The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-08-15
MARKETS IN GOOD CONDITION.
There is Still n Shortage of Cat
tie Shipments and Excess of Sheep.

tie Shipments and Excess of Sheep.
All of the reports received from the
live stock markets show that the con-
ditions governing the sale of cattle are
extremely favorable. The run has
hardly commenced yet, and prices are
| good. Heavy shipments of sheep have
run down the mutton quotations ma
/ terially, however, and the market is
threatened. In their last report,
George Burke & Frazier of Omaha
have the following interesting stuff:
Although cattle receipts were quite
liberal during the past week, the pro-
portion of desirable beef steers was
very small and wholly inadequate to
| fill demand. Among the $4,000 cattle
that changed hands there were no
corn-fed steers that could be called
really good and only three or four
loads of that kind all told; two loads,
very fair ones, weighing 1,211, sold on
Monday at $4.75; one load, immature
stuff, weighing 1,210, brought $3.50 on
/ Tuesday, and another, part of load,
weighing 1888, sold at $3.50 on We'd
nesday.
The killers, of course, had to seek
their stock among the westerns, and
with prime fat range beef so scarce
and feeder buyers in such sharp COM
petition for the mediums, the prices
were wen sustained anu the WSeh
closed with all fair to good steers
showing an advance of 10 to 20 cents
Mondays heavy run of over 5000
head induced a decline of 10 to 10
cents on the light and more common
stuff which, on account of its plentl-
tude, continued slow and weak to the
close, but it was finally pretty well
cleaned up and better feeling prom
ised for the week to come.
the bulk of their purchases and the
bulk of feeders went at S3.45 to 1915.
There was nothing fancy in the quail
ity of cattle marketed, and it must
be understood that the above figures
do not indicate the strength of the
market on choice stock. Prime west
ern cattle are easily quotable at 1915
to $500 for feeders. and $500 to $3.50
for beef. South Dakota steers sold
this morning at s4.35, and cows of the
same outfit at $685..
The demand for feeders shows a
splendid growth. Four weeks ago our
shipments to the country were but
fifty cars; three weeks ago We sent
out eighty-one cars: two weeks ago
121 cars, one week ago 1874 cars. and
the past week $50 cars. This is but
beginning. Iowa has taken but few,
as yet, and Nebraska has not made
start: from these two states the heav
lest demand must come. They were
the most depleted by last years
drought, and as soon as the last dan
ger to the new crop is passed, Iowa
and Nebraska buyers will be on the
market in full force to sustain feeder
values. Judging from present pros
poets. supply and demand are going
to be pretty evenly balanced. and we
would advise continuous shipments,
holding back only the tardy ones that
may be improved by being left on the
range for the last runs. The market
never had firmer or surer tone, and
all that now seems necessary to make
this season one of good, strong, even
values. is TO keep the stuff coming
steadily SO as to avoid those disagree
able gluts that will. temporarily, rob
any market of it's strength.
The general outlook for desirable
cattle is quite favorable at all points,
and particularly so a South Omaha,
for the reason that her territory was
never so bare of cattle of all kinds as
it is right now. The packers want
beef stock Just the same as packers
at other points. They are waiting and
anxious to take it at the full strength
of the market. and with beef stock
coming in such very light supply,
competition must be sharp and prices
well sustained. Our feeding territory.
swept bare bv last years drought. is
the best in the country, and is this
year blessed with the most bountiful
corn crop in all its history. South
Omaha is called upon to almost en-
tirely restock this territory this fall,
and she will retake her place IS the
best feeder market in the country as
sure as this crop natures.
Sheep receipts are entirely too