Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-05-11
sellers Task of Holding Prices
to Steady Level, Was Diff
ticult One
HOG ADVANCE AVERAGES FIVE
In a Number of Cases Today, Full
Ten Cent Gain Was shown-spec-
uators Show Considerable Activity
Today-sheep, in Some Instances,
Were Ten Cents Higher.

Chicago, May 11.-Cattle-All offer
ings were taken at an early hour. Pack
ers and outsiders alike were buying,
and meagre supplies made the sellers
task of holding prices to a steady level,
an uneasy one. The close finds the
trade in a fair condition.
Feeder dealers, finding very poor
country demand for their holdings,
dumped considerable number of them
onto the market for packers selection,
and while the local houses took many
of these cattle relatively cheap. sellers
were pretty we'll satisfied with prices
for the fresh arrivals of plain and me-
dunn light short-fed classes, and there
was not much change in values for
these as compared with week ago.
Packers have been the main sup
porters OF the market turnout the
week, as they We're a week ago. Out
siders have taken only 1920 cattle in
four days, a decrease Of 1900 in COM
parison with a week ago. and in con-
sideration of this relatively narrow out
let thru eastern and export quarters
the fact that prices for good steers
are closing little under week ago
is not surprising.
Reasons for the light slump in val
ues during the past two days are not
hard to find. The big midweek supply
of 24,0SS here Wednesday started things
going in buyers favor and enabled them
to stock up plentifully with good steers
at lower prices and they We're thus
in a position to demand another con-
cession in prices
Hogs.
Spectators took another hold this
morning and thru their activity, sellers
were able to advance the prices five
on an average, with a number of cases
in which a full 10 cent gain was
shown.
Paucity of supply was explained by
activity with backward corn planting.
The bear contingent, somewhat dis
couraged it must be admitted, is still
hopeful. 1t is hugging the Illusion that
big run will occur next week" but
like the tomorrow Of tradition, next
week does not arrive. I'VE haven't
had the big run they have been talking
about so profusely," remarked man
on the buying side, land present con-
dtions do not justify an assumption
that the country is full of hogs. On the
contrary, it justifies doubt that nor
NAL supply exists. The country may
be busy getting in corn, but If it was
carrying an excessive supply of .hogstit
strikes me Il t it would put in some
time nights and mornings getting them
to the cars
Bearish prophecy sent to the coun-
try last week has failed to arouse pes
simism The light supply this week
indicates sentiment in growing circles
Prowision-pit artists are obviously
scared and are ignoring a strong sta
tistical situation, apprehensive co1tin-
ually that the notwithstanding next
week will fetch in an overwhelming
supply that is to put the market on
much lower basis if the bear element
is to be given credence. The trade has
been waiting for this big run for weeks
past, and it appears to be as Elusive as
the search-Warrant hunt for the phil
osophers stone.
Sheep.
Live mutton ruled strong and in few
instances, DIS IluCIl lSIl HlS tilaH
the levels of the previous day
Chicago Livestock.
Chicago, May IL.
Cattle -Estfmated receipts COR today
500; strong beeves, 4.15@6.20; cows
heifers, 1s- E5.35; stockers and feed
ers, 2.9O@4.S5; Texans, 4.O0@4.7O.
Hogs-Estimated receipts for today,
ID 1000; SOLO higher; mixed butchers,
635@652k; good, heavy, 652h %
6.62h; rough. 6.2o@6.35; light, 5000
6.571h; bulk sales, 6.50@6.571s.
Sheep-Estimated receipts for To-Day
5000; 10 higher; 4.15@5.s5; lambs, AIS
@1.55.