Daily capital journal. (Salem, Oregon) 1903-1919, 1916-01-22
Portland Stock Market
Stays Firm and Strong

Today-The cattle market als been
inactive since Monday, only few
loads being received and moved at
steady prices. The market has rath'
er weak tone buyers having a surplus
of supplies. Choice light steers are
quoted today at $775; cows $6.OO@6.25
Light runs of cattle since Monday
have surprised nobody. The easiness
in the market Monday was due to the
fact that buyers are not anxious bid
ders this week. This condition can be
accounted for largely to the condition
of the lumber trade. Practically all
the lumber camps have been shut down,
after opening, on account of the severe
snow in the timber.
Steers-Choice steers have gone
somewhat lower rhis week and the
$3.50 class of last week could not make
more than $775. Some good steers
sold Tuesday at 81 that were consider
ed steady with Monday. Hlin heavy
steers nave had some discrimination
but the bulk of the best handy weights
are not more than ten to fifteen cents
off of the previous week. Opening of
lumber camps should push steers well
back where they were. This is espe-
cally true of the common and me-
dium grades.
Cows and Heifers-While demand
has not been ON healthy basis this
week, COWS, especially common dairy
maids" have sold very well-fully
dollar a hundred more than they did
three or four months ago. Wednesday
a bunch of common stuff of this type
sold at from So to Sc. The bulk of them
going around $3.50. This price for this
class of cows looks very good.
Very few strictly choice fed cows or
hoifers are coming in-but what of
fering are coming meet with fair re-
ception
There are very few "lunger" sus.
poets coming forward lately.
Bulls-Bulls are in a little better de-
mand than few weeks ago, but buyers
are doing nothing sensational for them.
Fat, heavy bulls are getting the best
end of the deal, bringing in some cases
as high as $3.50, while bolognas are
going at around $3.50
Calves-There has been no vealer
trade since Monday. Fair weight veal
ers Of good quality brought $50. Tie
popular price recently being around
this figure.
Sheep Prices High.
Today-No sheep were offered for
todays market but both lambs and
mutton are in good demand. The out
look for shippers is good.
General-Not a great number Of
sheep and lambs have arrived this
week to date, yet il the average keeps
up last year S record of January should
be equalled and possibly increased.
The scoring of $S.25 lambs has Gre
ated some entapstasm in the sheep
house and it is barely possible that re.
eeipts should be slightly increased.
Weather conditions have kept back
some shipments.
Despite the fact that lambs and
sheep prices are better than for three
years here the market situation is
healthy, The good price for pelts and
the high price Of wool is doing a great
deal to keep the market of this basis.
The week has brought no new ad-
vance except in the common sheep end
especially old ewes. Sheep owners
are very optomistic as to the season s
feeding and there are few indeed who
will use red ink in making up their loss
and gain statements this year.
With lambs at $S.95 and the excel
lent price of killing sheep, feeders are
not worrying great deal over the mar
ket situation.
Hog Prices Good.
Today-Although the market has re-
mained unchanged since Monday it has
a very strong undertone. Nothing with
a good finish has been offered tae last
few days and would bring top prices
it they could be obtained. Receipts
consist mostly Of valley stuff. Choice
light hogs today are quoted at $7.15@
T.s0.
General-ITog prices Monday was
very strong affair aud showed con
tinung high market. The bulk went
at $40. A few loads went at S7.20
and one load of exceptionally well put
up hogs at S7.25. This price put North
Portland well in line with all other
American markets for tae day, Chicago
and st. Louis only being higher
Monday aud since packers brought
good quality light weights largely at
$40.
This week 5 receipts so far have
been nothing startling and outlook is
not brivht for heavy offerings before
Monday. Traders in general not an