Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-08-16
GOOD STEER DEMAND
Moderate Receipts and Scarcity
OF Finished Stuff Create
Steady Market
HOGS CONTINUE ERRATIc
CONTINUE
ERRATIc
HOGS
Market Gives Indications Of Settling
Down and Becoming steady-Trad-
ers Seem to Be Nervous Over Finan-
cial outIook-sheep Are Steady-To
days Quotations.

Chicago, Aug. 6.--Cattle-Moderate
receipts and relative scarcity of fin
ished steers favored the market today.
and most grades were steady.
Quality of the run this week has been
considerably under that noted week
ago Fewer strictly choice steers have
arrived than in several weeks and In
face Of increased marketing of $500 In
four days, against 52,0S9 u week ago
and 52.711 a year ago, scarcity of choice
beeves has indeed been surprise and
the increased proportion of medium
and plain grassy natives was a deter
rent to improved trade.
Altho the market has not shown ma
terial decline since Monday, and in fact
some choice steers might be called l0c
higher. tone of the trade is still rather
poor and the weakened condition in
consumptive channels demands small
receipts next week, say local traders.
Prices for medium and plain steers
now stand mostly 10c lower than the
closing range last week and instances
of 15c loss are noted, while the general
run of cattle selling below 81 is quoted
35m50c off from high time Monday of
last week. Receipts have been of heavy
volume for the past two weeks and the
reason for lower prices Is plainly APP
parent when the poorer situation In
beef trade is taken into considerations
Packers have had coolers We'll filed
with beef for the last two weeks, while
the eastern shipping demand, altho
little broader this week than last, Is
still not up 10 par. coolers in the east
holding much beef.
Demand from the exporters has also
been disappointment, foreign ship
ments being quite light for this season
of the year, occasioned by the lower
markets abroad and keen competition
from exporters.
The little better feeling in trade for
choice to prime steers is merely IN
keeping with reduced marketing OF
such kinds. Supplies of such kinds
this week have not come quite up to
the demands of buyers and they were
thus forced to pay slight gains We'd
nesday, while on Monday their failure
to get these kinds lower, along with the
medium and palmer classes was due
to the same reason--small supplies.
Hogs.
Quality was good and prices steady
with yesterday. The hog market has
been decidedly erratic turnout the
week. Prices have held firm under
moderate receipts and they have also
been depressed when the run was
light There was no logical method
of accounting for the demoralized
condition of trade except on the the
DRY that the financial outlook was
gloomy, and provision mamufactur-
ers were facing a tight money propo-
sition in common with other lines of
business.
Sheep.
With light week lend receipts prices
were about steady.
The slump in sheep has caught ev-
erything. but breeding and feeding
stock. Western lambs are off 35@4Oc
for the week, while natives have suf-
fered even more Sort considered, they
are anywhere from 50@75c lower.
Yearlrgs are off quarter in sympathy
with lambs and sheep have declined 10
m25c. Explanation is easy. The mar
ket has had liberal supplies of western
lambs and natives have been put on
Easy street" in consequence. Feeders
and breeders have held their own, be-
cause supply is not equal to demand.