Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-02-08
week SHOWS LGSS
Heavy Cattle Stuff Dropped Back
and Closed 10 at 5 Under
Last Week
DEMAND HAS, BEEN sPAsMoDIc
Cow Stuff With Exception of Very
Good Cows and Hefers Also Show
DecIine-Aoe Market Shows Ad-
vances of From Close of Previous
Day-Sheep NominaIIy Steady.

chicago, rep, o.-Cdtlie-N l.H d
nominally steady market this morning,
prices at the close of the week Tor
steers, is about the same as the hnish
| last week. with the exception of heavy
| stuff, which after u good market the
| earlier part of he week. dropped back
into the old rut and closed l0M l5c UNI
der last week The demand has been
spasmodic and cratic Cow stuff fol-
| lowed in the wake of steers. and with
the exception CT very good cows ana
heifers, shows IL decline of lOMl5c for
the week
The goodly gains Of 1oMl5c made
Monday aud further advances for many
/ heavy steers early Wednesday are now
wiped off the safe. Exceptions to the
| steady level compared with late last
week are the good quality handy weight
killers, which today were quoted strong
to 10c higher than last Friday. There
has been good demand for these all
week and up To Wednesday bulk sold
up 150t20c, while the lower trade
Thursday caused drop of mostly 10c
for such classes. In first days the
heavy good strong weight steers were
much the best sellers. Last week these
found poorest outlet, but there was
good shipping and export demand at
the start this week and buyers took
hold freely, tho they quit in middle
hours "Wednesday and since then de-
mand for heavy steers has been quite
| week.
| Thursday particularly the heavies got
a bad jolt. Sales of bulk We're then
| l5M2Oc lower than best time Wednes-
day and instances of zoe We're cited by
some sellers. Strength of general
shipping demand during the week has
not been as firm as a week ago, the
outward movement in five days show
ing only 1000 increase over a week
ago, against an increase of $500 in
general receipts. The supply for local
killers has thus been 800 larger than
week ago and they were quick to
pound the market down from the high
err level established in the first part
of the week.
Traders are calling for moderate re-
ceipts next Monday. There is only fair
consumptive outlet for beef, and with
| the export demand smaller in the past
few days, prospects do not favor very
big buying by these interests early
next week. Narrower competition Will
mean poorer market under very lib
eral receipts.
Hogs.
Hogs-There is stronger tone than
trade anticipated, the market showing
advances of Sc from the close of the
previous day. Receipts were liberal.
Shipping orders impaired better tone
and killers were compelled to follow
the advance.
Not long ago there were many prog
nosticators in the hog trade who, peer
ing into the future, predicted that an
up turn in the prices would eventually
land them once more on a quite remu-
nerative basis. These optimists did not
jump at fanciful illusions and proclaim
them as sound logic, but they went up
on the theory that the country was
about to quit excessive liquidation and
settle down once more to normal oper-
atons, but these have not material
lied.
There is still rather big rush Of
hogs marketw;,rd. altho considerably
smaller numbers are coming than at
loodtide in January. The prices have
moved up some, but not as fast as the
cheerful ones had predicted. and, too,
the upward movement has been slow,
being fought every step by the bearish
coterie of local packers, who having
once got control Of the situation after
several seasons of unsuccessful at
tempts to put the market down to a
$500 basis We're once victorious, de-
termined to hold it there aa long as
possible
The little up turn in the past week
has been brought about mainly by a
rejuvenated eastern shipping demand.
The shippers are buying hogs freely
nowadays and increased competition is
putting renewed life into the trade and
giving sellers hopes of better things to
come later Packers have lately paid
higher prices under protest and have
at each opportunity used their ham
mer upon the market. They seem de-
termined to hold the good thing as
long as possible.
Sheep.
Sheep were nominally steady, and
lambs fully as high as yesterday.
Prices for the week showed lambs to
be 1OM15c lower, while sheep have not
declined so much.