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Newspaper
Chicago Packer
Location
Chicago, Illinois, United States of America
Date
Dec 02, 1911
Page
2
In Chicago on December 1 activity in citrus rose with navels selling around 3.35 to 2.25, fruit quality improving for some parcels. Lemons moved slowly at 3 to 5, oranges active at 4.50 for good stock, and Indian River fruit near 3.0 as receipts stayed moderate and absorbed quickly.
Strawberries demand slackened after Thanksgiving with a belief that activity would rebound. Berries were fair quality at a half dollar per pint. Daily arrivals from four to five freezers. A few shipments of igator pears sold at 4.50 per dozen. Trade slow though fruit presented sound quality. Receipts from Miami Florida.
Creditors claim about 15 000 dollars are owed by the United Dairy Co a defunct concern once running nine retail stores in New York with headquarters on Madison Avenue. Creditors allege irregular payments and secret dealings including store transfers and dubious stock purchases as the committee reviews assets and liabilities.
Florida vegetable receipts in New York on December 1 show heavier volumes than last week with mixed demand. Green beans and wax beans sold at 1.50 to 4 dollars and 1.50 to 3 respectively, eggplant 1.50 to 2.50, cucumbers 2 to 4.50 with many sales 2.26 to 2.50, and lettuce fluctuating with fair demand and prices around 1 to 1s.
J M Lyon of Lyon Bros Co arrived home from California after riding the Twentieth Century Limited from Chicago. Near Northeast Penn the front trucks of the cars derailed but the engineer acted quickly and the train was not at full speed, sparing a serious crash. Lyon and other passengers were shook up with minor bumps but no serious injuries reported.
Cohen & Co. completes its store expansion at Lafayatte Street near South Water and moves in to handle a heavy carrot business while expanding into general fruits vegetables and groceries. The firm operates three tank stores in Wisconsin at Fond du Lac Manitowoc and Sheboygan and runs a cabbage warehouse at Ripon.
New York state growers held about $10 a bushel loaded, with shippers paying similar prices through the week. Buyers grew conservative amid high consumer prices and a holiday lull, while Maine and Michigan supplies varied from $2.26 to $3.50 per 180 pounds. Foreign stock from Ireland and Scotland ranged $2.50 to $2.65 for 165 pounds, with docks pushing higher on domestic arrivals.
New York prices for New York state cabbage hovered low as demand lagged with weak weather. Shippers paid farmers 20 to 21 a ton at loading and asked 23 to 25 delivered, leaving little room for profit. Canadian turnips stayed steady at 1 to 1.25 a barrel, grapes in York state remained near steady, and cauliflower fetches 1.25 to 4.50 for short cuts and 0.75 to 1.50 for long.
The Federation of Jewish Farmers of America held its annual convention in New York this week. Composed of Hebrews, it includes 41 farmers associations across nine states and Canada with about 1,200 members. Speakers included Jacob H. Schiff and Mayor Gaynor before about 1,000 New York Hebrews.
New York reports a stagnant apple market with heavy supplies and discouraged prices. Baldwins on docks bring 2.25 to 2.50 dollars, Greensings 1.50, and boxed fruit 1.25 to 2.50 as buyers hold back. A top storage Greening might fetch 3.50, but activity remains slow.
New York reports onions presenting strong investment potential with traders expecting continued firmness. East coast dock buyers paid 2.15 to 2.25 dollars for yellow onions and 2.10 to 2.25 for red in 100 pound bags, while Orange county reds and yellows in 140 pound bags fetched 2.25 to 2.75. Good white stock was scarce and sells at 2.50, with current offerings from 1.50 to 2.25.
New York market reports cranberry receipts liberal and holdings heavy. Quality generally poor with limited late demand after Thanksgiving. Cape Cod Howes fetch 7 to 9 dollars, Early Blacks up to 8.50, Jerseys 7 to 7.50, many stocks selling around 4 dollars. Butter prices in Indianapolis rise with packing stock at 20 cents and storage adjustments 30 to 32.6 cents.
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