Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-10-06
CATTLE ABOUT STEADY
All the Advantage This Week
Has Been OH Side of
Sellers
SHARP REACTION IN HOGS
Prices Were to 10 Lower Than the
Previous Day-Butcher Pigs in Fair
and-Demand Lacked Energy
Big Sheep Supply Forced Prices
Lower This Week.
REACTION in HOGS

Chicago. Oct. 6.-Cattle-The mar
mand this week has been good, and
all advantage has been on the side OF
the sellers This has been brought
about thru shrinkage in receipts,
which were 1900 less than last week.
All good to fancy lots of native steers
advanced 5000, with cases where the
gain has been fully 25. Range cattle
scored gains of 10000. Common and
medium native steers are no stronger
than last week.
With only about $4,000 native cat
tie as the weeks supply, higher prices
have been a natural consequence of
good demand and the trend Of trade
now is quite satisfactory. The bulk
of good to choice steers sold of late
have been nominally 15@25 cents
higher than one week ago, and the
medium to good kinds mostly 1905
cents higher.
Competition from western rangers
has slowed down the trade for plain,
grassy natives, however. and these
have failed to show material advance
ment in value, while, in fact, the
statesmen have complained of a dull
trade for them most of the week.
Shipping demand has been relatively
good both on eastern and export ac-
count The total shipments in five
days have been 25,200, against 32,143
a week ago, but in view OF the big
decrease in receipts the falling off in
shipments has not been large, while
the outward movement compared with
a year ago, has been relatively much
better, only 26,S34 of the cattle going
to outside buyers then out of the re-
ceipts Of 74,170.
The hottest demand this week has
been conferred on the S5.50@6.50 class
es A big portion of these have shown
20@25 cents gain over low line week
ago. and there has been little trouble
in getting rid of the heaviest OF such
offerings, altho the buyers were par
tial to strong weights and have fought
hard against paying the advance for
medium weight kinds. In the year.
ling class, however, they have been
rather cheerful bidders, taking the
good to choice ones freely at the high
err prices, but the plain and medium
yearlings have Jared the same as med
ium grade older steers-gone slowly
and at the least appreciation over last
weeks prices.
Optimism respecting the future out
look is in strong favor with the traders
just now, tho there are some fears ex-
pressed that the late upturn in prices
will cause an overloaded market here
next week and thus turn the tide. The
beef situation of late has been in
pretty good shape both here and in the
eastern quarters, and the reduced re-
ceipts this week have afforded the
slaugllterers opportunity to unload
coolers of beef bought a few weeks ago.
Hogs.
A sharp reaction put prices on the
closing day of the week, SOLO lower
than the previous day. Demand
lacked energy and a top of $3.50 was
paid for heavy hogs by shippers.
Butcher pigs were in fair demand and
few held up to the top of the mar
ket.
The average price yesterday was
1854, the same as Thursday, IL cents
higher than a week ago and $1.O9 high
er than a year ago. This weeks av-
erage price will be about $3.50, being
the highest week since the last week
of July, and within 20 cents of the
high week of the year, which was the
second week of last July. This weeks
average is $1.27 higher than the first
week of January, the low week of the
year.
Sheep.
All records for receipts of live NUT
tons were smashed this week. The
tremendous total of 1S0,9S0 is over 49,
900 more than the total for the pre-
vious highest week in the local mar
ket. Naturally the big supply has
forced prices lower, but the best kill
ing lambs are nearly steady. The bulk
of sheep and lambs are off 5 cents,
compared with last week, some sheep
as much as 80 cents.