Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-04-24
CATTLE STEADY TODAY
Offerings Contained Little of
Good Quality, and Shippers
Generally, Were Inactive
HOG MARKET TEN HIGHER
HOG MARKET TEN HIGHER
Principal Buying Was Done by Scalp
ers, AItho Shippers Took Hold Fair
ly We'll Today-Best Demand Was
For Choice Light Butchers = Sheep
Steady, But Rather Inactive.

Chicago. April 24-Cattle were steady
to strong and there was but little
stuff of good quality among the Of
ferings. Shippers generally We're out
Of the market.
The market this week has shown
material Improvement all along the
line under lighter receipts, totaling
3S,SOO in four days, against 4l,096 a
week ago and 1868 a year ago Prices
for good to choice steers today were
conservatively quoted zoe higher than
low time Il week ago, tho some of the
medium heavy lots were hardly more
than 15c higher. On the other hand,
however, instances of 3O@35c ad
vance were noted for some of the
choice to heavy grades.
Light and handy weight fat killers
are mostly 25@30c higher than a week
ago, and bulk of the yearling crop has
also gone at 25c advance in the past
few days. Continued light receipts
have at last afforded the killers op
portunity to work of some of their
big stocks of beef. Even tho the pub
lie complains against high retail
steers and prospects for light runs in
the next few weeks have warranted
the high prices.
With the ending of the Lenten sea-
son the demand for beef has i'm
proved some, and in face OF meager
cattle supplies a reaction from the
late weak markets was only natural.
Hogs.
Hogs were 10 cents higher than
yesterdays close. Scalpers were the
principal buyers, altho shippers took
hold fairly we'll. Choice light butchers
were in the best demand.
The situation in hog trade at pres
ent is. one of uncertainty as regards the
future prospects. Nominal conditions as
relative to the supply, present and
prospective, would seem to indicate AN
UP turn in prices from late lowered
levels, but the trade this week ha. de-
veloped nothing which gives encour-
agement to the belief that such will
materialize within the near future.
Even under considerably reduced
supplies prices have fallen fast until
the market has reached a basis which
puts country prices to the IS point and
below Shipping demand has been OF
fairly liberal volume, heavier than last
week, in fact, but still the packers
buyers have been able to take the sit
uation we'll out of the sellers hands.
Poor demand for fresh pork products
seems the chief bearish factor. Pack
ers are cutting little fresh meat, claim
ing the call for it to be very poor
despite the co. ;iderably lower prices
now ruling as compared with few
weeks ago. On the other hand, the
killers assert that hogs cannot be cut
into ribs on a profit making basis.
Sheep.
Sheep were steady, and not very ac-
tive
Compared with a week ago, prices
show little change, but the trade is in
an invalid condition and if volume of
supply was equal to that of the same
period last year, the level of prices
would be materially lower Shipping
demand is slack. and but for the fact
that shearers and feeders are taking
out a few every day, not much would
be going out. The selling side has
had fight every day to prevent SER
ous depression of the market. Prices !
are considerably lower than last year
and not so much stuff has been show
ng up, but receipts this week are
close up to those of the corresponding
week Of 1907. and it is AN open Sc
,ret that feeding barns around Chi /
.ago are full of Colorado stuff sent
EAST because hay is scarce out that
Way. and consequently pressing on the
market.