Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-05-24
CA11[[ ABOUT STEADY
Market Prices Closing Slightly
Higher on Steers Than
Week Ago
TEN CENT DECLINE IN HOGS
Receipts Were Too Heavy for the Trade
and Packers Were Extremely 6earish
Big Local Killers Easily Controlled
the Market = Offerings of Sheep
Light, and Demand Slow.

Chicago, May 24.-Cattle were nom
inally steady. Few steers arrived
Butchers cattle were active, but the
quality was not sufficiently high to
bring better prices. The market is
closing slightly higher on steers than
a week ago, the advance being espec-
tally noticeable in the case of choice
shipping steers.
Receipts for the week thus Tar gre
about 1000 short of last week an4
were so distributed that satisfactory
results were obtained most Of the sime.
Yesterday was the only time W len the
market was depressed, but compared
with week ago prices show gal9
of 10Q15c on the bulk of the GOOD
steers. Altho the handy light weights
were preferred, good heavy steers were
sought for, and buyers were willing to
pay stronger rates for all they could
find
Nothing of excellent merit showed
UP yesterday, tho one load arrived GOOD
enough to bring 500. There were
few sales at s5.75@5.90 and the bulk
of the days arrivals sold at $5@5.60.
Exporters bought very sparingly'
mainly at s5.35@5.60.
There was more outside demand for
cattle during the past two days than
there has been for many months. Lots
of small dealers were among the pat.
rons of the market, and as most OF
them wanted the cheap steers, that
part of the market was helped mater
tally.
Country buyers have been excep-'
tionally scarce all this week. and that
accounts for the dullness in the stock
ers and feeders market The tendency
of the feeders market has been down.
ward all this week, and most of the
light and medium steers are consfdered
10@15c lower than week ago, altho
the best are quoted steady and almost
as high as they have been at any time
Hogs.
Hogs were 10 lower, receipts being
too heavy for the trade. Packers were
extremely bearish, and as shipping de-
mand was light it was not hard for big
local killers to control the market.
Hot weather is at hand and some OF
these days big proportion of dead
ones will be thrown on the platforms.
Shippers will do we'll to load for such
an emergency.
Another heavy outpouring Of hogs
yesterday by the west kept the. market
on a down grade. Light stuff was hit
Thursday. more of it arriving. There was
a smaller proportion of weighty goods
in the run and a liberal showing OF
light and, light mixed, which is at;
tributable to the advance in corn.
Early trade was decidedly better than
later developments. The further the
session progressed the worse it got.
Initial transactions We're 21s @5 cents
lower Later the whole list was big
dime lower.
Sheep.
Sheep were steady to strong. Offer
ings were light and demand slow.
Live mutton trade would have been
under the lid again but for the timely
appearance of few outside orders.
Generally a strong market, trade was
very uneven, with spots that looked
5@1Oc higher. Under present condi-
lions killers are hardly to be blamed
for bucking further advances, the stuff
costing them outrageous prices on the
hooks. Buyers are studying dressing
sheets closely and peeling their optics
for something that will dress a high
percentage. Spring lambs were scarce
and most of the shorn stuff carried ex-
cessive weight. Feeders We're picking
up a few punches of shorn lambs at
6@6kc, but it was poor picking.
Colorado lambs sold yesterday al
sS.25 for culls to $50 for the best on
the market. Most Of the good shorn
lambs of desirable weight sold at $40
m7.60, but $3.50 was paid for the right
kind.
Heavy lambs sold at s6.75@7.25.
Yearlings we're scarce. Lamb weights
quotable to 81, with $6.25@6.75 taking
most Of the available stuff.