Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-04-17
Cattle CLOSE STEADY
ONLY THE WEIeHTY CLASSES
SEEM TO HAVE LOST GROUND.
THIS WEEK..
BULK OF HOG RECEIPTS
HOLD GOOD GAINS MADE
A Few Common Hogs Disposed Of at
Slightly Weaker Figures, Late in
Sesson-Receipts Measre, and Ship
ping Demand Was ExcelIent-Liaht
Receipts Limit Trade in Sharp Mar
ket.

0nlcago, April 1I.-Cattle We're NOM
inally steady, there being no market
Steers close on steady to strong levels,
except for the weighty classes, which
have lost ground this week Butcher
stock is fully as high as last. Satur-
day.
Not alone are the depressed business
conditions a dull factor in the beef
market these days, but the retailers
demand for the same old high prices in
spite of the lower steer values proves
another check to a liberal constructive
demand
| In Chicago and likewise in the east
consumers claim that retailers contin-
ue to hold up the prices. The public
does not buy beef as freely as would
be the case were the prices lower. In
| consequence, the beef wholesalers find
a narrower outlet and in turn there is
the restricted demand in the cattle
market. Once conditions in the retail
trade change there should be an i'm
provement all around, but until there
| is change the cattle market is going
to get along rather poorly, claim the
| sellers, and there can not be much bet
ter prices than now rule, even tho the
country shall continue restricted ship
| ping operations.
The light and nice quality killers
were best sellers all this week, tho
these were still relatively cheaper than
the fat cows and heifers. Doubtless the
rather good tone in the trade for me-
dunn and lower priced steers was due
| TO the fact that she stock continues
high.
| Export inquiry affords only a fair
outlet for good weight steers and this
demand of late has been chiefly filled
on Monday. However. there was little
freer export outlet Wednesday. A
continuance of freer export competition
Mondays and Wednesdays could not
but help prove a little stimulus to the
trade.
Hogs.
| Hogs were TO 10 higher, on meagre
receipts. A few loads of common ho;/
late in the day, We're disposed of at
slightly weaker figures, but the bulk
held the gains, and shipping demand
was excellent. There was a large num-
be- of holdovers that We're not disposed
OF, and had to go over until Mondav.
Explanation of the slump in hog
market this week is in brief, prices had
ranged too high to suit the price of
pork IN the east, and shippers con-
/ GUIDED to get from under it. When that
4 support was Withdrawn, of course the
packers had things their own way and
| quickly reduced the trade to chaos.
! Eastern shippers have cut off their
demand for hogs. because prices adj
vanced to such a high point that they
could not sell the fresh pork for
enough TO make a profit. Reports from
several eastern points are to the effect
| that the demand for pork is insig.
nificant.
Sheep.
Sheep trade was limited, owing to
light receipts. Prices showed no change
from those prevailing yesterday.
Prime western wethers this week
| topped at $3.50, with extra good kinds
around $40 Desirable ewes made s.. *
a $50. a bred class $3.50, with Colora-
dos at s5.75, culls out at $3.50. Colorado
and western yearlings reached 1925.
Shorn wethers on the high spot reached
S5.lo, but the same class We're worth
but $3.50 on the close. Good lots were
/ at $685. $3.50 Wethers and yearlinss
mixed sold at s5.4O@6.0O. Prime ewes
made $50 with Gull to fairly good
kinds at s3.7544.75. Some yearlings
reached 1925
Small lots of native wethers ranged
at s6.5oG6.S5, with ewes at $3.50
6.25, bulk upward of 1915. Bucks sold
at s4.50d5 .65, bulk s5O0@ $50 shorn
wethers landed at s44o@5.75, but few
went above $3.50. Ewes reached $3.50
and inferior to extra good kinds made
s3.5eG5.25. Yearlings changed hands at
se.o0@6.25. Bucks sold at s3.50@4.75.
bulk s4.oO@4.5O.