Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-07-03
GOOD CATTLE MARKET
Supply Was Very Moderate To-
day and Prices Were Better
as Z Result
ADVANCE OF 10 TO IS CENTS
Exporters We're Fair Buyers at TO
5.e5-stocker and Feeder Slack
Hog Supply Was Also Small and
Prices Wore On An Average of 10
Cents Above Saturdays Close.

Chicago, July 3.--The supply was so
moderate that demand was lively from
the start, with particularly good in
quiry from. local packers. and prices
were from 10 to % higher. Exporters
were fair buyers at $5,O0dO565. Stock
err and feeder trade was slack.
The past weeks receipts Of $4,000
have totaled $500 larger than the run
in the previous week. while standing
LOO above arrivals n year ago, but the
fact that the great bulk of supply has
not been thrown onto the market In
two days relieved the usual congestion
noted in trade under the old system of
big Monday and Wednesday receipts
and small marketing other days.
There has not been as much opposi-
ton shown toward grassy cattle the
past week as during the previous two
weeks, and these classes have sold rel
atively we'll, while general demand for
finished heavy steers has been the best
noted In three weeks. Beef channels
have been relieved of much Of the con-
gestion which characterized the mar
ket few weeks ago, and conditions
have thus far been improved, tho there
Is no call for liberal or very excessive
marketing operations and the trade Is
urging continued conservative country
dealing.
Hogs.
The supply was not large, compared
with last Monday. and there was an
active general demand, prices ruling
firm and averaging 10 cents per 100
pounds higher
Shipping demand has been good,
taking approximately $4,000 against
$1,000 last week, and 21,300 a year
ago.
The feature Of the past week has
been deterioration In quality and an
increase in the proportion of grassy
and light sow stuff widening the range.
There is every indication that there
will be large proportion Of this
greenish stuff from now on and con-
sequently wider spread. Packing
stuff Is very unpopular no one seem
ing to care for 1t. and q substantial
discount is exacted. Straight loads, on
the packing order. had to sell at $3.50.
Common heavy packing sows are at a
discount OF 50M75 cents. For common
heavy packers there Is slow market
at s4.9005.10.
The course OF the market indicates
that packers want hogs and want
them badly. On declines they have,
been free buyers. Last Monday and
Tuesday, on light runs. the market
moved up very easily and all of the
recent advance has not yet been WHIP
ed out. The weeks market events
have. however, demonstrated the dam
ger attendant on buying in the coun-
try at over $500. A lot of country pur-
chased stuff at S5.10@5.20 last week.
even at nearby points, has lost ship
perS money.
There was marked increase in ar
rivals today. Sheep were in usual good
demand and prices were about steady.
but lambs were largely 1925 lower
than last weeks best time.
Owing to scarcity of feeders the
shipping outlet was very narrow last
week. Buyers We're on the ground
numerously but went home after stay
ing several days, and realizing the flu
tility of getting anything. Shipments
for the week are less than $4,000
against 1900 a year ago. Just what
prices would have been made on feed
ing wethers, yearlings and ewes, had
they been available, is hard to say, but
indications point to a s4.00@4.25 mar
ket on wethers, S4.5O@4.75 on year.
lings and s5.00@5.25 on lambs when
the season fairly opens. Old ewes are
likely to sell SO cents to 81 higher than
last year, as they are popular, and the
range has little cleaning up to do this
year. At this time a year ago some
trade was being done in feeding sheep
at s2.25@3.75, the former price being
for old ewes and the latter for year.
lings, good feeding wethers selling at
$3.15@3.25.