Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-10-17
Market Receipts Were Too Lib
eral For Urgent Needs Of
the Trade
DECLINE IN PRICE OF HOGS
Market Opened Low and Grew Worse
as the Session Advanced = Break
of is to 25 i'm Past Two Days-In-
dications Today Pointed to Lower
Sheep Market.

Chicago, Oct. 17-Cattle receipts en-
tlrely too liberal for the urgent needs
of trade Only few sales were made
up to 10 O'Clock. and most OF them
looked nearly steady, but these few
sales seemed 10 exhaust the urgent
needs of the buyers. Values as shown
by initial sales, were weak.
The three principal roads reported
921 cars in sight for today, against SRI
last Tuesday, which indicates a larger
run than came last week. Those post
ed on range affairs say that a god
many cattle are on the way from the
northwest, which may help increase
the supply some. Receipts Tuesday
were not up 10 the general estimate,
as the western supply failed to fill oui
as expected. Choice cattle are meeting
with a strong demand at present ana
most of the traders do not look for tho
tide to turn soon. Eastern buyers have
been largely responsible for this up
ward fight on the choice steers and
do not hesitate to say that they could
use more prime steers than are COM
II,
beef is reliable.
Conditions in the COW trade Wee
not very satisfactory for buyers acted
as if they did not want many. There
was a big run of rangers and a good
many cows were included In that de-
partmen.. Native cows lacking quail
ty were hard to sell and buyers were
particularly hostile toward the COM
mon and medium grades, with which
they have been filled up lately. Some
choice heifers were sought for. but
there were very few that filled the bill.
Most of the medium cows sold Tues
day at $2.75'D3.25, and it took. good
ones to go past $3.50 Not many cows
were available that were good enough
to sell better than 81.
Hogs.
Prices were low from the start and
they did not improve as the session
The sales indicated de-
cline of 5@10c from the close of the
previous day, or the break OF 15@2oc
in the last two days.
Killers explained their reversal Of
form Tuesday by declaring that the
dead meat market had gone to pieces.
Prices got too high for the consumer
again and he registered q quiet protest
by letting pork alone" said meat
man. I'VE couldn't get rid Of loins
yesterday at 121ac."
A top was made at 1915 yesterday,
but the condition Of the late market
can be imagined from late sale when
a Spectator let go load of choice
CT, hot did nff
hog, at $3.50, declaring that he got
s6.77.s for the same kind Monday.
A top was made early at $6.75. but
$3.50 was about the practical limit and
$3.50 was impossible late. Good light
sold around $685., while the market
was fairly active; $3.50 later.
Local buyers were extremely bear
ish and talked still lower prices, SO
that it's up to the country to look out
for "breakers' and go slow until the
settles down to a steady gait
Sheep.
Conditions of the early markets were
largely matter of guess, as there
were few sales the first two hours In
dications however, pointed to lower
market. Receipts were very liberal.
Chicago Livestock.
Chicago, Oct. II.
Cattle--Estimated receipts for today,
$4,000; steady to 1Oc lower; beeves.
4.10@730; cows and heifers, 1.65 a
5.25; stockers and feeders, 2.50@4.35;s
Texans, 3.75@4.35.
Hogs-Estimated receipts for today
26, 900; 5@10c lower; mixed and
butchers, 6o5@6.eO; good heavy. $3.50
$50; rough, 575@6.1o; light, 6.25 q
SIS: bulk Of sales, 6.20@6.50.
sheer ESTIMATED, re"eipts for today
Sc, 900; steady; 3.eo@5.4O; lambs, 4.75
@:.75.