WHEAT MILL FEED MARKET SHOWS VERY WEAK CONDITION.

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

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

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

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

CARLOAD PRICES OF HAY AND FEED AT IMPORTANT MARKETS, OCT. 1.
[In dollars per ton.]

	Commodity.	New York. [1]	Phila- del- phia.	Rich- mond.	At- lanta.	Sa- van- nah.	Mem- phis. [1]	St. Louis. [1]	Pitts- burgh. [1]	Cin- cinnati. [1]	Chi- cago. [1]	Min- nea- polis. [1]	Omaha. [1]	Kan- sas City. [1]	San Fran- cisco. [1]	Los Angeles. [1]
HAY.
Timothy and clover:
	No. 1 timothy	31.00	23.00	26.00	28.00	26.50	24.50	25.00	22.50	20.00	24.00	19.50	...	[2]14.50	...	...
	Standard timothy	30.50	22.00	25.00	26.00	25.50	22.00	23.00	21.50	...	22.00	18.50	...	13.50	...	...
	No. 2 timothy	29.50	20.00	24.00	24.50	24.50	20.00	20.00	19.50	18.50	20.00	18.00	...	12.50	...	...
	No. 1 light clover, mixed	29.50	19.00	25.00	26.00	24.50	...	22.00	20.00	18.50	[3]21.00	18.00	...	[2]13.50	...	...
	No. 1 clover, mixed	...	...	24.00	...	...	...	20.00	21.00	17.00	[2]17.00	[2]17.50	...	11.00	...	...
	No. 1 clover	...	...	24.00	...	...	...	21.00	20.00	20.00	17.00	[2]17.00	...	[2]11.50	...	...
Alfalfa:
	No. 1 alfalfa	28.00	...	...	29.00	28.50	23.00	22.00	...	[2]21.00	22.00	[2]21.00	15.50	18.00	18.00	19.00
	Standard alfalfa	...	...	...	27.00	...	20.00	20.00	...	[2]19.00	20.00	[2]19.00	13.50	15.00	17.00	...
	No. 2 alfalfa	...	...	...	25.00	...	17.00	18.00	...	[2]17.00	17.00	[2]17.00	10.50	12.00	13.00	...
Prairie:
	No. 1 upland	...	...	...	...	...	...	17.00	...	...	17.00	16.50	11.00	12.00	...	...
	No. 2 upland	...	...	...	...	...	...	15.00	...	...	15.00	14.00	9.50	10.00	...	...
	No. 1 midland	...	...	...	...	...	...	...	...	...	14.00	12.00	10.00	8.50	...	...
Grain:
	No. 1 wheat	...	...	...	...	...	...	...	...	...	...	...	...	...	20.00	...
	No. 1 oat	...	...	...	...	...	...	...	...	...	...	...	...	...	16.00	21.00
FEED (bagged).
Wheat bran:
	Spring	21.25	20.75	21.50	22.00	...	...	...	19.50	17.00	15.25	12.50	...	...	...	...
	Soft winter	21.50	22.50	25.00	22.00	23.50	16.00	14.50	20.50	17.50	...	...	...	10.75	28.00	28.00
	Hard winter	21.50	21.25	...	22.00	...	...	14.00	20.00	17.00	15.25	...	10.50	10.50	...	22.00
Wheat middlings:
	Spring (standard)	22.25	21.75	24.00	27.00	...	...	...	21.50	20.50	16.50	13.50	...	...	...	...
	Soft winter	...	28.00	...	30.00	30.00	...	22.50	27.50	24.00	...	...	...	18.50	39.00	...
	Hard winter	...	27.00	...	28.00	...	...	21.50	27.50	20.50	...	...	...	18.50	...	...
	Hard winter wheat shorts	...	...	...	30.00	...	24.00	18.00	27.00	...	...	...	18.00	[3]15.50	...	...
	Wheat millrun	...	23.50	...	...	...	...	...	23.50	...	...	30.00	...	15.00	27.00	...
Rye middlings		...	20.50	21.00	...	...	...	...	19.00	17.00	...	12.50	12.00	...	...	...
High-protein meals:
	Linseed	46.75	44.50	...	...	...	...	40.75	[2]45.00	45.00	41.00	38.00	41.50	39.25	...	...
	Cottonseed (41%)	...	45.25	...	...	...	36.00	40.00	44.50	41.25	42.00	...	...	39.75	41.00	...
	Cottonseed (36%)	45.25	43.25	...	41.00	40.50	35.00	38.50	42.00	38.50	40.00	...	...	...	...	36.00
No. 1 alfalfa meal (medium)		...	...	...	29.00	...	22.50	20.00	...	23.50	21.50	...	17.00	17.25	20.00	27.00
Gluten feed		35.34	34.93	...	...	...	...	29.25	...	32.45	28.65	...	...	34.50	...	...
White hominy feed		29.25	28.75	30.00	28.00	...	...	21.00	...	26.00	21.00	...	19.00	20.00	...	...
Yellow hominy feed		27.25	26.00	30.00	...	...	...	19.00	...	26.00	19.00	...	18.50	19.00	...	...
Ground barley		...	...	...	...	...	...	...	...	36.00	31.00	20.00	...	24.50	...	[4]30.00
Dried beet pulp		29.25	28.00	...	33.50	42.00	...	...	25.80	25.90	...	23.50	...	21.00	...	25.00

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

[2] Nominal.

[3] Brown.

[4] Rolled.

Commodity.	New York. [1]	Phila- del- phia.	Rich- mond.	At- lanta.	Sa- van- nah.	Mem- phis. [1]	St. Louis. [1]	Pitts- burgh. [1]
HAY.
Timothy and clover:
No. 1 timothy	31.00	23.00	26.00	28.00	26.50	24.50	25.00	22.50
Standard timothy	30.50	22.00	25.00	26.00	25.50	22.00	23.00	21.50
No. 2 timothy	29.50	20.00	24.00	24.50	24.50	20.00	20.00	19.50
No. 1 light clover, mixed	29.50	19.00	25.00	26.00	24.50	...	22.00	20.00
No. 1 clover, mixed	...	...	24.00	...	...	...	20.00	21.00
No. 1 clover	...	...	24.00	...	...	...	21.00	20.00
Alfalfa:
No. 1 alfalfa	28.00	...	...	29.00	28.50	23.00	22.00	...
Standard alfalfa	...	...	...	27.00	...	20.00	20.00	...
No. 2 alfalfa	...	...	...	25.00	...	17.00	18.00	...
Prairie:
No. 1 upland	...	...	...	...	...	...	17.00	...
No. 2 upland	...	...	...	...	...	...	15.00	...
No. 1 midland	...	...	...	...	...	...	...	...
Grain:
No. 1 wheat	...	...	...	...	...	...	...	...
No. 1 oat	...	...	...	...	...	...	...	...
FEED (bagged).
Wheat bran:
Spring	21.25	20.75	21.50	22.00	...	...	...	19.50
Soft winter	21.50	22.50	25.00	22.00	23.50	16.00	14.50	20.50
Hard winter	21.50	21.25	...	22.00	...	...	14.00	20.00
Wheat middlings:
Spring (standard)	22.25	21.75	24.00	27.00	...	...	...	21.50
Soft winter	...	28.00	...	30.00	30.00	...	22.50	27.50
Hard winter	...	27.00	...	28.00	...	...	21.50	27.50
Hard winter wheat shorts	...	...	...	30.00	...	24.00	18.00	27.00
Wheat millrun	...	23.50	...	...	...	...	...	23.50
Rye middlings	...	20.50	21.00	...	...	...	...	19.00
High-protein meals:
Linseed	46.75	44.50	...	...	...	...	40.75	[2]45.00
Cottonseed (41%)	...	45.25	...	...	...	36.00	40.00	44.50
Cottonseed (36%)	45.25	43.25	...	41.00	40.50	35.00	38.50	42.00
No. 1 alfalfa meal (medium)	...	...	...	29.00	...	22.50	20.00	...
Gluten feed	35.34	34.93	...	...	...	...	29.25	...
White hominy feed	29.25	28.75	30.00	28.00	...	...	21.00	...
Yellow hominy feed	27.25	26.00	30.00	...	...	...	19.00	...
Ground barley	...	...	...	...	...	...	...	...
Dried beet pulp	29.25	28.00	...	33.50	42.00	...	...	25.80

Commodity.	Cin- cinnati. [1]	Chi- cago. [1]	Min- nea- polis. [1]	Omaha. [1]	Kan- sas City. [1]	San Fran- cisco. [1]	Los Angeles. [1]
HAY.
Timothy and clover:
No. 1 timothy	20.00	24.00	19.50	...	[2]14.50	...	...
Standard timothy	...	22.00	18.50	...	13.50	...	...
No. 2 timothy	18.50	20.00	18.00	...	12.50	...	...
No. 1 light clover, mixed	18.50	[3]21.00	18.00	...	[2]13.50	...	...
No. 1 clover, mixed	17.00	[2]17.00	[2]17.50	...	11.00	...	...
No. 1 clover	20.00	17.00	[2]17.00	...	[2]11.50	...	...
Alfalfa:
No. 1 alfalfa	[2]21.00	22.00	[2]21.00	15.50	18.00	18.00	19.00
Standard alfalfa	[2]19.00	20.00	[2]19.00	13.50	15.00	17.00	...
No. 2 alfalfa	[2]17.00	17.00	[2]17.00	10.50	12.00	13.00	...
Prairie:
No. 1 upland	...	17.00	16.50	11.00	12.00	...	...
No. 2 upland	...	15.00	14.00	9.50	10.00	...	...
No. 1 midland	...	14.00	12.00	10.00	8.50	...	...
Grain:
No. 1 wheat	...	...	...	...	...	20.00	...
No. 1 oat	...	...	...	...	...	16.00	21.00
FEED (bagged).
Wheat bran:
Spring	17.00	15.25	12.50	...	...	...	...
Soft winter	17.50	...	...	...	10.75	28.00	28.00
Hard winter	17.00	15.25	...	10.50	10.50	...	22.00
Wheat middlings:
Spring (standard)	20.50	16.50	13.50	...	...	...	...
Soft winter	24.00	...	...	...	18.50	39.00	...
Hard winter	20.50	...	...	...	18.50	...	...
Hard winter wheat shorts	...	...	...	18.00	[3]15.50	...	...
Wheat millrun	...	...	30.00	...	15.00	27.00	...
Rye middlings	17.00	...	12.50	12.00	...	...	...
High-protein meals:
Linseed	45.00	41.00	38.00	41.50	39.25	...	...
Cottonseed (41%)	41.25	42.00	...	...	39.75	41.00	...
Cottonseed (36%)	38.50	40.00	...	...	...	...	36.00
No. 1 alfalfa meal (medium)	23.50	21.50	...	17.00	17.25	20.00	27.00
Gluten feed	32.45	28.65	...	...	34.50	...	...
White hominy feed	26.00	21.00	...	19.00	20.00	...	...
Yellow hominy feed	26.00	19.00	...	18.50	19.00	...	...
Ground barley	36.00	31.00	20.00	...	24.50	...	[4]30.00
Dried beet pulp	25.90	...	23.50	...	21.00	...	25.00

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

[2] Nominal.

[3] Brown.

[4] Rolled.

MIDDLINGS ACTIVE.

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

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

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

GLUTEN FEED DEMAND DULL.

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

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

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

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