Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-05-16
Last Weeks Receipts Were Too
Moderate to Admit of Con-
gestion of the Market
UNDESIRABLE LOTS WERE DULL
Fat Cattle Held Firm at Recent Prices
and Cows and Heifsrs Were in Good
Demand - Liberal Supply of Hogs
Today Caused a Slight Decline in the
Price.

| Chicago. Nav observation-disclosures was
n fairly active demand, last week
| weeks receipts having been too moder-
ate to admit of any burdensome accu-
mutations of beef here or elsewhere
| The dullness was mainly confined To
undesirable lots, which We're slow OF
sale at about former prices. Fat cat
tie held firm at recent quotations. Cows
and heifers We're in very good demand
and steady. Stockers and feeders trade
fairly animated.
The market seems to be in that con-
dition where a supply little over the
necessity of the demand causes n decid-
ed break, but when receipts fall below
the requirements of the trade the up
ward progress is very slow. The fact
is, the demand for fresh meat OF any
kind is not as strong as 1t has been and
packers are able to get along with few
er cattle. There was not as much dis
elimination made last week by buyers
against the heavy cattle as usual. for
they were forced to take them because
the supply was a little short. AS q mat
ter of fact, the heavy cuts of meat are
growing less in demand as the warmer
weather approaches and as long as
buyers can get enough OF the light
weights they will neglect the heavy.
The demand for feeding cattle has
been remarkable strong this spring for
the high grade class and the price for
the best is nearer the level of good fat
steers than it has been for a year. Last
fall feeders bought their cattle on what
they considered a conservative basis,
but with corn worth close to so cents
they found out later that they got them
too high. Comparatively few made any
money during the past winter, the
profit, where there was any, coming
mainly from the hogs that followed the
cattle. Good feeders usually sell pretty
well at this time of the year and prices
now are not as high as year ago,
while fat cattle are at about the same
level.
Hogs.
AS generally anticipated, there was a
liberal supply today, resulting in active
general demand. Eastern shippers and
local packers and butchers were oper-
ating freely and sales reached good
ptopci luis. 4 lie idESe supply caused
weak market from the opening to the
close, prices averaging cents lower.
With the end of the corn planting
season. which will b, within a week or
two. there will be an increased volume
of hogs moving toward market, aad
lower prices are apt to rule for time.
Increasing weight and improving quail
fty of hogs coming are both factors In
favor of more liberal supplies OF hog
In the near future.
This tendency toward heavie. weight
of hogs being marketed at this season
has brought selling prices of light AMI
heavy weights closer together than
they have been for several months and
the indications now are that the nice
hog of around or under 200
pounds weight Will sell at premium
unless there is an unlocked for inn
provement in the market for lard.
Sheep.
Prices generally were unchanged,
there being a rather active general de-
mand.