The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1918-05-24

1atIie ...''.... .............4 ,5Ol
| rugs '.........,. .9,UUl
oheep ........... 2,5W
A Week Ago:
CatCle ......... ..............3,50 l
rugs .''''.... ..............l o,5Ot
CATTLE: Market conditions have
not shown great deal of change
compared with this day week ago
This has applied to virtually all class
es of beef steers, stockers and feed
ers, and yearling butcher cattle, the
only exception that we can draw from
this basis is for cows from Gamers
up, which late yesterday broke 15c to
25c per 100.
The supply is of moderate proper
tons and this itself has served as a
stimulus to create a reasonable de-
gree of activity to the trade on gen
era account, but tie fact that cow
stuff broke was due to the reason of
an abundance of cheap priced beef
steers which has brought considerable
pressure upon the different varieties
OF cows, and not only do we expect to
see the market still continue to main
tain this feature with any reasonable
81 Surviving '"ai VI low priced steers, but al
% iooh lor weakness 10 later develop,
even Oh inc low priced steers, as well
Ss e1"s, as soon as tne movement OF
oouth ieXas grass-cattle is inaugu-
rated. In view of the circumstances,
as related, we advise the marketing
VI al short.ieo cattle, regardless. OF
IIo "," '"e neat 'nif'y uayS'
o,;l ioua' IN this department the
sHsntest chahge III the environments
mas oniy Cehded 10 dlsrupt the charac-
etrlSIics VI tne trade. lhls, however,
Is III me WIN the course OF the mar
het OF recent weeks, and the trade has
at tiiheS SHOWN about as strong up
"ard tendency some days as it has
weakness others. AS rule it has
peeh ratner give and take affair be-
tween buyers ana sellers, and hap
Ply average OF around SlIl5 price lev
el mas generally been IN effect, but in
splte OF thls apparent leaning OF the
Graae the market at times has been
oolStered up to SlS and $3.50 basis,
ana then down as low as $3.50. How
ever, from that low point the market
mas reacted since and at the opening
OF the trade today was governed by
a ?lf.oo basis for choice light hogs. |
ms, however, proved OF short dura-
ton, and at the close of the trade to-
Gay considerable weakness was mani |
rest ana the market finished with a |
top OF $II.6O which shows a fiat de-
cline OF 20c with week ago.
1t is just as well to 90 into a little |
more detail, enumerating the causes I
Of the variations in the market. The
most potent factor is that receipts at
Ine eastern markets have been fairly |
liberal, and while ordinarily there has
oeen enough dlfferential between those
ana TINS market to warrant quite a
quota OK orders from that territory,
yet TINS does not exist at this writ
ng, nor mas 1t to any general extent
IL late, ana as result there has been
,uo rtueernene On the part OF Eastern
" this has taken awav ons;dasab a.
to the trade. and the bio
packers have taken advantage of the
situation as far as it was practically
possible most days and they have been
4 very obstinate bunch to contend
With. Had the local packers been the
'ole outlet to the market there is no
.a 10 wnat e&tenI prices might
aye ,, peenl n at en- ihanks to the
10y, ,ip .oa.I oi ene pig Independents
!, rL iu'a. que DGtchefs IN St. LOUIS, the
.aas n. III sp au u Inns mas retained a
eeoohaoie uesfee VI ACTIVITY. Under