Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-02-05
STEERS IS TO so BETTER THAN
LAST WEEK; BUTCHERS
MADE SHARP GAINS.
DECREASED RECEIPTS ONLY
REASON WEEKS ADVANCES
Hogs 5 to 10 Higher Than Low Time
Yesterday-Hard to Keep Pace With
Weeks Upshoot of Sheep Prices
Top $3.50 and General Market SO to
rs Above Week Ago.

Chicago, Feb. 5.-The great bulk of
cattle were boosted to higher levels
than those of last week. Steers finish
ed 25 to so cents better. Butcher cattle
also made sharp gains. Prices today
were nominally steady. Decreased re-
ceipts is the only reason for the sharp
advances this week.
Cut in receipts from week ago and
absence of the radicalism in public
protest against high retail beef prices
have been the stimula ting factors in
the trade. Beef market was boosted
up little in New York yesterday, an
indicat ton of more favorable condi-
tons east, while in the local trade
there has been less of choked outlet
for meats, which has helped to in
crease buying interests. Receipts in five
days this week total only 1880,
against 63,794 a week ago, and 55,O65 a
year ago. while of this volume ship
ping interests have taken 26,100, or
within 500 of the number week ago,
which gives indication of the breadth
Of shipping competition in recent
days.
Next Wednesday will begin the Len
ten season, and the trade is looking
ahead to some little pearish influence
as probable 10 result from the Lenten
bugaboo. With Lent and the beef boy
colt" factors working against healthy
general market, il will require con-
sentative action on country shippers
part, say the traders, if prices are to
be held at present levels. Buyers would
welcome a heavy run next week as a
means of enabling them TO smash the
prices, but the railroads poor car serv-
-
receipts just now.
Hogs.
The hog market was to 10 cents
higher than the low time of yesterday.
Eastern demand exhibits some i'm
provement This will be the price
making factor little while hence, but
it has been very deficient recently.
However, shipping trade is picking up
in very encouraging fashion. Thurs
day buyers on that account took near
ly 5000, and last weeks purchases have
been doubled this week, altho the east
ern movement is still 80 per cent less
than year ago.
The big run this week has no par
ticular significance. 1t merely means
that a lot of held-back stock is show
ing up. The accumulation has been
due TO various causes, the chief being
bad weather and the switchmen's
strike, a combination that has badly
demoralized railroad service and lost
live stock shippers a pretty penny.
Incoming shippers assert that III many
localities the marketward movement Is
two weeks behind schedule.
Provision bulls are not disconnected
over the break in product and the big
run of hogs. Synpat thy with the break
in stocks is alleged, and they argue
that the fact that provision stocks are
low is unalterable. The meat boycott
is no longer a factor, if it ever was.
Altho the stocks show a small increase
for the month, they are much lighter
than those Of year ago, and the
worlds stock of lard shows the small
est increase for the month Of January
in the history Of the trade.
Sheep.
Sheep and lambs shot up so rapidly
this week that it was impossible to
keep pace with them. The top was
$500 The general market is so to rs
cents higher than a week ago. Sheep
are also higher.