Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1917-04-16
HEAVY RECEIPTS GIVE
BUYERS AN ADVANTAGE

South st. Paul, April 16.--Dullness
rather than depreciation was the out
standing feature of the cattle trade
last week. Following Immediately
after the brisk and strong market of
the previous week. the trade prob
really was. The situation favored
packers just about enough to permit
them to take some of the edge off.
Receipts here showed a good gain
over the previous week. total being
close to 10000, including more than
5000 calves. 1t was the second larg-
est single weeks run of the year. Out
side points combined also showed a
slight gain over the previous week.
Rather severe cuts were enforced at
some markets.
The steer division reveled in quality
stuff last week. Top records were
passed in rapid succession. After a
new top of $11.45 was set late Mon
day. a load made s11.75 Tuesday. In
the early trade on Friday $12 was
reached for the first time on straight
loads in this market, and later IN the
same day W good loads went at
y12.25. Nothing in odd lots sold bet
ter. Fat bullocks, however, did not
escape the price trimming with other
grades. though 1OM15c about covered
Az NASSouul VII lIlc Slu1I Selling dDONe
$1,000. The in between steers and
the common ones felt both packer
and jobber pressure and We're weak
and draggy the latter half Of the
period.
Cows and heifers were damaged
more than the steers, some of the
medium grade she stuff being rated
26c lower tina h week before. All
OF 1t. however, was selling high
enough to stand the depreciation. The
V@8.50 spread caught bulk Of the
cows and heifers all week. The fat.
good quality stuff made s9m1O.5O,
with odd sales up to s11.
Gamer and cutter trade was not
very Voluminous last week. Prices
weakened off some along with the fat
cattle. a range of $5.25@6.25 too
most Of the tanners and cutters OBJ
tanned by packers.
Bull trade resisted price deprecia-
tioh about as we'll as anything. Quite
a little outside buying was in evidence
most of the week. though some Of
h larger buyers We're bearish and
sought to get their stock at lower
levels.
Veal calves wavered Just once. de-
Ginning Csc in value only to recover
1t the following day. Receipts were
the heaviest in many months, more
n 5000 calves showing up here.
The momentary weakness in the
hog market merely served to show its
strength. After starting the week
with a gain in prices. the market ad-
vanced again Tuesday to the highest
point yet attained. "A top of $3.50
was reached that day. Then the mar
ket faltered. dipped a trife on the
midweek session. but steadied Thurs
day and came back a shade stronger
Friday. The net result for the week
is a gain of 5@10c.
Receipts started out rather liberal.
but dwindled some toward the close
of the period. and for the week are
just about on a par with supplies here
the past few weeks. around $4,000
hogs. The hogs last week averaged
pretty much the same in weight each
day.. around 100 pounds, going to 1914
on the midweek session.
Pigs did not show the unevenness
that the mature porkers did. Prices
strengthened steadily until at the close
OF the week the youngsters were SELL
Ing at $13.75M13.S5 in many cases.
With the exception Of the Friday
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