The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11
CHOICE HOGS IN
SIOUX CITY PENS
PRICES LIKELY TO HOLD ABOVE
THE $3.50 LEVEL.
Southern Cattle in Transit Pass Thru
+ "A Poor Stocker Clearance for the
Week and Prospects Little Uncer-
tain-Fat Cattle Do Well and
Close Very Firm.

Sioux City Stock Yards, Sioux City,
Iowa, June 11.-Receipts were 1900 head
this week, but included 4,200 head of
southern cattle in course of transit The
number of cattle actually on sale was $500
head, or 900 more than last week With
liberal supplies on Monday the market
ruled active, with values fully as good as
last week, and the dealers were eager
buyers for the available offerings. Year
lings and good quality stockers sold at
$4@4.25 and it was not hard to get these
prices for anything having any pretense
to quality. Big strings Of fair to good
steers changed hands at $4,000. The
heifer market was also in good shape and
the market generally was at the high
point Of the season. A very poor country
demand was reported by the dealers on
Monday afternoon, and by Tuesday there
was bad reaction in the market. The
trade opened up with little demand from
the dealers, who had their purchases of
Monday still on hand and from that time
the market went from bad to worse.
Shippers lost money on their stocker cat
tie and values are generally quoted 15@25c
lower than Monday on the most desirable
Of the offerings, while other grades were
hard sellers and ranged from 25c to 40c
below Monday. The dealers have made
very poor clearance this week. and
prospects for the coming week are any,
thing but bright. This condition Of af-
fairs Is reported about the same from
other markets, as the pastures are about
filled up with cattle.
The fat cattle market closes the week
In very satisfactory condition, and the
| good quality beeves and butcher stock
are generally 10000 higher than the close
| of last week. Beeves sold this week from
$3.50 to $5.S5, and nothing of strictly
choice nature was received. The light
weight fair quality cattle sold at $5@5.25.
In butcher stock the best sold at $4@4.75,
with the fair to good cows at SO. 90 @3.75.
The packers were eager bidders for the
available offerings, and the advance Of
| the week has been entirely on the above
class Of cattle. Gamers or anything
showing grass sell at a wide margin from
the good cattle at prices ranging from
$1.5O; to $3.50.
Hogs-Receipts have shown falling
off from last week, and with $4,000 hogs
on the market the supply is 4,500 short
| Of last week. The tendency Of the mar
| ket has been upward and the advance is
i due to the higher marketing Of cattle
| With hogs selling from $500 to $3.50 the
market shows an advance Of soc over the
opening day Of the week and quarter
higher than the close a week ago. The
quality of the hogs continues good. Val
ues have reached their low point, in tho
opinion of those in the trade, and dealers
do not look for hogs to sell again below
the $3.50 mark for some time, altho lib.
eral runs will possibly bring severe
breaks.
CHICAGO LIVE STOCK, june 11.-Cattle-
Receipts, 500; nominal; good to prime steers
$6.25@6.5O; poor to medium $4.75@6; stocker
and feeders, $3@4.70; cows, $1.75@4.5o heifers
$2.5o@5;25; Gamers, $1.75@2.75; bulls, s2.5o@
HogsMReceipfs to-day, 10000; Monday, 90
900; strong; mixed and butchers, $4.sO@4. 95
good to choice heavy, $4.90@5; rough heavy
81. S5 ga 95. 49,
sheep-Receipts. 1000. steady; lambs steady
! good to choice wethers, $5@5.50; fair to choc
mixed, $3.75@5; western sheep, 81. 50@5. So; na
tive lambs, 5000; western lambs, s5.5o@8.50