Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-09-29
Levels Closed Lower This Week
In Practically Every Branch
of the Trade
NO ADVANCE IN HOG MARKET
Demand for Mixed and Packing Grades
Very Tame, and Market, If Any
thing, Was WeakerNhan Friday =
Sheep Trade Steady Today - Prices
Have Declined Considerably.

Chicago. Sept. 29.-There was no
market today, receipts being OF the
customary Saturdays meagreness, and
prices only nominal. Levels at the
close today are lower in practically
every branch of trade, with the excep-
ton of good choice native steers, than
they were a week ago The primary
law of supply and demand can be
charged with losses in prices which
cattle have scored this week.
The receipts in five days this week
have been $4,000, the largest supply Of
the year to date, while comparing with
7O,493 "a week ago, 72,424 year ago,
and S2,603 two years ago Marketing
of this volume has naturally not been
of stimulating influence in the general
trade, and the bulk of common, me-
dunn and good killers and shipping
beeves were Friday nominally 10@15c
lower than one week ago. altho
strength in the late market for choice
beeves has put the price for these we'll
up to the level current at the close last
week.
There has been a fair proportion of
choice steers here during the week, but
they came in the first days, while later
such kinds would have met good APP
probation from the buyers, even had
they been in considerably larger sup
ply One pleasing feature of the trade
has been the broader demand on ship
ping account during the week, the OUT
ward movement in five days having
been upward Of $1,000, against 26,713
week ago. This broader shipping
demand has provided outlet for about
half of the total increase in receipts.
and as good share of the shipments
were fat beeves, these classes have
been relatively the best sellers.
There has been nothing of encour-
aging nature in the export demand,
however, and prospects do not favor a
very material growth in foreign cali
for stea-s TO. a few weeks yet, at
least, altho the situation in the east
appears quite satisfactory now, and
the better demand this week indicates
an increased outlet in the eastern
states, a continuation of which, sellers
say, should aid the trade for medium
good natives
Having orders of a rather urgent
character for the few shipping hogs,
buyers for the outside markets Gre
ated some excitement in the hog trade
for short time this morning, and
paid values sc above the purchase
price. Some prime lights sold to 667
Demand for mixed and packing grades,
however, was very tame, and the mar
ket did not show any advance, being
if anything, weaker than Friday.
Notwithstanding the severe pounding
tactics of the buyers of hogs for local
concerns recently, sellers were enabled
to land most of their offerings to bet
ter advantage than one week ago.
While the light weights recently sold
steady to 10c higher, other kinds
brought 21s GD20c better prices than
one week ago, with the heavy packing
grades showing most gain.
| The top price of the week was $6.S21
| secured for prime 215-lb. averages, and
1919 lib. average landed at $3.50 on the
same day, tho it has taken an extra
class to bring $3.50 since late Thurs
day. A feature of the market this
week was the unevenness which att
tended the selling on most days, and
buyers varied from to 1Oc in their
bids on the same classes of hogs.
Sheep.
Trade was steady. Receipts were
larger than usual for Saturday. Woo
lambs sold steady at 1856. Prices de-
clined in nearly all branches of the
trade this week. Killing lambs were
25@5O dover, and feeders, suffered
heavily. Sheep were 1925 lower.