Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-09-26
Range Cattle Offerings Particu-
larly Have Suffered Sharp
Declines This Week
HOG MARKET WEAK AND LOWER
Depressing Features Were Common
Quality of Offerings, Lack or Ship
ping Demand, and Indifference Dis
played by Packers-sheep Slow, and
Prices Practically Unchanged.

Chicago, Sept. 26.--Cattle were NOM
finally steady, trade closing uneven
and with prices ON all CLASSES Of
steers lower than at the high time
of the week, tho native steers are
still "a little above the closing levels
last week. Range cattle have suffered
sharp declines, in spite OF moderate
receipts.
Early in the week demand ON ship
ping account was strong and there was
enough competition from local killers
to make a very satisfactory market.
Receipts on, Monday were only $1,000
and on Wednesday the supply was cut
to $4,000. On that account buyers
We're forced to hustle, and for the first
half of the week the market was active
and in good shape. Values advanced
% @40c on a good share OF the me-
dunn and good steers, but there was
not much improvement for the COM
mon light stuff. On Thursday buyers
changed their attitude materially and
acted as il they did not want anything.
Bids were much lower and most OF the
supply had to be closed out at a decline
OF 100000 from Wednesdays level.
This put the general market back to
about Mondays basis and so 1T is still
100000 higher than a week ago.
Eastern demand for beef has been
light, circumstance which buyers
blame to some extent on the warm and
unreasonable weather. Indications are
that the demand will not be broad next
week and country shippers are warned
to keep the supply down to small pro-
portions.
Demand for COWS and heifers was
lighter than usual this week, and prices
for the week do not show much I'M
provement, tho receipts are very much
smaller than last week.
Gamers and cutters have been very
hard to sell all this week and prices
are hardly up to last weeks level in
spite sof the moderate receipts.
The bull market has been dull and
slack all week and finished with the
demand very slim. Good bulls were
scarce and not many were wanted.
Hogs.
Hogs were slow and weak to 100
15c lower. The common quality of
OlGIIilSS, IGtSh VI SiiiPPiiS uSIisStAN' sA'AA
indifference displayed by packers, were
the governing features.
Evidently the country has no conf
dence in the permanency of the &c hog.
If it were otherwise green stuff would
not be urged marketward so numer-
ously. More hogs reached western mar
kets yesterday than a year ago and
packers became aware that the country
Is crowding undesirable stuff on them.
They took advantage of the opportun-
ity to depress the market a dime. Al
present prices hogs are remunerating
the grower handsomely and it is logical
to assume that if he regarded the mar :
ket as durable he would proceed with
the conversion of corn into pork with
assurance that the trainsmutatlon
process will be profitable. Hog grow
ers have become distrustful by rea-
son of a varied and not wholly
satisfactory experience, hence their
indisposition to make a bond to re-
munerate them. Some of these days
grassy hogs will experience hard fall
and country shippers handling them
are taking long chances.
A Sheep
Sheep were slow, with practically no
change in prices.
Weekend trade is always demoral-
lied after such conditions as have ex-
listed this week. and the prospect is
not humorous. Feeders are selling at
the lowest basis since 1908, and if they
are. not worth money now they never
will be. A lot of western stuff is in
sight for next week, and it will proba-.
bly, be bargain period for country buy
ers as western f1ockmasters threaten
to cut off the supply. If they should do
so current quotations would soon be
wiped off the board