Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-10-10
SIEADN[SS IN CATTLE
General Trend of the Market
Has Been Downward,
This Week
HOGS ARE 10 TO is LOWER
HOGS ARE 10 TO is LOWER
Demand Poor From All Glasses of
Buyers and Trade Has Dragged in
That Market-Steady Tone in Sheep
But Market Inactive-Lambs Suffer
Big Slump.

Chicago, Oct. 1O-Cattle were steady:
trade is not closing under very good
conditions, for, while shipping demand
has been the life of trade here this
week, packers and local buyers have
not been active, and the general trend
of the market has been downward.
More cattle were received his weel
than the trade needed especially con-
sidering the poor quality of the con-
tributions. The market was not so bad
all things considered. Early in the
week a distinct depression was notet
for the market was flooded and all the
advantage was on buyers side. Over
$4,000 arrived on Monday, which was
an unexpected supply when there was
nothing. In last weeks trade to warrant
a liberal run. 1t is evident that the
country is impatient to unload the
common and medium cattle before ii
becomes necessary to put them on q
corn diet. Buyers said the quality OF
the cattle received this week was about
the poorest of the year. 1t was mainly
due to that fact that the prices Of the
good steers were held up 80 we'll. About
all the cattle above the $3.50 line are
as high as a week Ago., and the next
lower grades at $6@6.5 do not show
much change.
The great bulk Of the weeks re-
ceipts consisted Of the common to
medium light weight steers which buy
ers said did not have good dressing
ability and most of the time they We're
seriously neglected and stand about
10000 lower than a week ago.
Mondays big receipts knocked the
props from under the trade for about
all kinds of cattle. but on Wednesday
the market started to straighten up
and at the close of the week the good
and even fairly good steers suitable
for eastern shipments got back about
all that they lost. There was no chance
for the light weight stuff to recover
for they were numerous every day.
Good yearling steers were popular
week, but they had to be good. Buy
ers did not want the common year
lings except at very low rates. Top for
the week was $3.50, paid for a nice load
of yearlings from Iowa.
Receipts for the week total about
$4,000, against $4,000 last week and
$1,000 a year ago. From the looks of
these figures cattle were coming to
freely this time last year Trad
ers are looking for a pretty good run
Of cheap stuff mex week.
Hogs.
Hogs We're 1O@15 lower; demand
was poor from all classes and trade
dragged.
On mixed stuff the influence of new
corn as in more pronounced evidence
daily and it is plain that it is being
fed freely to young hogs. Supply has
been liberal this week, the marketward
movement showing a decided tendency
to expand. Instead of 100, 900 for the
week. as packers expected, there will
be about 125, 900. The six western
markets report about 100000 in five
days, which is 10000 more than a
year ago and 10000 more than last
week. With shippers taking but 80
per cent of their purchases a veal ago,
the sharp decline in prices is logical.
A year ago the market was as slumpy
as it is now, but prices were some
higher, the 7-cent hog being in
and packers paying. $6.40
@6.60 for the bulk of their purchases.
Steep
Sheep were steady, but inactive.
have suffered a big slum this
week.