The Big Sandy news. [volume] (Louisa, Ky.) 1885-1929, 1916-11-10
best BULLOCKS Sell
At Record Price
AND ARE BELIEVED NOT TO
HAVE REACHED THE
TOP.

Chicago, Nov. Seattle trade has
shown decided irregularity this week,
respectfully on intermediate warmed-up
beef steers, bids in many instances on
such being as much as soc apart. The
close on the bulk of these reveals little
change in value from a week ago, but
good to choice bullocks have been
marked up 10@25c and common grass
i ers have moved with some facility at
recent prices, cheap steers having
worth the money appearance. new
open market record top of $1175 has
been hung up on prime heavy bullocks,
and II is not expected to stand long as
the record, confidence existing that $12
| will soon be quoted, as the visible sup
| ply of heavyfed steers capable of high
dressing percentage is small. A year
ago the same class of steers was we'll
sold at $10.25.
In the hog trade the market hopper
has overflowed this week with pigs
and light weights, which have encount-
cred rather severe declines, most of
them now showing a 50@75c loss from
week ago. This little stuff began
running late this year, but the market
horizon is full of it, many growers pre-
ferring to cash at light weight and save
corn. Packers have been threatening
to buy hogs during the winter, thus
impairing feeders confidence. Good to
choice heavy butcher and heavy pack
ing hogs sold yesterday within 25c of
a week ago.
Record Price for Sheep.
Live muttons are selling at record
lTlr-ica ic .nf 70
will work higher as the winter ap-
proaches. The range movement has
dwindled to comparatively small del
egation of feeders, but native and
warmed-up Western stock out of the
feeding belt has been run freely this
week because it shows a profit and be-
cause of timidity over running up a
heavy feed bill, the corn market hav-
ing scared still closer to the 90c mark.
Top lambs reached SLIPS on the weeks
high spot, and, although $11 was the
limit at week end the trade is conf
dent of a speedy reaction 70 higher
levels, prediction of $12 lambs before
Christmas being freely indulged in. >
The chief handicap to the beef steer
trade this week has been preponder-
ance of one kind of cattle, short-fed
and warmed-up stuff. The percentage
of steers above $l0.25 has been small,
while a large slice of the crop has sold
below $3.50. There is apprehension in
trade circles that the next 60 days will
witness excessive supply of warmed
up st1ff that would have been carried
along with a less onerous feed bill.
The situation is peculiar in that while
half-fat cattle are being shot into the
market regardless of what they realize,
many stockers are going into sections
where corn is realizing the highest
prices on record. Most of such cattle
will be roughed through the early part
of the winter for a corn finish toward
spring when they will have less COM
petition. There are signs of subsistence
of the heavy marketward movement of
grassers from the trans Missouri area
Six points have received about $4,000
fewer cattle this week than last. Beef
in the West will subside in
manner and if liquidation
Of half-fat stuff could be averted, the
market would doubtless give good
account of itself.
Foresees High Trade Ahead.
Forecasts are dangerous alike to fore
casters and those who give them Gre
Il l.