OCR Text |
Show Farm Products Climb With Commodity Prices Many of the leading farm products pro-ducts have advanced with the rising ris-ing commodity markets, according to the Bureau of Economics of the Agriculture Department. Cotton reached highest prices since 1930 on prospect of sharp cut in acreage and active demand for cloth. Wheat advanced to new high lev--els for 1934, likewise eggs, butter, and cheese, owing to reduced fresh supply. Lighter receipts of livestock continues to strengthen the market lor cattle and hogs. Corn and oats held practically unchanged. Sharp gains in butter prices, led by Chicago, Chi-cago, followed by New York, Boston Bos-ton and Philadelphia, are being sustained. sus-tained. The Bureau report says: "It is now quite generally conceded that in view cf recent heavy withdrawals and allowing deductions for Government Gov-ernment owned stock, present holdings hold-ings are no serious market handicap." handi-cap." . |