Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-08-19
FEW OF THE BETTER SORT OF.
FERED-PRlcEs TAKE A.
SLUMP.
BUTCHER CATTLE OF
QUALITY READY SELLERS
Hogs Drop Before Market Closes, But
Most Of the Loads Had Been Dis.
posed of-Most Of Sales Were at
Slight Advance-sheep Market Un-
chansed-Lambs Are Lower.

Chicago. Aug. 19.-Cattle, weak. The
demand was good only where the quail
ity was of the right sort and there
were but few of that kind offered The
early sales made at a little less than
steady prices but as the day grew Older
the trade dragged. Prices declined 10
OILS cents, native steers being the
weakest. Butcher cattle of quality
found good outlet, but other sorts
We're only fairly good sellers and prices
We're barely steady.
| A pronounced scarcity Of good, corn
fed bullocks is indicated by current
supply. Prices are steadily appreciat-
ing, furnishing feeders with incentive
to resume the process of beef making
Simultaneously there can be detected a
hardening in values of feeders sus-
ceptible of a quick finish; otherwise
the feeder market lacks animation
Clearance of all steers could not be
effected before the close yesterday
Sellers did some strenuous riding in
efforts to get rid of holdings without
ceding some declines from the strength
ened price level in force in the early
rounds, most of which efforts were in
the end unsuccessful, since shippers
like the killers buyers, had their orders
pretty we'll filled before they became
lnSiStent that general declines he
granted them.
Hogs weakened a trifle before the
close, tho most of them had been dis
posed of. The late trains were re-
sponsible for the final weaker tone,
some sellers deciding to hold their hogs
rather than accept the reductions. The
bulk of sales were made at SOLO cents
higher and in some cases a Is cent adj
vance was reached.
A good corn crop means later mar
ketWard movement Of hogs than last
year and more pounds of product in
the winter supply. In most sections of
the hog belt such is the assurance of
full corn cribs, that stock hogs are in
demand for maturing purposes and
pigs are very scarce on the market in
consequence. Last fall Indiana, Mich
igan. Illinois and Wisconsin cashed in
little pigs by the thousand; at the
present short supply of mature hogs
from that territory is the logical result.
Everybody with a crib full of corn is
anxious to feed out a bunch Of hogs
last three months of the year will
probably be much lighter than In 1905
in consequence
Midweek supply was very light, the
estimate being but 5000, while the
stale stock numbered only 4,100. Sup.
ply was similarly light elsewhere the
five principal western markets having
but $4,000 against $1,000 a year ago.
The half-week run here is 10000 less
than last week while the five principal
western markets show a decrease of
IS, 900. August receipts to date are
$4,000 hess chan last year, while ship
pers have bought practically the same
number as then
Sheep.
Sheep closed unchanged. Lambs
were 1905 cents lower. Common and
medium natives caught the bulk of the
decline.
While western lambs have declined
SOC, or more natives have been hit
even harder, as is always the case
when packers are able to take their
pick among westerns. Statesmen de-
clare that they are selling natives $50
81 lower than last week, all things con-
sidered, as the sorting process has
been vigorously conducted. Some good
native lambs are selling around &c and
| lot of them around &c.
Yearlings and sheep had their break
early and have not been seriously in
| volved by the big slump in lambs this
keew. If they were put much lower il
would be a case of peaceful contisca-
| ton anyhow, and both fat yearlings
and sheep are selling down close to
where feeders will take them. Feeder
trade shows little change and country
| buyers are disgruntled, because the big
| western run of lambs this week has not
yielded a larger proportion of thin stuff
Breeder trade is not about the same
rut as it has been since Kentucky quit
| buying on account of the quarantine