Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-03-01
STRENGTH N CA11LE
Greatest Advance in That Mar
ket, Was in Prime and
Choice Steers
HOGS RALLY FROM WEAKNESS
Averaged Five Lower at the Opening,
But Demand Growing Better, tho
Market Was Comparatively satisfac-
tory at the cIose-sheep Steady, But
Lambs Averaged Lower.

Chicago, March 1.-Cattle wer
strong, the greatest advances being il
prime and choice steers, demand from
shippers and importers causing inn
provenent. Under-grade steers, and thu
bulk OF medium stuff sold fully steady
Butcher cattle We're in fair demand
with inquiry we'll distributed
| Demand for beef is not SO good as
before the first Of the year, and pros
poets are not very encouraging The
unusually light receipts have resulted
in putting values back on the basis
of two weeks ago. Muddy roads were
probably responsible for some of the
falling off in the receipts last week,
but most of it was due to the bad con-
dition Of the market. Shippers and
exporters We're operating lightly all
week and there is no indication that
they will do any more business this
week. A good many letters were sent
out quoting an advance of CSC over
the previous weeks prices, but advis-
ing the country to be cautious and not
oversupply the market which is sem
sitive TO 'burdensome receipts at the
present time.
The boost the cattle market received
was due mainly to the Shortage in re-
ceipts. Many look for small receipts
this week on account of the muddy
roads Top last week was 81, against
Sc year ago. A fairly good propor-
ton of the good to choice steers sold
at $6.50Q7, with most of THE shipping
at S5.75@6.40. and the killers largely
at $5.25@5.75. Competition from feed
any weight from selling below So.
Bull prices are largely 10@15 cents
higher than a week ago, chiefly for the
good to choice butcher and export
bulls. Bolognas have not changed
much, for they were already high in
proportion to the way the fat bulls
were selling. Bolognas are quotable at
$685. "a, and the fat bulls at $425@5.
Hogs.
Hogs were about &c lower on an av-
erage, at the opening, and there was
much weakness displayed, but demand
grew better, and the market closed
comparatively satisfactory, considering
that receipts ran close to 10000. Ship
pers' orders were exceptionally active.
Barring Christmas week there has
been only one week in nearly five
months when fewer hogs We're received
at the Chicago stock yards than ar
rived last week. The total at 14S,O00
stood 1920 under previous week and
$4,000 under the corresponding week
a year ago, being $4,000 below the gem
eral aveyage for the corresponding
week Outing the past ten years. To-
gether with the falling off in numbers
the average weight Of arrivals was
about the lightest on record for this
time OF the year. The weeks average
was estimated at 2O3 pounds, against
2O5 pounds the previous week, PIP
pounds a year ago, 226 pounds two
years ago and ZIG pounds for the gen
eral average for the corresponding
week during the past ten years.
The failing off in receipts and the
light weight of the offerings, together
with big eastern shipping demand
kept the market strong all week, the
average price for the week being same
rs previous week, or 36.37, standing
1876 above the corresponding week last
year, 81 cents lower than two years ago
and 46 cents higher than the general
average of the corresponding week
during the past eight years.
The months receipts of hogs at the
stock yards will total around
;sS,O0O, or 1S0,500 less than arrived in
February, 1905. Combined receipts for
January and February of this year will |
.otal about 100000, showing a de-
crease of 472,7O0 compared with first |
Two months of 1908.
Sheep.
Sheep were steady, and lambs were
weak, demand for the latter being
'ather slow, at prices averaging 10c
over than Saturday.
Receipts for the month totaled !
lround 100000, against 2s1,633 in Feb
'uary, 1908 Arrivals the first two
months this year footed $4,000, against
'S5,963 corresponding time last year.
This fall loft in supplies has had a ten
lency to cause prices to turn upward
md closing values this month are close
o best point of this year.