The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-10-31
BARGAINS IN BEEF
This Is What the Trade Says Of the
Stock Cattle Prices Of the
Week.
Packers Pounded Prices on Hogs
and Forced Them OFF 45c
to Soc.


cattle here this week total about 1890
compared with 1878 last week and H.
296 the same week last year. Calf re-
ceipts about ESQ against 1,072 last week
and 49S the corresponding week last year.
The trade on beef and butcher cattle has
been marked by very strong demand for
the good quality kinds from local packers
and in the face of heavy marketing
east, and considerably lower prices there.
local traders generally consider values
here on a steady to 10c lower basis than
a week ago for the good kinds. Offerings
have run very largely to common grades
of cow stuff and anything selling from
1925 down Is now going at a decline Of
fully 10c to 15c from a week ago. The
Gamer cow market at Chicago. Is in very
bad condition on account Of the strike.
Bulls have been of quiet sale with the
butcher grades holding about steady and
the low grade bologna bulls closing some
what lower. Veal calves are off from 25c
to SOC with the top grades showing the
most decline. It takes good calves to sell
at IS. Best mich cows have sold little
lower and the common kind are dragging
badly at a 81 to So decline from a week
ago. During the fore part Of the week.
there was fair inquiry both from coun-
try sources and local dealers for stock
and feeding cattle and prices on certain
grades were higher. During the last few
days, however, the demand has been very
feeble and values have lost the strength
noted early in the week and possibly more.
At present prices at which stock and feed
ing cattle are going, they certainly look
like good bargains.
,Hogs-There were about 1900 hogs
received here this week compared with
5,179 last week and 1857 the same week
last year. AS was generally admitted,
packers only awaited the arrival Of hogs
in somewhat larger numbers to pound
prices severely. The opportunity came
this week. Since Monday, prices have
declined 45c to SOC and if no changes occur
day, the week will close with the mar
ket on 40c to 45c lower basis than last
Saturday. It takes choice light and medi-
UNI weight hogs to sell now at IS while
the rough heavy packers are down as low
as $4,25. Some we'll posted traders are OF
the opinion that the bulk will be selling
around $3.50 within thirty. days and close
to the 81 mark by the first Of the year
The quality is running fair to good
Sheep-This weeks receipts Of sheer
total about So, 200 compared with GA, 78C
last week and 36,155 the same week last
year. The market has had a stronger
tone on god moutton sheep and killing
lambs while such kinds have made up {
very small quota Of the weeks arrivals
Good lambs have shown the most strength
and prices on such kinds now stand 15c tc
Csc higher than at the close Of last week
Fridays sales included a very good class
of native ewes selling at S2.75 and the bes
wethers around 1925. Feeder buyers
have been ready purchasers Of all the
good kinds suiting their purposes at firm
figures. Choice western feeding lambs
have sold up to $4.25, yearling feeding
wethers around 1925 to $685., and goo6
| to choice feeding ewes from 81 to 81. 30
A common to fair class Of feeding ewes !!
selling from $1.25 to s1.75. 30. q -
| E,stIp, cd ints r.. no
to-day: Cattle, 34o; calves, 10; hogs, 1,soo
! Tie following table shows the receipts from
Jan. !, 1902, to date, as compared with tn
/ same period in 1901: 80 = ~
| Year. Cattle. Calves. Hogs. Sheep. Cars
1903 .216 ,6e1 ss.s11 s554 .e7s 59se 81 1926
I 1902 .232,4OS 81 PAS 4T3, 346 42S.4s4 11,eo
Inc. ..s...... 1865 s1,827 172,127 1,41
Dec u57i7 :;. sno.. he rscs;nt. tbn
far in October compared with the same perio
! in 1902: 5st>7. So
| Year, ,: Cattle. Calves. Hogs. Sheep: cars,
1908 80. 61,o71 3,404 55,17s 24e971 3,es
1902 80. 52,466 29o7 1858 144.272 3,5l
Y,o .... ..a.-. dQ7-s & 69H ,105 AA7 AZ