Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-05-14
CATTLE DEMAND TAME
Matters in That Market Rem
dered Still Worse By Down
pour OF Rain
DECLINE IN PRICES OF HOGS
s;calpers and Shippers Filled Urgent
Orders, But Showed No Inclination to
Buy Unless at Lower Prices Than
Yesterday-Receipts Too Heavy
Sheep Dull and Slow.

Chicago, May 14-Cattle.-Ther
trade. Demand was very tame, and it
was not rendered any better by con-
slant downpour of rain, which served
TO keep under cover all buyers who
did not have extreme, urgent orders
for stuff. Quotations were steady.
Shippers did not have extensive or
iers, and there was so little competi-
ton from exporters that the demand
from that source did not amount to
anything.
Meat conditions in the east were
not improved any by the bad weather
and shippers had orders to cut down
more cattle received than the trade
looked for.
Uncertainty regarding the probable
receipts was chief cause for slack
trading.
Even tho the run was quite liberal,
there was still demand enough to af-
ford a pretty good clearance, and while
the market was slow to the finish the
supply in first hands on the close was
rather small. Yearlings of choice
quality and the handy fat steers were
again In best favor, but the call for
good to choice strong weights was still
pretty good
Lower prices all around were the
natural sequence of increased market
ing this week. Packers have had
some Texas cattle direct from other
markets, while they have also slaugh-
tered liberal supply at the outside
points. and their needs for the natives
have thus been reduced.
A big crop of grass-fed stuff is now
in course of preparation for the mar
ket, and as the advance arrivals from
Texas and the southwest find outlet,
the demand for natives, barring choice
to prime kinds, is sure to fall off.
logs.
Receipts were too heavy for the
trade. Most early sales were made at
declines of 5@1Oc under yesterdays
average. Scalpers and some shippers
who had urgent orders filled them, al
tho they showed no inclination to take
hogs unless they could secure them at
lower prices than yesterday.
At primary markets the half-week
run is approximately 100000, or 10000
more than last week and $4,000 in eX-
cess of the corresponding period of
1907. May receipts to date here are
35 900 in excess of last year, but ship
lnents have taken more than the ex-
cess, their may purchases showing
gain of $4,000. Shipping demand felt
49,. III ooIx l,,11 nd
ing on that account, while double what
1t was year ago, is slightly below
the demand of last week.
She.p.
Prices were steady, and the market
was dull and slow.
The half week run is about $4,000, or
$4,000 more than last week and $1,000
in excess of a year ago. Buyers, in ac-
cordance with custom, were nosing
around after light lambs, which We're
scarce. There was a profusion of big
lambs, which everybody showed dis
position to sidestep. Liquidation by
Colorado feeders is in the air. The
five western markets report about $780,
600 head for the half-week, against
96 900 last week and $4,000 a year ago.
Holders are thoroughly discouraged,
and, realizing that there is little hope
of an upturn, are cashing in the stuff
in sheer desperation to cut off the feed
bill. When liquidation is over, an up
turn may be registered, but that will
do those who are forced to cash in no
good.
Big lambs wearing wool were con-
spicuous in the run.
Bids were hard to elicit, and lot
of stuff was unsold Statesmen who
had good lambs declared they could
not even get a look in from buyers,
much less bid.