Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-04-21
CATTLE CLOSE LOVER
Price Levels We're About Ten
to Fifteen Under Last
Weeks Close
HOG ADVANCE LOST
Trade at the Opening Was Five Cents
Above Fridays Levels, But the Mar
ket Closed About the Same as Yes
terday-sheep Supply Measre, Mar
ket Fully Steady.

Chicago, April 21-Cattle-At the
close of another unsatisfactory week,
levels were about 100115 under those of
last weeks close The demand has not
been strong from any quarter, and it
has been matter of some difficulty for
sellers to dispose of their holdings.
Conditions In the trade for medium
kinds have of late been the reverse of
these noted at this period year ago.
At that time there was big country call
for fleshy feeding steers and the feeder
buyers We're strong competitors against
packers for these classes Outsiders
often paid relatively higher prices than
slaughterers and obtained big num-
Der each week, which heavy shipments
to the country cut down the supply of
beef The same conditions were true
at other points, and the effect of heavy
buying Of such kinds was later in the
season responsible for an oversupply Of
beef steers and the trend of values was
downward, in direct opposition to the
expectations of many feeders.
AT present, in the absence of big
competition from feeder buyers, pack
ers and shippers are getting heavy
quota of these cattle, and the smaller
shipments to the country are indicative
of probably much shorter supply of
medium to good beef steers later in the
season. With these conditions facing
the trade there are rather bullish ideas
in the minds of many sellers.
The situation affecting the probable
immediate future trend of values Is not
very encouraging for better range in
the event of continued liberal supplies,
however, and traders are advising eau
tious country operating, in the belief
that even if the present values are to
hold supplies must be cut down.
Hogs.
The initial trade was five above Fri
days levels, top of $685. being paid,
but the bulk of early sales was made
at $3.50. The early advance was lost,
and the market closed about the same
as yesterday
Some late shipping orders came from
the east and after the sloppy feature
that marked the latter end of the ses-
sion there was firm final and more
hogs would have been used had they
been available. The encouraging fea-
ture of the trade has been materialiZa-
ton of shipping orders, which have
been so slack all week
Stocks of short ribs in Chicago have
increased 100000 lbs since April l, and
are 100000 lbs. 1t is unusual to nave
an increase at this season, as for the
past five years stocks have decreased
in April. Schwabackers estimate OF
stocks of old pork is 1000 brls, Of new
81 600 brls and of lard $4,000 ties, an
increase since April of 1000 ties lard
and 5000 brls pork. Much OF this IN
crease has been due to shipments from
western packing points.
The coming crop of hogs may not
sol, at such a high level as the one
marketed this winter, but 1T will go IN
"a the butchers hands at profitable
nrices and every pig saved will be so
much added wealth in the pocket ol eiie
grower.
Sheep demand was eaual 10 the
aasra supply and the market was
fully steady, with the pest rame o.
the previous day.