The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-07-23
HOG PRICES HURT
BY The STRIKE
TRADE BROUGHT TO sTANDsTILL
.5s BY RENEWAL.
Sioux City Cattle Receipts Lighter
This Week-Country Demand Not
Good-The Fat Cattle Market Also
Badly Hampered by the Labor
Trouble Uncertainty.

Sioux City StOckyards, Sioux City, Iowa.
July 23.-Cattle receipts at this market
footed up 1890 head which was about 600
less than were actually on sale last week.
The number of southern cattle passing
thru to the northern ranges comprised
only SO cars as compared with 145 cars
last week. The unsettled condition Of
the strike situation has affected all mar
kets and even the stocker trade was
somewhat under the same influence. The
demand from the country has not been
good. Trade turnout the week has been
dull and dragging and prices ruled gem
orally 1O@25c lower with the common and
lightweight steers taking the bulk of the
decline. There was nothing Of strictly
choice nature received and the best Of
the heavier steers marketed sold at $3.50
@3.50, with the fair grades at s3@3.25.
Common steers sold as low as 1925. The
heifer market, with only a very light sup
ply has been slow and values are 100
15c lower than last week Dealers have
managed to effect a fairly good cleanup,
but prospects are not bright for brisk
market the coming week, altho the time
for the fall trade is approaching, when
business will pick up somewhat.
The strike situation has hampered the
fat cattle trade, but owing to the very
light marketing values regained the loss
made last. week and prices were steady
with those being paid before the strike.
The welcome news Thursday that a set
tlement had been made and that the men
would go back to work Friday caused a
better tone to the trading, and the pack
ers were out picking up everything there
was to be had. On Friday morning early
the packers were again on the market
but as soon as the news was received OF
the resuming of the strike and that al
negotiations had been broken off the buy
ers We're ordered off the market and from
that time trading came almost to 8
standstill. Later the few cattle unsol6
were bought up by spectators and ship
pers at 15025c lower than the earlier
part of the week. Beeves sold this week
from IS to 1915 and the best Of the
butcher stock at $4,000, but the bulk Of
| the COWS and heifers received were or
the grass order, selling from s2.75 to $3.50
Gamers sold at the same old figure thru
out the week at $1.50@230.
Hogs-The packers have been on tn,
market this week each day for mod
| crate number and the supply has beef
we'll taken care of. With the heavy re
| ceipts at other points on Thursday TIL
strength in the market early in the weel
| was mostly lost but there was a bette
tone to the trade on account of the pros
poets for the settlement Of the strike. Oh
| I1udy DOl1I taI4llOuI dIlu I'D ouudu
Packing companies were on the marke
and bought up the offerings &c lower. TIL
| news arriving that the men had agail
| walked out resulted in the markets com
ing to a standstill and the packers buy
ers were at! once ordered out of the trade
I Orders were wired for and received 70
shipping account and the closing marke
I ruled 15c lower than yesterday with sale
mostly at s49o to s4.95, which was zoo
| Csc lower than hogs were selling for o
the high day of Tuesday of this week
Shippers in the country are being advise
to keep in close touch with their commits
sion men and to hold shipments unit
matters are again brought down to a SET
tlement. ID
: Receipts-Cattle 500; hogs. 300.
Hogs-Shippers buying 10c lower. Sales: 6
2eo lbs. $3.50; IS, 239 lbs, $4.s71a 81. 2;
lbs. So. @&
Cattle packers: out IS! Sales , b se
cows and heifers, 7so lbs, $3.50; cows al
ers, 800 lbs. 3d. 1 stocker 920 lbs, $3.50;
S275; L., 500 lbs, 1925; yearlings, 6
, lbs, So so.