The Minneapolis journal., 1901-05-11
FEEDERS MORE FIRM.
A Good Demand for Stocker Cattle
Through the Week.
BUTCHER CATTLE CLOSED EASY
Hogs Are Wanted-Sheep In Demand
bat Buyers Bearish-Review
of the Trade.

SOutn 81. Paul, MIMI, May ll.--ttOGS-1n6
supply OF hogs marketed this week at the
leading market points was not quite so lib
erai as during the week before, but was
considerably In excess OF the corresponding
week q year ago. At five markets the sup
ply aggregated about S55 900, against 376,g00
for the previous week, 2SS, 100 for the corre-
spending week q month ago and 306, 400 for
the corresponding week a year ago. Since
Jan. 1 receipts at these same markets ag-
gregate 6,501 800, against 6,174,O00 for the
same period a year ago or an increase OF
s27, 600 The supply here was just fairly mod
crate, totaiing about 1850, against 1911
for the week before, 1873 for the same week
month ago and 1861 for the same week
year ago. The fact that supplies were more
moderate than the week before caused
very light hucutation in values, but in view
Of the fact that packers are still striving
hard to draw prices down in line for the
heavy trade anticipated for June he'd some
weight in the condition OF values during the
last half of the week and as a result prices
at the close are 21ze to &c under the close
a week ago and about 371zc under the high
poins four weeks ago. The local demand
was very strong all week. being far In ex-
cess Of each days supply. Trading was brisk
and displayed snap and ginger - zach ses-
sion. Quality averaged only IA and aside
from few loads Of pretty desirasle mediums
ran largely to mixed grades. "a The close
the bulk sold from $5.571k to $780, against
IS 60 to S565 a week ago and $595 TO $5.9T13
four weeks ago.
BUTCHER CATTLE-Receipts Of cattle at
the five big arkets for the week were about
124, COO, against 12S, 800 for the week before,
112500 for the corresponding week a month
ago and 11S,70O for the corresponding week
a year ago. The supply here totaled about
. Q for v-po Of g
for the same week a month ago and 1852
for the same week q year ago. Conditions
east were generally unfavorable to the sell
ing interests and prices, as result, huctuated
considerably, with the close showing de-
cline of from 10c to 20c since Monday. Not
withstanding these sharp declines east the
market here ruled firm to a shade higher
early in the week, with the close considered
fully steady The supply of killing cattle
was far from meeting the wants of the local
trade and especially for the good to choice
corn-fed kinds for which the demand is ex-
tremely keen Quality Of beef steers was
only fair Two loads went at $3.50 and $3.50
and small bunch at IS, the bulk selling
from $40 10 $4.75 with good many selling
from 81 to $4.35. Aside from few head OF
butcher COWS and heifers that sold from
81 to S4.25 and five head of extra well finished
beef cows that sold Tuesday at $475, offerings
ran largely to common to fair quality. Veals
met a very good demand all week but prices
ruled 25c lower Wednesday and closed steady
with the decline.
STOCKERS AND FEEDERS-Trade in
stockers and feeders during the whole week
assumed an entirely different tone from the
easy going movement that has characterized
trade in this division so long. Daily receipts
fell considerably short of those OF tie week
before and the fact that there were more
BUYERS in the yards than for several weeks
had a tendency to sharpen competition right
from the start. The wants Of these country
buyers, together with the combined wants
of both regular dealers and order buyers,
was considerably in excess OF the daily sup
ply and as result Of the sharp competition,
prices were forced considerably hlgher. Inc
strongest demand was for the better quality
little yearling steers and on these prices
showed a gradual advance until Thursday
when sales were generally anywhere from 25c
to 5Oc per hundred pounds higher than during
the week before. Yearlings that sold from
SO. rs to "a last week sold anywhere from "a
to $40 this week and the demand still called
for many carloads more at these same hgures.
Feeding steers, of quality, sold reaolly at
prices only 10c to 15c up with many cases
where sellers thought was only strong Little
stock heifers also met ready demand, yet
competition for these was not so strong as
it was for little stock steers. Prices on
the better quality heifers, however, developed
some strength and sales were mostly at
10c to 15c advance over week ago, although
many sales were not more tLan strong. Any
thing that did not have quality was in slow
sale but at the close the yards are well
cleared. with nothing but few Of the ex-
tremely common tail ends left. Stock ana
feeding bulls developed some strength. The
demand was very good AMI offerings sold from
strong to 10c higher with cases possibly z9c
above a week ago.
SHEEP-Local receipts of sheep for the
week were decidedly small. Supplies DOM
east and south were only fairly moderate,
vet conditions did not look very favorable 10
the selling interests. The demand mere ior
both choice, fat, shorn lambs and sheep was
apparently very good, yet buyers, as rule'
were bearish in their views, and particularly
for both ewes and wethers They were gen
orally considering lambs weaker bat quota
tious did not rule materially different from
the sharp decline of the week before. Choice
fat shorn lambs were quoted at $3.50, al
though a few cases where city butchers had
urgent orders for few head, sales were MADE
at s4.55 and S4571s. Choice, fat, shorn ewes
develoned some weakness and while there
were very few received fresh in the yards,
some choice offerings out Of a local feed lot
sold at 81 go or 10c under week ago. Choice
fat shorn wethers developed the most weak
less BUYERS wanted them but were not
willing TO pay more than 4.10 for the choicest
ones. or fully 25c under sales of the week
before. The movement Of stock lambs and
ewes was extremely quiet, owing to the few
received in the yards. The inquiry for these
IN country account was limited, although
good quality offerings would have found ready