Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-06-09
CATTLE FAIRLY STEADY.
Practically All Steers Of Good
Quality Have Been In De-
mand This Week
GENERAL TONE IN HOGS STEADY
Light Receipts and Good Demand from
Packers Were Responsible for the
Strong Prices Today Which charac-
terized Many sales-sheep Market
Has Made a Marked Gain.

| Has Made a Marked Gain.
| Chicago, June 9--Cattle--The mar
| ket was nominally steady today. Prac-
| tically all steers which We're of quality
good enough to recommend them to
shippers or exporters, have been in
demand, and have sold at prices
which, if no higher than last week,
have not been any lower. A certain
class of cattle have been almost unsal-
able since the charges first made
against methods of saughtering and
canning.
Keen demand from exporters in late
days this week has afforded satisfac-
tory advances in prices for steers suit
able for this branch of the trade, and
some of the good shipping classes have
also sold higher. The bulk of fat beeves
have advanced 10@1o cents since We'd
nesday and as compared with week
ago most of those landing above $500
show 10 cents gain, altho the demand
FOR plain and medium classes has been
rather Indifferent and the best sellers
We're able to do with these was to hold
them steady.
They have been forced to accept
prices weak to 10 cents lower than last
week for the common light killers,
however, these meeting competition
from liberal arrivals of Texas cattle di-
rect to slaughterers, and also suffering
under poor demand from country feed
er buyers
Tone of the closing market is bright
er than week ago and traders are be-
ginning to view the situation affecting
the immediate future with little more
hope than was expressed last week,
altho both buyers and sellers are fully
cognizant of the rather cramped condi-
ton of the beef trade and the former
are anxious to avoid further Cutting
markets by moderate operations. There
has been nothing in the late market
which gave encouragement for big
marketing here at the start next week
and sellers We're today urging moder-
ate country shipping operations for the
first days next week Any very big
run will necessarily choke up the trade
again and the present condition of af-
fairs stands as an argument for rather
small receipts.
Stocker and feeder trade has been
narrow all week, country demand be-
ing dull, but prices have not been much
changed from week ago. Dealers
supplies have been small and included
a few really good to choice kinds. Com
mon stockers were very poor sale, and
a liberal number went at $3.10@3.35.
Choice feeders reached s4.4o@4.6o,
and bulk of medium to good made 1915
@425, according to weight and quality.
Hogs.
The general tone was steady, tho
many hogs sold at strong prices. Light
receipts and good demand from pack
ers caused steadiness in the market.
Liberal receipts and failure of the
shipping demand to make a corre
spending expansion enabled buyers for
local concerns to put into use their
bearish tactics with good effect at the
start this week. However, countrymen
wisely reduced supplies and the result
was that all the above loss was re-
gained and recent trading was S cents
higher than one week ago. The tops
at $3.50 showed 221a cents loss FROM
high day this year, but displayed a gain
of cents and $1.20 over one week ago
respectively The bulk of hogs landed
at $6.T1a @6.55. comparatively few lots
going above that price and only ordin-
airy mixed and hogs on the rough order
selling under $6.4i5. Few pigs are
coming at this time, and bulk of strong
where good enough go in with
light hogs.
Quality was fairly good and the gen
eral health of hogs unusually good, tho
the general quality was not quite as
good as the previous week.
Sheep.
Live muttons were in demand, and
the light run today was speedily taken
care of at the same levels of prices
which ruled yesterday. The market
this week made one of the most mark
ed gains of the entire season.
A sharp contraction in supplies prov
ed beneficial to the market this week
and sellers We're enabled to lift the lid
off the market which buyers had nailed
down so tightly. Better tone pervaded
the general trade and bulk of selling
showed Is OPS gain over one week ago. |
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