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.