Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-03-30
Sellers Have Been Greatly En-
couraged This Week, Trade
Finding a Good Outlet
HOGS 10 TO IS HIGHER EARLY
Demand Was Active, There Being Good
inquiry and Purchases From Ship
pers and scaIpers, AItho Reaction"
Followed and the Market Closed
Weak = Colorado Lambs Score Rec
ord.

Chicago. March so-Cattle were
steady, prices closing 2O@40 higher
than Monday. All has been encourage
ment to sellers this week. Instead of
beng forced to fight the feeling Of
bearishness on the part of buyers,
trade has found good outlet.
Tops this week went at $500 against
Sc 80 week ago and few other lots
landed at s615@650. including KAN
sans, but the crop above $3.50 has been
small. Exporters bought largely at
So 50M5.75 and most medium to good
killing and shipping grades made $500
M55O. Plain to fair weight killers sold
at s4.6O@4.9O and tailings under $40.
Cow trade has been mostly lOc higher
OF late compared with a week ago.
small marketing being chief cause OF
price Appreciation Outsiders were best
buyers since Wednesday. while pack
els gave trade rather feeble support all
week, their needs being small. Meti-
um classes were relatively best sellers.
Prime stock was scarce. few heifers
selling above $500. and bulk of good
grades at s3.S504.40, while most good
COWS made s3.75@4.25. with few
prime lots up to $500. Medium cows
and heifers made $3.25M310.
Gamers and cutters showed small
change In value all week. Bulk of cut
tiers brought s2.50M2.75. and most cam
ring cows $2.10@2.30. Bulls met slight
ly better inquiry, due to small re-
ceipls, prices ranging strong to l0c
higher in later days this week. Outside
demand was small. Not many butcher
grades went above $500 and good boil
ognas made $3.45@3.55.
Hogs. :"
Demand today was active, and prices
early were 10M15c higher on good in
quiry and purchases from shippers
and scalpers. After their wants were
satisfied. reaction followed, and most
of the advance was lost The market
closed weak The ma jority of the pack
ers refused to buy the higher values
There is belief among traders that
marketing of hogs will be smaller now
owing to farmers being so busy with
their spring work, and that packers
domination of the market will be less
marked. Under moderate receipts there
should be a still better turn in the
market, tho packers will bend every
effort to keep the price from ascend
ing.
AS quality continues as good as ever
noted here for this time of the season
and lightweights comprise an unusually
small portion of the total marketing, #
would look as tho supplies of good
hogs in the country are still fairly lib
eral.
Prime heavy butchers sold up to $3.50
Friday, the best price of the week, and
only the inferior light and poor grades
of packers had to sell under 500 dur
ing the low time this week.
Sheep.
Strong to choice Colorado lambs sold
at the highest price of the season.
There was hungry demand for wooded
sheep and yearlings this week and
prices for the former grades gained
15@25c, while the latter went at the
best range of the year. Fat shorn
stock met better call and such Went on
a 15@25c higher basis, tho the plain
kinds met dull sale.
Traders take an optimistic view Of
the situation regarding stock in fleece.
as it is, believed there are not enough
of these back in the feed lots to give
buyers any chance to lower the price
range, but unless shorn stock is made
good and then marketed cautiously
there should be no surprise if prices
take al lower turn in the nearby fu-
ture.
Buyers this week tried hard to lower
tho COST of their wooded lambs hllt
shippers gave such good support to the
market that sellers were enabled to
boost prices generally 10c above one
week ago. Shorn offerings were more
active sale and prices ruled 15@2oc
higher.
There is no fear among traders that
buyers will dominate trade in good fat
wooded lambs, but the palmer grades
of Mexican and screenings-fed west
ems. a class which neither shippers
nor shearers will buy will probably
continue hard sellers. If owners are
to check a downward tendency for
shorn stock it is imperative that such
offerings be marketed cautiously for at
least another week, for big supplies Of
these at this time would put the trade
in bad condition
Chicago livestock.
Chicago. March 30.
Cattle-Estimated receipts To-: today
800; steady; beeves, 420M6.75; COWS
and heifers, 1.75@5.35; stockers and
feeders, 2.SO@49O; good to prime steers
5.50@6.75.
Hogs-Estimated receipts for today