Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-09-01
SMALLER RECEIPTS AND FOR.
EloN SUPPLY FoRsAkEN IS
BEING FELT By KILLERS.
MUTTON PRICES OFF
Packers Get BaIky When Sheep Run
Swells Sixty Thousand Head
Over Last Week; Declines
Easily Made.

SulCdSO, kAu6s VASA q OAOP ~
nearly 10000 head In the receipts for
the week and with the importation OF
Argentina beef entirely cut of through
diversion of freight steamers into the
naval service, packers have found
need for every pound of beef they
could buy. The week has been one of
spotted markets, but some OF the dam
ahc done early has been repaired.
Prime steers have inched up attaining
the highest point of the year and the
market in general closes healthy and
strong.
The trend of the market still con-
tinues irregular and places the pro-
Queer in a rather uncertain position.
The range of prices has been confined
to 10@15c with fluctuations numerous.
The sheep market has had little sup
port and only through recessions In
price have sales been affected. In a
good many instances it was not SO
much question of price as one OF
finding q buyer. The weeks receipts
were both above last week and last
year. Price cuts have been severe all
around.
Prime Steers Up.
Another nickel was added to the top
for prime steers over last week, max
ing $1O.65 the highest of the year.
Along with this yearlings which re-
ceived such drubbing last week have
edged up to $9.50@9.s5 look 15@25c
higher. Under the SC line the market
is uneven and below $40 some steers
are figured below the best point two
weeks ago. Common to medium to
good grasser steers and short-fed
grades now show 1O@15c decline, this
decline being enforced on Monday,
this applying to- those selling at, $3.50
@S.5O. The run Of Canadian rangers
this week has been generous and pack
ers have availed themselves to break
prices Csc. AS long as range runs
come literally the lower and middle
classes of native steers will likely
have small chance for price recupera-
ton. This is the trade belief. Wide
range of prices is bound to remain in
force. and that it will continue In
wearing trade as we'll as for the mid
dle-weight steers is a firm belief OF
sellers. 1t is a lively deal in choice
to prime yearlings and decidedly
mean acting market for the baby
dressing qualities.
Weight and quality command a
strong premium logically, and that the
choice to prime goods are destined to
go still higher appears certain, due TO
scarcity of that kind in the supplies.
The free movement of eastern stuff on.
grass. OF course, will be a factor likely
to repress bullish sentiment in local
trade as applying to the medium and
lower priced steers, and bad eastern
beef trade conditions as result of adj
versity in the business situation there
certainly does not augur for a free sell
ing situation in beef trade.
Trade in butcher cattle flrmed up at
ter dull market for the mid-week. A
lessened general supply than came
last week, coupled with moderate
packer needs, has enabled sellers to
hold prices from further recessions all
the week, following the big break
forced last week Range heifers, hav-
Ing come down fast this week, are
costing now more in line with the ma
tive stuff, and these still get prefer
ence from killers over the medium ma
tives, but the trade is showing a
strong tone for all right good quality
heifers both the heavy and yearling
kinds. Dry lot cows, showing up in
very meager quota, are getting best
action In that line, but there Is good
trade at the prices for common grass
ers, Gamer demand being stimulus
to the trade in the lower quality
grades. Killers needs for the low
grade stuff are broad. They have had
access to some Canadian cheap stuff
this week and also brought in fair