The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-01-14
DECLINE IN HOGS
MAY COME LATER
ANY BIG RUNS WOULD LIKELY
WEAKEN PRICES.
South st. Paul Commission Men Advise
the Country to Do Business on a
Wide Margin-Cattle Trade for the
Week Satisfactory, with EARLY
Strength Here, but Some Later
Weakness Due to Declines in Eastern
Markets-A Liberal Run of Sheep
for the Past Week. ... Vs..

South st. Paul, Jan. 14-Receipts of live
stock at the South st. Paul market for the first
five days this week total 1915 cattle, 319 calves,
q 374 hogs and 29, 665 sheep, against 2, 748 cat
tie, 1853 calves, 23,171 hogs and 24,249 sheep
last week, and 1924 cattle, 476 calves, 81, LII
hogs and 1902 sheep for the corresponding
week last year. 49, ---. 49,. ..r .
The receipts Of cattle on the local market show
small GAIN but were light, compared with the
strong demands Of the trade. The market showed
strength on beef and butcher grades on Mon
day and Tuesday, but adverse conditions 10 tne
east on Wednesday, on which day Dig run OF
33, 900 cattle at Chicago caused a sharply lower
market there, responsible for WEAKNESS IN
the local trade. This soon diss1pated the gam
of the first two days Of the week. since w eones-
day trading has been conducted on STEADY Dasls
and the close finds prices very little olnerehe
from week ago, with the possible exception %
somewhat easier prices on the less oeslra9 o.
grades Of steers and COW stun. A strong oe-
| mand prevails for good, granted cattle, Du.
little of this kind is coming. some gooo 1eo
western steers sold on Monday at $4.1o,' ano
choice are quoted around 1925 to 5000. Com.
mon to fair warmed-up grades are selling Hom
So. so to $3.50. Bulls have been active al week,
and closed 1Oc to 15c higher. Veal caves are
selling firm with a week ago, tops going a. %.
There has been strong, active demand 1oi
stock and feeding cattle, and supplies have mol
| met the requirements. Closing values snow an
advance of 1Oc to 25c over a week ago. Wltn
good steers, weighing from 700 POUNDS up. snom
are quotable from $685. to 1910. common u
fair from 1925 to So. Good to choice stocke err
from ST. IS to $685. Common to fair W TO S2.oo
Stock heifers and stock and feeding bulls display
! an advance of from 10c to 15c over last week
closing.
| Hogs-The past week has seen continual 40
vance in hog values, with the single exception o.
| Wednesday, when the market declined OH
| nickel. Fridays trade showed an advance o.
| zoe from a week ago. Receipts have peen o.
fairly liberal proportions here and elsewhere
and are likely to continue large for the mex
| fev Sentiment u
future values has changed somewhat during Tn
| past week, and is less bearish than recently
Shippers are advised, however, to buy hogs II
the country on good margins. in anticipation o
a drop, which would likely occur in the event o
big runs on any one day. The bulk OF the nog
here on Friday sold from 81 .35 to $4.4o, ana IN
top was $465 for choice heavtes.
Sheep-The run Of sheep has been liberal dur
ing the past week, but very large quota Q
the arrivals were westerns direct to local teeo
ers, and the supply on the market DID not NEE
the requirements. Lambs are selling at las
weeks prices. Heavy sheep are closing abou
1Oc to 15c lower, in sympathy with declines o
this stock elsewhere. Two doubles of choic
lambs sold late Friday at 1913 and prett
good class around $685. Good to choice eve
are selling from 1925 to $40 and common t
fair grades from $3.50 to s.. Fat wethers an
\ yearling ewes made S. during the week. an
most of the yearling wethers sold from $500
$5.75. Traders are anticipating good aetiV
4 trade during the coming week. =
ceipts at the Union stockyards today: Cattle
1873; calves, 20; hogs 400; sheep, 6'4oo; horses
20; cars, 80.
Official receipts for the past week are as TO