Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-28
Weeks Trade So Irregular That
Exact Status of Trade Is
Uncertain
DECLINE IN HOGS TODAY
The Demand Today Was Very Tame,
Even at tho Lower Prices Which
Prevailed-Too Heavy Supplies of
Sheep Caused a Decline, But Lambs
Have Broken But Little.

Chicago July 2S-CattIe--The mar
ket was of the usual nominal Saturday
character. Nothing of any conse-
quence was offered in the open mar
ket. The demand during the week
has been so irregular that it is hard
to establish the exact status of trade.
Some prices are higher than last week,
while others are lower. The market
for cattle selling above $500, has been
strong all week, and all steers below
that price have suffered declines.
which range from shade to 20 on
common, to 5000 on grassy sorts.
Trade in choice to prime beeves dur
ing the week has been the best Of the
season in point of demand and activi-
ty, with the range standing firm with
late last week, and the highest of the
summer season. The market for the
commoner and fairly good steers, how
ever, proved unsatisfactory to owners.
prices for these showing 10m40 cents
decline. Call for best beeves was as
brisk as it was dull for less desirable
ones, anu u lSdluIc VI tiiS NSCh - VI CIV
was the widening of the spread be-
tween these offerings, recent selling
being at the widest range of the year.
With increased receipts of western
rangers and Texas sellers have small
hope Of checking the downward trend
of the market for common and medium
natives, while on the other hand there
is strong belief that even higher prices
will be secured for strictly choice lots.
1t looks as tho grassy and short-fed
natives will come even more freely
owing to the recent sharp advance in
the price of hay, this applying espec-
tally to those sections where the out
look for corn is less favorable. AS the
western range season practically open
ed this week and liberal runs are eX-
pected beginning with next week along
with indications of larger supplies or
Texas cattle than usual, there is MOTH
ing to warrant the belief in better
trade for poorer grades of natives, as
buyers prefer the western rangers and
Texans to these. owing to such show
ing comparatively better results in the
Strengthening tests.
Conditions surrounding the market
for finished beeves, however, show up
in decidedly favorable light. 1t is
generally said by those in touch with
the big feeding sections of the middle
west that there will be no liberal runs
of choice grades, and they are conf
dent that increased receipts of half
fat steers at this time spell smaller
supplies of good kinds in the country
later on. In addition to this bullish
not ant in, 10
eign markets, while eastern shippers
have taken hold fairly free daily.
Several loads Of prime 1896 to 1853
lb beeves reached $3.50 this week, and
more sales were made between this
price and $500 than for some time, tho
s55OM5.75 secured choice offerings.
Fair to good fat grades sold at S4.7b
@5.25, and very desirable grassy steers
sold at $3.50, while a fair class went at
1925 and commoner ones under $4.OO.
The weeks run promises to pan out
Ga, 7O0 or the largest since the week
ending June 90, and an increase OF e.
200 over the previous week and 10000
more than one year ago. This increase
in receipts reflects the more liberal
runs of short-fed natives and western
and southwestern cattle at this time
Hogs.
Prices declined today Even at
this decline, demand was very tame
and it was not until late in the ses-
sion that the bulk of offerings We're
cleaned up.
The hog market has had its ups
and downs during the week and
the average today showed mostly sc
decline from one week ago. Buyers
were intent on widening the spread
between the commoner and good
grades with the margin about the wild
est of the season now. Prime 1877 to 2O2
lib averages landed at $500 on Wednes-
day, as high as any time this year. but
lust as good lots today sold at $3.50,
with common grassy kinds down to
$3.50. Bulk of sales were at $500
6.75.
Buyers take every opportunity to
lower the range, and with enlarged
receipts traders fear they will use with
effect the hammer which they have
held over the market for such a long
time. However. under moderate mar
ketings there is small chance for them
to use bearish tactics with any effect,
as the eastern demand is still good
and the outlet for fresh pork products
is about as broad as any time lately.
Sheep.
Sheep, like cattle, have been in too
heavy supply. There have been more
westerns than the trade could take
care Of Sheep declined all the way
from so to IS. Lambs have not brok-
en- as much, tho common sorts have
been hard sellers all week
Receipts this week promise to pan
out around $4,000, which would be
among the largest runs of the year.
This big increase in supplies was due
TO the large movement of stock from
the western ranges The demoralized
condition of the eastern dressed mutton
markets and the heavy runs here COM
bine! to put the local trade in bad
shape and resulted in bulk of sheep and
warnings breaking 20 @5Oc from late
last week.
Most range yearlings sold at $3.50
6. go recently. the best at $50 and feed
ers at S5.20005.60. Bulk of Wethers
landed at $4.75Me5.0O and feeders paid
s4.65m475 for several big strings. Best
ewes reached 4.S0 and the bulk landed
at s4.40m4.T5. Yearlng breeding ewes
of a fancy class sold at $3.50 and other
plain old stock went on this account at
s4.15m4.35, while several strings of
aped ewes went on feeding account at