Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-02-04
IS LOSING PRESTIGE
Chicago's Supremacy as Live
stock Market, Being Taken
by South Omaha
MAKING STRONG FIGHT
South Omaha stockmen Think the Fact
That Chicago is Compelled to Rush
Before the Interstate Commerce Com
mission Confirms Truth of Statement
Advantages of the Western Market.
pecial to Times-Republican.

!. est among the Stockmen at the Souti
= Omaha stock yards is conferred in tn,
n fight which Chicago is conducting be.
5 fore the interstate commerce commits.
D sion against South Omaha in an at
: tempt to maintain the supremacy whict
Chicago has hitherto enjoyed in tn.
live stock world. The general impress
sion is that Chicago has seen the hand
writing on the wall and that with the
passage of time, as the center of pro-
duction moves westward, just so rapid
~ will the marketing centers of tic
west take the place of those of tn,
east.
Chicago as live stock market is be-
| lieyed to be fast losing it's prestige in
favor of the Missouri river marts, be-
cause of the conditions which western
shippers are compelled to face and
which become worse with each month.
With live stock receipts ut Chicago far
! In excess of the demand at that market,
4 shippers are beginning to learn that It
does not pay to take chances at Chicago
markets when at Missouri river points.
/ 500 miles nearer home. there never ex-
4 lists any danger of stock being held over.
A glance at the market reports in the
Chicago live stock papers discloses a
condition which never exists at the
Missouri river markets. Every day IS
chronicled the fact that several thou
| sand head have been carried over from
one days receipts TO again enter into
competition with the stock received
next day. The shipper who is thus
compelled to wait on the pleasure OF
| the market is the western shipper.
whose cattle travelling long distances
and being usually roughly fed, can not
compete with the finely bred and highly
| finished cattle raised in the vicinity of
the Chicago market.
| The fact that Chicago is compelled
to rush to the interstate commerce
commission to tell its tale of woe OF
growing loss of prestige is significant
of what is to come. say the South
Omaha stockmen. The degeneration
Of Chicago must advance as the growth
of the markets along the Missouri river
advances. Western shippers are rap
idly learning that the great rush of live
stock to Chicago is the condition which
unsettles prices. Heavy receipts there
enable the forcing down of prices by
the Chicago packers, the only buyers.
In consequence the effect II felt thru
out the country. Western markets are
compelled to meet the reduction and
thus half dozen men at the lake side
control prices of the country. If re-
ceipts at Chicago are light, the packers
are compelled to pay higher prices and
this price then prevails turnout the
United States. If therefore western
cattle are sent to Missouri river points
the question of their being held over Is
not only avoided, but the depletion of
the supply at Chicago will force up the
prices at Sioux City. South Omaha, st.
Joseph and Kansas City.
Stockmen at South Omaha are conf
dent that the appeal Of Chicago for
more favorable rates for itsel. and
which would discriminate against the
Missouri river markets, will remain
unanswered and that another year will
witness revolution in conditions
which will result in placing the Mis-
souri, river points far ahead of the
Windy City as live stock points
Trade conditions at South Omaha are
about rs usual. Asked by your COR
respondent for statement for the close I
of last week and the possibilities OF
the present and coming week, Clay |!
Robinson & Co., said:
NO notable features are to be re-
ported in the cattle trade. Last weeks
depression which put the market in the
lowest notch this season, was caused /
by the liberal receipts and most I'M
seasonable weather The decline un-
cut off large number OF
cattle that We're to come and as a re-
suit a reaction has taken place and the
outlook for the coming week is at least
fair. All our local slaughterers are
good buyers but with plenty of cattle
to come forward there seems to be
little chance for any material advance
The cattle feeding business this year
Is not proving remunerative In fact,
with many, it is losing game ana |,
those who have supplies in their lots
seem to be waiting for favorable days
to unload. Never before have we re- !,
ceived such large numbers of cows.
ast Mondays receipts numbering 1000
head out of the 6.000 cattle offered for I,
sale, being an instance of how UNI
evenly the classes are divided. This
Fact has proven very bearish feature
TO the butcher stock trade. We can
lot help but believe that the receipts II
Turing the early summer months will
DC much lighter and at that time prices
Will look up considerably for all grades
If killing stock but the situation up
% that time is not any too encourag-
ng. There is q very good demand
very day for stockers and feeders and II
ne output from this market this year j
10 far Is considerably better than year
lgo. The receipts seem to be short of
requirements and as a CONSEQUENCE
.rade in this division is very salts
Hog values are still satisfactory,
md with operators believing firmly in
he scarcity of supplies, there is a firm
ceiling. The top price Monday was
$50 for one load OF 347 pound hogs ;
Supplies of sheep from the feed lots {
rave been only moderate and all Of
erings have been quickly absorbed at
strong figures. A few Colorados are
oming and are selling at very salts
actory prices. The top for fed native
ambs is cents. top for western be-
ng $3.50. The outLut of the feed lots
s getting better in point of quality
light along and there is no doubt but
What the sheep trade will be In good
shape turnout the spring. I,
Beckwith. Quinn e Co. of Evanston.
Wyo.. sent in some good lambs and a IL