Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-02-24

quarters Of foreign beef last week, equal
| to 75S cattle. In three weeks New
York has received but 1920 quarers
of beef, equal to $3.50 cattle, and the
figures ought to be effective In dispel-
ling any illusion that the eastern mar
ket Is being deluged with foreign stun.
At present Great Britain Is using 20 lbs
of Argentina beef where the American
market gets two pounds.
! An Australian letter tells of constant
| advances In live stock values, owing to
| broadening foreign demand. Says a
! writer in the last issue Of the PASTOR
alists' Review. the official organ OF the
large Rraziers: Everything points to
a long spell Of verv high prices for beef.
| The graziers have the command OF the
! situation, and there Is nothing what
ever visible on the horizon to alter that
| position. 1t is the same with all lines OF
! live stock At last the breeder and
| fattener arc coming into their own.
After many years OF comparatively low
| prices, it Is almost certain that they are
| in now for many, many years Of real
good prices" Ridiculing statements that
Australia is now exporting all the
available surplus she has. and that Is
only very small proportion compared
| with that from other countries. Her
population, which increases gradually.
W
| increase Of stock would allow Of" In
] a few years two-cent advance In VAL
ues Of the rank and file of Australian
cattle has occurred and the trend Is
still upward.
1t is expected that the new works of
tn, Australian Meat company (Swift &
| Company at Brisbane will open about
September, 1914: perhaps little before.
This company has not yet commenced
to buy cattle The company also ac-
| quired the works OF the North Queens
| land Meat Export company at Alligator
! Creek: bus these works only undertake
preserving at present. 1t is expected
that they will be fitted up as freezing
works at no distant date.
| Australians have been interested in
the arrival of l. NJ. Hodgknson. repre-
| senting the Armours. 1t Is expected
| that arrangements will be made to &C.
quire or erect works in Queensland,
| alongside the Swifts, but in the mean
time Mr.. Hodgkinson has got in first
with the purchase of 5000 head OF cat
tie from Sidney Kidman, the cattle
king" and these are to be killed at the
government meat works at Adelaide,
South Australia.
! Another feature of the crop OF cattle
now coming to market is evidence OF
good breeding. Branded stuff is con-
spicuous enough to demonstrate that
trans Missouri region for material to
replenish his feed lots and pastures.
Mexican Arrivals Checked.
The movement Of Mexican cattle
across the Rio Grande has been tenn
porarily halted by quarantine on
account Of scabbies, but this is merely
a temporary interruption and present
Indications are that Mexicans will come
freely during the next few months. In
! security Of property in Mexico is an
| incentive to unload cattle and access to
| the United States markets affords an
| opportunity. Recent imports came from
| ports rs far away as Vera Cruz. neces-
| sta ting Il long sea voyage and when
! southern Mexico joins the procession,
speculation as to imports from Mexico
is not worth the time consumed in max
| ing 1t. About the only source or revenue
| the constitutional party In Mexico now
has is the export duty on cattle, or re-
turns from confiscated stock and the
Carranza Villa element is as anxious to
| swell the movement across the RIO
Grande as are those in the trade to
handle the cattle. A big run Of Mex
Il leans in conjunction with free north
ward movement Of Texas grassers and
cakers will not be to the advantage of
! such northern cattle as are now selling
: from $685. down. which constitute a
variety cornbelt feedrs are anxious to
i unload.
/ Present Indications are that high
dressing. longfed steers will continue
! in Il class my themselves and form
such a small element of the total sup
ply as to enable them to make their
own market. They are as scarce now as
thcv were superintendent three months
ago and existing conditions are not
/ favorable for inducing feeders to run
into long feeds
Unofficial receipts this week run
about 5000 in excess Of preliminary es-
Inmates. the total being 53,7S6, against
| $4,000 estimated and 49,510 for the same
period year ago. The topfor native
beef cattle Il year ago was 80, two
years ago 1915, three years ago S7.05.
i Packers Bearish.
i Packers have succeeded this week in
arresting a runaway hog market at an
expense of smaller receipts. While no.
900 head were looked for this week
only $4,000 have arrived against 1885,
900 last week and 157.336 for the same
period a year ago. The demand almost
without exception this week has been
from outside sources and the main
prop under the market, as packers
claim hogs ought to be selling around
\ $8.25 to be in line with the way the
product is selling. Pigs and light weight
hogs have been in keen demand this
week and the former had fully held the
ADVANCE ScOTeu. f1cdNlSS O1l tnC OSuCI
hand have been on the toboggan.
I The extreme top this week stopped at
$3.50 against $3.50 last weke. The adj
l vance from last Saturdays close Is
about a nickel to dime with the ex-
ception Of pigs which show an advance
of 15@20c after selling up to 1910 as
: the weeks best with the close shade
under that price.
While some soft spots prevailed in
sheep ana !;,'nDs t:r fore part nf e
week, renewed energy Is in evidence for
the closing days of the week and prices
for fat grades are closing at the week s
best price, and at an advance Of $50
Csc over the close last week.
! Shipping orders were Of good volume
quality too, donated it's share to give
the market brighter aspect.
i Conspicuous in the local run was
Iowa and Minnesota fed stock, supplies
coming from these two states in such
volume as 10 stagger those in the trade
who had been under the impression
that Iowa, at least, which has been a
I heavy contributor all winter was prac-