Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-06-30
selling above 50 have had the short En-


of the advance.
There Is considerable speculation q
to what summer hotel beef consrmp
ton will be this season Under norms
conditions these institutions use 10
OF good beef during July and Angus
but this year enonomy Is the watch
word and summer hotel business 10 no
as prosperous as In former seasons,
Chicago supply figures this week to
tai 36.57S head Of cattle against 39.9s
head for the same period year ago
The top at $9.40 Is forty cents highs
than year ago for the same week.
Receipts Equal Estimate.
Arrivals of hogs this week with to,
days receipts estimated, total 135,70i
or about equal to the expectations 70,
the week. Action Of the hog market THU
week Is not indicative Of anything
bearish. Some of the left over supplies
have been held by SPECTATORS but they
lost no nerve in the face OF fresh re.
ceipts when stale hogs were numerous
Some too have been ordered held b,
price. The top this week at $S.+5 10 %5'
under the corresponding period yeai
ago and the receipts about 5000 great.
err than for the same week twelve
months ago.
Declines Lifted
Sheep and lambs have had som,
hard sailing the fore part OF the weel
but its recuperative power has beer
excellent. The declines noted up :.
Wednesday have been greatly reduced
Receipts this week show moderate
expansion In the aggregate over thu
light run of the week previous, and
material gain over the meager supply
OF the same week last year. but pack.
No A. AesyaN
ing the extremely high level Of the
trade. IN reducing the cost Of stock on
foot. Packer purchases Of good sprtne
lambs here Friday were 150a6c lower
on paper than on Friday of last week,
but considering lighter sorting than II
that time, few sales really figure that
much lower, and the class Of springs
selling here now at 50 and under are
as high as a week ago. Not to exceed
lO@15c decline at most 10 shown on
yearling lambs. while wether sheep are
holding within dime Of last weeks
closing basis.
Compared with week ago, ewes
were mainly l0@15c lower, with plain
heavy lots down the most. Breeding
ewes were in good demand from day to
day and prices were the highest OF the
season, standing about 25c up from, the
previous week when a little bus'/ess
was tThnsdCtcO III tNdl CLASS OI Otuil, n
few feeders went out steady.
The week has been featured by the
arrival OF the first shipments OF north
western grass sheep and lambs to
reach Chicago this season. a 16-car
doubles OF ripe Idaho spring lambs.
The former sold at $615 with only
about rs culls out Of to, entire train,
and the Idaho springs went straight at
$685. on the mid week market when
receipts, totaling nearly $4,000, were
the largest Of any day this month In
itial sales Of range stock are certainly
high enough to start good early mar
ketward movement from the west and
advices received indicate material
increase In loading out OF Oregon.
Idaho and Montana. though not many
are expected to get this far east until
after next week. Omaha stopping most
Of the early shipments.
The trade Is still very skeptical Of
the maintenance Of current high prices
but with natives as scarce as they are,
the southern run already showing signs
of substance and with speculative
and able to control early mArkctings
from that region pretty we'll, the ,situ-
, alton does not appear to be one war
ranting fear Of a radical downward re-
vision Of the price list within the near
future. The June run will he the light.
est for the month in recent years and
viii, July promises, to make better
showing. 1t, too. promises to develop q
beloW-normal crop.
Receipts OF sheep for the week were
71,215 head against $4,000 estimated to
arrive and compared with 62.923 for the
same period year ago. Top on sheep
at $6.15 Is $1.4O higher than year ago.
Lambs at 1925 is soc over a year ago.
Spring lambs sold up to 1856.