The Coconino sun., 1911-02-17
WEEKLY MARKET LETTER
Wy J. A. Rlckarl, correspondont)

tby J. A. hichaFl, NufFcSpOhutnD
 Kansas City Stock Yards, Feb. I3.-Lighter cattle receipts in all the markets last week brought an advance of IS to 30 cents in prices, besides revealing the fact that packers stocks of meat are small. Buyers claimed the advance really figured 25 to 40 cents, if the good fills secured last week used in the calculation. The weather was mild, and the active market en- abled statesmen to put stuff over the scales before it lost any of the fill. Sentiment leans to the opin- ion that prices will hold good, or make some gains, although 1t is conceded that a good many cattle are on feed. II astute marketing is practised, and gluts avoided, this is likely to come true for most feeders. The action of the market today on the liberal run of 1000 head here, and heavy else where, bears this out; prices steady to dime lower. Prices are now on basis that interests exporters, who bought nearly 200 loads of heavy steers at the various mark cts last week. Full loads of prime steers brought S6. 50 here last week, and fancy yearlings would sell for more than this. Odd head of big steers brought S6.75 here, and bulk of steers last half of the week, after the advance became effective sold at S5.S5 to S6I5, and the bulk IS selling close to these figures today. Buyers had access to lot of cattle at S5.4 to S3.75 the low time week before last. Cows and heiiers bring S4.25 to 5000, top cows S5.25, veals up to S8. 50, bulls S4.25 to S5.25, stock steers S4.85 to S5.75, feeders S5.4o to S5.So. Stockers and feeders are no better than a week ago, buyers showing more self control last week, and able to see the possible outcome on these cattle with less powerful magni- lying glasses. Quarantine run is rather light, market in line with natives, most of the steers at S5.25 to S5.75, some fancy heiiers from Texas here today at $500 to S5.75. Fed Colorados sold here lately at $5 50 to $500, and western stock CTS and feeders at s5.oo to S5.7o.
 Most of the hogs sold quarter lower today, and there were some sales thirty cents lower. Receipts at the markets are gradually in- creasing, which removes the only excuse for the high prices pre- vailing, and should the uncover ing of hogs in the country go on it will eventually put prices down to reasonable relationship with the cost oi corn. A respectable number of dealers do not believe this can be done at this juncture. Although the average price of hogs last week was only two cents less than the average of preceding week, prices have been tumbling since last Thursday. Heavy hogs sold at S7.Io to S7.2o today, me- dium weights s7.Io to SIPS, lights | .2o to S7.35.
 Nearly 55,ooo sheep and lambs came in last week, and the supply today is I7,ooo head, yet prices are little higher on everything today than a week ago, except, possibly, lambs, which are about 10 lower today. It may be be- cause the demand shows such a large capacity, but anyway plenty of dealers are predicting higher prices for all kinds of sheep and lambs. One feeder who has lost money on two feeding deals this winter took out a third batch of feeding lambs Saturday at S5.6o. Top lambs today sold at S6.oo, bulk S5.8o and upwards, best