Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-05-01
Demand More Active, Despite
Liberal Offerings, With I'm
provement in Quality
HOGS FIVE CENTS LOWER
Demand Was Fair From All Sources
Except Packers, Who Seemed to Be
BearishIy Inclined Today-Five to
Ten Advance in cattIe-sheep Are.
Steady and Lambs Strong.

onlCaSO, May l--SdllieA w
WAS more active, Notwithstanding the
liberal run. There was Improvement
in the quality of offerings, and prices
were steady to SOLO higher.
The situation in steer rtade is not the
least bullish and outlook rather unfa-.
vorable to better prices in the immedi-
ate future, according to most traders.
Shipping and export demand, while OF
fairly liberal proportions, is not SUI
ficiently broad to stir up keen compe-
tition in the market as long as heavy
receipts are noted. The same Is true
of local killers. They claimed to have
liberal surplus of beef now on hand,
can hardly be good demand and
strengthened prices
Indifference of buyers toward choice
steers is bringing the range for these
closer to that for medium to good
grades than in many weeks, while the
relatively better call for lower grades
is moving prices for such kinds up
rather we'll There are still compar-
atively few beef steers landing below
$4.S5, and the number above $3.50 has
been smaller of late than in a long
time.
One reason for the scarcity of $3.50
and upward transactions. however, is
the absence of steers meriting these
prices. Kansas feeders have slowed
down in their operations, while Me-
braskans have seemingly unloaded a
goodly share of their holdings of choice
kinds and nearby feed lots We're long
ago about exhausted of strictly choice
steers. High prices are thus slipping
away from the trade and in the past
ten days sales over $685. and under
$4.S5 have not been of very liberal vol
ume.
Hogs.
Hogs were lower. There was fair
demand from all sources except pack
ers, who We're bearishly inclined.
April receipts of hogs are approxi-
mately $4,000, against 10000 last
year. With three exceptions, 1900. 1898
and 1896, it is the biggest April hog
run an record. Not only was the run
strong numerically, but it averaged
high in weight, owing to the fact that
corn was relatively cheap. During the
month the bulk sold at s6.50@6.75. A
top was made at $3.50. but the 7-cent
hog did not manage to get into circu-
lation again. On declines 61a cents APP
peared to be the humping post, but a
few droves were put up under the half
dollar. mark. The April run is about
$4,000 more than last year and this.
with added weight, means lot more
product. The four-month supply Is
approximately 2647. 900, or around 109,-
900 less than last year.
Sheep.
Sheep were steady with good request.
Lambs We're strong.
There is nothing in the situation to
warrant landing increased supplies of
sheep here on remaining days this
week, as undertone to the market is
quite feeble. In fact. it will require
light supplies to enable sellers holding
the price range from sinking to a lower
level. Buyers claim that the condition
of the dressed mutton market is such
that prevailing prices for stock on
hoof are still too high in spite of the
recent severe slump in prices
Owners of lambs should not crowd
the market during the balance of the
week if they would prevent buyers
from, further cutting into the price
range. Liberal supplies would only re-
suit in packers domination of the
market owing to the poorer support
shippers are giving the trade at this
time.