Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-08-31
RECEIPTS 100 HEAVY
Supplies of Cattle Today Were
Too Large and Demand
Was Not Good
PRICES MOSTLY is CENTS DOWN
Best Class Sold at Fairly Steady Prices,
But Others Were Weaker-The Fresh
Strike Made Bad Market For Hogs
Early Frices Were Higher, But
Weakened Later.

Chicago. Aug. 31.--Cattle fair; too
many cattle are being shipped to mar
ket. Receipts the first half of the week
were $4,000 against $500 last week.
demand today, which was much small
er than usual. Best classes sold very
well at steady prices. but general trade
was slow in getting started and prices
were about 10M15 lower.
The fiye-day market is evidently
about to receive some support from
country shippers, Tuesdays run Of l..
900 cattle, following a moderate Nom
day supply indicating to some traders
that more equal distribution of re-
ceipts may be had In the near future
The buying fraternity was In mood
to clear the run and show to the coun-
try that their round robin" recently
issued was put out in good faith. and
while prices were lower, or about az
Mondays closing level, the market had
fair tone after the first hour or two or
trading and good clearance was eff
fected at the close. The willingness OF
buyers to take hold of stock extended
to the range cattle trade also, and the
general situation was quite satisfac-
tory to sellers on the whole. Buyers
have long claimed that the big Mon
day and Wednesday were detrimental
to their interests as well as to ship
pers, and while in the past. when err
forts at a readJustment of the shipping
plans have been attempted, buyers
showed little interest in the Tuesday
and off day" arrivals, there was fairly
active buying today, tho prices did rule
lower
Hogs.
Receipts the first half OF the week
were $4,000 against $4,000 last week.
The fresh strike made bad market.
Early In the morning there was a fair
amount of buying. prices ruling 10025
higher. but at 10 o'clock business was
entirely over.
There was no spot in the hog market
yesterday where packers showed any
disposition to buy the grassy mixed or
the common heavy kinds at any better
than steady prices. and the principal
packers did not seem to want to make
bids on such stock. Some of II was
taken early by spectators who later
were glad to sell at a loss.
With the strong shipping and specu-
lative demand about so per cent of the
supply changed hands quite early at
an advance of fully cents. The pack
ers bought some of the very primest
hogs offered but from the start they
were very Indifferent buyers on the
common kinds.
The supply of little pigs averaging
over 10 pounds was extremely small
and healthy pigs of such weights could
be sold up toward the top of the mar
ket. Two loads of very light 20 to 90
pound pigs arrived, one from central
Illinois and one from southern Wiscon
sin. Such stock was difficult to get any
bids on and was quoted at about
s4.0om4.50. Coarse. heavy throw-out
hogs were neglected at rather low
prices.
There seemed to be a very strong
opinion that the labor troubles would
be settled within a day or a week Mt
most Even when the packing houses
get to running with the old hands there
will be several factors to be taken into
Considerable numbers
OF hogs, especially those of big weights.
have been held back and owners are
likely To take the first opportunity to
get them to market.
1t should not be forgotten. however,
that the evil effects of the strike will
last much beyond the settlement be-
tween employers and the old employees.
The eonsumptive demands for meat
has been very seriously curtailed, not
only la this country but abroad
The newspaper reports of the situa-
ton have tended to make people ours
tail meat eating to such an extent that
even when the packers are able to
handle quite normal volume of meats !
1t is doubtful whether they can get the |
public to eating meat as before without
making heavy reductions in prices
Among the Chicago live stock trad /
ers the opinion prevails that hogs are
not plenty enough in the country to |
Justify much of break in prices for
some time to come.
Sheep.
There was very good demand.
prices ruling steady to ten lower for
lambs, and a little higher for good lots
of sheep.