Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-08-24
Further Gain OF 5 to 10 Cents
Made on Today's Market
in Chicago
REMAIN
STEADY
CATTLE
Quotations Hold at Yesterdays Fig
ures, With Receipts of Only 500 =
Sheep steady-Prices in Chicago and
Other Leading Livestock centsrs-
Other Markets.

Chicago. Aug. 24-With q run OF
only 500 today, cattle prices held steady,
with prices at yesterdays level. Trad :
ing was light and the demand did not
exceed the rneager supply.
Shipping call has been rather good,
! the volume of outside purchases being
within 1000 of week ago, but pack
ers have not shown disposition TO
trade freely at any time. Exporters
gave trade rather small support all
week. because of the relatively higher
prices here than abroad, where mar
kets are crowded with Argentine
chilled beef and prices low on this &C
count. Conditions in the east, too.
have not been of a buoyant nature, and
the situation in local beef quarters
shows no material improvement over
last week.
Consumption Is reduced consldera-
bly, compared with recent weeks oW-
ing to high prices for meats and the hot
weather and for this reason packers
are not inclined to buy freely of ma
tives Close to 5000 rangers have
been included in arrivals and these
were strong competitors against plain
and medium natives.
Scarcity of the choice heavy native
steers put such kinds in best favor
with all big buyers and these have
been the only really active sellers dur
ing the week. Quality all around has
been poorer and buyers naturally took
the few really choice grades quite will
ingly, simply because they needed
them Their requirements for other
classes are quite limited. however, and
while they have not been especially
bearish in trade for the $5.25 $500
steers this week their coolers still hold
lot of that class of beef bought few
weeks ago at prices considerably high
er than now and they are not wanting
very big supply of these steers even
at present reduced values.
Hogs.
Hogs made a further advance today
of to 10 cents and the conditions OF
the market seem to be improving. The
receips were the usually light Saturday
run, the estimate being 5000 head.
Sheep.
Sheep held steady today. and the
run of 1000 was only adequate for the
wants of the buyers.
For the week native lambs have
gained 25@5oc per cwt, sort included.
Western lambs show little change.
Sheep are mostly a quarter higher, and
both feeders and breeders are at the
lofties pinnacle of the year. Light
receipts have been the elevating factor.
The heavy break last week cut Off the
supply of native lambs. which has been
selling at prices ruinous to country
shippers, and the quotation list has re-
sponded Supply will be around 10000
for the week. which is $4,000 less than
of service eastern shipping trade has
been somewhat interfered with. but the
feeder outlet has been wide open and
not only everything fit for that outlet
has been grabbed with avidity, but a
lot of native lambs have been bought
by feeders who are taking long chances.
Bulk of fair to good native ewes late
ly sold at s5.00M5.5O, with a few choice
ones up to $3.50 and culls mostly $500
G14.00. Breeders ranged at $500 for
poor kind up to $685. for a choice year
ling class. Wethers were scarce this
week and few were at hand good
enough to sell above 1915. while fair
class went at $3.50. Small lots of year.
lings sold mostly at $5.75 UP to $3.50.
Most of the wethers from the range
landed at $3.50 Turing the week, while
no strictly choice grades arrived to test
the market for such offerings, altho
traders thought $5.75 would be readily
paid for them Ewes sold largely at
s54O@5.6O for good to choice lots, while
culls went down to $500. Practically
all yearlings that, sold for slaughter
went at s5.s5@5.9o. Feeders paid UP to
1925 for wethers and yearlings suitable
to their purpose ranged at s5.75@5.9O.
while breeding ewes sold at $5.10M6.15.