The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-09-05
LIVE STOCK MARKET.
Latest Quotations on the Chicago
and Omaha Market.

and Omaha Market.
George Burke & Frazier in their week
" letter to The Herald, say III relation
TO the stock market.
Cattle receipts at the three principal
western markets last week We're not so
liberal as Tor the previous week and eX-
hibit shortage OF 10 to 20 per cent, as
compared with the same week year
ago. South Omaha lost II per cent. Kan
sas City 70 and Chicago 49, These differ
ences in favor of South Omaha, must
prove one Of two things; either that cat
tie shippers do not know where their best
interests lie, or that South Omaha has
again taken her place as the best mar
ket; as the former IS scarcely a rational
presumption the latter must be the thing
proven.
The week opened with a firm feeling
manifested at all points and good to
choice beef steers selling higher; Chicago
soon weakened, however. and during the
latter part of the week prices receded
and closed 30 10 40 cents below the high
point; western steers suffered less than
natives but they too, closed weak at a
decline of 20 TO 50 cents. Buyers showed
a most aegraVatlng Indifference, and
with lack Of competition from feeder
buyers, the beef men had things pretty
much their own way. Il must be remem-
bered by western men, that our territory
is practically denuded of Fat steers, that
we rely entirely upon the ranges for beef
and that with feeders taking out the
great bulk Of the steer receipts. we have
less difficulty in sustaining values than
do our most heavily supplied competitors
and offer exceptional opportunities for
anything really good in the beef line.
The one load OF natives on sale during
the week, weighed 130l and brought a. 10
Three loads of pretty good corn-fed steers
that the owner held at ) cents. went on
TO Chicago and sold there at AGO, not
cent more than they would have brought
in South Omaha. Quality of westerns was
only fair, but the bulk went at 3.35 to $40
or close to ten cents higher than last
! week.
Range and bulk of natives was not
Quotably changed but higher tops were
reached in two nice buIahes of heifers
weighing 400 and 52S at $50 and $40
| Western cows exhibited the same activ-
! ity and strength that characterized the
! previous weeks trading and closed strong
with good demaIld anXiously waiting for
more. Don't mold COW stuff back for
higher prices; the chances are against
| you; we will do we'll TO hold present val
ues when the maturer steers begin to
come in larger numbers; scarcity of beef
steers holds cows up now; that influence
may be considerably lessened within the
next sixty days.
The demand for feeders is still growing
and prices continue firm with higher ten
! denotes; especially on good yearlings and
| choice heavies. The feeling is becoming
more decided that mate1ial breaks will
not occur; Iowa buyers are taking hold
quite freely; Missouri and Kansas men
are liberal buyers; Nebraska men are get
ting good ready TO begin huy1ng the
largest number of feeders she has ever
used in one season, and with Texas fever
reported in the Kansas City yards we
fear we will not be able to supply the
demands made upon US for good feeding
stock Trade was active all week and
! everything was pretty well cleaned up.
We sold Nebraska yearlings, average $50
at S375; average 5i3 at $3.50; l,12l pound
Wyoming at 1875; 915 pound, at $3.50; Ne
hra skas' average 1.030 to 1,0H at $40 10
| $360; LIPS pound Wyoming at $40: and
northern stocks weighing 514 to S79 at $40
to $40.
Contrary to expectations sheep receipts
were not so heavy and there was some
| Improvement in values: strength was
given to prime muttonS by export inquiry
! on the Chicago market and the lighter
| kinds were aided by 4 considerable de-
rnand for feeders; bulk of westerns sold
| at $3.50 to $500 against 81 Is and $2.75 the
week before but the market had a wan
| ing close and prospects do not appear to
be materially frightened Utah wethers
weighing 113 sold here at S2.75 and 50 pound
| Utah lambs at $500
Hogs continued TO decline, not so rap
! idly, but still going down; the weeks
| loss was only about 10 cents but buyers
were very Indifferent and * was harder
work to sell the light receipts at pres
ent prices than il was to sell four times
! the number at prices SIS to S1.35 higher
during the corresponding week a year
ago.
western SlauSnteTlnSS was -J,NuU IN eX-
cess of the previous week bnt 10000 less
| than a year ago for the same time. The
decrease for the season now amounts to
10000. Late figures from authentic
sources tell US the rate of manufacture
of hog product is now about 80. 900, 900
pounds per week, while rate ofA1diStrihu-
ton is 100000 pounds per week. This
brings about a rapid reduction of stocks
on hand. which are already much lower
than interested SPECTATORS care to have
the people know, and with continued
light receipts Tor sixty DAYS vet which