Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-10-16


ing nominal Trade for the bulk of
steers has been good part of the week.
but toward the finish the market was
in badly weakened condition, so
that prices were off % cents on ma
tives, with the exception of choice.
compared with a week ago Range
steers held closer to the levels than
natives. There has been little change
in this class. tho the closing day of
| the week showed a break of 10@15
cents.
The trade has been heavily supplied
this week with cattle-too heavily. in
fact--and the price range has been hard
hit. Closing levels for steers. barring
prime grades, are down l5@4Oc from a
week ago. the meanest selling kinds
those value at s5.50q 1.O0-showing %
| a 40c decline from early last Monday
and week ago.
Since early Wednesday the market
for these grades has grown steadily
worse until TODAY there was a very un
reliable outlet and the prices in some
instances were noted at even greater
.
have shown least loss. because they
were relatively scarce. while the kinds
ranging down under $3.50, escaped ser
iuos decline by reason of pretty
| lower priced beef as against the in
between kinds.
The trade for the s6.00d7.00 steers
has been most irregular of the season
and sellers and buyers alike have stated
that in the trade for these classes it
has been practically impossible for
them 10 Judge within % a soc per cwt.
just where drove of cattle ought to
land in order to bring "the market"
| With the situation thus at market the
country shipper appears in bad way
| TO do business with any certainty of
his consignments getting out without
a loss. Instances have been cited this
week of steers selling at sS.0O@7,25
which cost a greater price in the eoun-
try.
| Once the market settles down from
{, this uneven state of affairs the country
| shipper will again be able to tell with
some degree of accuracy the value of a
drove of steers in the feed lot and like
wise the traders at market too, will not
be as far off in their judgment as is
| often the case at present.
| The killers have had all the best OF
the argument this week. Even tho
they admitted having requirements for
liberal beef supplies, the runs have been
fully UP to their needs, and particularly
nlarketings of plain and medium grade.
The country has been liquidating too
freely the sfort-fed and medium steers,
evidently fearing that once the west
ern rangers fall off the killers will start
q big bear campaign against the ma
tives. However. big shipping of medium
natives has given the killed an oppor-
tunity to pound the prices hard now
since they had the westerns first in IA
vor. because of their superior killing
advantages, cost price considered.
The situa ton is not likely to improve
say sellers unless the country cuts
down on marketings of medium, short
FED and grassy natives. Next week
particularly, the country had best give
the market a little relief from the big
supplies. but the trade is fearful of an
other heavy run at the start next Mon
dayf which has made it unfavorable
for holding cattle unless the cribs were
opened up and high priced corn taken
therefrom.
! Hogs.
Hogs were strong and finished lit
tie higher. Inquiry was we'll distributed
for different grades. A top Of 1921
was reached.
Not many pigs are coming, which
is in striking contrast to the supply
in recent years at this season. For
/ goa 100 pound pigs it was largely a
) s6.70M7 market, with weights of 10
pounds or less from $3.50 down.
Provisions had a strong opening. The
. continued light movement of hogs has
attracted the outside speculator to this
market and the buying was largely OF
this character A private-wire con-
Germ that was big buyer of lard yes
. terday continued to absorb the bulk
, of the offerings OF that product today
A broker who acts for a Milwaukee
] packer was free seller of May ribs
but, aside from this, the offerings were
light. Meat shipments were 2,137,00(
pounds, compared with 2,385,000 pounds
, a year ago, and lard shipments were
455,000 pounds, compared with 511 ,00t
pounds a year ago. Liverpool quoted
backs and hams Cd higher; lard Sc
higher and Cumberland cuts un.
8 changed.
Sheep.
Sheep were weak and lambs hard to
SELL some holders taking as much a:
J ! % cents decline from the high time o.
yesterday. Notwithstanding today's lie.
cline lambs finished higher than the
close of last week.
, Chicago Livestock.
II Chicago. Oct observation-disclosures