at $2.50 to $3 per 100 lbs. but ranged mostly $1.25 to $1.75 in August. Further details of the price ranges of the principal lines of watermelons are given in the accompanying tables.

Carlot Shipments of Watermelons.

To

Sept. 24.

Total

season.

1921

1920

1917

1918

1919

1920

Alabama

1,398

1,160

1,634

806

708

1,160

Arkansas

520

314

449

93

268

314

California

3,455

3,106

1,137

1,689

3,300

3,272

Delaware

496

177

511

303

327

177

Florida

5,457

6,807

3,622

2,179

3,878

6,807

Georgia

15,791

11,103

9,530

6,782

8,984

11,103

Illinois

309

247

386

68

190

251

Indiana

706

647

630

191

581

661

Iowa

681

330

238

132

321

348

Maryland

759

458

1,019

388

515

458

Missouri

3,089

3,008

2,533

1,196

3,516

3,012

North Carolina

1,219

799

1,201

727

891

799

Oklahoma

549

464

505

189

870

465

South Carolina

4,407

4,735

4,107

2,787

2,673

4,735

Texas

4,056

4,839

2,871

2,290

3,007

4,845

Virginia

338

312

728

244

263

312

Other States

851

506

402

328

568

530

Total

44,081

39,012

31,503

20,392

30,860

39,249

RANGES OF WATERMELON PRICES

F. O. B. Shipping Points.

[Bulk per car.]

State

and

year.

Weights

quoted.

Opening.

High.

Low.

Week

ending—

Price.

Week

ending—

Price.

Week

ending—

Price.

Florida:

Pounds.

1921

22

-

28

May

23

$350

-

$600

May

23

$350

-

$600

July

11

$200

-

$250

1920

22

-

28

June

14

250

-

500

June

14

250

-

500

June

28

175

-

500

1919

22

-

28

June

9

400

-

550

June

9

400

-

550

June

23

300

-

475

1918

20

-

25

June

3

300

-

400

June

24

350

-

450

June

10

275

-

400

1917

20

-

25

June

11

140

-

200

June

18

165

-

225

June

11

140

-

200

Georgia:

1921

22

-

28

June

27

200

-

525

June

27

200

-

525

Aug.

8

40

-

125

1920

22

-

28

July

5

200

-

450

July

5

200

-

450

July

19

75

-

200

1919

22

-

27

June

30

250

-

450

June

30

250

-

450

July

28

125

-

250

1918

28

-

30

July

1

135

-

175

July

8

200

-

220

July

15

75

-

150

1917

20

-

25

June

25

175

-

265

July

2

175

-

275

Aug.

20

70

-

75

Texas:

1921

22

-

28

July

18

80

-

250

July

18

80

-

250

Aug.

1

[1] 25

-

50¢

1920

22

-

28

July

5

250

-

375

July

12

150

-

375

July

19

65

-

250

1919

22

-

28

July

21

250

-

400

July

21

250

-

400

July

28

150

-

300

1918

20

-

27

June

24

335

-

400

June

24

335

-

400

July

22

100

-

200

1917

20

-

25

July

2

200

-

290

July

2

200

-

290

July

16

100

-

200

Missouri:

1921

22

-

28

Aug.

1

165

-

340

Aug.

1

165

-

340

Aug.

22

65

-

150

1920

22

-

28

Aug.

2

200

-

325

Aug.

9

300

-

425

Aug.

16

200

-

350

1919

22

-

28

Aug.

4

250

-

450

Aug.

4

250

-

450

Aug.

11

125

-

300

1918

20

-

25

Aug.

5

230

-

300

Aug.

12

300

-

400

Aug.

5

230

-

300

1916

22

-

27

Aug.

7

135

-

200

Aug.

14

110

-

175

Aug.

21

65

-

165

[1] Bulk per 100 lbs.

Sales to Jobbers in Leading Consuming Markets.

State

and

variety.

Year.

Weights

quoted.

Opening.

High.

Low.

Week

ending—

Price.

Week

ending—

Price.

Week

ending—

Price.

Pounds.

Florida, Tom Watsons

1921

22

-

28

May

23

$1,150

May

30

$600

-

1,200

July

25

250

-

450

1920

22

-

28

June

14

500

-

1,100

June

14

500

-

1,100

July

12

300

-

500

1919

23

-

28

June

9

750

-

1,050

June

9

750

-

1,050

July

14

300

-

550

1918

20

-

25

June

3

300

-

500

June

24

550

-

800

July

8

300

1917

20

-

25

June

11

250

-

350

July

2

300

-

450

July

10

150

-

225

1916

22

-

27

Juno

12

300

-

350

June

19

300

-

375

July

17

100

-

225

Georgia, Tom Watsons

1921

22

-

28

July

11

250

-

650

July

11

250

-

650

Aug.

8

150

-

275

1920

22

-

28

July

12

400

-

750

July

12

400

-

750

July

19

250

-

600

1919

23

-

28

July

7

350

-

800

July

7

350

-

800

July

21

150

-

350

1918

28

-

30

June

24

550

-

800

June

24

550

-

800

July

22

250

-

350

1917

20

-

25

June

25

275

-

450

July

2

300

-

450

July

30

150

-

225

1916

22

-

27

June

19

300

-

380

June

19

300

-

380

July

10

150

-

225

Texas, Tom Watsons

1921

22

-

28

July

11

250

-

300

July

25

275

-

375

Aug.

8

[1] 1.25

-

1.50

1920

22

-

28

July

12

250

-

400

July

12

250

-

400

July

19

250

-

400

1919

23

-

28

Aug.

4

410

-

600

Aug.

4

410

-

600

Aug.

18

200

-

300

1918

20

-

27

July

22

[1] 2.25

-

2.50

July

29

[1] 2.25

-

2.75

July

29

[1] 2.25

-

2.75

1917

20

-

25

July

2

300

-

450

July

2

300

-

450

Aug.

20

200

-

275

1916

20

-

27

July

17

175

-

250

July

31

200

-

275

Aug.

14

175

-

210

South Carolina

1921

22

-

28

July

18

250

-

450

July

25

250

-

500

Aug.

15

100

-

225

1920

22

-

28

July

12

400

-

650

July

12

400

-

650

July

19

250

-

575

1919

22

-

28

July

21

150

-

350

Aug.

4

300

-

600

July

21

150

-

350

1918

20

-

25

July

29

225

-

450

Aug.

5

325

-

550

July

29

225

-

450

1917

20

-

25

July

16

150

-

260

Aug.

13

225

-

350

July

23

150

-

190

1916

22

-

27

July

3

175

-

250

Aug.

14

225

-

300

July

10

150

-

225

Missouri

1921

22

-

28

Aug.

8

100

-

300

Aug.

8

100

-

300

...

...

1919

22

-

28

Aug.

4

325

-

450

Aug.

4

325

-

450

Sept.

1

150

-

300

1918

20

-

25

Aug.

12

250

-

525

Aug.

19

500

-

515

Aug.

12

250

-

525

1917

20

-

25

Aug.

13

150

-

275

Aug.

13

150

-

275

Aug.

20

175

-

200

1916

22

-

27

July

31

200

-

275

July

31

200

-

275

Aug.

21

100

-

200

[1] Bulk per 100 lbs.

CARLOAD SHIPMENTS OF FRUITS AND VEGETABLES IN SEPTEMBER.

Shipping districts.

Septem-

ber.

Au-

gust,

1921

Season

to Oct. 1.

Total

last

sea-

son.

1921

1920

1921

1920

APPLES (boxed)

California

1,179

967

668

2,207

1,980

4,495

Colorado

708

183

10

791

224

2,848

Idaho

1,093

102

22

1,238

137

2,789

Montana

96

22

11

117

26

429

New Mexico

344

57

141

490

69

278

Oregon

262

36

11

292

49

3,687

Utah

166

28

1

180

35

619

Washington

2,340

653

141

2,962

940

21,547

Total

6,188

2,048

1,005

8,277

3,410

36,092

APPLES (barreled)

Delaware

33

46

2

121

610

751

Georgia

27

11

15

52

41

159

Illinois

85

789

45

186

1,550

3,408

Indiana

18

61

0

21

92

290

Kansas

46

121

6

57

144

738

Maine

206

6

3

235

6

412

Md., Eastern Shore

35

31

2

43

109

139

Md., other

41

231

4

51

341

1,398

Michigan

1,356

1,188

1,085

2,851

2,401

6,122

Minnesota

11

32

12

23

32

41

New Jersey

25

126

40

157

524

846

New York

2,951

2,488

956

4,294

3,286

33,755

Ohio

158

43

3

179

70

966

Pennsylvania

59

190

0

63

265

3,412

Vermont

18

9

0

21

9

133

Virginia

118

1,523

2

127

1,738

8,324

West Virginia

392

744

18

433

902

4,785

Wisconsin

73

25

10

86

32

67

Other sections

40

1,331

12

61

1,672

6,203

Total

5,692

8,995

2,215

9,061

13,824

71,949

CABBAGE.

Colorado

740

262

698

1,578

696

1,671

Illinois

11

26

14

73

63

147

Michigan

168

66

8

183

71

362

Minnesota

117

171

30

163

221

808

New York

721

292

137

897

327

8,198

Ohio

33

24

6

246

93

343

Va. Roanoke Sect.

267

407

315

652

843

972

Wisconsin

422

404

15

471

443

4,894

Other sections

35

139

70

13,133

14,934

15,583

Total

2,514

1,791

1,293

17,396

17,691

32,978

CANTALOUPES.

Calif., Turlock

179

152

1,242

2,137

3,823

3,850

Calif., other

9

13

55

206

227

235

Colorado

1,790

2,088

1,248

3,086

2,369

2,454

Michigan

15

122

117

144

203

209

Washington

59

187

146

205

325

329

Other sections

39

222

2,771

18,780

15,369

15,380

Total

2,091

2,784

5,917

24,538

22,316

22,457

CELERY.

Colorado

39

85

10

53

108

296

Michigan

129

121

99

309

223

603

New Jersey

59

26

43

119

68

107

New York

107

105

6

128

127

2,783

Ohio

16

4

18

35

5

37

Pennsylvania

92

79

40

136

110

175

Other sections

3

0

3

4,178

2,992

6,356

Total

445

420

219

4,958

3,633

10,357

GRAPES.

Calif., N. dist.

5,449

4,610

268

5,984

5,709

11,605

Calif., C. dist.

6,533

3,818

2,181

9,054

7,388

12,862

Calif., S. dist.

1,046

1,434

129

1,412

2,111

2,454

Michigan

947

1,428

114

1,083

1,603

4,597

New York

1,240

539

71

1,440

601

6,084

Pennsylvania

183

1

0

207

1

1,235

Washington

61

6

1

64

5

7

Other sections

37

165

46

88

234

292

Total

15,496

12,001

2,810

19,332

17,652

39,136

LETTUCE.

California

139

52

148

8,386

5,313

5,313

Colorado

102

80

108

214

116

124

Minnesota

12

18

12

39

40

51

New York

824

568

702

2,721

2,008

2,146

Oregon

18

5

5

23

5

5

Washington

168

93

129

547

313

344

Other sections

17

16

9

4,523

4,052

4,498

Total

1,280

832

1,113

16,453

11,847

12,481

PEACHES.

California

1,581

1,624

3,877

6,810

7,350

7,354

Colorado

573

708

554

1,218

771

773

Idaho

93

31

10

103

32

33

Michigan

65

2,122

120

185

2,154

2,275

New York

1,169

3,442

1,650

2,819

3,572

4,697

Oregon

34

1

16

50

1

1

Utah

616

402

207

820

374

401

Washington

750

188

353

1,107

203

201

Other sections

40

2,010

150

12,855

11,017

11,258

Total

4,921

10,528

6,937

25,967

25,474

26,996

ONIONS.

California

700

753

315

1,993

2,810

4,403

Colorado

70

5

0

74

7

144

Idaho

20

1

0

21

1

30

Illinois

63

33

41

118

66

357

Indiana

480

669

177

671

776

3,444

Iowa

69

224

99

245

525

865

Massachusetts

571

619

194

894

815

3,834

Michigan

92

77

7

100

84

744

Minnesota

53

25

1

60

25

276

New Jersey

37

71

31

407

606

634

New York

509

395

540

1,140

470

3,037

Ohio

235

546

70

325

592

3,040

Oregon

64

1

1

67

2

17

Utah

23

0

0

25

0

7

Washington

35

95

229

493

722

783

Wisconsin

29

45

0

29

49

400

Other sections

24

115

111

5,096

5,794

6,108

Total

3,074

3,674

1,816

11,758

13,344

28,123

SWEET POTATOES.

Alabama

25

48

199

380

247

483

California

196

123

50

254

193

695

Delaware

16

6

0

16

6

1,802

Georgia

31

53

22

56

80

899

Iowa

23

7

0

23

7

16

Louisiana

47

29

56

117

65

632

Maryland

159

216

62

236

228

1,626

New Jersey

383

329

74

484

349

3,092

North Carolina

57

180

389

498

485

861

Oklahoma

22

6

0

23

6

75

Tennessee

119

53

36

163

78

882

Texas

89

61

46

147

106

604

Va., Norfolk

34

85

152

191

104

635

Va., Eastern Shore

1,572

1,630

713

2,353

1,661

4,872

Other sections

26

14

61

97

41

793

Total

2,799

2,840

1,860

5,038

3,656

17,967

WATERMELONS.

Alabama

62

84

451

1,398

1,160

1,160

California

339

351

979

3,506

3,144

3,276

Colorado

85

52

58

141

69

71

Delaware

109

43

387

496

177

177

Illinois

97

99

212

311

251

251

Indiana

93

366

577

705

660

661

Iowa

204

199

483

687

345

348

Maryland

146

82

599

759

458

458

Missouri

235

381

2,415

3,089

3,012

3,012

New Jersey

85

9

0

85

10

10

Oklahoma

16

64

367

549

465

465

Texas

113

129

648

4,077

4,844

4,845

Virginia

54

96

267

338

312

312

Washington

45

91

97

142

190

195

West Virginia

16

41

4

4

47

47

Other sections

89

87

3,891

27,884

23,965

23,965

Total

1,788

2,174

11,435

44,172

39,109

39,253

WHITE POTATOES.

Leading States:

Calif., N. dist.

760

1,048

686

2,106

3,477

8,414

Colorado

2,819

1,939

911

3,846

2,468

11,321

Idaho

1,360

689

1,938

3,504

1,532

8,097

Iowa

25

237

5

33

284

897

Maine

4,424

1,126

543

5,122

1,232

17,755

Michigan

730

480

4

789

523

14,463

Minnesota

4,686

2,770

955

5,930

4,226

23,109

Montana

192

12

20

225

23

907

Nebraska

891

338

429

1,654

516

3,019

Nevada

3

0

0

4

1

405

N. Y., Long Island

881

899

1,342

2,446

1,302

5,503

N. Y., other

1,155

99

11

1,256

104

10,399

North Dakota

2,085

115

14

2,387

135

1,811

Oregon

21

0

99

124

8

1,476

Pennsylvania

390

331

63

467

351

6,259

South Dakota

1,035

242

15

1,168

296

1,880

Utah

150

111

478

816

339

563

Washington

379

288

187

703

453

3,657

Wisconsin

655

450

76

768

506

18,154

Total

22,641

11,174

7,776

33,348

17,806

138,089

Other States, main crop:

Kansas

135

24

1,130

2,371

1,931

1,980

Missouri

16

1

79

269

217

224

New Jersey

1,627

6,282

5,568

9,215

13,165

17,138

Va., Western shore

38

73

75

387

127

268

Wyoming

168

114

4

200

125

523

Other sections

67

383

936

23,079

19,526

22,782

Total

2,051

6,877

7,792

35,521

35,091

42,915

Summary.

Leading States, main crop

22,641

11,174

7,776

33,348

17,806

138,089

Other States, main crop

2,051

6,877

7,792

35,521

35,091

42,915

States through shipping

15

6

71

11,691

12,936

13,058

Total

24,707

18,057

15,639

80,560

65,833

194,082

PEARS.

California

378

362

1,814

3,568

4,318

4,581

Colorado

321

248

335

687

494

604

Michigan

365

391

103

472

497

1,142

New Jersey

17

3

2

19

4

35

New York

1,175

1,625

1,044

2,296

1,946

4,127

Oregon

371

377

442

816

660

845

Utah

11

49

19

30

70

75

Washington

1,125

857

1,236

2,401

1,377

1,896

Other sections

30

938

94

169

1,096

1,875

Total

3,793

4,850

5,089

10,458

10,462

15,180

TOMATOES.

Calif., N. dist.

41

246

12

134

407

741

Calif., S. dist.

172

190

81

570

416

771

Delaware

153

121

19

173

147

153

Indiana

204

814

44

255

941

1,137

Kentucky

193

370

168

364

551

559

New Jersey

808

671

236

1,896

2,147

2,346

New York

715

501

321

973

590

849

Ohio

93

74

20

296

287

330

Utah

65

197

4

69

220

251

Other sections

24

250

90

10,344

7,946

7,999

Total

2,468

3,434

995

15,074

13,652

15,136

MIXED VEGETABLES.

Calif., N. dist.

50

101

65

694

1,385

1,622

Calif., S. dist.

124

155

111

2,610

3,102

4,659

Colorado

305

354

157

644

726

1,318

Michigan

48

1

17

81

1

14

Minnesota

14

10

8

37

49

68

New Jersey

636

193

796

2,239

553

795

New York

65

57

55

133

85

472

North Carolina

13

13

8

29

100

184

Ohio

13

5

25

162

11

259

Utah

12

16

2

15

34

52

Virginia

30

0

68

197

225

280

Other sections

13

42

68

5,499

3,182

3,561

Total

1,323

947

1,380

12,340

9,453

13,284

CARLOAD SHIPMENTS OF CITRUS FRUITS.

Florida.

California.

Oranges.

Grape-

fruit.

Oranges.

Grape-

fruit.

Lemons.

Cars.

Cars.

Cars.

Cars.

Cars.

April

1,729

1,047

6,124

25

1,120

May

612

782

5,682

32

1,461

June

10

24

5,388

43

2,213

July

...

...

3,064

62

1,801

August

1

...

2,978

45

573

Fruit Prices Firm in New York; Vegetable Prices Dull and Lower.

Prices of apples in barrels continued firm in the New York market throughout the week from Sept. 26 to Oct. 1, principally on account of light arrivals of good stock. Prices of boxed stock declined on account of heavier arrivals, but the trade is still looking for large red stock, and taking it readily.

Potatoes continued in light demand with very liberal supplies, and prices gradually declined until Maine Cobblers in 165-lb. sacks reached $2.75 to $3, with few buyers.

Receipts of good onions were light with prices firm.

Peaches from New York were in light supply and mostly of only fair condition and poor color. Demand was moderate with good stock selling readily for $4.50 to $5 a bu.; ordinary and poor stock sold slowly in a $2 to $4 range.

Sweet potatoes eased off considerably in price. Grapes were dull throughout the week selling slowly at the lowest figures yet realized. Cabbage was not in demand and prices gradually declined closing at $30 to $35 per ton for New York domestic. The first car of California tomatoes arrived on Thursday, but with heavy supplies of nearby stock on hand, did not sell so readily as was anticipated. The tomatoes were in excellent condition, with a few slightly overripe. Best lugs sold at $1.75 to $2 with ripe stock at $1.50, but were not cleaned up and sold at $1.25 to $1.50 the following day.

Dairy and Poultry

DEFINITE IMPORT INFORMATION STEADIES BUTTER MARKET.

Tendency Toward Higher Prices—Danish Butter Has Sentimental Effect on Market.

Butter trading was on a more confident basis during the week ending Oct. 1 and the markets developed a steadier tone as a result of definite information regarding the quantities of Danish butter expected to be available in the near future. The persistent rumors of large shipments which during the previous week were partly responsible for the unsettled condition were soon quieted, and operators took a more conservative attitude. There was less pressure to sell and buyers were inclined to purchase more freely.

Price changes were small, but there was a general tendency toward a higher level, advances of 1⁄2¢ to 1¢ being registered on all markets on the finer grades of butter. At times the supply of fancy butter was somewhat in excess of the demand, but any efforts on the part of the sellers to get prices down were always met with an active buying demand from distributors and speculators. It was a good, steady market with holders usually free sellers and buyers taking immediate requirements readily at current prices.

MARKET ON UNDERGRADES IMPROVED.

The market for undergrades was somewhat more active. The heavy supply of last week showed but little if any reduction, and current receipts consisted largely of undergrade butter. The quality of receipts generally was reported considerably better during the week and this no doubt was largely the cause of the improved market in undergrades. More interest was shown in undergrades by buyers who bought for immediate needs or who got such price concessions as to make their purchases bargains, but as a rule dealers found it impossible to move all their undergrades even at large price reductions.

Receipts for the week show but little change from previous weeks. It was generally expected that production would gradually decrease in spite of the fact that conditions for a good fall production have been favorable. Hence, the latest available report from the American Association of Creamery Butter Manufacturers showing an increase of 9.8% over last year and an increase of 0.44% over the previous week came as a surprise. The storage holdings for the four markets showed a marked decrease during the week. The decrease was most pronounced at Chicago, indicating a movement of storage butter from there to other markets.

The S. S. Frederick VIII arrived during the week, carrying a cargo of 1,250 casks of Danish butter, which did not become available until Friday. Part of this butter was reported sold at prices ranging from 44^3⁄4¢ to 45^1⁄2¢, depending upon the size of the lot. The S. S. Heligolav and Drottingholm now afloat with combined cargoes estimated at between 3,000 and 4,000 casks. The Oscar II, which sailed from Copenhagen on Sept. 30, is also expected to carry some butter. The effect of the Danish butter on the markets has been largely sentimental, causing operators to act somewhat more conservatively.

WHOLESALE PRICES OF BUTTER AND CHEESE FOR WEEK ENDING OCT. 1.

[Cents per pound.]

CREAMERY

BUTTER

(92 score).

New

York.

Chi-

cago.

Phila-

del-

phia.

Bos-

ton.

San

Fran-

cisco.

Monday

44

43

45

44

44

1⁄2

Tuesday

44

43

45

44

44

3⁄4

Wednesday

44

43

45

45

44

3⁄4

Thursday

44

43

3⁄4

45

45

45

Friday

44

44

45

45

45

1⁄4

Saturday

44

1⁄2

44

45

45

45

Average for week

44

.08

43

.46

45

.00

44

.67

44

.87

Previous week

44

.00

42

.50

44

.58

44

.33

43

.71

Corresponding week last year

60

.91

58

.50

60

.83

60

.58

63

.04

AMERICAN

CHEESE.

(No. 1 fresh twins.)

New

York.

Chi-

cago.

Bos-

ton.

San

Fran-

cisco.[1]

Wis-

con-

sin.

Monday

20^1⁄2-21^1⁄2

19^3⁄4-20^1⁄2

22-23

21

1⁄4

19

1⁄2

Tuesday

20^1⁄2-21^1⁄2

19^3⁄4-20^1⁄2

22-23

20

3⁄4

20

1⁄2

Wednesday

20^1⁄2-21^1⁄2

19^3⁄4-20^1⁄2

22-22

1⁄2

20

3⁄4

19

3⁄4

Thursday

20^1⁄2-21^1⁄2

19^3⁄4-20^1⁄2

22-22

1⁄2

20

3⁄4

19

3⁄4

Friday

20^1⁄2-21^1⁄2

19^3⁄4-20^1⁄2

22-22

1⁄2

20

3⁄4

19

5⁄8

Saturday

20^1⁄2-21^1⁄2

19^3⁄4-20^1⁄2

22-22

1⁄2

20

3⁄4

20

Average for week

21

.00

20

.13

22.33

20

.83

19

.85

Previous week

20

.87

20

.00

21.42

21

.29

19

.58

Corresponding week last year

27

.63

26

.56

29.91

33

.25

26

.46

[1] Flats.

Wholesale Prices of Centralized Butter (90 score) at Chicago.

[Cents per pound.]

Monday

37

Tuesday

37

3⁄4

Wednesday

37

3⁄4

Thursday

38

1⁄4

Friday

38

1⁄2

Saturday

38

1⁄2

Average

37

.96

MOVEMENT AT FIVE MARKETS.

[New York, Chicago, Philadelphia, Boston, and San Francisco.]

Week

ending

Oct. 1.

Previous

week.

Last

year.

BUTTER.

Pounds.

Pounds.

Pounds.

Receipts for week

10,710,039

11,088,542

9,012,825

Receipts since Jan. 1

448,180,161

437,470,122

397,422,337

Put into cold storage

1,561,618

2,554,239

2,424,626

Withdrawn from cold storage

2,565,222

2,667,180

1,976,443

Change during week

-1,003,604

-112,941

+448,183

Total holdings

57,426,751

58,430,355

67,411,182

CHEESE.

Receipts for week

3,417,635

3,868,809

3,008,890

Receipts since Jan. 1

141,117,659

137,700,024

130,569,677

Put into cold storage

1,193,333

1,153,107

821,381

Withdrawn from cold storage

1,840,048

1,364,127

1,109,790

Change during week

-646,715

-211,020

-288,409

Total holdings

17,006,483

17,653,198

19,401,542

DRESSED POULTRY.

Receipts for week

4,180,468

4,190,630

3,097,825

Receipts since Jan. 1

125,584,081

121,403,613

119,319,585

Put into cold storage

1,763,783

1,645,312

1,748,540

Withdrawn from cold storage

1,086,169

974,956

1,303,010

Change during week

+677,614

+670,356

+445,530

Total holdings

18,302,642

17,625,028

15,835,021

EGGS.

Cases.

Cases.

Cases.

Receipts for week

208,045

198,651

178,819

Receipts since Jan. 1

13,319,676

13,111,631

11,834,417

Put into cold storage

17,305

19,475

32,480

Withdrawn from cold storage

168,670

139,781

166,123

Change during week

-151,365

-120,306

-133,643

Total holdings

3,134,054

3,285,419

2,589,382

Dried and Frozen Egg Shipment Arrives From China.

Thirteen thousand six hundred and forty-three cases of frozen eggs weighing 1,200,564 lbs., also 448 cases of dried eggs weighing 48,800 lbs., were unloaded from the British steamship Gothicstar from China at San Francisco Sept. 15. The shipment is one of the largest ever received in this country.

On Sept. 19 the Gothicstar sailed for New York with a cargo of 59,108 cases of frozen eggs and 6,190 cases of dried eggs.

CHEESE MARKETS BECOME STEADY UNDER IMPROVED DEMAND.

Southern Buying Materially Increased—Considerable Quantities of Canadian Cheese Bought.

The tone of cheese markets was at least steady during the week ending Oct. 1, although prices which prevailed in Wisconsin during the week suggested a somewhat unsettled feeling. Prices on Wisconsin cheese boards advanced again Sept. 28, although the advances were for the most part small and were confined to the larger styles. Some dealers quoted prices representing very close margins, and this probably accounted for more or less variation in f. o. b. selling prices on different days of the week.

Daisies and Twins were good sellers throughout the week, Longhorns being the only style which was especially slow. Buying in the South showed a material increase. There was also considerable inquiry from southern buyers. Practically all of the southern business went direct to Wisconsin rather than through distributing market dealers.

RETAIL DEMAND INCREASED.

The very low prices quoted by Canadian dealers and the resulting sales had a noticeable effect in distributing markets. Goods from Canada at prices around 17^1⁄4¢ to 18¢ delivered at New York looked so attractive to a number of buyers who anticipate heavier export demand later in the season, that considerable quantities were purchased. Only a small quantity of this cheese has actually been imported as yet, according to current reports, the bulk of it remaining in Canadian storages. The large Canadian Cheddars are not entirely suitable for our domestic trade, although in some markets certain dealers split them. They are used successfully, however, for grinding purposes and to some extent for making the small loaf cheese which has come into prominence the past season.

Retail distribution of cheese received an impetus during the week on account of the especially low retail prices advertised by large retailers, principally chain-store operators, in several eastern cities. Prices were reported as having been as low as 21¢ for cheese of good quality.

IMPORTS OF WOOL DURING AUGUST.

Imported

from—

Class 1.

Washed

and

un-

washed.

Class 2.

Hair of

Angora

goat

and

alpaca.

Class 3.

Total.

Washed

and

un-

washed.

Scoured.

Lbs.

Lbs.

Lbs.

Lbs.

Lbs.

Belgium

...

...

71,827

...

71,827

Czechoslovakia

...

...

39,401

...

39,401

France

...

...

244,723

...

244,723

Germany

...

...

138,245

...

138,245

Italy

...

...

438,731

...

438,731

Switzerland

...

...

65,264

...

65,264

England

10,700

...

2,411,684

4,568

2,426,952

Scotland

...

...

866,950

...

866,950

Canada

844

...

...

...

844

Argentina

3,180,672

...

421,529

33,981

[1] 3,637,031

Peru

...

4,689

...

...

4,689

Uruguay

469,217

...

...

...

469,217

China

53,444

26,026

6,118,041

...

6,197,511

British India

...

...

451,018

...

451,018

Australia

184,441

...

...

...

184,441

New Zealand

268,175

...

...

...

268,175

British South Africa

55,087

44,344

7,802

51,727

[2] 360,065

Other countries

660

...

1,000

...

1,660

Total

4,223,240

75,059

11,276,215

90,276

15,866,744

[1] Includes 849 lbs. of scoured wool, class 1.

[2] Includes 201,105 lbs. of scoured wool, class 1.

Grain and Seeds

WHEAT AND CORN FUTURES DROP STEADILY IN PRICE.

Cash Premiums Strengthen in all Markets Except Minneapolis—Flour is Imported.

The wheat market closed lower every day except two during the week ending Monday, Oct. 3, and the net decline in the different markets was 6¢ to 10^1⁄2¢ for the December future and 5¢ to 8^1⁄2¢ for the May future. Corn was influenced by wheat and followed the fluctuations of the latter. The net loss in corn was 2¢ for the December future and 1¢ for the May future. Corn touched the lowest prices for the crop on Oct. 3. The September futures “went out” on the last day of September and except at Minneapolis, owing to local conditions in that market, at the low point for most September futures since early in July.

Closing prices of the September futures were: Chicago September wheat $1.16^1⁄8, September corn 47¢; Minneapolis September wheat $1.41^1⁄4; Kansas City September wheat $1.10. At Minneapolis, September wheat closed at 7¢ over December on the last day of September, owing to a strong milling demand for choice wheat.

The declines recorded in the December futures in the different markets during the week were: Chicago December wheat 6^1⁄4¢ and December corn 2¢; Minneapolis December wheat 10^1⁄2¢, Kansas City 6¢, and Winnipeg 8^3⁄4¢. The May futures recorded the following declines: Chicago May wheat 5¢, May corn 1¢; Minneapolis May wheat 8¢; Kansas City 5^1⁄4¢; and Winnipeg 8^1⁄2¢.

Closing prices on Oct. 3 were: Chicago December wheat $1.18^3⁄8, December corn 49^5⁄8¢; Minneapolis December wheat $1.28^1⁄2; Kansas City $1.10^1⁄4; and Winnipeg $1.22^1⁄4. The May futures closed as follows: Chicago May wheat $1.23^3⁄8, May corn 55^1⁄4¢; Minneapolis May wheat $1.29^1⁄2; Kansas City $1.15; and Winnipeg $1.27.

FLOUR IMPORTS FROM CANADA.

There were several important developments in the general situation. One of these was a report from New York that 20,000 bbls. of Canadian flour had been bought to come to that market. This, of course, had a depressing influence on wheat prices. During August 3,700 bbls. of flour and 239,000 bus. of wheat were imported from Canada. This was for domestic consumption and not for re-export at American ports. Another bearish development of the week was a report that Hard Winter wheat on passage for Europe had been sold at 11¢ under the price at which it could be replaced. It was also reported that Hard Winter wheat was being resold in London at 5¢ under the replacement cost.

All of the news was not bearish, however. A message from the Pacific coast early in the week reported that 12,000,000 to 15,000,000 bus. of Pacific coast wheat were under contract for shipment to the Orient. Also, on Oct. 3 a message reported an additional 1,250,000 bus. of wheat sold to Japan. The impression appears to be growing in the grain trade that the United States has probably already sold for export all the wheat that can be spared and that there will be a scarcity later in the season unless there are liberal importations from Canada.

There were some changes in the cash wheat markets. At Chicago a good demand developed for No. 2 Red Winter and supplies of that kind of wheat were scarce. The premium over the December strengthened and on Oct. 3 was 5¢ to 6¢. At the same time No. 2 Hard Winter sold at 1⁄4¢ to 1¢ over December. Receipts of wheat showed a decreasing tendency at Kansas City and the premium strengthened. On Oct. 3, No. 2 Dark Hard Winter sold at 11¢ over Kansas City December, as compared with 7¢ over on Sept. 26. During the week Kansas City December wheat declined 6¢ to $1.10^1⁄4. No. 2 Dark Hard at 11¢ over December sold at $1.21^1⁄4 as compared with $1.23^1⁄4 on Sept. 26. That is, cash wheat on Oct. 3 was only 2¢ lower than on Sept. 26. while the December future was 6¢ lower.

GRAIN PRICES.

Daily Average of Cash Sales at Certain Markets, Week Ending Friday, Sept. 30.

[Cents per bushel.]

WHEAT.

Sat.

Mon.

Tue.

Wed.

Thr.

Fri.

CHICAGO.

Dark Nor. Spg.

No. 3

145

...

145

...

...

144

No. 4

134

1⁄2

...

140

...

...

140

Hard Winter

No. 2

126

1⁄2

121

1⁄2

124

122

...

...

Yellow Hard Winter

No. 2

...

122

1⁄4

120

...

...

117

1⁄2

No. 3

122

1⁄2

120

3⁄4

118

1⁄2

...

...

...

Red Winter

No. 2

...

...

124

1⁄2

...

...

126

MINNEAPOLIS.

Dark Nor. Spg.

No. 1

160

159

158

155

154

155

No. 2

157

155

153

152

148

151

No. 3

151

148

148

146

142

144

No. 4

143

140

139

138

134

135

Nor. Spg.

No. 1

153

152

150

149

149

150

No. 2

145

...

148

147

144

146

No. 3

...

142

137

137

132

137

No. 4

136

135

134

128

130

125

KANSAS CITY.

Dark Hrd. Wir.

No. 1

...

...

133

127

1⁄2

120

124

No. 2

133

3⁄4

134

3⁄4

131

1⁄4

129

3⁄4

126

7⁄8

130

No. 3

129

3⁄4

132

3⁄8

133

126

5⁄8

122

3⁄4

126

No. 4

127

...

130

124

...

124

Hard Winter

No. 1

122

118

3⁄4

120

1⁄4

117

3⁄8

119

1⁄2

122

1⁄2

No. 2

122

1⁄2

121

5⁄8

122

5⁄8

119

119

3⁄8

119

1⁄4

No. 3

120

1⁄4

123

3⁄4

121

3⁄4

120

118

1⁄2

117

7⁄8

No. 4

...

118

118

5⁄8

...

116

5⁄8

115

3⁄4

Yellow Hard Winter

No. 2

119

117

115

1⁄2

113

5⁄8

...

...

Red Winter

No. 2

...

132

130

130

128

...

No. 3

...

127

125

3⁄8

123

120

120

No. 4

...

110

111

5⁄8

113

1⁄2

112

...

OMAHA.

Dark Hrd. Wir.

No. 2

...

122

120

118

Hard Winter

No. 1

118

3⁄8

116

116

116

114

3⁄8

113

1⁄2

No. 2

118

3⁄4

116

1⁄4

114

1⁄8

114

3⁄4

113

3⁄8

112

1⁄2

No. 3

117

118

115

111

3⁄4

111

Yellow Hard Winter

No. 2

115

115

133

112

1⁄4

112

3⁄8

112

1⁄4

No. 3

113

112

110

3⁄4

110

110

5⁄8

111

No. 4

...

111

109

1⁄2

...

...

109

ST. LOUIS.

Red Winter

No. 2

139

5⁄8

137

1⁄4

136

133

3⁄4

133

1⁄4

135

1⁄8

No. 3

130

7⁄8

130

7⁄8

[1]129

126

3⁄4

124

1⁄4

129

3⁄4

No. 4

127

125

[1]121

116

1⁄4

113

1⁄2

116

1⁄2

CORN.

CHICAGO.

White

No. 1

53

3⁄4

52

3⁄4

51

3⁄4

50

1⁄4

49

48

1⁄4

No. 2

53

3⁄4

52

3⁄4

51

3⁄4

50

1⁄4

48

3⁄4

48

1⁄4

No. 3

53

1⁄4

51

3⁄4

51

...

...

48

Yellow

No. 1

54

52

3⁄4

51

3⁄4

50

3⁄4

49

3⁄4

48

1⁄2

No. 2

53

3⁄4

52

3⁄4

51

3⁄4

50

3⁄4

49

1⁄4

48

1⁄2

No. 3

53

1⁄4

52

1⁄4

51

1⁄2

50

1⁄4

48

3⁄4

47

3⁄4

Mixed

No. 1

53

3⁄4

52

3⁄4

51

1⁄2

50

48

3⁄4

48

1⁄4

No. 2

53

1⁄2

52

1⁄2

51

1⁄2

50

48

3⁄4

48

1⁄4

No. 3

53

1⁄4

52

1⁄4

51

...

48

1⁄2

47

3⁄4

No. 4

...

...

50

3⁄4

...

48

47

1⁄4

MINNEAPOLIS.

Yellow

No. 1

47

46

1⁄4

45

1⁄4

44

1⁄2

43

1⁄2

42

3⁄4

No. 2

47

46

1⁄2

45

44

42

1⁄2

43

KANSAS CITY.

White

No. 1

...

46

1⁄2

46

1⁄2

...

45

43

1⁄2

No. 2

46

3⁄4

46

46

1⁄4

...

...

43

3⁄4

Yellow

No. 1

47

45

3⁄4

45

3⁄4

46

45

1⁄2

44

No. 2

46

1⁄2

45

1⁄8

45

1⁄2

45

45

44

Mixed

No. 2

43

1⁄2

43

3⁄8

...

...

...

40

1⁄2

OMAHA.

White

No. 1

42

1⁄2

42

1⁄8

41

3⁄4

40

1⁄2

39

1⁄2

38

1⁄2

No. 2

42

1⁄2

42

1⁄2

...

40

40

38

1⁄2

Yellow

No. 1

42

5⁄8

42

41

1⁄2

40

1⁄2

39

1⁄2

38

3⁄4

No. 2

42

5⁄8

42

41

1⁄2

40

1⁄2

...

38

7⁄8

No. 3

43

1⁄2

...

...

40

1⁄4

...

38

1⁄2

Mixed

No. 1

41

1⁄2

41

1⁄4

41

40

39

7⁄8

38

5⁄8

No. 2

41

7⁄8

41

41

40

39

1⁄4

38

5⁄8

ST. LOUIS.

White

No. 1

...

50

7⁄8

50

1⁄2

48

7⁄8

48

33

1⁄4

No. 2

52

1⁄2

51

50

48

3⁄4

48

33

1⁄4

No. 4

...

49

...

44

44

...

Yellow

No. 1

52

1⁄8

50

5⁄8

[1]50

1⁄2

49

1⁄8

48

47

1⁄2

No. 2

52

50

5⁄8

50

49

48

47

1⁄4

No. 3

51

1⁄2

50

49

...

47

46

1⁄2

No. 4

50

...

48

1⁄2

...

...

45

1⁄2

OATS.

CHICAGO.

White

No. 2

37

36

1⁄2

36

1⁄4

37

35

35

No. 3

34

1⁄2

34

33

1⁄2

32

3⁄4

32

3⁄4

33

No. 4

33

3⁄4

33

32

3⁄4

32

31

3⁄4

32

1⁄4

MINNEAPOLIS.

White

No. 2

34

1⁄2

33

3⁄4

33

32

1⁄4

32

32

1⁄2

No. 3

33

1⁄4

32

1⁄2

32

31

1⁄4

31

31

No. 4

32

1⁄2

31

1⁄2

31

31

1⁄4

31

30

1⁄2

KANSAS CITY.

White

No. 3

35

5⁄8

35

3⁄8

34

3⁄8

33

1⁄2

33

5⁄8

33

3⁄8

No. 4

...

34

1⁄2

33

3⁄8

...

33

1⁄4

...

OMAHA.

White

No. 3

31

3⁄4

31

1⁄4

30

7⁄8

29

7⁄8

30

30

No. 4

31

30

1⁄2

30

29

1⁄2

29

1⁄2

29

1⁄2

ST. LOUIS.

White

No. 2

...

37

1⁄2

[1]37

1⁄2

35

3⁄4

35

1⁄4

...

No. 3

36

1⁄8

36

1⁄2

[1]36

34

1⁄2

34

1⁄2

34

1⁄4

No. 4

35

34

3⁄4

34

1⁄2

33

3⁄4

33

3⁄4

33

1⁄2

RYE.

CHICAGO.

No. 2

104

1⁄2

102

100

3⁄4

100

1⁄4

99

...

MINNEAPOLIS.

Western

No. 2

99

97

1⁄2

96

94

1⁄2

93

92

Daily Closing Prices of Futures.

CHICAGO.

Wheat

Sept.

123

1⁄2

121

1⁄2

119

1⁄2

117

1⁄4

118

1⁄4

116

Dec.

126

126

1⁄2

123

1⁄4

120

7⁄8

123

120

3⁄4

Corn

Sept.

52

1⁄4

51

50

7⁄8

49

48

1⁄2

47

Dec.

52

3⁄8

51

3⁄4

51

3⁄8

50

1⁄8

50

49

5⁄8

Oats

Sept.

35

34

3⁄8

34

33

3⁄8

33

1⁄4

32

1⁄2

Dec.

37

3⁄4

37

1⁄4

37

1⁄2

36

3⁄8

36

5⁄8

36

3⁄8

KANSAS CITY.

Wheat

Sept.

116

114

112

1⁄2

111

110

3⁄4

110

Dec.

117

3⁄4

116

1⁄4

115

1⁄8

113

1⁄8

114

3⁄4

112

May

121

3⁄4

120

1⁄4

119

5⁄8

117

3⁄4

119

3⁄8

117

1⁄8

Corn

Sept.

42

7⁄8

42

1⁄2

41

1⁄4

40

1⁄2

39

5⁄8

39

Dec.

44

1⁄2

43

5⁄8

43

1⁄4

42

1⁄8

41

7⁄8

41

1⁄4

May

48

3⁄4

48

47

7⁄8

46

7⁄8

46

7⁄8

46

3⁄8

Oats

Sept.

34

34

34

34

34

33

3⁄4

Dec.

35

1⁄2

35

34

3⁄4

34

34

33

5⁄8

[1] Common average.

Cash wheat at Minneapolis declined 2¢ to 5¢ for No. 1 Dark Northern, and 4¢ for No. 2, more than the December future declined. On Oct. 3, No. 1 Dark Northern sold at 10¢ to 18¢ over Minneapolis December and No. 2 at 6¢ to 12¢ over. The weakness in the cash market at Minneapolis was caused by a poor flour demand and increasing receipts of spring wheat. Reports from Minneapolis for some time past have reflected a very poor demand for flour.

The visible supply statement issued on Oct. 3 showed an increase of 1,636,000 bus. of wheat for the week. The total on that date was 52,795,000 bus. compared with 27,391,000 a year ago. The supply statement also showed a decrease of 726,000 bus. of corn for the week, making the total 11,765,000 compared with 7,587,000 a year ago. In the Chicago market on Oct. 3 No. 2 Mixed corn sold at 2¢ to 2^1⁄4¢ under December and No. 2 Yellow at 1^3⁄4¢ to 2¢ under.

GRAIN EXPORTS.

Wheat Inspected Out Under American Grades Only—Flour Not Included.

[Thousands of bushels: i. e., 000 omitted.]

Wheat.

Corn.

Oats.

Barley.

Rye.

Week ending Oct. 1:

Atlantic ports  [1]

2,061

157

...

101

214

Gulf ports  [2]

2,330

158

9

...

...

Pacific ports  [3]

1,149

...

...

483

...

Total

5,540

315

9

584

214

Previous week

4,379

193

12

2,031

186

Corresponding week last year

7,417

...

67

104

623

Total, July 1 to Oct. 1, 1921

85,223

6,581

344

11,357

2,528

Corresponding period last year

83,750

97

2,057

5,545

11,469

[1] Boston, New York, Philadelphia, Baltimore, Portland, Me., and Newport News.

[2] New Orleans, Galveston, Texas City, and Port Arthur, Tex.

[3] Seattle, Tacoma, Astoria, Portland, Oreg., and San Francisco.

AVERAGE PRICES PER BUSHEL OF CERTAIN GRADES OF WHEAT, CORN, AND OATS AT FOUR MARKETS.

Ocean Freight Rates on Grain and Flour Reduced.

A new schedule of grain rates for the North Atlantic service has been announced by the Shipping Board, as the outcome of a joint conference of shipping companies recently held in New York. The old and new rates on wheat and corn per 100 lbs. from North Atlantic ports are as follows:

To—

Old

rate.

New

rate.

Cents.

Cents.

United Kingdom

21

17

Antwerp

22

1⁄2

16

1⁄2

Hamburg

22

1⁄2

18

Wheat flour, which takes a differential of 55¢ per 100 lbs., will be subject to a corresponding reduction, making the new rates on flour per 100 lbs. as follows: To the United Kingdom, 22¢; to Antwerp, 21¢; and to Hamburg, 23¢.

Bulk of White Clover Seed Already Sold.

Growers in southern Wisconsin had disposed of 80% of their crop of white clover seed by the end of September. The prevailing prices ranging from $30 to $40 per 100 lbs. have been fairly satisfactory to growers. The quality of the seed varies in different localities but probably averages about the same as or slightly inferior to that of last year because more of it is reported mixed with alsike and timothy.

The imports of white clover seed, principally from Germany, have tended to stabilize prices for the short crop of American seed. From July 1 to Sept. 30 there was permitted entry 538,600 lbs. and none for the same period last year.

Timothy Seed Exports to Europe.

Exports of timothy seed from New York during the two weeks ending Oct. 1, were 550,000 lbs. to Great Britain, 75,000 lbs. to Denmark, 40,000 lbs. to Germany, and 20,000 lbs. to Holland. Exports of Kentucky bluegrass from New York and Baltimore were 21,000 lbs. to Holland, 28,000 lbs. to Great Britain, and 16,500 lbs. to Germany.

The arrivals of imported seed at New York and Baltimore during the same period were: Alfalfa, 425,000 lbs. from Argentina; red clover, 113,000 lbs. from Germany, 92,000 lbs. from France, and 44,000 lbs. from Chile; white clover, 22,000 lbs. from Denmark and 11,000 lbs. from Holland; crimson clover, 105,000 lbs. from Germany; orchard grass, 179,000 lbs. from Denmark, 121,000 lbs. from Germany, and 45,000 lbs. from Holland; sunflower, 560,000 lbs. and canary, 128,000 lbs. from Argentina; rape, 187,000 lbs. from Holland and 44,000 lbs. from France; vetch, 57,000 lbs. from Sweden and 11,600 lbs. from Germany; rye grass, 22,000 lbs. from Great Britain; and grass (kind not specified) 123,000 lbs. from Argentina.

Egypt May Control Sowing of Cotton Seed.

The Government of Egypt is now considering a plan whereby it will assume control over all cotton seed used for planting purposes to preserve the standard varieties in a state of purity and to facilitate the propagation of new varieties under the most favorable conditions.

The history of the cotton industry in Egypt shows that a great number of cotton varieties have been planted which after a period of commercial popularity have almost disappeared from cultivation. Under the plan now being proposed no private person or firm will be permitted to engage in the selection or production of new varieties or strains of cotton unless licensed to do so, and even then not more than 200 acres may be devoted to the experiment. The area to be so planted must furthermore first undergo a field test for at least two years under the direction of the ministry of agriculture.

If the experiment proves satisfactory the seed obtained from the new variety or strain will be propagated and distributed by the Government under the name registered by the original producer. The Government will allow the producer a royalty on all seed used or sold for planting purposes, but will reserve the right to limit the rate of, or to discontinue entirely, its propagation.

Further information on this proposed control plan may be obtained upon request to the Bureau of Markets and Crop Estimates, Washington, D. C.

The economic importance of seeds is perhaps greater than that of any other farm commodity. Seeds are potential plants. Practically all staple foods are derived, either directly or indirectly, from plants. A shortage of seed in any country or section of a country may mean a shortage of food. The commercial supply of seeds in the United States safeguards every section of this country against a deficiency in the necessary requirements for planting annually and indirectly helps to maintain the stocks of food at uniform levels.

The best commercial grades of red clover, alfalfa, and timothy seed test 99.5% or better in purity.

Hay and Feed

HAY PRICES REGISTER ADVANCE IN NEW YORK MARKET.

Prices in Most Markets Unchanged Under Continued Light Receipts—Demand for Top Grades Only.

A continued light movement of hay to market prevailed during the week ending Oct. 1 and with the exception of one or two markets prices were but little changed from the preceding week.

The average price of No. 1 timothy at the principal timothy markets is now about $23.50 per ton, with the alfalfa average price about $22.75. This is $10 less per ton for both kinds than the prevailing average price Oct. 1, 1920. There is a fair local demand in limited quantities for the better grades of hay but scarcely any shipping demand and the lower grades are neglected. Good pastures and large local supplies of forage are important factors and will probably curtail demand for some time.

Receipts at nine of the important hay markets were practically the same as for the preceding week and totaled only a little over 1,000 cars compared with over 2,000 cars in the same markets at the corresponding time last year. The following table gives receipts of hay in several important markets for the weeks ending Sept. 24 and Oct. 1, 1921, and Oct. 2, 1920.

Cities.

1921

1920

Oct. 1.

Sept. 24.

Oct. 2.

New York

73

164

359

Pittsburgh

50

55

186

Cincinnati

93

66

219

Chicago

184

195

207

Minneapolis-St. Paul

67

36

18

St. Louis

152

105

215

Kansas City

189

139

1,019

San Francisco

78

107

...

Los Angeles

144

150

78

TIMOTHY UP $4 AT NEW YORK.

Timothy.—Very light receipts of timothy at New York and efforts on the part of dealers to replenish their light stocks from the small quantity of hay arriving caused prices to advance $4 per ton during the week in that market. Buying was restricted, however, by the higher prices. Other eastern markets were practically unchanged. Good hay is scarce but equal to the light demand.

Prices at both the Pittsburgh and Cincinnati markets advanced $1 during the week, but the advance at Cincinnati was lost on Saturday because of a lack of support from shippers. Light receipts were almost entirely responsible for the firm market tone both at Chicago and St. Louis, as the demand was not large and was confined principally to local needs. At Chicago cars of choice hay in small bales sold at premiums of $1 to $2 over current quotations. Receipts on the North side increased and those on the South side decreased, so that the premium at which hay sold on the North side tracks last week was reduced about $1 per ton.

There was very little activity in the southern markets during the week. Stocks are light, but buying is only for the light local demand. Richmond reports a good demand for No. 1 clover hay, of which very little is being offered.

Alfalfa.—The alfalfa market showed some advances during the week, but prices were not materially higher. A better demand from southern and southeastern consuming sections and from interior Kansas points, where supplies are relatively small, was reported at Kansas City. Los Angeles also reports an increased demand for good grades. Choice dairy and rabbit hay is selling at a good premium over No. 1 and standard alfalfa. A sharp demand for fertilizer alfalfa is also reported from southern California.

Further shipments of alfalfa from San Francisco to the New England States were made during the week, but local demand in that market is very light. The movement of alfalfa in other Western States is light, caused principally by the light feeding demand and high freight rates.

Prairie.—More favorable weather has resulted in larger receipts of prairie hay at Minneapolis. The market remained steady, however, because of buying by the local stockyard. Firm prices on timothy and light receipts of prairie totaling only six cars for the week caused a firm market at Chicago also. The light receipts were attributed to the low prices which prevailed a short time ago. Increased receipts at Kansas City, caused apparently by the recent high prices, are more than equal to the limited demand and the market for prairie is weak with prices somewhat lower than last week. There was a good local demand from the stockyards, but practically no shipping demand, which is required to absorb any materially increased receipts. But little change is expected until colder weather arrives.

Straw.—Light receipts of straw caused slight price advances in several markets. Demand is light, however, and would not absorb a large increase in receipts except at price concessions. The following quotations represent current prices: No. 1 wheat straw—Philadelphia $12, Pittsburgh $11.50, Richmond $13, Cincinnati $9, Chicago $11.50, Minneapolis and Kansas City $8; No. 1 oat straw—Philadelphia and Pittsburgh $12, Cincinnati $11, Chicago $12.50, Minneapolis $9, Kansas City $8; No. 1 rye straw (straight)—New York $22.50, Philadelphia $20; (tangled) Pittsburgh $12.50, Chicago $13.50, Cincinnati and Minneapolis $9.

WHEAT MILL FEED MARKET SHOWS VERY WEAK CONDITION.

General Inactivity in Feed Market Continues—Offerings of Cottonseed Meal Increasing.

The feed market throughout the country was very dull and weak for the week ending Oct. 1. There was practically no investment buying of any commodity and dealers were supplying their immediate needs only. Prices generally are weak and in some markets lower on several feeds.

Production of wheat and corn feeds remains fairly heavy. Cotton seed in some sections is moving more freely and meal mills are expected to increase their offerings. Feed shipments from Minneapolis mills were heavy and stocks in public warehouses at lake ports are increasing. Approximately 28,750 tons of wheat feeds were reported in these warehouses at the end of the week under review, compared with about 2,200 tons at the corresponding time last year.

Wheat mill feeds.—Continued heavy production of bran and middlings, together with a lack of sufficient demand to absorb the offerings, resulted in a very weak feed market during the week. The lower grain prices were also a bearish factor. Bran was especially dull. Both mills and jobbers were pressing sales in some markets. Some distress bran was in evidence at both Chicago and Cincinnati. Hard winter bran sold as low as $10 per ton on track at Kansas City.

CARLOAD PRICES OF HAY AND FEED AT IMPORTANT MARKETS, OCT. 1.

[In dollars per ton.]

Commodity.

New

York.

[1]

Phila-

del-

phia.

Rich-

mond.

At-

lanta.

Sa-

van-

nah.

Mem-

phis.

[1]

St.

Louis.

[1]

Pitts-

burgh.

[1]

HAY.

Timothy and clover:

No. 1 timothy

31.00

23.00

26.00

28.00

26.50

24.50

25.00

22.50

Standard timothy

30.50

22.00

25.00

26.00

25.50

22.00

23.00

21.50

No. 2 timothy

29.50

20.00

24.00

24.50

24.50

20.00

20.00

19.50

No. 1 light clover, mixed

29.50

19.00

25.00

26.00

24.50

...

22.00

20.00

No. 1 clover, mixed

...

...

24.00

...

...

...

20.00

21.00

No. 1 clover

...

...

24.00

...

...

...

21.00

20.00

Alfalfa:

No. 1 alfalfa

28.00

...

...

29.00

28.50

23.00

22.00

...

Standard alfalfa

...

...

...

27.00

...

20.00

20.00

...

No. 2 alfalfa

...

...

...

25.00

...

17.00

18.00

...

Prairie:

No. 1 upland

...

...

...

...

...

...

17.00

...

No. 2 upland

...

...

...

...

...

...

15.00

...

No. 1 midland

...

...

...

...

...

...

...

...

Grain:

No. 1 wheat

...

...

...

...

...

...

...

...

No. 1 oat

...

...

...

...

...

...

...

...

FEED (bagged).

Wheat bran:

Spring

21.25

20.75

21.50

22.00

...

...

...

19.50

Soft winter

21.50

22.50

25.00

22.00

23.50

16.00

14.50

20.50

Hard winter

21.50

21.25

...

22.00

...

...

14.00

20.00

Wheat middlings:

Spring (standard)

22.25

21.75

24.00

27.00

...

...

...

21.50

Soft winter

...

28.00

...

30.00

30.00

...

22.50

27.50

Hard winter

...

27.00

...

28.00

...

...

21.50

27.50

Hard winter wheat shorts

...

...

...

30.00

...

24.00

18.00

27.00

Wheat millrun

...

23.50

...

...

...

...

...

23.50

Rye middlings

...

20.50

21.00

...

...

...

...

19.00

High-protein meals:

Linseed

46.75

44.50

...

...

...

...

40.75

[2] 45.00

Cottonseed (41%)

...

45.25

...

...

...

36.00

40.00

44.50

Cottonseed (36%)

45.25

43.25

...

41.00

40.50

35.00

38.50

42.00

No. 1 alfalfa meal (medium)

...

...

...

29.00

...

22.50

20.00

...

Gluten feed

35.34

34.93

...

...

...

...

29.25

...

White hominy feed

29.25

28.75

30.00

28.00

...

...

21.00

...

Yellow hominy feed

27.25

26.00

30.00

...

...

...

19.00

...

Ground barley

...

...

...

...

...

...

...

...

Dried beet pulp

29.25

28.00

...

33.50

42.00

...

...

25.80

Commodity.

Cin-

cinnati.

[1]

Chi-

cago.

[1]

Min-

nea-

polis.

[1]

Omaha.

[1]

Kan-

sas

City.

[1]

San

Fran-

cisco.

[1]

Los

Angeles.

[1]

HAY.

Timothy and clover:

No. 1 timothy

20.00

24.00

19.50

...

[2] 14.50

...

...

Standard timothy

...

22.00

18.50

...

13.50

...

...

No. 2 timothy

18.50

20.00

18.00

...

12.50

...

...

No. 1 light clover, mixed

18.50

[3] 21.00

18.00

...

[2] 13.50

...

...

No. 1 clover, mixed

17.00

[2] 17.00

[2] 17.50

...

11.00

...

...

No. 1 clover

20.00

17.00

[2] 17.00

...

[2] 11.50

...

...

Alfalfa:

No. 1 alfalfa

[2] 21.00

22.00

[2] 21.00

15.50

18.00

18.00

19.00

Standard alfalfa

[2] 19.00

20.00

[2] 19.00

13.50

15.00

17.00

...

No. 2 alfalfa

[2] 17.00

17.00

[2] 17.00

10.50

12.00

13.00

...

Prairie:

No. 1 upland

...

17.00

16.50

11.00

12.00

...

...

No. 2 upland

...

15.00

14.00

9.50

10.00

...

...

No. 1 midland

...

14.00

12.00

10.00

8.50

...

...

Grain:

No. 1 wheat

...

...

...

...

...

20.00

...

No. 1 oat

...

...

...

...

...

16.00

21.00

FEED (bagged).

Wheat bran:

Spring

17.00

15.25

12.50

...

...

...

...

Soft winter

17.50

...

...

...

10.75

28.00

28.00

Hard winter

17.00

15.25

...

10.50

10.50

...

22.00

Wheat middlings:

Spring (standard)

20.50

16.50

13.50

...

...

...

...

Soft winter

24.00

...

...

...

18.50

39.00

...

Hard winter

20.50

...

...

...

18.50

...

...

Hard winter wheat shorts

...

...

...

18.00

[3] 15.50

...

...

Wheat millrun

...

...

30.00

...

15.00

27.00

...

Rye middlings

17.00

...

12.50

12.00

...

...

...

High-protein meals:

Linseed

45.00

41.00

38.00

41.50

39.25

...

...

Cottonseed (41%)

41.25

42.00

...

...

39.75

41.00

...

Cottonseed (36%)

38.50

40.00

...

...

...

...

36.00

No. 1 alfalfa meal (medium)

23.50

21.50

...

17.00

17.25

20.00

27.00

Gluten feed

32.45

28.65

...

...

34.50

...

...

White hominy feed

26.00

21.00

...

19.00

20.00

...

...

Yellow hominy feed

26.00

19.00

...

18.50

19.00

...

...

Ground barley

36.00

31.00

20.00

...

24.50

...

[4] 30.00

Dried beet pulp

25.90

...

23.50

...

21.00

...

25.00

[1] Hay quotations represent average of cash sales at these markets.

[2] Nominal.

[3] Brown.

[4] Rolled.

MIDDLINGS ACTIVE.

Middlings were more active than bran and in several western markets, including Kansas City and St. Louis, there was a good demand for middlings and shorts from both local buyers and shippers. The shipping demand was rather broad, mostly in single car orders, from the Central West, South, and Southeast. The higher prices asked for middlings in the southern markets, however, are causing consumers to buy bran instead. Although prices are low some dealers are inclined to think that still lower prices will prevail if an attempt is made to market the feed stored at lake ports before navigation closes. However, Minneapolis mills are holding firm at present quotations.

Cottonseed meal.—The cottonseed meal market has lost much of the strength displayed during the past few weeks. New seed is now moving to mills in larger quantities and the available supply of meal is increasing. There is practically no consumptive demand and dealers are therefore holding off buying as they expect lower prices. Offerings from mills are still limited and in some sections only for October delivery. Lack of demand rather than heavy offerings is probably the cause of the present weakness in meal prices. Some exports of meal are reported at New Orleans. The demand for meal for fertilizer purposes is light because other ammoniates are cheaper at the present time.

Linseed meal.—Northwestern linseed meal mills reduced their prices somewhat during the week, but the decline was not reflected in all the markets. Philadelphia reports a slight advance in prices, but quotations at Buffalo and Chicago were lower. Stocks are rather heavy and jobbers are pressing sales. There is only a very light demand and resellers are offering meal at $2 to $3 under mill prices in an effort to stimulate sales.

GLUTEN FEED DEMAND DULL.

Gluten feed.—No further reductions in the price of gluten feed were reported during the week, but the demand was very dull and very little interest was shown by buyers. Large Chicago manufacturers reported a slight increase in buying orders toward the last of the week. Buffalo reported a light demand, but mills are not pressing sales as they were a few days ago.

Hominy feed.—Lower corn prices were reflected in the hominy feed market. Prices declined 50¢ to $1 in several markets and mills were urgent sellers. The demand for all other feeds is very light so that a surplus in the offerings, especially of yellow hominy feed, is noticeable.

Alfalfa meal.—Alfalfa meal at Kansas City was weak and lower, No. 1 meal being offered as low as $17.20 per ton and No. 2 at $14. The demand from both feeders and feed manufacturers is light. But little improvement in the market for this feed can be expected until some activity appears in the demand for other feeds.

Peanut meal.—No offerings of new crop peanut meal have been reported, and it is stated that probably none will be offered until about Nov. 1.

DEMAND FOR CUT HAY ALMOST A THING OF THE PAST.

General Use of Automobiles and Electric Street Cars Cuts Sales—Was Used Mostly in Cities.

The demand for cut, or chopped, hay has diminished to such an extent during the past decade that at present only an occasional car is bought by city dealers while only a few shippers prepare this commodity for market.

But back in the days when phaetons, surreys, and smart traps drawn by high-stepping trotters and easy-going “family” horses were seen upon the boulevards, and the heavy hauling was done by big draft horses rather than by gasoline-eating trucks, many city dealers operated plants for the preparation and baling of cut hay. Numerous plants also were situated in the producing sections of New York, Pennsylvania, and Ohio. The advent of the automobile, however, has changed all this, aided materially by the substitution of electricity for mule power as the propelling force of street cars.

The kinds of hay usually chopped were timothy and clover mixed. While hay which had become slightly overripe or which contained a mixture of grasses frequently was used, only good, sound, and sweet feeding hay was considered fit for shipping.

FED MIXED WITH GRAIN.

Cut hay is generally fed mixed with grain and is considered an excellent feed, as it prevents the stock from eating the concentrated grain ration too rapidly. The hay is usually dampened when used in this manner. This is one of the disadvantages of feeding it for if more than enough is mixed for one feed and it is not fed within a short time it is likely to sour if the weather is warm, or possibly freeze if the weather is cold. This condition, together with the labor and bother of mixing, has caused feeders in many instances to turn to ready-mixed and molasses feeds.

However, for feeders who desire to prepare their own mixed feed ration the cut hay is probably the most convenient ingredient that can be used to produce the required bulk.

IMPORTS OF FORAGE-PLANT SEEDS.

The Seed Laboratory of the Bureau of Plant Industry reports the following imports of forage-plant seeds permitted entry into the United States under the seed importation Act.

Kind of seed.

September—

July 1-

Sept. 30,

1921

July 1-

Sept. 30,

1920

1921

1920

Pounds.

Pounds.

Pounds.

Pounds.

Alfalfa

422,200

44,100

1,364,000

171,500

Canada bluegrass

5,200

...

7,400

...

Alsike clover

671,400

87,000

1,106,700

109,700

Crimson clover

879,500

998,100

1,581,600

1,958,800

Red clover

116,400

6,800

1,792,900

305,200

White clover

263,600

...

538,600

...

White and alsike clover mixtures

2,700

...

8,100

...

Red and alsike clover mixtures

2,100

...

2,100

...

Alsike clover and timothy mixtures

500

...

1,100

...

Broom-corn millet

...

...

...

1,100

Foxtail millet

...

14,700

...

14,700

Grass mixtures

...

...

40,100

...

Orchard grass

833,300

...

959,100

...

Rape

554,100

170,900

728,700

215,700

English rye grass

...

15,600

16,300

130,800

Italian rye grass

...

49,800

13,800

131,300

Timothy

...

...

95,100

...

Hairy vetch

280,600

33,000

645,900

367,700

Spring vetch

...

...

8,800

...

The cleaning, if any, that the average farmer gives his seed merely removes dirt, chaff, and weed and other foreign seeds that are much larger or smaller or much heavier or lighter than the kind of seed that is being cleaned.

Cotton

PRICES OF SPOTS AND FUTURES CONTINUE TO ADVANCE.

Condition of Crop Poorest on Record—Production Estimated at Only 6,537,000 Bales.

Perhaps the main feature in the cotton markets for the week ending Oct. 1 was the sensational advance in prices which occurred on Sept. 27. That day was the first day for the issuance of notices of deliveries to be made on October future contracts at the two future exchanges and it is reported that the notices issued were for more than 80,000 bales at New York and over 20,000 bales at New Orleans. However, in spite of these notices of heavy deliveries, the demand for October contracts during the day was such that the price at New York rose 1^3⁄4¢ per lb. and at New Orleans nearly 1^1⁄2¢ over the low point reached early in the morning.

The closing prices for October future contracts for that day were 21.03¢ at New York and 20.70¢ at New Orleans, or 143 points and 135 points, respectively, above the closing prices of the previous Saturday. The average price of middling in the 10 designated markets reached 20.89¢ per lb. on Sept. 27, or very nearly $5 per bale higher than at the close of the previous week.

TRADE APPREHENSIVE.

Only the better grades of cotton are deliverable on future contracts so that probably one of the main causes of the keen demand for October contracts was the apprehension that the present crop will not only be the smallest for many years but that it will also be of low grade, as is indicated by reports from some sections.

During the remainder of the week prices eased off somewhat under heavy hedge selling and liquidation by long interests, but indications were that the demand for future contracts, as well as for spot cotton during the entire week, was fully equal to the offerings. The end of the week found prices higher than those prevailing at the close of the previous week except for the prices for the more distant months, which were a few points lower.

The average price of Middling as determined from the quotations of the 10 designated spot markets closed at 20.71¢ per lb. on Oct. 1, compared with 19.92¢ at the close of the previous week and 23.11¢ for the corresponding day in 1920.

Fluctuations in prices for futures ranged from a decline of 27 points for July future contracts at New York to an advance of 88 points for October futures in the same market. October futures on the New Orleans Cotton Exchange advanced 70 points. October future contracts on the Liverpool Cotton Association closed at 14.68d. per lb. on Sept. 30, compared with 14.16d. at the close of the previous week and 17.23d. for the corresponding day in 1920.

SPOT SALES LARGER.

Spot sales during the week at the 10 designated markets were much larger than they have been for any week this season. They amounted to 209,938 bales, compared with 155,954 the previous week and 96,095 bales for the corresponding week in 1920. On Sept. 28 the sales in the 10 markets were 59,929 bales, the largest single day’s sales for this season. The previous largest day’s sales for the season, involving 38,504 bales, occurred on Sept. 6. The total sales in the 10 designated markets from Aug. 1 to Oct. 1 were 980,146 bales, compared with 503,135 for the corresponding period last year. (Sales for 1920 exclude Dallas.)

SPOT COTTON QUOTATIONS.

Price of Middling spot cotton for Oct. 1, and the commercial differences in price between Middling and other grades of American Upland cotton at each of the 10 markets named, together with the total number of bales sold during the week ending Oct. 1, in each of the markets, as reported to the Bureau of Markets and Crop Estimates.

Nor-

folk.

Au-

gus-

ta.

Sa-

van-

nah.

Mont-

gom-

ery.

Mem-

phis.

Little

Rock.

Dal-

las.

Hous-

ton.

Gal-

ves-

ton.

New

Or-

leans.

Aver-

age.

White standards:

On.[1]

On.

On.

On.

On.

On.

On.

On.

On.

On.

On.

Middling Fair

200

250

175

200

200

225

200

225

300

175

215

Strict Good Middling

150

200

150

150

150

175

150

175

300

150

165

Good Middling

100

100

100

100

100

100

100

125

100

100

103

Strict Middling

50

50

50

50

50

50

50

75

50

50

53

Middling

20.25

20.25

20.75

20.00

21.00

20.75

20.60

21.25

21.75

20.50

20.71

Off.[1]

Off.

Off.

Off.

Off.

Off.

Off.

Off.

Off.

Off.

Off.

Strict Low Middling

75

75

75

100

100

75

100

100

100

75

88

Low Middling

200

200

200

200

250

200

225

200

250

200

213

Strict Good Ordinary[2]

300

300

300

300

400

300

325

300

400

450

338

Good Ordinary[2]

400

425

400

400

500

400

425

400

500

550

440

Yellow Tinged:

Good Middling

50

Even.

50

50

50

50

50

50

50

50

45

Strict Middling

125

100

150

150

150

125

150

150

150

100

135

Middling[2]

200

200

250

250

200

225

250

250

250

250

233

Strict Low Middling[2]

350

300

350

350

350

325

350

400

350

325

345

Low Middling[2]

450

400

450

450

450

425

450

500

500

400

448

Yellow Stained:

Good Middling

200

175

200

225

200

200

200

250

250

300

220

Strict Middling[2]

300

275

300

325

300

250

300

350

350

350

310

Middling[2]

450

450

400

450

350

400

400

400

450

400

415

Blue Stained:

Good Middling[2]

250

225

250

275

200

250

300

300

300

325

268

Strict Middling[2]

350

325

350

375

300

350

350

400

400

375

358

Middling[2]

450

425

450

500

350

450

450

500

500

425

450

Sales for week, bales

10,205

2,376

3,160

3,227

25,450

11,851

68,007

58,387

8,681

18,594

[3] 209,938

[1] The differences are stated in terms of hundredths of a cent per pound. By “On” is meant that the stated number of points is to be added to the price of Middling and by “Off” is meant that the stated number of points is to be subtracted from the price of Middling.

[2] These grades are not tenderable on future contracts made subject to section 5 of the United States cotton futures Act, as amended, on the future exchanges at New York and New Orleans.

[3] Total sales in the designated markets.

Commercial reports indicate that trading in cotton goods has broadened and that, while the demand for goods in small quantities and under frequent orders is rather active, there is still uncertainty as to the effect of higher prices on the consumption of goods.

The crop reporting board of the Bureau of Markets and Crop Estimates on Oct. 3. 1921, estimated that the condition of the cotton crop on Sept. 25 was 42.2% of normal, compared with 49.3% on Aug. 25, 59.1% on Sept. 25, 1920, 54.4% on Sept. 25, 1919, and 62.4% the average on Sept. 25 of the past 10 years.

A condition of 42.2% on Sept. 25 forecasts a yield per acre of about 118 lbs. and a total production of about 6,537,000 bales of 500 lbs., gross. In 1920 the production was 13,439,603 bales; in 1919, 11,420,763; in 1918, 12,040,532; in 1917, 11,302,375; and in 1916, 11,449,930 bales.

The condition of the crop on Sept. 25 is the lowest on record and the estimated production is less than that for any year since 1884 when 5,682,000 bales were produced.

The preliminary report of the Bureau of the Census issued on Oct. 3, showed 2,907,950 bales ginned prior to Sept. 25, compared with 2,249,606 bales for the corresponding period last year and 1,835,214 bales for 1919. The figure for 1921 is subject to slight corrections when checked with individual returns of the ginners being transmitted by mail.

Closing Future Prices for Oct. 1 and for the Corresponding Days in 1920 and 1919.

Month.

New York.

New Orleans.

1921

1920

1919

1921

1920

1919

October

20.48

22.25

30.55

20.05

20.80

31.25

December

20.65

21.25

30.84

20.26

20.42

30.85

January

20.33

20.92

30.85

20.03

20.25

30.76

March

20.02

20.68

31.00

19.59

20.25

30.72

Stocks of Government-Classed Cotton at Future Markets.

Inspected cotton, Government-classed, in warehouses at the ports of New York and New Orleans on Sept. 30, and on the corresponding day in 1920, of the grades tenderable on future contracts made on the exchanges in these markets subject to section 5 of the United States cotton futures Act as amended:

Grade.

New York.

New Orleans.

1921

1920

1921

1920

Bales.

Bales.

Bales.

Bales.

Middling Fair

...

...

3

2

Strict Good Middling

234

3

293

95

Good Middling

4,393

24

3,645

726

Strict Middling

19,482

38

22,654

1,652

Middling

47,667

179

37,173

1,538

Strict Low Middling

39,264

3,079

19,040

1,264

Low Middling

9,443

1,294

7,410

409

Good Middling Yellow Tinged

3,880

136

3,214

71

Strict Middling Yellow Tinged

3,405

453

3,046

113

Good Middling Yellow Stained

23

2

3

2

Total

127,791

5,208

96,481

5,872

Total stocks of cotton, all kinds, on Sept. 30. at the port of New York were 147,822 bales and for the corresponding day in 1920, 25,594 bales; at the port of New Orleans, 426,488 bales, and for the corresponding day in 1920, 206,460 bales.

Cotton Movement and Exports from Aug. 1 to Sept. 30.

[Information from commercial sources.]

1921

1920

Bales.

Bales.

Port receipts

1,032,400

630,734

Port stocks

1,407,344

816,826

Interior receipts

1,292,150

736,239

Interior stocks

1,147,941

920,155

Into sight

1,852,353

1,369,128

Northern spinners’ takings

296,661

206,321

Southern spinners’ takings

497,115

328,213

World’s visible supply of American cotton

3,944,690

2,763,568

Exports for the week ending Sept. 30, amounted to 147,591 bales, compared with 86,204 bales the previous week and 109,498 bales for the corresponding week in 1920. The total exports from Aug. 1 to Sept. 30 were 870,698 bales, compared with 457,750 bales in 1920.

Exports of American Cotton from Aug. 1 to Sept. 30.

To—

1921

1920

Bales.

Bales.

Great Britain

118,751

177,162

France

145,343

92,617

Germany

248,728

110,275

Italy

32,515

26,025

Japan and China

211,103

1,526

Other countries

114,258

50,145

Total

870,698

457,750

Premium Staple Cotton.

A fair demand for premium staple cotton is reported at New Orleans and a good demand at Memphis. Some of the sales in these two markets during the week were as follows:

New Orleans:

Cents.

Strict Middling, 1^1⁄16   ins.

22

Middling, 1^1⁄16   ins.

22

Middling to Strict Middling, 1^1⁄16   ins.

22

1⁄2

Strict Good Ordinary, California, 1^1⁄16   ins.

17

Middling, 1^1⁄16 to 1^1⁄8   ins.

23

Middling to Strict Middling, 1^1⁄8   ins.

27

3⁄4

Strict Low Middling to Middling, 1^1⁄8   ins.

21

Good Middling, 1^1⁄8   ins.

30

Good Middling, 1^1⁄4   ins.

36

Strict Low Middling to Middling, 1^5⁄16   ins.

36

Middling to Strict Middling, 1^3⁄16   ins.

35

Strict Middling, full 1^3⁄16   ins.

36

Strict Good Ordinary to Low Middling, 1^3⁄16   ins.

22

Memphis:

Strict Middling, 1^1⁄8   ins.

30

Middling, 1^1⁄8 to 1^3⁄16   ins.

32

Strict Middling to Good Middling, full 1^3⁄16   ins.

37

1⁄2

Middling to Strict Middling, 1^3⁄16   ins.

34

Middling to Strict Middling, full 1^3⁄16   ins.

37

Middling, full 1^3⁄16 to 1^1⁄4   ins.

39

Strict Middling to Good Middling, 1^3⁄16 to 1^1⁄4   ins.

40

Strict Middling, 1^5⁄16 to 1^3⁄8   ins.

40

Middling, 1^3⁄8   ins.

41

The average premiums quoted in the New Orleans and Memphis markets for the staple lengths specified are stated below for Middling cotton based on Middling short staple cotton at 20^1⁄2¢ per lb. at New Orleans and 21¢ at Memphis on Oct. 1, 1921, and 23¢ per lb. at New Orleans and 25¢ at Memphis on Oct. 2, 1920.

Length.

New

Orleans.

Memphis.

1921

1920

1921

1920

Points.

Points.

Points.

Points.

1^1⁄16   ins.

175

400

200

65

1^1⁄8   ins.

750

...

700

700

1^3⁄16   ins.

1,100

...

1,200

1,800

1^1⁄4   ins.

1,500

...

1,900

...

The latest quotations received for Pima American-Egyptian cotton are 40¢ per lb. for No. 2 grade and 37¢ for No. 3 grade f. o. b. New England mill points.

Telegraphic advices indicate that Egyptian Sakellaridis cotton for prompt shipment is quoted at 63^7⁄8¢ per lb. for the grade Fully Good and 49^5⁄8¢ for the grade Good Fair on c. i. f. terms landed at Boston or New York.

COTTONSEED PRICE QUOTATIONS.

Week Ending Sept. 24.

City.

Car lots.

Wagon lots.

Per ton.

Per ton.

Charlotte, N. C.

$43.00

$40.00

Cheraw, S. C.

46.25

38.50

Edgefield, S. C.

42.00

40.00

Greenville, S. C.

...

38.00

Orangeburg, S. C.

45.00

42.00

Lauratown, Ark.

38.00

...

Ashdown, Ark.

...

32.00

Jonesboro, Ark.

...

32.00

Prescott, Ark.

...

35.00

Henning, Tenn.

...

35.00

New Orleans, La.

40.00

...

Atlanta, Ga.

45.00

42.00

Dallas, Tex.

41.00-42.00

37.00-38.00

Fort Worth, Tex.

40.00

...

Houston, Tex.

40.00

...

Oklahoma City, Okla.

35.00

30.00

Guthrie, Okla.

35.00

24.00

Chickasha, Okla.

34.00

28.00

Imports of Wool at Two Ports.

Imports of wool through the port of Philadelphia during the two weeks ending Oct. 1 totaled 2,842 bales, weighing 1,203,247 lbs., valued at $129,462. Imports at Boston during the same period totaled 802 bales, weighing 330,551 lbs., and having a valuation of $42,821. In addition, 128 bales of mohair, weighing 64,694 lbs., valued at $9,375, were received at Boston.

COTTON: COMPARATIVE PRICE VARIATIONS FOR AUGUST AND SEPTEMBER.

WOOL CONSUMPTION REPORT FOR AUGUST.

Quantities Entering into Manufacture According to Condition, Classes, and Grades.

[In thousands of pounds; i. e., 000 omitted.]

Class

and

grade.

Grease.

Scoured.

Pulled.

1921

1920

1921

1920

1921

1920

Fine:

Combing—

Domestic

6,241

2,090

45

56

19

45

Foreign

2,814

4,661

14

56

1

10

Clothing—

Domestic

985

358

654

476

229

54

Foreign

270

487

632

546

10

7

1⁄2   blood:

Combing—

Domestic

4,280

1,937

45

52

138

219

Foreign

1,285

2,066

53

50

...

...

Clothing—

Domestic

347

195

561

345

215

45

Foreign

12

10

199

114

10

7

3⁄8   blood:

Combing—

Domestic

2,207

1,323

299

148

185

106

Foreign

1,603

2,112

35

37

...

...

Clothing—

Domestic

183

71

1,019

434

443

64

Foreign

172

140

307

589

...

1

1⁄4   blood:

Combing—

Domestic

2,747

1,630

159

151

266

161

Foreign

2,719

3,329

109

143

61

32

Clothing—

Domestic

289

186

790

372

193

39

Foreign

504

314

443

243

33

19

Low or Lincoln:

Combing—

Domestic

158

223

9

36

2

2

Foreign

485

570

15

45

31

3

Clothing—

Domestic

4

13

105

45

10

7

Foreign

21

154

58

7

1

3

Carpet:

Combing, foreign

2,522

2,380

95

248

70

46

Filling, foreign

2,812

2,530

509

572

461

245

Grade not stated:

Domestic

5,513

97

103

58

...

...

Foreign

4,351

25

25

9

...

...

Total:

Domestic

22,954

8,123

3,789

2,173

1,700

742

Foreign

19,570

18,778

2,494

2,659

678

373

Grand total, August

42,524

26,901

6,283

4,832

2,378

1,115

Grand total, July

38,022

26,757

5,923

4,281

2,406

1,336

Grand total, Jan. to Aug.

283,721

321,703

43,430

56,099

17,654

13,302

Class

and

grade.

Total,

August.

Total,

July.

Total,

January

to August.

1921

1920

1921

1920

1921

1920

Fine:

Combing—

Domestic

6,305

2,191

4,166

2,411

27,035

40,533

Foreign

2,829

4,727

2,976

5,701

28,138

53,343

Clothing—

Domestic

1,868

888

1,624

773

11,720

12,322

Foreign

912

1,040

959

899

8,101

13,164

1⁄2   blood:

Combing—

Domestic

4,463

2,208

3,678

2,517

24,681

27,949

Foreign

1,338

2,116

1,345

2,544

10,088

24,582

Clothing—

Domestic

1,123

585

925

523

7,315

10,661

Foreign

221

131

310

98

2,131

3,057

3⁄8   blood:

Combing—

Domestic

2,691

1,577

2,741

1,514

20,485

29,035

Foreign

1,638

2,149

1,410

1,503

12,420

21,708

Clothing—

Domestic

1,645

569

1,580

828

11,630

12,180

Foreign

479

730

348

257

2,948

5,236

1⁄4   blood:

Combing—

Domestic

3,172

1,942

2,861

1,666

22,630

23,722

Foreign

2,889

3,504

2,424

3,829

28,920

37,667

Clothing—

Domestic

1,272

597

1,143

608

8,641

6,930

Foreign

980

576

966

608

7,106

6,561

Low or Lincoln:

Combing—

Domestic

169

261

156

199

1,386

1,742

Foreign

531

618

825

572

5,555

7,839

Clothing—

Domestic

119

65

117

61

1,074

709

Foreign

80

164

32

56

697

1,263

Carpet:

Combing, foreign

2,687

2,674

1,993

2,255

13,596

23,353

Filling, foreign

3,782

3,347

2,925

2,910

18,405

26,111

Grade not stated:

Domestic

5,616

155

5,838

20

38,550

730

Foreign

4,376

34

5,009

22

31,553

707

Total:

Domestic

28,443

11,038

24,829

11,120

175,147

166,513

Foreign

22,742

21,810

21,522

21,254

169,658

224,591

Grand total, August

51,185

32,848

...

...

...

...

Grand total, July

...

...

46,351

32,374

...

...

Grand total, Jan. to Aug.

...

...

...

...

344,805

391,101

Quantities Entering into Manufacture According to Sections.

[In thousands of pounds, i. e. 000 omitted.]

Section.

Grease.

Scoured.

Pulled.

Total.

1921

1920

1921

1920

1921

1920

1921

1920

New England

27,026

13,980

3,419

2,097

894

500

31,339

16,577

Middle Atlantic

13,710

11,516

1,419

1,431

1,162

469

16,291

13,416

Pacific coast

62

47

235

182

55

12

352

241

Other sections

1,726

1,358

1,210

1,122

267

134

3,203

2,614

Grand total

42,524

26,901

6,283

4,832

2,378

1,115

51,185

32,848

Foreign Markets

INCREASE IN WHEAT SHIPMENTS FEATURES EXPORT TRADE.

August, 1921, Exports of Wheat Exceed in Quantity Those of Any Single Month in Ten Years.

Exports of farm products during August had a total value of $233,000,000, an increase of $57,000,000 over the month of July, when the value of agricultural exports totaled $176,000,000, according to preliminary trade statistics obtained from the Department of Commerce. Agricultural products represented 62.1% of the total exports during the month, as compared with 55% during July.

The outstanding feature of the month’s foreign trade was the big increase in the exports of wheat, which totaled 59,000,000 bus., as compared with 25,000,000 bus. exported in July, and 28,000,000 bus. exported in August of last year. The August, 1921, exports exceeded those of any other single month during the past ten years.

The exports of cotton totaled 254,739,435 lbs., compared with 271,527,561 lbs. in July, a decrease of 16,788,126 lbs., equivalent to 33,576 bales of 500 lbs. each.

Exports of meat and meat products totaled 203,758,869 lbs., compared with 201,767,270 lbs. for July, and 82,268,344 lbs. exported during the month of August, 1920. The exports of lard jumped from 83,329,000 lbs. in July to 87,410,000 lbs. in August.

Of condensed, evaporated, and powdered milk 31,958,637 lbs. were exported during August, compared with 18,053,097 lbs. during July and 25,638,722 lbs. for August, 1920.

Exports of corn totaled 13,651,559 bus. compared with 14,972,765 bus. exported during July, and 781,271 bus. during August, 1920. The total exports of corn during the first eight months of 1921 were 86,372,464 bus. compared with 10,525,077 bus. exported during the first eight months of 1920.

Exports of rice totaled 61,981,737 lbs., as against 63,264,950 lbs. in July, and 10,322,640 lbs. exported during August, 1920. Total exports of rice during the first eight months of 1921 were 434,863,107 lbs. compared with 289,514,321 lbs. exported during the first eight months of 1920.

Exports of tobacco totaled 53,076,605 lbs., a slight decrease from July, but more than 10,000,000 lbs. greater than the exports for August, 1920.

The exports of the principal agricultural products during August and July, 1921, with comparisons for August, 1920, and the first eight months of the calendar years 1920 and 1921, are set forth in Table 1.

The value of the agricultural products imported into the United States during August was $116,000,000, or 59.8% of all imports during the month, compared with $98,000,000 in July, 1921, and $350,000,000 in August, 1920. The leading commodities imported, together with their declared values, were: Raw silks, $27,721,270; sugar, $18,119,559: coffee, $10,012,416; hides and skins, $8,226,888; tobacco, $5,190,213; rubber, $5,098,629; seeds, $4,071,250; vegetable oils, $2,873,161; fibers, $2,117,925; unmanufactured wool, $2,081,065; bananas, $1,918,357; cacao, $1,006,333.

The imports of some of the principal agricultural products during August and July, 1921, with comparisons for August, 1920, and the first eight months of the calendar years 1920 and 1921 are set forth in Table 2.

MONTHLY TREND OF EXPORTS OF WHEAT, COTTON, PORK, AND LARD.

[The 1910-1914 curve represents the prewar annual average.]

TABLE 1.—MONTHLY EXPORTS OF PRINCIPAL AGRICULTURAL PRODUCTS.

Commodity.

Unit.

Aug., 1921.

July, 1921.

Aug., 1920.

Eight months ending—

Aug., 1921.

Aug., 1920.

Wheat

Bus.

58,536,829

24,842,294

27,693,982

206,602,944

99,775,041

Wheat flour

Bbls.

1,872,573

1,238,019

1,166,707

11,182,195

15,256,168

Cotton

Lbs.

254,739,435

271,527,561

74,767,391

1,958,818,466

1,982,687,809

Meat and meat products

Lbs.

203,758,869

201,767,270

82,268,344

1,381,422,150

1,246,522,110

Butter

Lbs.

435,489

531,078

436,214

6,260,466

15,965,485

Cheese

Lbs.

428,014

2,200,800

374,538

9,912,810

13,674,469

Milk (condensed, evaporated, and powdered)

Lbs.

31,958,637

18,053,097

25,638,722

184,120,177

335,270,393

Tobacco

Lbs.

53,076,605

53,174,339

42,828,455

374,316,822

326,728,208

Wool

Lbs.

92,702

193,574

683,320

1,526,920

5,967,463

Corn

Bus.

13,651,559

14,972,765

781,271

86,372,464

10,525,077

Rice

Lbs.

61,981,737

63,264,950

10,322,640

434,863,107

289,514,321

Rye

Bus.

3,079,857

931,148

5,082,819

21,479,252

41,481,106

TABLE 2.—MONTHLY IMPORTS OF PRINCIPAL AGRICULTURAL PRODUCTS.

Commodity.

Unit.

Aug., 1921.

July, 1921.

Aug., 1920.

Eight months ending—

Aug., 1921.

Aug., 1920.

Sugar

Lbs.

570,852,965

277,270,645

880,435,997

4,431,517,830

6,565,255,469

Hides and skins

Lbs.

38,090,047

34,377,952

35,127,547

236,176,698

402,772,854

Tobacco

Lbs.

4,819,657

3,154,947

7,894,406

208,505,559

63,424,548

Wool

Lbs.

15,866,744

9,396,864

14,447,810

273,521,338

213,531,918

Rice (cleaned)

Lbs.

6,567,780

1,407,850

15,354,050

38,096,280

104,671,751

Meat and meat products

Lbs.

5,013,869

3,385,354

25,015,317

53,632,204

89,534,449

Butter

Lbs.

149,886

191,748

2,737,265

11,774,801

25,592,355

Lemons

Value.

$242,440

$304,058

$456,387

$944,756

$2,576,655

Good Outlook for Spain’s Crop of Jordan and Valencia Almonds.

From all available reliable sources it is believed that Spain’s 1921 crop of Jordan almonds, which are grown only in the Provinces of Malaga, Jaen, Granada, and Almeria, will be about equal to last year’s production, reports the American consul at Malaga. Various exporters place the crop from 70,000 to 75,000 boxes of 25 lbs. each.

The crop is somewhat delayed because of the late spring, but the quality is good. Since all stocks of this variety have been exhausted for some time, the demand is active, and opening prices f. o. b. Malaga are expected to be considerably higher than last year. However, this should make but little difference to the buyers in the United States, as they will benefit by the decrease in the exchange value of the peseta.

The general opinion seems to be that this year’s crop of Valencia almonds will exceed last year’s production by 15% to 20%. Inasmuch as these almonds are grown in various parts of Spain and often shipped to Malaga for export, it is difficult to give exact figures. Prices of Valencia almonds are regulated by quotations from Italy, but Spanish farmers in the Malaga district are expecting good prices on account of the small stocks carried over.

The following table gives the total exports of shelled almonds from Malaga, Spain, to all countries and to the United States during the past five years:

Year.

Total

exports.

Exports to

the United

States.

Pounds.

Pounds.

1916

4,548,090

2,873,356

1917

2,469,152

2,183,659

1918

4,664,934

2,882,597

1919

6,673,324

3,821,341

1920

2,521,078

5,028,693

WASHINGTON : GOVERNMENT PRINTING OFFICE : 1921

Transcriber’s Notes

Inconsistent spelling, hyphenation and formatting have been retained, except as mentioned below.

Article Fruits and Vegetables, section Onions, ... in Pittsburgh, clos- $3.75 to $4: as printed in the source document; some text is obviously missing.

Article Grain and Seeds, section FLOUR EXPORTS FROM CANADA, The premium over the December strengthened: as printed in the source document; some text is missing.

The wide tables are viewed best in a wide browser window.

Changes made:

Articles that were printed in multiple parts throughout the source document have been re-combined. References to the other parts of those articles (Continued page ...; Concluded from ..., etc.) have been deleted, as have been the headlines above the continuations of the articles. As a consequence, the magazine’s pagination and the order of articles are at places different from those in the source document.

Several tables and charts have been moved outside text paragraphs.

Some obvious minor typographical and punctuation errors haver been corrected silently.

Page number have been removed; references to pages have been replaced by links to the relevant sections or elements.

Table LIVE STOCK PRICES, TUESDAY, OCT. 4: the indentation of the first column has been standardised.

In some tables thousand separators have been inserted.

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Table of Contents

The Market Reporter

GROWERS HOLD CLOVER SEED FOR HIGHER PRICES.

Quality of 1921 Crop About Same as That of last Year—Alsike Clover Seed Movement Normal.

MOVEMENT SLOW.

A GLANCE AT THE MARKETS.

AUGUST EXPORTS OF EVAPORATED MILK SHOW INCREASE.

Shipments of Evaporated Milk During August Exceed Those of Condensed—Export Prices Lower.

Live Stock and Meats

HEAVY RECEIPTS FEATURE WEEK’S LIVE STOCK BUSINESS.

Trend of Cattle Prices Decidedly Irregular—Hog Market Has Fairly Healthy Tone.

SHEEP AND LAMB RECEIPTS LARGE.

SHE-STOCK PRICES BREAK.

SHEEP AND LAMB TRADE IMPROVED.

MEAT TRADE NARROW DURING MOST OF SEPTEMBER.

Fairly Good Demand Early in Month Not Sustained—Week-End Accumulations Frequent.

BEEF TRADE UNIMPROVED.

LAMB TRADE CHAOTIC.

List of Brazilian Live-stock Raisers and Breeders Available for Distribution.

Argentine Exports of Chilled Beef, Frozen Mutton and Lamb Increase.

Canadian Livestock Marketing Costs.

Fruits and Vegetables

HEAVY PRODUCE MOVEMENT SENDS PRICE TREND DOWNWARD.

Potato Shipments Double Those of Preceding Week—Total Movement Near Peak of Season.

POTATO SHIPMENTS HEAVY.

OTHER FRUITS AND VEGETABLES.

Northern Maine Has Large Potato Crop.

Correction.

RECORD BROKEN BY YEAR’S WATERMELON SHIPMENTS.

Carlot Movement Double that of 1918—Crop of Excellent Quality—Prices Decline Rapidly.

Fruit Prices Firm in New York; Vegetable Prices Dull and Lower.

Dairy and Poultry

DEFINITE IMPORT INFORMATION STEADIES BUTTER MARKET.

Tendency Toward Higher Prices—Danish Butter Has Sentimental Effect on Market.

MARKET ON UNDERGRADES IMPROVED.

Dried and Frozen Egg Shipment Arrives From China.

CHEESE MARKETS BECOME STEADY UNDER IMPROVED DEMAND.

Southern Buying Materially Increased—Considerable Quantities of Canadian Cheese Bought.

RETAIL DEMAND INCREASED.

Grain and Seeds

WHEAT AND CORN FUTURES DROP STEADILY IN PRICE.

Cash Premiums Strengthen in all Markets Except Minneapolis—Flour is Imported.

FLOUR IMPORTS FROM CANADA.

Ocean Freight Rates on Grain and Flour Reduced.

Bulk of White Clover Seed Already Sold.

Timothy Seed Exports to Europe.

Egypt May Control Sowing of Cotton Seed.

Hay and Feed

HAY PRICES REGISTER ADVANCE IN NEW YORK MARKET.

Prices in Most Markets Unchanged Under Continued Light Receipts—Demand for Top Grades Only.

TIMOTHY UP $4 AT NEW YORK.

WHEAT MILL FEED MARKET SHOWS VERY WEAK CONDITION.

General Inactivity in Feed Market Continues—Offerings of Cottonseed Meal Increasing.

MIDDLINGS ACTIVE.

GLUTEN FEED DEMAND DULL.

DEMAND FOR CUT HAY ALMOST A THING OF THE PAST.

General Use of Automobiles and Electric Street Cars Cuts Sales—Was Used Mostly in Cities.

FED MIXED WITH GRAIN.

IMPORTS OF FORAGE-PLANT SEEDS.

Cotton

PRICES OF SPOTS AND FUTURES CONTINUE TO ADVANCE.

Condition of Crop Poorest on Record—Production Estimated at Only 6,537,000 Bales.

TRADE APPREHENSIVE.

SPOT SALES LARGER.

Stocks of Government-Classed Cotton at Future Markets.

Premium Staple Cotton.

Imports of Wool at Two Ports.

Foreign Markets

INCREASE IN WHEAT SHIPMENTS FEATURES EXPORT TRADE.

August, 1921, Exports of Wheat Exceed in Quantity Those of Any Single Month in Ten Years.

Good Outlook for Spain’s Crop of Jordan and Valencia Almonds.

Transcriber’s Notes

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