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.