Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-09-12
|CA1NE TRADE AC1|VE
Prices We're Steady For Most
Grades and Export Demand
Ruled Active
PRICES OF HOGS ADVANCED
Receints Mere Smaller Than Exnacted
PRICES OF HOGS ADVANCED
Receipts Were Smaller Than Expected
and Values Rose RapidIy-The Gen
eral Market Ruled 10 Cents Up
With Many Lots Showing Greater
Advance.

Chicago, Sept. 12.-Cattle-The gem
steady prices, and few choice handy
weight steers sold at 10 higher. East
ern and export demand ruled fairly ac-
tice tho medium and common grades
were in slow demand.
General trade in all but big heavy
steers of plain quality, and also med
ium light weights, ruled quite active
during the past week and traders be-
leve that the desirable grades will rule
good sale in the near future, unless a
big supply of such classes is forced
upon the market, this week as a result
of the resumption of activities in To-
cal packing and smaller slaughtering
houses. The smaller concerns have
again come into the trade and will
be in shape to handle normal VOL
ume of stock, while the eastern de-
mand should also broaden, though low
er prices in foreign markets have held
export orders away, and, until values
for meats across the water again.
strengthen, export buying will likely
rule small.
A general opinion prevails in cattle
market circles that settlement of the
strike will have the effect of starting
big runs and cause a reaction in prices.
While the unexpected has a fashion
of happening, the logic of the situa-
ton is that a lot of held-back native
stuff will now be rushed forward ana
any glut of common to medium grades
will inevitably start a decline, as
plenty of westerners are in sight. The
future of choice corn fed cattle is not
so much a matter Of doubt as the avail
ard owners of that stuff will doubt
less market 1t in quantities light
enough to hold values.
Hogs.
Receipts were considerably smaller
than expected and values rose rapidly.
The top was COS for light weight, be-
Ing the highest paid here since last
October. The general market ruled 10
higher, with many medium and heavy
grades is above Saturdays gain, while
some lots showed 20 advance over the
low points that day. There was but a
small number of undesirable grades
left in the pens at the close.
While the hog prices are not quite as
high as a year ago and look very low,
compared with two years ago, they
are not so bad, compared with a top
price of $500 on best heavy and $3.50
on fancy light during the next to the
last presidential year.
Prices Of provisions are either too
low or prices of hogs are too high on
the present basis, and some sort of
better adjustment is necessary
Average weights Of hogs are run
ming heavier than a while ago, but are
only a little higher than at this time
last year. Considering the fact that
market reports and private advices
have all been urging people to hold
back the heavy hogs would seem to
indicate that under normal conditions
hog weights would now be consider
ably heavier than a year ago, not
withstanding the fact that corn has
been high priced.
Sheep.
The market was a keen and strong
one for all choice fat stock and prices
We're up to the good range noticed late
last week.