Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-09-13
BREAK N LIVESTOCK
All Branches of the Trade suf-
fered Decline In the
Prices Today
CATTLE RECEIPTS EXCESSIVE
Native Beef Steers Sold 25 Cents Low
=. ..L Met caIee Were liz RI 20
CATTLE RECEIPTS EXCESSIVE
Native Beef Steers Sold 25 Cents Low
err and Most Sales Were is to 20
Cents Below Yesterdays Best Time
Too Many Heavy Hogs Were
offered-Sheep Lower.

Chicago, Sept. l3.-Inere were ser
ious breaks in all branches of the live
stock trade today arrivals of both cat
tie and sheep proving excessive and
the meagre run of hogs offering more
heavy packing hogs than We're need
ed. as BUYERS were anticipating more
liberal receipts than have been here
recently. Western range cattle We're in
relatively small supply, and sold strong
to 10 higher but bids for native beef
steers late were a big % lower and
most sales were made l5@20 below
Yesterdays best time. Cows We're
slow sale. calves alone selling freely
at steady prices.
Late cattle trade yesterday ruled
very weak, the demand from exporters
and shippers being small, and local
buyers anticipating heavy run i'll
the middle days of the week. were de-
termined to place values on lower
scale. Most lots had had to sell 10
@15c lower than the early range, and
some offerings were met with bids of
a quarter decline. Selling ruled very
slow after II o'clock, and at the close
quite number of steers were left in
the pens. Principal call all day was
for handy weight steers of good qual-
ity, and these We're quite ready sellers
turnout, but buyers seemed to have
few orders for the big heavy grades
even of choice quality, and such kinds
were slow sale. The general demand
was not up to expectations, in view OF
the moderate run, tho there seems fair
prospects for "five-day market" this
week, and should receipts in later days
be spread out it is expected that the
demand will rule sufficiently broad to
clear offerings at fair prices. Buyers
have expressed willingness for more
equally distributed cattle offerings, and
now that the strike is settled and many
of the old men are back at work, it is
the packers intention to operate their
plants full time, if receipts can be dis
tributed SO as to enable fairly liberal
purchases on each of the first five days
of the week.
Hogs.
Choice hogs sold early steady, but
later sales of heavy were as much as
Is % 20 off from best time here early
yesterday.
The fact, however, that prices late
ly have been SO very low for the bulk
of hogs in the country has no doubt
been the reason for yesterdays small
supply. The late advances in values
have been mainly on the light and de-
sirable medium weight hogs, which
are not overly plentiful and are in de-
mand thruout the country. For weeks
and months past there has been so lit
tie outlet for heavy packing and gras>
sy mixed hogs that prices for these
have been far out of line, compared
with values on the few choice handy |
weights that were coming to market.
AS a result, country buyers, altho
they knew the strike was settled, dill !
not dare the latter part of last week |
to offer prices that would induce farm
ers to sell coarse heavy sows and COM
mon mixed packing lots.
With the resumption of business by |
all the packing interests the market
today was fairly active and 10c higher |
and the advance was rather more on
the under grades that have been so
badly neglected for some time.
The extremely wide range in prices
between choice !: light and medium
weights and common heavy packers
had been SO great that it was per-
fectly evident that prices for tops
would have to be leveled down or VAL
ues on the common and medium kinds
leveled up.
Sheep.
Sheep and fat lambs sold steady at I
the start, but later prices for native
lambs We're returned 1925.