Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-03-15
CLASS OF ANIMALS RANGING
FROM MEDIUM TO GOOD,
BROUGHT LOWER PRICES
HOGS CLOSE BELOW
BEST TIME SATURDAY
Opening Bids Were All Considerably
Lower, But Finish Was Somewhat
Better, With Packers Unable to Sc
cure Hogs at Fifteen Lower Bid
Sheep Close Steady.

extreme quality offerings in the stee
market, sold at about steady prices
but the class OF animals that ranged
from medium to good, were lower, tn
decline being 10@15, with a late weak
ness that indicated greater declines
Prime steers sold up to $7.35, and Tx
prices, were the sorts from 81 up. The
butcher cattle supply proved lighter
than the trade anticipated, and price.
ruled about steady.
There is a feeling among sellers that
not for six or more weeks will the mar
ket be again very heavily supplied with
cattle, the impression prevailing that
the trade has run into season of ligll,
receipts thru necessity, since reports
from many quarters show that the sup
| ply of marketable stock has dropped
quite low, and it will require several
weeks more of fielding before the coun-
| try will again be ready to give tbs
trade any very big dose of supplies
Until the runs grow there is a firm
belief that beef demands, however
small, as compared with other years at
this season, will still be broad enough
to afford sellers getting a good price
basis for all classes, and particularly
the choice to prime heavy grades. The
spread in prices between top and low
priced kinds has widened, but the cheap
ct; Nv,
good basis.
Hogs.
Opening bids were all 10 lower
Packers and buyers sat on the fence
and left the initial market to shippers
The market, however, did not have a
bad finish, the close being SOLO
lower than the best time Saturday,
while the packers were not able to Sc
cure hogs at their bid of Is lower.
Eastern shippers are again free buy
ers of hogs. Few are reaching cas-
ern markets and most of them are
pigs. When an eastern killer needs a
load of weighty hogs his only alterna.-
tive is the wiring of an order to Chi
cago. Even at the big market weight
is not present in profusion. Eastern de-
mand for hogs promises to be insiste1t
right along and the shorter supply is
at Chicago the more orders eastern
buyers exhibit. Corn has been so high
in the east that growers had even
more inducement to cash in at light
weights than. those in the west. At
present prices light hogs are decidedly
remunerative to eastern growers. Each
succeeding year the east draws on the
west for more hogs and when cat
tie are high this demand develops acute
The present good market fer
light hogs is due to eastern buying.
A year ago the market was strug'-
Cling, laboriously, toward a higher
level and the early appearance of the
scent hog was confidently predicted.
On the corresponding day last year
$465@4.75 took practically all the de- !
sirable stuff. u
Sheep.
Sheep opened dull and weak, but
closed steady to a shade lower.
Conditions turnout the east are
unfavorable with plenty of mutton
selling for 2@3c a pound less than one
week ago, caused by extremely heavy
receipts at eastern markets the past
Two weeks. Prospects, however, loo.l
better and it ,looks>as if receipts east |
would be lighter; at least, they are
lighter than they We're a year ago.
There were less eastern orders here
asst week Titan any time this year.
Traders look for this branch of the
market to improve. With better east
ern outlet demand would he broad
II even if prices were no higher.
Wool sheep have been scarce and
prices have worked to more legiti-
nate level compared with what lambs
ire realizing, as high as $6.25 being
,aid within the past week for heavy
sheep, altho few sold above $5.75. The
went of last week was the raid on
Tipped stuff Shorn lambs We're cut
rom 1928 to $3.50, and shorn sheep
rom 1925 to SIS. Buyers say there has
,een an adjustment at the packing
house on prices they are allowed fer
,elts. That wooded and shorn goods
AVE been selling too close together,
las been palpable to everybody in the
rade, and an adjustment was newt
ble sooner or later
Il