Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-11-26
Strong HOG DEMAND.
PRICES ADVANCE 5 TO 10 CENTS
ON ACTIVE BIDDING BUT
LATER REACT.
CATTLE OF GOOD QUALITY
STRONG, OTHERS ONLY STEADY
General Market Only in Fair condi-
tion-sheep and Lambs Steady
Holiday UnsettIes Stock Markets Al
most the Entire Week-Review of
Prices and Conditions.

most the Entire Week-Revew of
; Prices and Conditions.
Chicago, Nov. 26-Hogs opened high
er, with strong demand from scalp
ers and shippers and prices advanced
SOLO cents, but the firmness did not
hold and at the close there was par
tial reduction. Good top prime heavy
sold at ss.1O@s3O.
Wednesday was the high day the
hrst half of the week on hogs and gen.
eral average that day was high since
Monday of the previous week. Packers
succeeded in forcing prices lower on
Monday, when 41,Soo were marketed,
or the heaviest run since June T. EX-.
| ceptionally good orders were at hand
on Tuesday and Wednesday. and, as
receipts We're not excessive, aNho larg-
er than same period last week. they
made fairly good clearances each day.
Wednesdays prices compared with last
Saturday averaged . cents higher at
$50, while top at sS25 showed 21s
cents gain. Pigs We're about steady
Receipts the first half of this week
totaled 90,500, against 1875 same
period last week and 152.6OS cores
ponding time last year The official
count year ago this Wednesday was
65,Os6
General quality was fairly good on
most days, but the number of good TO
choice weighty hogs was smaller and
the range of prices widened slightly
There was an abundance Of light stuff
but of late that class sold WELL altho
on Monday buyers Disseminated
against underweights, especially if
lacking in quality. Shippers bought
rather freely, while Spectators were
also large operators. Packers, however
While they acted as tho prices should
be forced off, We're good buyers at .he
current level on most days, altho they
did little as a rule during early hours
Average weight of hogs last week at
224 pounds was lightest since middle
of July and compared with 227 pounds
the previous week and 212 pounds corr
responding week last year
Cattle.
Catie Oh Boou QuaNty, were strong.
Prime yearling steers brought 49, The
general market, however, was only
about steady.
Thanksgiving week in steer trade
rarely brings satisfactory market and
this week has not been an exception.
Heavy marketings Monday, totaling
41,26S. effected declines Of 1o@25 cents
in values for all but strictly choice
heavy steers, and while the biggest
share of this drop was recovered in
1.-The Wednesday market under a light
run of $4,000 the fact remains that bulk
of weeks marketings have gone at
material decline from week ago.
Scarcity of choice grades Monday af-
forded sellers opportunity to land the
bulk of value above $3.50 at prices we'll
up to last weeks basis, while in the
Wednesday market such kinds were
strong sale, some, in fact, going 10
cents higher, but nominally the prices
were not materially better than the
close last week. The run of choice
beeves has been SO small that good
market for these was not criterion of
the general situation The demand for
top kinds only equaled the supplies
and it was fortunate that receipts #
these were not heavier, inasmuch as
killers and shippers have in the past
ten days been fighting shy of high
prices and showing partially toward
the medium to pretty good grades. The
beef trade affords outlet for only
limited number of prime steers and
killers have shown a disposition to buy
the good quality 1,400 to 1900 pound
kinds as substitutes where such could
be used to advantage
Recovery of the Monday decline for
common and medium steers in Wednes-
days market was indicative of killers
disposition in this latter regard, altho
the price reaction was due entirely to
the fact of light receipts. Poultry, even
tho higher in price than in recent
years still is meeting broad demand,
and until the Thanksgiving season Of
poultry hunger wears off beef trade is
not likely to show signs Of permanent
improvement. Another reaction to low
er levels next week is imminent I'M
less the country shows wise policy
of cutting down the receipts of me-
dunn and HABITAT steers.
Even tho western feedlots are in
bad shape excessive liquidation which
was started this week does not appear
as very good policy. Weather, however,
is always a potent factor in dealing
with shipping conditions at this sea-
son and muddy feedlots are still apt
to force a good many more half feed
steers marketward A hard freeze and
dry-up of feed yards would likely put
a different complexion on the situation.
| Once the trade rights itself again
there isn't fear among sellers that kill
ers win be able to work the prices to.
much lower levels than recently pre-,
vailed. A little reaction which comes
under small marketings still indicates
a pretty good undertone in the beef
situation, which is hopeful sign.
Sheep.
| Sheep and lambs were steady. Prime
native lambs sold at $7.s5, but later
dropped to $7.75.
Chicago Livestock.
Chicago, Nov. 2s.-Cattle- Estimated
receipts for today 1000; strong to ten
cents higher.
Beeves ,..... ............. 4oo@s.15
Stockers and feeders ...... 310@5.25
Cows and heifers ......... 210@5.75
Western ...... ............ 400@7.50
Texas $500. .............. 3.75@4.s5
Calves ...... ............. 6.25@s.75