Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1913-11-25
(From Saturdays Daily.)
CHICAGO.


well in the stocks yards as in a con-
vention hall
Prices have seen the biggest slump or
any class Of live stock in the pens me
decline for the week, while almost en-
tirely induced by the approach Oh .ne
poultry season, has amounted 10 si.[o
for classy stuff and $1.40 from the hlsh
prices of last week The stimulant
necessary to maintain the higher leVel
are moderate receipts. as the demand Is
narrow, The unofficial receipts tnls
week have been 4,S00, indeed ample lol
this season Of the year. rev heaVy
calves are coming In ana they arc
chiefly a common to medium 10 DAIRY
class, selling at s4.50@5.5O. The closlns
prices Of yesterday are tne .o" sar me
the week. The top year ago TOT .le
! same DAYS was $1050, and two years
ago down to $S.25.
Hogs Barely Steady.
The hog market this week mas nsu
difficult time to maintain steady
| prices. In fact the strong market VI
| Thursday was a big surprise 10 thoss
in the yards, showing an advance ol
| 10 cents. The receipts fell under the
cancellations and brought about a
bullish sentiment that started packers
! to buying. The general quality though
| was better and the shipping demand
| increased to keen competition aiilols
tho BUYERS. The unofficial receipts tor
| the week are some $4,000 greater imam
a. week ago and about $4,000 more than
the lowest estimate given tor tne
weeks receints and about 5000 in ex-
| cess Of the extreme allowance lot tne
week. The extreme top for the week
was $50, which is zoe off from the
| TOP last week compared with ~ as'
year and $6.7O two years ago.
Lard hogs are being sought ano
heavy grades that can be used FOR tnls
| purpose are in good demand at the
prices. Heavy hogs OF oil grace havs
| been scarce on the market or late anu
have been selling to best advantage.
right along. The opposite Is true OF
underweights which have been too
plentiful and have taken the short Gu!
| to the bargain counter. with THIS sor'
Of stock coming in nothing else put
demoralized market can be expected.
| What little strength prevailed on
Thursday failed to hold and the week
closes at about Wednesdays level
which shows a slight advance over the
low SPOT of Tuesday. but decline Oh
zoe from the highest price last sat
PIGS had the biggest decline for the
week in the porker division. but a neal
recovery has been made that brings
the range closer, though their best price
is still at a decline. These ltd an
| "souealers" sold as low as $4.2b@ b.So
but closed yesterday at $4.75@7, witt
the best price for the week at $7.lo
| The majority Of the sales have beer
around Sc. Mixed hogs were up DC or
Thursday over the best point or las'
Saturday after declining 15@20c Mon
day and Tuesday. The close yester'
day is 15c below the best price for the
week Light and heavy butchers nae
| ill rta
lowest Of Tuesday but close at q de'
cline Of 1OM15c from Thursday. Ligh
and heavy shippers have rebounded from
$7.5O@7.S5 to $75567.95. the close yes
terday. Heavy and rough packers haV'
likewise recovered all their loss from
Tuesday and closed at about last SAT
urday's price, which is off about lo'
from the best price Thursday: lhroW
out packing sows are up 30@35c IRON
the low point. Lightweights which solo
at s707.s0 last Saturday broke down t.
! s6.6067.65 Tuesday and Fridays mar
ket finds them but little better. at $6.T'
i m7.65, q decline Of 15@20c from Thurs
day and a very weak tone.
Over 5000 head Of hogs are beins
carried over for the Saturday market
The Indifference on the part Of th'
packers early in the week toward pee
! stuff when the advance car report came
out has benefited them but little. Tn
935 cars spoken Of "as coming" fallet
to materialize. The buyers became
real "chesty" when this bearsh repor
was issued by the various railroads ant
immediately stuffed their ears
against all offers, hoping to buy cheap
er beef with the increased movement
Warm weather, however, has assisted
them to an extent In keeping prlce'
i down and the brand Of stuff that wal
actually in demand few shippers hat
to sell. Lower quality cattle as wei
as big weight steers Of the fat kind, blu
lacking in finished show as much al
6Om7Oc break from the high spot tw'
weeks ago. The price Of S9.65 stands
as high for the week but the numbe
Of sales at that figure can be counted
on your fingers and toes. More stuff
has sold under 50 than over that price
Some good lots were held over from
last week and offered around 50 blu
failed to get a bid in that neighbor
hood. The bulk Of sales have beef
around $7.bo4S.5o, which is consider
able better than Tuesday but som
mighty fine stock has been bought q
this price.
Finished yearlings. have as recently
done the best performance, but the.
have not escaped a cut in values 81
mercilessly applied to other grades
week session were better than thei
foed-lot mates that registered up t
1915 about two weeks previous an
possessed such ripe finish as the 1913
i 09.S5 grades at the high spot early II
tie month. Less highly finished class
cs show more decline from the carl.
November high spot, many going 800
Acc below extreme top levels Of tn
season.
>! No prediction Is being made as t.
what will happen next week. Tn
market Is not closing in manner cal
! culated to warrant the least enthus
asm. Somewhere or other the lon,
slump will strike bottom, but tigh
money and Il steadily advancing corr
market in the face of unrestrained de
depreciation in cattle is not calculated t
squelch the liquidation microbe. Ligh
receipts will be necessary Monday.
Receipts for the week have been gen
erous the Chicago supply totalin,
nearly $500 for the week. or about 60
more than last week, though II ,00
short of the big run a year ago. ST:
western markets have had a combined
supply Of 100000, against 10000 las
week and 1885, 900 year ago.
There Is a lack Of competition notet
in Gamers and cutters and trade ii