Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-05-27
The Week Has Been a Poor One
For Sellers, Prices About
20 to 30 Cents Down
SUPPLIES WERE EXCESSIVE
There Was a Moderate Demand For
stockers and Feeders-Prices For
Today Were About Unchanged
Good Demand For Hogs, the Mar
ket Closing About as Week Ago.

Chicago, May 27.-Today's market
was unchanged prices closing 20@30
lower than week ago, owing to great
ly excessive supplies. Beef steers have
been selling largely at s4.60@5.75 and
| stockers and feeders were in moderate
demand.
Feeders have witnessed a sharp up
turn in corn values and seemed to
have baked at paying higher prices for
| feed at time when cattle values We're
slumping. Their unloading operations
have seriously hurt the trade, however,
and cost them big losses. The export
demand has failed to show much inn
provement, and, with local and eastern
coolers comfortably filled with beef,
buyers have been in a position to
hammer prices almost at their will.
They have knocked values for heavy
steers 40@65c from the high point
noted this year, and some even sold
Is cents lower, while exporters have
secured many of their kind 50@60c
lower, and the shippers have also had
the same experience in bargains.
he DuTSIllS OIeISu AdNC oNtLlipCu
demands in the past week and buyers
have cried for halt, knowing full
well that with continued liberal mar
keting in the next few weeks summer
supplies will necessarily be cut to
small proportions and that they Will
certainly have to again boost values.
Hogs.
There has been good local and OUT
side demand all week, and fluctuations
in prices have,b been within marrow linn
it's, hogs selling at the close about the
same as they did a week ago. There
was a good demand today at steady
prices, the extreme range of sales be-
ing $475@5.471a. The bulk crossed the
scales at $5.35 @5.40.
Everybody seemed to have an order
for load or two and at the decline
trade was fairly active. The run has
not shown much disposition to expand
this week, indicating that the country
is still busy planting corn, but as this
work is well along on the completion
stage an increase in the movement is
looked for. Early in the month Pack
ingtown made an estimate on the May
run .of 100000 With 100000 the first
half of next week the official count for
the month will be very close to the
packers estimate. The flve-day supply
is about 10000, against 132,S00 last
week and 1860 year ago.
Shipping demand has been good
over $4,000 having found that outlet
against 1880 last week and 27,700
year ago. Now that western roads
have concluded to advance rates on
packinghouse products from Missouri
river points Chicago will be the best
hog market in the country right along,
relieved as it will be of the handicap
imposed by the StickneY rates.
Pig trade is good, and but few pigs
are coming. Good pigs are selling
right din with light hogs. Porcine health
is so generally good all over the coun-
try that growers are not in the hunor<
to sacrifice good raw material and pigs
are being held on grass, where they
are making rapid and profitable gains.
Packers are aggressively bearish,
and the good market of the week has
been due solely to outside buying.
Quality continues good, and the bulk
of hogs are still selling at very mar
row range. This, however, will widen
out as soon as coarse stuff begins TO
cut more figure ian the supply.
Light butchers, light and selected
light are now the market favorites.
Anything weighing over 300 pounde
finds discrimination.
Sheep.
Prices had some sharp declines; with
slow markets during the week. To-
days supply was disposed of at I'M
changed values.
1t has been a palpable case of too
much stuff on the market this week
The run will be close to $4,000, or 3D.
600 more than came during the same
week of 1904, This heavy increase in
receipts was wholly unexpected, and
in the opinion of many could have
been avoided, as the visible supply
available during the next few weeks
is not believed to be excessive. Both
sheep and lambs have suffered, but
the latter have borne the brunt of the
decline. Heavy sheep were hit near
ly as hard as lambs, declining 35@4O
cents, while handyweights did not get
the full extent of the break. Lambs
are anywhere from 100000 lower than
last week. The heavy supply has. put
BUYERS where they had to do no hust-
ling.
Weeks Receipts.
The weeks receipts: