Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-08-03
Market Nominally Steady, With
Butcher Sorts Showing Great
est Advance During Week
PRIME LIGHT HOGS 5 HIGHER
Other Glasses, However, Were Only
Steady Today-.Packers Unwilling to
Pay Higher Prices, Leaving the
Trading Principally to Spectators
Lambs Higher, Sheep Lower.

Chicago, Aug. 3.-Cattle were nOml-
nally steady, and prices closed l5@25c
higher for the week, butcher sorts
showing the greatest advance.
Barring higher sales of choice prime
steers in first days, these then scoring
mostly loo advance. and occasionally
a gain of 15c, the market has been
slow each day. and only on a steady
level with closing prices last week.
Slaughterers put medium and plain
classes down sharply last week and 1t
was evidently their purpose to keep
them down. which they have done quite
,handiy this week.
Warm weather has been a deterrent
to keen demand, consumptive outlet for
beef being small and particularly in the
east. where buyers have claimed the
beef trade is in poor shape. Shipping
demand, however, has been nearly up
to last weeks volume, the outward
movement being: within 1000 of a week
ago. Medium and plain grade grassy
steers have been selling on a relatively
high basis for several weeks and they
were due for fall most any time, while
now that prices for these have been
chopped down considerably from high
time the close proximity of marketing
OF western rangers would seem to bar
any material upturn in prices for these.
There seems little possibility of a
lower market for choice to prime
classes. and particularly the latter.
Scarcity of prime beeves this week put
the top at $3.50. the highest point of
Il, n halt hot
the high point for the season has not
yet been reached The spread in prices
between poor and prime classes is Wild
ening however, and as soon as rangers
come freely there is likely to be still
broader gap in the price list for ma
tives
Hogs.
Prime light animals were SC higher,
and other classes were only steady.
Trading was confined principally
among spectators. packers being re-
luctant to pay high prices
While sellers had things pretty much
their own way at the start Of the week,
buyers have dominated the market
since then to a great extent. The light
weights were held on steady basis
with one week ago, however, while
other kinds showed 5@1oc loss from
then. the palmer and heavier classes
going to least advantage.
Sheep.
Sheep were dull and steady Lambs
We're 25c higher for the week, with
sheep CSC lower
Demand for mutton sheep and year.
lings this week proved disappointing to
sellers, which. along with the increased
movement from the western ranges.
rendered trade duller than usual, and
caused prices to sink mostly Csc under
one week ago. tho there were instances
where the in-between offerings as we'll
as coarse, big weight grades, showed
35c loss.
Commission men have many orders
on hand for feeding sheep and year
lings as we'll as breeding stock. but
there seems small show for such to be
filled for several weeks yet. or until the
movement from the western range is
in full swing In the meantime pros
poets are that prices will continue on
high level.
There is nothing in the situation to
warrant liberal runs of fat sheep and
yearlings here next week, as packers
seem intent on getting their supplies
on a lower oasis. 1t is their claim that
the condition of the dressed mutton
market calls for this action.