Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-05-16
All Grades Close Much Lower
Than Was Case a Week
Ago, However
ACTIVITY IN HOG MARX
Despite This, Prices Were a Shade
Lower Than They Wore Yesterday
Little Doing in the Sheep Market,
Which Was Steady = Prices Con-
siderably Lower Than Week Ago.

Chicago, May 1s.-Cattle were
steady; prices for all grades close
| much lower than week ago.
After the hard drubbing which the
price list has undergone of late the
market closes in poor shape.
Arrival of plentiful supply of Tex
| as cattle direct to killers and big buy
ing by packers at other points, mainly
of Texas and southwestern grassy
steers, have been the chief bearish fac
tors in the trade. The decline was ex-
pected to result as soon as southern
| marketing grew too liberal volume,
and the quick shutoff Of keen call for
steers was thus not surprise to the
sellers, who had warned feeders and
shippers of probable slumps.
All week the market has been very
uneven, and particularly in the We'd
nesday trade. Many sellers did not get
the full decline on Wednesday. but
those fortunate enough to land We'd
nesday holdings at prices close to the
Monday range found the bottom out
of the market by Thursday.
The classes which have of late been
selling relatively highest caught the
greatest slump this week. Yearlings
and good light killers and shipping
kinds have been best sellers for sew
eral weeks and these We're the grades
toward which the buyers aimed their
main bearish attack.
'iogs.
Hogs were active and shade lower
than yesterday.
Supply in the west was again liberal
and the six western markets show up
with about 100000 for the week, a
considerable increase over last week
and also the same week of 1907 Or
ders were scarce, and this exerted a
very depressing influence.
Orders were more scarce later In
the week, and packers were able to
dictate prices without difficulty.
At no time was it an active market,
and the fact is palpable that the stuff
is coming faster than packers want IT.
Another heavy run is expected on Mon
day, but with fine weather and resump-
ton Of work in corn fields supply ought
to break off the rest Of the week.
Current prices are close to a dollar
lower than a year ago.
The range of prices is extremely
narrow on good hogs, but buyers are
all discriminating against big coarse
sows, insisting on throwing them out
Of loads.
Sheep were steady, with but little
doing, and with prices considerably be-
low those Of last Saturday.
Prospects for next week are not
bright While rColorado-feed lots are
here and the last big train load has
been shipped from northern Colorado
this week, big feed lots around Chi
cago are we'll filled Supply there has
been reduced about rs car loads this
week What the market needs for tonic
purposes is light run the fore part
of next week. Liquidation is on full
force, however, and it is doubtful if it
can be checked as the feeder sees no
prospect Of Improvement, and is de-
termined to eliminate an oppressive
feed bill.
Spring lamb trade has not opened.
A few Tennessee lambs have sold at
7@9c, and l0c has been paid for
springers The Louisville price is SC,
but a big break is expected there
when the movement from below the
Ohio river begins in earnest.