Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-27
CATTLE TRADE STEADY
Strong Demand From Exporters,
But Shippers Were Out of
the Market
HOG MARKET LOWER TODAY
Demand Did Not Show Enough Energy
to Force Any Gain During the Entire
Session-Avcraee Decline of Five
Tremendous Slump in Sheep Market
This Week.


prices quotable were little more than
nominal. Shippers were out of the
market. but there was a strong de-
mand from exporters. There were no
prime steers offered.
For the week the strictly choice and
fancy steers have not changed much.
If anything, there has been some
strength shown in these grades. This
applies to the steers which have been
selling this week at S6.25 and better.
From this price down to the Sc mark
the bulk of sales have not shown any
change, quality being the same. from
prices last week. There is u class of
steers from $500 down to $5.75. which
have not ruled steady, but in which
the decline has rot been very marked.
The common and medium sorts are
off all the way from 10c to 25c.
In considering the prospects for the
future the country should remember
that this is the time of the year when
the demand for grass steers falls Oft.
There has been big supply of them
on the market within the last few
weeks, and they have been seeking n
lower level on nearly every market
day. The coming of Texas cattle has
played havoc with prices for the native
grassers, and the opening of the IVES
tern season has also had a bad effect.
But the western season has only just
begun. and from this time on there
will be flood of range stuff on the
local market much of which will come
in direct competition with the grassy
natives. With this competition 1t is
inevitable that prices should go lower.
There are already a lot of common
steers coming to market, cattle which
range in price from $500 to $3.50. and
in some cases even as high as 3o.oo,
which the trade can hardly ma BUY
ers for, and this condition Will be SO
within the next month that,
bad as the present conditions are they
will seem favorable in comparison.
Shippers should take these things into
in the next few weeks
and act accordingly.
Hogs.
The market was weak at the start
and demand did not show enough en-
ergy to force any gain during the en-
tire session. The general average OIL
the market was cents lower than the
prices of the previous day. A top or
$3.50 was paid.
Hog prices have hardened materially
this week and this invariably heralds an
increase in the movement. Next week
will probably be a desirable period for
avoiding the market, especially with
hogs that have been bought at 6la
cents in the country.
Hog quality is nothing to brag
about" said buyer. These prices
look good to the country and every
thing is being shipped from trash 10
jacks. The latter are so
scarce that packers do not dare bid on
them and are contenting themselves
with taking the other kind, a process
involving the purchase of a lot of
packing stuff which under existing
conditions is not wanted. These prices
look good to everybody in the country
having a few hogs to sell and whenev-
er we get a bulge there will be plenty
of hogs on tap. Country shippers are
burning their fingers badly every time
they touch load of hogs, but nothing
will induce them to let the game alone.
AT 61s cents in Chicago packing sows
look higher than a cats back and there
is absolutely no stability to the quota
ton in case we get another big rum"
Sheep.
Sheep were steady and receipts very
light, offerings being made up of odd
lots of native stuff. The market has
had tremendous slump this week.
Iyal,,es arc o. to IL cents lower than
last week.