Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-04-07
CATTLE FAIRLY STEADY
Steers Have Declined Fifteen to
Twenty From Last Weeks
Price Level
HOGS AVERAGE ABOUT STEADY
There Was Show of Strength at the
Opening, But the Market Later AS
sumed Weaker Tone-sheep Mar
ket Steady, Receipts Being Light
Lambs Lamentably Weak.

| Chicago, April 7-Cattle = TODAY
the market was nominally steadv.
There have been too many cattle on
the market this week. Steers declined
| 5000 from last weeks level while
COW stuff was 25@4O lower. and in
some cases breaks have been even
| sharper.
| Prices have been pounded down 1Om
| zoe from the range current at the close
a week ago. and the great bulk of the
run has shown 15@25c decline. Medium
| to good fat beeves We're hit the hard
est, many transactions at $415@5 40
| in late days showing 20@3Oc drop from
| the relatively high prices paid for them
the closing day last week.
Light and medium short-fed beeves
| have escaped with less serious de-
cline. these showing hardly more than
loWl5c loss. Receipts have been heavy
| for this season of the year, marketing
in four days totalng 10000, against a
run of 54,154 a week ago and Silica a
year ago, and this big supply in face
Of restricted beef demand has put the
| trade in a bad way.
The eastern beef market is reported
| to be heavily stocked and lower prices
| in foreign markets have tended to put
a check on export buying. Prices for
| most steers have dropped to the low
est level in several weeks and there
has been rather feeble undertone to the
situation most of the week. OF late
| slightly better demand for fat beeves
has toned the trade little, but there
are small indications for Improvement
| in values in the near future
and sellers say receipts must be check
ed to smaller volume next week II
present prices are to be held,
Heavy butcher and export bulls have
dropped Is @25c and the bulk of bolog-
mas sold off 10@15c.
Butcher stock values have fallen
hard this week and the closing range
was shown 15@50c decline from week
ago, bulk of the good medium to fat
cows and heifers dropping 25@35c.
MANY loads of good fat COWS and heif-
ers have of late gone at S3.75@4.15,
which sellers claimed would easily
have made prices 30@40c higher at
the start of the week, when demand
was keen.
The opening had show OF Strength
but towards the close, there was a
weaker tone, altho the prices averaged
about steady.
The fiye-day run is 5000 in excess
OF last week and $4,000 heavier than
wear ago. Shippers have taken few
more hogs than last, year. but the
movement in that direction is sun
lighter than a year ago. 1t has been
another bad week for the shipper mar
keting 6-cent country bought hogs. on
Tuesday of this week the average cost
of hogs was s6.54 the highest since
Nav 1903, but since then the tfena Oh
the market has been downward, though
This week promises to be the hlghesl
since Nav. 1908. Increased receipts
and a failure of the shipping demand
IN make a correspondingly expanse en-
ah1ed hackers to severely pound the
market on Wednesday and Thursday,
but there was a steadier tone yester-
day 1t required fancy lots to reach
s6.45 Yesterday, against s662R on hlgh
day this week, while the bulk OF trad
ing was at $6.35@6.40. a range 5@aoc
! lower than one week ago.
Sheep.
Sheep receipts were light, and the
market was steady. Lambs have been
lamentably weak at times during the
week. tho sheep showed strength ion
everything which had quality
The feeling in trade circles is very
weak on everything except good sheep
and there is nothing encouraging in
the outlook, for shorn lambs March
has been an unfavorable month for
stuff with the wool off iii a weather
sense. Most of it got chilled thru ana
has dressed out discoloreo. Even the
usual process of holding it in coolers to
bleach it out has failed. Eastern trade
has again been bad this week and an
excess of dead mutton has accumulate
ed there. Holy week is always marked
by light mutton consumption, and re-
tailers have bought sparingly. But for
export and country demand on shear
ing account the market would have
hean much worse.