The Chanute times. [volume] (Chanute, Kan.) 1897-1913, 1910-08-05
Market Report.
Kansas City Stock Yards. Aug l. isi'

Too many cattle at each or Tue o'g
markets last week caused heavy
declines on all kinds, and the loss 10
some classes, notably stockers and
fe e lers, was so great as to pu the
market on same on the verge OF
decentralization. At the five leaa'hg
markets receipts last week were Sixty
thousand cattle greater than cores
bonding week last year, and this big
run following t liberal supply OF the
previous week put the situation ID
the hands of the buyers completely
Best fed steers lost 20 to 30 cents
medium grades of killing cattle 90 10
go cents, low grades of killing cattle
stocker and feeders and calves decline
Sc to rs cents. Dry pastures aud lack
of stock water were the moving forces
on a pood many cattle last week,
together with the fears of a protracted
drought, which induced some owners
to try to get in ahead of the big rush
that good many people conhdently
expected would be made this week
The run today Is surprise, emily
u. 900 head here, including Zooo
calves, and not half as much panickV
talk about dry weather is heard To-Day
as week ago. There bas heen no
general rain over the country, ana
local rains have not been enough 10
do much good, but SURF lus feceipts
this week will be confined to offerings
of owners compelled to liasldate
The market is strong TO 10 nIPher
today, top corn fed steers at $3.50, +
ton last week So 90 Most of the run
today is as ure cat lie, the best
wintered westerns of big weights
selling no to 1915. medium weight
steers 81 SO to 1915, best feeders
around $500, stock steers % 70 TO
81 so. Some Kansas steers, 1890
pounds, sold at SIS so today, same
cattle at SIS IS last Thursday, and at
s. As last Wednesday. Grass COWS
sell around So. 80 for good ones, best
veals at $3.50.
After some cratic movements last
week, the hog market closed with
sharp losses, and there is big crash
in the situation to-day, prices 10 to 80
cents lower today. A large percentage
OF the run is heavy sow9, and prices
on this kind are hardest hit, heavles
selling today at ST IS toS7,S0 Medium
weight hogs bring 81 IS to SS.l5, and
light weights S. Is to 1886 Packers
complain that demand for provisions
is not up to expectations, buyers
evidently waiting for some new
Developments before providing for
future requirements. Prospects of
lower provisions aturaly makes
packers keen to cheaper their stocks
as much as possible. Run here is |
5000 today, but with buyers in their
present frame OF mind it will take |
extremely small runs t. resuscitate
the market from the blow received |
today.
Lambs slumped SO to rs cents last
week, but sheep remained about
steady for the week, Receipts are !
moderate, movement from native
territory light, and from the rabge
country Ia the West and Northwest
not started very heavy to this market
yet Northern markets have had too
many sheep this summer, mostly from
dry sections in the Northwest
Omaha receipts in July were double
receipts there same month last year
Run is less than 1000 today, market
stronger, best lambs worth 800,
yearlings $500, wethers 81 %, ewes,
81 90, stock and feeding stuff $3.50 tu
$500.
A. j. RICKART,
Live StOck COrreSDOnGent