The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1906-11-30
80 - -.
Excessive Supply rs Chicago Influ-
eneed TIE Eaosss CITY SuUpIE.


Kansas City Stock Yards, Nov. al
There was a slight Interruption yes |
terday in the very satisfactory trend /
OF the cattle market prinipal reason I
for which was an excessive supply /
and a bad break at Chicago. The To-
cal supply was moderate at 1900
head. but beef steers sold to Is low
CT. Cows remained about steady, and
stockers and feeders sold strong to
10 higher Today the run is $1,000
closing prices Medium cows closed
last week with a small loss, but gen
orally the market appears TO be on a
firm basis The best cattle here in
the last week sold at $3.50, finished
cattle from $500 upwards, short fed
steers $4.25 to $40. grass steers $3.50
TO $500, COWS $3.50 to S4-25, heifers
$500 to S5-25, Gamers $500 to S2-60,
bulls $2-25 70 $3-85, vesls $3.50 to
$3.50, heavy calves $500 70 S4.25. Cat
Der show shortage OF Il per cent
as compared with last November,
while prices are 40 to IS cents per
hundred weight higher than then. The
break on fat cattle yesterday is re-
garded as temporary. as shown by the
fact that good feeders sold higher in
the face Of the lower prices for fed
steers Feeders range from S3.50 to
$4.75, with comparatively few cattle
above $40 stOckers S2-75 to $3.50,
bulk OF the range stOckers and feeders
$3-85 to S4.25. Supplies Of range cat
tie viii keep coming well into Deem
Der this year
The packers have had it their way
In the hig market since last Friday,
securing a decline OF 20 cents up to
today. The market today is steady,
closing prices a shade stronger, bulk
Of sales $6.05 to $50, which is a lit
tie better than yesterday, top $6.15,
supply today $4,000 head. Receipts
OF hogs are 20 per cent short OF No
vember last year, and packers have
not had any real good chance to bring
about the usual November declines
this year The market can stand larg-
er receipts without further losses, as
there is no accumulation Of product
in the hands Of anyone.
Sheep and lamb receipts are small
and confined to medium class fed
stock. Prices are tending upward,
but the market is not fully tested very
often Good fed natives sold at S7.35
today, fair to good lambs bring $3.50
to S7-15, yearlings up to $6.25, wethers
lambs at $3.50 to $500, and stock
sheep at 1918 to $500, are available
but supplies Of this class are growing
scarce. Prospects look favorable for
stronger prices for desirable fed stuff
@. A. Hayes Of Sharon Springs, Kan,
| IS one Of the early settlers out in the
extreme western part Of that state
Mr.. Hayes owns 5000 acres Of land
and carries on cattle grazing almost
exclusively. But the farmers are
breaking in on US" said Mr.. Hayes
Dry farming, and farming under IT.
rigation, besides stock raising, are or
| the increase. And farming is a sue
/ cess, although I do very little Of It
Wheat raising is carried on, and oats
grow there very well. Then the al
falfa has been started, and is one OF
| the great crops out there. Every
where the alfalfa is on the increase IT
| acreage In the early days land was
| worth very little in Wallace county
But during the past two years it has
| begun to go up, and now some OF the
| best farms are selling at $40 an acre
/ 1t is safe to say that all the land has
/ doubled during the past two years"