Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-02-08
LIVESTOCK FIRMS Up
Cattle Prices Make a Decided
Advance and Hogs are
10 to Is Higher
SMALL MONDAY SUPPLY OF HOGS
SMALL MONDAY SUPPLY OF HOGS
Sheep Were Fairly Active But Liberal
Offerings Affected the Price-Therc
Was Lively Demand for Hogs and
the Cattle Market Lost Last Weeks
Depression.

| tieIireSslotrl NtiS followed today ny "a de-
oided improvements THE market frmed
up largely TO 10 CENTS higher.
There was good deal of bobbing up
and down in the cattle market last
| week, but at the finish the downs prov
ed to be rather more than the ups. 1t
Twas another week OF serious disap-
/ pointnient TO the trade all around and
made the situation more puzzling than
! ever. The weeks supply ran out less
THAN $4,000 head. which is an excep-
/ tionally small weeks offering. Ordi-
naully this reduction IN the receipts
would have occasioned a sharp adj
vance in prices but 1t was different.
| for there We're conditions that We're
hard to understand which had the cf-
lfect of bringing about Very bad re-
suits.
| The denloralizing close the week be-
| fore carried a bad influence into last
weeks trade. In the first place there
were about 5000 stale cattle held over.
and, with more than $4,000 In the fresh
supply, offerings proved too heavy for
the immediate demand which was by
no means up to par. The situation was
made even worse by the fact that the
bulk of the cattle were common and
medium in quality Buyers had light
orders. and 1t seemed that nobody
wanted the half fat steers that We're
the most an evidence. After such a bad
close to the market the trade WAS
much surprised to see such a liberal run
here last Monday, but on Tuesday it
was evident that the effect of the re-
cent glut had reached the country.
for the supply was much reduced.
Traders We're as much surprised the
other way on Wednesday,. however.
when the supply totaled only $500.
which was one OF the smallest We'd
nesday's run in very long time. Nat
urally there was hope with this light
supply, OF regaining much OF the recent
decline. AT the start there was sharp
demand, principally from shippers aud
exporters and while 1t lasted prices
showed an advance of 15G25c. There
was no support from packers. however.
and before the day closed about log
15c of the advance was lost, showing a
very unsatisfactory outlet. Thursdays
market was weak, to 10 cents lower
on medium cattle and on Friday there
was no Improvement The market new
er acted more peculiarly than 1t has
during the past ten days. and country
shippers would be glad to know what
sort of colored man Is in the wood
pile. When the market breaks so sew
orally with the supply cut about 80
per cent 1t shows that there must be
something very much the matter with
the demand.
Hogs.
The aggregn,bs supplies We're small
for Monday, anh prices advanced 10 to
IL cents under "a l4vey local and ship
ping demand.
inster hogs
Total receipts last week were 1e9.-
900. a decrease of $4,000 from the
week before. Trade, as usual, of late
weeks. was very slow to get started.
but nibbling around here and there
indicated that buyers were willing 20
clean up the supply on basis of about
Fridays closing prices or a strong
nickel higher than early rounds of that
day. Later when the buyers got to
going, they bid slightly stronger pri-
ces and the market for the day was
quotable strong to cents higher than
Fridays close.
Estimates on receipts for today We're
based constantly on condition of coun-
try roads: should roads be in shape TO
move hogs 1t is thought there will be
"a large supply. Figures We're placed
at 10000 to $4,000 with popular guess
SEES around $4,000.
Sheep.
There was a fairly active general de-
namd. but prbeks were weakened by
liberal offerings and sales were aarge!y
10 cents lIlwrt'.