Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-07-28
EVIDENCE OF BULL
LIVE STOCK
PACKERS AT CHICAGO AFTER
MONDAYS MARKET SKATER
ED HOPES OF SELLERS.
DECLINE is GENERAL
Beef, Pork and Mutton Prices on the
Hoof Figure in tho House
Cleaning Killers Have
Caused.

Chicago, July 25.-ln spite Oh io
ceipts of cattle, sheep and hogs pelns
below the estimates for the week, host
all prices arc under those Of week
ago and closing figures the lowest. Only
the prime fed cattle quoted at $l0 last
week are quotable on the close To-Day
at the same money but no sales were
made at that. The run this week mas
carried a lot of pretty good cattle SELF
ing at $9.15@9.65, but distributing the
beef IL difficult. Yearlings have been
pounded hard since Monday, especlaiiy
those that brought 50 and better Garner
in the week, are closing 25@4Oc lower.
This much decline will also cover steers
and bullocks not Of a choice quallty.
The slump in mutton prices that has
been in force for the past ten days re-
ceived its first check on Thursday, but
only temporary as the close mas prices
at about the lowest levels Of the week,
Declines in general at 25Q7oc.
The action of the hog market has
been most disappointing since Wednes
day. The reason assigned for the slump
since, regardless Of smaller run IS
poor demand for pork products. While
1925 was paid as the top, the close is
but a shade over the low point of the
week and 5000 under that of week
ago.
Liaht Cattle Feature.
A marked contrast to the general
was the sale on Thursday Of 70 head OF
Angus yearlings, average weight 957
lbs at 1895, new high point for the
year on light weight cattle. These were
Missouri bred calves of last fall but
finished by the Illinois experiment sta
ton on alfalfa and silage to demon
strate the economical gain making with
this feed.
Eliminating few crackerjacks cat
tie prices are closing the week any
where from 15@35c lower for the week
and ut that cheaper cattle that are not
eligible to the feeder outlet are unsal-
able. Big cattle on the plain or coarse
order, even whea fat have encountered
regular change Distillers that were
choice were up q dime to 1915 but
again several lots that brought $9.15 on
Thursday were selling at $3.50 Monday
as comparison.
In the yearling class, tho habitat
kinds have been trimmed severely and
those worth $S.25 and under have nc
staple value. Those bringing $3.50 and
this break would have brought at least
1920 on Monday, while little cattle
around $s.5o@s, are figures fully SOC
of. The market for medium and com
mon steers is practically demoralized
there being no market for them ever
at liberal price cuts from early In the
week. The large end Of the weeks price
cut is shown on natives, this KIND
selling under $S.75. This class shows 81
@40c loss from Monday while many OF
tho common grades arc off soc. Quite a
number Of medium and common quail
ity cattle have been thrown on the
market this week and packers claim
the poor dressing quality has caused
them to buy at lower prices or not at al
while late in the week they have beer
hard to clear even at the lowest prices
Grass steers have been hard hit along
with tn common grades and show
mostly zoe drop from Monday. Feeder
buyers even have been neglecting some
Of tho grassers and many are going t.
packers down to $50 $50.
Heifer Trade Slow.
There has been slow trade in cows
and heifers. Buyers were needing few
Of the choicest but neglected the com.
moner grades.
and heifers the market Is generally 8!
@50c lower since Monday, with mos
lots late showing the big end Of the de.
cline.
The choicest lots that have been yer,
scarce during the week, were wanted
but when it came to the commonel
quality it was very hard to get bids, LEI
alone make clearance. Buyers seemed
to be filled up with that stuff and die
not want them even at the lower prices
Many COWS had bids less than cost ir
the country Grassy kinds were hard
est hit all week and show the brunt o.
price cut.
Packers had been given good sup
ply of the medium and common steer!
which they have bought at lower price!
and are taking them In place Of thu
COWS and heifers. which causes trade