Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-09-01
WESTERN MARKET LETTER.
Special Correspondence.

Special Correspondence.
Kansas City Mo-, Aug. 2S,--The cattle
division of the livestock market here
continues 60 be the scene OF greatest ac-
tivity. The movement OF range stuff
Is on In full swing, the stocker and
feeder divisions being loaded to the
guards every day now, which, how
ever, VIII be the normal condition OF
that end OF the yards for the balance
of the season. The declines Indicated
week ago have been steadily added
TO the present week until yesterday
when apparently bottom was struck
and today there has been the first sign
OF health for ten days.
Quarantine cattle have been very lit
tie lower especially steers, as the
Stonebraker steers have sold at 1890
on three different days within ten DAYS,
and sold again today at the same lig
ure, Southern cows have declined 20
10 25 cents in ten days, the Rachal
cows selling on different days from $3.50
down TO s2,7o yesterday Veal calves
hold up phenomenaliy In the face Of big
erceipts, showing more strength this
week than last the supply being re-
duced somewhat, Several lunches sold
at 1915
The total supply for the week
amounts TO about 10000 head includ-
ing 5000 calves Other markets re-
ceyed abnormal supplies, except Chi
cago, where there was a light falling
of. Buyers continued to WELD their
hammers successfully on corn cattle
and fat grass cattle the first of the
week, but today the worm turned, and
statesmen held the whip hand. The de-
cline on good cattle Monday and Tues.
day amounted TO 10 to q cents, We'd
nesday they had n better day. almost
holding their own, and today they ad-
vance 10 10 20 cents, on greatly dimIn.
ished receipts, She stuff especially fat
cows. have not suffered much this
week, as receipts Of these have not
been excessive. and the market on this
class has been comparatively even.
Country buyers have been fairly
plenty this week, but have insisted Oh
lower prices, but statesmen We're slow
to give way, and the result has been
a hesitating market with uneven de-
clInes every day. and yesterday a great
many bargains We're picked up Steers
that sold at 81 and s425 a week ago
were slow sale at $500 to 1915 this
week, and the heavy feeders that have
been holding up SO well came In for a
few knocks. and are 80 to 80 cents low.
ar There II a better feeling today,
however. and plenty OF buyers In the
field, and the clearance for the week
win be good. With day or two OF rest
and sunshine the stocker and feeder
situation win be on the high road TO
recovery. the hardening corn and rank
yrowlng pastures putting confidence
and ginger into the country buyer.
Sheep receipts are running very
heavy, as the movement from the
northwest Is at Its height, some OF the
northern markets almost experiencing
glut The general market holds a.
well, however, as feeder buyers are 80
anxious for supplies that they meet
the arrivals In the alleys and bid ac-
lively against the Killers on anything
at all acceptable as feeders. The mar
gin between feeding stock and killer.
Is very narrow, and In some cases en-
tirely eliminated. Utah feeders, weigh.
Ing 70 pounds. sell at $40. A bard o,
Idaho feeders, with fair proportion
OF yearllngs, sold today al S355. some
southwest ewes, II pounds. sold at $40
and some southwestern stock lambs. So
pounds. az the same figure Western
wethers So to % pounds sold nj $500
TO $50. Top lambs, S5,75. Receipts OF
sheep for the week viii be 80 600 and
for the month OF August nearly double
the supply OF August year AGO. Tho
feature Of the market is the manner In
which the packers are held In line BY
the feeder buyers.