Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-09-16
FEN CATTLE TODAY
Supplies Excessive DuringWeek,
Causing Decline in Price
of Is to 35 Cents
PRICES UNCHANGED TODAY
Good General Demand For Hogs caus-
es Advance in Price of to 10 Cents
Sheep Market Prices Mostly Nom
inal at Yesterdays Figures - The
Weeks Receipts Given Out.

Chicago, Sept. 16.--Cattle-Today's
small receipts sold at unchanged prices.
Supplies have been excessive during
the past week, and prices have de-
clned 15@35, with farm fed steers
selling at 3.6Om4.25 for the poorer
class, and $50 and 6.35 for the best
lots, and with sales largely at 4.a0 and
500. The stocker and feeder trade has
been quite good. Western range cattle
have been active and cows and heifers
fairly so.
Tone of the trade for all but year
ling stock has been decidedly weak In
late days, and particularly for any cat
tie carrying much weight. Beef cool
ers are reported heavily loaded with
meats and slaughterers claim there is
not sufficient outlook for their holdings
to warrant continued big marketing
here next week.
Packers must be afforded an oppor-
tunity to work off much of their big
stocks of beef before demand can pos
sibly show material Improvement ana
native cattle shippers are being urged
to give the trade rest from Cutting
receipts and better distribution OF
moderate supplies for the Tuesday.
Thursday and Friday markets.
Chief depression in this weeks mar
ket was noted on Monday, when ex-
cessive supplies came, and since then
lower prices have resulted by reason of
clogged beef channels, due to the big
run at the start of this week. The
folly of overcrowding Mondays mar
ket has been demonstrated through the
big decline, and the Live Stock EX-
change five-day committee claims that
the remedy rests with shippers and
urges the owners Of native stock to
quit crowding the markets two days
of the week, and thus forcing badly
depressed conditions in the market.
Hogs.
There was a good general demand
and prices advanced and 10 cents.
Sales were largely at 5.25 and $50.
Shipping demand has fallen off this
week and this has been contributory
to the break. The movement in that
direction is 10000 less than last week
and slightly under the figures of the
same week last year.
The reaction Friday cannot be re-
garded as permanent. For several
weeks past routine has been follow
ed. heavy receipts early forcing
slumps, while reactions have followed
with contraction in supply. Next
weeks market is purely question Of
receipts. A light run early next week
will cause steadiness, but any appre-
citation will disappear when supply in
,ray,FJ xy
higher markets is held out by the
trade.
Hogs being cut into short ribs for
October delivery at present, said
provision expert, "are undoubtedly
making the packers good money but
it must not be forgotten that the big
hams from these hogs have to sell at
2@3 cents per pound discount from
the quotations for October hams. 1t
begins to look as If there would be a
shortage of mess pork and short rib
hogs during November and December.
Farmers are rushing in all their old
sows now, not waiting as they usually
do until November With pigs gener-
ally healthy there will not be many Of
them coming until after the holidays,
and look for a big gap between the
old sows and the spring pigs, and some
of these people who are selling Janu-
airy provisions short may have a
headache when they are buying them
back in November and December"
Sheep.
Todays market was unchanged with
meagre supply on sale, and prices
were mostly nominal at yesterdays
figures. The market has weakened
during the week, under greatly increas-
ed supplies, and ruled much lower for
the bulk of sheep and lambs. The
weeks receipts show the following:
Cattle-77.400; hogs, 122,S00; sheep,
10000
Last week-Cattle, es,soo; hogs, 49,
400; sheep, 117,400.