24 
BULLETIN 776, U. S. DEPARTMENT OF AGRICULTURE. 
The movement into storage was so slow that by the first of 
May less than 30 per cent of the season's holdings had been 
stored instead of the 41 per cent of the previous season and 
the 49.5 per cent of the ten-year average of the Associated 
Warehouses. This 30 per cent was stored at an average cost 
of more than 35 cents per dozen. The 43 per cent stored 
during May cost 36.6 cents per dozen. The average cost as 
shown in Table 27 for the total holdings of 6,602,711 cases 
was 35.6 cents or a total cost of $70,560,532. 
Table 27. — Cost of "storage packed firsts" case eggs placed in cold storage 
during season 1917-1918 if bought at New York market prices. 
Date. 
Percent- 
age of 
total 
holdings. 
March 
April 
May 
June 1-15 . . 
June 16-30. 
July 
Per cent. 
2.8 
26.7 
43.0 
13.2 
11.5 
2.8 
Moved into 
storage. 
Dozens 
5,546,277 
52,887,715 
85,174,972 
26,146,736 
22,779,353 
5,546,277 
Total. 
! 100.0 i 198,081,330 
Price 
per 
dozen. 
Cents. 
33.2 
35.3 
36.6 
35.0 
33.9 
36.1 
Cost. 
Dollars. 
1,841,364 
18,669,363 
31,174,040 
9,151,358 
7,722,201 
2.002,206 
35.6 I $70,560,532 
Table 28 shows the daily quotations also compiled from the 
Producers' Price-Current of "refrigerator firsts," storage and 
insurance paid, on the New York market from August 6, 1917, 
to February 17, 1918, inclusive. 
It will be observed that the distribution of the season's hold- 
ings began at 35 cents per dozen on August 6, the average 
price during the month being 36.8 cents. The average price 
rose to 38.7 cents in September, and then gradually dropped 
until December 1. The average during the latter half of No- 
vember was only 33.3 cents. The severe winter caused a 
shortage in the fresh stock, resulting in a rise in price in the 
storage stock, and the average price during December was 37 
cents and during January 44 cents. On January 10 and 12 
the Food Administration wired the exchanges placing certain 
restrictions on the advance in prices. After January 17 there 
were no formal quotations, but the trade generally interpreted 
the attitude of the Food Administrator as authorizing the dis- 
tribution of the remaining storage stocks at approximately 48 
cents. 
