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Title: Weather, Crops, and Markets. Vol. 2, No. 6

Author: Anonymous

Release date: April 25, 2019 [eBook #59362]

Language: English

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*** START OF THE PROJECT GUTENBERG EBOOK WEATHER, CROPS, AND MARKETS. VOL. 2, NO. 6 ***

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WEATHER

CROPS AND MARKETS

Published Weekly by the

United States Department of Agriculture

CERTIFICATE: By direction of the Secretary of Agriculture the matter contained herein is published as statistical information and is required for the proper transaction of the public business. Free distribution is limited to copies “necessary in the transaction of public business required by law.” Subscription price $1 per year (foreign rate $2) payable in cash or money order to the Superintendent of Documents, Government Printing Office, Washington, D. C.

W   ASHINGTON, D. C.

AUGUST 5, 1922.

VOL. 2, NO. 6

EXPORT BUTTER DEMAND CAUSES MUCH INTEREST

Sales to United Kingdom Strengthened Early Summer Market—Shift in England’s Supply Sources.

A demand for American butter by English buyers had a materially strengthening effect on the early summer market in the United States. This generally unexpected export demand has called forth various explanations in the attempt to determine the probability of continued demand from that source.

An analysis of the international butter trade of the past 10 years indicates that a change not yet generally realized has taken place in the seasonal trend of imports of butter into the United Kingdom, which largely accounts for this demand in anticipation of an autumn shortage. This change is due to the shift that took place during the war in the sources of supply of that greatest of all butter-importing countries.

SUPPLY WAS UNIFORM.

Prior to the war the United Kingdom obtained its butter supply from such widely scattered sources in both the Northern and the Southern Hemispheres that the supply was remarkably uniform from month to month throughout the year. During the war, when supplies available from continental Europe and Russia were reduced, Australia, New Zealand, and Argentina were encouraged to expand their dairy industry, and have together since that time continued as the most important sources of supply of butter on the British markets.

As the flush of production in Australia, New Zealand, and Argentina occurs during the fall and winter months when production is lightest in North America and Europe, England now receives an average of two-thirds of the total supply of foreign butter during the winter and spring, whereas formerly but one-half was received during this period.

Although consumption does not necessarily follow the same seasonal trend as the imports, it is a fact, according to reports of London dealers, that butter stocks are now lower than at the same time last year, when at least 50,000,000 lbs. of Government stocks still remained unsold in England. With comparatively light stocks and the certainty that imports into England after July can not be as heavy as during the first six months, a speculative demand has been stimulated in that country in anticipation of an expected autumn shortage.

Although butter production since the war has recovered rapidly in practically all of the important dairy countries, Russia is still out of the world’s market. The cutting off of the Russian exports to England, which amounted to 150,000,000 lbs. annually from 1909 to 1913, was the greatest single factor in bringing about, this change in the seasonal supply of the latter country.

The present statistical position of the United States is, therefore, somewhat misleading, unless due consideration is given to

(Concluded on page 111, column 2.)

IN THIS ISSUE.

Page.

Crop Reports

106

Condition of cotton crop on July 25. Truck crop reports.

Live Stock and Meats

107

Nearly all classes sold at lower levels. Fresh meat markets were slow.

Dairy and Poultry

110

Butter markets weakened under heavy supplies. Cheese prices were lower. Monthly report on condensed and evaporated, and powdered milk markets.

Fruits and Vegetables

112

Shipments continued liberal. White potato prices slumped. Most other lines steady to firm.

Grain

114

Wheat prices continued downward trend. Cash corn fairly steady.

Hay and Feed

115

Hay demand was dull. Feed prices were easier for most kinds.

Seeds

116

Reports on Kentucky bluegrass, orchard grass, and meadow fescue seed crops.

Cotton

117

Prices declined slightly. Weather reports a factor.

Weather

118

Weather favored growth of most crops.

COTTON CROP CONDITION 70.8 PER CENT NORMAL

Loss Amounts to 0.4 Per Cent During Past Months—Total Output Estimated at 11,449,000 Bales.

The condition of the cotton crop on July 25 was 70.8% of normal, according to the estimate made by the U. S. Department of Agriculture on Aug. 1. Compared with the condition of 71.2% on June 25, this shows a decrease in condition of 0.4% for the month. The average condition of the cotton crop on July 25 for the past 10 years stands at 73% of normal.

A condition of 70.8% of normal on July 25 this year forecasts a yield per acre of about 157.2 lbs. and a total production of about 11,449,000 bales of 500 lbs. gross weight each. The final outturn may be larger or smaller than this amount, of course, depending upon whether or not the conditions that develop during the remainder of the season prove more or less favorable to the crop than such conditions ordinarily prove.

Condition of the Cotton Crop on July 25, with Comparisons.

[100 = normal.]

State.

July 25.

June 25, 1922.

July 25, 1922.

Change, June 25 to July 25.

10–yr. av.

1920

1921

10 yr. av.

1922

Virginia

81

74

82

85

80

0

–5

North Carolina

77

77

75

76

78

–1

+2

South Carolina

73

77

62

60

60

–2

0

Georgia

71

68

59

58

54

–3

–4

Florida

71

64

60

75

65

–5

–10

Alabama

69

67

58

68

70

–5

+2

Mississippi

72

71

68

76

74

–4

–2

Louisiana

70

71

59

69

70

–7

+1

Texas

72

74

62

72

72

–6

0

Arkansas

76

78

76

80

81

–3

+1

Tennessee

78

76

75

83

85

0

+2

Missouri

80

81

80

92

90

0

–2

Oklahoma

77

85

68

76

75

–2

–1

California

95

85

83

91

95

+2

+4

Arizona

[1]90

85

89

85

86

[1]+1

+1

New Mexico

85

88

85

85

0

United States

73.0

74.1

64.7

71.2

70.8

–3.9

–0.4

Last year the production was 7,953,641 bales, two years ago 13,439,603 bales, three years ago 11,420,763 bales, four years ago 12,040,532 bales, and five years ago 11,302,375 bales.

The 1922 acreage of Egyptian type cotton is estimated at 80,000 acres in Arizona and less than 1,000 acres in California. In 1921 Arizona had 75,000 acres and California 9,000 acres, while in 1920 the estimate for Arizona was 200,000 acres and for California 45,000 acres.

The department’s estimate of cotton acreage in cultivation on June 25, which was made public on July 3, remains unchanged at 34,852,000 acres because the acreage abandoned before that date was excluded. A great decrease in cotton acreage followed the high acreage of 1920, which was 37,043,000 acres, because of the disastrous break in prices to growers in that year.

The accompanying table gives detailed information on the condition of the cotton crop on July 25, by States, together with comparisons.

Paradox in Forecast Yield of Crop per Acre as Indicated by Condition.

A crop may deteriorate in condition during a growing month and yet its yield per acre as forecast by a computation based on the lowered condition may increase. In the average of crop experiences during the growing period a certain crop declines in condition during a certain month by a certain percentage of a normal condition.

For instance, the cotton crop has a record of a deterioration of 3.9% of a normal condition from June 25 to July 25 in the average of the last 10 years. As a matter of fact, however, during this period in 1922 the deterioration in the condition of the cotton crop was only 0.4%. This is clearly a relative improvement because it is less than the usual deterioration of 3.9%. Hence the yield per acre in the forecast for July 25 must be greater than in the forecast made a month earlier, notwithstanding the absolute decline in condition.

Apple-tree tent caterpillars are very numerous in New England and New York this year. Farther south these pests are noticeably less numerous than usual.

Report on Cabbage, Celery, and Onions in Michigan.

Reports from the field service of the U. S. Department of Agriculture for the date of July 25 concerning commercial cabbage, celery, and onions in Michigan contain the following information:

Cabbage.—Five counties in southern Michigan have about 1,285 acres of commercial cabbage compared with last year’s area of 590 acres, or an increase of 118%. The counties and their cabbage areas are: Ingham 160 acres, Eaton 225 acres, Jackson 67 acres, Hillsdale 233 acres, and Branch 600 acres. The principal increases over 1921 are in Hillsdale and Branch Counties. The crop is generally in excellent condition.

In Hillsdale County, Jonesville has 200 acres, of which 130 acres are under contract; Mosherville has 13 acres for kraut; and Litchfield has 20 acres. In Branch County, Quincy has approximately 250 acres of commercial cabbage, of which 170 acres are under contract: and Coldwater has about 350 acres, with 60% under contract. The kraut plant in Coldwater will be in operation this year. Baroda, in Berrien County, has 60 acres of cabbage and Niles, in the same county, 40 acres for kraut.

In northern Michigan, Saginaw County has 1,400 acres of commercial cabbage, 300 acres of which are under contract.

Celery.—The combined area of commercial celery in Lenawee, Cass, Allegan, and Kent counties is 1,005 acres, an increase of 450 acres over 1921. Lenawee County has 117 acres, Cass 118 acres, Allegan 170 acres, and Kent 600 acres. The crop is in excellent condition.

Onions.—Allegan County has about 603 acres of commercial onions, or 88% more than in 1921. The Gull Swamp section (Martin, Gull Plain, Shelbyville, Hooper) has approximately 550 acres. Other acreages are: Wayland 8 acres, Dorr 25 acres, Herps 20 acres. The condition of the crop in Allegan County is above average. Kent County has an onion acreage about the same as last year’s.

Florida watermelons were widely distributed this season. Some shipments went as far as San Francisco, Portland, Seattle, Vancouver, B. C., and other Canadian points.

CONDITION OF THE COTTON CROP, JULY 25, 1922

INTERMEDIATE ONION CROP ESTIMATED AT 6,753 CARS

Early and Intermediate Crops Forecast at 13,605 Cars—Acreage Increased in Late States.

The production of commercial onions in the seven intermediate shipping States is forecast at 6,753 cars of 500 bus. each, compared with a production in 1921 of 4,472 cars, according to estimates of the U. S. Department of Agriculture for July 15. These intermediate States are: New Jersey, Maryland, Virginia, Kentucky, Iowa, Texas, and Washington.

New Jersey leads the intermediate States with an indicated production of 1.613 cars, and following in order are Washington with 1,566 cars, Texas with 1,092 cars, Iowa with 1,062 cars, Kentucky with 600 cars, Virginia, with 560 cars, and Maryland with 260 cars.

The commercial onion crop in the intermediate and early States combined is forecast at 13,605 cars, each car of the early crop containing 530 bus. and of the intermediate crop 500 bus. In 1921 the harvest of early and intermediate onions totaled 10,287 cars.

About 38,000 acres have been planted to late commercial onions, compared with about 35,000 acres in 1921, according to the department’s estimates. The condition of the late commercial onion crop was 83% of normal on July 15. This condition is about average.

The accompanying tables give detailed information, by States, on the early and intermediate crops and the late crop.

Acreage and Forecast of Production of Commercial Onions in Intermediate and Early States.

State.

Acreage.

Yield per acre.

Production.

Harvested, 1921

Planted, 1922

Average, 1921

Indicated, 1922

Harvested, 1921

Forecast, 1922

Acres.

Acres.

Bu.

Bu.

Cars.  [2]

Cars.  [2]

Iowa

1,200

1,600

202

332

485

1,082

Ky.

1,000

1,000

324

300

648

600

Md.

500

500

250

260

250

260

N.J.

2,400

2,400

239

336

1,147

1,613

Tex.

1,000

1,500

275

304

550

1,092

Va.

800

1,000

280

280

448

560

Wash.

1,300

1,500

363

522

944

1,566

Total intermediate States

8,200

9,500

273

355

4,472

6,733

Early States previously reported  [3]

13,500

16,000

228

227

5,815

6,852

Total, intermediate and early States

21,700

25,500

245

275

10,287

13,605

Acreage and Condition of Commercial Onions in Late States.

State.

Acreage.

Condition (100=normal).

Harvested, 1921.

Planted, 1922.

July 1, 7–yr. av.

July 1, 1921.

June 1, 1922.

July 1, 1922.

July 15, 1922.

Acres.

Acres.

P.ct.

P.ct.

P.ct.

P.ct.

P.ct.

Calif., central dist.

7,800

6,500

90

89

100

90

95

Colo.

800

1,500

80

91

90

88

91

Idaho.

100

300

89

94

88

94

98

Ill.

1,100

1,300

89

79

75

82

79

Ind.

3,698

1,600

78

73

77

73

83

Mass.

4,500

4,600

83

73

78

79

75

Mich.

1,300

1,700

79

65

86

89

88

Minn.

1,300

1,300

88

89

85

95

90

N. Y.

7,300

8,300

75

78

86

74

68

Ohio

5,100

5,800

79

73

98

88

88

Oreg.

900

900

78

80

100

73

79

Pa.

300

400

81

93

100

95

95

Utah

100

100

93

94

96

91

90

Wis.

1,000

1,000

81

82

96

90

86

Total

35,200

38,300

82

80

89

82

83

Live Stock and Meats

NEARLY ALL CLASSES OF LIVE STOCK SELL AT LOWER LEVELS

Price Ranges on Beef Steers Widen—Heavy Hogs Break Sharply—Sheep Prices Irregular.

Practically all classes of live stock sold lower during the week ending July 29. In beef steer trade the general decline was assisted materially by the heaviest run of native, western, and Canadian grassers of the season. Downturns of mostly 25¢ at Chicago and of 50¢-$l at some Missouri River markets were apparent on the more common descriptions. As supplies of western grassers increased, the supply of long-fed bullocks decreased and as the latter were sought by all interests, the widest price range of the season on beef steers was created at all markets.

Hog prices fluctuated sharply, closing Chicago values being 25¢–50¢ lower on mixed grades and heavy packers, and 40¢–55¢ on good butcher hogs compared with the close of the previous week. Much of the supply at Omaha and a good percentage of the run at Chicago and some other markets consisted of heavy sows and mixed packing grades, and these pulled the general average down to the lowest levels since early in February.

SHEEP TRADE ERRATIC.

Trade in fat sheep and feeding lambs was erratic, with closing prices highest of the week but showing an irregular basis compared with the previous week’s close.

Receipts at 10 large markets for the week were approximately 199,000 cattle, 502,000 hogs and 195,000 sheep, compared with 215,357 cattle, 452,902 hogs, and 244,517 sheep the previous week, and 166,112 cattle, 398,424 hogs, and 199,137 sheep the corresponding week last year.

Cattle.—Receipts of grassers from native territory, range States, and Canada, assumed the largest proportions of the season. Short-feds also were numerous, and long-fed matured beef steers and yearlings correspondingly scarce. Canadians were unusually numerous at St. Paul and Chicago for so early in the season, the July supply at the former market up to July 27 standing at 5,800 as compared with 988 for the corresponding period a year ago. The collapse of cattle values in Canadian provinces was an incentive for shipping across the border.

Canadians and Dakotas were generally in poor flesh and turned at $4.75–$6.50, killers taking a few at the latter price. Oklahoma and Texas grass steers invaded Kansas City and St. Louis in liberal numbers, and sold largely within a spread of $4.25–$7, many quarantine steers, grading as cutters, selling around $4.25–$4.75. Kansas pasture cattle were well represented at Kansas City, and winter grass steers of good weight and condition sold there upward to $8.75 or slightly higher. A few lots of Utah and California steers arrived at Omaha. Bulk of grass steers sold there at $6–$7.25, a large proportion of the far western steers being in feeder flesh. One lot of Montana steers showing breeding quality and good killing flesh brought $8.75 at that market from a producer. This lot met good packer competition, and the relatively high sale price indicated the plainness of the early run of grassers in general.

Long-fed matured bullocks, averaging 1,443 lbs. reached $10.80 at Chicago and best long yearlings topped at $10.50, the premium of heavy steers over yearlings continuing in evidence. Sales above $10.25 were comparatively scarce, bulk of beef steers at Chicago being of quality and flesh to sell at $8.50–$10. At that point few bullocks that had received even a sparse corn ration on grass sold under $8, but common native and western grassers cashed well below that figure.

PRODUCERS IN MARKET.

The influx of westerns augmented the stocker and feeder supply and producers took more notice of their pasture and feed lot needs than recently, insisting, however, on lower prices except on kinds of high quality. A spread of $5.50–$6.50 absorbed the majority of stockers and light feeders at Chicago, a few heavy feeders reaching $7.50, while good feeders commanded $7.25–$7.75 at Kansas City, most of the desirable stockers bringing $6.50–$7 at that market. Common light stock steers descended to $4.50 and lower in instances there and at St. Louis.

She stock offerings were comparatively scarce, and flesh condition for the most part was plain to medium. Highly finished kosher cows maintained $8–$8.50 levels and above at Chicago, corn-fed yearling heifers selling in line with steers of a similar finish. In-between grades of beef cows and heifers lacked dependable outlet, generous runs of low grade grass steers at river markets being a weakening influence. Bulk of fat cows and heifers at Chicago brought $5–$7.25. Canners displayed strength, few healthy descriptions selling there below $3.

Bulls closed largely 25¢ lower; desirable heavy bolognas cashed upward to $4.75–$4.85 early at Chicago, but descended to around $4.50, heavy beef bulls sharing the decline. Reduced arrivals of veal calves at Chicago somewhat counteracted the effect of slump conditions in the dressed market and values advanced 25¢–50¢, packers taking desirable vealers at the close at Chicago at $9.50–$10, these interests as well as small killers paying upward to $10.50 for specialties.

Hogs.—Although receipts at Chicago were moderate, being about the same as in the preceding week, those at western points

(Concluded on page 109, column 1.)

MODERATE RECEIPTS OF MOST MEATS IN EXCESS OF DEMAND

Prices Generally Lower on Beef, Veal, Lamb, and Mutton—Heavy Pork Loins Also Lower.

(Boston, New York, Philadelphia, and Chicago.)

Moderate receipts of beef, veal, lamb, and mutton were in excess of the limited demand and prices were generally lower for the week ending July 28. Heavy pork loins were weak to lower with other classes steady to higher, except at New York, where all averages shared in the decline.

Beef.—Moderate receipts of beef at eastern markets found a limited outlet. Good and choice grades of steers were not plentiful, but were neglected in favor of poorer grades as prices were given more consideration than quality. The demand for chucks and rattles showed some improvement, and prices on these were relatively firmer than on other cuts. Cows were mostly of medium and common grades and were hard to move. At Chicago the assortment of steer beef was good, but prices weakened under a narrow demand. Few desirable cows were available, most of the supply having consisted of the poorer grades.

PRICES UNEVEN AT CLOSE.

Compared with the close of the preceding week. Boston was about steady, New York unevenly 50¢-$3 lower, Philadelphia $1–$2 lower, and Chicago $1 lower. Cows were weak to $1 lower at Boston, $l-$2 lower at New York and Philadelphia, and 50¢ lower at Chicago. Receipts of bulls were light, and prices closed steady to $1 higher at Boston, steady to $1 lower at New York, and 25¢–50¢ lower at Chicago, with very few on sale at Philadelphia. Kosher beef trade was slow, and prices closed around $1 lower at New York and unchanged elsewhere.

Veal.—Except at Boston the demand for veal at eastern markets was poor after the early part of the week, and prices declined daily. At that market western dressed receipts and local slaughter were light and demand fair. At Chicago the fairly liberal offerings were too great for the slow demand, and the market had a weak undertone. Compared with the close of the preceding week, Boston was steady to $1 lower. New York $2–$3 lower, Philadelphia $2–$4 lower, and Chicago $1 lower.

DAILY AVERAGE WEIGHT AND COST OF HOGS, WEEK ENDING JULY 29, 1922.

[Price per 100 pounds.]

Market.

Mon.

Tues.

Wed.

Thurs.

Fri.

Sat.

This wk.

Last wk.

1 yr. ago.

Wt.

Cost.

Wt.

Cost.

Wt.

Cost.

Wt.

Cost.

Wt.

Cost.

Wt.

Cost.

Wt.

Cost.

Wt.

Cost.

Wt.

Cost.

Chicago

259

$9.73

269

$9.52

252

$9.45

267

$9.25

266

$9.24

277

$9.24

263

$9.44

261

$9.53

252

$10.35

E. St. Louis

200

10.70

198

10.71

218

10.36

203

9.96

205

10.03

199

10.22

202

10.33

199

10.66

201

11.33

Kansas City

212

10.24

217

9.96

217

9.76

219

9.49

200

9.55

216

9.36

217

9.85

217

9.95

228

10.47

Omaha

261

9.06

273

8.81

280

8.46

273

8.20

273

8.32

281

8.43

274

8.54

265

9.00

265

9.54

St. Joseph

233

9.71

233

9.75

233

9.50

246

9.16

250

9.04

234

9.32

238

9.45

238

9.67

S. St. Paul

277

8.45

282

8.62

281

8.30

269

8.10

279

8.14

256

8.25

277

8.32

271

8.50

257

9.32

The above prices are computed on packer and shipper purchases.

RECEIPTS, SHIPMENTS, AND LOCAL SLAUGHTER, WEEK ENDING JULY 29, 1922.

Markets.

Cattle and calves.

Hogs.

Sheep.

Receipts.

Shipments.

Local slaughter.

Receipts.

Shipments.

Local slaughter.

Receipts.

Shipments.

Local slaughter.

Chicago

61,949

14,367

47,582

141,033

30,301

110,732

69,291

19,002

50,289

Denver  [4]

6,041

4,923

1,937

6,151

60

5,885

10,743

1,958

1,698

East St. Louis

26,146

13,103

14,721

54,947

25,404

25,941

21,991

4,597

13,814

Fort Worth  [4]

21,089

7,681

10,727

5,472

746

3,926

5,055

3,871

997

Indianapolis  [4]

8,341

4,727

4,194

44,242

15,360

28,561

4,400

1,693

2,202

Kansas City

58,679

26,973

29,574

39,383

10,627

27,387

17,871

4,067

12,453

Oklahoma City

10,258

5,108

4,902

7,835

695

8,028

407

80

295

Omaha

25,524

10,795

14,060

72,894

18,668

54,144

57,645

26,612

27,353

St. Joseph  [4]

8,388

2,344

5,548

40,712

6,822

31,942

9,264

2,908

6,396

St. Paul  [4]

35,933

19,472

15,369

30,560

3,616

24,224

5,982

883

5,048

Sioux City

12,746

7,336

4,314

45,910

17,483

27,478

1,060

333

544

Wichita  [4]

7,415

3,739

2,614

9,915

136

9,271

544

373

Total

282,509

120,568

155,542

499,054

129,918

357,519

204,253

66,004

121,462

Previous week

298,028

106,244

182,957

443,027

112,557

330,482

239,860

52,840

172,547

Lamb.—The lamb market showed daily declines at eastern markets and Chicago after opening firm to higher on Monday. Receipts were fairly liberal and demand poor. Supplies accumulated, although some lamb was put in the freezers. Compared with the close of the preceding week, Boston and New York were $1–$3 lower, Philadelphia $2–$3 lower, and Chicago $1–$2 lower.

Mutton.—The bulk of the moderate receipts of mutton at eastern markets was undesirable because of weight and excessive finish. Prices were also influenced by the drop in lamb values, and daily declines were the rule. At Chicago offerings consisted largely of heavy ewes and bucks, but prices showed little change. Compared with the close of the preceding week, Boston, New York, and Philadelphia were $2–$4 lower, with Chicago unchanged.

Pork.—Fresh light loins were seasonally scarce and relatively firmer in price than heavier averages. Receipts of fresh loins were light, but there was an ample supply of the frozen product on sale. Compared with the close of the preceding week, Boston and Philadelphia were steady to $1 higher except on heavy loins, which were weak to $1 lower with some sales off more. New York closed unevenly $2–$5 lower, and Chicago steady to $1 higher.

Wool Imports at Two Ports.

Imports of wool through the port of Philadelphia during the week ending July 29 amounted to 417,226 lbs., valued at $77,165. Imports through the port of Boston during the same week amounted to 2,774,745 lbs., having a valuation of $878,563, and in addition there was received through the port of Boston 48,776 lbs. of camels’ hair, valued at $11,986 and 244,767 lbs. of mohair having a valuation of $56,581.

CHICAGO WHOLESALE PRICES OF CURED PORK AND PORK PRODUCTS.

[Per 100 pounds.]

July 28.

July 21.

June 30.

Hams, smoked, 14–16 average

$26.00–28.50

$27.00–29.50

$28.00–29.50

Hams, fancy, 14–16 average

29.50–31.50

30.00–32.00

31.00–33.00

Picnics, smoked, 4–8 average

17.00–19.00

17.00–19.00

17.00–19.50

Bacon, breakfast, 6–8 average

25.00–28.00

24.00–28.00

25.00–27.50

Bacon, fancy, 6–8 average

32.00–36.00

32.00–35.50

32.00–35.00

Bellies, D. S., 14–16 average

15.50–16.00

15.50–16.00

16.00–17.00

Backs, D. S., 14–16 average

12.00–13.50

12.00–13.50

12.00–13.00

Pure lard, tierces

13.00–14.25

12.00–13.25

12.50–14.00

Compound lard, tierces

12.75–14.00

12.50–14.00

12.75–14.00

New Zealand’s Production of Butter and Cheese for Export Increases.

The production of butter for export in New Zealand during the nine months ending Apr. 30 amounted to 102,637,920 lbs., compared with 71,412,650 lbs. during the corresponding period ending Apr. 30, 1921. The production of cheese for export during the nine months ending Apr. 30, was 133,579,600 lbs., compared with 118,628,490 lbs. for the same period of 1920–21.

These figures show an increase of 44% in the production of butter and 12.6% in the production of cheese. The above figures relate only to the quantities produced and graded for export and do not include the amounts intended for local consumption.

LIVE STOCK PRICES, TUESDAY, AUGUST 1, 1922.

[Per 100 pounds.]

Chicago.

East St. Louis.

Kansas City.

Omaha.

South St. Joseph.

St. Paul.

CATTLE.

Beef steers:

Medium and heavy (1,101 lbs. up)—

Choice and prime

$10.00–10.75

$10.00–10.50

$9.85–10.50

$10.00–10.50

$9.75–10.35

Good

9.10–10.00

9.25–10.00

8.90– 9.85

9.25–10.00

8.70– 9.75

$8.75– 9.50

Medium

8.15– 9.10

7.50– 9.25

7.60– 8.90

8.00– 9.25

7.00– 8.70

7.50– 8.75

Common

6.65– 8.15

5.50– 7.50

6.40– 7.60

6.00– 8.00

5.50– 7.00

5.75– 7.50

Light weight (1,100 lbs. down)—

Choice and prime

9.85–10.65

9.75–10.50

9.65–10.25

9.75–10.50

9.65–10.25

Good

9.00– 9.85

9.00– 9.75

8.65– 9.65

9.00– 9.75

8.60– 9.65

8.75– 9.50

Medium

8.00– 9.00

7.50– 9.00

7.25– 8.65

7.50– 9.00

6.85– 8.60

7.50– 8.75

Common

6.50– 8.00

4.75– 7.50

5.50– 7.25

5.75– 7.50

5.25– 6.85

5.50– 7.50

Butcher cattle:

Heifers, common-choice

5.15– 9.00

6.00–10.00

4.75– 8.85

5.00– 9.25

5.00– 9.00

4.00– 8.50

Cows, common-choice

4.10– 8.15

4.00– 6.25

3.85– 6.75

4.25– 7.50

3.75– 7.50

3.75– 7.25

Bulls, bologna and beef

4.00– 6.50

3.75– 6.25

3.50– 5.50

3.75– 6.75

3.25– 5.75

3.25– 6.00

Canners and cutters:

Cows and heifers

2.85– 4.10

2.50– 4.00

2.35– 3.85

2.75– 4.25

2.25– 3.75

2.25– 3.75

Canner steers

3.50– 5.25

3.25– 4.00

3.00– 4.25

3.00– 4.25

2.75– 4.00

Veal calves:

Light and med. wt., med.-choice

9.00–10.50

6.50–10.00

6.25– 9.25

7.50– 9.50

6.25– 9.25

4.00– 9.00

Heavy weight, common-choice

4.00– 8.00

3.50– 7.50

4.00– 8.25

5.25– 7.75

5.00– 7.00

3.59– 7.00

Feeder steers:

1,001 lbs. up, common-choice

5.50– 7.65

5.75– 7.50

6.15– 8.40

5.75– 8.25

5.25– 8.00

4.25– 7.25

750–1,000 lbs., common-choice

5.50– 7.65

4.75– 7.50

6.10– 8.35

5.25– 8.00

5.25– 8.00

3.75– 7.25

Stocker cattle:

Steers, common-choice

4.75– 7.65

3.50– 7.50

4.60– 8.10

5.00– 7.75

4.50– 7.50

3.50– 7.00

Cows and heifers, common-choice

3.50– 5.75

3.00– 5.50

3.25– 5.85

3.50– 5.75

3.25– 5.50

2.75– 5.50

Calves—

Good and choice

6.75– 7.75

7.00– 8.00

Common and medium

4.00– 6.50

5.00– 7.00

HOGS.

Top

10.75

10.75

10.20

10.30

10.10

10.25

Bulk of sales

8.10–10.65

10.25–10.65

9.00–10.10

7.75–10.25

9.50–10.10

7.50–10.00

Heavy wt. (251 lbs. up), common-choice

9.80–10.30

9.25–10.25

9.00– 9.75

9.00–10.00

9.00–9.90

8.25–10.00

Med. wt. (201–250 lbs.), common-choice

10.20–10.65

10.15–10.70

9.75–10.05

9.65–10.25

9.85–10.10

8.75–10.00

Light wt. (151–200 lbs.), common-choice

10.50–10.70

10.60–10.75

9.70–10.20

10.00–10.25

9.90–10.10

9.75–10.25

Light lts. (131–150 lbs.), common-choice

10.25–10.65

10.50–10.75

9.60–10.10

Packing sows (250 lbs. up), smooth

8.00– 8.65

7.75– 8.00

7.50– 7.85

7.75– 8.50

7.65– 8.00

7.25– 8.25

Packing sows (200 lbs. up), rough

7.25– 8.00

7.60– 7.75

7.25– 7.50

7.25– 7.75

7.25– 7.60

6.75– 7.25

Pigs (150 lbs. down), common-choice

9.75–10.40

10.00–10.60

Stock pigs (130 lbs. down)

9.75–10.25

9.75–10.50

9.00–10.00

10.00–10.50

SHEEP.

Lambs:

84 lbs. down, medium-choice

11.50–12.75

11.00–12.25

10.25–13.00

11.50–12.25

11.50–13.00

11.00–12.25

Culls and common

7.50–11.25

5.50–11.00

6.00–10.00

7.25–11.50

7.00–11.25

Feeding lambs

11.50–12.50

9.25–12.00

Yearlings, wethers, medium-prime

8.50–11.00

8.00–10.75

7.00–10.50

8.25–10.50

7.50–11.00

6.50–10.50

Wethers, medium-prime

6.00– 8.75

5.50– 8.25

6.25– 8.25

6.25– 8.75

6.00– 8.00

7.50–10.25

Ewes:

Medium, good, and choice

3.25– 7.60

3.00– 6.00

5.00– 7.00

4.00– 7.00

4.00– 7.00

4.00– 8.25

Culls and common

2.00– 3.75

1.50– 3.00

2.00– 5.00

2.00– 4.00

1.50– 4.00

3.00– 6.75

Breeding ewes (full mouths to yearlings)

5.00–11.50

5.50– 8.50

5.75– 9.00

2.00– 3.50

WHOLESALE PRICES OF WESTERN DRESSED MEATS, TUESDAY, AUGUST 1, 1922.

[Per 100 pounds.]

Chicago.

New York.

Aug. 1.

July 25.

July 3.

Aug. 1.

July 25.

July 3.

Fresh beef:

Steers—

Choice

$15.50–16.00

$16.50–17.00

$15.00–16.00

$16.50–17.00

$16.00–17.00

$17.00–17.50

Good

14.50–15.00

15.50–16.00

14.50–15.00

14.00–16.00

15.50–16.00

16.00–17.00

Medium

13.00–14.00

14.00–15.00

13.00–14.00

11.00–13.00

13.00–15.00

15.00–16.00

Common

10.00–12.00

11.00–13.00

12.00–13.00

8.00–10.00

10.00–12.50

12.00–15.00

Cows—

Good

11.50–12.50

12.00–13.00

12.00–12.50

11.00–12.00

13.00

13.00–14.00

Medium

10.50–11.50

11.00–12.00

11.00–11.50

9.00–11.00

11.00–12.50

12.00–13.00

Common

8.50– 9.50

9.00–10.00

9.00–10.00

8.00– 9.00

10.00–11.00

11.00–12.00

Bulls—

Good

10.00

11.00

12.00–12.50

Medium

9.00–10.00

9.00–10.50

10.00–12.00

Common

7.50– 7.75

7.75– 8.25

7.00– 7.25

7.00– 8.00

8.00– 9.00

9.00–10.00

Fresh veal:

Choice

16.00–17.00

16.00–17.00

15.00–17.00

16.00–18.00

17.00–18.00

15.00–16.00

Good

14.00–15.00

15.00–16.00

14.00–15.00

13.00–15.00

15.00–17.00

12.00–14.00

Medium

12.00–13.00

12.00–14.00

13.00–14.00

11.00–12.00

12.00–15.00

10.00–12.00

Common

10.00–11.00

10.00–11.00

8.00–12.00

10.00–11.00

9.00–11.00

8.00–10.00

Fresh pork cuts:

Loins—

8–10 lbs. average

23.00–25.00

23.00–24.00

22.00–23.00

23.00–24.00

23.00–24.00

22.00–23.00

10–12 lbs. average

20.00–22.00

20.00–22.00

21.00–22.00

22.00–23.00

22.00–23.00

21.00–22.00

12–14 lbs. average

17.00–19.00

17.00–19.00

19.00–20.00

21.00–22.00

21.00–22.00

20.00–21.00

14–16 lbs. average

14.00–16.00

15.00–16.00

18.00–19.00

18.00–20.00

20.00–21.00

19.00–20.00

16 lbs. and over

12.00–14.00

13.00–14.00

16.00–18.00

16.00–18.00

18.00–20.00

18.00–19.00

Shoulders—

Skinned

13.50–14.50

13.50–14.50

14.00–15.00

15.00–16.00

15.00–16.00

15.00–16.00

Picnics—

4–6 lbs. average

14.00–15.00

15.00–16.00

15.00–15.50

6–8 lbs. average

13.00–14.00

14.00–15.00

14.50–15.00

15.00–16.00

14.00–16.00

16.00–17.00

Butts—

Boston style

16.00–17.50

16.00–17.50

16.00–17.00

18.00–19.00

16.00–18.00

17.00–19.00

Fresh lamb and mutton:

Lamb—

Choice

26.00–27.00

27.00–28.00

26.00–28.00

25.00–20.00

26.00–21.00

24.00–27.00

Good

24.00–25.00

26.00–27.00

24.00–26.00

22.00–23.00

24.00–25.00

18.00–20.00

Medium

21.00–23.00

23.00–25.00

21.00–23.00

21.00–22.00

22.00–23.00

16.00–18.00

Common

16.00–20.00

16.00–21.00

15.00–20.00

19.00–21.00

16.00–20.00

12.00–14.00

Mutton—

Good

14.00–15.00

14.00–15.00

13.00–14.50

13.00–16.00

15.00–17.00

14.00–16.00

Medium

10.00–12.00

10.00–12.00

10.00–12.00

10.00–12.50

13.00–14.00

10.00–12.00

Common

6.00– 8.00

6.00– 8.00

6.00– 8.00

7.00–10.00

10.00–13.00

8.00–10.00

WEEKLY LIVE STOCK REVIEW.

(Concluded from page 107.)

were considerably heavier. Chicago quality was the best for several weeks, a generous proportion of the supply consisting of good light and medium weight butchers. This, coupled with the narrowest shipping outlet for hogs in weeks, attributed to an extent to unsettled railway labor conditions, was partially responsible for sharp declines, especially on the better grades. Closing prices Were 40¢–55¢ under those of the week previous on bulk of good lights and butchers and 25¢–50¢ lower on mixed and packing grades. A slight reaction was noticed toward the week end, with small advances scored on some of the in-between butchers and better packing grades.

Big packers were bearish and very indifferent buyers, even at the sharp decline, leaving liberal holdovers each day. The week’s top at Chicago was $11, secured on early sessions for good lights and light butchers, but best sold at the close at $10.60, and bulk of good lights and light butchers sold at the week end from $10.30–$10.50. Bulk of good 220 lb.–300 lb. butchers closed at $9.75–$10.25. Such shipping orders as were filled called largely for the better grades of mixed packing, good, smooth, light weight sows and these failed to show the extreme decline apparent on other grades.

GOOD PIGS IN DEMAND.

Demand for good pigs at Chicago was broad and such sold readily all week, with bulk of good 100–130 lb. averages clearing from $9.50–$10.50. Saturday’s closing values on pigs were around 25¢ lower for the week. Stock pig prices, both at St. Paul and Missouri River markets declined 25¢–35¢, best strong weights selling at $10.25–$10.50 at St. Paul and Kansas City, respectively. Several shipments of good quality thin sows went to the country from St. Paul and Chicago for feeding purposes, costing $8–$9. The trade generally displayed considerable anxiety on account of the railway and coal strikes.

Sheep.—An oversupply of sheep at Jersey City at the week’s opening was the chief factor in further declines in prices following the declines late last week at Chicago and other western markets, but with aggregate slaughter falling considerably short of the week previous, the market made good recovery as the week’s trading progressed. Closing Chicago prices, compared with the week previous, were strong to 25¢ higher on fat native lambs, mostly 50¢ higher on cull natives, steady to 15¢ lower on fat western lambs, 35¢–50¢ lower on western feeding lambs, generally steady on light sheep and 25¢–50¢ lower on heavy sheep.

Subsequent to Monday when Jersey City had a full supply, the run of southeastern lambs was light and natives from other sections were in smaller supply than during the preceding week. The market-ward movement of range stock from the Northwest was of fair volume, although hampered to a certain extent by conditions arising from the strike of railway shopmen. Feeder demand was narrow at the week’s opening but declines then enforced attracted buyers subsequently and both fat and feeder lambs closed about 25¢ above the week’s low spot.

At the week end, choice western lambs were safely quotable up to $13 at Chicago, good Oregons, rather lightly sorted, selling up to $12.85, and best natives up to $12.75 straight, with bulk of natives at $12.50$12.60 and native culls mostly at $8–$8.50. Feeder buyers paid up to $12.50 for light and tidy weight Western feeder lambs, but a number of loads of heavy feeders sold during the week at $11.50–$11.75. Fat heavy ewes sold downward to $3, a few below $3.50 at the close, while fat light native and Western ewes reached $7–$7.25. Wethers and yearlings were virtually lacking. There was call for western yearling breeding ewes, with none offered and choice quotable to $11.50. Native yearling ewes were taken on breeder account up to $9.50–$9.75, twos to fours mixed up to $8–$8.75, with heavies and less desirable kinds on down to $6 and below, depending on age, weight, and quality.

Opening, July 31.—Beef steers, yearlings, butcher cows, and heifers at Chicago sold actively at strong to 25¢ higher prices, mostly 10¢–15¢ higher. Eleven loads of matured beef steers averaging 1,283 lbs.–1,694 lbs. topped at $10.60. Best long yearlings brought $10.50, bulk of beef steers $8.50–$10.15. Twelve loads of Canadian steers arrived, five loads going to stocker and feeder dealers at $5.75. Stockers and feeders displayed some strength.

Good butcher weight hogs gained 10¢–15¢ and closed firm at the advance. Top was $10.70 with bulk of desirable butchers at $9.90–$10.60. Activity of shippers, who absorbed around 10,000 head, lent zest and higher prices to the better grades. Mixed and packing grades opened higher, but lacking good competition closed steady to 150 lower, bulk of packing sows turning at $7.75–$8.60.

Fat lambs closed weak to 15¢ lower after a steady to strong start. Natives and westerns topped at $12.75, bulk of the natives bringing $12.25–$12.60 and bulk of the rangers $12.65. Feeding lambs at $12.35 downward were lower. Sheep held firm. Choice handy Montana ewes reached $7.50.

STOCKER AND FEEDER SHIPMENTS.

Week Ending Friday, July 28, 1922.

Cattle and calves.

Hogs.

Sheep.

Market origin:

Chicago

4,077

17,432

Denver

4,368

286

241

East St. Louis

3,317

836

492

Fort Worth

1,406

170

1,369

Indianapolis

908

192

772

Kansas City

18,483

917

1,919

Oklahoma City

2,996

120

Omaha

8,591

75

19,861

St. Joseph

2,098

298

2,798

St. Paul

13,441

1,169

883

Sioux City

5,786

353

333

Wichita

1,512

136

Total

66,983

4,552

46,100

Previous week

47,627

5,140

34,919

Same week last year  [5]

28,747

2,161

41,592

State destination:

California

170

Colorado

1,374

286

Illinois

8,458

826

3,681

Indiana

2,105

192

3,521

Iowa

17,302

1,266

8,695

Kansas

6,716

266

1,380

Kentucky

487

366

1,202

Maryland

101

310

Michigan

308

11,445

Minnesota

1,014

397

513

Missouri

5,654

588

4,159

Montana

493

Nebraska

14,942

75

9,417

New York

48

Ohio

1,009

801

Oklahoma

735

120

Pennsylvania

3,894

South Dakota

837

Tennessee

36

Texas

901

270

Virginia

129

411

West Virginia

59

121

Wisconsin

323

174

Wyoming

58

Total

66,983

4,552

46,100

New Publications Issued.

The following publications were issued by the U. S. Department of Agriculture during the week ending Aug. 1, 1922. A copy of any of them, except those otherwise noted, may be obtained free upon application to the Chief of the Division of Publications, U. S. Department of Agriculture, as long as the department’s supply lasts.

After the department’s supply is exhausted, publications can be purchased from the Superintendent of Documents, Government Printing Office, Washington, D. C. Purchase order and remittance should be addressed to the Superintendent of Documents direct and not to the Department of Agriculture.

Sugar Beet Growing Under Irrigation. By C. O. Townsend, Pathologist in Charge of Sugar-Plant Investigations. Pp. 32, figs. 17. Contribution from the Bureau of Plant Industry. Revised June, 1922. (Farmers’ Bulletin 567.)

The Insulating Value of Commercial Double-Walled Beehives. By E. F. Phillips, Apiculturist in Charge, Bee-Culture Investigations. Pp. 9. Contribution from the Bureau of Entomology. May, 1922. (Department Circular 222.) Price, 5¢.

A Handbook of Dairy Statistics. By T. R. Pirtle, Dairy Division. Pp. 72, fig. 1. Contribution from the Bureau of Animal Industry. June, 1922. (A. I. 37.) Price, 15¢.

Vegetable Growing in Guam. By Glen Briggs, Agronomist and Horticulturist. Pp. 60, pls. 17. June, 1922. (Bulletin 2, Guam Agricultural Experiment Station.)

COLD STORAGE HOLDINGS OF FROZEN AND CURED FISH, JULY 15, 1922.

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

Species.

Total holdings June 15, 1921.

Total holdings July 15, 1921.

Total holdings June 15, 1922.

Frozen since June 15, 1922.

Total holdings July 15, 1922.  [6]

FROZEN FISH.

Bluefish

128

114

65

97

147

Butterfish

153

154

46

83

139

Catfish

[7]

[7]

[7]

33

93

Ciscoes

2,525

2,605

1,080

167

987

Ciscoes (tullibees)

[8]

[8]

1,136

2

1,068

Cod, haddock, hake, pollack

1,955

1,916

391

26

339

Croakers

187

277

24

65

75

Flounders

[7]

[7]

[7]

23

233

Halibut

4,375

6,213

3,878

742

4,380

Herring, sea

2,889

3,775

1,121

127

1,085

Lake trout

944

1,032

498

109

562

Mackerel

1,695

1,670

1,929

624

2,422

Pike perches and pike or pickerel

[7]

[7]

[7]

28

294

Sablefish

270

456

580

56

492

Salmon, silver and fall

658

905

344

346

656

Salmon, steelhead trout

[9]

[9]

118

103

209

Salmon, all other

963

2,182

719

785

1,138

Scup (porgies)

[7]

[7]

[7]

913

1,043

Shad and shad roe

250

324

273

22

299

Shellfish

[7]

[7]

[7]

32

235

Smelts, eulachon, etc.

248

268

351

1

333

Squeteagues, or “seatrout”

263

1,405

283

40

260

Squid

3,026

3,170

1,036

92

1,039

Sturgeon or spoonbill cat

[7]

[7]

[7]

88

257

Suckers

[7]

[7]

[7]

16

Whitefish

985

1,278

1,427

50

1,439

Whiting

2,690

4,499

1,445

1,857

3,048

Miscellaneous

8,107

7,917

4,074

865

3,313

Total

32,311

40,160

20,818

7,376

25,601

CURED FISH.

Herring

9,210

8,389

12,991

13,425

Mild cured salmon

1,672

3,140

2,358

3,849

Dairy and Poultry

BUTTER MARKETS DROP UNDER ACCUMULATIONS OF RECEIPTS

Prices Fluctuate During Week—Large Increase in Consumption Over 1921 So Far This Year.

Increasing accumulations of butter and lack of confidence among members of the trade were the principal factors in bringing about extremely weak conditions and radical declines in all markets during the early part of the week ending July 29. The resulting lower prices attracted a speculative demand which was largely instrumental in causing equally radical advances during the latter part of the week. The prices at the close of the week, however, hovered near the same levels as at the opening, and conditions, although not so extremely weak because of lighter stocks, were equally unsettled.

Since early in July receivers have been burdened with heavy accumulations of receipts because of the curtailed storing demand, and the strength of the market has been maintained by the hope that consuming outlets would become larger, that receipts would decrease more rapidly, or that exporters would take considerable quantities. When there appeared to be no immediate outlet for the accumulating stocks, dealers slashed prices and cleared away a large part of the accumulations.

SPECULATIVE INTEREST DEVELOPS.

The lower prices, however, brought forth a speculative interest which was so keen that prices reacted practically to the level on Monday. But with the higher prices buyers again disappeared, the market became very unsettled, and some price reductions ensued.

The strengthening factors are an excellent consumptive demand, possibilities of export and the improbability of any considerable imports. A shortage in stocks of butter in foreign markets makes it probable that considerable butter will be exported and improbable that the imports will be large. Aside from the possibility of exports and imports, the enormous quantity of butter going into consumption is a major factor in the possible trend of the markets.

Receipts at the four markets since Jan. 1 show a surplus of some 58,000,000 lbs. over the same period a year ago. Of these receipts, nearly 11,000,000 lbs. in excess of last year was stored. Import and export figures for the first six months of the year show an excess of exports over imports of 2,365,000 lbs. During the corresponding period in 1921 there was an excess of imports amounting to 6,139,000 lbs. Deducting the 11,000,000 lbs. which was stored in excess of last year and the decrease of 8,000,000 lbs. due to foreign trade, the apparent increase in consumption since Jan. 1, 1922, amounts to some 39,000,000 lbs.

On the other hand, while larger quantities have gone into consumption there are some operators who are bearish and claim that prices will have to rule higher next winter than last winter in order to allow a fair profit on present storage stocks, and that this condition naturally would reduce consumption. It is claimed also that production may continue comparatively heavy, making large outlets necessary. Some also point out that during our winter months the countries in the Southern Hemisphere have their season of flush production and that imports from those countries are a possibility.

Notwithstanding the fact that the markets at present are weak and unsettled, and receivers generally desire to keep current receipts moving, most of those owning storage butter have confidence in holding it at its present cost.

WHOLESALE PRICES OF BUTTER AND CHEESE, WEEK ENDING JULY 29, 1922.

[Cents per pound.]

CREAMERY BUTTER (92 score).

New York.

Chicago.

Philadelphia.

Boston.

San Francisco.

Monday

35

33

36

36

37¼

Tuesday

34

32½

35

35½

37

Wednesday

34½

32½

35

35½

37

Thursday

35½

34

36

36

37¼

Friday

34½

33½

35½

35½

37

Saturday

34

33½

35½

35½

37

Average for week

34.68

33.17

35.50

35.67

37.08

Previous week

36.08

34.08

36.67

36.67

39.37

Corresponding week last year

42.67

41.42

43.08

43.50

39.62

AMERICAN CHEESE (No. 1 fresh twins)

New York.

Chicago.

Boston.

San Francisco.  [10]

Wisconsin.

Monday

20½–21¼

18½–19

21½–22½

19¼

18¼

Tuesday

20¼–21

18½–19

21½–22¼

19¼

18½

Wednesday

20¼–21

18½–19

21½–22¼

20

18½

Thursday

20¼–21

18½–19

21½–22

19¾

18¼

Friday

20¼–21

18½–19

21½–22

19¾

18

Saturday

20¼–21

18½–19

21 –21½

19¾

18

Average for week

20.67

18.75

21.68

19.62

18.26

Previous week

21.13

18.83

22.00

19.21

18.71

Corresponding week last year

21.00

20.44

21.42

22.08

21.04

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

[Cents per pound.]

Monday

32¼

Tuesday

31¾

Wednesday

32¼

Thursday

33

Friday

32¾

Saturday

32¾

Average

32.46

MOVEMENT AT FIVE MARKETS.

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

Week ending July 29.

Previous week.

Last year.

BUTTER.

Pounds.

Pounds.

Pounds.

Receipts for week

16,406,388

17,848,858

13,737,695

Receipts since Jan. 1

406,421,998

390,015,610

333,511,550

Put into cold storage

5,763,120

6,227,574

4,363,777

Withdrawn from cold storage

1,196,527

1,090,911

2,391,506

Change during week

+4,566,593

+5,136,663

+1,972,271

Total holdings

58,529,169

53,962,576

49,378,903

CHEESE.

Receipts for week

4,760,350

4,368,795

4,034,423

Receipts since Jan. 1

113,423,195

108,662,845

109,844,370

Put into cold storage

2,212,808

2,824,638

2,780,994

Withdrawn from cold storage

1,297,907

1,185,107

1,753,219

Change during week

+914,901

+1,639,531

+1,027,775

Total holdings

17,542,277

16,627,376

15,250,616

DRESSED POULTRY.

Receipts for week

3,039,791

3,237,754

2,455,183

Receipts since Jan. 1

107,262,094

104,222,303

91,359,363

Put into cold storage

1,039,930

1,211,646

745,099

Withdrawn from cold storage

2,114,313

2,144,566

1,518,844

Change during week

–1,074,383

–932,920

–773,745

Total holdings

23,316,211

24,390,594

15,513,172

EGGS.

Cases.

Cases.

Cases.

Receipts for week

273,535

293,498

236,614

Receipts since Jan. 1

12,471,456

12,197,921

11,265,592

Put into cold storage

76,188

74,222

45,631

Withdrawn from cold storage

34,863

29,352

70,151

Change during week

+41,325

+44,870

–24,520

Total holdings

4,995,153

4,953,828

3,645,439

CHEESE PRICES LOWER UNDER LIGHT CONSUMPTIVE DEMAND

Speculative Demand Also Lacking—Prices Down a Full Cent at Wisconsin Primary Markets.

The light summer consumptive demand without the support of speculative storage activity has been insufficient to clear the current make of cheese during the past few weeks, and as a consequence a weaker feeling developed. During the week ending July 29 this weakness became more pronounced, and prices at the Wisconsin primary markets were lowered as much as a full cent in an effort to stimulate trading.

Buyers, however, were not eager to take on any more goods than could be readily used to meet daily requirements. Although a few cars of fine cheese were purchased early in the week for storage, the majority of buyers felt that the market was on too high a plane for speculation.

SPECULATIVE DEMAND ABSENT.

The absence of speculative support has probably been the largest factor in the weaker country markets, and the reflection of this weakness in the distributing markets. Moreover, movement into consumptive channels has not been active for some time. As storage demand has been lacking and the primary markets have been showing signs of weakening, most buyers at distributing points adopted the policy of hand-to-mouth buying in anticipation of lower prices. Advices at the end of the week indicated that some dealers do not look for a revival of trade until prices at country points reach 16¢, about 2¢ below present prices. However, this sentiment is not universal, and many dealers think that present prices may not be far from bottom.

Embargoes on railroad shipments of perishable foodstuffs in the southern and southwestern sections of the country have reduced shipments below normal requirements, and until the rail strike is ended but little support is expected from those sections. In fact, many in the trade believe that while the strike may cause higher prices in certain consuming centers where supplies are exhausted, embargoes on shipments will tend to weaken the primary markets because of curtailed outlets.

At the close of the week the tone of the market was barely steady. Holders were free sellers, and in many instances were inclined to make concessions in order to keep stocks as low as possible. Little export or import business was reported, although small shipments of Split Twins were imported from Canada. However, both the export and import business was of small consequence and did not affect the market. With production in excess of consumption and speculators off the market, many in the trade expect an unsettled market accompanied by lower prices.

IMPORTS OF EGGS DURING JUNE, 1922.

[Data from the Department of Commerce.]

Imported from—

Eggs in the shell

Dried and frozen eggs.

Egg albumen.

Dozen.

Pounds.

Pounds.

Denmark

2,100

Canada

16,957

12,800

China

72

865,000

374,140

Hongkong

24,319

7,636

300

Other countries

6

Total:

June, 1922

43,454

885,436

374,440

June, 1921

44,941

726,596

293,948

Jan. to June, 1922

632,189

4,840,377

4,072,171

Jan. to June, 1921

2,471,167

6,198,562

1,322,519

CONDENSED AND EVAPORATED MILK MARKETS STILL SLOW

Domestic Products Meeting With More Competition From European Goods—Exports Decrease.

The same relative inactivity which has featured condensed and evaporated milk markets for several months continued during July, and prospects for any materially improved demand are so slight that many of the trade who have held a more or less confident attitude are beginning to lose some of their optimism.

Export demand, upon which canned milk manufacturers have come to depend to a large extent as an outlet for surplus domestic production, has become less of a factor each month. Buying for relief purposes, which constituted such a support to the evaporated milk market especially, has practically ceased, and no additional orders seem to be in sight.

LITTLE FOREIGN DEMAND EXPECTED.

Domestic demand in England is reported as somewhat heavier, but American manufacturers have as competitors an increasing number of European factories which are able to lay down the goods at a lower cost. In fact, foreign demand is not expected to absorb very large quantities of American-made goods in the very near future. Latest export figures are for the month of June and indicate a slight decrease under May and a very large decrease under June, 1921.

Condenseries, however, have had at least one favorable condition during the past few months which has helped considerably to offset the dull demand for canned milk. Prices of both butter and cheese have been at levels that made it possible to divert surplus milk into one or the other of these products, and as a result the production of condensed and evaporated goods has been held as low as was consistent with good business practice. These outlets have been fortunate not only because of the lighter demand which has featured both condensed and evaporated milk markets, but because of the upward tendency of costs of manufacturing as well. Seasonal advances in prices of raw milk are almost at hand, and in the case of condensed milk, sugar is over one-third higher in cost than it was in the spring. The latter has been of considerable influence in diverting trade demand to evaporated milk on account of the lower prices at which this class of goods could be sold.

The summer demand from the domestic trade for condensed and evaporated milk has not been up to expectations. The icecream trade especially has taken much smaller quantities of goods than condensing firms had anticipated. This is explained partly by the fact that powdered milk is being more widely used in the manufacture of ice cream, and partly by the relatively cool weather in various consuming sections of the country.

Summarized figures from manufacturers indicate that condensing operations have been carried on conservatively and that due consideration has been given to the anticipated and actual dull summer demand from all classes of trade. Although total stocks on July 1, as indicated in the accompanying tables, reveal a moderately heavy increase over June 1, it must be borne in mind that the heavy producing season has just passed. It is to be noted also that while total stocks on July 1 were heavier than on the first of the previous month unsold stocks were lighter. Furthermore, a comparison of total stocks on July 1 this year and last shows a decrease of approximately 26%. Therefore, from the statistical standpoint, markets were, perhaps, in better shape on July 1 than they were June 1.

Stocks and Exports of Condensed and Evaporated Milk.

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

Stocks.

July 1, 1922.

June 1, 1922.  [11]

July 1, 1921.

Case goods.

Bulk goods.

Case goods.

Bulk goods.

Case goods.

Bulk goods.

CONDENSED.

Total stocks

21,706

22,078

25,032

12,520

33,670

27,981

Total unsold stocks

16,325

16,215

21,775

9,360

28,577

21,567

Total unfilled orders

183

229

422

460

EVAPORATED.

Total stocks

141,380

499

135,895

370

169,576

1,331

Total unsold stocks

84,234

351

109,238

362

142,215

1,318

Total unfilled orders

1,196

1,315

2,342

Exports.

June, 1922.

May, 1922.

June, 1921.

Condensed milk

4,817

6,678

8,060

Evaporated milk

10,890

9,032

13,640

Total

15,707

15,710

21,700

Prices to Producers at Condenseries for 3.5% Milk.

[Per 100 pounds.]

Geographic section.

By manufacturers of case and bulk goods.

By manufacturers of bulk goods only.

July.

June.

July.

June.

New England

$1.73

$1.53

Middle Atlantic

1.83

1.85

$1.76

$1.62

South Atlantic

1.69

1.64

1.45

1.45

East North Central

1.58

1.42

1.71

1.62

West North Central

1.59

1.53

1.56

1.56

Western (North)

1.65

1.56

1.71

1.54

Western (South)

4.61

1.42

United States

1.60

1.45

1.72

1.61

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.

June.

May.

June.

May.

New England

$5.12

$5.10

$3.91

$3.89

Middle Atlantic

5.18

5.03

3.87

3.87

South Atlantic

5.27

5.25

3.91

3.95

East North Central

5.34

5.26

3.75

3.73

West North Central

5.20

5.13

3.79

3.76

South Central

5.45

5.41

3.95

3.95

Western (North

4.70

4.03

3.89

Western (South

4.06

4.00

United States

5.24

5.17

3.89

3.86

GREAT BRITAIN’S BUTTER IMPORTS.

(Concluded from front page.)

the shifted seasonal trend of England’s butter imports, for if the imports follow the same seasonal trend in 1922 as during the period from 1917 to 1921 England had already received at the end of June two-thirds of that country’s foreign supply for the present year.

During the first fire months of 1922 England received 60,000,000 lbs. from Denmark, compared with 48,000,000 lbs. during the corresponding period of 1921. Danish exporters in recent years have scattered their exports to various other countries, and while not so dependent upon England for a market as previously, could at any time take advantage of any favorable offer from their long-established British trade. The flush of the butter production in Denmark was reached this year by June 1 and the competition met in the English market is now not so largely European as formerly, which doubtless leaves Denmark with some seasonal advantage.

The prospective demand for butter in England during the rest of this year depends largely, of course, upon the consumer’s purchasing power.

MILK POWDER REPORT FOR JULY.

Manufacturers’ Stocks of Powdered Milk.

Whole milk powder.

Skimmed milk powder.

Case goods.

Bulk goods.

Case goods.

Bulk goods.

Total stocks,  [12] July 1:

Pounds.

Pounds.

Pounds.

Pounds.

1921

393,090

854,980

245,481

11,039,889

1922

110,434

1,269,262

194,479

7,484,849

Unsold stocks,  [13] July 1:

1921

393,090

128,980

245,481

8,016,419

1922

110,434

538,588

133,101

3,341,739

Wholesale Prices of Skimmed Milk Powder During June, 1922.

[Cents per pound.]

Case goods.  [14]

Barreled goods.

Geographic section.

Range.  [15]

Bulk of sales, fresh goods.  [16]

Range.  [15]

Bulk of sales, fresh goods.  [16]

New England

33

33

7½–11

8 –11

Middle Atlantic

15–33

15–33

7 –11

7 –11

South Atlantic

33

33

7¾–11

8½–11

East North Central

33

33

6¾–11

7½–11

West North Central

33

33

6 –11

8 –11

South Central

33

33

7¾–11

9 –11

Northwestern

36

36

5 –12

5 –12

Southwestern

20–36

20–36

6½–12

6½–12

Prices of other powdered milk products ranged as follows: Whole milk powder, 30¢–58¢ per 1–lb. can for case goods, and 22¢–28¢ for goods packed in barrels; dried buttermilk 10½¢–12¢ for case goods, and 3½¢–11¼¢ for goods packed in barrels.

Skimmed milk powder for export trade was reported sold at 10¢–11¼¢ per lb. f. a. s. Atlantic seaboard, and 7½¢ per lb. f. a. s. Pacific seaboard.

Exports of Powdered Milk During June, 1922.

Destination.

Pounds.

France

23,023

Germany

361,110

Norway

1,500

Netherlands

227,400

United Kingdom

86,200

Canada

2,898

Newfoundland and Labrador

1,974

Panama

3,009

Mexico

26,469

Cuba

1,670

Peru

4,442

Venezuela

4,010

China

46,265

Hongkong

5,000

Japan

21,090

Philippine Islands

695

Other countries

5,870

Total:

June, 1922

822,625

June, 1921

733,577

Jan.-June, 1922

4,610,082

Jan.-June, 1921

2,735,869

Canada’s Storage Stocks of Butter on July 1 Below last Year.

The quantity of creamery butter in storage throughout Canada on July 1 was 10,178,891 lbs., while that of dairy butter was only 426,671 lbs. Comparative figures show this to be a decrease of 34% in the case of creamery butter and 18.83% in the case of dairy butter from the amounts held in storage on the corresponding date last year.

The average quantity of peanuts exported per annum from Senegal during the five years 1916–1920 was 190,512 metric tons, according to the American Consul at Dakar, Senegal. Peanuts constitute the most important export crop of Senegal, most of the exportable surplus going to England and France.

Fruits and Vegetables

SHIPMENTS CONTINUE HEAVY; WHITE POTATO PRICES SLUMP

Car-lot Movement So Far This Season about 28,000 Cars Larger than to Same Time in 1921.

Shipments of 14 lines of fruits and vegetables during the week ending July 29 increased nearly 300 cars over the previous week, having filled 14,531 cars. This is about 930 cars less than during the corresponding period last year, but the total movement of these 14 products this season to July 29 is 28,000 cars ahead of last season to the same date.

With accumulated supplies in many cities, white potato markets were slow and weak. A further decrease of 275 cars in last week’s shipments, however, may tend to strengthen this line. Peaches also showed declines of 50¢-$1 under a peak movement of 2,100 cars. Cantaloupe markets tended to advance and watermelons were nearly steady, even though shipments of the latter crop jumped nearly 500 cars over the preceding week. Movement of grapes and pears continued to gain, especially from California. The grape season is later than usual in central California, but probably 20,000 cars of grapes will come from that territory this year.

APPLE SHIPMENTS DECREASE.

With the cleaning up of early summer apples, there was a decrease of nearly 120 cars in the shipments of that commodity. Further losses occurred in the movement of lettuce and tomatoes; in fact, only 230 cars of tomatoes were shipped from producing sections compared with 500 cars the week before. The only marked increase in lettuce movement was from Colorado. Onion shipments showed a reaction from the previous week and decreased to about 300 cars. Movement of sweet potatoes is becoming more active as the season advances, and jobbing sales of Alabama stock in bushel hampers declined 25¢ in Chicago and Cincinnati, closing at $1–$1.25.

Apples.—California apples are becoming a prominent feature of the market, shipments from that State having been six times greater than the week before. Northwestern stock is moving in a small way, Washington growers having forwarded 14 cars and Oregon growers one car last week. New York early varieties also started to roll to consuming centers, but the season is somewhat later in that section than it was last year. Michigan shipped more apples than any other State during the week. Various varieties from producing districts near Chicago jobbed in that market at 50¢-$l per bu., a decline of nearly $1 a basket. Eastern red apples brought $1–$1.25 in New York City.

Peaches.—Most markets reported heavy arrivals of peaches. St. Louis received 294 cars, Chicago 267 cars, New York 281 cars, and other large eastern cities about 150 cars each. Liberal supplies, combined with much stock in poor condition, caused the wholesale market for Georgia Elbertas to fall to a level of $2–$2.75 per crate or bushel basket. Best Elbertas from North Carolina closed at $2.25–$2.50. Arkansas stock held firm in St. Louis at $2–$2.25 but was weak in Chicago. Shipments from North Carolina were twice as heavy as during the preceding week, totaling more than 700 cars. Nearly 1,300 cars have already come from that State this season. Arkansas sent almost 600 cars to market during the week. Movement from Georgia decreased about 70%, but the season is becoming very active in Illinois, Tennessee, and Oklahoma, as well as in the Middle Atlantic sections. Early varieties from eastern States sold in leading wholesale markets at $1.50–$2 per bu. Tennessee Elbertas ranged as high as $3–$3.25 in Cincinnati and Cleveland, but were $1 lower in Chicago because of the oversupplied market.

PRICES OF FRUITS AND VEGETABLES.

Jobbing Range.

POTATOES, Virginia Eastern Shore Irish Cobblers, No. 1—Barrels.

Market.

Week’s carlot arrivals.

This season.

One year ago.

July 31.

July 24.

New York

447

$1.50–1.75

$2.75–3.00

$4.25–4.50

Boston

168

2.75–3.00

3.75–4.00

5.25–5.50

Philadelphia

160

1.50–1.75

2.50–2.65

4.00–4.50

Baltimore

41

1.75–2.00

2.75–3.25

4.50

Pittsburgh

210

2.65

3.40–3.50

5.10–5.25

Cincinnati

40

3.00–3.25

4.00

[17]3.00–3.15

Chicago

378

[18]2.75–3.00

[18]3.75–3.80

[18]5.50

St. Louis

72

3.50

4.00

Kansas City

93

[19].75–1.00

[19]1.25–1.50

[19]1.00–1.25

WATERMELONS, Georgia and Carolina Tom Watsons, medium sizes—Bulk per car.

New York

169

$200–350

$200–350

$200–250

Boston

45

[20].35–.45

[20].20–.40

[20].30–.50

Philadelphia

142

175–375

150–275

200–300

Baltimore

204

250–350

275–425

Pittsburgh

82

200–350

500

225–350

Cincinnati

65

[21]15–40

[21]20–45

[21]20–25

Chicago

170

240–425

215–450

[22]325–375

St. Louis

122

[22]220

140–175

250–300

Kansas City

102

[23]1.50–2.00

[23]2.00–2.50

CANTALOUPES, California and Arizona Salmon Tints—Standards 45’s.

New York

420

$2.75–3.00

$2.50–2.75

$3.50–3.75

Boston

99

2.75–3.00

2.75–3.00

4.00–4.25

Philadelphia

88

2.75–3.00

1.7.5–2.25

3.00

Baltimore

8

1.75–2.00

2.50

Pittsburgh

108

2.75–3.00

2.00–2.25

3.50–4.00

Cincinnati

41

2.00–2.25

2.25–2.50

3.00

Chicago

267

2.50–2.75

2.00–2.25

2.75–3.00

St. Louis

65

[24]1.00–1.50

2.25–2.50

[24]2.00

Kansas City

82

[24]2.00

1.50–1.75

[24]3.00

PEACHES, Georgia Elbertas—Sixes and bushel baskets.

New York

281

$2.50–2.75

$2.75–3.00

$4.00–4.25

Boston

159

2.00–2.50

3.25–4.50

5.00–5.25

Philadelphia

125

2.00–2.25

2.75–3.25

3.75–4.25

Baltimore

65

2.50

2.75–3.25

4.00–4.25

Pittsburgh

127

2.25–2.50

2.75–3.25

3.50–4.00

Cincinnati

43

2.50–2.75

3.00

4.00

Chicago

267

2.00–2.25

3.00–3.50

3.75–4.00

St. Louis

294

[25]2.00–2.25

2.00–2.25

4.50–5.00

Kansas City

110

[26]1.50–1.75

2.75–3.00

[25]4.50

APPLES, various Early Red varieties—Bushel baskets.

New York

88

$1.00–1.25

$1.25–1.50

Boston

22

1.50–1.75

1.50–1.75

$3.50–4.00

Baltimore

3

1.25–1.50

1.25–1.50

Pittsburgh

67

1.25–1.35

1.50

Chicago

107

[26].50–1.00

[26]1.50–1.75

2.00–3.00

Prices f. o. b. Shipping Points.

POTATOES (100 lbs.)

Minneapolis, Minn.

$0.85–0.95

$1.00–1.10

$1.10–1.25

Kaw Valley, Kans.

.85

.65–.85

South Jersey Points

1.00–1.05

1.50

2.60

North Jersey Points

.95–1.00

1.35

2.50–2.60

Kearney, Nebr.

1.55

1.95

Onley, Va.

1.75–1.90

2.25–2.50

4.40–4.50

WATERMELONS (cars).

Macon, Ga.

100–200

75–175

40–100

Sulphur Springs, Tex.

[11].40–.60

[27].45–.85

Kennett, Mo.

100–160

200–390

Cantaloupes.—Sales of cantaloupes were made at advances over the previous week in most consuming centers, far western Salmon Tints ranging $2.50–$3 per standard crate except in Cincinnati, where low mark of $2 was reached. Arizona shipped only 60 cars and Imperial Valley 25, compared with their combined total of 300 cars the week before. The Turlock section, however, showed an increase of 100% in movement, supplying more cantaloupes than any other producing district. Cantaloupes moved more freely from Indiana, Illinois, and Missouri. Arkansas shipments fell below 100 cars and supplies from the Carolinas are about cleaned up. In the West, the Las Cruces section of New Mexico has become active. Pink Meats from that territory, flats 12’s and 15’s, brought $1.15 in Chicago. On the Atlantic coast, Delaware started with a weekly movement of 60 cars. Maryland furnished almost 400 cars of cantaloupes, and standard crates of Green Meats from that State jobbed in Baltimore at $1.25–$1.50. New York reported sales at a like figure. Indiana Salmon Tints closed at $1.50–$2 in Middle Western cities.

POTATO SHIPMENTS HEAVY.

White Potatoes.—Wholesale prices of potatoes slumped considerably during the week, probably as a result of liberal supplies. Although the week’s shipments showed a decrease, arrivals on the New York market were nearly 550 cars. Chicago received about 400 cars. No. 1 Irish Cobblers from the Eastern Shore of Virginia reached a low point of $1.50 per bbl. in nearby cities, a loss of $1 or more. At the same time last year the jobbing price was $4–$4.50. Car-lot sales in Chicago averaged about $3 last week. Kansas sacked Cobblers, many dirty, closed at $1.15–$1.25 per 100 lbs. The Chicago range on partly graded Early Ohios was 85¢ for Kaw Valley stock, $1–$1.15 for Minnesota stock, and $1.25 for Nebraska stock. New Jersey Cobblers, in 150–lb. sacks, jobbed at $1.25–$2 per sack in important eastern markets.

Jersey shipping points were reported dull and slow at the close of the week, although shipments from that section exceeded those from any other State, having amounted to almost 1,400 cars, compared with 530 the previous week. Eastern Shore of Virginia shipments filled only 1,100 cars, a decline of 400, and the Eastern Shore of Maryland marketed less than 500 cars of potatoes last week. Movement from Kaw Valley declined sharply. The season in the Kearney district of Nebraska was not yet in full swing.

Watermelons.—There was little change in the jobbing price of watermelons. Georgia shippers handled 50% more business than during the week ending July 22, but the season in that section will not last long. As the movement waned in South Carolina it became more active in North Carolina, about 275 cars having come from the latter State. Southeast Missouri is coming along fast. From the Sulphur-Springs-Omaha district of Texas about 1,000 cars of watermelons are expected, and the Weatherford district may ship 600 cars. Texas melons will be most abundant the first week of August, rainy weather having delayed the season in north Texas.

Cabbage.—New York shipped its first car of cabbage last week, as did Michigan, also. About 80% of the week’s supply, however, came from Iowa and the Roanoke section of Virginia, each of those sections having furnished about 60 cars. Colorado cabbage also is becoming plentiful. In five counties of southern Michigan the cabbage acreage is estimated at 1,285 acres, compared with 590 acres in 1921. About 1,400 acres are reported from Saginaw County in northern Michigan.

Special Fruit Trains Bring Berries from Northwest.

Berries grown in the Puget Sound region of the Northwest are served on breakfast tables in Chicago 80 hours after being picked as a result of the establishment of a special express refrigerator train service operating on passenger schedule between the Pacific Northwest and Chicago.

Previously these fresh fruits were marketed in the locality in which they were grown or they were shipped in single cars by express to eastern markets; but in the last few years the development of the berry industry has been so rapid in the Northwest that additional outlets had to be found. The special train service which has been inaugurated is meeting this situation very successfully. Berries of various kinds are arriving daily in Chicago from the White Salmon, Yakima, Puyallup, and Walla Walla valleys, from Vashon Island, Puget Sound, and from Lewiston, Idaho.

In the production centers the berries are rushed by motor truck and interurban car to the refrigerator cars on the railroad sidings every afternoon. The cars are loaded, iced, and hurried on passenger schedule to Spokane where they are united into a special fruit train. Early in the morning the train pulls out from Spokane for the East. These trains are iced five times between the Pacific coast and Chicago and make no other stops. Recently train loads of red raspberries have been arriving in Chicago every day. Loganberries also have been abundant, but the larger part of the supply has been raspberries. Arrivals were at the rate of two cars per day during the latter part of July.

Most shipments have carried through in fine condition, with only a few packages showing decay or mold. The berries are all packed in 24–pt. crates which are only a single layer deep, instead of three layers deep as are the Michigan red raspberries. The quality of the raspberries has been fine, the berries being large and of a desirable red color. A few black raspberries, blackberries, and red currants have also come from the Northwest, but only as parts of cars. These have likewise been attractively packed and were of good quality, having shown but little decay.

CARLOAD SHIPMENTS OF FRUITS AND VEGETABLES.

Commodity.

Week ending July 29.

Same week last season.

Previous week this season.

This season to July 29.

Last season to July 29.

Total last season.

Apples

521

542

639

3,091

1,176

88,544

Cabbage

151

161

126

17,208

12,843

31,222

Cantaloupes

1,801

1,704

1,830

19,268

16,868

25,572

Celery

55

35

65

5,030

4,344

11,642

Grapes

108

167

62

207

337

37,203

Lettuce

302

334

329

16,926

14,385

18,300

Onion

323

423

388

7,597

6,669

20,784

Peaches

2,101

1,600

1,771

10,813

14,353

27,222

Pears

648

612

455

1,216

1,367

12,823

Potatoes:

Sweet

139

135

84

347

165

19,266

White

3,873

3,604

4,147

46,672

39,081

238,138

Tomatoes

230

339

498

17,846

11,883

17,204

Vegetables, mixed

626

427

663

11,013

9,346

15,566

Watermelons

3,653

5,377

3,184

34,596

31,106

46,463

Total

14,531

15,460

14,241

191,830

163,923

609,949

Chicago an Important Market for Raspberries and Small Fruits.

Large supplies of raspberries and loganberries have recently been arriving on the Chicago market from the Pacific Northwest. Special train service has been provided by one of the leading railroads, so that these highly perishable fruits come through in record time and in good condition.

According to reports of a Chicago representative of the U. S. Department of Agriculture, prices of Northwestern red raspberries have ranged from $3 per 24–pt. crate to as high as $4.50 per crate for the best stock at the beginning of the season. The average price has been around $3.50–$4 for good stock, with a fairly steady market.

At this season of the year in Chicago most of the small fruit competition is from Michigan. Heavy supplies of Michigan blackberries, red raspberries, black raspberries, and blueberries have been coming in during July. There has also been a liberal supply of red currants and gooseberries. The following table shows the jobbing prices of these fruits in comparison with berries from the Northwest and from New York:

Source and kind of fruit.

Size of crate.

Price.

Northwest red raspberries

24–pint

$3.50–4.00

S. Michigan red raspberries

24–pint

2.50–3.50

N. Michigan red raspberries

24–pint

3.00–3.75

Michigan black raspberries

24–pint

1.50–2.25

Michigan black raspberries

16–quart

2.00–2.50

Michigan blackberries

16–quart

1.75–2.50

Michigan gooseberries

16–quart

2.00–2.50

Michigan currants (large)

16–quart

2.75–3.25

Michigan currants (small)

16–quart

2.00–2.50

Michigan blueberries

16–quart

3.00–4.50

New York currants (red)

32–quart

4.00–6.00

New York red raspberries

48–pint

3.25

Michigan sweet cherries

16–quart

1.00–3.50

Black raspberries from Michigan have not sold as high as reds this season, although in many seasons they sell at the same levels. Currants and gooseberries have varied widely in price. Blueberries have been in good demand.

New York has shipped a large volume of red currants to Chicago in 32–qt. crates and these have ranged $4–$6, depending on the quality, condition, and the market. One car of New York State Columbia red raspberries, shipped from Clyde, Wayne County, has arrived to date and sold at $3.25 per 48–pt. crate. This stock was of fine quality but in rather poor condition.

Practically all of the sour cherry supply comes from Michigan, packed in 16–qt. crates and, after the first few Early Richmonds, consists principally of Montmorency and a few English Morello. Wisconsin also ships a few cars of Montmorency in the same package. Odd lots of sweet cherries in 16–qt. boxes come from Michigan. These for the most part vary widely in quality and condition and are not graded well enough or handled carefully enough to compete with the well-packed sweet cherries, principally Royal Annes and Bings, from Washington, Oregon, Idaho, and Utah. Most of them are Black Tartarians, Windsors, Bings, and Napoleons (same cherry as the western Royal Anne). The price has had the exceedingly wide range of $1–$3.50 per 16–qt. crate.

Report on Cabbage and Onions in New York.

Reports from the field service of the U. S. Department of Agriculture for the date of July 25 contain the following information concerning commercial cabbage and onions in New York:

Cabbage.—The acreage planted to cabbage in the eastern portion of the cabbage belt in Cortland, Chenango, Madison, and eastern Onondaga Counties and in some sections of the western counties has increased greatly over 1921, but for the State as a whole the acreage is probably not far from average. The percentage of the acreage in late cabbage is larger than usual. Rain has delayed planting and damaged cabbage on low ground but has prevented aphis damage, so that the average condition of the crop is good throughout the State.

New York ranks first among the States in production of commercial cabbage and Ontario County first among the counties of the State. This county will begin to ship cabbage by Aug. 15, but most of the crop is late.

Onions.—Harvesting of early onions in Orange County began July 15, but the main crop will move between Aug. 10 and Sept. 1. Best yields may reach 400 to 500 bus. per acre but rains have reduced the probable average for the county to 275 bus. and perhaps to 250 bus.

Growers and Dealers Expect Good Potato Crop in New Jersey.

Growers and dealers in the northern and southern potato sections of New Jersey are optimistic over the prospects of this season’s potato crop, according to a report from the Philadelphia representative of the market news service conducted by the U. S. Department of Agriculture.

The weather has been almost ideal from the growing standpoint and prospects are for the best crop in respect to both quality and quantity that New Jersey has had in several years. This is true of all varieties, but especially of the Irish Cobblers and the Giants. Thus far the crop has been yielding 60–80 bbls. per acre, mostly around 70 bbls., which is a good yield for so early in the season.

Although some fields, especially in north Jersey (Burlington, Mercer, and Monmouth Counties), show signs of late blight, this disease does not appear nearly so prevalent as during the past few years. In south Jersey (Salem and Cumberland Counties) very little of this disease has appeared.

The potato deal in all sections of the State opened generally about July 17. Contrary to custom, it looked as if the northern district would ship early potatoes more freely than the southern section. Very little of the stock seems to have been contracted.

There probably will be keen competition this season, especially in north Jersey, because three or four growers’ exchanges besides several large individual dealers are interested in the deal. In the southern district there is only the one exchange, but there are several large shippers.

Increasing quantities of potatoes are moving by truck from producing sections to New York City, Jersey City, Newark, and especially to the seashore cities. Many trucks are also being used for shipping to Pennsylvania cities, and the total truck movement probably will affect the season’s carlot shipments by several hundred cars. To July 29 about 2,060 cars of potatoes had been reported shipped from New Jersey, compared with 1,850 cars to the same date last year. Total shipments last season were almost 10,500 cars.

The close-of-the-season movement of Maine potatoes was twice as heavy as in June, 1921. Total shipments from that State have broken all records, amounting to approximately 40,000 carloads, or one-fifth of the entire late potato shipments of the United States.

Grain

WHEAT CONTINUED DOWNWARD

TREND; CORN FAIRLY STEADY Receipts of Wheat Increased—Heavy Export Sales Continued—Oats Prices Dropped Off.

The steady decline which has prevailed in the wheat market for some time continued during the week ending July 29 when September wheat at Chicago closed at $1.08, 1⅜¢ lower than at the close of the previous week. The heaviest decline occurred on Monday, when September wheat closed at $1.07⅜. The market rallied somewhat toward the close of the week but did not regain the loss sustained during the early part of the week.

The principal bearish factors were the heavy primary receipts, estimated at 15,902,000 bus., which caused large hedging sales; lower foreign markets; and the weakness in foreign exchange. Opposed to these influences were the bullish reports of heavy export sales and the reports that more wheat would be needed by foreign buyers than had been generally anticipated.

STRIKE SETTLEMENT A FACTOR.

The possibility of an early settlement of the railroad and coal strikes and a freer movement of grain were also considered by the trade as factors that would tend to lower wheat prices.

Although corn and oats prices held fairly firm, the tone of the market for these two grains appeared weaker as favorable weather improved the crop prospects. The September corn future at Chicago closed at 62½¢ on July 29, compared with 63¼¢ on July 22.

Receipts of wheat at Chicago were more than 1,000 cars larger than the previous week, totaling 3,177 cars, of which 2,583 were winter wheat. The movement appears to be about normal, however, as 3,973 cars were received during the corresponding week last year. The quality of the wheat received was good, about 71% grading Nos. 1 and 2, and 21% grading No. 3, leaving only about 8% grading below No. 3.

Milling demand was slow during the first part of the week but improved later. Export demand was active and sales totaling 2,600,000 bus. were reported made from Chicago to exporters during the week. Premiums of from 24¢ to 47¢ over the September future prices were still being paid for cash wheat at Minneapolis. This is a reduction, however, of 1¢ from the top and 3¢ from the bottom of the range quoted at the close of the previous week. Receipts, especially of good quality, continued light.

The danger of rust damage had about passed in the spring wheat territory as harvesting was well under way. The first car of new spring wheat arrived during the week. Local mills and buyers were not inclined to put out bids for wheat to arrive. Straight-to-arrive bids for 20–day delivery were being made at the close of the week at 15¢ over the September price, and for 10–day delivery at 25¢ over the September. Northwestern mills are reported to be operating at about 60% of their capacity.

In the Soft Winter wheat section the embargoes placed by the railroads against shipments to the South and Southeast restricted shipments to mills in that territory. This caused a lighter milling demand at St. Louis and Cincinnati. At the former market, however, good buying by elevator interests to cover sales for July and August shipments, and by exporters for direct shipment to the Gulf, kept the market firm. Receipts were 1,161 cars, most of which were Soft Winter.

About 82% of the 177 cars of Soft Winter wheat received at Cincinnati graded No. 3 or better, principally because of test weight, and was of good milling quality. Prices were firm notwithstanding the curtailment of outbound shipments.

EXPORTERS ACTIVE AT KANSAS CITY.

Receipts at Kansas City totaled 3,443 cars. The movement from the country was large and is expected to continue in good volume for some time. Milling demand was only fair. Eastern mills took only small lots and Northwestern mills also bought on a small scale because of the promising outlook for Spring wheat. There was an excellent export demand, however, and very active bidding was indulged in by exporters to the Gulf who were eager to obtain wheat to fill sales for shipment. Bids for wheat for August delivery were made as high as 17¢ per bu. over the Chicago September future price but later were reduced to 15¢ premium. Bids for September loading at the Gulf were made at 13¢ over the Chicago September price.

The activity in the export market was especially noticeable at the Atlantic seaboard markets, as the failure of shippers to make delivery on July contracts compelled many exporters to buy in the open market to fill the ocean tonnage already engaged. A number of boats were loaded at two or more ports in order to get sufficient wheat for the cargoes. There was a good demand for Hard Winter for various continental markets, for Red Winter for France, and for Hard Winter and Durum wheat for Italy.

CORN PRICES FAIRLY STEADY.

Although future prices were slightly lower and crop prospects were good, cash corn prices held fairly steady to firm. Receipts were about normal. Shipping orders and export sales absorbed the offerings readily at the principal markets. Primary receipts were estimated at 5,474,000 bus. compared with 4,464,000 bus. last year. Primary shipments were 8,510,000 bus. compared with 5,251,000 bus. a year ago, thus indicating a relatively better demand at present than at the corresponding time last year.

Lake shipments to American ports from Chicago during the week were 2,072,000 bus.

(Concluded on page 116, column 3.)

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 July 29, 1922:

Atlantic ports  [28]

1,430

1,788

758

296

319

Gulf ports  [29]

1,068

19

12

Pacific ports  [30]

130

823

Total

2,628

1,807

770

1,119

319

Previous week

2,727

2,065

940

319

690

Corresponding week last year

8,515

566

93

66

471

Total July 1 to 29, 1922

11,125

6,066

2,544

2,269

2,154

Corresponding period last year

19,993

3,236

233

1,445

862

GRAIN PRICES.

Daily Average of Cash Sales at Certain Markets, Week ending Friday, July 28, 1922.

[Cents per bushel.]

WHEAT.

Sat.

Mon.

Tue.

Wed

Thr.

Fri.

CHICAGO.

Hard Winter

No. 1

114¼

111¾

112¾

114¼

113

114¼

No. 2

114¼

111½

112

113¼

112

113½

No. 3

109½

110½

112

111¾

112¾

Yel. Hrd. Win.

No. 1

109½

112¼

111¾

112¾

No. 2

113¼

111

111

112¼

111

112¼

No. 3

110½

111

110

111¾

Red Winter

No. 2

113½

110½

110

110¼

110¼

111¼

No. 3

112¼

108¾

108¾

108

107¾

108½

MINNEAPOLIS.

Dark. Nor. Spg.

No. 1

161

158

157

160

155

157

No. 2

158

153

152

153

150

156

No. 3

156

152

151

151

149

152

Nor. Spring

No. 2

152

153

154

No. 3

149

131

143

140

128

KANSAS CITY.

Drk. Hrd. Win.

No. 1

115

116½

110

117¼

115

114¾

No. 2

126

121⅜

119⅜

117

115⅜

122

No. 3

129⅝

121⅞

120⅜

119⅝

122⅝

122¼

Hard Winter

No. 1

108¾

107⅝

109⅜

107

107

109

No. 2

108⅜

106½

106⅛

106

106 ⅜

107¾

No. 3

107½

104½

105¼

107⅜

106⅝

108¾

Yel. Hrd. Win.

No. 2

104

102

102¼

101

104

No. 3

103⅝

101

101⅛

101½

105⅝

103⅜

Red Winter

No. 2

104⅝

103¼

103⅞

104¾

105⅛

106⅜

No. 3

101⅜

99⅛

100⅜

101⅝

101⅝

103⅜

OMAHA.

Drk. Hrd. Win.

No. 1

117

118

118½

No. 2

119

114

118

120

118

117

No. 3

118¾

112¾

115⅛

115½

Hard Winter

No. 1

104½

101⅛

102⅞

102½

102½

104

No. 2

103½

100⅜

101⅞

102⅜

104¾

106

No. 3

104¼

99⅜

102¼

101⅜

101½

103

Yel. Hrd. Win.

No. 1

103

102½

104

No. 2

103

99½

101⅞

102

101½

ST. LOUIS.

Red Winter

No. 2

111½

109¾

111½

110¾

110½

111¾

No. 3

106½

106

107½

107½

107½

109¼

CORN.

CHICAGO.

White

No. 1

64¼

64½

64¾

65¾

No. 2

65

64

64¼

64¾

64¼

65

No. 3

64¼

63¾

64¼

63¼

65

Yellow

No. 1

65¼

64½

64½

64¼

65¾

No. 2

65¼

64¼

64⅓

64¾

64

64¼

No. 3

63¾

63¾

64

64

63½

65¼

Mixed

No. 1

64½

64¼

64½

No. 2

65

64¼

64¼

64½

64

65¼

No. 3

65

63¾

63¾

64

63¾

MINNEAPOLIS.

Yellow

No. 1

59¾

59

58¾

58¾

58¾

59¾

No. 2

59

59¼

58½

58½

60¼

KANSAS CITY.

White

No. 2

57

56

56

56½

56½

Yellow

No. 2

61

60

60

59½

61

62½

Mixed

No. 2

57½

55¾

57⅛

57⅛

58½

OMAHA.

White

No. 2

56⅜

55½

56

55

55⅞

Yellow

No. 1

58½

57⅓

57½

58½

No. 2

58½

57¾

57⅞

58

57¾

58¼

No. 3

58

57¾

58¼

Mixed

No. 2

56¾

55⅜

56

56⅜

55

56⅛

ST. LOUIS.

White

No. 1

63¾

63

63½

No. 2

63½

62¾

63

63

62¼

64

Yellow

No. 1

65

65¾

65½

66½

No. 2

66

65

65½

65½

65

66½

No. 3

65½

65

64

OATS.

CHICAGO.

White

No. 1

37¼

36½

37

37½

39¼

No. 2

36¼

35¼

34½

35¾

35¾

37¼

No. 3

34¼

33

33¼

34½

34

34¾

MINNEAPOLIS.

White

No. 2

31¾

30

31

31¼

32½

No. 3

31

30

30

30¾

30½

31

OMAHA.

White

No. 2

32

32

32

32½

33

No. 3

33½

31½

31¾

32

31⅞

32⅜

ST. LOUIS.

White

No. 2

37¾

36¾

36½

35¾

36

36

No. 3

36¾

36

35¾

35¼

35¼

35¾

RYE.

CHICAGO.

Rye

No. 2

85½

83½

81¼

81

80

80½

MINNEAPOLIS.

Western

No. 2

77

75

73¾

73

72½

74

Daily Closing Prices of Futures.

CHICAGO.

Wheat

July

111¾

108

110

109¾

110⅜

111½

Sept

109¼

107¼

107⅜

107⅛

108⅛

108¼

Corn

July

62⅛

61⅞

61¾

61⅜

62½

64½

Sept

63⅜

62⅞

62⅜

61¾

62⅜

63½

Oats

July

32¼

31½

31⅜

32

32⅛

32⅜

Sept

34

33⅝

33⅝

33⅞

34¼

34⅜

KANSAS CITY.

Wheat

July

102¼

100

100⅝

100¼

101½

102

Sept

100¾

99⅜

99½

99¼

100¼

100½

Corn

July

53⅞

52½

52

52¼

52¼

55

Sept

55⅞

54⅞

54½

53¾

54⅜

56⅜

Oats

July

34

34

31

31

31½

31½

Sept

33¾

32⅞

32⅞

33⅜

33⅜

33⅞

Hay and Feed

HAY MARKETS GENERALLY DULL AND LOWER DURING PAST WEEK

Local Conditions Were Ruling Factors—Quality of New Hay Shipments Only Fair So Far.

Local conditions were again the principal factors in the hay market situation for the week ending July 29. Eastern markets were experiencing the mid-season dullness, while central western markets were having some difficulty in disposing of the increasing receipts of new hay, much of which was not of desirable quality for shipment. The railroad strike was reported as curtailing shipments in some sections, but generally the effects of the strike were not noticeable in the markets. The average price of hay was lowered slightly during the week, but the larger declines were in the eastern markets, where prices were being worked to a new hay basis.

Receipts were lighter in the East but heavier in the West, as is shown in the following table, which gives receipts in carloads at several important markets for the weeks ending July 22 and July 29, 1922 and July 30, 1921:

City.

1922

1921

July 29.

July 22.

July 30.

Boston

39

30

New York

173

280

192

Philadelphia

69

41

Pittsburgh

44

29

Cincinnati

188

113

146

Chicago

258

191

228

Minneapolis-St. Paul

208

141

54

St. Louis

121

88

Kansas City

360

330

Los Angeles

48

84

224

San Francisco

138

253

TIMOTHY LOWER IN EAST.

Timothy.—Notwithstanding the light receipts, prices declined $1.50–$2.50 per ton on No. 1 timothy hay at New York and Boston during the week. Very little good hay was offered and the poorer grades were not wanted. Buyers appeared to prefer to await larger receipts of new hay. The few cars of new hay arriving were mostly No. 3 or lower and some were heating. Light receipts caused firm prices most of the week at Philadelphia and good old hay was in demand at Pittsburgh. New hay, most of which graded No. 2, sold at $5 discount under old No. 1 prices at the latter market.

Good quality old hay and new cool, sweet hay sold readily at Chicago, but the poorer grades, of which there was an oversupply, sold at heavy discounts. Southside yards were congested with off-grade hay. Nearly all the new hay was reported to be overripe and of poor color. Many cars were heating, also.

The timothy market developed an easier tone at both Cincinnati and St. Louis. The local demand was limited and prices were said to be too high to stimulate a shipping demand to the South and Southeast. There was, however, very little inquiry from the southern markets, as Johnson grass and other local hays were on the market in good supply.

ALFALFA MOVEMENT LIGHT.

Alfalfa.—The movement of alfalfa from Kansas and other Southwestern States was comparatively light, as the second crop of alfalfa was much smaller than the first because of the hot, dry weather which recently prevailed in that territory. The shortage of water in some sections will also probably cause a lighter yield of the third crop so that producers are not inclined to sell their stocks at prices unsatisfactory to them. Kansas City reported a more active demand from the cotton belt as well as from the local dairy trade.

Advances in prices for all grades were reported from Los Angeles where receipts were light. Choice rabbit hay sold as high as $25 per ton. Receipts at San Francisco were heavier and prices were much lower than at the southern market.

Prairie.—Prairie hay constituted the bulk of the receipts at Minneapolis and Kansas City. Dealers and consumers who had accumulated large stocks of hay in expectation of a curtailed supply because of the rail strike were not interested and the market ruled dull. The stockyards offered the principal outlet at Minneapolis. Country supplies of prairie were reported heavy and little improvement in the market was expected.

Straw.—Receipts of straw were light but equal to the demand in most markets. Some old rye straw was wanted in eastern markets. There was an oversupply of wheat straw at Chicago. Current quotations were as follows: No. 1 wheat—Boston (old) $19, Baltimore $12, Pittsburgh $13.50, Chicago $9, Cincinnati $10.50, Richmond $12; No. 1 oat—Boston (old) $20, Baltimore $12.50, Pittsburgh $13.50, Chicago $11.50, Cincinnati $10.50; No. 1 rye (straight)—Boston (new) $30, New York (new) $22, Baltimore $30; No. 1 rye (tangled)—Pittsburgh $13.50, Chicago $13, Cincinnati $11.

MILL FEED MARKETS DISPLAYED WEAK TENDENCY DURING WEEK

Heavy Production of Wheat Feeds Cause of Rather Large Accumulations—Alfalfa Meal Firm.

The mill feed market was in a weak position during the week ending July 29. Increased production and offerings of the more important feedstuffs with no material improvement in the demand from principal feeding sections resulted in an easier feeling and lower quotations, especially for bran and cottonseed meal.

During the early part of the week the market held steady, but as soon as production figures became more generally known buyers turned resellers and endeavored to realize profits on their long contracts. During the last few days of the week trading was practically at a standstill, with sellers anxious to dispose of nearby shipment stuff. Stocks in hands of interior dealers were thought to be fairly good for this season of the year and advices indicate that they are being disposed of only slowly. The movement was fair.

Wheat mill feeds.—Bran was easily the weakest of the wheat mill feeds and on heavy offerings declined to $14 in the Minneapolis market. Standard middlings and the heavy wheat feeds held slightly better, flour middlings and reddog of ordinary quality commanding $24.50 and $29.50, respectively, in that market. Production in southwestern and northwestern mills increased substantially and an easier market prevailed. Most of the markets quoted bran $1–$2 lower than last week. The movement

(Concluded on page 116, column 2.)

CARLOAD PRICES OF HAY AND FEED AT IMPORTANT MARKETS, JULY 29, 1922.

[In dollars per ton.]

Boston.  [31]

New York.  [31]

Philadelphia.  [31]

Pittsburgh.  [31]

Cincinnati.  [31]

Atlanta.

Jacksonville.

Memphis.  [31]

Buffalo.

Chicago.  [31]

Minneapolis.  [31]

St. Louis.  [31]

Kansas City.  [31]

Los Angeles.  [31]

San Francisco.  [31]

HAY.

Timothy and clover:

No. 1 timothy

30.00

30.00

25.00

[32]24.00

17.00

24.00

24.00

21.00

19.00

21.00

17.50

14.50

Standard timothy

29.00

24.00

22.00

19.00

16.50

16.50

13.00

No. 2 timothy

26.00

27.50

23.50

19.00

16.00

22.50

20.00

18.50

17.50

16.00

16.00

15.00

11.00

No. 1 light clover, mixed

28.00

23.50

19.50

15.50

22.50

23.00

18.50

[32]16.00

14.25

No. 1 clover, mixed

23.00

24.00

17.00

14.50

22.00

12.00

[32]15.50

12.00

No. 1 clover

[32]16.00

14.00

12.00

[32]15.00

11.00

Alfalfa:

No. 1 alfalfa

17.00

25.00

24.00

22.50

20.00

[32]18.00

16.00

19.00

16.00

Standard alfalfa

16.00

23.50

19.50

17.00

[32]16.00

14.00

15.00

No. 2 alfalfa

14.00

22.00

17.00

15.00

[32]13.00

12.00

12.00

Prairie:

No. 1 upland

19.00

16.00

11.25

No. 2 upland

17.00

15.00

9.50

No. 1 midland

16.00

12.50

Grain:

No. 1 wheat

19.00

No. 1 oat

21.00

18.00

FEED (bagged).

Wheat bran:

Spring

23.25

23.25

22.25

22.00

21.00

24.00

24.00

18.50

20.50

17.25

14.00

Soft winter

25.00

23.25

24.00

23.50

21.50

24.00

21.50

14.50

40.00

37.00

Hard winter

22.50

22.50

21.00

24.00

20.50

17.00

16.75

14.25

36.00

Wheat middlings:

Spring (standard)

26.50

25.50

25.50

24.50

24.50

29.00

26.00

21.50

20.00

17.00

Soft winter

32.00

29.50

28.00

32.50

30.00

24.00

22.00

46.00

Hard winter

30.50

28.00

23.00

21.50

Hard winter wheat shorts

29.00

28.00

25.00

23.00

23.50

19.50

Wheat millrun

26.00

18.00

36.00

Rye middlings

26.00

25.00

23.00

20.50

15.50

High protein meals:

Linseed

49.00

48.00

48.00

[32]48.50

47.10

54.50

44.50

46.50

45.00

50.00

58.00

Cottonseed (41%)

44.50

43.50

43.00

44.00

44.50

50.00

47.00

44.50

48.00

49.00

Cottonseed (36%)

42.50

41.50

41.00

42.00

41.00

38.00

42.00

36.00

41.50

46.50

43.00

Peanut (36%)

31.00

49.00

No. 1 alfalfa meal (medium)

25.00

30.00

22.50

23.25

22.00

18.50

26.00

Velvet-bean meal

32.00

Gluten feed

35.20

35.35

34.95

33.75

32.00

38.55

33.75

28.85

White hominy feed

32.00

31.00

30.50

28.50

29.00

29.00

29.50

26.00

25.00

22.00

Yellow hominy feed

31.50

30.50

30.00

28.50

28.50

29.00

25.00

21.00

Ground barley

33.00

31.50

Dried beet pulp

51.00

33.00

53.00

48.00

36.00

Seeds

MOVEMENT OF ORCHARD GRASS SEED SLOWER THAN IN 1921

Thrashing Not Yet Completed in Many Sections—Quality This Year Better than Last

The movement of orchard grass seed is even more belated than last year despite the fact that it was harvested earlier. In some sections but little seed had been thrashed up to July 25 and in other sections thrashing operations were in full swing or nearly completed.

As was pointed out in the June 24 issue of WEATHER, CROPS, AND MARKETS, the 1922 crop is much larger than that of last year and sales were somewhat disappointing this spring. These factors along with others have tended to cause dealers to take a passive interest in the crop and refrain from making any but nominal bids for seed held by growers.

MARKET NOT YET MADE.

The market had not become established by July 25, although prices for country-run seed ranging from 75¢ to $1.25 per 100 lbs. were being offered occasionally to growers in the Kentucky, Ohio, and Missouri districts. Thrashing had not progressed sufficiently in Virginia for buyers to become interested in the seed that was harvested in that State.

The quality of the 1922 crop in practically all districts is considered to be better than last year. The carryover of old seed by growers, particularly in the Ohio and Virginia districts, seems to be somewhat larger than usual. No orchard grass seed was permitted entry under the seed importation act during June and July.

Meadow Fescue Seed Prices Decline During Past Two Weeks.

A normal movement of the 1922 crop of meadow fescue seed has occurred since thrashing began about June 30, and it is estimated that approximately 55% of the crop has already been sold by growers. In the opinion of country buyers and others this year’s crop of recleaned seed will be about twice as large as that of last year.

The quality is considered to be much better not only because of favorable weather during the growing season and at harvest time but also because growers exercised more care in the selection of their seed for sowing. During recent years the shrinkage in recleaning the crop has been unusually heavy, resulting in considerable loss to the growers.

Prices to growers declined 2¢ or 3¢ during the two weeks prior to July 25. Only about 4¢ per lb. for recleaned seed was being paid on that date, and there were not many buyers even at that price.

A new variety of the Rose potato, called the Early Norther Rose, was planted in the Charleston section of South Carolina this spring. It resembles the Spaulding Rose, but is a little longer and thicker than that variety. The average yield was 80–90 bbls. per acre.

MOVEMENT OF KENTUCKY BLUE GRASS SEED BELOW NORMAL

Growers in Kentucky Have Pooled Much of Their Seed——Quality Better than Last Year.

The 1922 crop of Kentucky blue grass seed is not being sold so freely by growers in Kentucky and Missouri as was the crop last year. In some important stripping areas in Kentucky where the crop is large, less than 5% had moved from growers’ hands by July 25. In other sections of Kentucky approximately 25% had been sold but the bulk of the crop has been pooled in the expectancy of higher prices later. Although in the vicinity of one or two important shipping points in Missouri 60% or more of the crop is reported to have been sold by growers, in most of the other sections only 10%–15% has been sold.

Prices prevailing about July 25 were much lower than last year, being mostly $1.25–$1.50 per bu. for rough, cured seed compared with $2–$2.50 last year. Little or no change occurred in prices offered to growers during the last two weeks of July.

The quality of the seed in Kentucky and Missouri is much better than it was last year and undoubtedly will shrink less in cleaning.

The production of the 1922 crop was covered fully in the June 17 issue of this publication.

IMPORTS OF FORAGE PLANT SEEDS.

Permitted Entry Under the Seed Importation Act.

Kind of seed.

July.

1922.

1921.

Pounds.

Pounds.

Alfalfa

1,553,100

89,200

Canada bluegrass

1,000

Alsike clover

44,300

17,800

Crimson clover

11,000

198,200

Red clover

185,800

744,500

White clover

79,000

133,600

Grass mixtures

40,100

Broom corn millet

153,400

Rape

366,700

38,500

Redtop

2,200

English rye grass

84,000

16,300

Italian rye grass

13,800

Timothy

89,200

Hairy vetch

91,900

108,400

Spring vetch

10,800

WEEKLY FEED TRADE REVIEW.

(Concluded from page 115.)

was fair: Embargoes against outbound shipping in a few western markets kept business within narrow limits. Stocks generally were in excess of the demand.

Southwestern markets reported a good demand for shorts from the South and Southeast and an improved inquiry for bran was noted from Pacific coast markets. Large stocks of wheat feeds, mostly bought at higher levels, are being carried at western lake ports, and railroads are not accepting any more shipments to be held at lake ports, claiming that all available space is occupied.

Cottonseed meal and cake.—Increased offerings of new crop cottonseed cake and meal gave the market an unsettled tone and although a fair demand was noted in the East the premiums of old crop over the new crop cake and meal were sharply lowered. Prices for October shipment stuff ruled about $5 per ton lower than spot offerings in most markets. Pressure of new crop offers for deferred shipment tended to check buying. A small volume of business on the basis of $40 at Kansas City for 43% stock was noted, but buyers generally were hesitant in taking hold. Old crop stocks at mills continue in excess of what they were last year. The export inquiry was light. The movement was small.

Linseed meal and cake.—Production of linseed meal and cake was light. Prices held steady, but showed a rather wide range, mill offerings being at 50¢-$1 per ton less than was asked by jobbers. Stocks were fair. The demand both for export and domestic consumption was poor. Crushers expect increased production during September and October but little improvement in the output is expected during August. Receipts and movement were light.

GLUTEN FEED DEMAND QUIET.

Gluten feed.—The demand for gluten feed was quiet. Dealers reported sales as slow, and as a result a few mills experienced difficulty in obtaining shipping instructions for goods bought for July shipment. Although corn prices were lower and No. 2 Yellow was quoted on the basis of about $22 Chicago, gluten feed for August shipment was advanced $1 per ton over the July price to $29.85 per ton Chicago. Production was normal and the movement was good. Supplies were rather large in the Northeast, and moderate in other sections.

Hominy feed.—Hominy feed prices showed little change from last week. Eastern mills shaded prices to effect sales. The demand was scattered and mostly from single car buyers. Production was good, particularly by mills having orders for grits for the Russian Relief. Offerings by western mills increased because of the limited sales during the past month and the accumulation of stocks. Supplies in dealers’ hands continued fair. The movement was light.

Alfalfa meal.—The supply of alfalfa meal was about equal to the demand, which was normal for this time of the year, inquiries having been received from all over the country. Prices for meal are governed largely by trend of hay prices, and as the yield of second cutting in many instances was less than was expected, with poor prospects for the third cutting, the alfalfa meal situation was quite firm. The supplies of hay available for milling have been reduced considerably through extensive purchases by sheep feeders. Millers, therefore, do not expect to make heavy offerings in the near future. In fact, many mills were unable to accept business for immediate, quick, or prompt shipment. The movement was fair.

WEEKLY GRAIN MARKET REVIEW.

(Concluded from page 114.)

and to Canadian ports 1,431,000 bus. Total shipments for the season to Canadian ports stand at 11,757,000 bus.

Increased offerings of oats caused prices to decline 1¢ to 2¢ per bu. during the week. The demand was light because buyers were expecting new crop prices to be lower. The general movement was not large, however, as total primary receipts were only 4,775,000 bus., or not quite one-half of the amount reported received during the corresponding week last year.

The visible supply of grain at the close of the week was given as follows: Oats, 36,667,000 bus.; corn, 19,509,000 bus.; and wheat, 19,667,000 bus. Wheat and flour on ocean passage totaled 48,936,000 bus., compared with 57,960,000 bus. one year ago.

Cotton

PRICES SAG DURING WEEK; SPOT SALES SHOW INCREASE

Reports of More Favorable Weather in the Main Cotton States Was Factor in Market.

The week ending July 29 witnessed sagging prices in cotton, due primarily to reports of more favorable weather for the growing crop. Both the railroad and coal strikes had their effect, and the unsettled condition in foreign exchange was also a factor.

The average price of Middling as determined from the quotations of the 10 designated spot markets closed at 21.69¢ per lb. on July 29, compared with 22.10¢ at the close of the previous week and 10.81¢ for the corresponding day last year. The decline in October future contracts on the New York Cotton Exchange amounted to 38 points, and on the New Orleans Cotton Exchange to 39 points. October future contracts on the Liverpool Cotton Association closed at 12.24d. per lb. on July 28, compared with 12.59d. at the close of the previous week and 8.39d. for the corresponding day last year.

The volume of spot sales as reported by the cotton exchanges in the 10 designated markets was somewhat larger than the previous week, amounting to 29,057 bales, compared with 26,939 bales the previous week and 29,715 bales for the corresponding period in 1921. The total sales reported by the exchanges in the 10 designated spot markets from Aug. 1 to July 29 amounted to 3,361,605 bales, compared with 3,303,552 bales for the corresponding period last season.

Dullness was reported to have developed in the dry goods trade, but with little change in the price levels as compared with those of the previous week.

Closing Future Prices for July 29 and for the Corresponding Days in 1921 and 1920.

Month.

New York.

New Orleans.

1922

1921

1920

1922

1921

1920

Cents.

Cents.

Cents.

Cents.

Cents.

Cents.

October

21.42

12.14

31.27

20.96

11.66

30.31

December

21.35

12.65

30.00

20.85

12.00

29.35

January

21.21

12.60

29.18

20.81

12.08

28.90

March

21.18

12.95

28.90

20.71

12.40

28.50

May

21.05

13.08

28.50

20.60

12.47

27.90

Spot Quotations for Middling Upland Cotton at New York on July 29, for Each of the Past 32 Years.

Cents.

1891

8.00

1892

7.50

1893

8.12

1894

7.00

1895

7.00

1896

7.31

1897

7.94

1898

6.06

1899

6.12

1900

10.06

1901

8.12

1902

9.06

1903

13.25

1904

10.70

1905

11.05

1906

10.90

1907

12.90

1908

10.70

1909

12.75

1910

16.05

1911

13.50

1912

13.25

1913

11.95

1914

12.75

1915

9.35

1916

13.30

1917

25.20

1918

28.55

1919

35.15

1920

40.00

1921

11.95

1922

21.75

Cotton Movement from August 1 to July 28.

[Information from commercial sources.]

1921–22

1920–21

Bales.

Bales.

Port receipts

6,084,471

6,713,411

Port stocks

499,345

1,347,936

Interior receipts

7,224,067

7,546,577

Interior stocks

388,830

1,129,231

Into sight

11,565,262

Northern spinners’ takings

2,088,516

Southern spinners’ takings

4,126,522

2,874,678

World’s visible supply of American cotton

2,021,888

4,108,428

SPOT COTTON QUOTATIONS.

Price of Middling spot cotton for July 29 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 July 29, as reported to the U. S. Department of Agriculture by the cotton exchanges in these markets.

Norfolk.

Augusta.

Savannah.

Montgomery.

Memphis.

Little Rock.

Dallas.

Houston.

Galveston.

New Orleans.

Average.

White Standards:

On.  [33]

On.

On.

On.

On.

On.

On.

On.

On.

On.

On.

Middling Fair

200

125

125

163

225

200

200

150

250

175

181

Strict Good Middling

150

100

100

125

150

150

150

125

175

150

138

Good Middling

100

75

75

88

100

100

100

100

100

100

94

Strict Middling

50

38

50

50

50

75

75

50

50

50

54

Middling

21.63

21.63

21.50

21.38

22.50

21.50

21.45

21.90

21.95

21.50

21.69

Off.  [33]

Off.

Off.

Off.

Off.

Off.

Off.

Off.

Off.

Off.

Off.

Strict Low Middling

50

37

50

50

50

50

75

75

75

50

56

Low Middling

100

100

100

125

125

125

150

150

150

125

125

Strict Good Ordinary  [34]

175

175

150

200

225

225

250

250

250

225

213

Good Ordinary  [34]

250

275

200

275

325

325

350

350

350

325

303

Yellow Tinged:

Good Middling

Even.

Even.

Even.

Even.

Even.

[35]25

Even.

Even.

Even.

Even.

[35]3

Strict Middling

50

37

50

75

50

50

75

50

50

50

54

Middling  [34]

100

100

150

175

150

150

175

175

175

200

155

Strict Low Middling  [34]

175

175

225

250

225

225

250

250

250

250

228

Low Middling  [34]

275

275

300

325

325

300

325

325

325

325

310

Yellow Stained:

Good Middling

100

100

100

125

125

125

150

150

150

125

125

Strict Middling  [34]

200

175

200

200

225

200

250

250

225

250

218

Middling  [34]

275

300

300

275

275

275

350

350

325

300

303

Blue Stained:

Good Middling  [34]

150

100

150

150

100

125

175

150

150

125

138

Strict Middling  [34]

225

200

225

225

150

225

250

225

225

175

213

Middling  [34]

300

300

300

300

200

325

325

300

300

300

295

Sales for week, bales

531

233

169

472

1,200

56

7,113

7,283

6,739

5,261

[36]29,057

Exports of American Cotton from August 1 to July 28.

[Information from commercial sources.]

To—

1921–22

1920–21

Bales.

Bales.

Great Britain

1,755,531

1,753,072

France

763,220

575,436

Germany

1,421,822

1,326,405

Italy

488,710

508,678

Japan

810,199

629,599

China

90,666

74,741

Spain

311,763

253,899

Belgium

172,485

195,473

Other countries

219,597

266,148

Total

6,033,993

5,583,451

Exports for the week ending July 28 amounted to 48,449 bales, compared with 96,434 bales the previous week and 157,465 bales for the corresponding week in 1921.

Stocks of Government Classed Cotton at Future

Markets.

Inspected cotton, Government classed, in warehouses at the ports of New York and New Orleans on July 28, 1922, and on the corresponding day in 1921, 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.

1922

1921

1922

1921

Bales.

Bales.

Bales.

Bales.

Middling Fair

10

3

Strict Good Middling

812

239

89

290

Good Middling

9,155

4,531

295

3,532

Strict Middling

31,539

20,766

1,373

21,618

Middling

46,874

51,498

4,418

34,835

Strict Low Middling

25,588

43,045

3,052

19,408

Low Middling

4,475

10,590

368

7,264

Good Middling Yellow Tinged

3,941

4,518

665

3,130

Strict Middling Yellow Tinged

2,134

3,630

596

3,087

Good Middling Yellow Stained

21

35

3

4

Total

124,549

138,852

10,859

93,171

Total stocks of cotton, all kinds, on July 28 at the port of New York were 150,889 bales, and for the corresponding day in 1921, 156,141 bales; at the port of New Orleans 98,090 bales, and for the corresponding day in 1921, 421,349 bales.

Premium Staple Cotton.

A poor demand for premium staple cotton was reported at New Orleans and a limited demand with light offerings at Memphis. Some of the sales reported in these two markets during the week were as follows:

New Orleans:

Cents.

Middling to Strict Middling, 1 to 11

16 ins.

23⅜

Low Middling, 11

16 ins.

20½

Middling to Strict Middling, 11

16 to 1⅛ ins.

24¾

Memphis:

Strict Middling, full, 13

16 to 1¼ ins.

32

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 21½¢ per lb. at New Orleans and 22½¢ at Memphis on July 29, 1922, and 11¢ per lb. at New Orleans and 10¾¢ at Memphis on July 30, 1921.

Length.

New Orleans.

Memphis.

1922

1921

1922

1921

Points.

Points.

Points.

Points.

11

16 ins.

150

75

100

125

1⅛ ins.

375

500

400

625

13

16 ins.

550

800

700

925

1¼ ins.

800

1,100

1,000

1,125

Quotations reported on July 28 for Pima American-Egyptian cotton f. o. b. New England mill points were as follows: No. 1 grade, 38½¢ per lb.; No. 2, 36½¢; No. 3, 34½¢. A year ago Pima cotton on the same terms was quoted at 33¢ per lb. for No. 2 and No. 3 grades.

British Wool Imports for First Half of 1922

Total 677,634,000 Pounds.

The total imports of sheep and lambs’ wool by the United Kingdom during the first six months of 1922 amounted to 677,634,000 lbs., compared with 369,325,100 lbs. during the same period of 1921.

Most of the wool came from Australia, New Zealand, British South Africa, and Argentina. The imports from Australia and New Zealand combined amounted to 445,466,900 lbs., compared with only 251,225,300 lbs. during the first six months of 1921, while the imports from British South Africa increased from 56,904,600 lbs. in the first half of 1921 to 110,333,300 lbs. in the first half of 1922. The imports from Argentina increased from 16,548,300 lbs. in the first half of 1921 to 23,545,000 lbs. in the corresponding half of 1922.

Weather

RAINS BENEFITED VEGETATION IN MANY INTERIOR DISTRICTS

Conditions Mostly Favorable for Cotton—Wheat Too Far Advanced for Much Rust Damage.

Beneficial rains were received during the week ending Aug. 1 in many Central Valley districts, but the rainfall was of rather local character and many areas were still in need of moisture. The rainfall was especially beneficial for growing crops in Iowa, much of South Dakota, portions of Kansas, and parts of the Ohio Valley States. Vegetation was improved also in the northwestern Plains area and in many sections of the central Rocky Mountain States.

Showers brought some relief in the far Southwest, particularly in portions of Arizona and northern New Mexico, but other localities in that area were still in need of rain. Very little rain occurred from the lower Great Plains southward and the high temperatures in that area were accompanied in some localities by destructive hot winds. Late truck needed rain also in some other Southern States. Farm work made good progress generally, except for some delay, principally in north Central States, caused by heavy rainfall. Roads were mostly in good condition.

THRASHING SOMEWHAT RETARDED.

Small grains.—There was considerable rainfall during the week in many localities of the North Central States, and thrashing of small grains was retarded in this section. There was some injury to grain in shock also in portions of the upper Mississippi Valley, particularly in Iowa. East of the Mississippi River this work made generally good progress under favorable weather conditions, while harvesting of late grain and thrashing progressed rapidly in the far Northwestern States. Plowing for fall seeding showed progress in the lower Missouri Valley, the north central Great Plains States, and in some Ohio Valley districts, with the soil mostly in good condition.

Reports of black rust in spring wheat continued from the central and eastern portions of North Dakota, but the crop was too far advanced to suffer serious damage. There was some local damage by hail in Minnesota, and the condition of spring wheat is variable in that State, though on the whole it is generally fair. The crop was largely harvested in South Dakota and some thrashing was done with fair yields with the grain of good to excellent quality.

Oat and barley harvests continued in the Northeastern States, and thrashing progressed in the Ohio Valley region. The yields in the latter area were mostly disappointing. Considerable oats in shock were damaged in Iowa by molding, rotting, and sprouting due to wet weather. Oats were benefited in many of the later western districts by the showers of the week. Flax was reported in mostly good condition in South Dakota. Rice did well in California and the condition and progress of this crop was reported as good in Texas. Harvest of the early rice crop was in progress in Louisiana.

Corn.—The rainfall in the central and upper Mississippi Valley, much of the Great Plains area, and in localities of the Ohio Valley was very beneficial to corn. The late crop, however, in the lower Great Plains, in Texas, and some other southern localities needed rain badly. The condition and development of the crop were reported as excellent in all sections of Missouri and fair to very good in Iowa. Moderately heavy rains occurred in the last-named State, especially in the western portion, where moisture had been badly needed. The progress of the crop was very good in Illinois, fair to very good in Indiana generally, although it needed rain in the eastern portion of the latter State. Corn was in good condition in Ohio but needed rain in many places.

The crop was favorably affected by the weather in the Middle Atlantic States and was doing well in northeastern districts. The nights continued too cool for best development of this crop in the western upper Lake region, where growth was backward. Fields were uneven but generally fair and showed some improvement in Minnesota. Corn had mostly tasseled out to the extreme north central portion of the country. Broom corn was damaged by drought in the southern Great Plains, especially in western Oklahoma.

MOSTLY FAVORABLE FOR COTTON.

Cotton.—Cotton was favorably affected by the weather of the week except where there was a lack of moisture in the more western portion of the belt and where it was too wet in a few central and eastern localities. Moderate rainfall was the rule from the Mississippi Valley eastward, but to the westward little or no rain fell. Temperatures were somewhat above normal in the central and eastern districts and were unusually high in the northwestern portion of the belt. Sunshine was generally ample except in northeastern localities.

The crop made favorable progress in North Carolina, except where it was too wet in parts of the coastal plain. The weather was generally favorable in South Carolina, although there was too much moisture in some central counties and the plants were reported as sappy with some shedding, but fruiting fairly well generally. The week was very favorable for cotton in Georgia where very good to excellent progress was reported, and generally fair advance was indicated from Alabama.

The progress was very good in the northern and southern portions of Mississippi but less favorable where the rainfall was heavier in the central portion. Cotton showed very good development in Louisiana and most of Arkansas, the warm, dry weather being favorable in the latter State. Conditions were less favorable, however, in Texas and Oklahoma. Peanuts were shedding in the former State as a result of warm, dry weather, although the early planted crop continued in fair to good condition. The progress of the peanut crop in Texas was poor to only fair, and progress and condition were fair in Oklahoma although the plants needed rain badly in the western portion where wilting and shedding were reported.

Weevils were generally less active, particularly in the western portion of the belt, although they continued numerous in most sections and were doing considerable damage in many localities. Bolls were reported as opening rapidly in southern Georgia and picking progressed favorably. The weather was very favorable for this work in the southern portion of Texas.

Potatoes.—White potatoes made generally good progress throughout the country during the week. Showers were beneficial for the crop in many portions of the Rocky Mountain and Plateau States, except in local areas where unirrigated potatoes needed more moisture. Some damage from disease and insects was reported from comparatively small areas in the northwestern Lake region and the crop was injured in portions of the lower Great Plains by heat and drought. In some sections of the middle Atlantic coast area more moisture would have been beneficial. Digging was in progress northward to the Lake region. Planting continued in portions of the Southeast. Sweet potatoes did well generally and were reported as making excellent growth, except in Florida where they needed more rain.

Truck and miscellaneous crops.—With sufficient moisture in most of the interior Valley States, truck crops and gardens showed improvement, although they were damaged in portions of the Ohio Valley States by lack of moisture. They were unfavorably affected in a few localities of the east Gulf area. Rain was badly needed in the Southwest and unirrigated truck was suffering in the far Northwest.

Sugar beets improved in Colorado and were doing well in Utah, Wyoming, and Nebraska. The weather was favorable for tobacco in the Northeast, but this crop was injured by drought in portions of Kentucky and plants were yellowing in places in Ohio because of insufficient moisture. The weather was favorable for checking rust in the Ohio Valley localities. Sugar cane was doing well in the lower Mississippi Valley, but cane and peanuts were needing rain in Florida. In Virginia peanuts were reported as small and the fields grassy.

RAINS HELP WESTERN RANGES.

Meadows, pastures, and stock.—Alfalfa was benefited by local showers in the Central Plateau area and meadows and pastures were improved in many interior Valley States, although moisture was needed in some sections. Considerable rain fell over the northern and northwestern Great Plains and in the central Rocky Mountain districts, resulting in material improvement to ranges. There were also local showers in the far Southwest, which were beneficial, but only partial relief was brought to New Mexico, where much of the range was still slowly deteriorating and stock was thin. Ranges were further unfavorably affected by lack of rainfall in Texas, and pastures were mostly burned dry in central Oklahoma. More rain was needed in West Virginia and Pennsylvania, but pastures continued very good in the Middle Atlantic States and the Northeast. Pastures were reported short in Michigan, and while still good in Wisconsin they needed rain in many localities. Ranges were in poor condition in Minnesota.

Fruit.—There was some damage to fruit by heat and lack of moisture in Oklahoma, and some harm resulted locally from high winds in Missouri. Apples and prunes would have been benefited by rain in some of the more northwestern States. Otherwise the weather conditions were generally favorable for fruit in practically all sections of the country. Prunes and olives were sizing up nicely in California; oranges were fair to good in that State; but lemons were less satisfactory because of last winter’s freeze. Strawberry plants were favorably affected in Florida and citrus fruits were in good condition.

The Mexican bean beetle was reported as a serious pest from several counties in Tennessee.

Warm in Southwest during Week.

Moderate midsummer temperatures prevailed in most sections of the country during the week, except for unusually warm weather in some south central districts. Maximum temperatures were frequently above 100° in Oklahoma, western Arkansas, and northern Texas, the highest reported in this area being 104° at Oklahoma City on July 26. Chart 1, page 120, shows that for the week as a whole the temperature averaged below normal in the Northeast, some north central localities, and in most sections west of the Rocky Mountains. Elsewhere the weekly averages were above normal, being decidedly above normal in the lower Great Plains section.

Rainfall was generally of a local character during the week, with light to moderate, and in a few instances heavy, showers reported generally from the Mississippi Valley eastward, as shown by Chart 2, page 120. Good rains occurred in the northwestern Great Plains, but little or none was received from the southern Plains southward.

Average August Weather.

The last two columns of the table on this page show the normal temperature and precipitation for the month of August at the various Weather Bureau stations throughout the country. The average temperature for August differs but little from that of July, although as a rule August is slightly cooler except on the Pacific coast. East of the Rocky Mountains the coolest August weather usually occurs in the upper Lake region and the Northeastern States, where the monthly normals are about 62° to 65°. The normals are slightly above 80° in much of the Gulf coast section.

Rainfall in August is frequently of a local character, resulting largely from thunderstorms. The highest monthly averages for August vary from 6 ins. to more than 8 ins. and occur in the more southeastern States. The dry season continues over the Pacific Coast States and little or no rain is expected, except for occasional showers in the mountains and in the more northern districts. Thunderstorms during August are usually more frequent along the east Gulf coast than in any other section of the country, occurring on the average on about 20 days during the month. They are usually active also during this month in the far Southwest, this being within the season of maximum rainfall in Arizona and New Mexico and portions of the adjoining States.

Irish Flax Industry Failing.

The Irish flax industry is threatened with extinction, according to a report from the American Consul at Belfast. The area under flax for the present year amounts to only 25,000 acres, compared with 40,000 acres in 1921 and 127,193 acres in 1920.

The Irish Department of Agriculture has been urged to formulate and adopt a scheme for the improvement and maintenance of this staple industry of Northern Ireland.

Mississippi Tomato Shipments.

Mississippi’s tomato output has grown by leaps and bounds. In the spring of 1920 there were 1,360 cars shipped from that State. The 1921 movement was 1,960 cars, and this season the shipments filled approximately 3,450 cars.

WEEKLY TEMPERATURE AND PRECIPITATION——AUGUST NORMALS.

Districts and stations.

Temperature.

Precipitation.

August normals.

Week ending Aug. 1.

Week ending Aug. 1.

Temperature.

Precipitation.

Average.

Departure from normal.

Total.

Departure from normal.

GULF STATES.

°

°

Ins.

Ins.

°

Ins.

Jacksonville

84

+3

0.4

–1.1

80

6.2

Miami

82

0

1.6

–0.1

82

7.6

Key West

82

–2

1.5

+0.5

84

4.7

Tampa

84

+2

T.

–2.2

81

8.6

Pensacola

82

+1

0.1

–1.8

81

7.2

Mobile

82

+1

0.6

–1.1

80

6.8

Montgomery

84

+3

0.6

–0.6

80

4.2

Anniston

80

+2

0.7

–0.7

76

4.5

Birmingham

82

+1

1.5

+0.1

79

4.5

Meridian

82

+2

2.3

+1.3

78

3.6

Vicksburg

82

+1

0.7

–0.3

81

3.5

New Orleans

84

+2

0.1

–1.0

82

5.6

Shreveport

84

+1

0.2

–0.7

81

2.2

Little Rock

84

+3

T.

–1.2

79

3.6

Fort Smith

88

+7

T.

–1.1

79

3.7

Bentonville

82

+3

0.2

–0.9

76

4.0

Oklahoma

88

+8

0

–0.7

78

3.2

Abilene

84

+1

0

–0.5

81

2.0

Fort Worth

88

+4

T.

–0.6

83

1.9

Dallas

88

T.

Palestine

84

+2

T.

–0.9

80

2.2

Taylor

86

+3

T.

–0.7

82

2.5

Houston

84

0.1

Galveston

82

–1

0.1

–0.8

83

5.0

Corpus Christi

84

+1

T.

–0.4

82

2.3

San Antonio

84

+1

0

–0.5

82

2.7

Del Rio

84

–2

0

–0.5

84

2.6

OHIO VALLEY AND TENNESSEE.

Memphis

84

+3

T.

–0.9

79

3.2

Nashville

82

+3

0.4

–0.5

78

3.5

Chattanooga

82

+4

1.0

0

76

3.8

Knoxville

80

+4

T.

–1.0

75

4.0

Lexington

78

+2

0.6

–0.3

75

3.6

Louisville

80

+1

1.7

+0.9

76

3.5

Evansville

82

+3

1.1

+0.3

77

3.2

Indianapolis

76

0

0.2

–0.7

74

3.3

Cincinnati

76

0

0.5

–0.3

74

3.3

Dayton

76

0

0.6

0

73

3.0

Columbus

74

–1

0.2

–0.6

73

3.2

Parkersburg

76

0

0.5

–0.3

73

3.5

Elkins

70

–1

0.9

0

68

3.6

Pittsburgh

74

–1

0.1

–0.9

73

3.2

LAKE REGION.

Canton

66

–3

0.1

–0.6

67

2.7

Syracuse

68

–3

T.

–0.9

69

3.3

Oswego

68

–2

T.

–0.7

69

2.7

Buffalo

70

0

0.2

–0.5

69

3.0

Erie

70

–1

1.3

+0.5

70

3.3

Cleveland

72

–1

0.6

–0.2

70

3.2

Toledo

74

+1

0.1

–0.6

71

2.7

Detroit

74

+2

0.2

–0.6

70

2.8

Saginaw

72

+1

0.8

–0.1

69

2.9

Alpena

66

0

0.3

–0.3

64

3.3

Grand Rapids

72

–1

0.2

–0.6

70

2.6

Chicago

74

–1

0.1

–0.8

73

2.9

Fort Wayne

74

0.9

Milwaukee

72

+2

0.1

–0.5

69

2.8

Green Bay

70

0

0.8

0

67

3.1

Escanaba

66

–1

2.2

+1.4

64

3.6

Ludington

68

0.3

Sault Ste. Marie

62

0

0.5

–0.2

61

3.1

Marquette

66

+1

0.2

–0.4

64

2.9

Duluth

70

+5

0.2

–0.6

63

3.5

UPPER MISSISSIPPI VALLEY.

St. Paul

72

0

0

–0.8

69

3.5

La Crosse

72

–1

0

–0.8

70

3.4

Madison

72

–1

0

–0.6

70

3.2

Charles City

70

–4

1.1

+0.4

71

3.4

Dubuque

72

–3

0.6

–0.3

72

3.0

Davenport

74

–1

0.8

+0.1

73

3.6

Des Moines

78

+2

1.2

+0.4

73

3.6

Keokuk

78

+1

0.7

–0.3

75

3.2

Peoria

76

+1

1.1

+0.5

72

2.9

Terre Haute

78

0.8

Springfield, Ill.

78

+2

1.0

+0.4

74

2.8

Hannibal

80

+3

0.9

+0.1

75

3.4

St. Louis

82

+2

0.7

–0.1

77

2.7

Cairo

84

+5

0

–0.9

77

2.9

PACIFIC COAST.

Tatoosh Island

52

–4

0

–0.3

55

2.1

Seattle

62

–2

0

–0.1

63

0.5

North Head

54

–4

T.

–0.1

58

0.6

Portland, Oreg.

66

–2

0

–0.1

67

0.6

Roseburg

68

–1

0

0

68

0.3

Eureka

54

–2

0

0

56

0.1

Red Bluff

86

+4

0

0

80

T.

Sacramento

78

+4

0

0

73

T.

San Francisco

58

0

0

0

58

0

Fresno

84

+1

0

0

81

0

San Luis Obispo

66

+2

0

0

64

T.

Los Angeles

70

–1

0

0

71

0

San Diego

68

0

T.

+T.

69

0

ATLANTIC COAST.

Eastport

58

–4

0.6

–0.1

61

3.3

Portland, Me.

66

–3

0.1

–0.8

66

3.6

Burlington

66

–2

T.

–0.9

66

4.0

Northfield

64

–2

T.

–1.1

63

3.9

Concord

66

–4

T.

–1.0

67

3.7

Boston

70

–2

0.1

–0.9

70

4.0

Nantucket

66

–3

0.3

–0.4

68

3.0

New Haven

70

–2

0.2

–1.2

70

5.0

Albany

70

–2

0.5

–0.4

70

4.0

Ithaca

68

–3

T.

–0.9

69

3.2

Binghamton

68

–2

0

–0.9

68

3.4

New York

70

–5

0.1

–1.2

73

4.5

Scranton

68

–4

2.0

+0.8

69

4.2

Harrisburg

72

–3

1.0

–0.3

72

4.2

Philadelphia

74

–2

T.

–1.4

74

4.6

Trenton

72

–3

T.

–1.2

73

5.4

Atlantic City

72

–1

0.4

–0.6

72

4.3

Baltimore

74

–4

0.3

–1.0

76

4.2

Washington

74

–3

1.4

0

74

4.4

Norfolk

78

0

1.4

–0.1

77

6.0

Richmond

76

–3

0.2

–0.9

78

4.4

Lynchburg

76

–2

0.2

–0.9

76

4.2

Wytheville

74

+1

0.5

–0.7

70

4.5

Asheville

74

+2

0.2

–1.0

70

4.8

Charlotte

80

+1

T.

–1.5

77

5.6

Raleigh

78

–1

0.5

–1.2

77

5.9

Hatteras

80

+2

0.9

–0.5

78

5.8

Wilmington

80

+1

2.4

+0.7

78

6.5

Charleston

84

+2

1.5

–0.1

81

7.0

Greenville

80

0.1

Columbia, S. C.

82

+1

3.0

+1.2

80

6.8

Augusta

84

+3

T.

–1.3

80

5.6

Atlanta

82

+4

1.2

–0.2

77

4.5

Macon

84

+4

T.

–1.4

78

4.2

Savannah

84

+3

1.8

+0.3

79

7.5

Thomasville

84

+2

0.1

–1.2

81

5.0

MOUNTAIN REGION.

Havre

68

–1

0.2

–0.2

65

1.3

Kalispell

66

+1

T.

–0.1

63

0.9

Helena

68

0

0.1

–0.1

66

0.7

Sheridan

70

+3

0.1

65

Lander

72

+3

T.

–0.1

66

0.5

Cheyenne

68

0

0.6

+0.2

66

1.5

Grand Junction

76

–3

0.3

+0.1

76

1.0

Denver

74

+1

0.9

+0.5

71

1.3

Pueblo

74

–1

0.2

–0.3

72

1.6

Amarillo

80

+4

0

–0.5

75

2.8

El Paso

80

0

T.

–0.4

79

1.7

Roswell

80

+1

T.

–0.6

77

1.5

Santa Fe

68

0

0.6

0

67

2.4

Flagstaff

64

–1

0.9

+0.4

63

3.3

Phoenix

88

–3

0.1

–0.2

89

1.0

Yuma

90

–2

T.

0

90

0.4

Independence

76

–3

T.

0

76

0.1

Tonopah

72

–2

0

–0.1

72

0.4

Modena

70

0

0.7

+0.3

69

1.8

Salt Lake City

78

+1

0

–0.1

74

0.8

Reno

72

+3

T.

0

67

0.2

Winnemucca

70

–3

T.

+T.

71

0.2

Pocatello

74

+2

T.

–0.1

70

0.6

Boise

76

+2

T.

0

72

0.2

Lewiston

78

+3

0

–0.1

74

0.4

Baker

68

+2

T.

–0.1

65

0.4

Walla Walla

76

+1

0

–T.

74

0.4

Spokane

72

+2

T.

–0.1

68

0.5

MISSOURI VALLEY.

Springfield, Mo.

80

+3

2.4

+1.4

75

4.3

Columbia, Mo.

82

+5

1.2

+0.6

75

3.0

Kansas City

80

+2

T.

–1.1

76

4.8

St. Joseph

80

0.1

Topeka

82

+4

0.6

–0.5

76

4.3

Iola

82

+3

0.1

–0.7

76

3.5

Wichita

82

+2

T.

–0.8

78

3.1

Dodge City

82

+4

0

–0.7

76

2.6

Concordia

78

–1

0.2

–0.6

76

2.8

North Platte

76

+3

0.7

0

71

2.5

Lincoln

76

–1

1.5

+0.7

74

3.7

Omaha

76

–1

2.1

+1.2

74

3.6

Sioux City

74

–1

4.7

+3.9

73

3.0

Valentine

74

0

1.6

+0.8

71

2.8

Rapid City

70

–1

1.2

+0.6

69

2.1

Pierre

74

–2

1.0

+0.5

73

2.0

Huron

72

0

0.4

–0.2

69

2.6

Moorhead

74

+6

T.

–0.6

66

3.1

Devils Lake

70

+2

0.2

–0.5

65

2.8

Bismarck

70

0

2.0

+1.6

67

2.0

Williston

70

0

0.9

+0.5

68

1.3

NOTE.—T indicates amount too small for measurement.

CHART 1.—DEPARTURE OF TEMPERATURE FROM THE NORMAL, WEEK ENDING 8 A. M., AUGUST 1, 1922.

CHART 2.—PRECIPITATION, INCHES, WEEK ENDING 8 A. M., AUGUST 1, 1922.

1. 5–year average.

2. Cars of 500 bus. each in intermediate States and 530 bus. each in early States.

3. California (southern district), Louisiana, and Texas (southern district).

4. Week ending Friday, July 28.

5. Denver not included.

6. The quantities in this column include fish frozen when imported which do not appear in the fourth column.

7. Catfish, flounders, pike perches, and pike or pickerel scup, shellfish, sturgeon or spoonbill cat, and suckers were included with miscellaneous frozen fish prior to July 15, 1922.

8. Ciscoes were combined under one heading prior to Jan. 15, 1922.

9. Steelhead trout were included with salmon (all other) prior to Jan. 15, 1922.

10. Flats.

11. Revised figures, including late reports.

12. Total stocks include all stocks held by manufacturers reporting.

13. Unsold stocks include that portion of total stocks not covered by current sales or future delivery contracts.

14. Prices reported per pound for case goods apply to milk powder packed in 1–lb cans.

15. Includes the highest and lowest prices reported.

16. Includes the highest and lowest “Bulk of Sales” prices reported by different firms.

17. Ky. Cobblers, 100 lbs.

18. Car-lot sales.

19. Kans. Early Ohios, sacked per 100 lbs.

20. Unit basis.

21. Per 100 melons.

22. Mo. Tom Watsons.

23. Tex., per 100 lbs.

24. Ark. Salmon Tints.

25. Ark. Elbertas.

26. Ill. early varieties.

27. Bulk per 100 lbs.

28. Boston, New York, Philadelphia, Baltimore, Portland, Me., and Newport News.

29. New Orleans, Galveston, Texas City, and Port Arthur, Texas.

30. Seattle, Portland, Oreg., Tacoma, Astoria, and San Francisco.

31. Hay quotations represent average of cash sales at these markets.

32. Nominal.

33. 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.

34. 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.

35. On.

36. Total sales.

TRANSCRIBER’S NOTES

1. Silently corrected typographical errors and variations in spelling.

2. Retained anachronistic, non-standard, and uncertain spellings as printed.

3. Footnotes have been re-indexed using numbers and collected together at the end of the last chapter.

*** END OF THE PROJECT GUTENBERG EBOOK WEATHER, CROPS, AND MARKETS. VOL. 2, NO. 6 ***

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Table of Contents

WEATHER CROPS AND MARKETS

EXPORT BUTTER DEMAND CAUSES MUCH INTEREST Sales to United Kingdom Strengthened Early Summer Market—Shift in England’s Supply Sources.

SUPPLY WAS UNIFORM.

IN THIS ISSUE.

COTTON CROP CONDITION 70.8 PER CENT NORMAL Loss Amounts to 0.4 Per Cent During Past Months—Total Output Estimated at 11,449,000 Bales.

Paradox in Forecast Yield of Crop per Acre as Indicated by Condition.

Report on Cabbage, Celery, and Onions in Michigan.

INTERMEDIATE ONION CROP ESTIMATED AT 6,753 CARS Early and Intermediate Crops Forecast at 13,605 Cars—Acreage Increased in Late States.

Live Stock and Meats NEARLY ALL CLASSES OF LIVE STOCK SELL AT LOWER LEVELS Price Ranges on Beef Steers Widen—Heavy Hogs Break Sharply—Sheep Prices Irregular.

SHEEP TRADE ERRATIC.

PRODUCERS IN MARKET.

MODERATE RECEIPTS OF MOST MEATS IN EXCESS OF DEMAND Prices Generally Lower on Beef, Veal, Lamb, and Mutton—Heavy Pork Loins Also Lower.

PRICES UNEVEN AT CLOSE.

Wool Imports at Two Ports.

New Zealand’s Production of Butter and Cheese for Export Increases.

WEEKLY LIVE STOCK REVIEW.

GOOD PIGS IN DEMAND.

New Publications Issued.

Dairy and Poultry BUTTER MARKETS DROP UNDER ACCUMULATIONS OF RECEIPTS Prices Fluctuate During Week—Large Increase in Consumption Over 1921 So Far This Year.

SPECULATIVE INTEREST DEVELOPS.

CHEESE PRICES LOWER UNDER LIGHT CONSUMPTIVE DEMAND Speculative Demand Also Lacking—Prices Down a Full Cent at Wisconsin Primary Markets.

SPECULATIVE DEMAND ABSENT.

CONDENSED AND EVAPORATED MILK MARKETS STILL SLOW Domestic Products Meeting With More Competition From European Goods—Exports Decrease.

LITTLE FOREIGN DEMAND EXPECTED.

GREAT BRITAIN’S BUTTER IMPORTS.

Canada’s Storage Stocks of Butter on July 1 Below last Year.

Fruits and Vegetables SHIPMENTS CONTINUE HEAVY; WHITE POTATO PRICES SLUMP Car-lot Movement So Far This Season about 28,000 Cars Larger than to Same Time in 1921.

APPLE SHIPMENTS DECREASE.

POTATO SHIPMENTS HEAVY.

Special Fruit Trains Bring Berries from Northwest.

Chicago an Important Market for Raspberries and Small Fruits.

Report on Cabbage and Onions in New York.

Growers and Dealers Expect Good Potato Crop in New Jersey.

Grain WHEAT CONTINUED DOWNWARD TREND; CORN FAIRLY STEADY Receipts of Wheat Increased—Heavy Export Sales Continued—Oats Prices Dropped Off.

STRIKE SETTLEMENT A FACTOR.

EXPORTERS ACTIVE AT KANSAS CITY.

CORN PRICES FAIRLY STEADY.

Hay and Feed HAY MARKETS GENERALLY DULL AND LOWER DURING PAST WEEK Local Conditions Were Ruling Factors—Quality of New Hay Shipments Only Fair So Far.

TIMOTHY LOWER IN EAST.

ALFALFA MOVEMENT LIGHT.

MILL FEED MARKETS DISPLAYED WEAK TENDENCY DURING WEEK Heavy Production of Wheat Feeds Cause of Rather Large Accumulations—Alfalfa Meal Firm.

Seeds MOVEMENT OF ORCHARD GRASS SEED SLOWER THAN IN 1921 Thrashing Not Yet Completed in Many Sections—Quality This Year Better than Last

MARKET NOT YET MADE.

MOVEMENT OF KENTUCKY BLUE GRASS SEED BELOW NORMAL Growers in Kentucky Have Pooled Much of Their Seed——Quality Better than Last Year.

WEEKLY FEED TRADE REVIEW.

GLUTEN FEED DEMAND QUIET.

WEEKLY GRAIN MARKET REVIEW.

Cotton PRICES SAG DURING WEEK; SPOT SALES SHOW INCREASE Reports of More Favorable Weather in the Main Cotton States Was Factor in Market.

Stocks of Government Classed Cotton at Future

Premium Staple Cotton.

British Wool Imports for First Half of 1922

Weather RAINS BENEFITED VEGETATION IN MANY INTERIOR DISTRICTS Conditions Mostly Favorable for Cotton—Wheat Too Far Advanced for Much Rust Damage.

THRASHING SOMEWHAT RETARDED.

MOSTLY FAVORABLE FOR COTTON.

RAINS HELP WESTERN RANGES.

Warm in Southwest during Week.

Average August Weather.

Irish Flax Industry Failing.

Mississippi Tomato Shipments.

TRANSCRIBER’S NOTES

THE FULL PROJECT GUTENBERG LICENSE