Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-08-28
FEW STEERS OFFERED
LITTLE DOING ON CATTLE MAR.
KET = ORDINARY STOCK
CLOSED LOWER.
LIGHT RUN OF HOGS
MAKES MARKET ACTIVE
Shippers Were Ready Buyer. and
Prices Closed NictIe Hishcrronly
Few Car Loads Of Sheep Offered
Prices Closed Stronger Than a Week
Ago.

Chicago Aug. 28-The market was of
minor consequence, only a few odd
head of stuff changing hands. None of
the big fellows did any trading. Steers
fed on grass and habitat close the
finished 15@25 lower.
| Eliminating a few loads OF fancy
steers which made highest prices Of
the year, the trade has been a weak
and unsatisfactory one thruout. On
Monday there was a pretty good de-
mand for the stuff ranging up from 81,
but since then all under $3.50 have met
demand which was by no means salts
factory, ard sellers have been forced
to grant the price concessions or carry
the stuff over for next weeks market
with an uncertainty regarding probable
conditions then.
Receipts in five days this week have
been $500. against 51,2S3 a week ago
and $3.50 a year ago, and this in
creased supply altho not of excessive
proportion for this time of year has
still proven above requirements of the
trade. Local houses have seemingly
filled their coolers to overlooking and
shut-off of liberal buying orders from
this quarter has had price depressing
effect. While the shipping outlet this
week was only a few hundred greater
than week ago and results have
| been packers dominance of the mar
ket The run carried $4,000 western
rangers, the largest marketings Of the
season, while there were also close to
1000 Texas cattle, which left $4,000
natives. liberal quota from the corn
belt districts. Rangers have been pre-
ferred by killers as against all the me-
dunn, plain and common grassers, the
westerns proving relatively cheapest
in the beef, and packers, too, were
able to get rangers at a considerable
decline, their cheapness making them
especially preferable over native steers.
Not only at Chicago has there been
more cattle than the trade required,
but likewise the west has had liberal
marketings and market conditions at
other points have also been in bad
shape. At six western markets cattle
run in five days aggregates 1876, 900,
against 10000 last week and $4,000 a
year ago.
affecting common and medium short
fed and grassy natives is looked for In
the coming week Outlook favors an
other liberal run of stuff from the dry
weather sections of the corn belt.
where pastures have become too short
to support cattle, and there is also a
moderate sized run of western rangers
booked for the first half Of next week.
Hogs.
! The market was active as the run
was light. Shippers gave the market
strong tone and prices closed 5
higher.
1t is evident that the high market
early in the week has again curbed
eastern demand, but the subsequently
decline may be again expected to cur
tail supply.
Armour is a free buyer of hogs on
all breaks. He was a busy man yes
terday when an opportunity to buy
stuff 10 cents lower than the previous
day presented itself, paying $1,000
1855 for mixed stuff without haggling
Armour's action in the market for two
days past does not constitute a bear tip
by any means and the decline yester-
day would have been Impossible but
for the relaxation Of a very urgent
eastern demand. The trade suspected
that it was Armours turn to buy, and
the decline was not regarded as serious
or permanent Renewal of shipping de-
mand will find a meager supply made
quate to the task of satisfying orders,
and the Armour policy Of buying when
such opportunities are presented is
sagacious.
Sheep.
The trade was little more than nom
inal, only few carloads being on sale.
The sheep market closed stronger than
last Saturday and looked Is per cent
better.