Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-08-11
MANY WENT AT STEADY PRICES,
BUT COMMON AND UNDER.
GRADES DECLINED.
HOG MARKET CLOSES
TEN TO Fifteen LOWER
Hard to Find Buyers Even at These
Low, Levels, and Packers Insisted
Upon Full Declines When They Took
Hold-sheep About Steady, But Slow
of Sale,

chicago, Aug. 11.-Choice cattle were
in demand and active, with the result
that great many went at steady
prices. There was lack of interest
in common and undergrade Sorts and
in the fairly good class of steers. They
sold at declines of 10 cents. Butcher
cattle were slow and weak
The supplies of finished steers
| have been running little short of de-
mands and in consequence strength
| ening of prices has been accomplished
by the sellers in the face of the forced
concessions in values for the lower
priced kinds which have come in COM
petition with the western rangers.
Range receipts thus far this week are
heaviest of the season to date. The
relative cheapness of rangers, (their
better killing qualities considered)
makes them more desirable to killers
than are the cheaper priced native
short-fed ard grassy steers, and con-
tinued prejudice against the latter in
| favor of rangers is expected to be a
| market feature from now on, at least
| while there is any fair volume OF mar
quota of rangers from which killers
expect to get a surplus Of beef for COOL
| ers.
At present coolers are not heavily
loaded There has been a fair move
ment Of beef into consumptive cham
nels for some weeks past and a little
revival of industrial activity in the
east is helping the situation to some
extent. The beef trade anticipates still
better conditions in eastern markets
and is thus not averse to liberal buy
ing, but price is the first thing buyers
carry in mind, and there is now ten
dency to hold, down the cheap and
medium costing cattle as a bear lever
for western range cattle values.
Hogs.
| Hogs finished 10 to is cents lower.
and even at the low levels it was hard
| to find buyers. Packers were slow to
start, and insisted upon full declines
when they did consent to take hold.
Good hogs showed fully as much de-
cline as heavy and mixed and packing
sorts.
| Not many hogs are needed to go
around at present prices. Packers are
continually reminding the selling side
that cost is excessive and sometimes
they do it very effectively, as was the
case last week when they took off
half-a-dollar in few hours. Both
product and hogs will have to be scarce
to maintain present high levels, as SEN
timent is antagonistic both in manu-
featuring and speculative circles.
Sheep.
nh o%o Nv Asyk cio ~
sale. Demand was strong for bette,
grades of lambs, which sold at steady
values. One load of natives sold al
100.
Since the movement from the south
subsidized killers have been hard
pressed to get enough lambs to supply
their needs without advancing prices
which they are decidedly averse to
doing. But while lamb trade has been
healthy there is decided lack of anil
nation about the sheep end OF the deal
A lot of yearlings and aged wethers
are being crowded on the market by
the west and they are holding prices
down very effectively. 1t is considered
probable, however, that this run will
soon cease, as there is good demand
for young sheep in the west for wool
bearing purposes Feeding stuff is a.
scarce as ever, western lamb band:
yielding but a small percentage o.
feeders. Breeding stuff is in little bet.
ter shape than last week, but tina
branch of the trade is still adversel,
Influenced by fear of a quarantine il
Kentucky and Tennessee. where mos
of the breeding stock has been goin,
and where both foot-rot and scab ar,
said to be alaruingly prevalent