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Newspaper
Chicago Packer
Location
Chicago, Illinois, United States of America
Date
Mar 24, 1917
Page
1
Chicago reports the potato market in good condition despite the railroad strike end. Buyers protected stock but market remained firm by midweek with light receipts boosting strength. Seed stock varied with Red River Ohios around 2.60 and Rose 2.45 to 2.50, while weather kept arrivals low and rail movement constrained.
Receipts varied across days with firmer tone on Wednesday and Thursday. Minnesota whites quoted around 2320 to 235, Wisconsin whites near 235 to 235, western whites 240 to 250 and Western assets 245 to 260, later days showing unchanged prices and lighter receipts as trade slowed.
Chicago market reports rising arrivals of live poultry, with prices easing from highs but demand steady. Fowls and springs sold around 21 to 24 cents, young stags 17 cents, ducks 28 cents, geese 16 cents, roosters 13 cents, turkeys 20 cents and guinea hens three dollars per dozen. week saw fluctuating daily gains and declines amid varied receipts.
Washington reports the national railways conference will seek ICC approval to raise freight rates after a threatened strike. Franklin K Lane cites compensation to railroads and officials estimate the compromise adds 60 million dollars annually, risking bankruptcy unless shippers cover the excess costs.
Chicago market report shows firm tone for fancy oranges this week. California Navels offered in limited supply with prices around 4.25 to 3.50 per box. Florida fruit mixed with dryness and decay selling at discount. Valencia prices near 3.50. lemons steady with moderate supply and satisfactory trade.
The Ohio Valley reports a clear rise in egg production versus the prior week aided by favorable weather and strong movement from primary markets. Carload shipments extend from Tennessee, Alabama and Mississippi through Ohio River gateways to eastern and midwestern markets, with storage stock rising and prices slipping briefly during embargoes but reverting as shipments resume.
Citrus fruit auctions show steady demand for desirable stock with Florida fruit, though some dryness and decay appear in navels and oranges. Prices vary by car and type with Florida grapefruit, navels, and oranges fetching mixed bids while California navels and lemons see several high and midrange quotes.
The Ohio State Senate approved House Bill 83 to regulate cold storage warehouses. It requires labeling of wholesome cold storage food, ten month egg storage limit, annual warehouse inspections, quarterly activity reports, and penalties of up to jail time and 1000 dollars for violations.
Kansas City March 23 potato growers in Kaw Valley expect less than half of last year acreage. Seed cost cited as the reason. Typically 5 000 to 7 000 acres are grown in Kaw River bottoms west of Kansas City with the crop beginning to move about July 1.
Early potato acreage across Virginia, North Carolina, South Carolina, Florida, Georgia, Alabama, Louisiana and Texas is estimated at 489000 acres for 1917, up from 162000 in 1916. Virginia leads with 124025 acres, including 86000 in Accomac and Northampton on the Eastern Shore. Plantings rise despite high seed costs, with weather delays noted across the region.
California oranges shipments sold well with steady demand and higher prices. Blood oranges and tangerines active. lemons receipts light but quality good and prices up. Florida oranges and grapefruit showed strong markets with top quotes, Porto Rico fruit also higher and wild fruit sharply up.
Chicago mourns Joseph W. Brown longtime Armour & Co executive and former Chicago Board of Trade president. The produce department general manager died after an illness culminating with surgery last Friday. A large turnout from the trade attended his funeral Sunday as plans for a successor at Armour & Co remain unsettled.
A hearing on the Wicks Bill drew a crowd of about 600 to the New York state Senate chamber. Farmers and business groups pressed a substitute proposal to place the Agriculture Department under a regents board, signaling political change and drawing out notable attendees including George W. Perkins and Senator Wicks. A new bill is expected soon for another hearing.
Walter Snyder, Baltimore fruit and vegetable commission merchant and head of the Snyder Blankford Company, died Friday morning after a long illness. He presided at the Chicago meeting that formed the National League of Commission Merchants and was elected president of the League in 1895, and also led the International Apple Shippers Association. A familiar figure at national meetings, he attended the Philadelphia convention in January in frail health.
The produce firm Carson-Proctor Co. at 2123 East Jefferson Street filed a voluntary petition in bankruptcy. Liabilities total 16087.67 across 107 creditors, with assets of 568.50. Principal claims include Louisville National Bank 4500, EB L Carson 3000, Mrs Perkins 1900, Mrs Parker 1800, R L Thomas 1000. The partners are Capt. Ernest Proctor, Warner Monroe, and Ernest Lenwood Carson.
California vegetable shipments from the south rise to a total of 4,455 cars. Recent daily totals include 40 cars on the 15th, 15 on the 16th, 43 on the 17th and 18th, 14 on the 19th, 25 on the 20th, and 6 cars on the 21st.
Cold nights across California after weeks of frost cut into cantaloupes peas and tomatoes while lettuce held steady in Imperial Valley. Shippers report 600 cars of onions expected and a large yet uncertain cantaloupe crop 4000 acres higher than last year with per-acre constraints and late-season shipments likely.
The article notes movement of the Winningstuds crop will be late with Weather delaying the harvest. It cites about 2 500 acres of cabbage in Southern California and distribution across Orange County Los Angeles County and adjacent valleys. It also reports a March 24 meeting in Peoria to organize the Illinois Fruit and Produce Jobbers and regulate credit matters for carrot markets.
Chicago reports a firm egg market despite rising receipts this week. Prices ranged around 26 1/2 to 27 cents with steady demand and occasional futures sales for March and April delivery amid holiday storage activity and high near term prices.
Chicago reports a firmer butter market this week as receipts fall short of last week. Demand matches limited offerings with undergrades gaining slight price support. Creamery extras hold at 40c while firsts and seconds show minor movements amid steady packing stock and rising 90 point goods.
Washington March 23. The Farm Loan Board announced all Federal land bank loans to farmers will bear 5 percent interest and bonds issued by the land banks will carry 41 2 percent.
In New York March 23 egg storage prices show strength with April storage quotes at 30 cents for Seaboard eggs. West shipments lead with firmer firsts and near-term demand driving prices as traders await May trends. Receipts through last week totaled over 220 thousand cases with steady to higher trade on Mercantile and New York exchanges.
Minnesota potato market shows optimism after a rebound on Monday and Tuesday. Buyers report firmer demand for red river and white stock with prices around 2.30 to 2.45 dollars fob the valley, as receipts remain light and hauling improves.
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