Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-04-24
CATTLE PRICES LOWER.
INDIFFERENCE OF BIG BUYERS,
CHIEF FACTOR IN REDUCING
VALUES THIS WEEK.
BULK OF MIXED HOGS
ABOUT FIVE HIGHER
This Advance Due to Active Demand
From Shippers and scalpers, But
Good Hogs Did Not Share in 1t, Tho
They Went at Stronger Prices -
Sheep Steady.

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Sheep Steady.
Chicago, April 24-Cattle receipts
We're too small to call forth the regular
market today. While the excess of Of
ferings this week over last, amounts
to less than 1000, prices have been
forced to lower levels, the Indifference
of big buyers being the chief factor in
reducing values. Prime grades of
heavy finished steers suffered the most,
recessions of 1920 being registered
Weight and quality has been in rela-
lively poorest favor all week. Killers
and shippers have claimed that higher
priced cuts of beef continue poorest
sellers and thus their bearish actions in
the heavy steer trade is explained. Beef
men calm to see no prospects for i'm
mediate improvement in censumptive
outlet and there is no likelihood Of ma
terial growth in the export demand.
Bullish prospects are thus not in evil
dence in any quarter and the present
conditions of affairs demands cautious
marketing.
Muddy feed lots and the high price
of corn doubtless were responsible for
the increased run this week as against
a week ago. Many of the feeders who
have been here of late claimed that
feed lots are in worst shape in months,
and that it is almost impossible to buy
corn except at prohibitive price.
Those who are holding cattle against
such conditions naturally are a dis
couraged lot, and evidence that this is
the fix many are in just at present was
shown in the Wednesday market, when
the supply of medium and pretty good
yearlings was largest in many months,
having been forced marketward be-
cause of the unfavorable situation in
the country.
Most of the fat cows changed hands
during the week at $4.50@550, with a
meuIum class at s3.7594.25. There We're
not many desirable cows that sold be-
low 81.
Choice heifers We're sought for Gag
erly and are not much lower for the
week, a good many selling at $500
6.25. They suit buyers better than any
other kind of butcher stock.
In the Gamer and cutter departm
ing the week. Receipts were very thin
, in the Gamer section and most of the
sales We're made at s2.50@275, and a
few inferior cows at s225@2.40. The
. bulk of the cutter stock sold at sag
$50
Bull values held up very we'll all
week and the demand was generally
strong for that class of stock. Good ia,
: butcher bulls were taken freely al
= s4.50@5.25, with a few superior bulls
, up to $3.50. The bulk of the bolognas
, sold readily at s4@425. Thin light
bulls were rather hard to dispose of.
, Hogs.
Prices ruled about higher, on the
bulk Of mixed hogs, on active demand
> from shippers and scalpers at the OPP
!, ening. Good hogs did not share in the
) advance to the extent that ordinary
, mixed stuff did, however even tho
: they were bought up at stronger
4 prices than could have been obtained
on the previous market. Hogs re-
tanned their strength till the bulk o.
the days receipts were sold. Only
Z about 5000 We're left unsild. There has
= been a slow, steady gain in the hog
. market during the week. On the clos.
. ing day last week, tops sold at 7.3O
:. compared with 1924 today
The run this week has been yer,
I, light, due to muddy roads, especial.
in Iowa, and shippers have taken
10 large slice of the crop. Bearish senti
a ment and intention is pronounced i,
. packing circles, and if more hogs ge
70 here next week they will undoubtedl,
- take something off.
: Most traders are looking for compar
10 atively small receipts for some tim
to come, however, and with anythin,
like decent shipping orders they ex
pect prices to hold UP fairly strong.
:. Sheep.
The sheep trade today was fairly ac
J. tive, and all stuff sold at steady fig
l. ures. Live muttons fluctuated over
is range of about 20 cents on woolet
ot stuff, and IS cents on clipped shee,
l. and lambs, while shorn muttons wer
d. off 20 cents from the values obtain
A. able earlier in the week
ii The week has been a disastrous on
III for shorn lambs, which have had 2
1s G50c decline. On Monday the marke
in held about steady, Tuesday it wa
id sticky and on Wednesday trade o
n clipped lambs went to pieces. Thursda
ed there was some improvement in re
Spouse to light supply and the re
pairing process was in further evidenc
yesterday.
IT. A year ago large percentage of til
l." good wooled lambs sold at S7.5O@7.6
a with the top at $40 The bulk of tt
bot clipped lambs sold at $6.75@7, with tt
" top for the week at $7.05. Choie
nd wethers of an exceptional class sold :
I'd $3.50, but the legitimate top was $6.2
nv Not many sheep sold above Sc. TT
no first Texas sheep of the season arrive
in They sold at s5.40@5.5o. The bulk
the ewes sold at s5@55O
Tor