Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-08-19
There Was Little Trading and
Prices Were Not Quotably
Changed
INCREASE in RANGE CATTLE
Market For Natives Has Been Strong
and Unaffected by the Influx of Wes-
terms Hogs Were Active and
Generally steady-Not Much Change
in Sheep.

Chicago Aug. 19.-The market today
was on a steady basis, there being
practically no trading. Receipts for
the week stand $1,000, of which ABOUT
1000 We're westerns. This is about
1000 heavier than last week. But the
increase came in range cattle and did
not affect natives. The market for the
latter has been strong. AS compared
with a week ago good native steers
have been lifted 1925, tho common
sorts have not shown much change.
Stockers and feeders have been slow
and look 10@15 lower.
The situation in selling of good to
choice steers has been helped by reas-
on of relatively smaller supplies OF
such kinds than came last week. De-
mand for the better classes has, on the
other hand, been stronger and sellers
met good outlet for their offerings. The
trend of prices for good kinds has been
strong most of the week, and traders
both on selling and buying sides take
rather hopeful view Of the future
situation affecting prices for choice
cattle.
There is an apparent shortage of the
good kinds in country feed lots, and
with growing consumptive demand i
would seem that prices for the better
classes of cattle can hardly fall much
lower than at present and probable
turns either way seem in favor OF
higher level Medium and lower grade
cattle, however, are meeting strong
competition from the westerns, and as
long as such grades come of liberal
volume demand will necessarily have to
grow much broader in order to admit
of much brighter selling prospects.
Hogs.
Hogs were generally steady with the
best time of the previous day. Pack
ers and shippers were fairly repre-
sented, the former doing most OF the
buying.
Proportion of packing stuff Is con-
stantly increasing while that OF prime
hogs is diminishing, consequently the
bulk sells considerably under tops.
Under $3.50 yesterday found the gras-
sy contingent Of packers, straight loads
with good tops selling up to and slight
" over &c. with good hogs from that
up. ,.,..
The market is slowly but steadily
working back and repairing the break
of Tuesday and Wednesday, it's course
Indicating that SO far as the, immediate
future is concerned, such breaks VIII
be merely temporary. Provision STOCKS
show decided decreases since August
1st and the tendency is in the d1rectlon
of further reductions.
Packers are showing their hands IN
provision trade and are evidently out
for a merchandising campaign. export
business is reported good and the sea-
son for demand for product is at mana.
One of the smaller concerns SOLD nan
a million pounds of meat yesterday TO
q larger outfit moving the property out
Of the regular distribution channels.
There is an evident necessity OF
widening margins on country purchas-
&c keening the heaviest margins on
common packing grades and light
grassy hogs, which will su1ter most On
any increase in supply
Sheep.
There was practically no change IN
the ouotable price for sheep and lambs
as compared with the previous day.
offerings on the open market We're
very meager. Compared with last
week sheep prices have gained 2o@eo'
while lambs look 5o@75 higher. !,
COMPARED with one week ago. all
classes of sheep show 25 q 35 cents
higher range, while yearling stock has
indicated am advance of 40@5O cents
these offerings developing more
strength owing to the big puise ~
| lamb values this week.