Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1917-07-02
WEEKLY REVIEW OF
LIVESTOCK MARKET

week., CLOSING IBuTo Oo1AS LILO Ao"SSS
OF the month. and in the case Of cattle
the lowest Of the year. Sheep held
steady most Of the week, the only
| change being q decline Of SOC in
heavy eve on Friday.
The decline in cattle began the mid
die Of the month and was augmented
last week by a progressive deprecta-
ton which amounted to 25@ 40c by
the close Of the period. 1t put prices
at the low point Of the year and
showed no favoritism as to classes.
Everything was affected, and all but
decent dry fed stuff took the full
measure of the decline.
Dizziness to the trade was more Of a
feature than the depreciation in
values. After nearly six months of
pretty good markets traders were not
very we'll prepared for such slow mar
kets as ruled all week. They had to.
depend on packer buyers o practi-
| cally all their outlet, as stocker and
feeder trade was the meanest in
weeks.
Receipts were liberal all week, theI
biggest week in fact since the first In
May. The six day total stands at TO-
500 cattle and 5000 calves. Quality
was likewise the poorest in several
weeks. and these two factors COM
! bined and added to the depressing in
fluence of liberal marketing at other
points, kept sellers at a disadvantage
all week..
Relatively speaking, steers sold
lower last week than she stuff, due
to their almost utter lack of quality.
Only half a dozen loads Of decent beef
material showed up all week, best of
it selling at $12.20-12.35. Everything
>I1> t. ~ 10 N-~ -A~t HHr1nr GIN
and much of it under 50 each day.
| Considerable of the steer trade was
on the common stuff and stock steers
discarded by jobbers. Much Of this
business was at 1907.
Cow and heifer trade was pretty
we'll punched all week at $500
$50. Here and there a fancy heifer
was singled out for $9@9.50, but for
$8.50@8.76.
Gamer and cutter trade was free
most days because there was a lot of
stuff graded into that class. Prices
at the close were fully 40c lower than
a week ago Saturday, and in some
cases Soc. Most of the Gamer trade
at the first of the week was at 1915
@G, while at the close it was heaviest
at $5.50@6.75. with shelly cows down
to $5.25.
Bull trade also was fairly active all
week at a decline Of 25@40c that put
light and medium bulls mostly under
81, and all but a few choice butchers
at $7@7.76.
Veal calves declined SOC the latter
half Of the week, putting top veals at
the close at 1880 and seconds up to
Sill. Weiner calves also were trim
med some al the first Of the week,
selling generally in the $500
spread.
stooker and feeder trade was dull
all week and mostly SOC lower. Dairy
close, with prices $5@7.5Q lower.
Lowest range and bulk Of hogs
since the last week in March were
reached last week when values fell
rapidly. At the close of the week
prices were, with the exception Of the
top, 25@35c lower than Monday and
a big SC lower than a week ago Sat
urday.
Extreme top for the week was
$15.25, which ruled until last two
days. Percentage of hogs all week
above SIS was very small, and only
right good butcher grades sold that
high. Quality was not better thar
fair all week and buyers showed more
Of a disposition to sort closely. They
wanted good butcher grades, which
were scarce, but there were plenty OF
mixed and packing hogs, and these
sold at a disadvantage most Of the
week. Light hogs were not wanted
much unless they had special quality
Packers also were Disseminated
against in the buying, and a lot of this
stuff was selling toward the $14 al
the close.
Pigs sold on a strong basis until the
last two days, when they weakened
in sympathy with the hog market
Best pig stock sold up to s13.6o dur
ing the week, but toward the close
$13.25 was top, with lighter stock
selling down to $3.50.
Last week was one Of the heaviest
Of the month in receipts, more thar
$1,000 hogs showing up here.
Sheep and lamb trade vas the
%broadest 1t has been In some time
with prices generally steady except in
the case of fat ewes, which were low.
cred SOC toward the close.