Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-07-26
The Unusually Small Supplies
Have Had a Beneficial Eff
feet on Prices
MOST GRADES HIGHER TODAY
Prices Having Ruled 10 to 90 Higher
Than the Close of Last Week, Ex-
cept for Undesirable Lots-cows and
Heifers Better = Good Demand
Brought an Advance For Hogs.

small supplies have had beneficial
effect on prices, and with estimated
Wednesday receipts of only $4,000 de-
sirable lots moved off very we'll at a
further average advance of ten in
some cases. The general demand has
shown no particular improvement, but
with receipts of only $4,000 the first
half of the week, prices have ruled
better and largely 10000 higher. except
for undesirable lots. Cows and heif-
ers are doing better stockers and feed
ers dull.
Packers say the beef trade must
broaden out considerably before their
operations can be conducted on much
more liberal scale, and traders are urg-
ing small marketing here later this
week. The three-road car report of sos
for today Indicates a very moderate
run, but the unreliability OF the adj
vance reports for Wednesday in late
weeks has made today's probable run
quandary with sellers. The trade in
no wise needs over 10000 to $4,000 to-
day, however, and sellers say run
much larger will only result in badly
congested conditions.
Hogs.
Local and shipping demand is as
large as ever, and prices had another
cent advance today. Sales were
largely s5.60@6.00, with extreme range
of S5.30@6.10.
There is a decided tendency on the
part of killers to prevent further APP
probation in values of the shipping
end of the supply. They manifested
this yesterday by granting concessions
on the other end. Packing hogs with
good backs got most of the apprecia-
ton. The trade is on a manufacturing
rather than a speculative basis, and as
cash demand is largely for fresh meats
hogs with backs are the kind buyers
have their eyes peeled for, no matter
whether grass or corn fed. There is
also an evident disposition to cheaper
the cost of droyes, wherever it can be
done without serious risk of quality.
Grass or packing grade hogs with good
backs moved readily yesterday, but Il
lacking back, had to sell in the $o.25
$3.50 class. This trade is very errat-
ic and while good hogs sell themselves.
the other kind tax the ingenuity of
the man selling them. Packers show
disposition to buy these grades
whenever profit is in sight. An out
side concern which heretofore has been
buying good hogs, broke into the half
dollar class and gave some competition.
Packing trade is practically on basis
of get-all-you-can.
Receipts this week are considerably
heavier than last, but shippers have
taken care of good percentage of the
increase, demand from the east being
exceptionally good.
Sheep.
Sheep were easy, lambs off ten on
an average Demand was DUH and trad
ing slow.
The market is now anywhere from a
dollar to two dollars unde1 the high
spot of two weeks ago and 25@40 cents
lower than last Thursday. The slump
has been heavy and continuous, but
killers are still protesting volubly that
prices are too high. The abrupt de-
scent was brought about by several
influences, OF which heavy supply in
consequence of the rise and hot wealth
err were the most potent Mutton Is
usually least affected of all meats by
hot weather. but the hot spell down
east had fairly paralyzing effect.
Another adverse influence on the
market has been the receipt of large
numbers Of sheep and lambs direct to
packers, these having been sagaciously
contracted some time ago at figures
much lower than quotations current at
the time Of delivery.