Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-10-06

are csc off while prime sorts dropped
from a top of $11.75 last week to $11.3s
his week.
Bull trade while displaying some
tirmness in the midweek, closes at
about the lowest of the week mainly on
weights of under 1.400 pounds. Much, OF
the low quality stuff Is fully CSC lower
while the a and file of b%olognas ara
down 10m15c, although choice beef
bulls hold steady,
Chicago receipts this week were sos
44S head against $4,000 expected ia
come and compared with 56,627 for the
corresponding time a yea ago.. Prime
cattle a year ago sold at $3.50.
Hog Run is Small.
A few head less than $40, 200 hogs ar
rived at Chicago stock yards the past
month, being among the lightest on
record for September and about 220, 900
less than arrivals for September, 1919.
The past months vi a smallest for
any month in -four years Shipments
for the month of September totaled
around 10000 smaller than a yea ago
and second smallest months total thia
year.
Hog supply has been light this weeh
all around the market circle, but prices
have not responded. Somewhere, how
ever, bottom Of the slump will be reach.
ed. 1t is estimated that provision stocki
at the five western points decreased
10000. 900 lbs during September and
that lard stocks at Chicago will show z
reduction Of 5000 tierces on Oct /. II
retail prices could be revised downward
as fast as hog values decline, consump.
ton would be increased, but this ap-
pears to be impossible.
With the approach Of bad weather
larger proportion of pigs and light hogs
is expected. More of this stuff is show.
ing up now. resulting in a decreasing
average weight. AS Ygs are healthy, Il
is reasonable to assume that there will
be a surplus Of young stun to market
before the country gets on a winter
feeding basis.
The top for porkers this week was on
Tuesday, $9.15 but each day brought the
level lower, a little strength showing up
Friday but not enough for a general
advance.
Receipts this week with today's re.
ceipts estimate figure 88,21S head
against 100, 900 expected and compared
with 15o.S3S head for the corresponding
time a year ago.
Iowa Gets Feeding Lambs.
The proportion of feeding lambs in
the western run has Increased mater
tally Of late and many are going into
~finishers' hands. Omaha shipped 1858
feeding sheep and lambs la week, OF
which 10000 went to Iowa and Illinois,
which means Chicago territory. So far
Missouri has been a very light buyer
at Omaha and few have gone from that
market to Michigan. ~.
Factors, entering into current scarc-
ity are shortage Of breeding stock on
the range and in the corn-belt and bull
ish spectators in the west who COB.
bled the big end Of the range sprinl
lamb crop n are marketing 1t judi.
cious4y, holding a a world Of eve
lambs and y%earlings to resell on tbs
range for stocker purposes, and hold
ing much more to hay-feed for the
winter market.
1t is perhaps illogical to expect cur
rent big prices to hold through the fall
months and some of the froth that has
formed on the present bulge will doubt
less be blown off, but prices might de-
cline 81 per cwt and still be high I'M
relative sense as measured by formo,
years, and there will be no gettinl
away from a high fall and winter mar.
ket.
The market has recovered practically
all of the early week decline on fat
! western stock, some medium stuff be-
ing still possibly 10M1Jc down from a
week ago. Natives are as high as late
last week, top native lambs, in fact, loo
higher. Feeding ewes and lambs have
lost 15@25c, but best light feeder year.
lings and good feeding wethers havs
held up well.