Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-12-06
PRIME STUFF SELLS AT s3.65 ON
CHICAGO MARKET, HIGH.
EST OF THE YEAR.
EVERYTHING OF WEIGHT
SOLD AT ss.4o OR BETTER
General Market 10 to IS Cents Higher
Cattle Strong and Some Sales
Made at Liberal Advance-Lambs
Climb to So and Sheep Are 10 to is
Cents Higher.


the start and sold we'll during the mid
die of the session, and closed at high
levels. The general market was $50
20 cents higher. Top was $685. the
highest of the year Prime hogs at
$3.50 was no myth and it was so COM
mon as to cause no comment after the
first hour. There was practically no.
thing that had weight that sold under
$40. Light weights went at 1925.
Il consider lard prices very high, and
have no doubt that they are greatly
affecting the consumptive demand both
at home and abroad" said Walter c..
Hately yesterday. Figures from Eu-
economics practiced by consumers.
During November last year there was
decrease in the stock in Europe of
21,000 ties out of the total supply of
100000 ties. In November this year the
increase was only 5000 ties out of to-
tai of $4,000 ties. While the receipts of
hogs from the country are not as lib
eral as a year age-due in great meas
ure to the undoubted shortage-I do
not consider the shortage the only
cause of the light movement Bad
roads in the country. especially in
Iowa, have had more or less effect. If
the weather should turn cold it would
probably be found that there are more
hogs in the country than the Spectator
has calculated on. The cash trade has
flattened out very materially in the last
few days and is now Very poor. There
was an urgent demand few days ago
for lard for December shipments at 20
cents over January The difference to-
day is under so cents and there is no
demand 1 expect December to sell at
the January price soon. and 1 also ex-
pect 10 see January drop down to the
May delivery level, altho the January
premium is now 90 cents
II is said that compound lard is SELL
ing at cents under the price Of pure
steam lard and that there are few
bakers in Chicago who are using the
pure lard. and some Of the big ones
are buying compound by the carload
because it is cheaper Prices are at a
point where substitution is likely to cut
an important figure if il is held any
length of time.
II is said that stocks of meats at
western packing points will show an
increase Of 3,000.0oo pounds for the
month of November In October there
was decrease of % 600 900 pounds and
in November last year an increase of
as. 100000 pounds.
Cattle.
Cattle were strong, and some sales
showed 10G15 cents advances.
General receipts for last week were
50, 700, against 76940 a week ago and
$685. a year ago. while there were in
Guided 4,500 western rangers, against
$500 the previous week and 1900 g
year ago. The big end of the run com
prised short-fed and warned-up steers
many lots arriving which showed evi-
dence of having had hardly more thar
thirty to forty days feed.
Packers effected practically all thu
decline on Wednesday, the demand be
ing too broad on Monday to admit o
general declines even tho there wer'
33,1s9 cattle on sale. Thursday marke
was dull and inclined toward weakness
( for the bulk of steers lacking strict.
good quality. altho some fat heav.
grades were quoted firmer by buyinl
interests.
The great bulk of steers sold las
week within range of s5.40@ TAO. com
pairing with s4S0@710 year ago an,
s460@5.7o two years ago. Most med
ium to good 100 to 1900 lb. steer
went at s5.75M675, while those abov
81 were largely 130O-lb and heavie
grades Plain s. and the comnio
grassers sold around $3.50, with som
tailings under 81.
Sheep.
Lambs climbed to So almost at tn
opening of the market, being 15@2
cents higher. Sheep We're 10@15 cent
better than last weeks close and tn
market was active.