Part 2

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. ────────────┼────┬─────┼────┬─────┼────┬─────┼────┬─────┼────┬───── │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 E. St. Louis│ 200│10.70│ 198│10.71│ 218│10.36│ 203│ 9.96│ 205│10.03 Kansas City │ 212│10.24│ 217│ 9.96│ 217│ 9.76│ 219│ 9.49│ 200│ 9.55 Omaha │ 261│ 9.06│ 273│ 8.81│ 280│ 8.46│ 273│ 8.20│ 273│ 8.32 St. Joseph │ 233│ 9.71│ 233│ 9.75│ 233│ 9.50│ 246│ 9.16│ 250│ 9.04 S. St. Paul │ 277│ 8.45│ 282│ 8.62│ 281│ 8.30│ 269│ 8.10│ 279│ 8.14 ────────────┴────┴─────┴────┴─────┴────┴─────┴────┴─────┴────┴─────

────────────┬──────────┬──────────┬──────────┬─────────── Market. │ Sat. │ This wk. │ Last wk. │1 yr. ago. ────────────┼────┬─────┼────┬─────┼────┬─────┼────┬────── │Wt. │Cost.│Wt. │Cost.│Wt. │Cost.│Wt. │Cost. ────────────┼────┼─────┼────┼─────┼────┼─────┼────┼────── Chicago │ 277│$9.24│ 263│$9.44│ 261│$9.53│ 252│$10.35 E. St. Louis│ 199│10.22│ 202│10.33│ 199│10.66│ 201│ 11.33 Kansas City │ 216│ 9.36│ 217│ 9.85│ 217│ 9.95│ 228│ 10.47 Omaha │ 281│ 8.43│ 274│ 8.54│ 265│ 9.00│ 265│ 9.54 St. Joseph │ 234│ 9.32│ 238│ 9.45│ 238│ 9.67│ │ S. St. Paul │ 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. ───────────────┼─────────┬──────────┬────────── │ │ │ Local │Receipts.│Shipments.│slaughter. ───────────────┼─────────┼──────────┼────────── Chicago │ 61,949│ 14,367│ 47,582 Denver[4] │ 6,041│ 4,923│ 1,937 East St. Louis │ 26,146│ 13,103│ 14,721 Fort Worth[4] │ 21,089│ 7,681│ 10,727 Indianapolis[4]│ 8,341│ 4,727│ 4,194 Kansas City │ 58,679│ 26,973│ 29,574 Oklahoma City │ 10,258│ 5,108│ 4,902 Omaha │ 25,524│ 10,795│ 14,060 St. Joseph[4] │ 8,388│ 2,344│ 5,548 St. Paul[4] │ 35,933│ 19,472│ 15,369 Sioux City │ 12,746│ 7,336│ 4,314 Wichita[4] │ 7,415│ 3,739│ 2,614 ───────────────┼─────────┼──────────┼────────── Total │ 282,509│ 120,568│ 155,542 Previous week │ 298,028│ 106,244│ 182,957 ───────────────┴─────────┴──────────┴──────────

───────────────┬─────────────────────────────── Markets. │ Hogs. ───────────────┼─────────┬──────────┬────────── │ │ │ Local │Receipts.│Shipments.│slaughter. ───────────────┼─────────┼──────────┼────────── Chicago │ 141,033│ 30,301│ 110,732 Denver[4] │ 6,151│ 60│ 5,885 East St. Louis │ 54,947│ 25,404│ 25,941 Fort Worth[4] │ 5,472│ 746│ 3,926 Indianapolis[4]│ 44,242│ 15,360│ 28,561 Kansas City │ 39,383│ 10,627│ 27,387 Oklahoma City │ 7,835│ 695│ 8,028 Omaha │ 72,894│ 18,668│ 54,144 St. Joseph[4] │ 40,712│ 6,822│ 31,942 St. Paul[4] │ 30,560│ 3,616│ 24,224 Sioux City │ 45,910│ 17,483│ 27,478 Wichita[4] │ 9,915│ 136│ 9,271 ───────────────┼─────────┼──────────┼────────── Total │ 499,054│ 129,918│ 357,519 Previous week │ 443,027│ 112,557│ 330,482 ───────────────┴─────────┴──────────┴──────────

───────────────┬─────────────────────────────── Markets. │ Sheep. ───────────────┼─────────┬──────────┬────────── │ │ │ Local │Receipts.│Shipments.│slaughter. ───────────────┼─────────┼──────────┼────────── Chicago │ 69,291│ 19,002│ 50,289 Denver[4] │ 10,743│ 1,958│ 1,698 East St. Louis │ 21,991│ 4,597│ 13,814 Fort Worth[4] │ 5,055│ 3,871│ 997 Indianapolis[4]│ 4,400│ 1,693│ 2,202 Kansas City │ 17,871│ 4,067│ 12,453 Oklahoma City │ 407│ 80│ 295 Omaha │ 57,645│ 26,612│ 27,353 St. Joseph[4] │ 9,264│ 2,908│ 6,396 St. Paul[4] │ 5,982│ 883│ 5,048 Sioux City │ 1,060│ 333│ 544 Wichita[4] │ 544│ │ 373 ───────────────┼─────────┼──────────┼────────── Total │ 204,253│ 66,004│ 121,462 Previous week │ 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.]

─────────────────────────────────┬────────────┬────────────┬─────────── │ │ East St. │ Kansas │ Chicago.│ Louis. │ City. ─────────────────────────────────┼────────────┼────────────┼─────────── 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 Good │ 9.10‒10.00│ 9.25‒10.00│ 8.90‒ 9.85 Medium │ 8.15‒ 9.10│ 7.50‒ 9.25│ 7.60‒ 8.90 Common │ 6.65‒ 8.15│ 5.50‒ 7.50│ 6.40‒ 7.60 Light weight (1,100 lbs. │ │ │ down)— │ │ │ Choice and prime │ 9.85‒10.65│ 9.75‒10.50│ 9.65‒10.25 Good │ 9.00‒ 9.85│ 9.00‒ 9.75│ 8.65‒ 9.65 Medium │ 8.00‒ 9.00│ 7.50‒ 9.00│ 7.25‒ 8.65 Common │ 6.50‒ 8.00│ 4.75‒ 7.50│ 5.50‒ 7.25 Butcher cattle: │ │ │ Heifers, common-choice │ 5.15‒ 9.00│ 6.00‒10.00│ 4.75‒ 8.85 Cows, common-choice │ 4.10‒ 8.15│ 4.00‒ 6.25│ 3.85‒ 6.75 Bulls, bologna and beef │ 4.00‒ 6.50│ 3.75‒ 6.25│ 3.50‒ 5.50 Canners and cutters: │ │ │ Cows and heifers │ 2.85‒ 4.10│ 2.50‒ 4.00│ 2.35‒ 3.85 Canner steers │ 3.50‒ 5.25│ 3.25‒ 4.00│ 3.00‒ 4.25 Veal calves: │ │ │ Light and med. wt., │ │ │ med.-choice │ 9.00‒10.50│ 6.50‒10.00│ 6.25‒ 9.25 Heavy weight, common-choice │ 4.00‒ 8.00│ 3.50‒ 7.50│ 4.00‒ 8.25 Feeder steers: │ │ │ 1,001 lbs. up, common-choice │ 5.50‒ 7.65│ 5.75‒ 7.50│ 6.15‒ 8.40 750‒1,000 lbs., common-choice │ 5.50‒ 7.65│ 4.75‒ 7.50│ 6.10‒ 8.35 Stocker cattle: │ │ │ Steers, common-choice │ 4.75‒ 7.65│ 3.50‒ 7.50│ 4.60‒ 8.10 Cows and heifers, │ │ │ common-choice │ 3.50‒ 5.75│ 3.00‒ 5.50│ 3.25‒ 5.85 Calves— │ │ │ Good and choice │ │ │ 6.75‒ 7.75 Common and medium │ │ │ 4.00‒ 6.50 HOGS. │ │ │ Top │ 10.75│ 10.75│ 10.20 Bulk of sales │ 8.10‒10.65│ 10.25‒10.65│ 9.00‒10.10 Heavy wt. (251 lbs. up), │ │ │ common-choice │ 9.80‒10.30│ 9.25‒10.25│ 9.00‒ 9.75 Med. wt. (201‒250 lbs.), │ │ │ common-choice │ 10.20‒10.65│ 10.15‒10.70│ 9.75‒10.05 Light wt. (151‒200 lbs.), │ │ │ common-choice │ 10.50‒10.70│ 10.60‒10.75│ 9.70‒10.20 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 Packing sows (200 lbs. up), rough│ 7.25‒ 8.00│ 7.60‒ 7.75│ 7.25‒ 7.50 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 SHEEP. │ │ │ Lambs: │ │ │ 84 lbs. down, medium-choice │ 11.50‒12.75│ 11.00‒12.25│10.25‒13.00 Culls and common │ 7.50‒11.25│ 5.50‒11.00│ 6.00‒10.00 Feeding lambs │ 11.50‒12.50│ │ Yearlings, wethers, medium-prime │ 8.50‒11.00│ 8.00‒10.75│ 7.00‒10.50 Wethers, medium-prime │ 6.00‒ 8.75│ 5.50‒ 8.25│ 6.25‒ 8.25 Ewes: │ │ │ Medium, good, and choice │ 3.25‒ 7.60│ 3.00‒ 6.00│ 5.00‒ 7.00 Culls and common │ 2.00‒ 3.75│ 1.50‒ 3.00│ 2.00‒ 5.00 Breeding ewes (full mouths to │ │ │ yearlings) │ 5.00‒11.50│ 5.50‒ 8.50│ 5.75‒ 9.00 ─────────────────────────────────┴────────────┴────────────┴───────────

─────────────────────────────────┬────────────┬───────────┬─────────── │ │ South St. │ │ Omaha. │ Joseph. │ St. Paul. ─────────────────────────────────┼────────────┼───────────┼─────────── CATTLE. │ │ │ Beef steers: │ │ │ Medium and heavy (1,101 lbs. │ │ │ up)— │ │ │ Choice and prime │$10.00‒10.50│$9.75‒10.35│ Good │ 9.25‒10.00│ 8.70‒ 9.75│$8.75‒ 9.50 Medium │ 8.00‒ 9.25│ 7.00‒ 8.70│ 7.50‒ 8.75 Common │ 6.00‒ 8.00│ 5.50‒ 7.00│ 5.75‒ 7.50 Light weight (1,100 lbs. │ │ │ down)— │ │ │ Choice and prime │ 9.75‒10.50│ 9.65‒10.25│ Good │ 9.00‒ 9.75│ 8.60‒ 9.65│ 8.75‒ 9.50 Medium │ 7.50‒ 9.00│ 6.85‒ 8.60│ 7.50‒ 8.75 Common │ 5.75‒ 7.50│ 5.25‒ 6.85│ 5.50‒ 7.50 Butcher cattle: │ │ │ Heifers, common-choice │ 5.00‒ 9.25│ 5.00‒ 9.00│ 4.00‒ 8.50 Cows, common-choice │ 4.25‒ 7.50│ 3.75‒ 7.50│ 3.75‒ 7.25 Bulls, bologna and beef │ 3.75‒ 6.75│ 3.25‒ 5.75│ 3.25‒ 6.00 Canners and cutters: │ │ │ Cows and heifers │ 2.75‒ 4.25│ 2.25‒ 3.75│ 2.25‒ 3.75 Canner steers │ 3.00‒ 4.25│ │ 2.75‒ 4.00 Veal calves: │ │ │ Light and med. wt., │ │ │ med.-choice │ 7.50‒ 9.50│ 6.25‒ 9.25│ 4.00‒ 9.00 Heavy weight, common-choice │ 5.25‒ 7.75│ 5.00‒ 7.00│ 3.59‒ 7.00 Feeder steers: │ │ │ 1,001 lbs. up, common-choice │ 5.75‒ 8.25│ 5.25‒ 8.00│ 4.25‒ 7.25 750‒1,000 lbs., common-choice │ 5.25‒ 8.00│ 5.25‒ 8.00│ 3.75‒ 7.25 Stocker cattle: │ │ │ Steers, common-choice │ 5.00‒ 7.75│ 4.50‒ 7.50│ 3.50‒ 7.00 Cows and heifers, │ │ │ common-choice │ 3.50‒ 5.75│ 3.25‒ 5.50│ 2.75‒ 5.50 Calves— │ │ │ Good and choice │ 7.00‒ 8.00│ │ Common and medium │ 5.00‒ 7.00│ │ HOGS. │ │ │ Top │ 10.30│ 10.10│ 10.25 Bulk of sales │ 7.75‒10.25│ 9.50‒10.10│ 7.50‒10.00 Heavy wt. (251 lbs. up), │ │ │ common-choice │ 9.00‒10.00│ 9.00‒9.90│ 8.25‒10.00 Med. wt. (201‒250 lbs.), │ │ │ common-choice │ 9.65‒10.25│ 9.85‒10.10│ 8.75‒10.00 Light wt. (151‒200 lbs.), │ │ │ common-choice │ 10.00‒10.25│ 9.90‒10.10│ 9.75‒10.25 Light lts. (131‒150 lbs.), │ │ │ common-choice │ │ │ Packing sows (250 lbs. up), │ │ │ smooth │ 7.75‒ 8.50│ 7.65‒ 8.00│ 7.25‒ 8.25 Packing sows (200 lbs. up), rough│ 7.25‒ 7.75│ 7.25‒ 7.60│ 6.75‒ 7.25 Pigs (150 lbs. down), │ │ │ common-choice │ │ │ Stock pigs (130 lbs. down) │ 9.00‒10.00│ │10.00‒10.50 SHEEP. │ │ │ Lambs: │ │ │ 84 lbs. down, medium-choice │ 11.50‒12.25│11.50‒13.00│11.00‒12.25 Culls and common │ 7.25‒11.50│ 7.00‒11.25│ Feeding lambs │ 9.25‒12.00│ │ Yearlings, wethers, medium-prime │ 8.25‒10.50│ 7.50‒11.00│ 6.50‒10.50 Wethers, medium-prime │ 6.25‒ 8.75│ 6.00‒ 8.00│ 7.50‒10.25 Ewes: │ │ │ Medium, good, and choice │ 4.00‒ 7.00│ 4.00‒ 7.00│ 4.00‒ 8.25 Culls and common │ 2.00‒ 4.00│ 1.50‒ 4.00│ 3.00‒ 6.75 Breeding ewes (full mouths to │ │ │ yearlings) │ │ │ 2.00‒ 3.50 ─────────────────────────────────┴────────────┴───────────┴───────────

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

[Per 100 pounds.]