OCR Text |
Show CATTIE PRICES SHOW DECLINE Shipments Keep Up While Market Mar-ket Breaks 50c to 75c. Hog Shipments Light. By J. A. KICKART, Correspondent Kansas City Stock Yards, Dec. 20, 1912. Cattle received here this week 44,000, same week last year 29, 200. Since the break of Monday Mon-day some little repair work has been done on the general cattle market, though fed steers remain re-main close to the low point reached, 60 to 75 cents under two weeks ago. Butcher grade's have lost only half as much, and stock cattle and feeders have put on almost as much as they lost, likewise calves. Most of the fed steers now sell at $6.90 to $8.00, and for a time quotations quota-tions above nine dollars have probably disappeared. The break this week, and the holiday next week will work together to cause small shipments, and a light run is expected next week, with possibly pos-sibly some advance in prices. Liberal marketing here and elsewhere else-where this week is not regarded as reflecting true cjpditions in the country. Feeders evidently consider the situation safe, from the way they are supporting the Native cowJTsell at $4:50 to $6.75 largely, bulls $4,75 to $6.00, veal calves up to $10.00. A fairly liberal run of quarantine cattle has been received here this week, sales of fed steers ranging from $6.00 to $7.15 mainly, with one four car drove of 1200 pound Texas steers at $7,40 Wednesday. Considerable Arkansas a. n d Louisiana stuff is coming, which sells at $3.40 to $5.00, about the same prices as were in effect before be-fore the break. Buyers want cheap cattle, hence the steady market on low grade southerns. Best stock steers bring $7.00, feeders $7.40. Hogs received here this week 41,700, last week 76,200 same week last, year 71,000. Owners have administered adminis-tered effective medicine to the market this week by shutting off supplies, and the market has turned upward a little, having ruled strong to a shade higer for three days. Top today is $7.35, bulk $7.05 to 7.30. Present prices show a good margin above corn, and feeders are plainly desirous de-sirous of putting on weight. On the other hand, packers are not concerned much about packing hogs away, being confident that the logic of events will put plenty of hogs in their hands later at prices less than current rates. Sheep received here this week 31,600, last week 28,000, same week last year 26,500. The market mar-ket on both sheep and lambs is 25 to 35 lower this week, because of liberal marketing all around, Here also the dealers regard the heavy run as a ficticious representation rep-resentation of conditions in the feeding districts, particularly in native territory, and they still predict stronger prices. The week ends with best lambs worth $7.60, yearlings $6.75, wethers $5,75, ewes $4.25, feeding feed-ing Iambs $6.50 to $7.00, |