Omaha daily bee., 1908-07-13

The disposition of the days receipts was
IS follows, each buyer purchasing the NUM-
Cattle. Hogs.


A lLE-lneIe was only one car OF Cdt-
tie reported IN tOuHy ana uotLIDg NndteNer.
ON sale TO make a marKet. FOR the week
the receipts loot up 1904 mead, showing a
failing OIL OF 500 mead as compared WITH
me previous Wveh ana OF over 4,UVJ hedu
as Compared with the corresponding week
OF Il year ago. in otner worus, the receipts
OF cattle nave Deen the smallest since
CnrIsImas week. While the arrivals nave
consisted largely of led STOCK, range Deeves
nave commenced 10 arrive anu on some
days there mas Ueen quite a sprinKling Oh
Light receipts at all selling points gave
the market a snarp advance at the pc
ginning or the week, prices soaring upward
AT a lapld rate, SO lnal on tuesday peel
steers were quoted EOdlOVc higner tnan at
the close OF the previous week, with some
SAFES actually showing even more advance
tnan tnat. There does not appear to be
strength enough, however, In me general
situation TO support high prices. No sooner
does the marhUt make a sharp advance
owing TO light receipts tnan IT begins to
decline owing to light buying demand con-
sequent upon reduced consumption OF meat
products Thus while the market touched
the high point of the year on Tuesday, cat
tie selling as high as $50, the advance did
not prove permanent II eased off slightly
went down hill with a rush. Thus at the
close of the week the market on curn-fed
steers is around soc lower than Tuesday,
the high day, which means that all the ad-
vance OF the first of the week has been
wiped out and in some cases more, too.
There were grass range cattle here last
week with which to make comparisons, but
they sold on Friday 25c lower than early
in the week. Other markets have eX-
perienced a similar drop in values, condi-
lions here being by no means different.
cows ana heifers scared upward very
rapidly the first OF the week and the ad-
vance was well maintained owing to mod
crate receipts until Friday. An unusually
ceipts being COW stuff, enabled buyers to
pound values down to correspond with the
decline on beef steers. Thus COW stuff on
Friday sold lOdl5c and IN some cases 25C
lower than the first Of the week, which
wipes out most of the advance on Monday
and Tuesday.
Hardly enough stockers and feeders were
received during the week to make a real
test of the market, but while there were
wanted. so that the trade throughout the
week was very slow and dull with an easier
tendency. At the close operators on the
25c lower than last week at least.
Quotations on cattle: Good to choice
led steers S.75GSS0: common 10 10 fair corn corn
fed steers, s4.5O05. Is; good to choice cows
and heifers, %2Sai Is; fair to good cows
cows and hcifers. s2.0oas.5o; good to choice
stockcrs- and feeders. AOOd4.75; fair 10 good
stockers and feeders, ss6Galm; common
stock heifers, $2.75d325.
HoGS-Hogs sold lCd15c higher this morn.
vent ven at s6. 40a6.45, Which carries The m a
ket to the highest point touched this year
and TO the highest pont reached snce Al ri
Of last year. The trade could hardly b.
called active at the advance, buyers ap.
parently disliking to see prices 60 any
higehr and buying the stuff as II Were
under protest. Still there was a fair move,
ment and pretty much everything IN thc
yards had changed hands by 10 o'clock II
the morning.
The receipts of hogs this week hav,
shown a very heavy falling off as com,
pared with the previous week, being the
smallest of any week since the first week
of April. That receipts are lighter this
week has UCCasiOned no surprise, as q
heavy falling off had been anticipated foi
this time. when the farmers are busy no
only with their corn, but with hdying ant
harvesting. Moreover, 1t was generally
supposed that the supply of marketab',
hogs had been very materially reduced
The market throughout the week has beer
IN very satisfactory condition. Win.
prices have fluCtulted back and forth L
some extent, the general tendency has beer
higher, and at the close OF the week IN,
market Is right around &c higher than 4
was, at the close Of last week.