Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-09-08
All Cattle Average Lower In
the Killing Line, Than a
Week Ago.
LOG PRICES HELD STEADY
There Was Good Demand, the Buying
Being Largely LocaI-shippers Have
Made Large Sums This Week-Bis
Packers Aided Market-sheep Prices
Have Shown Marked Advance.

A few of the strictly fancy sorts have
not declined, but good to choice lots
are off %, while common to fairly
good steers are down 25GD40.
Big receipts have caused a sharp de-
preston in cattle values this week
There has been nothing particularly
wrong with the demand from any
quarter. but the increased marketing
has made lower prices inevitable and
the range for the bulk is down % a
40c from a week ago and instances of
soc decline We're noted in transactions.
The high prices last week seem to
have fired the country with u desire
to unload and the preponderance of
offerings has been considerably in ex-
cess of normal supplies.
The reaction in prices this week has
been natural sequence of big mar
keting. The buyers have been afford
ed opportunity to cheaper their pur-
chases and statesmen have been fore
ed to concede the declines with small
argument
The general situation as regards the
demand is not such as should cause
worry relative to the future outlook.
There is quite a healthy inquiry in all
but the export quarters. and even in
foreign trade there should be some
pick up, according to those most IA
miliar with conditions abroad.
The heavy steers have been hit hard
err than handy weight classes. The
handy kinds meet best call from both
shippers and packers, a big contrast
from the favoritism shown the big,
heavy steers last week.
Medium to good natives are meet
ing strong competition from rangers,
however, and the outlook for trade in
these does not appear very favorable
just now.
Prime kinds have met keen demand
of late. but the proportion Of such
classes has been very slim. Only few
lots have gone upward of $3.50 and
the best thus far this week at $3.50.
against $6.S5 a week ago. Most of the
strictly choice steers sold at $3.50
$40, with good to choice EXPORT and
shipping grades largely at $5.40@5.S0,|
with medium to good killers at $4.S5@
5.35, and the plain to fair grassers at
SALE OATS, while those at $3.75@4.00
We're tailings.
Medium COWS and heifers have again
been poor sale in the week and the
bulk of them go at 1o@15c decline
compared with last week.
Butcher and export bulls met fair
call at steady prices and good bolog-
mas also show little change from last |
week, altho plain grades sell 5@10c
lower.
Calves sell up largely 25c from last
weeks prices. but there is dull tone
to trade for medium and grassy kinds.
Big demand is noted in the feeder
trade this week, and values for bulk
are on steady to strong basis. but
medium classes have sold lower in
late days Country buyers have been
in larger attendance and the order buy
ers also active bidders. A top class
of steers has sold at S445 of late and |
bulk of medium to good kinds at $3.50
@4.00.
There was good demand and prices
were steady. Buying was largely To-
cal. Big packers have come to the
aid of the market this week. ADJ
vances during the latter part of the
week have put thousands of dollars in
to the pockets of the shippers.
Trade in hogs this week was of the
up and down kind, tho sellers came out
of the argument with best results. The
general trade on Monday was no more
than steady and the range received a |
hard and long fall on the two follow
ing days, the decline during this per-
iod being 20@3O cents. This checked
the free movement of hogs to market |
and the result was a sudden and sharp |
reaction and prices yesterday stood
500 cents higher than on Tuesday |
and strong to cents above one week
ago, tho the top price at $685. indicated |
an advance of 10 cents on that day.
Prime light reached $6.57k yester-
day and the bulk of assorted light |
weights landed at s6.50@6.55. Most of
the shipping hogs sold at S6.20@6.40.
The bulk of 22O to 260 pound packing |
arrivals went at $5.95@6.05.
Buyers are intent on widening the
range between common and good hogs |
and the outlook is for a still broader |
margin between such grades. Buyers |
are talking lower prices in the nearby |
future and we'll informed traders says |
that only under light runs can they be
barred from making a bearisf1 raid on
the market.
Sheep.
Only a few odd lots were on the mar |
ket today, and prices We're steady
Prices this week have shown a marked |
advance.
This has been another excellent
week for range sheep and lambs. De-
mand from both local and outside |
sources has been brisk and the prices
for sheep were held on a firm basis |
with one week ago, while most lambs
went 10@15 cents higher, the medium
classes showing most strength. Re-
ceipts have not been up to the expec-
tations of the traders and sellers had
good control of the market on most
days Prevailing prices should be
highly encouraging to the producers of
the west.
1t was mostly s5.40@5.50 deal for
the choice ewes. s400@450 for good
feeding ewes and s4.65@5.9O for a very
plain to choice grade Of breeders, tho
fancy yearing ewes went on this ac-
count at $685.. The good to choice
wethers landed a s5.50@5.70 and most
Of the feeders at $5.00@5.25. Fat
yearlings were very scarce and are
auotable at $5.75@6.35 for plain 20
choice kind, while offerings were
largely of the feeder grade and went
at $5.75@5S5 for the choice ones and