20 New Hampshire Experiment Station [Bulletin 234 



for a particular grade or at a premium or discount of one, tAvo or three 

 cents. This quotation, however, is based upon tentative bids and sales 

 of the dealers. The price reporter merely attempts to summarize all 

 the individual poultry dealers' judgments as to the market value on that 

 day of each grade of broilers. 



Prices are not quoted on broilers every day. Monday receipts are 

 usually light and often furnish an insufficient basis for establishing the 

 market price. The market is, therefore, left open until Tuesday or 

 possibly Wednesday. The first price of the week, however, applies to 

 the sales and purchases on the preceding days of that week. This S3's- 

 tem of establishing prices tends to stabilize the market on a weekly 

 basis. Receipts on Monday, for example, can have very little relation 

 to price when that price is established on Tuesday, Wednesday or Thurs- 

 day. An attempt is made, in fact, to quote prices that reflect the mar- 

 ket suppl}^ and demand for a week and that will not, therefore, have to 

 be changed. 



Receipts of live broilers are also on a weekly basis. Very few live 

 broilers are carried over from Saturday until Monday. Receipts on 

 both Monday and Saturday are light as shown in Figure 10 and Table 

 10. Tuesday receipts are somewhat heavier than on Monday, but the 

 principal market daj-s are on Wednesday, Thursday and Friday. 



