Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-11-21
Recent Slump In Prices Failed
to Check the Rush of 4.
Cattle to Market
TRADE WAS SLOW IN OPENING
Most Kinds Were 10 Cents Lower,
Cows and Heifers in Fair Demand
and stockers and Feeders Fairly Ao-
tive-Demand for Hogs Was at
Prices Cents Lower-shecp Ac.
tive.

Chicago, Nov. 21.-The recent slump
in prices failed to check the rush of
cattle to market, receipts today being
larger than last Monday. Trade was
slow in opening, and prices were weak.
largely 10 lower, with natives and fed
western steers selling at $3.SO@6.00.
Cows and heifers were In fair demand.
Stockers and feeders were fairly ac-
tive.
The drubbing administered to prices
in the past two weeks now calls for 4
greatly reduced volume OF offerings IN
the near future. With continued liberal
luus there is nothing in trade at pres
ent which indicates better range OF
values, and traders are urging owners
of cati,e TO hold them at home rather
than flood the market at this time,
when beef markets are glutted with
offerings and the larger consumption
OF poultry is Affecting sales of beef.
1t is not believed by traders that the
volume of cattle being fed for later
months this season is heavy, and with
the .,ig crop Of corn now ready for use
feeders should take advantage of this
considerably bettered situation and
feed for later markets. rather than
crowd offerings onto trade in the near
future. The money market has been
easier since the national election is
over and there can be no excuse for
disposing of holdings for want of funds
to care for them until Il later date.
Banks in nearly all sections are willing
loaners at present, and the future of
the market will be more remunerattve
to cattle owners than IL trade in the
near future is continually flooded with
offerings. The general prosperity of
the country warrants the prediction,
say traders, that demand for beef will
grow to larger proportions in the vim
ter months rather than decrease, and
while the poultry season is at present
affecting consumptive outlet for meats,
with the end of the turkey days" cat
tie should be in much better demand.
and shortage of supplies then due
to the overgrown runs of late will
mean higher prices, which comparativ-
ely few will be able to realize unless
the quitting of receipts is soon check
ed.
Until general conditions in the east
assume better state and foreign pric-
es react from the low level now current
there will likely be relatively small
inquiry for meats from those sources,
while the near approach of the inter-
national livestock exposition will cause
some interference with trade next week
and q big run cannot possibly meet any
but another weak and Indifferent out
let.
Hogs.
Receipts were larger than ever. the
aggregate supply today being extreme-
ly liberal. General demand was active
and prices steady to lower, with bulk
OF sales at s4.60@4.70.
Receipts last week totaled upward of
100000, standing the largest run since
the week ending April last, and
traders anticipate a continued liberal
movement of hogs during the winter
months, while the general feeling as
regards future prices favors a contin-
ued low range. The average cost price
of hogs Saturday was SAT-, the low
est of the week. while standing 19c
under the average price a week ago
the same day.
Sheep.
The market was fairly active, prices
ruling steady with a good demand for
lambs.
Demand for feeding stock is still
strong for everything of a thrifty class
and at prices the best of the season. a
good class of feeding ewes selling at
$3.15@3.25 Saturday and wethers most
-ly at $4.OO@4.25, all fit to feed on ex-
port account going readily at $4.15@
4.25.