Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-02-03
CHOICE CATTLE HIGHER
Scarce and in Strong Demand,
at Ten to Fifteen Cents
Advance
COMMON GRADES UNCHANGED
stooker and Feeder Trade Only Fairly
Animated, at Weakened Values -
Hog Sellers Able to Obtain Another
Advance of Ten Cents - Sheep
Market GIutted.

Chicago, Feb. --Cattle-Today's Of
| ferings, all common in quality, sold at
| unchanged prices. During the week
there have been plenty Of ordinary
cattle. steers that went below So being
hard to get rid of, but choice were
scarce and in strong demand, at adj
vances of 10@15 cents. Cows and
heifers ruled lower late in the week,
and the stocker and feeder trade was
only fairly animated, at weakened val
ues.
Current values for good fat beeves
stand largely 1905 cents higher than
week ago and there is quite a broad
outlet for them in all quarters. but
plain and medium short fed steers
have predominated in supplies this
week and buyers had a little the best
of the game, being able to get nearly
all of them at prices a little different
than a week ago. even in spite of the
decrease in receipts amounting to q
500, and increased shipments of like
number.
lIle local IOuSSS IloNe OouS,h' Aho's
of the plain and medium classes dur
ing the week and their ability to get
them at last weeks prices in the face
of smaller supplies goes to prove the
fact of generally Indifferent demand
for such kinds from all but the big
packers
Naturally with slim competition for
these grades the packers are enabled
70 get them relatively cheap and in
view Of the badly depressed market
last week liberal shipping of the half
fat, short fed kinds has appeared TO
traders to be rank folly on the part or
country owners.
Th discrimination against poor and
medium beef grades this week has
been merely a repetition OF the con
ditions here week ago. although the
statesmen were more fortunate in be-
ing enabled to hold values up to last
weeks level rather than concede de-
clines. There has been satisfactory
outlet for all well-fed cattle of prac-
tically all weights, and the broad ship
ping and export demand noted for
these this week is believed by most
traders a probably well established
few weeks.
Beef consumption is not broad
enough to warrant liberal shipments
of plain and medium classes, howev-
er, and traders assert that there can
be small improvement in values for
these as long as such form lbyai
proportion of the arrivals. .B
Commission dealers have held big
orders for desirable strong weight
feeders all this week tand have them
unable to fill all of them, but there
has of late been dearth of the CONF
mon and cheap classes offered. and
values for such have dropped in con-
sequence of the poor demand
Hogs.
With only about $4,000 hogs on sale
today, there was a scramble among
buyers to get some, and sellers We're
able to obtain another advance of 10
cents Shipping demand this week mas
been very large, and was potential IN
putting UP prices.
Each week since December l6 there
has been an uninterrupted advance In
the average price of hogs. The aver
age this week promises to be around
s.. 80 or 70 cents higher than seven
weeks ago, when the advance started
in This weeks average will be the
highest since the week ending Sep
TENDER 9, 50 cents higher than year
ago and rs cents higher than two years
ago.
There are no indications that
enough hogs will arrive during the
month of February to let the packers
out of a deep hole they seem to be In.
Local traders estimate the months
run at 100000 to 100000. In February,
1905, receipts of hogs were $4,000, and
very few. men identified with that
branch of live stock trade expect that
many this month. Last February
prices ranged from $4.40M5.12R, but
The market was on the upturn, and by
A pril the best hogs were selling at
s5.721a. Conditions from the sellers
standpoint are better now than they
we're a year ago. The demand for
fresh pork is decidedly stronger. and |
packers havn't anything: stored away
20 back up bluff with. There are no |
hogs in the east and the demand from |
hat source is so strong that ship |
nents are constantly increasing. All |
Kings considered, hog producers have |
he long end of the stick.
Sheep
The market was glutted this week. |
and as a natural result there was a |