Grand Forks herald., 1916-10-24
CATTLE VALUES
DIP ON BIG run
Killers Draw 10 to Is Cents
Down Often-Stocker
Clearance Spotted.

SOutn 81. Idul, OCt. Z4.-lHe mar
ket here was deluged with cattle again
and best guesses on the size of the run
even at late hour were not based
on any very reliable data although 1t
was certain that the record crop of
week ago had been considerably out
stripped. Everybody connected with
the industry in any way had hands
more than full Monday and only a
fraction of the stuff reaching the mar
ket had found outlet up to the noon
hour.
Packers set out to get killing stock
enough cheaper to offset the heavy
water fills taken by cattle and bids at
the start showed discount of 10 to IS
cents on the big contingent of native
and palmer range stuff that glutted
the yards. High grade Western
steers were conspicuous for their
scarcity and such property was not
Quotable at any discount. Fat range
steers of the 1,3O0-pound and heav-
Ter sorts were nominalay quotable up
around $500 but nothing was here of
the kind to make that figure in the
early DEAL
In fact the percentage of steers
good enough to make 1925 or more
was small and a world of intermedi-
ate to plain steer stuff found best out
let obtainable between $3.50 and $500
with trashy kinds even cheaper than
that. 1t was fairly decent class
that earned between $500 and $500.
Packers pounded down the in-be-
between grades Of she stock some al
though slump was hardly more than
enough to offset the excess water
weight carried over the scales. Min
nesota, Wisconsin and the Dakotas
sent in an enormous quantity Of low
grade stuff. effects of last weeks bliz-
zardy weather being apparent.
Cutters and Gamers were wanted
by several outsiders as well as local
packers and held about steady. The
$3.50 was big. Bulls also benefited
by outside competition and held about
steady.
Best veal calves were boosted a
quarter to a s10.75 top. Common and
heavy kinds. including wieners, sold
no better than steady and upper linn
it for the heavy sorts was between
$500 and $3.50.
! Estimated receipts were 1880 cat
tie and 700 calves against the previous
record run Of 1886 cattle and 613
calves a week ago and 1855 cattle
and $50 calves a year ago.
Nine Western markets had 104, 500
cattle and $500 calves, considerably
less than a week ago when 5000
cattle and $4,000 calves showed up
at the same points.
SPRING.
Duluth, Oct. PA wild and sharp.
ly higher opening marked Mondays
prices were scored, l.S4 1-2 on De.
cember and 1882 SIS for May. News
generally was Of a bullish tenor es.
pecially the reports from Argentine
and the trade was strongly on the
/ buying side. The market continues
strong in the face of the sharp ad.
vance the past week and no reaction
situation. Closing prices were only
8 5-Sc above Saturday. Volume OF
business passed was fairly large.
Durllm.
Duluth. Oct 24.-The market had s
further violent upturn in prices Mon.
day. Sharp bidding and lack of selling
1.s9 and May 1.ss Is. On the extreme
advance profit taking by longs easec
market up to the end. Settling spots
were 3 ga to 4 1-8c above Saturday
Trade passed on the whole was OF
good volume. Bullish foreign situation
and short crop are the chief factors
for higher prices.
+ Flax.
Duluth. Oct. PA strong and &C.
tive market prevailed in f1axseed un.
der GOOD trade Monday. The bullist
Argentine situation offset the large
receipts over the holiday and togeth.
er with an urgent demand from
crushers caused prices to bulge tc
new high levels. October going tt
271: November 2.71 ga: Decembe,
267 1-2 and May 2.7l ga. Price fluct.
uations were fairly wide throughout
the session. Market however weaken
towards the close, eventually finish.
ing 1-2c up on all issues excepting
May which advanced &c from Satur'
day.