Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-01-13
WEEK HAS BEEN AN ACTIVE ONE IN THE
CHICAGO STOCK MARKET; PRICES CO UP

lHCllnSu TO pelleVe lnll CiioiSe AVSo>i
yearlings are headed toward the &c line.
Demand is pretty well scattered over
Illinois, Indiana, Michigan and ONO,
but there are few Pennsylvania and
Maryland and Virginia orders for rea-
son that prices for light stuff have gone
up above the limits most buyers in
those states are willing to pay. TOO,
they have had access to a, considerable
crop Of light Canadian stockers TINS
season. and the Canadian invasion has
reduced demand in local trade.
Two weeks OF light general receipts
at all points prior to this week afford
ed killers opportunity to unload lot
Of beef from their coolers, and 1T also
DEVELOPED broader eastern demand
for good cattle. Here, then is the chief
factor in influencing this weeks up
turn in values, and it will naturally re-
quire some conservative supplies next
week to sustain the current elevation
of costs.
Following are the price changes for
the week:
Choice to prime steers quoted at Ss.so
1880 last Saturday brought dime
more this week but nothing arrived on
the Friday market to sell at better than
SS75; medium to good steers $SmS.7o
q week ago closed unchanged; ordi-
nary to fair. s6.60@7.75 week ago
against $6.S5MS.10 yesterday; rat cows
sold up to $7.75 for prime stun during
the week as against 1925 for the best
last Saturday: Gamers and cutters
about the same at s3250465; though
some classy stuff brought as good. $40
on Wednesday; native bulls OF select
stock sold as good as So on Monday, the
ajority brought $7.35m7.40 and close
the week at s6.75M7.50; in the he1fers
division a few sales were recorded at
S9.15. but the average is nearer 1928
for the best grades; stockers and feed
ers, select. 900M110O pounds are up 1oc
over last week and about 1Oc on the
lesser grades, the best bringing $7.4o@
1865 yesterday. compared with 1880
$50 week ago; good to choice heavy
calves selling at s6.7507.75 last Sat
urday brought a quarter less Thursday
and closed yesterday at $6.75@15O;
good to choice stock calves have had
little change, being quoted at $1,000
S.25: medium weights are a little strong
to a quarter better on Wednesday over
a week ago and close at $500
7 90 fair to good vealers while selling
at an advance Of soc over last Satur-
day the tone on the close is not as
strong; prime vealers topped the week
at $11.5O@l2, which is a quarter bet
ter than a week ago, the final sales
were at that price.
Total unofficial receipts this week,
SO 500, against $1,000 estimated; COM
pared with 30,671 the arrivals last
week
Porkers Strong.
Last weeks 20@35c advance in hog
value has apparently inspired conf
dence in the ranks Of the feeders as to
the stability of prices. Another ad-
vance Of 1Oc was tackled on this week,
bringing the top price back to the fore-
part of November. With the exception
of Wednesday the market has held
firm all week. Packers and shippers
both have been in a scramble to buyt
and anything that looked like a decent
hog was readily taken up. Small re.
ceipts east together with continued
coed demand for pork products abroad
TO-. the upward tendency Of prices. Ex-
port trade of enormous volume and
shows an expanding aim The vest
ern and river point market have fol-
lowed Chicago in the advance. There
appears to be scarcity Of hogs in
Canada. Toronto being on $3.50 basis
and Montreal s9D9.25. Present hog
market conditions are exactly the re-
verse of those existing a year ago,
when feed was abundant and cheap.
A wear AGO packers were conducting the
cutting operations with a view of max
ing the maximum quantity OF meats
and throwing as little into lard tank
as possible but the chances are that eff
forts to make lard will be in order very
shortly. Weighty hogs are at prem
irrl and with the abundance Of $50 "a
IS? pound stuff this early in the season
we hacve doubts if there will be any
piling up lard stocks very early this
year Some Of the Chicago buyers have
stated that almost so per cent of the
arrivals in the Chicago the past month
have weighed less than 200 pounds.
Mixed hogs 10 to $50 pounds selling
at s7.95GS.20 last Saturday were off a
dime on Wednesday but closed yester-
day at $S.15 $3.50, the best price Of the
week: medium weights with 10c
spread last Saturday at sS.1o6 $40 We're
off 5m1oc Wednesday but Fridays
closing brought them back to $3.50
6 80: light butchers and shippers down
to s795mS1O on Wednesday recovered
this weakness and closed yesterday at
sS.156S3n: heavy butchers also off a |
dime Wednesday came lack strong yes
terday and closed at 10c over last Sat
friday at. sS.20DS.40: heavy packers
down to s7.s5@s.1o on Wednesday
closed Friday at a net advance Of 100 ,
i5c over the previous weeks close, It
rough heavies, while only
Of; G nickel Wednesday,, this Vas e.
gained yesterday and closed at their
j, est at sS.O5Is.l5: fair to choice lights
s7.956S.15 last Saturday
closed yesterday at sS.C5GS.20, a recov-
cry OF 511oc over the low spot We'd
nesday; those~in the 1850 1855 pound
class closed the week at their best.
c790G 215; pigs Jared less fortunate
this week, being 15m25c under last
week on Wednesdays soft spot but the
G. ,se is better at $6.400 100, or 100 Csc !,
/ cow last Saturday.
Unofficial receipts this week, 10000, !,
acainst 900 estimated; compared
with 12o,247 last week.
Sheep Quality Poorer.
While the general price comparison
in sheep and lambs are on a par with
last week the quality has not come to
the mark Of few weeks ago The !,
$40 top is equal to last week but !
stuff selling at that figure lack the slick
finish, though well worth the money
the $S.501S.75 top at Buff ,
falo Tuesdays market was a sticky
affair and declines of 10@15c were re-
corded but the decline was only tempo
rary and the closing prices are at the
best of the week.
The market for the killer trade has