Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-10-23
CAT|LE CLOSE WEAK
Trade on Nominally Steady
Basis for Time; No De-
mand in Market
HOGS GENERALLY FIVE LOWER
Market Was Weak, Owing to Liberal
Receipts and sIackness of Demand
Brisk Demand for Lambs, Prices for
Which Were Ten to Fifteen Higher
Sheep Weak.

Chicago, Oct. 23.-Galtie-iH no re-
ccipts were only $500, there was no
demand at the opening, and trade was
ON a nominally steady basis, Toward
the close the market weakened.
Heavy run of westerns and a big pro-
portion of common, medium and pretty
good steers has been in contrast to the
small supplies of long fed steers OF
value above S625. Monday and We'd
nesday afforded about the only offer
ings of these grades. and Us there was
even broader demand for them than
could be filled the prices have held
we'll up to last weeks basis. some re-
cent sales in the "Wednesday trade be
ing even u little higher than late last
week. while Thursday there We're tran
sactions at $5.$oM5.S5 which were a
shade above last Mondays prices Tor
steers out of the same feed lot.
Conditions are not encouraging for
liberal marketing again early next
week Range runs promise To continue
rather heavy for the next two weeks
and the badly depressed state OF trace
for all but strictly choice natives
should not be conducive to heavy mar
ketings. tho the activities of the feed
ers in short pasture sections who VIII
not feed high priced corn cannot be
regulated from this end of the line
Hogs.
Hogs were weak. with prices gener-
ally 3 cents lower Receipts We're about
90 900 and demand was slack.
A phase of the hog market that
promises to become more pronounced
during the next few weeks is a grow :
ing partially for weight on the part
of killers. The big hog is Il rarity and
promises to accumulate popularity
Packers are paying S5.6OMoio lot
grass widows. provided they Were
smooth. while light mixed stuff mas u
| sell at S5.15@5.30. This development
has been inevitable and its appearance
| doubtless marks a turn of the TIDE
Light and skippy hogs will probably
| sell under the &c mark, but killers are
acting as tho everything wearing
a sheath of lard was worth present
cost. 1t is more than likely that the
present spread between heavy and UNI
derwelght hogs will widen out as the
season works along and that the rat
back will hold substantial premium
right along.
The advance IN Two uds9
about Csc and the market is nov
close up to the level of a year ago
when prices were slumping daily UNI
der panic influence. This advance ma
been scored, despite the fact that re
CENTS are 10000 in excess of last week
while shippers have taken only a lev
more. october receipts to date ar
/ 80 900 in excess of last year, Whit
shipments have decreased 5s,ooo. Al
/ the figure dope" is bearish, but sen
timent is bullish and the trade imam
mously of the opinion that after liqu
dation is over prices will experience
.harn reaction. This is the week whel
hackers promised to put up mlNe'
droves around sc. If they got a run
Results show that they have failed Z
turn the trick. altho they got IN
run.
Demand for lambs was brisk. ah'
prices were 100D15 cents higher Tor M
tives. Owing to tame demand 10
sheen values in that branch of liy
mutton were weak.
Compared with week ago most OF
ferings look generally % cents lower
Total for the first four days this Wee
Sc 500. a decrease of 500 compared Wit
same period last week and 29,500 com
pared with corresponding time las
YEAR