Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-04-10
CAME BARELY STEADY
Receipts Were Considerably
Larger Than Last Monday,
But Demand Was Good
HOGS WE'RE SLIGHTLY LOWER
Recent Improvement in Prices Has
Had Stimulating Effect on Re-
ceipts and Supply Was Very Liberal
Today-Reducton of About Cents
in Prices. !.
in Prices.

in Prices.
Chicago April 10.-Cattle Re-
ceipts were considerably larger thar
last Monday. There was a good de-
mand from all classes Of buyers al
about steady prices.
Prices have ruled largely 650DS5c
| higher than two weeks ago and in
stances of 81 advance have been noted
on some classes. Country feeders
who u few months ago had had conf
dence in the future trade have reaped
the benefits of buyers, great needs for
steers in late weeks, and moderate
supplies arriving, despite the advance
| ing prices. Indicates to many that the
! crop of well-fed steers In feed lots at
present is considerably smaller than Il
year ago, and while one or two big
runs may be landed here and values
| knocked off for a time, the general
| opinion prevails that high range will
rule during most of the coming two
months. Export and eastern demand
is much larger than q year ago, and
the higher prices ruling abroad would
seem good stimulus to continued
liberal buying on foreign account. thus
assuring quite remunerative prices for
heavy steers, while the broadened
eastern and local dressed beef trade
gives promise of continuing. which
will likely afford good outlet for
lighter weight steers.
Hogs.
The recent Improvement in values
had a stimulating effect on receipts
today, and more than 5000 reached
here today over last Monday. There
was the usual large local and shipping
demand. but the liberal supply enabled
buyers to put prices about SOLO lower,
bulk of sales going at 5.45@5.57k.
There are enough hogs in the coun-
try to make big run in response to
the advance in prices. and farm work
is at such n stage that attention can
be given to marketing stock. but 1t
must be forgotten that people in the
country are keeping posted and that
sentiment with regard to hog values
is more bullish throughout the pro-
ducing regions than it is at market
centers.
Last weeks receipts of hogs show a
decrease Of $4,000 from the week be-
| fore, and an increase Of $4,000 COM
| pared with a year ago. The week.
| shipments We're comparatively heavy,
but were 5000 less than last week and
| $4,000 more than a year ago.
Hogs made a sharp advance this
on q p1nHarofa tho N
showing a sharp shrinkage, compared
with the previous week, but is slight
ly in excess of the corresponding per-
Tod of 1894. The advance of the week
has carried the whole market to the
high level of the year and put it above
the prices of a year ago at this time.
Shipping demand has been the healthy
influence and bulk of the supply has
has been required to fill the fresh meat
demand. Quality has been good, fact
that has been responsible for an ur-
gent demand for light and mixed
which has narrowed the spread and
made the range the most contracted
in the history of the trade. Top hogs
sold on Monday at s5.45, the price
working up to $5-67H by Thursday.
Information as to the available sup
ply is contradictory, but it is believed
the country has been marketing ma
ture hogs pretty closely.
Sheep.
General demand was not very ami
mated, and to a. considerable extent
prices for sheep and lambs were 10
lower. Wool lambs were in fair de-
mand.
Live mutton trade closed up fairly
we'll, but it had a bad start last week.
This was due to recklessness in filling
up the Monday and Tuesday markets,
a practice to be condemned. BY the
middle of the week lambs were off 200
80 cents and sheep 10@15 cents, but
half the loss on lambs was recovered
by the close. Bulk of lambs have
been Colorados wearing wool, but
sheep and yearlings are mostly clip
ped. Supply shows little decrease
from the previous week, but is still
considerably heavier than a year ago,
wet feed lots in Colorado having ac-
tolerated the movement marketward.
Eastern markets were more or less de-
moralized early in the week, curtailing
the shipping outlet, but closed up bet
ter. What the market needs is a
moderate supply early next week
Weight is being Disseminated against,
owing to hot weather.