Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-03-08
Great Bulk of Offerings Are
Short Fed and Thin and
Bring Low Prices
SALES AT MONDAYS DECLINE
stocker and Feeder Trade is Active at
Range of $50 to q - Recent I'm
satisfactory Prices Causing Stock.
men to Hold Back Their Hogs =
Sheep Active.

| Chicago March S.-Eattle-It was an
I ordinary Tuesday market, offerings be-
| ing largely made up of common and
medium sales, which were slow a Mon
| days decline. The great bulk of cattle
now coming to the market consist of
short fed steers that are half TO two
thirds fat and only a small percentage
of receipts sell up to $500. Choice
far from plentiful, buyers being oblig-
ed to substitute medium class selling at.
.6594.95. Cows and heifers are sell
Ing fairly Well at 1.15@4.25, stockers
and feeders trade very active at zoo
a $50 for inferior up to $500 400 for
| medium feeders.
Conditions in the cattle trade lately
have not changed very much. but
events of the past week or 10 days have
tended to show that whether wisely or
not beef cattle have so far this year
been cut loose with very little regard
for prices. 1t has SO far been case
of get rid of them and stop losses.
Not all cattle have lost money. There
have been conspicuous examples lately
OF cattle that returned fair remuner-
alton to feeders, but the advancing
tendency Of corn has been the deciding
factor with many men who would like
to make cattle good and take chances
on getting fair returns for them.
Canning grades of cows are selling
rather better than fat she stock, and
If the Japanese would let the Russians
buy and receive what war beef they
would like. or IL the little Japs would
buy as much of 1t as they ought to
need themselves, it is predicted that
"canner' prices would be compare
lively out of sight. There is going to
be very heavy filling of war supplies
by nations that are not now in any
mix up.
Hogs.
Recent unsatisfactory prices are
causing stockmen To hold back their
hogs, only $4,000 arriving today and but
$500 left over last night. Meagre af-
ferings helped sellers and sales averag-
ed about as high as yesterday.
Hogs are not coming as freely as
packers predicted, nor are they coming
as good and heavy as they seemed to
hope they would.
There is an increase of over 100000
hogs at Chicago for the year SO far, but
the run was not heavy year ago. and
last year was year of high hog prices.
With current hog values about Sc
per hundred pounds lower than year
ago on the heof, it looks as IL the
trade had very heavily discounted any
increase in supplies. To be sure 1t
must be remembered that the small
packer is abroad in the land and is get
ting in his work in great shape. The
recent heavy slump in pork products
has carried mess pork to a point more
than 81 barrel below the price of n
year ago. The remark of n Chicago hog
man that live hogs ought to be worth
more in the future than old pork, is
interesting to the trade at the present
time
Leading hog buyers here are Of theY
opinion that receipts of hogs will be-
comparatively light in numbers and
weight for 80 to 60 days but there arc
some among them who argue that the
cold weather and had transportation
have held hogs back and that the hope
of still higher prices has caused u good
many farmers to keep in stock more
hogs than the trade generally realizes
Sheep.
There was an active demand from all
classes of buyers at the recent decline
in prices.