Evening times-Republican., 1909-05-29
No TRADE N CATTLE
USUAL WEEK END MARKET
WEEKS TRADE is GENERALLY
HIGHER.
HOG VALUES CLOSE ONLY
FIVE BELOW YESTERDAY
Market Opened Weak to Ten Lower,
But Firmer Tone Resulted From
More Liberal Outside orslers-No
Marked Change in Sheep Market
Quotations, But Trade Slow.

Chicago, May 2a.-Cattle-The mar
ket was the usual nominal. week end
affair, and none of the 500 head Of
fered exchanged hands. The weeks
trade generally is higher on all classes
With the possible exception of cheaper
grades of butcher cattle. on which
the market was uneven.
Recovery Of most of last weeks de-
slime has been rather easily accom-
plished this week under a light run,
and the trade looks forward to good
markets in the next few weeks Grow
ing shortage of fat steers is apparent
and with the outlook favoring contin-
ued light runs. sellers are accumplat-
ing a bullish spirit all around, with re-
spect to future markets.
The marketings in the west are fall
ing off, and with nearby territory pret-
y We'll combed of the good quality
steers there is little room for a bearish
attitude on the part of cattle holders.
pleasing circumstance in the trade
is the continued good consumptive de-
mand A month ago depressed indus
trial conditions in the east operated
against the steer market but since
then the east has bought beef more
freely, and even tho the retail prices
have remained high, there is still
broad consumptive demand. which
tends TO strengthen bullish confidence
Yearlings and the handy weight
steers continue best sellers because of
the preference for lighter cuts of beef
This week yearlings averaging less
/. ho, Ne oJe 4,
lot heifers) sold at 1925. and the other
lots of yearlings have gone at s6.S0GD
7o5. while top heavy steers also sold
at the same price. The top this week
was on a level with high point week
ago, against $3.50 year ago. while
bulk of sales have ranged on basis
steady to 25 cents higher than year
ago. the lower priced steers showing
the gain.
Hogs.
The market opened weak to 10 cents
lower on liberal receipts, but outside
orders becoming more liberal. firmer
tone set in at the close Values We're
only cents below those of yester-
day.
Evidence that corn planting is
about finished and that the hog feed
ers think present prices very good ones
is seen in the increased marketings this
week
Local supply in five days this week
| is about 10000 more than last week and
10000 more than year ago. Shippers
have taken about 1900 more than
1 then and have been an important fac
tor in making prices. The five-day
run at the principal western markets
| is $4,000 more than last week and 10,-
coo more than year ago.
| A year ago the top was s5571s. the
bulk going over at s5.4o@5.5o. Most
of the mixed sold at s5.40@5.45.
Sheep.
| There was no marked change in quo
/ tations, yet all prices We're hardly up
to the best level of the previous ses-
sion. Trade was slow, the quality be-
ing such as TO create little life among
buyers.
No shorn western wethers this week
sold above $3.50, while s6.5066.T5
bought fair to choice kinds. with culls
downward of $3.50 Ewes and wethers
mixed made s6.45, while Gull to good
yearlings. wethers and ewes topped al
$3.50, with a fair class around s5.85
Yearings reached 1856. and plain tc
good kinds went at s6.5o@725, with q
eve class a 1855.
High prices started many natives tc
market and more of them were Offered
than for many weeks. Ewes made III
biggest proportion and such lots ranged
at s3.00M $50, but bulk of fairly good Il
choice kinds sold at s6.2566.75. Weth
ers landed at 6.5o6700 and extra goot
kinds went at 1915 % $50 Odd year.
lings made s6.75@7.75 bulk upward o
s5.00@5.25.