Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-03-17
ARRIVALS FOLLOWING LAST
WEEKS ADVANCE HELP the
PACKERS REDUCE LIMITS.
HOG PRICES HIGHER
Porksrs Recover Ten to Twenty
Cents Over Last Week on Light
or Movement-6ad Dressed
Beet Market.

around will run 15@50c with 1275-l4ol
III. steers suffering the brunt OF the oe-
cline amounting to ESQ SOC A.,
Hogs have Jared the best OF tne
three divisions in the yards ana Wnle
an occasional setback showed up cur
in the week a neat advance of 1O@2oc
over last weeks low spot has resuiteo
and the tone Of the market strong:
In lambs and sheep 1t still remains a
see-saw affair, up today and down TO-
morrow, but taken as whole most al
sorts are higher than week ago.
Increased receipts. attracteQ by iass
weeks gloomy market. bad dressed
beef market and liberal movement ,.,. y,
PENNSYLVANIA cattle this week, when
has reduced buying on eastern account
to small proportions have been depress-
Ing influences in this weeks "attle
market.
Chicago receipts this week are about
1000 head greater than week ago To-
falling $4,000 head against 47,ooo est
mated for the six days. Receipts at me
SIX western markets are ABOUT the
river markets show a decrease over
last year
Market action this week has been a
complete reversal of last weeks excel
lent form and merely demonstrates
how disastrous the presence OF rev
mo. cattle than killers actually neeo
will be. Every factor conspired 10
fetch in a generous run on Monuay,
and with nearly $4,000 cattle ct their
disposal buyers made their raid en-
phatic Mondays session was one of
the worst markets in months. Buyers
did not begin until late and then
bought cattle ny way they wanted:
Even then a clearance was not erected
and Wednesdays moderate run effect
ed no improvement.
In the prime beef class the pest
price reached this week was $500
against a dime more for last week and
1915 year ago and $685. two years
ego for the same period.
Packers have entered the butcher
cattle trade vowed on lower prices and
they have succeeded. From best levels
Of Wednesdays market Of the close
last week declines will range all the
way from 10Q s5c. Strictly prime beef
cows selling above $7.25. ripe helfer
ter stuff escaped with the least loss
even they were not wanted without
cut of 1O@15c under a week ago.
The sharp declines are in sympathy
with the bad break in beef steer val
yes registered early in the week and
n since repaired. the COW and heifer
arl1et having held fairly steady up to
and including some early selling yes
- day. A few choice heavy beef cows
So l;nr Yesterday at $7.10@735 were
kinds that would have easily made
s. $50 earlier in the week, while
;de price breaks Of a quarter and
r IRE were enforced on most Of the
Ct Tvs selling recently between $5.75 and
81. a spread that is taking the big end
Of current marketings. Where showing
evidence Of healthy condition, Gamers
and cutters, though selling to narrow
demand, were not more than 1O@15c
down from the weeks best levels. but
t bercular suspects were hard to sell
at any price and discrimination was
also severe against dairy bred cows of
plain to good butcher class. The decline
in heifers is most pronounced on the
classes selling frrom s7@775 early in
the week and choice Qeivy weights of
higher value, right good country call
for stock lleifers this week having held
the &c and lower priced grades, where
showing decent beef blood, from mater
i'll declines, but little Of any class In
IL. heffer line was salable to, decent
advantage and 25@35c declines applied
to the bulk Of the fair to very good kill
ers from the weeks best prices.
Weak Bull Trade.
The bull trade was also in state OF
depression. Declines of full quarter
j
were applied to anything in the list
with some sales fully 35c under Mon
days prices. A few odd lots Of prime
beef bulls have sold at $7.75 this week
at the weeks best though good
many passed at $7.25 for the same
class; choice heavies at $3.50 and COM
mon plain weights down to 1925.
In the veal calf trade, its a very ir-
regular affair and only real choice
vealers are holding steady. The bulk
of the crop shows decline Of 25@75c
under the high point a week ago, light
stuff being off most Heavy stock
calves are In demand at steady prices.
Gamer and cutter trade followed the
lead Of the ether cattle markets al
though the declines are not so pro-
nounced.
The rapid rise Of week ago in the
price Of stockers and feeders brought
a more liberal run this week and a
noted absence in the number Of coun-
try orders thus most of the advance
scored a week ago has been lost, since
Mondays good market. 1t has been in
fluenced as well by the sharply lower
level of values for beef steers. but, I'M
lie conditions in the latter trade, there
is a broad need for feeder cattle over
expected to develop some generous
have effect in bracing values to some
buying here next week, which should
extent.
It is a sort Of an "in-and- out" mar
ket now and promises to continue 50
for some time ahead. A break in prices
may be expected to bring out a good
demand, and a shut off in country or
ders can only be looked for whenever
the market hits top cost basis. The
desire to feed Is general over the mid
Ole eastern demand now, since those
sections are we'll loaded up with cat
tie, a good many Of which will be mar
keted in the next few weeks. The coun-
try, however, is going rather cautious
ly with the purpose Of keeping; costs
down as far as possible, and a mean
acting beef steer trade can only have
effect in checking a very bullish deal
in the feeder grades.
On new basis of prices the So kinds
n IVY are class with exceptionally
choice breeding and considerable flesh.
They are kinds that a week ago went
for beef trade at $S@S.35. Right choice
feeders, such as went last week at SIS,
were held IN the Thursday market
around $7.75 and found few takers.
while bulk of strictly good handy and