Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-02-21
CATTLE LOSE F|RMN[SS
Prices Ten to Fifteen Cents
Lower Except For a Few
Prime Lots
HOGS AVERAGE TEN LOWER
HOGS AVERAGE TEN LOWER
Receipts Were Heavy Today, and the
General Demand Was Less Active
Than the Day Before-Weak Feel
ing in Cattle Market = Common
Grades of Sheep Ten Lower.

Chicago, Feb. 21.-Cattle-With in
creasing supplies and no correspond
ing Improvement in the demand, the
market lost it's recent firmness, and a
weak feeling prevails. Today the gem
eral demand was only moderate, and
prices were 10 and Is cents lower, ex-
cept for few prime lots
For several days heavy cattle, even
OF good quality, have been somewhat
neglected, and the favor has turned
slightly to the lighter grades. Good
yearlings are meeting with strong
demand, providing they are of the
fright quality. Buyers say the weather
is too mild to suit a healthy demand
for beef and that is one reason that
the general demand is no better
The decline has not been of very es-
pecial seriousness when the big adj
vance of the previous two weeks is
taken into consideration, but the pres
ent weak tone of trade and Indifference
of all Strengthening interests should
caution country shippers that the stu
alton is not at present very promising
for any quick up-shoot in prices, and
that conservative operations must be
followed, even If the present weaken
ed range of values is to be maintained.
Outside influences are too strong to
permit the packers to hold the market
down on hogs, but they are determined
to hammer the cattle market as long
as they can. The air is full Of bullish
talk about cattle and the best posted
traders are of the opinion that the sup
ply in the country is not large enough
to prevent the market from going up.
There is always sympathy between
the hog and the cattle markets and
the fact that hogs are soaring adds
to the feeling that cattle will go high
er Dressed beef men have been claim
ing that the price Of beef was too low
to correspond with the price they have
to pay for live cattle, but they have
way of regulating that by showing UP
the price of the dressed article a notch
or two The demand is as generous
as it usually is this time of the year,
and there is nothing in sight to make
it any worse The future price of cat
tie depends largely on the supply and
If it is true that the available num-
Der is below the normal then those
on the bull side of the market have the
best of the argument.
Hogs.
With receipts of 100000 and $500 left
over last night, the general demand
was less active, and prices averaged
ten below Tuesdays best
Small packers at interior points are
still active competitors for g slice If
the hog crop and are sending bids
freely to the country. They are not
looked on with favor by shippers, how
ever, as these packers weigh hogs
right off the car, causing the owner to
lose the value of the fill which IS
now $12@1S a car.
81 would not be surprised to sea
light hogs go to a premium" said
Charlie Cooper. "They are relatively
scarce, and bacon and fresh meat de-
mand is good. A year ago at this
time we were getting plenty of light
stuff, but this year the country seems
disposed to make them medium weight
before marketing"
Sheep.
Strictly choice and export stuff was
about steady, other grades weak TIC
ten cents lower. Trade in lambs was
fairly active at steady values.
Chicago Livestocls,
Chicago, Feb 81.
Csttle-Estimated receipts tor today,
10000; steady to 10 lower; beeves, $50
@6.25; cows and heifers, 1.50@4.S0;
stockers and feeders, 2.75@4.70; Tex
ans, 3.50@4.4O.
Hogs - Estimated receipts for today.
100000! SOLO lower; mixed and butch
ers. 5.95@6.22h; good heavy. 615@
6.25: rough heavy 5.95@6.1O; light,
5.95@6.17Es: bulk of sales, 6.10@62O
sheep-Estma ted receipts for today.
$4,000; weak; 3.50@5.75; lambs, 475
@710.