Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-04-30
General Range of Prices Ten to
Fifteen Cents Lower
on Steers
HOGS WEAK THRuoUT SESSION
Bulk of Sales Were Made at Declines
of Five to Ten, and at the Close,
Some Sales Were Nearly Fifteen
Lower Than Best Time Saturday
Sheep Strong.

i
and steady on COWS, with closing val
ues of last week. The market was,
slow.
Stability of the market at this time
is questioned. After the unevenly
higher prices in the closing days, many
traders say it is only natural that a
slump should hit trade in the first days
next week in the event of very liberal
supplies. The consumptive demand
has long been claimed in poor shape,
and while there may have been a lit
tie more life in the beef trade, it has
not been believed strong enough to en-
courage liberal operations by the
slaughterers on the basis of present
prices.
The fact that outsiders have been
the most urgent buyers has given evil
dence that the local houses are not in
very urgent need of any but the good
fat killing steers, and their refusal to
give trade for others very strong sup
port, should serve as a warning to the
country that big supplies in the fore
part of this week will not meet very
keen appreciation in local quarters.
Strictly choice long-fed beeves grow
scarcer every week and the volume
here has been quite small, altho the
demand for these kinds was not as
strong as for the middle priced classes.
Buyers fought hard against paying UP
to $500 for strictly choice kinds, and
while there were few lots which
reached $6.00@6.15, the supply above
$5.75 was comparatively small.
Hogs.
The market opened lower and con-
tinued weak until the close of the ses-
sion The bulk of sales were made at
declines of 5@10c, and toward the end
of trading there were sales which
looked as much ais 15c lower than the
best time Saturday. The bulk went at
GATH $3.50.
Last week evidently cut loose a lot
of hogs that were accumulated while
the country was busy catching up with
the work of oat seeding. Prospects
are for continued liberal movement
provided always that the country. has,
the hogs. While growers are busy
planting corn it has been noticed late
/ ly chat when country buyers are able
to operate freely. on a Scent basis,
the hogs are Forthcoming. Quality
continues good, and the bulk of hogs
are still selling at a narrow range, but
there is an increasing proportion of
| rough stuff, and he marketward
movement of sows may be expected to
increase from now on. AS these have
no outlet but Packingtown, the range
between coarse packers and good hogs
may be expected to widen.
Meat shipments have been very
heavy, while those of lard are three
times as great as year ago. The
encouraging feature of the trade this
week is resumption of shipping de-
mand.
The course of trade events has
brought hogs and product to a parity
for the first time in months. The pro-
vision deal is practically on 61a cent
hog basis. The strength of the situa-
ton lies in the current demand for
meats, which is enormous. Packers
are again talking lower hogs volubly
but their dope has a faculty of going
wrong. A provision man said: Should
hogs decline and present prices of
product hold, packers will begin to cut
regular stuff and stocks will increase"
Sheep.
Live mutton trade, especially in the
lamb branch, had boom this morn
ing, and prices advanced in spite of
the fact that there was little demand
from shippers The best sorts of wool
and clipped lambs advanced 1O@15c.
Toppy fleece lambs sold at $50. Sheep
were strong and rather scarce.
Despite a fairly liberal supply, the
lamb market has been in healthy
shape all week. While Chicago shows a
gain of about 10000 and has received
10000 more than a year ago, supply
at river markets has fallen down andI
eastern receipts have been light, indi-
eating depletion of feed lots While
lambs have advanced 10@25 centsl
sheep are not in as strong position
as a week ago. Medium ewes havd
weakened to the extent of a dime, but
choice wethers show no change. Thb
market has made no pyrotechnical and
deceptive 25-cent bulges, but has work.
ed higher by nickels and dimes, holding
the appreciation, a far more satisfad.
tory condition than sharp bulges ANA
subsequent breaks.
Since the low spot was struck re-
Gently. lambs have made an average
gain of about Is cents per cwt, a1bd
there are spots that show gain of a
dollar.
Light lambs, not finished and sellil he
around 5A cents, have had the mdst
of the bulge. Spring lambs are a scan &c
article and light, fed lambs are in de-
mand. Exporters have not done muth.
but eastern demand has picked up DIV
ing to receipts in that quarter. A lot
of Colorado-fed wool lambs have b&en
taken east at $7@7.35.
chicano Livestock