The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-09-14
Movement of Cattle Very Heavy,
ButPrices Are Maintained.
WINTER ANTICIPATIONS
FEARS OF BAD WEATHER MAY IN
CREASE SHIPMENTS.
Large Increase in the Number of
Hogs Packed This Season-Sheep
Trade More Lively Than at Amy
Time During the Summer-Newsy
Notes and Personals.

The movement Of range cattle continues
heavy, with prices steady to higher. In
fact traders have never known the mar
ket in a more healthy condition than it
has been for the last month. Prices are
low, it is true, but the heavy runs seem
to have but little effect on the prices, and
buyers appear to be able to handle all
that is offered at the prices prevailing.
The market in Europe has not changed
nickel in some weeks, and American
beef is quoted at 10 to IL cents net weight.
Exports continue heavy at higher prices
than have prevailed for six months, while
the movement of stockers and feeders to
the home feed yards is something I'M
precedented, and prices have not
changed though the offerings are so
heavy. for which the trade is very thank
full.
Good feeders, three and four years DID,
are selling at from $40 to $3.50 per 100
pounds, fat steers $40 to $3.50. These
are good prices considering the hfeless
cond1uon of all other branches of trade
just now The anticipated coming hard
winter by the stockmen of Montana and
the Dakotas, may cause much heavier
movement than would otherwise pc eX-
per1enced, and may force down prices
should money matters get any more tickle
than at present. Old settlers claim that all
signs point TO repetition of the winter
OF 1896, which destroyed in many locali-
ties in Montana fully 80 per cent. of the
cattle and Sheep and left bankrupt many
old and experienced ranchmen. 1t is hoped
no such scare will take serious shape
among our northern neighborS chiS season.
The trade is pestered a plenty now, and
should they conclude to move any guam
tity of the large range herds the market
would be hammered out of sight, and the
result would be serious.
HOGS AND THEIR MOVEMENTS.
A total of 225, GOO hogs represents the
killing of western packers the past week,
compared with 100000 the preceding week,
and 165, GOO for the corresponding time last
year. From March 1 the total is 1856 600,
against 6,075,000 a year ago. The week
shows a gain of $4,000 for the week, 1880 900
for the season, compared with last year.
Prices have been moderately reduced.
The reduction in manufacture for sew
eral weeks past and the liberal distribution
of product are bringing about decided de-
crease in stocks at the prominent mar
kets but the fact that remaining supplies
are large, with the prospect of fairly good
onernss Of hogs right along, operate
against such an advancing tendency as the
trade has been hoping for. Other causes
have had share in checking speculative
interest in these and other products, and
the prevailing belief is that there is likely
to be a continuance of the restrictions in
trade matters for some weeks or months
to come.
mere was quite Qecl1ne IN the visible
stocks of lard the past month, notably so
at Chicago and European markets, while
the recent large clearances for export
made an increase in the supply afoat
The aggregate, however, marks a decrease
Of 5000 for the month, which would be
quite a strengthening element in the mar
ket but for the exceptionally large supply
remaining in sight. The past weeks ex-
ports were again liberal of lard and were
large of meats. The markets have prob
ably seen their low points, and unless
monetary matters interfere there should be
expected some degree of shaping toward
higher values.
The weeks export clearances of hog pro-
ducrs compared with the corresponding
time last year were as follows: