The Farmington times., 1918-06-28
LIVE STOCK REPORT
National Stock Yards, June 20
Receipts and Comparisons.

Today Wk. ago
Cattle ........., 5000 1000
Hogs 10000 $4,000
Sheen $500 4,500
CATTIE.---Up TO the time of our
last write-up the market in general
was in pretty good shape, but week
ago today the break came which pre-
vailed throughout the week on all
classes except the prime beef steers
good enough to sell at $16.50 per 100
and better, which commanded steady
prices, regardless of the fact that all
other classes werelon the decline. The
strictly prime finished cattle are very
scarce and this no doubt is ther prin-
cipal reason for them being able to
withstand declining tendencies. How
ever, as we have mentioned hereto.
fore, Texas and Oklahoma grass and
caked cattle are moving freely now,
and these coming in direct competi-
ton with, all native grades, except the
prime finished kinds, has had it's in
| fluenee upon the market. Receipts
were rather liberal last week, show
ing an increase of about 1000 head
over that of the previous week, and
as the season has been so favorable
thus far it is more than likely that
the supply will continue generous.
Consequently we believe that nothing
can be gained by holding cattle if
they are ready for the market. In
fact the accumulation Of short-fed and
in-between kinds of cattle will do the
market no good, but the shipping of
those that are in shape to move will
net more money on the present mar
ket than they will later on. Strictly.
we'll finished cattle will continue TO
sell good throughout the season, due
to their scarcity. Gamer and cutter
grades have not suffered as severe
break as the medium beef cattle, and
this demonstrates what we have claim
ed right along that the in-betwecn
kinds, regardless of sex, can break
sharply, due to the influence of Sou
thern cattle or heavy receipts. At this
writing the market in general is about
steady with last weeks closing prices,
when good steers showed a decline
of rs cents; stockcrs and feeders 81
lower; butcher cattle and cows 81 to
SO off, and Gamers 25 cents to so
cents lower. This break, however, is
apt to cause temporary cessation of
receipts and a corresponding strength
in the market.
HOGS.-Compared with week ago
today this trade is about 40 cents low
er, the top on that day being $16.90,
while at this writing it is $16.50. The
price range, however, is on narrow
er basis than it has been in many
months, as virtually all classes are
selling very close together. Receipts
will display very important part III
determining what trend the market
will display in the future. Heavy
runs will undoubtedly mean a break.
ing market and light supplies an ad-
vancing one. However, since the
Government has placed beef on the
restricted list, limiting the consump-
tion of so many pounds to the indi-
vidual, and allowing fresh pork, this
should revert to the betterment of the
hog trade in general, but as to what
the actual results will be will have to
be determined by the conditions as
they may develop during the next few
weeks.
SHEEP.-This department has been
no exception to the severe breaks that
/ have been recorded in the cattle and
hog markets. In fact the decline or
both sheep and lambs has just been
about as much as it has in any other
department. However, in view of that
fact that prices have been abnormally
high light along, it is only natural
consequence to expect q sharp price
reduction upon the first signs of Il
liberal movement. The runs for the
past week or ten days have been lib
eral for the time of year, in fact, last
, weeks supply was almost double that
of the previous week and as result
all classes showed decline of 81 To
81 per 100 pounds. The market, how
ever, opened this week on a steady
basis with the close of last week, and
with lighter receipts should show
some reaction before the close of the
present week. However, we are in
; clined to look for a more or less slid
ing scale to determine market condi-
tions in the future. 4.,
National Live Stock Com. Co.
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