Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-12-09

Chicago, Dec. 9.--Cattle--Most of to-
days receipts were common in quality
and sold at the recent decline. The few
good lots offered sold at firm prices
with n good demand. Undesirable
steers are 1925 cents lower than last
week, while the best cattle are scarce
and 1896 higher.
Cows and heifers average about ~
lower, and the stocker and feeder trade
was moderate, with prices 1O015 cents
lower.
The extreme range Of prices Is the
widest known in years. and only those
feeders who have had confidence in the
stability of the demand and fattened
their holdings before shipping have
reaped the benefits Of the strong In
quiry ruling the trade for good steers
Feeders who have continued to ship In
the common and half fat steers have
only seen these sink lower in the past
few weeks. while the top grades have
advanced quite sharply. Still the COM
mon kinds are forced to market, des-
pite the fact that corn supplies have
been liberal In all sections, and wealth.
er conditions favorable for conducting
feeding operations.
Farmers who are now cashing cat
tie that are shy Of good beef proper
ties, but possessing desirable killing
qualities, will In the not far future be
wondering how In the world they could
have been so short-sighted," suggested
salesman, In deprecatinE the large
proportion Of such offerings in receipts
here Of lots. 81
The supply was liberal and demand
active. Prices were strong to a trifie
higher with bulk sales 4.30@445.
Strengthening interests while palpably
in need OF hogs are satisfied that there
is an abundance in the country. Or
this subject there Is a decided unanim-
ity OF opinion in buying circles. The
rapid swelling Of the marketWard
movement during the past two weeks
is calculated to give weight to the ar
gument.
This Is evidently to be a season Of
cheap hogs and 1t is logical. High av-
erage prices in recent years have
greatly stimulated productions; por-
cine health has been uniformly good
and corn is OF such quality that 1t has
been fed without restraint.
The recent drop has put packers IN
position where they can cut hogs In
to product profitably. Experts figure a
profit OF so cents to 81 per head IN ma
king regular product at present. 1t is
a,,danflv that growers must not del
uge markets with stock If the present
level OF prices is to be maintained.
Sheep.
sheep-There has been a great boom
In sheep and lambs this week OWING
to the extremely small supplies and
strong demand Today prices were
stronger than ever with prime FED
yearling wethers selling at furtnei
advance Of is cents. Lambs are ~
lively demand. J.
feature Of the run this week Is
the receipt Of a large number OF west
ems right of grass, the present mar
ket showing a good profit and FEEDERS
being inclined to take 1t.
A TOP was made yesterday on choice
native lambs at $3.50. and altho an out
side killer paid 1t, confidence was ex'
pressed in trade circles that 81 lambs
will materialize' before long. Fed ives
tern lambs made 1925, but more woult
have been paid for the right kind
most Of the fed stuff arriving this weei
being entitled to that designation onl.
by courtesy, as they have seen bu
little grain.