Part 2

+-----------------------+-----------------------+ Markets. | Cattle and calves. | Hogs. | +-------+-------+-------+-------+-------+-------+ | Re- | Ship- | Local | Re- | Ship- | Local | |ceipts.| ments.|slaugh-|ceipts.| ments.|slaugh-| | | | ter. | | | ter. | ---------------+-------+-------+-------+-------+-------+-------+ Chicago | 79,076| 25,332| 53,744|126,432| 27,148| 99,284| Denver[1] | 9,482| 7,767| 2,272| 2,793| ... | 2,675| East St. Louis | 30,067| 14,640| 10,101| 48,094| 17,536| 22,904| Indianapolis[1]| 9,533| 4,398| 4,919| 60,437| 32,349| 27,399| Kansas City | 78,446| 43,851| 31,002| 28,914| 8,109| 20,926| Oklahoma City | 7,767| 2,509| 4,557| 4,574| 272| 4,142| Omaha | 35,557| 23,657| 11,900| 30,607| 5,687| 24,920| St. Joseph[1] | 13,639| 5,006| 9,101| 21,122| 2,953| 17,541| St. Paul[1] | 24,301| 13,023| 12,163| 31,339| 4,445| 27,035| Sioux City | 15,032| 11,659| 4,296| 28,068| 9,874| 16,285| Wichita[1] | 7,554| 5,422| 2,415| 4,236| 127| 4,270| ---------------+-------+-------+-------+-------+-------+-------+ Total |310,456|157,264|146,470|356,616|108,560|267,381| Previous week |324,438|153,997|154,269|373,574|100,615|258,235| ---------------+-------+-------+-------+-------+-------+-------+

+----------------------- Markets. | Sheep. +-------+-------+------- | Re- | Ship- | Local |ceipts.| ments.|slaugh- | | | ter. ---------------+-------+-------+------- Chicago |148,779| 57,903| 90,876 Denver[1] | 44,713| 34,469| 4,086 East St. Louis | 7,434| 1,081| 4,062 Indianapolis[1]| 2,823| 1,547| 1,323 Kansas City | 47,121| 12,179| 24,234 Oklahoma City | 165| ... | 165 Omaha |126,966| 73,496| 53,470 St. Joseph[1] | 28,565| 8,123| 17,545 St. Paul[1] | 19,209| 6,823| 12,381 Sioux City | 8,242| 4,293| 4,564 Wichita[1] | 399| 251| 169 ---------------+-------+-------+------- Total |434,416|260,165|222,875 Previous week |403,963|169,947|213,446 ---------------+-------+-------+-------

[1] Week ending Friday, Sept. 30.

=DAILY AVERAGE WEIGHT AND COST OF HOGS FOR WEEK ENDING OCT. 1.=

[Price per 100 lbs.]

+---------+---------+---------+---------+---------+ | Mon. | Tues. | Wed. | Thurs. | Fri. | | | | | | | ------------+---+-----+---+-----+---+-----+---+-----+---+-----+ |Wt.|Cost.|Wt.|Cost.|Wt.|Cost.|Wt.|Cost.|Wt.|Cost.| ------------+---+-----+---+-----+---+-----+---+-----+---+-----+ Chicago |272|$7.10|255|$7.29|262|$7.31|246|$7.30|246|$7.43| E. St. Louis|195| 8.22|188| 8.16|188| 8.16|204| 8.00|209| 7.94| Kansas City |209| 7.53|209| 7.52|209| 7.54|225| 7.35|221| 7.23| Omaha |304| 6.41|292| 6.61|289| 6.84|300| 6.44|290| 6.96| S. St. Paul |243| 6.58|235| 6.83|245| 6.95|236| 6.95|246| 7.20| ------------+---+-----+---+-----+---+-----+---+-----+---+-----+

+---------+---------+---------+---------- | Sat. | This wk.| Last wk.| 1 yr. | | | | ago. ------------+---+-----+---+-----+---+-----+---+------ |Wt.|Cost.|Wt.|Cost.|Wt.|Cost.|Wt.| Cost. ------------+---+-----+---+-----+---+-----+---+------ Chicago |280|$7.06|259|$7.25|263|$7.42|247|$15.74 E. St. Louis|201| 8.10|198| 8.10|192| 8.17|196| 16.35 Kansas City |270| 7.33|213| 7.46|213| 7.77|220| 15.79 Omaha |292| 6.41|294| 6.55|299| 6.86|273| 15.72 S. St. Paul |211| 7.02|240| 6.86|236| 7.16|...| ... ------------+---+-----+---+-----+---+-----+---+------

The above prices are computed on packer and shipper purchases.

_Hogs._--The hog market had a fairly healthy tone and the erratic fluctuations which marked the trade for several weeks previous were, for the most part, missing. While during the preceding week, average cost of hogs at the markets under review showed a decrease, Chicago prices dropping to the lowest levels since early in 1916, closing prices of the week under review were generally 10¢ to 15¢ higher than the previous week-end. A broader eastern demand was partly responsible for the advance.

While the proportion of new crop hogs showed a seasonal increase at practically all points, the continued heavy receipts of packing sows caused considerable comment. Traders at Chicago do not recall any recent period when receipts at this time of the year carried so large a percentage of packing sows as do current offerings. Packing sows were of almost uniformly good quality, many of them being almost as smooth as barrows. Several of the smaller packers at Chicago turned from heavy barrows to good and choice sows.

Many of the new-crop hogs showed very little finish and buyers complained that many were “dopey” apparently suffering from the effects of initial rations of new corn. On almost every day butcher hogs averaging 200 lbs. to 240 lbs. sold at top prices at Chicago, while the 160-lb. to 170-lb. kinds closed considerably under top quotations.

The closing top at Chicago was $8.30 with the average cost that day $7.06. The average cost of packing and shipping droves for the week at that point was $7.25, with the average weight at 259 lbs., the lightest since the week ending Aug. 6. The closing top at East St. Louis was $8.35, at Kansas City $7.65, at Omaha $7.75, and at St. Paul $7.60.

SHEEP AND LAMB TRADE IMPROVED.

_Sheep._--Considering supplies, which at leading western markets were the heaviest of the year, sheep and lamb trade during the final week of September showed some improvement. Receipts at Chicago were larger than during any previous week since 1919 and range lambs, carrying the largest proportion of feeders of the season, were greatly in the majority.

In the fat classes, supply and demand were evenly balanced and as the feeder outlet developed considerable breadth, closing prices on all classes were practically steady with the close of the week previous.

Sheep were generally steady at all points except Kansas City, where prices worked 25¢ to 50¢ higher on fat classes. Fat lambs closed lower for the week at Omaha and higher at East St. Louis but were little changed elsewhere. Feeder classes sold steady to somewhat higher at all points. The range movement started early this summer and the early season output of feeders was small.

_Opening, Oct. 3._--Beef steers were strong to 25¢ higher at Chicago with desirable corn-feds gaining most. River markets were generally steady to strong on corn-feds and slow to lower on grassers. The week opened with a big run of 35,000 cattle at Kansas City. Chicago’s receipts at 20,000 cattle were well below expectations and the supply of good corn-fed cattle showed a marked decrease. Top yearlings reached $11.15 at Chicago, the highest point reached since early in January and within 10¢ of the top for the year on yearlings.

With receipts moderate, hog prices were generally strong to 15¢ higher. East St. Louis reported a 15¢ to 25¢ advance with top hogs at $8.55. At Chicago the top was $8.45 and at Omaha $8, at Kansas City $7.90 and at St. Paul $7.50.

Fat sheep and lambs opened generally steady to 25¢ higher. Western fat lambs topped at $9 at Chicago, $8.50 at Omaha, and $8.40 at Kansas City. Fat natives reached $8.50 at Chicago. The fat ewe top was $4.75 at Chicago, $4.50 at East St. Louis, and $4.25 at Omaha. Best feeder lambs brought $7.25 at Chicago on a firm market and $7 at Omaha.

=LIVE STOCK PRICES, TUESDAY, OCT. 4.=

[Per 100 lbs.]

+-----------+----------+----------+----------+--------- | Chicago. | East St. | Kansas | Omaha. |St. Paul. | | Louis. | City. | | ---------------+-----------+----------+----------+----------+--------- HOGS. | | | | | Top | $8.55| $8.65| $8.10| $8.10| $7.75 Bulk of sales | 6.65- 8.40|8.25- 8.65|7.25- 8.00|6.25- 7.50|6.50-7.75 Heavy (250 lbs.| | | | | up), medium- | | | | | choice | 7.60- 8.40|7.50- 8.55|7.15- 8.00|6.75- 7.50|6.75-7.50 Medium (200-250| | | | | lbs.), common- | | | | | choice | 8.20- 8.50|8.40- 8.65|7.35- 8.10|7.00- 8.00|6.85-7.75 Light (150-200 | | | | | lbs.), common- | | | | | choice | 7.85- 8.50|8.25- 8.65|7.00- 8.10|7.35- 8.10|7.35-7.75 Light lights | | | | | (130-150 lbs.),| | | | | common-choice | 7.65- 8.20|8.15- 8.50|6.75- 7.85| ... | ... Packing sows | | | | | (250 lbs. up), | | | | | smooth | 6.65- 7.25|6.25- 6.75|6.25- 7.00|6.15- 6.65|6.25-6.85 Packing sows | | | | | (250 lbs. up), | | | | | rough | 6.25- 6.65|5.75- 6.25|5.50- 6.25|5.75- 6.15|6.00-6.40 Pigs (150 lbs. | | | | | down), common- | | | | | choice | 7.10- 7.75|7.65- 8.30| ... | ... | ... Stock pigs (130| | | | | lbs. down) | ... |6.75- 8.25|6.50- 8.35|7.00- 8.00|7.50-8.25 CATTLE. | | | | | Beef steers: | | | | | Medium and | | | | | heavy (1,100 | | | | | lbs. up)-- | | | | | Choice and | | | | | prime | 8.85-10.90|8.75-10.00|8.50-10.00|8.50- 9.75| ... Good | 8.25- 9.65|8.25- 9.25|7.00- 9.00|7.75- 8.50|7.75-8.75 Medium | 6.00- 8.75|5.25- 8.25|5.25- 7.25|5.50- 7.75|6.00-7.75 Common | 5.00- 6.00|4.50- 5.25|4.35- 5.25|4.25- 5.50|4.25-5.75 Light weight | | | | | (1,100 lbs. | | | | | down)-- | | | | | Choice and | | | | | prime |10.25-11.25|9.75-11.00|9.50-10.35|9.75-10.75| ... Good | 9.00-10.25|8.50- 9.75|7.10- 9.50|7.50- 9.75|8.50-9.50 Medium | 6.00- 9.00|4.75- 8.50|5.00- 7.40|5.25- 7.50|6.00-8.50 Common | 4.75- 6.00|4.00- 4.75|4.00- 5.00|4.00- 5.25|4.00-6.00 Butcher cattle:| | | | | Heifers, | | | | | common-choice| 4.25- 9.25|4.25-10.50|3.75- 8.00|4.00- 8.75|3.50-8.75 Cows, common-| | | | | choice | 3.50- 6.75|3.25- 6.00|3.35- 5.50|3.75- 6.50|3.00-6.50 Bulls, | | | | | bologna, and | | | | | beef | 3.65- 6.35|3.25- 6.25|3.00- 5.25|3.00- 6.25|2.75-5.50 Canners and | | | | | cutters: | | | | | Cows and | | | | | heifers | 2.50- 3.50|2.25- 3.50|2.00- 3.35|2.25- 3.75|1.75-3.00 Canner steers| 3.00- 3.50|2.50- 3.00|2.50- 3.25|2.50- 3.75|2.25-3.00 Veal calves: | | | | | Light and | | | | | medium | | | | | weight, | | | | | medium-choice| 5.50-11.50|6.00-11.50|7.00-10.00|7.00-10.00|5.00-9.50 Heavy weight,| | | | | common-choice| 3.50- 7.00|3.00- 7.00|3.00- 6.50|3.50- 7.25|3.00-6.00 Feeder steers: | | | | | 1,000 lbs. | | | | | up, common- | | | | | choice | 5.00- 6.75|5.00- 6.50|4.60- 7.00|5.00- 7.25|3.75-6.25 750-1,000 | | | | | lbs., common-| | | | | choice | 4.85- 6.50|4.50- 6.50|4.50- 6.90|4.75- 7.00|3.50-6.00 Stocker cattle:| | | | | Steers, | | | | | common-choice| 3.75- 6.50|3.50- 6.50|3.40- 6.65|3.75- 7.00|3.25-6.00 Cows and | | | | | heifers, | | | | | common-choice| 3.25- 4.75|2.50- 5.50|2.50- 5.50|2.75- 5.50|2.50-4.00 Calves: | | | | | Good and | | | | | choice | ... |5.25- 6.25|5.50- 6.50|5.75- 7.25| ... Common and | | | | | medium | ... |4.00- 5.00|3.25- 5.25|3.75- 5.75| ... SHEEP. | | | | | Lambs: | | | | | 84 lbs. down,| | | | | medium-choice| 7.25- 9.25|6.75- 8.75|7.25- 8.75|7.25- 8.75|6.25-8.00 Culls and | | | | | common | 4.75- 7.25|4.00- 6.50|4.00- 7.00|4.75- 7.00|3.00-6.00 Feeding lambs| 6.00- 7.25| ... |5.25- 7.00|6.00- 7.25|4.50-6.50 Yearlings, | | | | | wethers, | | | | | medium-prime | 5.00- 7.00|4.50- 6.00|4.50- 6.25|5.00- 6.25|4.50-6.25 Wethers, | | | | | medium-prime | 4.00- 5.50|3.50- 5.00|4.00- 5.25|4.00- 5.00|3.25-4.75 Ewes: | | | | | Medium-good | | | | | and choice | 3.00- 5.00|3.00- 4.00|3.25- 4.60|3.25- 4.50|2.75-4.00 Culls and | | | | | common | 1.50- 2.75|1.00- 2.75|1.00- 3.00|1.50- 3.00|1.00-2.75 Breeding ewes| | | | | (full mouths | | | | | to yearlings)| 3.25- 6.25| ... |3.50- 5.75|3.50- 5.25| ... Feeding ewes | ... | ... | ... |2.75- 3.50| ... ---------------+-----------+----------+----------+----------+---------

=WHOLESALE PRICES OF WESTERN DRESSED MEATS, TUESDAY, OCT. 4.=

[Per 100 lbs.]

+--------------------------------------+ | Chicago. | +------------+------------+------------+ | Oct. 4. | Sept. 27. | Sept. 6. | ----------------------+------------+------------+------------+ Fresh beef: | | | | Choice |$16.50-17.50|$16.50-17.00|$17.00-17.50| Good | 15.50-16.50| 15.50-16.50| 15.50-16.50| Medium | 12.00-14.00| 12.00-14.00| 11.50-14.00| Common | 8.50-10.00| 8.50-10.00| 8.50-10.50| Cows-- | | | | Good | 11.50-12.00| 11.50-12.00| 11.00-11.50| Medium | 10.00-11.00| 10.00-11.00| 9.50-10.50| Common | 8.00- 9.00| 7.50- 9.00| 8.00- 9.00| Bulls-- | | | | Common | 7.75- 8.25| 7.75- 8.25| 7.50- 8.00| Steers-- | | | | Fresh lamb and mutton:| | | | Lamb-- | | | | Choice | 17.00-18.00| 18.00-19.00| 19.00-20.00| Good | 15.00-16.00| 16.00-17.00| 17.00-18.00| Medium | 13.00-14.00| 14.00-15.00| 15.00-16.00| Common | 10.00-12.00| 10.00-12.00| 12.00-14.00| Mutton-- | | | | Good | 9.00-10.00| 9.00-10.00| 10.50-11.00| Medium | 7.00- 8.00| 7.00- 8.00| 9.00-10.00| Common | 6.00- 7.00| 6.00- 7.00| 6.00- 8.00| Fresh veal: | | | | Good | 16.00-18.00| 17.00-19.00| 19.00-20.00| Medium | 13.00-15.00| 12.00-14.00| 16.00-18.00| Common | 9.00-12.00| 8.00-11.00| 12.00-15.00| Fresh pork cuts: | | | | Choice | 19.00-20.00| 19.00-21.00| 20.00-22.00| Loins-- | | | | 8-10 lbs. average | 24.00-26.00| 25.00-27.00| 29.00-30.00| 10-12 lbs. average| 20.00-22.00| 21.00-23.00| 27.00-28.00| 12-14 lbs. average| 18.00-20.00| 18.00-20.00| 22.00-25.00| 14-16 lbs. average| 16.00-18.00| 16.00-18.00| 19.00-21.00| 16 lbs. and over | 12.00-15.00| 13.00-15.00| 15.00-18.00| Shoulders-- | | | | Skinned | 13.00-14.00| 14.00-15.00| 14.50-15.00| Picnics-- | | | | 4-6 lbs. average | 10.50-11.00| 11.00-11.50| 12.00-12.50| 6-8 lbs. average | 10.00-10.50| 10.00-11.00| 11.00-12.00| Butts-- | | | | Boston style | 16.00-17.00| 16.00-17.00| 18.00-20.00| ----------------------+------------+------------+------------+

+-------------------------------------- | New York. +------------+------------+------------ | Oct. 4. | Sept. 27. | Sept. 6. ----------------------+------------+------------+------------ Fresh beef: | | | Choice |$17.00-19.00|$17.00-19.00|$18.00-19.00 Good | 14.00-16.00| 14.00-16.00| 15.00-17.00 Medium | 11.00-13.00| 12.00-13.50| 13.00-14.00 Common | 9.00-10.00| 10.00-11.00| 9.00-12.00 Cows-- | | | Good | ... | 10.00-11.00| 11.00-12.00 Medium | 9.00-10.00| 9.00-10.00| 9.00-10.00 Common | 8.00- 9.00| 8.00- 9.00| 8.00- 9.00 Bulls-- | | | Common | 8.00- 9.00| 8.50- 9.00| 7.00- 7.50 Steers-- | | | Fresh lamb and mutton:| | | Lamb-- | | | Choice | 18.00-19.00| 19.00-20.00| 20.00-21.00 Good | 16.00-17.00| 16.00-18.00| 19.00-20.00 Medium | 15.00-16.00| 15.00-16.00| 16.00-18.00 Common | 10.00-14.00| 10.00-14.00| 10.00-15.00 Mutton-- | | | Good | 11.00-12.00| 12.00-13.00| 11.00-13.00 Medium | 10.00-11.00| 10.00-11.00| 10.00-11.00 Common | 7.00- 9.00| 7.00- 9.00| 5.00- 9.00 Fresh veal: | | | Good | 18.00-20.00| 19.00-21.00| 22.00-24.00 Medium | 14.00-17.00| 15.00-18.00| 19.00-20.00 Common | 8.00-10.00| 9.00-12.00| 14.00-17.00 Fresh pork cuts: | | | Choice | 21.00-22.00| 23.00-25.00| 25.00-26.00 Loins-- | | | 8-10 lbs. average | 27.00-28.00| 23.00-30.00| 29.00-30.00 10-12 lbs. average| 25.00-26.00| 27.00-20.00| 26.00-28.00 12-14 lbs. average| 21.00-23.00| 24.00-25.00| 23.00-25.00 14-16 lbs. average| 18.00-20.00| 18.00-20.00| 20.00-21.00 16 lbs. and over | 15.00-18.00| 16.00-18.00| 17.00-18.00 Shoulders-- | | | Skinned | 14.00-15.00| 15.00-16.00| 15.00-16.00 Picnics-- | | | 4-6 lbs. average | ... | ... | ... 6-8 lbs. average | 11.00-12.00| 11.00-12.00| 13.00-14.00 Butts-- | | | Boston style | 18.00-19.00| 18.00-20.00| 17.00-18.00 ----------------------+------------+------------+------------

MEAT TRADE NARROW DURING MOST OF SEPTEMBER.

Fairly Good Demand Early in Month Not Sustained--Week-End Accumulations Frequent.

Fresh-meat trade during September was narrow and movements into consumptive channels were considerably less than during August, except for a short period at the beginning of the month when there was a fairly good demand for all classes. Although receipts of some classes were less than normal, week-end accumulations in wholesale markets were frequent and as a rule sharp declines followed.

Supplies of beef at eastern markets were approximately 8,250,000 lbs., or 13,800 carcasses less than a year ago. Veal supplies decreased 6,300 carcasses and mutton 32,000 carcasses. Lamb increased 63,000 carcasses, or 2,500,000 lbs. At eastern points the decrease in supplies of fresh pork from locally slaughtered hogs was more than offset by increased shipments from middle western packing centers and a net increase of 110,000 lbs. for the month was shown.

BEEF TRADE UNIMPROVED.

_Beef._--Improved trade conditions which were expected to follow cooler weather did not materialize. Average weekly supplies were less than for several months past, but the demand was curtailed to an even greater extent. With liberal quantities of low-grade beef offered at packing centers, increased supplies of sausage material were available, and prices in most cases were fully 50% below those prevailing a year ago. Comparatively little choice beef was offered at any of the markets, and when it appeared in the form of heavy carcasses it was hard to move, selling only at a heavy discount. Carcasses weighing from 450 to 600 lbs. were the kind most in demand.

With supplies at eastern markets consisting chiefly of medium to good grass-fed steers, prices were uneven and during most of the month tended downward. Boston was relatively steadier than other eastern markets and closed only about $1 lower, while New York and Philadelphia registered sharp weekly fluctuations and closed unevenly $1 to $2 net lower. Although the demand at Chicago was again narrow and showed no apparent improvement over that of the preceding month, price changes were slight. To some extent this was caused by local conditions and the ability to adjust supplies to the demand.

Cow beef constituted a relatively small proportion of the offerings at all markets, and was materially less in quantity than at the same time a year ago. Markets were not generally supplied with bulls, and in most cases daily receipts were insufficient to justify quotations.