Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-08-13
RECEIPTS TOO HEAVY
Too Many Cattle This Week
Send Price of Beeyes of
so Cents
HOGS ACTIVE AND HIGHER
oGs ACTIVE AND HIGHER
Sheep Trade Good and Prices Holding
Fairly Well Though rs Cents Lower
Than Last Week-Hoas About 20
Cents Lower-strke Paralysis the
Cause.

Chicago. Aug. 13.-With cattle very
We're mostly nominal with beef steers
averaging about 90 cents lower than a
week ago and rs cents ds1.25 lower
than the high time two weeks ago 1t
was a case of too many cattle marketed
at time when business was paraliZed
by the strike. which has extended to
the New York butchers.
one of the heaviest buyers OF cattle
in the trade said: Packers have GER
tainly put forth every effort to afford
place for the supplies of cattle that on
certain days have run considerably
above the volume that is warranted at
this time. We have bought cattle two
days In advance OF our killing at times
in order to move the offerings and
keep the market from congestion. 1t
is we'll to say word OF warning for
next week, too. A considerable move
ment of western range cattle here is
assured, and the marketing, especially
Of half-fat native cattle. should be re-
stricted as much as possible. Trade
both east and west is pretty we'll filed
up with beef now. The demand for
beef is naturally narrow at this time
of year and the outlet is slow. Trace
may be overstocked very easily next
week. and especially with the grades
of native cattle that are below ship
ping and export class. Western range
cattle will be taken in preference to
the inferior classes OF native steers.
Both buyers and statesmen have OF
late been advocating more equally dis
tributed receipts thruout the week in
stead OF the punched offerings on two
or three days. and in view OF the de-
moralized condition Of trade this week
it is now deemed wise for country own
ers to at once adopt the plan OF dis
tributing shipments instead of sending
a big run one day, overtaxing buyers
capacity and thus practically forcing
them to take offerings and hold until
they can be slaughtered, which buyers
will not generally do unless big conces-
sions in values are made, which en-
ables them to hold stock at the ex-
pense OF the late owners.
Hogs.
There was an active general demand
and prices We're about 5 cents higher
for the better class while the common
er offerings showed advances of I y a
10 cents. Rapid increase in receipts
has caused several declines IN prices
during the week and hogs are now
selling 20 cents lower than last Satur-
day.
All the packers were in the market.
and they bought quite freely, consid-
ering conditions, yet offerings were ex-
cessive, and the country viii have to
curtail shipments somewhat, as the
market Is apt to go considerably lower
in the near future with anything like
liberal receipts.
Sheep.
Trade was fairly good at recent
range of prices. Last week choice
sheep were % cents higher than now.
While there have been no big bands
of western lambs here late this week,
packers bought freely enough OF suea
early in the week to stock the trade
pretty well for the week, and they
have been very Indifferent to the good
native lambs that have been offered
Very choice native lambs have SOLD
here late this week at $3.50. Western
lambs OF the best class are still quo
ted by the trader who handles them
up to $500.