Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-10-25


stronger today. Demand shifted some
what and in general way all steers
above IS on the native division sold
strong to 10 cents higher.
Big end of the steer crop sold last
week 50aS5 cents lower than two
weeks ago and there were a good many
instances Of 81 decline for cattle rang
ing at s5.5o@S.75
Even the sS1S.o5 steers last week
were also lower sales than high time
last week. but these kinds were hardly
quotabie more than Is cents lower than
the previous weeks finish. while the
strictly choice to prime heavy steers
have been firm sale by reason of the
fact that supplies of these have been
smaller than demands.
Choice 1.400 to 1900 pound steers in
selling firm have in nowise been cri-
terion of the market. Cattle which have
shown a good quality but weighed 100
TO 200 pounds lighter have gone down
the price ladder sharply because the
demand was keen for heavy-weights
and not for medium weight kinds.
The s4.25d5.o5 steers have met COM
petition from a big lot of western rang
ers. and While there was not much of
stimulus from the feeder cattle end Of
the trade. since the supplies of feeders
were heavy. TOO. buyers after feeding
did not compete very keenly for
the grassy steers which did not show
some quality as well as flesh.
The break of the past two weeks has
/ been the most severe in months. 1t did
not come unexpectedly, however, and
the reasons for il have been plainly APP
parent, since the country has been too
keen TO liquida,e grassy, short-fed and
+ warmed-up steers in order to save
corn The result has been an excessive
supply not only at Chicago. but at
western points, and the killers have re-
veled in a low-price period which they
long awaited.
Sales OF steers above IS during the
week were not a criterion. There were
demands for strictly choice to prime
grades in excess of the scant market
ings of these kinds, and the long COW
eted SO mark was hit on Wednesday,
the highest figure on the open market
since 1902. This. against $3.50 for top
last week. and $50 a year ago. How
ever. the big advance for prime beeves
compared with year ago was not
shown in prices for bulk steers, which
went at s5.1o17.5o, against s4.s5@e.so
a year ago.
Aside from two loads of fancy Angus
steers Wednesday al SO there were a
few others at ss5o@seO, while several
lots landed during the week at $50
$40. Bulk of strictly good to choice
beeves have sold at s767.s5. A long
81
s5.756 1855, and plain to fair grassers
and short-fed steers at s4.I5@s.eo. with
the common and poor light grass-fed
grassers down to s3.60q4.35.
Hogs.
Hogs were active and generally 10
cents higher, the IS animal being on
. the boards for the first time in several
. weeks Packers We're good supporters OF
the market Good to prime heavy hogs
reached s7.sO@ss.o5.
Supply last week shows q little in
, crease over the previous week, abou
900. but is away short when com.
, pared with the same period OF 1so'
and altho packers are still talkin:
: and acting bearish, there is none .
that color about the statistics. TIL
: weeks supply is $4,000 less than ;
I, year ago. while shippers have takei
within 1000 as many as at that time
consequently the share going TO pack
ers has been very small. In othe
: words, local killers got about e1,o0
hogs this week, against $4,000 a yea
d ago. SO far in October local packer
t have secured about 265,0O0 hog!
L. against $4,000 a year ago, a defici
l. ency of l74.oOo. The Ave principa
e western markets report about 23s.oO
d for the week. against $4,000 las
v week and $4,000 year ago.
e Expectancy is for a few more hog
d during the coming week. The seaso
! for increasing supply is at hand, ou
v no heavy nlarketward movement seem
= probable. Packers are still talkin
e bearishly. also acting that way. but tn
odds are against them. They have sue
It ceeded in keeping the Scent hog o,
% of the market all week, but by a nal
e, row margin. and at frequent interva
stern necessity forces them into til
a market They are buying as sparingl
.e as possible and doing hand-to-mout
,r business While it may not be tt
time of year to be bull, nothing thf
has happened this week justifies rae
ical bear sentiment.
:. oneeP.
IA Sheep and iainibs were steady despii
u the liberal run. Buyers We're askin
u strong prices for their western lamb
1t Best native lambs made 81. while IL
le best price reported for westerns We
$3.50.
= Chicago Livestock.
% Chicago. Oct .-cattle-Estimat
n receipts for today, $4,000; steady.
=. Beeves ........ 800. 80. s.s5@s.
- stockers and feeders 80. :. 3.00@5.
r. Cows and heifers .......... 2.25@5.
ID Westerns 80. 4.O0@7.
OF Texans .... 80. ........ 3.s0@4.
er Calves ..... 49,. .... 7.o0@s.
he Hogs-Estimated receipts for toda
"a, 600; to 10 cents higher.
Lights -. 90. go. 7.25@7.