Phoenix weekly herald., 1898-01-20
LIVE STOCK REVIEW.
Better prices for Cattle and More Life
in tha Trade

Better prices for Cattle and More Life
in the Trade.
Cattle receipts exceeded last week
nv .. 400 but were 1000 short of a year
ago and too light to fill the demand.
There was some improvement in quail
ity but the supply is still largely COM
Dosed of unfinished stock for which
there should be no excuse for market
ing from territory so literally supplied
with corn as this. Hogs were freely
marketed the supply exceeding last
week by 1000 and a year ago by 1l,oOo
The general quality was good but the
proportion of light weights was so
small that packers are still compelled
to purchase 100000 ID hogs at other
markets. Sheep are still coming III
large numbers and the activity OF the
market demonstrates that the Dusl-
ness at this point has increased to very
large proportions and that the use OF
mutton as u food has been greatly en-
larged.
With somewhat larger supplies OF
beef cattle the market took on more
active tone and the addition of Armor
to the list of regular buyers was no
small help in making a good active
market Prices advanced during the
week until pretty well matured ana
right good beeves are selling almost
as high as at any previous time OF the
season. The inferior cattle are still
| selling low but have made some I'M
| FroS e1,lent, and the General market Is
| in the best shape it has Laep ofnce be
| fore the holidays. This fact should not
| cause a rush of cattle to market re-
CARELESS of whether they are fit or not
| however as the market for beef i'll
| both the east and across the water is
| in bad shape so that the outlet is sooI
Il a.TT Il
| surely follow. The only way to sue
cessfuly handle the business is to feed
until in marketa bic shape and let then
| come when ready, not keep holding OIL
! for some great squirt to come.
| The trade has been active in the COW
and heifer market also and good stuff
stiffened up but the largest supply OF
| the year SO far, on Thursday, enabled
buyers to cheaper up Il little although
the demand was large and the pen:
were we'll cleared. All stock of this
description are selling well, however
and indications are that the market
supply will not be excessive Bull:
held their own fully and We're ready
for sellers which was also true of yea
| calves.
With improvement in the fat cattle
came a revival of the inquiry for feed
ers and as supplies were email prices
advanced rapidly. The best inquiry
! being for yearlings and light cattle
| these advanced most and are now sci
ling at almost fall figures. 4 good
many warmed up cattle are also beins
| turned back TO the country at stiff
prices While some feeders consider
prices too high and go back home emp
ty handed there are more thar
enough buyers for all that are arriving
\ and TG6I1cfI0n no looked fOl
while these conditions prevail.
| Hogs are in as large demand as ev
er and Il considerable falling off il
supplies at other points gave the mar
ket a strong upward turn, closing pric
es being the highest of the winter
season and a full quarter higher thai
/ a year ago in spite of the fact that the
showing of western packing to date
as compared with a year ago of ovel
| LOCO, 900 hogs. Local weights are still
| heavy with Indications that they viii
continue so right through the season
and packers are still purchasing bacOI
hogs at other centerS because they can
not get them at home in spite of Il IL
| M15c premium being paid for the lat
| ter
| Closing prices ranged S3.45@S3. &C
with $3.50 the dividing line between
heavy and light to medium weights.
Sheep are wanted badly, as is being
daily shown by the easy handling OF
the large supply. Prices have ruled
firm to a shade stronger all the week
and rho 4Ixs>e et>sefs right at the tep
-Drover JournalI
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