Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-04-14
BEEF PRICES MAKE
ADDITIONAL GAIN
MOST CATTLE LEVELS BOOSTED
IN CHICAGO, THOUGH FANCY
GRADES ARE STEADY
HOGS HOLD STRONG
Market for Porkers Not Materially
Changed; Holds Up to About
Last Weeks Basis; Some
Higher.

EVERYTHING in the beef line on 1901
has been given a boost this week AT
the Chicago yards, influenced IN the
main by the most stingy arrivals SINCE
last July.
Prices of hogs have not changed ma
terially either way and the high spot
for the week is not up to that OF the
close last week. The run was about up
to requirements.
An irregular trade prevailed In sheep
and lambs The former while selllng
up to $3.50 this week are closing
dime or more under. Lambs topped ti,e
week at $8.45 which is under last week.
Prime beef sales at $3.50 the same
as last week, were repeated this week:
Right god to choice steers are quoteu
15625c higher than the low spot
week ago, plain and medium steers
which went about dime lower on
Monday are now quoted about that
much higher than week ago.
Heifsrs Become Popular.
Heifers of desirable killing class
have sold on high basis throughout
the week, eliminating in advances on
Wednesday that carried the bulk or the
tidy weight fat heifers up to levels 20
035c higher than week ago, a gain
that was not fully held in all instances
here today. The weeks trade on hell
ers, however of decent to best killing
classes has been on the strongest basis
Of prices of the year to date. Scarcity
Of such kinds has been somewhat pro-
nounced and they are becoming sea-
sonably popular. though q wide spread
in prices exists between habitat kinds
and finished corn fed grades.
The higher general trade In butcner
stuff than week ago has been influ-
enced by another week Of very light
receipts. The advances have come IN
the face OF an unsatisfactory beef mar
ket and could not be held, In trade
opinion, under any material swelling
Of the supply. Packers assert that good
beef cows and strong weight heifers
are costing too much money relative to
steers, and in consideration Of the
somewhat generous supplies or Argen-
tina beef reaching the Atlantic sea-
board markets.
The general run Of butcher and can
ner COWS Is showing advances ranging
from 5@35c over last weeks closing
basis, with low grade dairy cows sell
ing downward from $3.50 showing the
least strength and the strictly good to
choice heavy beef cows and fat heif-
erish kinds the most gain, some of the
latter, in fact, being considered as
much as 35040c higher than low time
early last week.
Renewal Of good eastern demand
and brisk buying by packers locally &C
counts for the higher prices In the bull
market. Most of the bologna and COM
moner light bulls are making 50@65c
higher prices than the low time a week
ago Wednesday are selling largely at
25@4Oc gain over that time. Good to
choice strong and heavy weight bulls
are a little lower while prime heavies
are selling higher.
Trade in stock and feeding cattle
has followed the rest Of the beef trade
with advances Of 15025c on the week.
though the extreme is not better than
a week, the changes being centered on
grade just below prime sorts. Demand
continues to show the best on we'll
bred yearling stockers and light feed
ers Of good class. All these grades are
finding an outlet in excess Of supplies.
Westward the demand is broader than
for some time and good grass pros
poets in the eastern territory. with
shortage Of your stuff to Craze is bound
to keep prices UP. Stock cows and
heifers are meeting a rather limited
country cain but are selling higher.
Gamers and Cutters Up.
A better demand and shorter receipts
has assisted in little boost for Gamer
and cutters this week, the top for the
first time in several weeks reached
$525 which is about lO@15c better
than week ago.
Packers orders for prime vealers to
go into Easter trade again proved the
principal influence in the calf market
Frequently sales have been made over
the $40 market and few fancy lots for
the outside trade were put over at
$1O.75.
A survey Of feed lots in Chicago ter
ritory warrants expectancy that there
will be enough beef to satisfy present
defcient demand right along. Both in