The Minneapolis journal., 1904-01-23
CATTLE ON BASIS
Is TO SOC LOWER.
THE RESULT OF A WEEK OF
HEAVIER RECEIPTS.
Local Markets Relatively FIrmer
Than Chicago and Eastern Points
Hogs Higher Than at Any Time
Since Noyember-S Sheep Receipts
Run Heavier Than Last Week.

South ST. Paul, Jan. 23.-Receipts Of
cattle here this week total about $685..
compared with 3,244 last week and 3,2Id
the same week last year. This weeks calf
receipts were about 625 compared with
476 last week and 1856 the corresponding
week last year. There has been further
depression in beef and butcher cattle val
ues this week. Receipts at Chicago con-
tinued very heavy and the local market
followed to some extent the sharp declines
in values there. Prices now stand on a
2o@30c-lower basis than a week ago. In
this decline, common to fair warmed-up
steers and the lower grades Of she stock
show the most loss. During the week one
load Of good fed western steers brought
$4.65, but very few are coming that are
good enough to command that figure, and
most OF the fair to pretty desirable short
fed steers are selling from $3.S5 to $4.15,
with common class around So to $3.50.
It takes good butcher COWS to sell from
$2.S5 to $3.15, and the bulk of the ar
rivals are fair kinds selling from 1926
to $3.50. Old shelly Gamers are quoted
down to $l.10. Bulls are 15@25c lower
than last week. Veal calves are in good
demand at last weeks closing prices, with
most of the good kinds selling at $3.50.
Stock and feeding cattle market has been
slow, with prices tending toward weak
ness. The better grades Of 800 to 1000
quest and show little or no decline from
a week ago, while common light stuff is
generally considered 10@25c lower.
Hogs-Local hog receipts have dropped
off sharply this week. The weeks sup
ply totaled about 23.30O, compared with
81, ia last week and 22,031 the same week
| last year. The week opened with 5@1Oc
decline in values, but this loss was all
regained on the succeeding day, and with
a higher market Thursday and Friday
prices will show, if there are no quotable
| changes to-day, an advance of a full dime
over last Saturday. On Fridays market
a load Of choice 267-pound hogs sold at
1896, with the bulk from $4.60 to $4.75
The market is now higher than at any
Local traders advise shippers to watch
| the market closely, as somewhat lower
| prices are thought probable.
Sheep-This weeks sheep receipts were
heavy at all markets. The local supply
| totaled about 35,800 compared with 19. .O0s
last week and 2S,S56 the same week last
year. Prices have shown a sharply down.
| ward trend. A better feeling prevailed
| Friday, but no material advance in prices
was noted, and the week closes with val
| ues about 25@40c lower than late last
week. The decline has been most severe
on lambs and heavy sheep. A good class
| Of lambs now sell around IS to 5.25, with
| very, useful killers obtainable from $4.5(
| to $4.75 Good to choice ewes are quot.
able from 1925 to $9.40, and wethers from
$3.50 to $3.50 for the good to choice
kinds. Prospects are for a lighter mar.
keting next week and improved prices.
| Estimated receipts at the Union Stock yard:
to-day: . Cattle, Gait 125;;o calves 25; hogs, 1000
| The following table shows the receipts from
JAM l., 1904 to date, compared with the
same period in 1903:
Year. Cattle. Calves. Hogs, Sheep. Cars
1921 1921 -: 99,192 1,49d 02,139 s1,542 1,s3:
Inc. -. 487 313 1852 49, sci Il;