Omaha daily bee., 1914-11-22
Sunday

CATTLE-There were no cattle of any
Importance in the yards this morning,
and the receipts for the week amount to
only 2,S99 head, being the smallest of any
recent week and smaller than a year ago
by over 5000 head. 1t Will be readily I'M
derstood that the cause for the light run
is the cutting off of all receipts from the
east side of the river due to the govern
ment quarantine.
The market from a sellers standpoint
mas been unsatisfactory this week. The
slack demand for meat products at the
big consuming centers has made the pack
ers very bearish, and as the feeder de-
mand has been slack with no business
doing at all in feeders at markets like
Chicago the packers have been in a posi-
ton to pound down the market on kill
ers. The Chicago papers have quoued
beef cattle this week as 81, and in some
cases A.25 lower. with the trade In a
uemoralized condition. In fact, the COM
plant at Chicago has been that 1t was
extremely hard work to sell the cattle
even at the decline.
Western markets like South Omaha,
that are outside the quarantine zone,
have not suffered so severely, although
the demoralized condition of the Chicago
market has had some influence.
Cornfed beef steers at this point are
quoted for the week steady with last
weeks decline, or 2Q75c lower than two
weeks ago. Range beeves, which were
strong all last week, have eased off this
week and are now l5q25c lower than the
close a week ago.
so much change as compared with last
weeks unsatisfactory close, are 25q50c
lower than two weeks ago.
Feeders have been in such light supply
that prices have strengthened up regard
less OF the fact that the demand has
been limited and they are now 16q25c
higher than a week ago.
Quotations on cattle: Good co choice
yearlings, 50. 00Qlio. so; good to choice corn
fed beevse, $S.75a1O. 90; fair to good corn
fed beeves. $S.0OqS. 10; common to fair
prime range beeves, ss.OOQS.6 60; good to
choice range beeves, E.40QS.O0; fair to
good range beeveS, t6.75Ql 40; common to
ehoice heiferS' ss.5oss .5S good to O Saoee
cows, S5.75q6.7 10; fair to good cows %. 25q
SIS; common to fair COWS, N6Ogo .25
good to choice stockers and feeders. 40
az 50: fair to good stockers and feeders,
81. 6Og7.20; common TO fair stockers and
feeders, S5.S0Q6.60; stock heiters, - Jog
SIS; stock cows, N.5OaS go stock calves s'
IS .504S co. veal calves, N.I09lO,E0; bulls,
stays, ETC., S4,75q6,75.
HOGS-Receipts were slightly larger
than on F'ruay and trade opened just
about steady. Some sellers were asking
who could get competition on. their offer
mss succeeded in raising early Offers so
that on the whole the trade was anywhere
from steady to a nickel higher. Movement
was not specially active, but nearly every
thing had been sold by $3.50. Shippers were
free buyers again thus morning, and their
PNA 80
snare OF the supply. Bulk OF the offerings
moved at H.4VpL5O, with shippers paying
as high, as $40 for good hogs on the
light order.
The week trade has been rather unsat-
isiactory to selling interests, and shows
"a decline of anywhere from zoe to 25c.
During the first haf of the week, when
receipts were running over 100 cars day,
Shipping orders were not large enough to
keep killers from pounding prices and up
TO the close of Wednesdays market
values showed a net drop of fully 4Oc.
From then on, with lighter supplies and
greatly improved shipping demand values
strengthened up, the advance for the last
three days of the week being l54Oc.
Packers have fought this Improvement all
the way through and the heavy shipping
purchases are the direct cause Of the
reaction.
Receipts for the week have been much
lighter than was expected, the big break
in values at the opening OF the week evil
IDENTIFY shutting off supplies. Today's re-
ceipts of sixty-five cars or 400 head
bring the weeks total up to 33.441, being a
shortage of nearly 5000 as compared with
last week. and more than $500 smaller
than last year. The big difference between
this week and year ago is probably due
largely to the fact that no Iowa hogs
are coming TO the market at present.