Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-09-07
The Small Run Today Failed
to Stimulate Buying and
Market Jagged
CHOICE KINDS SOLD HIGHER
Medium Export and Shipping Kinds
Were Steady, but Common Steers
Were Dull SelIers-Hogs Advanced S
Cents, With Several Carloads Selling
as High as 535.

Chicago. Sept. 7.-Cattle-The small
run TODAY failed to stimulate the activ-
ity in the demand for medium and
common steers, and the general trade
ruled slow. Choice kinds sold ten high
er than Tuesday, tho still weak to ten
lower than the high range Monday,
while medium export and shipping
kinds went very steady. Common steers
were dull sellers. Continuation OF the
strike caused slow inquiries from pack
ers and lower prices abroad hurt ex-
port demand. The quality of offerings
generally was good.
The run in the first two days this
week totals but 15,2S2 head. against
81 ,229 in the same period last week,
g., 269 head a year ago, and 1858 head
two years ago, but the present demand
seems to have slumped off in proportion
to the big decrease in receipts, and
whether buying will rule better later
in the week is now quite a puzzle to
traders. OF course, the demand from
local Independent packers is cut Off as
a result of the tie-up in their plants,
but Strengthening operations have been
partly resumed in New York, and SELL
ers We're yesterday at loss to under
stand the Indifferent buying OF these
concerns. The absence of any export
demand was to be expected, though
traders had anticipated a broader in-
curry from local buyers and shippers,
and all were disappointed at the lack
of interest shown in the trade.
Now the strike situation is clearing
and prospects appear bright for d re-
newal of normal operations here, it is
believed by some traders that
stronger demand for feeding stock will
soon be noted, though with the prices
for fat cattle on so uneven basis
country feeders, who are not yet as
sured of a big corn crop will hardly
come into the trade very freely. The
demand from eastern buyers is quite
liberal, and most of the fair to good
grades arriving find outlet thru that
source.
Hogs.
There was another general advance
of five, with several car loads averag-
ing ITS to 210 pounds as high as $5.S5.
the highest point reached In nearly two
months. While best grades are selling
close to $780, quite a good many coarse
heavy and grassy mixed lots are going
around IS, the spread between common
and best hogs being the widest In
months. sf
The hog market was moderately sup
piled yesterday and proportion of the
choice light and medium weights was
small. Packers were slow to take
hold and heavy and common weight
hogs were neglected from the start and
sold at no better than steady prices.
While the shippers We're operating
there was considerable activity on the
light and medium weights that were
good.
The common mixed. even those of
light weights, were not much in de-
mand, packers, refusing to buy good
many that Lacked meat"
There was very little relief on the
heavy grades at the best and several
thousand 290@350 pound hogs. includ-
ing some very good ones, remained un-
sold if not without bids.
A lot Of 1863 pound hogs, fat, solid, of
good quality and uniformity, there be-
ing not one III Tie lOI WClSlliiiS 1888
than $40 pounds, sold at $500. No
packer or shipper would bid on them,
however, and they had to be sold to
speculator There is no reasonable de-
nand for such stock.
Country shippers do not seem TO
realize this. An Illinois hog buyer
declined to send in some ITO pound
hogs that he thought We're only
"stock hogs" but they sold within DC
of the top of the market. The same
man bought some 350@375 pound hogs
which he thought ought to sell within
10c of the days top and they We're
sold with great difficulty 6oc below
the top.
Sheep.
With a considerable number left over
from yesterday, the lead was heavily
stocked today and all change in prices
was towards the lower level. Sheep
trade was steady to 10 lower, while
lambs were slow at about Is to 20 be-
low Mondays best prices