Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-05-20
CATTLE HAVE DECLINED
Receipts Have Been Too Large
For Demand and Prices
Are Lower
ToDAYs PRICES UNCHANGED
roDAYs PRICES UNCHANGED
There Has Been an Average Decline
of About rs Cents for the Week -
Hogs Demand Has Been Good and
Prices Have Been Fairly Well Main
tained-sheep Are Steady.

JSllCaGO, Mdy GU S+eltllS - ~
hundred head is the estimated number
received here today, being falf SAT-
urday run. They were mostly COM
mon cattle, butcher stock predomln-
ating, and sold at unchanged prices.
Too many cattle for the present re-
duced demand have caused further
average decline this week OF 25c.
The weeks receipts were 10000 COM
pared with $4,000 last week.
There seems one chance of improve
ment in prices in the near future, ana
that is thru the medium of smaller
receipts. The belief is expressed by
traders that contract sales have ABOUT
all been marketed. and with these out
of the way, prospects appear larry Ia
vorable for more moderate receipts
here. The fact that farmers are IN the
midst of corn planting operations.
which have been interfered win III
late days by the heavy rains also holds
encouragement for receipts more III
keeping with the demand tho there
are few in the trade who view the SIT
uation in very bullish manner ana
conservative operations are being adj
vised.
Until conditions in the beef trade
improve the situation viii likely re-
main in an unsettled state and with
the foreign markets so badly democrat
lied, improvement abroad must be. had
before export buying can possibly
show much Increase
Hogs.
Demand has been good and ship
pers continued larger buyers than d
year ago. Prices fiuctuated more than
usual with top price today &c lower
than a week ago. Today there was ac-
tive buying from the start. and prices
were strong at an average advance OF
sc, bulk sales being 5.35@5.421a. Re-
ceipts for the week We're 142,S5o
against 10000 last week
Rough heavy packing was hard to
sell yesterday, buyers refusing to take
it with load lots. Heavy rough throw
outs made $4.65, according to quality,
the heavier the weight the lower the
price.
Growing popularity of light and dis
elimination against heavy was very
much in evidence. Any heavy stuff
selling around top prices had to carry
extra quality.
Shipping demand is moderate. Fresh
supply yesterday was estimated at 25,-
O0O making about $4,000 on sale. Buy
ers quit early and quite a few We're
left.
The corresponding week of 1904 saw
aS1562o cent decline in hogs on lighter
receipts than this week. Prices then
current did not permit shippers to pay
more than cents in Iowa. Then, as
now, coarse packers were hard to sell,
at range of $4.25@4.45. The follow
ing week saw a slight improvement in
prices on diminished supply.
Sheep.
Nearly $4,000 We're marketed this
week against 79,400 last week. Today
prices We're steady at recent quota
tioins, being decidedly higher than a
week ago.
Supply of live muttons has been light
at all western markets this week, but
eastern points have been well supplied.
A good many lambs have gone east
this week that would have made more
money here. Indications are that the
available supply of fed sheep and
lambs is nearly marketed. Spring
lambs have been showing UP more nu-
merously, and have had a sharp break,
with every indication that they will
go still lower at an early date. Some
Texas spring lambs arrived during the
week that made Sla cents. Kentucky
and Tennessee spring lambs will soon
begin ia run and summer prices will
then be put in force. Present prices
are $3@5 lower than week ago, when
tops made IL cents and buying spring
lambs in the country without liberal
is unsafe.
Grass sheep have been moving from
the southwest in moderate numbers
and have brought good prices, but
supply from this source is likely to
Increase at any moment Oregon and
Washington sheep are reported to be
making rapid gain and will begin to
move freely in June.