[New York, Chicago, Philadelphia, Boston, and San Francisco.]
────────────────────────────┬────────────┬────────────┬────────────
│Week ending │ Previous │
│ July 29. │ week. │ Last year.
────────────────────────────┼────────────┼────────────┼────────────
BUTTER. │ _Pounds._ │ _Pounds._ │ _Pounds._
Receipts for week │ 16,406,388│ 17,848,858│ 13,737,695
Receipts since Jan. 1 │ 406,421,998│ 390,015,610│ 333,511,550
Put into cold storage │ 5,763,120│ 6,227,574│ 4,363,777
Withdrawn from cold storage │ 1,196,527│ 1,090,911│ 2,391,506
Change during week │ +4,566,593│ +5,136,663│ +1,972,271
Total holdings │ 58,529,169│ 53,962,576│ 49,378,903
────────────────────────────┼────────────┼────────────┼────────────
CHEESE. │ │ │
Receipts for week │ 4,760,350│ 4,368,795│ 4,034,423
Receipts since Jan. 1 │ 113,423,195│ 108,662,845│ 109,844,370
Put into cold storage │ 2,212,808│ 2,824,638│ 2,780,994
Withdrawn from cold storage │ 1,297,907│ 1,185,107│ 1,753,219
Change during week │ +914,901│ +1,639,531│ +1,027,775
Total holdings │ 17,542,277│ 16,627,376│ 15,250,616
────────────────────────────┼────────────┼────────────┼────────────
DRESSED POULTRY. │ │ │
Receipts for week │ 3,039,791│ 3,237,754│ 2,455,183
Receipts since Jan. 1 │ 107,262,094│ 104,222,303│ 91,359,363
Put into cold storage │ 1,039,930│ 1,211,646│ 745,099
Withdrawn from cold storage │ 2,114,313│ 2,144,566│ 1,518,844
Change during week │ ‒1,074,383│ ‒932,920│ ‒773,745
Total holdings │ 23,316,211│ 24,390,594│ 15,513,172
────────────────────────────┼────────────┼────────────┼────────────
EGGS. │ _Cases._ │ _Cases._ │ _Cases._
Receipts for week │ 273,535│ 293,498│ 236,614
Receipts since Jan. 1 │ 12,471,456│ 12,197,921│ 11,265,592
Put into cold storage │ 76,188│ 74,222│ 45,631
Withdrawn from cold storage │ 34,863│ 29,352│ 70,151
Change during week │ +41,325│ +44,870│ ‒24,520
Total holdings │ 4,995,153│ 4,953,828│ 3,645,439
────────────────────────────┴────────────┴────────────┴────────────
CHEESE PRICES LOWER UNDER LIGHT CONSUMPTIVE DEMAND
Speculative Demand Also Lacking—Prices Down a Full Cent at Wisconsin
Primary Markets.
The light summer consumptive demand without the support of speculative
storage activity has been insufficient to clear the current make of
cheese during the past few weeks, and as a consequence a weaker feeling
developed. During the week ending July 29 this weakness became more
pronounced, and prices at the Wisconsin primary markets were lowered as
much as a full cent in an effort to stimulate trading.
Buyers, however, were not eager to take on any more goods than could be
readily used to meet daily requirements. Although a few cars of fine
cheese were purchased early in the week for storage, the majority of
buyers felt that the market was on too high a plane for speculation.