Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-03-13
CATTLE MERE ACTIVE
General Demand Today Was
Good and Trade Large, But
Prices Were Lower
CHOICE BEEvEs WERE SCARCE
Leisht Weights Were in Good Demand
and Exporters Were Good Buyers
Cows and Heifers Fairly Active at
10 Cents Lower-Hoss Demand Was
Fairly Good at 5 to 10 Lower Prices.

fairly active general demand To-Day
and a good business was transacted IN
cattle, but prices We're weak and large
ly 10 lower, owing to the heavy supply.
There was the usual scarcity of choice
fat beeyes, and accustomed prepron-
derance of short fed stock. Light
weights were in good demand, and
exporters were good buyers. Cows
and heifers were fairly active at ~
lower, stockers and feeders in fair de-
mand at steady prices
The continued broad shipping ana
export demand has been one OF the
main stimulants to the trade in the
past month, forcing lively competition
and affording quite satisfactory outlet
for practically all classes of beef
steers Some apprehension is felt
among many traders, that a period OF
reaction may be noted in the near fu-
ture. and especially in the event OF
much larger receipts than are now
coming, tho the general sentiment
among sellers favors high prices dur
ing the spring months, and while re-
actions are to be expected at times,
any downward trend of values which
may be forced will, according to most
sellers, likely prove but temporary.
Tone of general demand is at present
too strong, say traders, to admit OF
much lower prices under moderate re-
ceipts and with a continued normal
volume Of supplies such as have come
during the past month, prospects of
firm prices would seem to be quite ia
vorable.
Demand was slower than usual,
prices weak, at an average of SOLO
lower.
This weeks receipts, approximately
| 153,157, are about 1000 under packers
estimates, but are 10000 more than
came a year ago, when bad country
roads interfered seriously with the
marketward movement. The six vest
liern markets have received approxi-
mately s56,1OO against $4,000 last
week and 243,O00 year ago. Shipping
finding that outlet, against $1,000 last
week and 47,312 year ago. This de-
mand is the secret of the strength of
the market. Packers are looking for
less than 10000 next week. Sentiment
in growing circles is still persistently
bullish and is likely to retard market
ing in the near future. The season Of
bad roads is also at hand, making err
ratio runs a certainty.
The high spot of the year was
reached this week and the reaction has
been but slight. The first two days
of the week developed considerable
strength, the market showing a 500
cent advance each day. On, Tuesday
$5.221a, the high spot of the year. was
paid for several loads of heavy.
Wednesday saw break. the extreme
decline being SOLO cents. Part of this
was regained Thursday, which brought
a good active market, but Fridays
trade was easy to shade lower.
Packers are still persistently bullish.
There is no apparent disposition in
speculative circles to aid them in
boosting the price of provisions to a
higher level, and they are disinclined
to let hogs advance without a cores
ponding upward movement on the
part of provisions. Stocks are prac-
tically all in their hands. Bulk of
winter product was put up at profit
but hogs are now cutting up at a loss,
and the recent advance was made pos
sible only by growing fresh meat de-
mand, which will displace the provis-
ion pit as the market influence from
now on.
Sheep.
There was a fairly active general
demand at steady to slightly lower
prices