The Minneapolis journal., 1903-10-10
WALL STREET NEWS HOGS LOSE HEAVILY
Declines Of 45c to 65c Recorded at
South St. Paul, and Losses Of
y
$1.o0 in Chicago.
Cattle Show Little Improvement
Altho Receipts Run Lighter
This Week.

South St. Paul, Oct. 10.-There were
about 11100 cattle received here this
week, compared with 16,947 last week and
1654S the corresponding week last year.
While all markets have been more mod
erately supplied than last week, prices
on beef and butcher cattle have shown no
improvement and values at Chicago have
declined to the lowest point yet reached
this season. Native offerings included
practically nothing Of good quality, and
the western stuff ran very largely to stock
and feeding grades. Several loads or
good western range steers came in yes
terday and sold at s3.65, and good cows
brought 1925. The bulk of the native.
she -stuff is selling under s2.25. Bulls
have sold about steady. Veal calves have
been in strong demand with prices firm.
Good grades are. selling readily at $3.50.
Choice milch COWS have held about
steady, but the bulk of the supply of
dairy stock had to sell at a decline Of
50 to SO from last week. The market
on inferior stock cattle has been in the
lowest notch for several years, with prices
generally 10c to 15c lower than last week
on all common to fair kinds. Few good
feeders have been received but the mar
ket was somewhat stronger on the little
that did arrive.
Hogs-Receipts of hogs here this week
total about $780,, against STA last week.
and 10, 1863 the same week last year. Altho
the supply Of hogs at the various large
markets, Will foot up one of the smallest
weeks Of the year, values have declined
very sharply and the prevailing sentiment
among packers is that prices are still too
high and further declines are looked for.
At the close Of Fridays trade the local
market showed a decline of 45c to Csc
from last Saturday, with average prices
about 55c lower. It takes good light
butcher hogs to sell at $3.50 or better,
and rough heavy kinds are going as low
as $3.50. The bulk Friday sold from IS
to $5.40. Other markets have shown a
still greater decline, and light hogs sold
Thursday as much as 81 lower than Mon
day at Chicago. -
Sheep-There was, a, heavy run of sheep
here this week. The receipts total about
81 900, compared with 36S57 last week
and 28,98S the, corresponding week last
year. A good share of this supply ran
to feeding grades, among which old thin
ewes predominated. On the latter class
of offerings the market has been very
dull and a big 25c lower. The demand
for desirable feeding wethers and year.
| lings has continued good and sales of
such kinds have been made at steady
prices. Mutton sheep are now selling
steady with the close of last week Some
| good western wethers sold as high as
| s3.35 Thursday, and a fairly desirable
class of western ewes brought So here
| Friday. Most of the native ewes for
slaughter are selling from $2.75 to $3.50.
| The lamb market was somewhat lower
early in the week, but the strength was
all regained during the latter half of the
week. Choice lambs are quotable up tc
$4.75 and a useful class are selling to the
killers at s4.25 to $3.50. Feeding lambs
Of good quality are selling largely around
$3.50 with the bucky lambs out.
Estimated receipts the Union Stockyards to-
day. Cattle, 900; calves. 35: hogs S75 sheep
Z, 300. cars. 129. - ::
The following table shows the receipts from
Jan. 1, 1908, to date. as compared with the same
1 period In 1902:
Year. Cattle. Calves. Hogs Sheep. Cars
1908 :. 1856 SO. .2a7 511.51S 41S,361 16 49,
1902 lbs. 1886 50, 516 436,135 $50 967 156 62;
Inc ......-.... ISL 1888 81 1894 .75s