Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-11-25
Too Many Cattle Are Being
Marketed and Prices Are
Kept on Down Grade
GOOD FAT BEEvEs IN DEMAND
Common and Medium Kinds Were Slow
Sellers at 10 Cents Lower Prices To-
day = Hogs Were in Good Demand
at S to 10 Cents Better Prices Today
Best Sheep 10 to is Cents Higher.

Chicago, Nov. 25.-Cattle-Too many
cattle are being marketed. While good
fat beeves sold satisfactorily today
and weak to ten lower.
Hogs-There was a good supply to-
to ten higher.
Yesterday the packers simply held
out and waited until along toward the
middle of the forenoon. while shipping
and butcher buyers Went slowly and
bid 10W15 cents under cost of their
kinds Monday, finally getting their
hogs on basis of this decline. When
the packers got into action it was on
{, basis of the 10M15-cent decline, with
a tendency to further weakening be-
fore the close. AT the new Chicago
level of hog prices shippers are unable
to pay more than 31a@3% cents in the
country If they expect to get out whole
and the existing conundrum is what
the grower will do under the circum-
stances.
The slump of the past ten days has
been sharper than expected. Many
who were skeptical of packers ability
to put the market on d Accent basis
have changed their opinion. The coun-
try has accelerated the movement
by liberal marketing and packing in
terests have had practically no oppo-
sition In carrying on their bear cam
paign.
1T is now up to the country whether
heavy receipts are to continue or the
stock be held back and finished" said
one Of the talent. Lately, there has
nisnt and for the first time this winter
Chicago Is getting more hogs than a
year ago. Monday and Tuesdays run
this week was 10000, against $4,000 4
year ago. The grower has had a mui-
tipliclty of reasons for unloading.
among them being tight money. lack
of cattle on feed for hogs to follow. an
anxiety to cash In before the market
struck bottom. and in many cases a
scarcity of corn. There Is a prejudice
in the country, however, against taxi
INK less Ludu Z GClitS d1lA az q II SCiilS
the shipper is likely to experience
trouble in making purchases. For my
self, If had the stock and feed and the
hogs were In good, healthy condition,
I'd rather hold until later on and make
them heavy. The added weight viii.
more than pay for the corn and there
Is always the prospect of recovery in
values OF course. no sharp advance is
likely. but the demand for fresh pork
Is so urgent that any contraction in
supply is bound to appreciate values.
and every hog marketed now is one
less 10 come later on"
Sheep--Best sheep were, 10 at 10
higher Receipts the first half OF the
week-Cattle, 66,s00; Hogs, 123.60o;
sheep, 31,S0O.
Last week-Cattle, $4,000; hogs, no.
200: sheep. $4,000.
Shipping short-fed western sheep
and lambs to market at this juncture is
not good policy. Feeders who have
tried the experiment have found It
costly and unsatisfactory. Stock that
has been in the feed lot thirty to sixty
Gays is obviously not finished suffi-
GENTLY for the killer Some time Is
needed to get it on full feed and COM
,pensate for the shortage caused by
dipping and transportation. The only
grades that sell readily are stuff killers
want, and they never display urgent
necessity for the habitat kinds.
At this season the market is always
overloaded with the tail end of the
range supply with which those short
feds necessarily compete. Thirty days
hence this handicap will be removed.
Some sheep feeders will make money
this year. others will lose, and in the
last mentioned coterie will be the bulk
of those who market short-fed stock.