Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-09-25
RECEIPTS NOT SUFFICIENT TO
MAKE ACTIVE MARKET
PRICES STEADY,
HOGS CLOSE HIGHER,
PACKERS BEING BIDDERS
Arrivals Numbering 5000 Head Taken
at General Advance-Bulk of Sales
Made at Range Between $500 and
$8.45-current Quotations.

Chicago, Sept 25.-With arrivals Of
make an interesting market, altho the
iA'erings We're sold at prices that were
steady.
The market is closing this week with
native steers of value below S7.25 on
a basis mostly 1925 cents lower than
week ago, altho some of the medium
classes show greater loss, while in the
western range trade medium steers ara
quotable down mostly % cents, and
some of the rough grade westerns have
recently sold as much as 35 cents low
er. On the other hand, strictly good
quality westerns are hardly more than
Is cents lower than last week.
The liberal weeks run, totaling 6S,-
500 in five days, of which there were
31,500 western rangers, gave buyers
ample opportunity to lower prices for
both natives and westerns. The sup
ply stands $500 larger than week
ago, and were it not for little broad
er eastern shipping demand this week,
considerably greater decline would
likely now be noted in the prices. EN-
porters. however, have not been a sup
porting factor in the trade. There
were small export demands, as has
been the case in recent weeks. The call
for export steers for the past two
months has rarely been of strength
sufficient to bolster the trade at any
point, because of the severe COMPETE
ton against American beef in the Eng
lis hmarket. which holds down the
price, and therefore cuts to the mini
mum exporters margin of profit.
Slight changes in values for the
strictly choice to prime beeves effect
little figure in the general situation.
Some of the s7.50@S.00 and higher
steers this week have even gone little
above values current for them a week
ago. while the bulk held at firm prices,
but the supplies Of strictly ell-fin-
ished steers have dropped to such a
small volume of late that firm prices
for these kinds have not been a
criterion. Prediction has been made all
along in the past few weeks to the eff
feet that even tho killers were to be
able to get the medium to good steers
lower in conjunction with a bear cam
paign in westerns, the prime grades
would hold firm by reason of the
scarcity of these among marketings.
Hogs.
Hogs sold at small advances today,
the offerings all being taken. The clp se
was easy and some Of the early adj
vance was lost. Bulk of sales were
made at $500 to $40.
1t is a two-sided market under pres
ent conditions. with 8 cents the divid-
ing line Under cents is found the
green, skippy and pig delegations
above it corn fed stuff. 1t is case 81
! corn on one hand; grass on the other
! Grassers are on uncertain footing
while ''corney" stuff is able to take care
of itself.
All branches of the provision trade
appear to be very nnrch at sea. Pros
poets are for a hand-in- mouth business
until January at least. Packers are
as badly scared as The jobbers. bott
unwilling to lay in any big stock o
product at current sensationally high
nrices. Packers do not want 70 ad
vance values any further unless the'
are forced, altho prospects are tina
everything will be cleaned out he b
Oct l. In fact. packer are now buy
ing October futures in order to provid
against anticipated daily cash trad
next month.
Sheep.