Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-10-13
No Demand Today, But Weeks
Market Good, Despite
Heavier Receipts
PRICES OF HOGS AGAIN HIGHER
Demand Was Active, Today's Prices
Advancing About Five = Gain E~-
tended to All Grades = Steady Close
in Both Sheep and Lambs, Demand
Being Equal to Small Supply.

Chicago. Oct. observation-disclosures
this morning was practically dead. Only
400 were received, and they We're held
over, Notwithstanding receipts were
heavier this week. There was better
demand than the previous week ana
prices, instead of showing the effect
of heavier supplies, actually were ad-
vanced. Native steers are up l00lo
with some cases where advances We're
even greater Within the hast weeks,
range steers climbed 50Q6o, and In
some instances as much as 75c. All
COW stuff was higher.
More cattle arrived this week than
last week by about 5000. This increase
was entirely In natives for the west
ern supply was about the same as last
week a first-class demand prevailed
for the good to choice cattle this week,
and all Of that lrind stand several
notches higher than last week. On
Monday heavy receipts gave buyers
chance to pound the market vigorously
and they succeeded In reducing values
1O@15 cents. On Wednesday, how
ever. the demand was exceptionally
strong, and Mondays decline was more
than regained. Eastern buyers nave
taken hold with much earnestness this
week and they were hungry for all the
good to choice cattle they could find.
SO strong was the competition that the
best fat steers were pushed up to the
III, ~ One load
reached $3.50 and there were a good
many sales made at $7@7.25. The per-
centage of steers above $3.50 this week
was much larger than usual, due to a
better quality. of receipts, but more to
the advance. Exporters were strong
buyers and took a good many cattle
at $5.75@6.10. There was also strong
support from the local traders, and all
the cattle above $;i sold with more sat
isfaction.
Hogs.
Hog demand again showed activity,
and prices We're higher, the advance
being about five. This gain extended
to all grades. The market this week
has not been so active as during the
greater part Of the previous week, but
the reaction toward the close, put vail
ues up close to THE levels of last Sat-
urday.
Just now the western run of hogs is
very light and 1t has been rum ng
rather small for week or ten days.
Some Of the best posted Of the provis-
ion men generally hold to the belief
that with corn at present prices the
hogs are likely to be held back at least
until severe weather sets in.
Until yesterday the market had been
on a down grade since last Friday,
when the high spot was reached. Buy
ers have been aggressively bearish, and
up to Wednesday succeeded in forcing
declines of 20@25c from the Friday
high spot. AS it is not the proper sea-
son for high or advancing markets, the
trade presumed that a lid had been
clamped on securely and that lower
range of values was inevitable. Re-
ceipts yesterday and today have not
only furnished a surprise, however, but
yield convincing evidence that the
country has been shipped bare of ma
ture hogs The Armour interview pre-
dieting a late run of mature hogs was
popularity voted to be ION the square"
Sheep.
Both sheep and lambs closed steady.
Demand was equal to the small supply.
Buying this week. was active and lambs
were in keenest demand.