Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-02-26
Most Good Grades Sold Ten
Cents Higher, But Other Kinds
Did Not Advance
GENERAL DEMAND WAS GOOD
Eastern Shippers Bought Freely and
the Market Was Generally Strong
Heavy Receipts Caused Decline of
10 to IS Cents in the Hog Market
Sheep Lower. +.

Chicago, Feb. 26-Cattle-Strong
and active. Most good grades sold ten
cents higher but other kinds showed
but little improvement. The general
demand was good and eastern shippers
bought quite freely.
The present condition of trade is not
indicative of very firm markets here
in the near future and traders are hop
ing that the supply in the first days
of this week will fall short of that ar
irving at the start last week. Kansas
feeders were big patrons of the trade
last week and a liberal number of cat
tie have also come from Nebraska feed
lots. altho the Ne'braskans are not eX-
pected to cut loose with extensive
shipments for a week or two yet, but
they will come with a big supply
when it is once started marketWard.
Mild weather has permitted the west
ern men to make their cattle good be-
fore letting go of them this season. and
their good quality should meet the ia
vor of buyers, while practically el1ml-
mating competition from these classes
against the lower grade natives.
Eastern buyers have been the strong
est bidders for bolognas, and general
trade has given indications Of contfnu-
ed good demand.
Local order buyers are still crowded
with commissions for good feeders, but
many of them cannot be executed ow-
ing to the comparatively low maxi
mum price limit placed upon them.
The upward trend of values in late
weeks has put good steers to range
the highest in months. and country
feeders. in sending orders here, have
in many instances sent orders to
agents for cattle which would cost %
@40 cents more than they were will
ing to pay.
Hogs.
Heavy receipts caused 10@l5 cent
decline in prices. Local and shipping
demand was much slower than usual.
Packers are plainly disappointed
with the light receipts, which puts
them at a decided disadvantage, es-
pecially since the outside demand IS
strong enough to run away with the
market. Shippers are taking about a
third of the receipts, and this does no.
leave enough for the packers. who are
very much short in filling their or
ders. There never was time When
the country had such a strong grip
on the situation. Farmers are now
demanding Sc for their hogs, and feel
confident that they will get it, as they
are aware of the good demand, ana
realize that packers will have to come
TO their terms The market stood Sat
urday about 10 cents higher than a
week ago, and the situation is just as
bullish as it has been at any time. The
air is full of talk about 81 hogs, and
many dealers look for that price pc
fore the first of April
1t is generally believed that the sup
ply of hogs in the country is moderate
and that packers will not be able to
check the advance. The boom In the
provision market is a strong boosting
factor in the hog trade. Packers have
not been able to store up much of the
product this winter, and there is but
little of the old stocks on hand.
In former years the approach OF
March / has heralded moving day in
the country by marketward move
ment of hogs unloaded by farm ten
ants. Last week and this such hogs,
under normal conditions should have
materialized numerously, but even an
advance guard has not been in evil
dence.
Sheep.
Sheen was active at 10@15 cents