The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-04-29
LIVESTOCK PRICES
SHOW HEAVY Loss
A WEEK OF CONTINUED DECLINE
IN EvERYTHING
South st. Paul Windup Shows veals
SOC to 81 Under Recent High Points,
Bulls 5oc Lower, and Butcher Stuff
25c to 50c Off-Hogs Just as Bad,
and 25c Off for the Week Sheep and
Lambs Also on the slide. Despite the
Light Receipts. s.ia

South St paa April 81 line
calves, 1893 hogs and lib sheep, compared
with 5000 cattle, 2,0s1 calves, 1854 hogs
and $500 sheep the preceding week, and 3,139
cattle, $50 calves, 1880 hogs and 5000 sheep
the corresponding week last year.
Cattle receipts have been moderate but in
spite Of that fact there were declines in all
classes Of killing stun with the exception Of
fancy fat cattle. Packers being overstocked
with beef, and having limited outlet for their
product, were not heavy buyers during the
week, and the result was that prices began to
fall at the opening, and the decline continued
turnout. Values are from rs to 50 cents lower
time. The quality of the offerings has been
of common to medium grade, and the demand
being light, the market has been generally
quiet, the snap that was the feature Of the
trading for several weeks back being entirely
lacking. Beef and butcher steers sold as high
$565, on wednesday nothing went over $3.50,
Thursday nothing sold over SIS, and Friday a
bunch Of western stuff brought $4.75. Butcher
stuff holding fairly steady until the middle Of
tho week, when declines were: noted Gamers
and cutters have been on the market In large
numbers this week, and sold down in sympathy
with better grades. Bulls have ruled weak and
in some spots were 25c lower. Veals have been
very quiet and declined SOC on good kinds and
81 on common to poorer grades. Z. r., + Il
Stockers and feeders have generally been quiet
during the week, traders reporting very UNI
satisfactory market. The bulk Of the supply
has been Of the common class, while orders
have specified the better kinds of stock and
feeding steers, feeding COWS and stock he1fers.
Values declined generally on all kinds Of stock
ers and feeders in sympathy with the beef trade
and the drop has been from 25@50c. There
is no lack of demand for good feeders, but that
kind has been scarce. Traders report that good
feeding stun will find a ready outlet. .
Hogs.-With the exception Of Monday each
day Of the week has seen declines in hog
values, and the close of the week finds the
market 25c lower than at the close of last week.
Influenced largely by the speculative grain and
provision markets the decline has been contin-
uous. Following last Saturdays market, which
was quoted steady to strong. Monday opened
strong to &c higher, and Tuesday opened steady
but values dropped nickel. On Wednesday
two declines came in the session, and the mar
has continued, a nickel being dropped of each
day. Shippers who have been on the market
during the week with mixed loads that have
not been properly partitioned, have lost 10c per
hundred, buyers insisting upon the discount,
because Of bruises sustained by the hogs shipped
in that way. The general tone Of the market
is bearish, and with the prospects of Increased
shipments, further declines may be expected.
Sheep.-The market during the week has
been very quiet, not enough being offered to
furnish test. Prices on common to medium
sheep and lambs have declined Is to Doc. Pack
ers have drawn their supplies from the feed
lots on contract, and the arrivals have largely
gone to the feed lots.
Estimated receipts at the union stockyards to.
day: Cattle, 1870; calves, 60; hogs, 1,4oo; sheep,
The following table shows the receipts from
Jan. i, 1905, to date, as compared with the same