Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-03-19
CATTLE DEMAND POOR
PRICES CLOSING WEEK is AT Is
LOWER ON THE BULK
OF STEERS.
HOG PRICES STRONG EARLY,
BUT CLOSE WAS WEAK
Shippers and Packers Were All Bear
ishIy Inclined, and Considerable
Number of Offerings Were Left Over
Sheep Market Prices Show Little
Change.

| chicago, March l9.-CaLlleneiu
steady. there was but little demand cor
either steers or butcher stuff The run
was very meagre, and of rather poor
quality. Prices close the week about
15@25c lower on the bulk of steers,
Saturdays prices. Butcher cattle are
little changed, save for common sorts,
which are slightly lower.
! The trade has been too heavily sup
piled this week to afford sellers hold
ing prices to the high levels current a
week ago. Buyers have been awaiting
an opportunity to depress the recently
elevated prices, and this week they
have pounded the market more Sc
verify than in the past month. Previous
to week ago the trade for heavy
beeves had keen edge, but the higher
prices, together with the bad condi-
ton of feed lots, have stimulated too
liberal marketing and buyers were
thus given the opportunity they have
long waited to smash the prices hard.
The price-leveling process of buyers
has proven successful all along the
line and for the cheaper grades of
steers practically all of the early
month advance has been wiped out, all
tho the heavy, good to choice steers
are still largely 15@25c higher than
low time few weeks ago.
Four days receipts this week have
been $500 against $1,000 week ago
and 50,4SS a year ago. The trade gen
orally looks forward to q cut in the
receipts at the start next week. Late
lower prices are bound to have the
effect of checking shipping enthusi-
asm, say the sellers, and their hopes
are keyed up by the expectancy OF a
fair demand again and probable re-
covery of part of the late slump.
Hogs.
Where sellers are able to find buyers
from among the spectators early, they
were able to secure prices strong to
a shade higher Shippers and packers
We're bearish, and the close was weak,
with considerable number left over.
Supply considered, the market has
acted well, for which liberal shipping
demand has been largely responsible.
Buying interests figure that the &C..
tion of the market will keep hogs
coming right along, as prices are syt-
tractive. March receipts to date are
only $4,000 less than a year ago, while
prices are 50 higher.
Sheep.
There was little doing and prices
show practically no change from yes
terday. Offerings ran largely to lambs,
packers taking this class quite readily.
Shippers have taken close To 100000
head this week or about twice as
many as last week. DeadNmutton trade
in the east is reported in anything but
healthy condition, but buyers of live
stuff in that quarter appear to be will
ing to take a chance on the future.
1t is a fact beyond dispute that had
the volume of shipping trade this week
been materially less, prices would
have been decidedly lower, as supply
has been heavy, the four-day run being
about 10000 more than last year. while
March receipts to date show an in
crease of $4,000, on the same basis of
comparison. Considering supply, the
market has acted decidedly well.