Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-02-15
General Decline of Fifteen To
Twenty Five, With Medium
Sorts Excepted
GOOD SUPPLIES WEAKEN HOGS
EARLY Quotations Five Lower, But
Shipper. and Packers Showed No
Disposition to Take Hold, Result
ing in Few Sales Sheep Prices
About Steady, But Trade LifeIess.

Chicago. Feb 15--Cattle We're NOM
nally steady, chiefly because OF light
receipts of butcher stuff. fully steady
offerings, we'll cleaned. Prices today
were 1905 lower than on Monday ex-
cept for medium sorts. which show but
little change in values.
Improvement in prices for fat ex-
port and shipping steers IN the past
two days has put the general range on
"a little better basis than last weeks
closing. but as compared with Week
ago the bulk of medium and low
priced steers are still 10c lower and
most Of them 15G25c under best prices
noted Wednesday of last week Even
the choice steers are still quotable
mostly 15c below the high range We'd
nesday of last week, and while the
situation Is a little improved over the
conditions earlier this week, there Is
still need of very cautious country
operating for next weeks market. as
the general demand is not growing Ney
satisfactorily, and altho packers are
moving beef more readily and shippers
also getting cars with less difficulty
the outlet for beef Is not of sufficient
breadth to warrant renewal OF big
marketing.
Receipts In four days this week mt
SO, 700 show $500 decrease from week
ago and 1t Is due to the fact OF this
decrease in the arrivals that the trade
has mended to some extent
At this season OF the year there Is
always a tendency among cattle feeders
to liquidate. 1t Is the hardest time to
put on fat, for weather conditions are
generally the most favorable. The hay
crop was short last year and many
cattle feeders are getting to the bot
tom of the stack and rather than buy
more roughness at q high price. they
the prices. Altho receipts have been
somewhat liberal for some time they
would be still larger II the railroads
would supply cars as fast as the coun-
try wants to ship the stuff in. All
over the corn belt there is a cry for
more cars. and at this time it Is fort
innate they cannot be secured or the
market would be fairly swamped. Msny
farmers OF the renter class change lo-
cations on the first of March. and on
that account considerable number OF
cattle are showed onto the market. I'm
til this fever Of liquidation runs its
course there will be but little chance
for the market to improve.
Hogs.
Hogs were weak on liberal supplies,
there being 5000 holdovers and fresh
arrivals were $4,000. Neither shippers
nor packers showed any disposition to
take hold unless sellers would make
concessions. Early quotations SC low
err, but sales were few.
Sheep.
There was but little life to trade,
light receipts precluding the possibility
Of buyers securing any liberal amount
OF stuff Prices were about steady.
The run has been heavy this week.
close to $4,000 in four days, and had
exporters not been in the market for
some heavy sheep, prices would have
slumped. Killers claim that the move
ment of, dead mutton is several laps
behind live stuff, and that liberal re-
ceipts down east this week have re-
stored congested conditions. None of
them were scrambling for anything and
it was sort Of bottled-up market.
The stuff is selling at a high level and
it is not surprising that killers back up
whenever they get enough on hand to
tide them over two or three days.