The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-10-24
PRESSURE ON PORK
Buyers Knocked Off Hog Prices
Early and Held Them Lower
All Week.
Good Beef Sold Well but the In
ferior Grades Were Hard to
Move.

II ..,.t
South st. Paul, Oct. 24.-Cattle-Re-
ceipts here this week total about $1,000,
compared with 1887 last week and 1871
the same week last year. This weeks
calf receipts were LOO, against 691 last
week and 1923 year ago this week. All
markets have been heavily supplied and
values on beef and butcher cattle have
been forced to a still lower notch. Wmle
the market has held up very well on any
really good beef or butcher cattle, common
killing steers and the medium cow stu1f
has shown decline Of from 10c to l5c
from the close Of last week, and old shelly
Gamers, are generally quoted 15c to zoe
lower. The supply of western cattle has
been large. but arrivals have included a
very small percentage of good killing
grades, the bulk running to stockers and
feeders. The market has shown a slight
decline in sympathy. with native cattle
values. Bulls have been Of slow sale at
a decline Of 15c to 25c. Best veal calves
have sold about steady, with the tops
still going at $3.50 Common heavy calves
are closing dull at a Csc decline from a
week ago. Best mich COWS and forward
sprtngers have been, in good demand at
firm prices, while the common kinds and
backward springers. have dragged at as
low, figures as, at any time this season.
Stock and feeding cattle have met with
poor country demand and are selling at
the lowest point. yet reached The best
feeding grades have sold to good advan
tage, but most traders call these kinds
som what lower than "a week ago, and
native stock cattle, unless of choice quail
ity, have sold 15c to:t25c lower, with the
comm on kinds getting the full share of the
decline. It takes a good class of stock
heifers to sell at $1.75, and such as are
going at .$1.50 are of fair quality. Stock
and feeding bulls have found a poor out
let at a decline :of l5c to 25c. :: u
Hogs-There were about Is, 900 hogs re-
ceived, here. this week, compared with
10, 1923 last week and 1854 the CORE
spending week last year. Packers gave
the market another severe jolt on the
first commercial day of the week, values
showing a full Csc decline on that day.
Prices were reduced Be to 1oc further on
the succeeding day, after. which time re-
ceipts became lighter and the market
strengthened, showing an advance Of SC
to 10c Thursday. If no material changes
occur to-day, the week will close with the
market on about a Csc lower basis than
Saturday of last week. Packers seem
determined to get values on, a lower basis
and prospects indicate an increased move
nent and a lower. trend in prices There
spring pigs is maturing =
- Sheep-There was about 81, 300 sheep re-
tcelved here this week, compared with
,63,546 last week: and %, 759 the same week
last year. With heavy receipts at. all
points, prices have slumped off badly. The
week closes with mutton grades showina
a decline OF 25c to 35c from ruling prices
at the close Of last week, while killing
lambs show about as much loss. = It takes
To all. ~
200, and a. fair class of killing ewes are
selling around $2.35@2.50. Good sorted
lambs are going at $3.50, and it will take
something very choice to bring better than
$3.50. A large percentage Of the big run
has been composed of stock and feedine
grades, on which prices have ruled gen
orally r25c lower than last week. with ,th,
inferior native stuff showing even more
Decline ~ ~ srsah.y@ .t.1'S'.s,. ="
Estimated receipts at the union stockyards to-
gay: cattle 1,60O; calves, %; hogs, 2, 1907 sheep
1900; horses, 81; cars. 100. .>.' -
The following table shows the receipts from
Jan; l. 1903, to- date, as compared with the same
1 Xsar Salts tile eayes sg shesp
1902 22lssl sess 4ss 7sS SCI $50 17t
b 1Rs: -: i7s;s 1872 1855 l5sss2 lie;
The following table shows the receints TINS
far II October as compared with the perod
9 HssF est sss ea qss az ,ssaesg
1862 9,aiS 2sSs ss,S7S i ea7gs 5 22f
4 bs:. 49,: ;a:asi 5o4 1851 S7557 81
onieiai receipts for the past week are as fol
| lows: s.; :. = -
Date. Cattle. Calves Hogs Sheep Cars
9et Il Il $sS e 1 1s4s ss53 i;
9 9et % 70 2ss $SSe 2s seS IS IS
Oct: q ........1,o 2e 147 2,915 APP 9!
9 Oct: q q 49, az a LIZ 1Sd des
Railroads entering the yards reported receipts
for the, day by loads as follows: - .'.'.>>
Chicago Great Western, 4; Chicago, milwaukee,
st. M NdfhsrS P s ko4s
cage Burlington ton = >, Quincy, l. Chicago Rocl
r, DISPOSITION Of stock Friday y Oct ,2s s,o,,
Sw! # McG G2 ;': :::: 1.i LIS. 222, 81
Y + na %sasSn' ;i:: =: i :: $
[. Gottfried .......... :, 4 IL
): B E. Fitzgerald 49,: e e -: :::
Country buyers ....... 553 ~. 3,12
Totals .............. 7ss 2,164 $40
Date. Az. W.T.. Av. Cost. Price Range
Oct: 19 ::: 81 sS SS$ $5 S9@s g g
81 s $500: $3.50: IS 81 81 1854
Oct %. .,. 213 521R 47S15.5
Prices are big &c to 1Oc lower. Receipt
fairly liberal for Saturday. Quality is generall
not considered as good as yesterday Price
ranged $4.75 to $5.4O: bulk, S. to $500; commo
to good heavy hogs quotable for $4.70 % 500
I fair Mixed $4.95 to $685. good to choice ligh
mixed, butchers and fair to choice lights fror
Hogs@s4, 51s5 lbs. $3.50; 4s, 1917 lbs, S.. 40
50. 1875 lbs, 1925; 3d. 200 lbs. $3.50: 121, %
lbs, $500; 81, 2O3 lbs. $5.O5; %, 141 lbs $5.15
81. 215, lbs. $40; ~, 345 lbs, 81 So; 81. %
lbs, IS; 10, 275 lbs $500: 10, 1868 lbs, ,$4.75.
/ Odds and Ends-.; 246 lbs, $5.25; 6, 2S3 lbs
81 .95; 4, 1872 lbs, S4.s5; 9, 231 lbs, $3.50; g
500 lbs, $3.50; 6, 321 lbs. $4.75. =.
Pigs and Underweights- 1O5 lbs, $4ss5
%. 81 lbs, $3.50; 3, 80 lbs, 81 so: 49, 81 lbs So
| Stays and Roars-1, $40 lbs, $4.75: l. $50 lbs
i 1925. 1, $50 lbs 81; l, ,521 lbs, $3.75; l, 80
/ lbs, 50 80.
/ SCATTLE-The, receipts were composed mostl
| Of western rangers. The market showed tn
usual Saturday quietness, with no quotabl
| changes in prices any kinds. The yards ar
/ fairly well cleared of the weeks arrivals Sales
| Butcher cows and heifers-1, $50 lbs, 50. 90
1.>1.150 lbs, $3.50.
Cutters and Gamers, 1000 lbs, $2.15;
1,15O lbs, So; L. 800 lbs, $1.75; 2, $50 lbs, $15
Veal Calves, 12o lbs, So; l, so lbs, 81. SC
i t. 100 lbs, So.
Stock. and Feeding Steers-e, $50 lbs, 50. 2E
10 S. and H., 5O3 lbs ST. so; 2, 800 lbs, ST.
Stock Cows and Heifers-1, $50 lbs, 50. S.
Gamble Rf,h