Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-04-06
NEW RECORD FOR HOGS
Active Demand Again Today
Caused Another Advance,
Best Selling to 5.67 1-2
BULK OF SALES s5.5o@5.e21s

tie From All Glasses OF Buyers,
Sales Beinq rs to 35 Above the Close
Of Last Week-Sheep Slow at About
Steady Prices.
Chicago, April 6.--With a strong de-
but 1000 arrivals today cattle prices
were largely 10 higher, sales being 20
to 35 higher than the close of last
week Cows and heifers are showing
in the advance stocker and feeder
trade active at ruling high prices.
More steers sold above S5.75 yester-
day than in several months and a top
of $675 was noted for two loads of
very choice 15OS-lb Herefords, part OF
which carried brands. This price was
the highest paid here since last De-
cember. Several other lots made
$3.50, exceeding the previous top
price this year by &c. while big
string of well finished steers made
S. 15@6.40. Dealers are still predict
ing considerably higher values in the
near future. The average price OF
good" beef cattle at present Isl get
ting close to the $500 mark, with
most dealers counting on $500 for top
steers before many weeks have pass
ed The average price at present
stands about the highest since last
July
The trade, say sellers, is now in a
position susceptible to sudden changes
either way, with leaning toward
lower range should supplies be swell
ed to any very liberal volume as re-
suit of the advance in late days.
Country buyers should not become
too enthusiastic operators. as the mar
ket, while giving promise of holding
fairly we'll, is now in shape to make
sudden fops. which will cut deep in
roads on the good profits reaped by
feeders and shippers in the past few
weeks.
Hogs.
There was an active demand and
prices ruled strong at about az. at
higher IN numerous instances. new
high record of s5.671a was established
today, but bulk of sales were made at
s5.50@5.621a.
Hog values made another advance
yesterday to high point since the sec
ond week of last October, when sew
eral loads reached $610. The best Of
ferings sold at $685. being 81 above
the low time, of the year, which was
last January.
Opinion in shipping circles is that
there will be plenty of hogs seeking
market during the summer season.
This seems logical. Porcine health was
never better and with the element of
mortality eliminated the entire crop
will eventually show up at market
Summer prices have been good in re-
cent years and owing to depletion of
feed lots by untimely liquidation of
cattle last winter a good many hogs
have been roughed thru for the sum-
mer market. Pigs were farrowed late
last spring and the fall crop was big.
Travellers, while agreeing on a scarcity
of cattle in feed lots admit the pres
ence of plenty of hogs.
But indication of abundant supply
need not disconcert growers. Consump-
tion is enormous and the advance in
beef is calculated to increase demand
for pork. Interruption of industrial ac-
tivity is the only thing that could pos
sibly affect hog prices and that is
remote contingency.
Sheep.
General demand is on smaller scale
than for some time and prices have
declined considerably. Today trade
was lust fair at about steady prices.
Superabundance of supply has been
the depressing feature and no i'm
provement is expected during. the next
two weeks. Colorado, under the i'm
petus of wet feed lots, has been ship
ping freely and recovery is not ex-
pected until that movement subsidies.
Missouri river points have been flood
ed and both Buffalo and Jersey City
have been filled up. Eastern markets,
which were inviting to shippers e. week
ago, have had a severe setback, Buff
falo having receded Is cents per cwt,
and there has been less demand on
outside account in consequence.
Big sheep feeders are apprehensive
that mutton finishing among farm
feeders will reach the furore stage
during the coming season and are pre-
pairing to stand from under. Said A.
II. Beyerstedt, Winona, Mimi, one of
the most successful of the big opera
tors: 81 apprehend a rush for feeders
at the inception of the season, and
higher prices at that stage than will
rule later on. 1t is time when eau
ton is justified. Last year early feed
er prices were the lowest and those
who finished on grass and in corn
fields made the most money, conse-
quently feeders will try to repeat this
performance. Western owners are talk
ing five-cent feeding lambs this year.
q price that requires seven cents or
more for the finished product to let the
feeder out. 1t is certainly a time for
the exercise of caution. This year.
owing to the, high price Of WOOL we
have done we'll. 1 disposed of my clip
at 20 cents. Possibly might have got
81 cents, but as the same staple was
worth but 141s cents year ago,
deemed it the part of prudence to let it
CO."
Chicago Livestock.