Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-06-02
BEARS IN CONTROL
OF LIVE STOCK
BUYERS AT THE YARDS SEE NO
REASON FOR HOLDING UP
PRIC-S ON FOOT.
CATTLE MARKET OFF
Past Week Has Been Against Sellers
of Butcher Stock and Helped
The Purchaser OF
Feeders.

All three divisions of the Union
Stock Yards came in for furthcr prices
recessions this week. Hogs appeared 20
have suffered a general decline or 500
45c, bringing the top under other west
ern market centers.
Spots in the market for shorn natlFe
ewes show drop of 75c@$1; shorn
lambs off 1Om25c from last week while
woolskins, though few are steady.
Springers in good demand, are the ex-
ception being about two bits week
ago. /.
There is small change in the basis OF
prime beef steers or choice warnings
for the week. Under this grade sharp
declines Of 10625c are seen. Cattle
sales in general were slow in starting
owing to heavy water fills enroute,
buyers Withholding to overcome dead
losses in early purchases.
Under the nine cent line its malt
ing market plain heavy bullocks are
bad actors, though cattle weighing IN
the neighborhood Of 1100-1250 pounds
show the least decline, bringing SS.2oW
$50.
Declines enforced on the Thursday
trade were the severest in single ses-
sion for many weeks past. PACKERS
having more Texas stuff direct holding
that the top heavy condition OF the
butcher market warranted declines ana
were sent out to buy stuff that way or
let it alone.
Handy little heifer yearlings of very
good killing class, eligible to $S.25 and
even better bidding on Monday, as we'll
as choice heavy beef cows Of value up
to $3.50 at the weeks opening, We're
involved seriously in the slump, while
declines were less pronounced on the
plain grades Of butcher cows, Gamer
and cutter stuff; in fact, few Of the
cows selling between s5.25@5.15 on
killing account showed more than
Csc break from late last week and ~
"a zoe covered the loss on Gamer and
cutter stuff.
That something strictly prime in the
vearline line was still in fair favor was
indicated by the sale of two cars OF
ripe mixed steer and heifer yearlings.
nearly half heifers. at 50, yet yearling
heifer stuff that sold here early Mon
day within asa soc of this figure had to
be peddled to get within 35@50c Of
Mondays prices. :,
In the she stock class practically all
kinds are closing the week at declines
Of 1O@15c Texas grassers coming into
Chicago that cost $7.1O@7.35 at st.
Louis helped break she stock prices as
these came into direct competition with
cows and hefers costing s7.25@S. The
market on medium to fairly good heif-
ers, especially the yearl1ng stun, IN
places is quoted at $50 soc lower than
last Monday and week ago. Even the
choice goods are 25@35c off. Trade has
been going badly since the late rounds
Monday and generous run OF yearllng
heifers has made them the worst SELL
ers.
Hot weather and relatively low east
ern markets with liberal receipts were
the prime factors in forcing further
decline in veal calf prices. While S10.2o
was paid for prime sorts early in the
week. closing prices are fully o0@75c
lower on butcher grades. Heavy calves
are not in over supply and find ready
outlet to country buyers. at $7.750S.50.
Eastern Demand Light.
Short eastern shipping demand and a
general desire on the part of the buying
side to put the market down to bet
ter basis in line with the other classes
of cattle, were instrumental in bring
ing about further reduction in the bull
market Everything in this line is sell