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Newspaper
Chicago Packer
Location
Chicago, Illinois, United States of America
Date
Jun 19, 1920
Page
1
New York reports a sharp drop in the commercial peach harvest due to an Easter freeze. The 1920 crop is well below normal with some sections of the Appalachians and New England showing small yields while overall prospects are fair in certain areas.
The Packer reports mixed peach prospects across the nation with California leading in production while Arkansas Oklahoma and parts of Texas face reduced yields. Government figures project a total crop around 45 million bushels vs 61.8 million last year, with Georgia New York New Jersey Pennsylvania and other states contributing to the national picture.
In Brawley California the cantaloupe trade reports lighter shipments due to an unexpected cold spell between crops. Through June 13 total shipments reach 3,888 cars versus 4,056 last year, with daily moves ranging from 128 to 269 cars and forecasts suggesting a longer season and steady prices despite the drop.
Washington June 18 report shows cold storage apples at 64,376 barrels and 441,716 boxes on June 1, versus 68,141 barrels and 169,869 boxes a year earlier. Expressed in barrels, total holdings reach 211,648, up 86,884 from last year’s figure of 124,764.
Concordia Produce Co appeals over empty chicken coops delayed by American Railway Express. Kansas City carriers report lack of train equipment and car space, promising to move empties on first available trains and improve within a week.
David D Cassel a New York fruit dealer and importer filed a bankruptcy petition in Brooklyn last week. He shows liabilities around 115000 with assets listed at about 58000 including accounts receivable and railroad claims. Earlier he claimed to hold nearly 160000 in free and clear property.
The report outlines Cassel's debts to banks and firms totaling large sums, with $51,000 to Atlantic National Bank and $17,000 to Fidelity Trust, among others. He claims heavy losses in Sicily lemons and Spanish onions forced bankruptcy, noting a $50,000 to $70,000 range in imports. The David D. Cassel Fruit Co. at 314 Washington Street, renamed Continental Fruit Co., remains under broker C Walter Tucker. Receiver appointed is William A. Moore of Brooklyn.
Bureau of Markets reports storage levels for June 1 showing 12,722,582 pounds of creamery butter and 711,142 pounds of packing stock, compared with 29,434,782 pounds creamery and 887,796 pounds packing stock a year earlier. Egg holdings stand at 5,106,747 cases vs 6,098,448 cases previously.
Advertisers in The Packer will find names of peach growers and shippers in The Packer Weekly Bulletin for next week. June 28 issue is printed weekly for advertisers, sent free to them, not for sale, and not securable without a regular advertisement. It is an especial service for advertising patrons.
Carlot movement of vegetables is underway from the Louisville district with straight and mixed carlots shipping daily to Northern markets. Cabbage leads the flow though heading slowed by dry weather. onions and potatoes expected to move in July.
Light arrivals and warm weather lift demand for cantaloupes in Chicago with crates quoted at 5.25 to 5.50 and flats at 1.75 to 2.25 per unit. Quality has improved over earlier shipments. Bowling Green Florida reports a banner watermelon week, with shipments continuing but light next week.
Nebraska egg merchants recall C. R. Hamilton of Laramie Wyoming who bought eggs and failed to pay. He ordered produce in May, received shipments in Kimball, and disappeared before payment. Shippers notified Denver postal inspectors and seek his location.
Retailers have killed the market on onions in California's Coachella area with heavy losses and acres plowed under. About 30 carloads may be abandoned as prices fell to 80 cents and even lower in Midwest markets. Freight and handling costs render movement unprofitable.
Onions bring record yields in Southern California but retail prices soar to 8 10c a pound while growers lament wasted fertilizer costs and reduced profit. Retailers favor single crates at 10c per pound over larger lots, curbing consumer demand and threatening farm abandonment as growers plan to move to cities seeking wages.
In Atlanta a Georgia shipper seeks $283 from Southern Eye & Poultry Co aka Seymour after a promised check never arrived. Attorneys James & Bedgood obtained a warrant for Seymour, who paid $100 on account but remains at large. Chicago Mercantile Exchange visitors list includes multiple traders from across the U.S. This item notes ongoing legal action and a separate trade visit roundup.
The New York Mercantile Exchange week saw introductions of several traders including Frank D. Collyer from Chicago C V Huenke of New Bremen W H Christensen of Danville Illinois W S Morrison of Chicago W H Whittenburg of Centralia plus Georges making San Francisco California all list their locations.
Indictments against Eugene Sullivan Company Inc Andrew Spada and associated potato dealers for profiteering under the Lever Act were dismissed by Judge Hang in the U S District Court. A related case saw the New York and New Jersey Produce Company plead guilty to Lever Act indictments tied to a separate potato deal. The judge said the charges failed to show whether prices exceeded market levels or profits, stressing the need for a clear legal theory.
Washington June 18 according to the June government crop report the commercial apple crop is expected to exceed last season with a forecast of 30 683 000 barrels versus 26 174 000 last year state by state comparisons are given in the final production report of 1919.
Washington June 18 A Bureau of Crop Estimates forecast shows a slight drop in tomato acreage in major growing states totaling 193 231 acres this year down from 204 487 last year a 5 percent decrease Indiana again leads with 26 590 acres down from 33 569 New Jersey 28 014 up from 25 748 California 29 948 down from 31 658 Maryland 23 104 down from 33 245 Virginia 14 723 up from 13 889 and Missouri 14 641 up from 12 667.
Hearings on the consolidation proposals of the three largest express companies before the Interstate Commerce Commission are scheduled to begin in Washington on July 12, with Examiner Butler presiding.
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