Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-07-21
lCHlcAGO LEADS IN TOP PRICE
FOR PRIME cATTLE-OTHERS
NOT FAR BEHIND.
HOG TRADE STRONG
Urgent Demand on Smaller Receipts
Brings ansAdvance Of 20@25 to
the Highest Level Of the
Season.

New high price levels for the year
were established at Chicago this week
for both cattle and hogs, the latter es-
pecially assuming strong posltion
not only in Chicago but other marker
centers. st. Louis overlook Chicago TINS
week and prices paid there Tor noss
are on an average Of 10@15 cents over
the Union Yards while Kansas City mas
been outbidding Chicago on several
grades Of cattle under prime. There
IS noticeable evening, up Of prices IN
all centers, more SO this week than 1ol
some time past.
Sheep and lambs have been badly
handicapped this week in following the
grain of the cattle and hog market, by
the large consignments direct TO pack X
ers. The weekend trade especially IS OF
a weak tone and prices are mostly low
er, lambs off the most.
Lard Trade Dull.
Everything into which hog is con.
vertible is selling like the proverplal
hot cakes, with the single exception OF
lard This weak sister in the trade was
mainly responsible for the exclusion OF
the 50 hog from the market circles
these many weeks back. No matter how
the packer may chart his cutting policy
and he has been throwing the minimum
quantity Of fats into the lard kettle
some Of that commodity must Of neces-
sfty have been made and while figures
do not indicate burdensome stocks
packers who jump at an opportunity to
reduce their holdings.
Porcine health is so good all over the
country that load Of pigs isAa novelty
at the market, and little stuff is outsell-
ing finished hogs, an unusual condition
Packers are cutting hogs to make
short ribs, hence lOins are scarce, Gre
ating broad demand for pigs on fresh
meat account. To aggravate matters
serum makers are in the market for
pigs, and a 50 trade has been establish
ed
Unless disease develops few pigs will
show up at market centers, as there is
big money in maturing them.
Present prices are $1@1.10 higher
than early in June, the low time this
year. The spread in values. while wild
rover than a year ago. The top thus far
this year stands at s9.15, against 1910
first day Of April, 1913, which was TOP
during last year. The average April
first Of 1913 was 1929.
Chicago arrivals Of hogs this week
figure 1868 head with today's receipts
estimated against 100000 expected to
arrive and compared with 125,104 re-
ceived for the corresponding period a
Qudilly VI AdLS lutO IHSs ldlu N0IeAS
year ago.
Record Price for 'stiIIers.
Distillery cattle this week reached
the highest price for two weeks at
$685.. South Dakota bullocks weighing
1441 pounds set the pace on Monday
for $40 cattle the first Of the year and
numerous other sales were made at
$9.S5@9.95 for cattle from that region
The boost given choice stock helped
other grades to an extent Of 10@15c
over a week ago but the finish for the
week for the quality on hand, shows
that much loss. A feature Of the trade
this week has been the numerous sales
Of yearlings under 1000 pounds going
above $500 to 1915. Cattle selling on
the close around 1926 show Mondays
gain wiped out in general. Common
stuff Of course since Monday has de-
clined the most. Killers having access
to an abundance Of common stuff all
around the market circle this week
Supplies this week, though still under a
year ago, have filled beef channels and
killers have set their pegs for lower
market on medium and common grades
next week.
Under the &c line since Monday the
declines are figured 10@25c, trade being
on peddling basis where the common
and green steers were concerned. GoOd
beef Is in request and it looks as
though little more could be used
There is very little outlet at present
for the little thin heifers and many of
these have to go at $5@5.25. Packers
are very slow bidders for this stuff and
in many places the feeder buyers take
them at prices as high as packers Of
fer. The good quality stuff has been
scarce this week. Quite number Of
heifers at present are selling at $6.25@
Z. strong weights 50@75c better and