Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-09-19
SHARP CATTLE BREAK
Excessive Receipts This Week
Have Operated Against
Stronger Prices
HOG MARKET ABOUT UNCHANGED
Demand Still Slow, With Receipts
Too Liberal and Generally Easy
Tone-Prices About the Same-onIy
Moderate Trade in Sheep, Tho Days
Run Was Light.

Chicago, Sept. 19.]Cattle were NOM
inally steady. Receipts for the week ex-
ceeded by $4,000 those of last week,
which has operated against stronger
prices. There has been sharp break
especially in native steers.
Supply has been far above trade
needs and the decline was inevitable.
Reasons for the excessive runs have
been the badly scorched pastures In
most sections of the corn belt Grass
ers have been forced to market owing
pastures are given good wetting the
trade is not inclined to look for much
lessened supplies Of the half-fat and
plain classes.
There were in the yards Friday lib
eral number of grassers, warmed up,
and also short-fed steers. for which the
best bids obtainable in late days have
been at figures considerably below
home cost, and some of them have
been sold on this basis. while the OF
fers for others were so slow the sellers
believed it better to take gamblers
chance and hold them until next Mon
day. However, 1t was not case OF
preference in holding most of the cattle
unsold in the yards Friday. 1t was
necessity, as there was not the demand
Yesterday, nor neither has there been
demand enough since Wednesday
morning. to effect disposition of the
offerings
II will require only moderate sup
ply of fresh steers to fill probable de-
mands at the start next week. Were
the weather conditions to change ana
a good rain hit the pastures no doubt
cattle owners would take on renewed
hope and hold the grassy and half
short-fed lots. This, say the traders.
will prove the only salvation from con-
tinled low prices, and even lower
range.
Hogs.
Demand was slow, with but little
change in prices. Receipts We're too
liberal, and the tone was easy.
More trash has arrived this week,
and while good hogs have displayed an
ability to take care of themselves,
the other grades have encountered
scale of quality they get the more dis
elimination they encounter. On pig
mixed and grassy sow stuff it is a very
irregular market, with sharp down
ward tendency. bids being 25@5Oc
apart on the same stuff. The current
scarcity of choice hogs suggests that
even a Toe market would not be equal
to the task of fetching many more
hogs, at least during the next sixty
days.
With a $7.45 top most of the ship
ping hogs sold at s730@7.4o, but in
proportion to the whole, they We're
scarce. Under the good ones the range
was wide, pig mixed selling at any
old price dcrwn to $3.50. class OF
mixed hogs with a long butcher TOP
and only few off hogs went at $4,000
1925. and mixed loads with decent
butcher top at sos OILS. Packers
were hugging the &c mark and bought
considerable mixed stuff under the
even money line. Weight and quality
cuts considerable figure in determln-
ing the price Of mixed stuff. Inc
more grass shown and the more de-
ficient hogs are in weight, the lower
in the scale they have to sell, some
mixed stuff being appraised at $6.45 a
$50. The "corney'' appearance OF
mixed was a price-determining factor
and a good "corney'' kind of mixed
was needed to get into the &c notch.
A class of heavy sows, 900 lbs and up,
were valued around $500, while
"corney" 2OO-lb mixed reached even
money.
Sheep were steady, on a light run,
but there was only moderate trade
Determined efforts have been made
at intervals this week to mark good
lambs up, but packers have been
equally determined to hold the lid
down. Choice lambs have seldom been
so scarce at this season. The 6-center
is barely quotable, and, at the close
this week, the best westerns are sell
ing around $3.50, with fair killing
lambs at 1925 and feeders at $4,000
5. A band of western lambs, choice,
heavy and suitable for short fed, Went
to the country at 500, the high point
of the week. There has been consld-
cradle inquiry for good quality young
breeding ewes. About the only thing
of this kind offered was some oregon
full-age ewes, and they sold from 3sc
UP to 4c per ID.