Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-06-30
WARMER WEATHER HAS NOT CHECKED
UPWARD MOVEMENT Of LINE STOCK

grades the market Is no better than q
week ago. but prices are steady.
Gamers and cutters have been In
moderate supply and the trade Is show
ing a slow tone with a droopy tend
ency, though declines Of quotable char
ings are carrying very few dry lot
cows and a much smaller showing OF
choice grain fed heifers than, few
weeks back, and they are enjoying a
wider premium over the rank and file
Of the offerings than at any previous
time this season, having held up we'll
In the face Of sharp declines quoted
thing of grassy or unfinished class.
Killers are complaining Of low dress
ing quality. and regardless Of the de-
clines recently enforced here, of Il high
local cost relative to prices current on
other markets.
The packers are still hammering
down the price Of common and light
weight bulls. Last weeks closing prices
and in some cases less money meaning
in instances Csc decline from Mon
days best levels are In effect for bulls
selling down to Sc and the Gamer bulls
around IS. Butcher bulls selling under
81 are also down point while few
Of the best are wanted at steady prices,
up to $40.
Too Many Calves.
With liberal supplies Of calves to
select from and demand narrow, pack
ers have had little difficulty to force
declines. For the general run prices are
off 25050c from last week with the top
at $10.25 on Monday not renewed dur
ing the week. Heavy weight calves for
butcher stock continues hard sellers
and buyers secured decent to good big
calves at $606.50 not showing quality
to attract stock buyers. Best heavies
bring So.
The stock and feeder division Of the
yards has done a good business this
week and up to Thursday prices were
marked up about 15c over last week
This advance has been lost through
scarcity Of country buyers the past few
days. Working in the corn fields is
said TO- have kept many buyers away.
Rain fell in many sections of the feed
ing country Wednesday and Thursday
which should help pastures much and
in the end should stimulate demand a
little more for cattle that at present
are hard to sell. Eastern demand as
well as local call has been short dur
ing the last three days and order buy
ers' business has been Of small volume,
No cattle Of strictly choice quality
have been sent to the country this
week and this kind is quoted up to So
with the top at $8.15.
Receipts during the week have been
of very fair proportions for this time
Of the year and demand light It is an
in-between season when the trade Is
normally Of comparatively small VOL
ume, yet there has been disappoint-
men, in view Of the fact that the fat
cattle market has been acting consid-
cradle better and that rains have Wis
tied several sections that have been
sadly in need Of moisture, that coun-
try demand mas not developed more
| breadth. 1t Is apparent, however, that
most of the early summer grazers have
supplied their wants and 1t Is yet a
little early for much demand to be ex-
pected from Pennsylvania, Indiana and
some other sections were pasturing
| young cattle on wheat stubble fields
is practiced generally. Call from this
source, however, is expected to develop
during the latter part Of July, at which
period the growing corn crop will be
i, far enough advanced to decide dry lot
feeders on the course Of their fall and
early winter feeding operations. 1t is
a busy season on the farms now be-
! tween the harvesting Of the small grain
and the cultivation Of corn, and this
| fact is doubtless deterring many pros
| pective buyers from coming into the
market.
Further Advance Coming.
Ten dollar cattle is confident stock
yard prediction. The visible supply of
corn fed beef for the next hundred days