Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-09-15
CATTLE ABOUT STEADY
The Market Was Slow and Weak
EARLY But improvement
Was Noticed Later
BULK OF HOGS A TRlFLE HIGHER
The Best Hogs Sold at About S6.o7la
and Best Cattle at se.o5--Thcre Was
A Good Tone to the Sheep Trade and
Prices Were About 10 Cents Higher
Market Gossip.

Chicago. Sept. 15.--Both cattle and
sheep went more slowly today and
there was some evidence OF weakness
in each. but the bulk of cattle sold
after some delay at steady prices.
Receipts yesterday We're $500 larger
than a week ago. but 1000 smaller than
arrivals a wear ago land 1900 less than
came two years ago. The supply i'm
the first half of this week totals 1870
against 2S.650 week ago, 70,317 in the
same period a year ago, ana h1,21l two
years ago. The increase of $4,000 noted
I'm receipts thus far this week compared
with a week ago has not been needed
to fill the demand. and until there is
a generally broader outlet for meats,
traders say country shippers should not
market stock in such liberal volume.
While strictly choice beeyes are meet
ing fair sale and prices for top kinds
rule generally steady with late last
week. the good to choice fat beeves,
such as sell at s5.o5 15.65. are not meet
ing very broad outlet. During the strike
consumption Of the palmer and cheap
err meats was a necessity to the general
public, the high prices charged for 9TH
err kinds forcing larger buying of the
medium cuts, and until prices again
reach a more even level cuts from the
fair to medium native and range steers
will likely sell to best advantage.
Hogs.
The bulk of hogs went at "a above
Yesterdays prices, though the late
market was weak with prices big
cent off. Best hogs sold at 6.0T1a and
best cattle on the early market at sos.
Receipts Of hogs yesterday We're
much lighter than the trade generally
expected. Quality was fair, prices gen..
orally unevenly higher Tuesdays de-
cline being fully regained on all kinds
with q few fancy light and butcher
weights selling cents above the late
high point. Packers seemed reluctant
to pay top prices, and acted as If they
We're trying to bring about a narrower
range of values. They were willing
to pay $1,000 @5.7o' for fair grade of
hogs and We're not anxious to pay any
more for stock of much better quality.
We are within a half month of the
opening of the winter packing season,
at which time packers usually expect
to have liberal supplies and also have
prices down to basis that justiiies
them putting meats away In the store
houses for future use. 1t is generally
believed that the supply of hogs is
exceedingly small and that 1t would be
practically impossible to get anything
like a normal packing season run OF
hogs until after the new corn crop is
converted into live pork.
Sheep.
The sheep trade had a good tone for
all native stock, though some of the
western rangers went more slowly and
a point lower than yesterday. Native
lambs gained 1905 and fat western
lambs sold strong to 10 higher.
Feeding grades of western lambs
have been in urgent demand, with buy
ers standing ready for everything offer
ed that was Of desirable quality. Sales
of the good to choice feeders yesterday
were mostly at $4.60@4.75, with plain
er and lighter class of feeders selling
down around $3.50 and the little thin
tail-end lambs as low as $500. Moth
ing of a desirable class in feeding lambs
can be bought below $3.50 and the lots
at that figure are of class that many
feeders do not desire. Some very fancy
rs pound lambs, which traders consid-
cred the most desirable lambs that have
been offered here in weeks sold yester-
day morning at $500, against $685. as
top price paid here Tuesday.
A band of 95-pound Dakota breeding
ewes were taken for eastern account
yesterday at $4.20. They We're yearlings.
twos and threes, blackfaced and very
choice. The demand for breeding eWes
of quality was urgent, $500 being freely
paid.