Omaha daily bee., 1908-07-12

CATTLE-There was only one car of cat
tie reported in today and nothing whatever
on SAFE 10 make a market. For the week
the receipts foot UP 1854 head, showing a
raining OIL OF 800 mead as compared with
the previous week and OF over 4,OO head
as compared with the corresponding week
OF a year ago. In other words, the receipts
OF cattle nave been the smallest since
Christmas week. While the arrivals have
consisted largely of tea stock, range beeves
have commenced to arrive and on some
days there has been quite a sprinkling OF
That kind
Light receipts at all selling points gave
the market a sharp advance at the be-
ginning OF the week. prices soaring upward
at a rapid rate, so that on Tuesday beer
steers were quoted 25q3Oc higher than at
the close OF the previous week, with some
SAFES actually showing even more advance
than that. There does not appear to be
strength enough. however, in the general
situation to support high prices. No sooner
does the market make a sharp advance
owing to light receipts than 1t begins to
sequent upon reduced consumption OF meat
products. Thus while the market touched
me nigh point Of the year on Tuesday, cat
tie selling as high as $50. the advance did
not prove permanent. 1t eased off slightly
the next day and on Thursday and Friday
went down hill with a rush. Thus at the
close Of the week the market on corn-fed
steers Is around Soc lower than Tuesday,
the high day, which means that all the ad-
wiped out and in some cases more, too.
Ihere 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 nave ex-
p%erienced a similar drop in values, condi-
Cows and heifeTs scared upward Very
rapidly the first OF the week and the ad-
vance was we'll maintained owing to mod
large run that day, the most of the re-
ceipts being COW stuff, enabled buyers to
pound values down to correspond with the
decline on. beef steers. Thus COW stuff on
Friday sold l0q16c and in some cases Csc
lower than the first OF the week, which
wipes out most of the advance on Monday
Hardly enough stockers and feeders were
received during the week TO- make a real
very few on sale there were still less
wanted. so that the trade throughout the
week was very slow and dull with an easier
market are, generally quoting prices around
25c lower than last week at least.
Quotations on cattle: Good to choice
.corn-fed steers, s .sOq7.SO; fair to good corn
fed steers. A.5Oa6. Is; good to choice cows
and heifers. Sss. SEA- s.: i Common nc soG 10 c3f SiS
cows and heifers. $2.OOq3.5O; good 10 choice
stockers and feeders, N.0Oa4. Is; fair to good
stock heifers. 81. 1593.25.
HOGS-Hogs sold 10Dl5c higher this morn
ing, which means that the most of them
went at 1906. 40, which carries the mar
ket to the highest point touched this year
anu 10 II HlBHtsl point reached since AITi
of last year. The trade could hardly be-
called active at the advance, buyers APP
parently disliking to see prices go any
and buying the stuff as It were
under protest. Still there was a fair move
ment and pretty much everything IN the
yards had changed hands by 10 O'clock in
the morning.
The receipts of hogs this week have
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 occasioned no surprise, as a
heavy falling off had been anticipated for
this time. when the farmers are busy not
only with their corn, but with haying and
harvesting. Moreover, it was seneraliv
that the supply OF marketable
hogs had been very materially reduced.
The market throughout the week has been
In very satisfactory condition. While
prices have tluctuated back and forth to
some extent, the general tendency has been
higher, and at the close of the week the
market Is right around a5c higher than Il
at the close Of last week.
RRnTegaDfatfy a ea1aa. |