Page images
PDF
EPUB

Week

of correIsponding

June 21-27,

sponding

21-27,

*597

[ocr errors]

23

383 1, 207

4,204

2,094

1,200

[ocr errors]

293
390

874

2.865

30

58

27.7

55

[ocr errors][ocr errors][merged small][merged small][ocr errors]

Stocker and Feeder Shipments

Peanut Market Shows Increased Activity
Week June 21-27, 1924, with Comparisons

Since the middle of June the peanut market, which for a
Cattle and calves Hogs

Sheep

number of months had been dull and lifeless, has come to life very definitely, and in some sections has assumed even an

excited atmosphere. In few places are stocks of farmers' goods Per cent Per cent

Per cent

sufficient to meet the demand. As with many other crops, Origin and destination | Week of average

of average Week

of average
June
of corre-

the very late, cold spring, accompanied by almost continuous of corre

June 21-27,

sponding rains, proved a serious handicap to the planting of peanuts, and 1924 1 week

week

1924
1924
1920, 1921,

week
1920, 1921,

everywhere planting was several weeks late. Both acreage

1920, 1921,
1922, 1923
1922, 1923

1922, 1923

and yield will be curtailed by the late planting, but just how much is a matter of question.

In Virginia and North Carolina, holdings of the 1923 crop of Market origin: Chicago.. 2, 905 60.6

8, 441 155. 3

farmers' goods have been heavily reduced by large purchases Denver.

4,513 132. 9 293 27.6 3,629 146.3 during the past two weeks, until remaining supplies have been East St. Louis... 2, 003 103.6

42.5

49. 2 so diminished that some cleaners advise they are unable to Fort Worth....

2, 350 52. 4 31 19.6 1, 743 2421 Indianapolis... 080 123.0 365 80.9 543 128.7

cover sales by new purchases. Furthermore, cleaners are acKansas City.

105. O 1, 508 106.8 6, 227 191. 1 cepting smaller stock and poorer quality at prices previously Oklahoma City. 40.0

paid for best goods. The price of farmers' goods has strengthOmaha.

59.3
123.9

48.0 St. Joseph...

96.8
23
9.7 4,252

ened somewhat, and many holders are anticipating still further

346,3 St. Paul. 2, 656 54.9 1,706 119.7

93

62.4 advances. On June 24, at country shipping points, Jumbo Sioux City.. 54. 2

2.0 Wichita..

farmers' stock was selling at 6-676, Bunch at 52-6¢, and shell218. 2 132 185.9 939

ing stock at mostly 5%¢ per lb.
Total..
33, 496 82.9 4,318 80.1 30,082 129.2

VIRGINIA AND CAROLINA STOCKS LIMITED
State destination:
Colorado...
1,038 86.2

187.8 3, 629 195. 1 Illinois.

4, 806
04.1

66.3 2, 218 95.3 An increasingly good demand has been reported in Virginia Indiana. 2, 101 110.6

169.4 1, 541 122. 2 and North Carolina for all grades of shelled and cleaned VirIowa...--4, 984 71.9 1,041 75.4 1,274 18. 3

ginias except No. 2 shelled. Prices on most grades have reKansas... 862 129.0

427.0 Kentucky.

10.2

230 20.5 cently strengthened. Supplies are limited and cleaners genMaryland..

128. 9 168

240 Michigan.

erally are confident that present prices can be maintained or 398 63. 2 263 134.2

273.8

5,900 Minnesota. 742 57.9 170

advanced. Spanish No. 1 shelled, which had been in light

35.8 Missouri...

2, 887 77.7 289 50. 4 6, 104 214.0 demand in Virginia and North Carolina due to lower comparaNebraska.

5,161 103. 7

453
158.9 4, 190 211.8

tive prices in the Southeast, have strengthened, and prices have New Jersey.

45

214

198. 1 New York

become firmer on this grade. On June 24, Virginia jumbos 45 North Carolina. 346

were quoted at 84-9¢, fancys at 71-74¢, shelled Virginias, extra North Dakota.. 250.0

large 101-11¢, No. 1, 93-10¢, and Virginia Spanish No. 1, 11Ohio..

1,004 65.4 Oklahoma..

497
28.0

12¢ per lb.
Pennsylvania.
277 36.9

Stocks of farmers' goods in the Southeast, outside the hands South Dakota. 3, 139 104.7

of shellers, have become practically exhausted except for goods Texas..

1, 349
55.0

131. 5

1,615 392.0 Virginia.. 92 164.3

held by the cooperative association in Georgia. Very little West Virginia. 152.2

farmers' stock has moved for several weeks. Recently a few Wisconsin.. 545 55.8

****17.5

cars of farmers' stock Spanish, left over from planting, have Total.. 33, 496 82. 9 4,318 80.1 | 30, 682 129.2

moved at $125 per ton delivered for U. S. No. 1 grade, and a

short time before a few cars were reported sold at $130 per ton Season Comparisons of Stocker and Feeder Shipments

f. o. b. shipping point. The new crop, which is three weeks late,
is looking well, except that some fields are becoming grassy as

the result of so much rain.
Cattle and
calves
Hogs Sheep

SOUTHEASTERN SPANISH PRICES INCREASE

For some months shelled Spanish in the Southeast were in July 1, 1923, to June 27, 1924... -------- 3, 819, 976 577, 764 3, 438, 626

very light demand and the price steadily dropped. Recently Same period one year ago..

4, 108, 990 595, 852 2,972, 301 Same period two years ago...

3, 214, 079 376, 908 2, 441, 210

the market has shown new life and the demand for carlots has Same period three years ago.

2,776, 446 390, 090 2, 643, 750 continued to improve until it could be called very active on Current period as per cent of average of three

June 24. At the same time a number of shelling plants have previous periods.------

113.5 127.2 128.0

worked up all their farmers' goods and have closed their plants

until the new crop comes on. A few weeks ago a number of Beef Steers Sold Qut of First Hands for Slaughter at Chicago cars of No. 1 Spanish sold f. o. b. the Southeast as low as 1016 Week June 23-28, 1924, with Comparisons

per lb. and some cars are said to have moved even lower.

On June 24, however, practically no shippers were quoting
Number of head
Per cent of total Average weight| Average price per

under 11€ per lb., and some were asking 11/¢ for No. 1, while by grades (pounds) 100 pounds No. 2 were generally quoted at 8-81€ per lb. No. 1 Runner's

have advanced slightly, and on the same date were quoted at 8-8¢, few 81€ per lb.

Oriental peanuts recently have been arriving in large volume Grade

on the Pacific coast. During the first three weeks of June more than 3,500,000 pounds arrived at the port of San Francisco alone, while large amounts came in at Seattle and Los Angeles, and 1,000,000 pounds were reported as being on board ships bound for Atlantic coast ports. During May over 16,000,000

pounds of peanuts are reported to have arrived at all ports of Choice and

the country, making a total since the first of November of more prime. 1,924 3,484 6,965 8.0 12.4 19.1 1,327 1, 262 1, 212 $10.25 $10.44 $10.75 than 37,000,000 pounds, which is slightly heavier than total Good.-- 8, 238 9, 19711, 368' 34.3 32.7 36. 31, 132 1, 119 1,041 9.35 9. 69 9. 92 Medium. 12, 614 14,498 12, 307 52. 6 51.6 39.4 968 959 880 8.36 8. 66! 8.84

imports during the same period the preceding season. Common..1,223 920 1,640' 5.1 3.3 5.2 845 803 833 6.83 6.95 7.29 Chicago is the largest consumer of imported peanuts in this

country. In one month recently nearly 150 cars of Oriental Total... - 23,999 28, 09931, 280 100.0 100.0 100.0 1, 047 1,044 1,000 8.86 9.25 9.62

peanuts were received at Chicago. West of the Rocky

Mountains, Oriental peanuts are used very generally in place Eight hundred five herds of cattle, hogs and sheep in 16 of domestic Virginias. counties in California were slaughtered on account of the foot While imports have increased, exports have decreased. and mouth disease up to June 24, according to official reports, During May less than 300,000 pounds of peanuts went out of

The total number of animals slaughtered amounted to 96,804 the country, and during the period from November, 1923, head, consisting of 50,034 cattle, 24,978 sheep, 20,985 hogs, through May, 1924, less than 2,400,000 pounds of peanuts left and 807 goats.

| the United States. 107733°—241- 2

[blocks in formation]

Fruits and Vegetables

with 70€–75¢ on the pink tomatoes. Fair quality green stock was bringing 90é at the close of the season in Mississippi, an advance of 30¢ over the previous week. With supplies sharply curtailed, the New York City jobbing price on Mississippi turning wrapped fours nearly doubled. Closing general range

was 75€-$1.25. In Chicago Texas stock strengthened slightly Watermelons a July Leader

to $1. South Carolina fancy count six-basket crates topped the New York market at $3-$3.50, with best Floridas around

$2. A 40% decrease in total shipments for the week was Sharp gains in shipments of watermelons, new potatoes, caused by the sudden falling off of movement from Mississippi cantaloupes, and pears during the week, June 23-28, saved the

and Florida. Texas' output increased to 355 cars. Missiscar-lot movement of 22 leading fruits and vegetables from

sippi: has passed its high total of the 1922 season by already showing a net loss. Heavy decreases were reported in ship shipping 3,500 carloads of tomatoes. ments of tomatoes, strawberries, peaches, lettuce, and citrus fruits. The week's combined movement increased 1,500 cars

POTATO MARKETS STRONGER to a total of 18,500. As a result of lighter arrivals, potatoes,

An increase of about 1.700 cars brought the week's new peaches, and tomatoes advanced considerably in price. Canta

potato shipments to 5,000 cars, with Virginia the leading loupe markets slumped in the East and watermelons in the source of supply and North Carolina second. Practically Middle West, but melons sold firm to higher in eastern cities.

all of the few South Carolina Cobblers selling in terminal Watermelons.--July 4 and warmer weather probably helped

markets were of inferior quality and the price went as low as to stimulate watermelon shipments during the past week,

$2.50 per cloth-top barrel in New York. North Carolina although opening of the active season in Georgia also increased

stock, however, ranged generally $+$4.50, an advance from the volume of movement. At the middle of the week, daily

the previous week. Virginia Cobblers were the leading line, shipments averaged more than 700 cars. Total output for the

bringing mostly $3.50-$5, with top of $5.25 in New York, seven days exceeded 3,500 cars, or nearly three times the pre

Southern Bliss Triumphs in 100-pound sacks sold mostly vious week's shipments. About half the total was from Florida,

around $2.65-$3 in Chicago. A few old potatoes continued one-fourth from Georgia, and 300 to 400 cars each from Texas

on the market. Maine Green Mountains were only slightly and California. Scattering shipments started from Mississippi

weaker in Boston at $1.75-$2, and some northern round · and South Carolina.

whites brought $1.15-$1.35 in the Middlewest. Shipping

point prices of new stock tended upward, barrels of Irish GEORGIA SEASON LATE

Cobblers ranging $3-$3.35 in North Carolina and $3.50-$3.75

on the Eastern Shore of Virginia. Florida's movement to date has almost caught up with last

Peach receipts in principal markets fell off considerably, season's, but Georgia is still far behind. Compared with the

especially in New York, where fancy Uneedas of medium to week's total of 3,500 cars, the corresponding period last year large size brought $4.50-$5 per six-basket carrier. Early saw only 2,800 cars shipped because of the smaller southeastern

Rose brought the same price there, but in other markets the crop, but in 1922 the output was 3,900 cars.

range for both varieties was lower. A lull in shipments occurJuly always is the big watermelon month. Last season,

ring about June 25 tended to stimulate prices. A few North June shipments filled about 6,100 cars, July's 15,400, and

Carolina Greensboros of only fair color sold in Baltimore at August's about 8,600. The respective totals for these three

$2.50-$3. At f. o. b. points in North Carolina, Early Rose months in 1922 were 15,000 cars, 17,800 cars, and 9,000 cars.

brought $2.50 and Greensboro $1.50, while at Macon, Ga., Unload reports for a dozen important markets indicate that,

Carmans were mostly $1.75. Shipments from Georgia were during July, 1923, one melon was received for every four or

less than half, and the week's total from all States dropped to five persons in these cities. Eastern markets receive relatively

260 cars. more melons prior to July than do the mid-western cities, but

MISCELLANEOUS PRODUCTS after July the reverse is true because of the shifting of sources to the central producing areas.

Maryland furnished 135 of the 375 cars of cabbage moving Demand was quite active and supplies limited in New York

during the week. Pointed-type from that State brought $1.75City toward the end of June, so that wholesale prices advanced

$1.90 per barrel crate in Pittsburgh. From more than 1,000 about $100-$200 per carload from the week's low point to a | cars of strawberries shipped the preceding week, the movement top of $800. Chicago, on the other hand, declined even more decreased to 340 cars, with Delaware's season over. noticeably, with trading slow. From $875 per car on Monday, Florida 30-pound average melons dropped to $550 by Saturday, aad smaller sizes sold at less than $400. Similar depres

Carload Shipments of Fruits and Vegetables sion characterized the f. o. b. market at Ocala, Fla., where

Week of June 22-28 and Season to June 28, with Comparisons haulings were very heavy. Average price in that section was $200 per car, compared with $400 a year ago. The Sandia district of Texas reported 22-28-pound Tom Watsons at $250

Total Total

June June June this last Total: $450 a carload.

Product

22-28, 15-21, 1 24-30, season season last 1924 1924 1923

to

season CANTALOUPE PRICES TUMBLE

June 29 June 30

to

[ocr errors]
[merged small][ocr errors]
[ocr errors]

128

25

[ocr errors]
[merged small][merged small][ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[merged small][ocr errors][merged small][merged small]

3,677

[ocr errors]

1

702 307

[ocr errors]
[ocr errors]

(2)

[ocr errors][ocr errors][ocr errors]

Apples:

Old crop..

New crop.
Asparagus....
Cabbage..en
Cantaloupes...
Cherries.
Citrus fruits, mixed...
Cucumbers.
Deciduous fruits, mixed.
Grapefruit
Lemons ..
Lettuce...
Onions..
Oranges...
Peaches..
Pears (Calif. N D .
Plums and prunes...
Potatoes:

1923 crop...

1924 crop.
Strawberries...
String beans....
Tomatoes.
Vegetables, mixed..--
Watermelons......

[ocr errors]

Cantaloupes struck lowest level of the season in Imperial Valley, with standard crates selling at 80€-$1 cash track. This sharp decline followed an advance earlier in the week, when the range was $1.50-$1.75, and left the f. o. b. market in the same demoralized condition it experienced just two years ago. In late June, 1923, prices were twice as high. Extremely hot weather was affecting condition of some of the fields, and shipments reached a peak of 3,300 cars for the week, compared with 2,500 during the same period last season. Total movement from Imperial Valley has now exceeded the 1923 record to this time. Georgia sent 82 cars to market, and a few were reported from Florida. The liberal receipts in eastern consuming centers caused California Salmon Tints to decline to a range of $2.25-$2.75 per standard crate, with Baltimore quoting best stock at $3.25. Supply and demand were better balanced in the Middle West, and the general price was $2.50-$3. Atlanta dealers got $2 for standard crates of Georgia Salmon Tints, but flat crates of Pink Meats brought only 50¢-75é in wholesale lots.

Tomatoes.- Pink unwrapped tomatoes and green wrapped stock changed places in the Jacksonville district of Texas. Until recently the pink stock brought a good premium, but latest f. o. b. quotations on four-basket crates of U. S. grade No. 1 green wrapped tomatoes were $1.10-$1.25, compared

887

273

129
529 421
177 270
153 204

1.354
262 619
155
205 266

113 313
5, 038 3, 297

342 1, 162

299
1, 2142, CO2

467
3,527
18,505 16, 979

11 138, 579 112, 282 119 1 153 i 150 )

962 | 16, 551 | 12, 740 7, 236 2. 0923 12,369 11,109 5, 877 1, 302

2. 481 3,714 4,232

5,677 1,183 2,383

9, 063 19, 733

7, 634 9, 451 (2)

8, 194 21, 701 18, 859 7, 713 4,946 4, 276

29, 437 166, 457

67, 952 1,776 2,385 33, 512 159 1087. 148

6,790 457 240, 152 253, 686 254, 168 110 25,637 121, 274 1240, 152 297 | 17, 596 | 17,507 17,889 13, 208 ()

3, 316 943 13, 742 13, 457 24, 116 322 15, 009 11.983 23, 802

8365,7146,894 33, 010 14, 319 624, 955 467, 669 | 751, 750

Total...-----

1 Not included in totals.

? Unavailable.

[blocks in formation]
[blocks in formation]

New York.
Boston..
Philadelphia..
Baltimore..
Pittsburgh.
Cincinnati.
Chicago ---
St. Louis..
Kansas Cit

495 637 706 11,426 12, 093 $4.00-4.50 $2.75-3.25 $4.50-5.00 158 150236 7,144 5,328 4.50

4.00 5. 50-5. 75 253 187 234 4,574 4,324 3.50-4.00 3.50-3. 60 4.50-5.00 107 72 115 1,344 962 3 .502.75-3.00

4. 50 251 1311 187) 3, 660 3.866 4.00-4.25 4.00 4. 25 15.75-6.00

89 40 98 2, 023 1,945 4.00-4.25 2.75-2.85 5.75-6.00 293 258 304 9, 197/10, 838 4.50 4.85 3.75-4.00 35.25-5. 50 204 88 155 2,429 2,64812 2.75-3.00! ? 2. 25-2. 50| ? 2.75-3.00 224 135 215 5, 2605, 308 ? 2.75 :2. 15-2. 35 2 3 2.15-2.25

Potatoes:
Irish Cob- | Elizabeth City, Cloth-top bar- $3.00-3.35 $3. 15-3. 25

4. 15
blers.
N. C.

rels.
Do... Mount Olive, ----do------- 3. 15-3.25 2. 50-2.90 ........

N.C.
Do..--

Onley, Va..-- .--.do ....... 3.50-3.75 3.50 5.00-5. 25
Cantaloupes:
Salmon El Centro and Standards 45's. .80-1.00 1.40-1. 65 1.85-2.00
Tints. Brawley,

Calif. Watermelons:

Tom Wat: Ocala, Fla..-.- Bulk per car 125-275.00 250-525.00 200-450.00 sons.

(22-30 lb.ave.). Peaches: Carmans... Macon, Ga... 6-basket car

1. 75 11. 50

1. 50 riers and bushel bas

kets. Tomatoes:

Pink and Jacksonville, 4-basket car- | .70-1.25 | .60- .80 1. 25-1. 50 Green. Тех.

riers. Green. Crystal Springs, --...do

.90 .55-.60 1.50-1. 60 Miss.

CANT ALOUPES (Prices quoted on California Salmon Tints, standards 45's)

1 Early Rose.

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small]

Honey Outlook Unusually Variable : A survey of the beekeeping situation over the country shows how variable weather conditions are in different parts of the United States-and, of course, the honey crop is dependent upon favorable weather. In California and parts of the Mountain States, and throughout several of the Southeastern States, beekeepers report a lack of rainfall and a consequently curtailed honey flow. On the other hand, throughout practically the entire Clover belt there has been so much rain that bees have been unable to work on clover and other available honey plants.

California beekeepers say that they are experiencing the worst drought in a great many years. Bees are barely making a living now, and a heavy loss in bees is anticipated during the summer and fall if the present extremely dry spell continues, as it is preventing the securing of sufficient pollen, which no amount of feeding of sugar can replace. It is generally agreed that there will be no Sage honey surplus in California this year. Orange honey has sold recently in ton lots at 12-121€ per pound, few 15€ per pound, and White Orange comb at $6.00 per 24-section case.

In the northern part of California, star thistle is blooming but is not producing much nectar, and the protracted drought is causing many young plants to die. Even one-third of a crop of Thistle honey is doubtful. One carlot of 1923 crop White Sweet Clover and White Thistle sold recently for July delivery at 93€ per pound.

The best crop in years is reported along the Oregon coast, mostly from Hungarian vetch and clover, but the flow is about over. First bloom Alfalfa has yielded unusually well in Washington; but in eastern Oregon, southwestern İdaho, and parts of Utah continued dry weather and high winds, coupled with the activity of the alfalfa weevil, is drying up plant life, and there has been practically no honey yield. In the other Mountain States the cold weather during June retarded brood rearing and hindered bees from working, so that little surplus was stored from first crop alfalfa and yellow sweet clover. Lack of sufficient feeding caused a very high loss in bees. Prospects look good in Montana and Colorado for a better crop than last season's, although some sections need rain badly. Twenty-five carlots of bees shipped from Utah and Idaho to California for the winter could not be shipped back due to the hoof-and-mouth quarantine against California products. One carlot of White Sweet Clover was sold recently in Utah at 9€ per pound.

Following last season's disastrous honey year, beekeepers in south Texas are much pleased over the good honey flow which they are experiencing this season. The honey yield will be moderate in the cotton belt of Texas. Horsemint has yielded well in Texas and is now about over. Mesquite has begun blooming again and bees are now working on it. Prices show a wide range. In small pails, Light Amber extracted has sold at 10-12¢ per pound, with some beekeepers getting up to 20€ per pound. Bulk comb White Clover has sold in ton lots at 16-18¢ per pound. Package shipments of bees from Texas and other southern States are about over for the season.

[blocks in formation]

4837 $565-800.00 $575-850.00 $400-850.00 1 21] 8.30 .75 8.40- .60 8.60- 1.00 184 375-425.

500.00 98 8.50- 90 600.00 167 8.40- .85 8.50 1.00 550.00

67 8. 35- .80 5.50- 90 950- 90.00 400 375-550. 00.

475-800.00 971

10 2. 50103.00- 3.25 120 113.00 . 10 4.00 113.00- 4.00

36

44 172 1928 7 95

76

1 Eastern Shore of Virginia Irish Cobblers. 2 Alabama, Louisiana, and Arkansas Bliss Triumphs, 100 pounds sacked. 3 Carlot sales. 4 Georgia Carmans. 5 Total arrivals for 1923 season incomplete. 6 Texas fours, pink. 7 Auction sales, bulk per car. 8 Unit basis.

Bulk per 100 melons. 10 Bulk per 100 pounds. 11 Texas Tom Watsons, bulk per 100 pounds.

Extremely heavy shipments of cabbage were made from Texas this season, practically all from the Rio Grande Valley. The total is almost 7,200 carloads, compared with 1,350 last season and about 4,000 cars in 1922.

Asparagus shipments to the end of June had filled about 1,000 cars, whereas last season only 785 carloads came from half a dozen States.

Imperial Valley Cantaloupes

Georgia has one of the largest crops on record and has to as low as $1.05 on June 14. A general range of $1.10-$1.20 already disposed of much of the surplus. Florida also reports was maintained during the week June 13-20. On June 21, a bumper crop, but in Louisiana and Mississippi the flow has prices began to advance, and were mostly around $1.75 by the been cut short as a result of the long dry spell.

23d. A few days later, bottom of the market was reached at Ample rains have insured a good White Clover crop in the 80€-$1. Prices this season on jumbo crates have ranged Plains Area if enough warm, dry weather comes to enable the generally 25€ higher than standards, while ponys brought bees to work on it. Up to the first of July, however, bees 356-50¢ less. Flat crates usually are sold on a basis of 40% could not store much nectar, due to so much rain and windy of the standard crate prices. weather. In parts of Illinois many honey-producing weeds are Cool weather in terminal markets during the first few weeks said to have been drowned out by the rain. Swarming in the of the season kept prices at low levels. Practically everyone in Plains section has been excessive. Many tons of sugar were the deal lost money on stock arriving during this period. Just fed throughout this section and the entire clover belt this spring as the heaviest shipments of the season began to arrive, the to keep the bees alive. Even as far south as Ohio, bees re weather became warmer in the East and prices both there and quired feeding up to the middle of June. In Wisconsin hardly at shipping points started to recover. Late in June buyers were one-third of the apiaries are said to be in shape to gather the somewhat skeptical, while shippers felt that the deal would clover crop, due to lack of stores and cold weather. Even after close on a fairly profitable basis. Prices in most markets during clover started blooming, cloudy and rainy weather kept bees the latter part of May were $6-$10 on standard crates, but defrom working on it very much. It is hoped that July weather clined with the heavier arrivals and, during the third week of will be more favorable to nectar gathering.

June, ranged $2.25-$3.25, mostly $2.50-$3. Many bees in New York State also are extremely light in F. 0. b. auction prices have been watched closely by shippers. numbers and have not built up sufficiently to take full ad As these sales were early in the day, many refused to sell to vantage of the clover flow which started late in June. Penn- cash truck buyers until they had first learned the auction sylvania expects a good flow from basswood, and it may yield prices. F. o. b. selling has been more general this year than in also in New York State. Much American foulbrood is reported any previous season, but it is probable that not more than onein the northeastern States. A few sales of White Clover | fourth of the shipments have been disposed of in this manner. extracted, in 60-pound cans and in ton lots, were reported at As in past seasons, most of the cars were rolled to dealers' repre11€ per pound.

sentatives in the terminal markets, consigned, or rolled jointaccount with terminal market agencies who had advanced funds to growers through various distributors.

Records kept in the El Centro office of the Bureau of AgriThe 1924 Imperial Valley cantaloupe season started earlier cultural Economics show that this year's crop has been given than normal, when three express cars were shipped on May a wide distribution. Carlots have been sent to about 350 cities 19. The first few days' shipments, however, were largely

| in the United States and Canada. The large volume moving of a new melon which has been developed recently and is into smaller cities and towns of the Middle West and East unknown as the “HB” cantaloupe. Salmon Tints started to doubtedly helped to maintain prices as well as they were in the move in volume about four or five days later.

leading terminal markets. A large amount of stock is reported Some complaints were made early in the deal of stock arriv going to cities along the Pacific coast, which also has had a ing on the markets in a green condition. This is difficult to | stabilizing effect. regulate, especially when weather in the East is cool and stock does not ripen or mellow on arrival. The same melons would

North Carolina Dewberries Important be considered in excellent condition, if the weather were warm. Shipments from the Imperial Valley may be destined to points Up to June 27, North Carolina had shipped 285 carloads five to twelve days distant, and are expected to arrive at any

of dewberries, and a few cars had been reported from South one of those points in just the right condition of maturity.

| Carolina. The North Carolina Division of Markets made an Forwarding of cars, therefore, must necessarily be regulated very

estimate of the acreage and the expected number of cars to closely. According to advices from the El Centro represen

be shipped from the principal producing district this season, tative of the Federal Market News Service, the county horti

and these figures are shown in the following table: cultural commissioner has a corps of experienced men, watching the packing and loading and, if in their opinion the stock does not meet maturity requirements, it must be repacked or

County and station Acres Cars County and station Acres Cars is condemned.

Of the estimated 30,000 acres in the valley this year, approximately 18,000 acres were covered with paper to protect the 1 Moore County:

Lee County:

Sanford. young plants from frost when they emerged from the soil.

Vass......

Lemon Springs.. These plantings were one to two weeks earlier in maturing Southern Pines

Scotland County: than the uncovered acreage. Bulk of the crop from the Lakeview

Laurinburg .....

Richmond County: covered acreage had been shipped by the end of June, while

Hamlet........

Total.-.-.-.-.-. 1, 135 movement from the later, uncovered plantings in the south Hoffman.. end of the valley was nearing peak. Although the acreage there was less, yield was generally greater. Yields in the valley as a whole were lighter than anticipated, and ship

These four counties adjoin each other in the south-central ments never reached the high point expected at the opening

part of the State. There are smaller acreages of dewberries of the season. Many faetors anticipated a peak day of 600-700

| in other near-by counties and a small but increasing acreage cars, or even more, sometime during the movement. Cool

near the coast, around Wilmington, N. C. weather, however, kept the stock ripening gradually and there was no sharp increase, with a sudden drop afterward. Instead, the crop moved in a steady, even volume. Ship

High Potato Prices in United Kingdom ments maintained a considerable lead over all previous seasons The “London Corn Circular” of May 5, 1924, calls attenand on June 30 totaled 12,855 cars as against 10,720 and 8,664 tion to the rapid rise in potato values in the United Kingdom. cars, respectively, in 1923 and 1922.

Prices of home-grown varieties have increased 300% to 900% Shipments were expected to continue in fair volume until

over last year. Supplies were very scarce, and even the small July 10 or 15, but probably will fall off more rapidly than last

German and Polish varieties were selling at 210 shillings, or season. Weather conditions, however, will control this situ

roughly $48, per ton. The following table shows the rise in ation. Estimates of the final movement vary considerably, but

price of three important varieties: it seems probable that a total of 13,000 to 14,000 cars will be marketed, compared with 12,997 last year. First peak of the season came on June 12, when 535 cars were

Scotch White Black

Equiva

lent in reported out. Last year's first peak of 294 cars came on June 2,

Month and year
Edwards skinned land

dollars but the big peak of 556 cars occurred on the 20th. Two years ago the peak was two weeks later than this year, amounting to 662 cars on June 27. Peak of the season has fallen on June 12

Shillings Shillings Shillings
per ton

per ton during three of the last ten years, and three times on June 23.

May, 1923.

70- 75 45- 50

30 $7-$17 Shipping-point prices, cash track, for loaded cars declined

300-310 290-300 290-300 63- 68 from around $3.50 on May 26 for standard crates of 45 melons /

| May, 1924....

Cameron...

Dairy and Poultry

Butter Markets Nervous and Unsettled

Naturally at this time of year the storage situation holds a
large part of the attention of the trade. Particularly so in a
year like this one, when there is a large surplus left over from
the previous storing season, when production, in spite of a
very backward season in producing sections, has been some-
what heavier than last year and when prices have been forced
to levels thought impossible a few months ago. Whether the
backward season, which merged abruptly in a spell of hot
weather, has slowed up production sufficiently to bring it
below last year's level is questionable. Dealers and others
in Wisconsin sections point out that unless a long dry spell
occurs in July, production in that State bids fair to exceed
that of the heaviest years on record.

[blocks in formation]

The butter markets throughout the entire week, June 23-28

were marked by quiet trading and a nervous unsettled under-

tone. The entire situation during the week appeared to hinge

on the New York market, where short interests on the Clearing

House Call in an effort to obtain butter for delivery before the

close of the month bid quite freely on the finer marks. Toward

the close of the week, however, open trades were rapidly re-

duced and the markets all closed in fairly steady position.

The range of prices between Chicago and Eastern markets

was from 2 to 3¢ throughout the week. The higher Eastern

markets undoubtedly attracted shipments from many factories

which ordinarily ship to Chicago, thus resulting in lighter

receipts at Chicago. Such a wide range of prices as existed,

would under ordinary conditions induce greater intermarket

shipments, but on the contrary, shipments from Chicago

during the week were light, indicating that dealers on Eastern

markets placed but little confidence in the situation.

Light intermarket shipments may have explained to some

extent the lighter receipts during the week as compared with

the previous week. It is quite possible, however, that pro-

duction has reached the peak and is now on the downward

trend. Production reports for the week ending June 21 were

rather conflicting, the American Association of Creamery

Butter Manufacturers with 108 plants reporting, showing a

decrease of 1.5% compared with corresponding week last

year and an increase of .32% over the previous week this year.

The Minnesota Cooperative Creameries Association reported

an increase of 4.25% over the previous week. Warm weather

in the producing sections had its effect on the quality of butter

arriving on all markets. Many complaints were registered,

principally on account of sour, old cream flavors, and many

of the ordinarily fine marks would not grade up to the usual

standard.

Lighter current demand during the week under review coupled

with declining prices induced continued storing. The net

into storage movement on the four markets for the month of

June, 1927, will run close to 28,000,000 lbs. as compared with

approximately 29,000,000 lbs. last year.

* Arrivals of foreign butter at New York during the week

were 120 casks of Holland unsalted. Approximately 2,800

casks of Danish unsalted are due about July 3. With domestic

markets at their present level and Danish quotations 36–364¢

c. j. f. for salt butter, possibilities of further imports at this

time are slight.

[merged small][ocr errors][merged small]
[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

Cheese Markets Firm Under Fairly Active Trading

At Wisconsin cheese centers during the week June 23–28 a

firm market prevailed as a result of fair demand from both

consuming and storing interests. The meetings of the Wis-

consin Cheese Exchange and the Farmers Call Board at the

close of the previous week, resulting as they did in practically

unchanged markets, undoubtedly had a great deal of influence

upon the continuing, if not bettering, of trading conditions.

It is often the case that when a market is unchanged or shows

only fractional readjustments it induces the maintenance, if

not the intensifying, of a firm market, while an advance slows

up trading, saps confidence, and in general has unsatisfactory

results. To a certain extent this condition seemed to have

been present during the week under review, for with prac-

tically unchanged prices on the two boards, trade appeared

to increase somewhat, asking prices were kept at a cent to a

cent and a quarter over board levels, and the week closed

with a fairly firm trend.

Firmness and fair trading featured the Eastern markets.

Dealers were universally confident regarding the desirability

as property of cheese at the current levels, and even when

demand was for a time rather slack, were content to hold goods

or to send any surplus to storage rather than to accept offers

where slight concessions would have been necessary. The

Chicago market, however, as had been the case for several

weeks, lack the snap, confidence, and even a moderate amount

of activity. Trade was short of expectations and dealers were

free sellers, although because of high replacement costs it was

necessary to hold firmly to asking prices.

[blocks in formation]
« PreviousContinue »