Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-13
Totals .,..


for cattle. the receipts being the largest
Of any week since the third week in March.
TO put 1t another way, the receipts OF cat
three times this year. AS will be noted
from the tables at head OF this report,
the receipts are very nearly so per cent
of last year In spite of the large runs the
supply of cattle has been none too large to
meet the requirements Of the consuming
demand, so that the market as a rule has
been in very fair condition all the week.
The great big bulk of all the cattle re-
eeiyed at this point this week has been
quality. In fact there has been no week
this year when so many right good cattle
have put In an appearance, AS matter
that the season Is now well advanced and
that the cattle are becoming better all the
time Most any other year than this such
large receipts Of good cattle would result
in a heavy slump in prices, but conditions
governing the market at the present time
appear to be rather peculiar. Owing to
some cause or other, presumably to the
general good times prevailing all over the
country, there is an Unprecedented demand
for meat products OF all kinds. Hence II
is that packers have a place to put all the
beef that they have been able to secure
and so long as the cattle have not come
faster than they could kill them out, there
has been no tendency toward an aecumula-
ton OF supplies and hence no weakness in
market prices. The week started out with
beef steers higher, but the advance was
pretty nearly wiped out on Tuesday, since
which time values have been steadily
crawling upward, the market being quoted
steady or strong most every day. While
at the close OF the week II Is impossible
to quote any great advance as compared
with the close of last week, still the sales
are on an average l0Ql5c higher, but a
| considerable part OF this Is due unQues-
tionably TO the Improved quality Of the
cattle.
Cows ana heifers have been in very good
demand all the week, and what has been
said regarding the market on beef steers
would apply 10 trading In this line as well,
| Prices have been well maintained and any
| change that may have taken place has
| been on the side of increased strength
rather than weakness
sprinkling OF stockers and feeders was
| included in the receipts and spectators
country demand, however, proved to be
| rather disappointing, and those who had
| loaded up with cattle found II slow work
unloading, with the result that prices
/ l5c lower than at the opening,
HOGS-The market opened in very fair
/ shape this morning with sales largely at
! Sc. S6q6S2lz. which was a shade higher than
yesterday. About two-thirds OF the hogs
/ sold on this basis, but some OF the packers
/ who have been acting on the bear side
/ were holding on. not trying TO III orders,
and when the more urgent orders were
! hlled these buyers lowered their bids and
| the hogs at S625 or let them go until Mon
day. AS sellers naturally did not like To
| be squeezed 10 that extent the market was
| very slow and dull until the close.
II will be noted from the sales following
] that a good many Of the hogs sold At S.. 80,
! which was the popular price yesterday, but
] there was a larger proportion Of the early
/ sales above that price than yesterday, while
! the late sales were largely below that hg-
/ ure,
/ week has been upward. the market being
| either steady or a little stronger on an
! average each day. This upward movement,
4 h. hn de-
| we're opposition on the part OF some Of the
/ big packers, who are still enterta ming
/ bearish ideas and who have not lost an
| opportunity 70 hold values down. At the
/ close OF the week the market Is 15c higher
/ than one week ago and only zoe lower than
| the high point OF the year,
/ RAnrAaanfa tlNAa aalea.