Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-09-15
KILLERS WEAPON Of LIBERAL RECEIPTS !
IS NOT At HAND IN CATTLE MARKET

ent On new basis Of values the com.
mon and shelly Gamers are hard to
move down to 81 and lower. while de-
cent to pretty good sort are making
$435@475. Cutters Of the better kind
are still landing around 35.25, with .
fair class at S..
Much irregularity has attended the
market for bologna beef. Eastern DE-
mand has Stacked and packers are do.
ing little. AS a result prices have haS
the toboggan and sales Of bologna bulls
are quoted 15@25c under midweek iev-
els and 10615 lower than week ago.
Fat bulls were very scarce and goo9
killing class in strong request. the oss''
ter kinds selling on better marKc
than late last week and prime being
quoted at the seasons best levels. 81
Feeder Trade eoadsns.
| A broader trade has developed IN
fleshy strong weight steers this Week
than any time In the season, sucn COINS
at $7.75Qs.30, though few lots 500
buyers are taking out for a 30 TO ~
day feed, and the demand has broaden.,
ed chiefly by reason of the higher trend
Of beef steer values and also has been
| induced by better pasture situatlons'
while the proximity of new corn season
Is also encouraging feeders 10 TAKE
hold.
That broad fall trade In all directions
will be had seems assured and operat-
i ors in the local market are anticipating
a continued strong and higher OASIS OF
costs for good to choice fleshy feeders.
A strong to 1Oc higher general range
Of prices was shown compared with
| hn clnco la az waek and for the RINK
good to choice feeders. Values now are
| back up to best level noted this season.
| There Is still slack call for the poor
! little stock steers Of crooked kind cost
| ing down around $500 and lower. but
not great many of such grades ar
irving at this time. A few of them are
| finding outlet to the east. Pennsyivana
| buyers taking that kind. Indiana, Ohio
and Michigan feeders. and Illinois
| buyers have also taken fair quota OF
the good grades. Banking arrange
ments are by no means easily MADE.
demand from good many feeders who
are annually borrowers from country
banks at this season.
i A slim showing OF stock heifers and
| cows was made today and there nave
been few Of these classes l:ere all the
week, but the market Is holding up
| strong, the better classes In fact snow
| ing a little advance on last week.
! The price of prime veal calves
| touched $12 this week for the kosher
/ trade, packer price however was near.
err $11.25@ 1850 for bulk OF the primes
A general strong market for calves Is
noted due to demand from the east.
/ Good Westerns Coming.
l Western cattle are coming freely ana
in good condition, the run carrying Z
short feeder end. How much beef the
northwest has concealed up its sleeve
no one knows, but close gathering last
a year has left no surplus. and the tact
} that few cattle are left on the open
range is everybody's secret. 1t is prob
able that gathering in the northwest
will be over early and that at no time
will gluts be likely. tt
Meat importing has temporarily,
ceased. A rate Of discount equal to VIZ
per car load is as prohibitive in the.
matter Of trade with Canada as was
the 27A per cent customs impost a
i year ago. .aF
| Argentina is sending nothing, owing
to exchange and transportation handi.
! caps and inability to secure coal to ops
| crate River Plate slaughtering plants,
while a government embargo has put
: packers out of business SO far a. Aus:
tralia is concerned.
Just a year ago the hope of cheaper
meats was based on free trade, conf
dence existing that Canada, Australia,
Mexico, Kamschatka and sundry other
/, mysterious supply sources would make
good domestic deficiency, but 1t proves
to have been a hope of the irridescent
!, variety.
4 Attractive prices are drawing cattle
i to the stock yards, while the market
J ward movement Is being accelerated
from behind by s0@9oc corn. feeders
preferring the bird In the hand TO TAX
ing chances on such a board bill. At
|, <HfA q l.. t~4t.~ H~S
grass cattle for a thirty-day finish on
!, old corn in Illinois and the venture -
) regarded as highly speculative. 81"
u War No Factor. nc,
! There seems to be an impression in
the minds Of some people who are not
. intimately acquainted with the subject
. to the effect that the European war
has been to increase the price OF cattlA
, in this country. Exactly the reverse .is
! true. The price Of cattle in the United
, States today is from " to l cent per
pound less than the price would berif
. all the world were at peace. Cattle stat
the United States for beef purposes
were higher before the war began or
before war was thought Of. than they
are now. The amount Of beef consumed
8 in the United States today, and all tho
> packing house killing sheets prove It.
is less than the amount consumed eighs
2 weeks ago before the war began, and
$ this is because Of the large number Of
industrial establishments doing an ex-
port or partial export business which
! were affected IN the first instance by
t the tariff now are running on one-third
3 time or shut down altogether. The
> employees of these esta blishmentn
J, therefore have not the wherewithal to
purchase the same amount OF meAt
] that they could purchase when they
, were working fuller time and drawing
Z in consequence thereof more pay. The
! war has produced raise In the price
OF grain stuffs, but it has lowered the
81 price of meat foods below what they
: would have brought II our commerce
! had not been interrupted. IT'LL
) The five days cattle receipts this week
E figure 41.453 head against 1858 for the
T full weak year ago. The top at I'll
this week is $1.25 higher than for the
= same period year ago.
; SATURDAY BUSY DAY g