Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-03-08
SLOWEST EARLY MARKET Ex
PERIENcED IN MONTHS, DUE
TO GREAT RECEIPTS.
LARGE STEER DEMAND
DAYS MARKET FEATURE
Lower Prices Prevail For Bulk Of Sales,
But Better Grades Are About Steady
After Slow Opening Lamb and
Sheep Prices Are Boosted BY Re-
newsd Activity.

chicago, March S.-Demand Tor nOSS
was slow, and prices were weak. SO
very much weaker in fact that it was
almost impossible to quote prices early
An occasional inquiry from shippers
was evident. Where sales were made
they We're at values 10 to Is cents lower.
1t as the slowest early market expert
enced in long time. The run was
too heavy to get scalpers to get into
the market as they have done for so
long. set the pace and then see the
packers pull the values away from UNI
der them. Late trade held about the
level established early In the day with
packers willing to buy at the prevail
ing prices to a cent in advance.
Shippers took 10.453 hogs Monday
out of a total Of $500 and were good
factors in sustaining prices. Without
the benefit of that stout prop. pack
ers would have taken more tuck out
OF the market. Prices will depend
largely on supply and shipping demand
during the spring season.
Combined receipts Of hogs at eleven
markets Tuesday totaled $4,000. or 5000
less than a week ago. $1,000 more than
year ago and 1900 less than CORE
, spending Tuesday two years ago. Chi
cago had 1000 more than . year ago.
Omaha received 5000 less than week
ago. st. Louis had 1000 more than
week ago and $500 more than year ago.
ST. Joseph received 5000 less than
. week ago. Sioux City had 1900 less
| than week ago. ST. Paul received LOO
less than week ago. Pittsburg had
1900 less than year ago. Total thus
far this week 10000. or $1,000 less than
same time hast week. $4,000 more than
like period last year, but $1,000 less
than corresponding two days two years
$4,000 more than same period Of 1910
and $4,000 less than corresponding
period two years ago.
Cattle.
Cattle sold at lower prices on the
bulk Of stuff. the better Grades Of
steers being about steady. the medium
and commons about 10 cents lower,
and the butcher stuff close to the price
Of yesterday. The feature OF the mar
ket was the demand for heavy steers.
Much heavier receipts at Chicago or
in the west would be the signal for
price declines and the fact that on the
! crop which has been at hand sellers
have scored largely 1oc price gain over
the close last week Is suggestive Of the
benefit Of moderate receipts rather
than any renewed strength In tho de-
mands. Shippers are taking only .
moderate quota Of supplies. but It IL
their call which affords chief strength
in prices. since local interests, finding
beef outlet continuing short. are doing
business on like scale. content to
carry only small beef stocks.
Quality is coming into Its own. for
reason that supply Is running shy OF
the liberal proportion OF choice beeves
; which featured the trade few weeks
back Thus far this week high quality
handy weight steers have formed q
short quota OF supplies and the higher
selling OF that class as against largely
a steady basis for warmed up kinds IS
evidence OF relatively better strength
in beef demand for the best cuts.
Yearlings, of course, command q
market for their own. and especially
| he prime grades. Mondays sale Of a
load of 1155 ID Iowa yearlipgs at 37.35
standing 45c higher than best price for
heavies, simply put a premium on
fancy stun which the buyers claim has
been nominally quotable for some time
past, and the only reason more Of that
sort OF prices were not established was
the fact that the country has been
practically depleted of fancy yearlings.
This sort Of beef meets a brisk demand
at almost any old price. but the high
quality heavy steers unfortunately have
not found relatively same outlet this
season.
Sheep.
Both sheep and lambs were rather
slow early, the sheep sold better than
lambs. The market became stronger
ltaer and some activity developed 50
that final quotations were about 10
cents above the opening and about
steady with the close Of the preceding
day.
The strength shown in the sheep
trade Monday and Tuesday on top Of
the advance noted last week put this
end Of the trade back to about as high
basis as has been reached this sea-
son. Choice handyweiEht wooded weth-
ers. carrying a sprinkling OF 2year-
olds. sold up to $3.50, with some aver
aging al pounds reaching 3475. and
fairly good killing class going at
1855. Some clipped wethers made the
best figures Of the season, choice tidy
weighty selling up to 3425@4.35. A
few head Of clipped natiye wethers
reached 1850 Yearlingsaof a toppy
light class were absent. Good ones.
in the fleece, sold at 1925 and clipped
Colorado yearlinss Of % pounds made
$4.75 as on yesterday.
Chicago Livestock.
Chicago, March 8.-cattle-Estimat.
ed receipts for today. 1900: market
opened steady for light.