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Newspaper
Chicago Packer
Location
Chicago, Illinois, United States of America
Date
Mar 06, 1920
Page
1
The report notes shipping activity already started as weather patterns across states influence April through the four spring months. West of the Mississippi, conditions are generally conducive to production, with shippers preparing weekly shipments from storage pack districts.
The report shows a broad increase in egg production across Missouri Iowa Illinois Indiana Ohio Texas Tennessee Kentucky Nebraska Michigan Wisconsin Minnesota Oklahoma Arkansas and Oklahoma with only a few notes of potential decreases or uncertainty. Shippers generally expect higher outputs than 1919 and earlier seasons, reflecting an overall upswing in spring laying.
Reports from shippers in The Packer forecast higher egg production this spring across the Central West with Texas leading an uptick in crops. Storage talks dominate trade sentiment as shippers plan for April shipments and potential storage-packed eggs before April 1. Kansas City and other markets see heavy February movement with continued March shipments, while Minnesota and Southern states expect later flushes. Missouri lists regional egg crop expectations with numerous counties projecting increased weekly case shipments from March through June.
California citrus trade reports orange prices firming at shipping points with standard size cars around 6.50 to 5.75 per box and specific sizes varying up to 6.50 for 176s. Lemons ease as illness reduces demand, with prices now 4 to 4.50 per box. Week ending March 1 shows 828 orange jars and 186 lemon cars from Southern California. totals reach 14,454 cars statewide. Northern California shows no movement. Central California orange shipments total 3,551 cars with 235 lemon cars.
A rain storm ending March 2 delivered over an inch to most citrus belt towns with Southern areas hit hardest. Fruit trees benefited from the moisture while a brief vegetable setback occurred. Los Angeles recorded 0.32 inches, raising the season total to 17.93 inches, while Imperial Valley saw no rainfall.
New York March 5 notes banks dominate the spring storage egg deal with lenders up to 70 percent on packed eggs and a maximum $9 per case advance, keeping April prices near 40 cents per dozen. Fed rediscount rate rise to 6 percent and a plunging pound sterling add risk. Packers likely stronger than ever despite lack of export demand, signaling continued pressure on meat and egg prices and slower exports.
The text argues mismanagement in repacking and handling caused egg losses and worsened supply, warning of reduced competition as heavy losses hit storage eggs. It predicts price increases following past trends and notes producers may resist shifting from 1919 cost basis amid rising costs and uncertain demand.
The article argues that the crop must begin this year and that storage packed egg districts will likely see a harvest as large as, or larger than, last spring. Shippers report heavier output in their regions and stock packed for storage is expected to be at least normal.
Cold spring weather across New Orleans and Hammond damaged early spring beans corn and other plantings while hotbed cucumbers remained unhurt. Strawberry blooms and young fruit were destroyed setting back the Louisiana berry crop by three to four weeks with shipments unlikely before April 5.
Chicago March 5 Improved demand and bullish Florida freeze news push cabbage prices higher this week. Texas carlots quoted around 40 per ton f o b Texas points and 60 to 65 delivered here. Florida stock mostly on wheels so jobbing price about 60 a crate. California offerings moderate and mainly early cleanup at about 4.50 a crate.
A Santa Fe special train will depart Chicago at 8:68 Saturday evening carrying local egg dealers to the convention in Kansas City, expected arrival Sunday morning at 9:26. Five coaches are filled with six likely, a dining car added. Postal Telegraph will run a wire from the convention floor to the Chicago Mercantile Exchange for members, aiding convenience and promotion.
Jacksonville March 5 reports from shippers across the state show a Monday night frost damaged tender vegetables heavily, with beans tomatoes and cucumbers most affected and some areas reporting up to 75 percent loss. Citrus fruit crop largely spared. lettuce season nearly over. many crops set back with shipments postponed beyond May.
A petition signed by 56 New York Mercantile Exchange members urged extending 15 day future eggs rules to butter to aid distant buyers. The butter committee rejected the proposal without dissent, fearing excess freedom in speculative trading and possible adverse reaction.
Kansas City telegram from Chicago confirms next Monday and Tuesday duplicating egg and butter trading at the Chicago Mercantile Exchange for the Missouri Egg and Poultry Shippers Association convention at the Baltimore Hotel. Delegations from South Central states Texas and the Eastern and Chicago will attend with an extensive program including addresses by W S Me, A B Briggs, H F Jones, Arthur Medwedeff, and Oscar Olson.
Cincinnati March 5 shippers report high quotations for eggs and poultry sent to Newport across the river. Circulars list Twin City Poultry Company with Frank J Connett president Alfred G Connett treasurer and Raymond E Connett general manager. Addresses and names tie to Newport and Covington, with one Connett in the army and another with American Express. Last week poultry quotes were 4 1 over and eggs 10c higher.
Southern California vegetable shipments were tallied by date from February 25 to March 2 with counts of 109, 120, 128, 228, 136, and 136 cars respectively. The running total reaches 6,828 cars to date.
At Indianapolis March annual convention of the Indiana Poultry and Egg Association about 250 shippers receivers and jobbers debated egg delivery practices. A resolution urged the Chicago Mercantile Exchange to discontinue futures trading to protect trade. Officials were elected including R R Regan as president and Henry Pfeiffer as first vice president. The idea of joint Kentucky Indiana Ohio conventions was discussed, with a committee to arrange a combined event. A Tuesday banquet with 200 attendees featured speeches praising production and coordination among central states.
The annual banquet of the United Fruit Buyers Association will be held Saturday evening March 20 at the Waldorf Astoria. Organizers are making elaborate preparations and booking reservations. Tables seat ten guests and the dinner committee awaits early responses from attendees. Reservations are to be made at the association’s office, 204 Franklin Street.
Washington March 5 Senate Agriculture Committee voted to strike from the agricultural appropriation bill the 240,008 earmarked for free distribution of garden seed and flower seeds. Secretary Meredith urged the appropriation be eliminated from the bill.
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