Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-09-04
GA1NE PRICES STEADY
Choics Native Steers Very
Scarce, and Practically No
Outside Buying
EXCELLENT DEMAND FOR HOGS
Prices Were Strong to Five Higher,
Shippers Being the Best Buyers,
Tho Packers Also, Were In Evil
dence-smalI Sheep Receipts, But
Trade Was Not Very Active.

Chicago, Sept. 4.--Cattle demand was
not very active, but prices held steady.
Offerings were largely of inferior
butcher stuff, choice native steers be-
ing very scarce. There was practically
no outside buying.
Over $4,000 cattle have been re-
ceived thus far this week, which is
about 5000 more than for the same
period of last week. Receipts of range
cattle have been moderate, but there
were SO many natives received that
buyers We're able to have their own
way. Since Monday the market has
been in very bad shape. Subtracting
the improvement noted Monday. the
market for the bulk of the medium
to good steers is still 15@25c lower
than "a week ago. Buyers say they
are still too high and seem to be de-
termined to pull them down.
Choice steers are scarce and the best
available sell around 1925. There were
than $3.50, which shows that the quail
ity was poor. Buyers are not
much interested in any kind of cattle.
Too many cattle have been received
during the week. which indicates that
the country is hnrrying the light cat
tie to market as fast as they can. A
good many light grass steers sold yes
terday at s404.75, and a pretty good
class of killing cattle went at s5@6.
Hogs.
Hogs were strong to sc higher, with
excellent demand. Shippers We're the
best buyers. altho packers were in evil
dence. Common, trusty hogs were hard
of sale.
The factor In determining price is
the extent of the. corn diet stock had
enjoyed. Where It shows no corn feed
the price is made accordingly.
The west did not export as many
as a year ago and the four-day run
here is $4,000 less than in 1907. Ship
ping demand is decidedly deficient.
buying on that account being about
half what it was at the same time
last year
The average weight Of hogs at KAN
isas City in August was only 191 lbs,
against 212 lbs year ago. This is the
lightest average since August, 1901,
when it was,1S7 lbs
Meat shipments were 2.2i5,000 lbs,
compared with 5.2S2,00o lbs a year
ago, and lard shipments We're $4,000
lbs, compared with 3,2S4,00O lbs a
year ago. Liverpool quoted lard
shilling higher hams Sd lower and ba-
con unchanged.
Sheep.
Sheep were steady, tho receipts were
small, compared with those of previous
days this week. Trade was not very
active
The four-day supply is $4,000 more
than last week and 100000 in excess OF
a year ago. The six western markets
had double as many as last week ana
considerably more than a year ago.
These points have received about 2SO,-
900 in four days, or $4,000 more than
last week and fully as many IN ex-
cess of the run during the same period
of 1907. 1t has been a case of over
burden and prices have slumped IN
consequence. The western movement
has probably reached flood tide this
week, but it will continue heavy Tor
sixty DAYS to come News comes that
$4,000 Nevada lambs will be shipped
to Chicago from the eastern slope OF
the Sierra Nevadas, owing to a bad
market on the Pacific coast. Fortu-
nately the proportion of feeding stuff
in the western run has increased other
wise killers would be buying the best
western around 51s cents. AS 1t IS
they are buying good grass lambs at
s5.5OM5.75, these being the kind thai
sold at $T.40@7.60 a year ago. With
such a run of western lambs, killers are
naturally backing up on natives. es-
pecially if on the bucky or half-fat
order, conditions in which most of them
are arriving. Eliminating the frothy
bulge of last Friday, most of the ma
tive lambs look so cents per cWt lower
than a week ago, s5@5.50 taking the
big end.