Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-06-02
Despite Unusually Light Re-
ceipts, the Market Has Been
Most Unsatisfactory One
OF TEN IN HOGS
Sellers Were Discouraged by Inactiv-
ity in the Market, and Packers Were
Absolutely Indifferent-No Demand
From shippers-smaI Gains for
Sheep Noted During Week.

supply, and ruled nominally steady.
The market is clogged after one of the
most unsatisfactory weeks of the en-
tire season. In spite of the fact that
receipts have been $1,000 less than last
week, the demand has been feeble, and
the market at times has been in an in
ert condition thru lack of demand on
the part of packers. While choice
steers have not declined to any marked
degree. common and medium are about
Is lower than last week, and butcher
cattle are off from 25 to 40.
A decrease of 5000 in cattle re-
ceipts for the first three days of this
week compared with a week ago, has
failed to stimulate material strength
in the market the reduced consumptive
demand resulting from the greatly
overdrawn reports of the agitation
against packing house methods evil
IDENTIFY having created the suspicion Of
the public, which has cut down sales Of
beef to an extent which has become
alarming to the sellers.
Only the strictly choice steers show
gains over last week, and the price
range for these stands but l0c higher.
The market for medium and plain
steers has been dull all week with the
exception of little furry In the early
trade on Monday.
Big weights and the yearling classes
have been the hardest sellers, such
moving very poorly this week Year
lings In particular have gone poorly,
many of these landing at $4.50@510.
being quoted 35@50c lower than the
high point few weeks ago. The sup
ply of yearling stock has considerably
exceeded demands and in face of the
poor beef trade buyers have hit prices
a hard blow.
AS long as the present agitation IS
rife in the public mind and the whole
sale untruths are fired at the public
for its digestion, the demand for beef
is expected to be low, and sellers take
a rather gloomy view of the future out
look. Passage of the Beveridge in
spection bill, with a few minor points
Of the measure in its present form
it is believed, will soon re-
store the public confidence and relieve
the burden that has lately fallen heav-
lily upon the shoulders Of the producers.
Hogs.
Inactivity in the market caused sell
ers to let go Of their holdings at prices
generally about 10 under the levels of
the previous session. Packers We're abb
solutely Indifferent and tA.re was prac-
tically no demand from shippers.
Under runs larger than expected and
a failure of the shipping demand to
make corresponding expansion local
hog buyers have had the best of the
argument this week, tho the latter
seemed to want the supplies at the
lower range. Compared'with one week
ago bulk of selling showed sc decline.
It took fancy hogs to reach $685. re-
Gently, about the narrowest range of
the season thus far.
Quality of hogs reaching here lately
was the best of the season, while the
average weight made an almost steady
increase in late months. The average in
May was 226 lbs, or the heaviest since
last November, while the weight this
week promises to be as heavy as the
previous week, which was 227 lbs, the
heaviest of the year thus far and Z lbs
heavier than the same week last year.
Sheep.
Live muttons were steady. For the
week, lambs are little changed, while
sheep have gained little
Recent trade in sheep and yearlings
had better tone, in that buyers took
hold with more freedom than late last
week, tho bulk showed 10@15 cents
decline from one week ago. The late
slump in the market discouraged more
liberal runs of these classes and the
result was beneficial to owners. In
cluded in the arrivals was larger
of native ewes, tho the
number of such to the general supply
was meager, while marketing of west
arn stock was smaller than any pre-
vious period this season, indicating
that the number of the latter classes
back in the feed lots is small. There
is little hope among traders of SPRING
ing prices much for sheep and year.
ings unless the prevailing range for
lambs is materially improved. as the
former grades are selling too near the
latter to encourage the belief in higher
prices for such.