Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-10-04
ONLY CHOICE LOTS MAINTAIN
PRICES, OTHERS BEING 10
TO is LOWER.
TOP MARKET;
SHIPPING DEMAND ONLY FAIR
Hogs Down S Cents, Compared With
Last Weeks close-EarIy Sales Made
at Slight Advance But Packers Gain
Control of Market-Too Many Sheep
and Lambs offeced and Prices Slump.


We're steady. Others were slow and 10
OILS cents lower. Receipts were
heavier than the first estimates, rum
ming close to $4,000, and buyers for
packers were inclined to be bearish.
The best animals were yearlings, which
topped $3.50. Shipping demand was
difficult to fill orders. Western range
cattle receipts were about 10000, the
market having a slow, uneven tone, tho
generally showing a decline of 10@15
cents. Native butcher stuff was slow
and about steady.
Because of the competition of west
erns during the past week the lower
priced native steers have shown the
least price appreciation since the lid
was lifted, but still there has been an
all-around pretty good demand for the
S5.00M6.00 steers and also a moderate
call for the kinds ranging down from
$500.
Practically all the strictly good to
choice steers are now back on a price
level the best of the season, altho the
lower priced grades of cheap grassers
and warmedup steers are still little
under high point.
Quality of the supply has not shown
appreciate Improvement. There was
still only moderate quota of really
choice beeves and not many strictly
prime kinds showed up However, as
result of the scarcity of choice beeves
81
forced to take the next best kinds and
pay choice steer prices.
Top for prime beeves was boosted
back to high point of the year on
Wednesday six loads of heavy steers
selling that day up to $3.50. while there
were several other lots at SS256S.45
in the week, including yearling steers
at ss.40 and yearling heifers and steers
at sS.35. The biggest share of the
choice beeves sold at S7.65@S.15 during
the week and a long list of good kill
ers went to shippers at $1,000 $50, with
some for export at the same prices.
Medium to good killers made 5000
6s5, while the plain light grassers went
down around $500 and some rough
light grades down from $3.50.
Hogs.
Hogs receipts We're only moderate.
being placed at $4,000. Packers were
slow to get into the market, but ship
! ping demand seemed to have a little
more life to it and some early sales to
/ shippers We're made at prices little
\ stronger than the close of last week. A
few choice butchers went at $40. The
! big killers gained control of the late
market and prices sought lower levels,
| about cents being taken off compared
with the close of last week. Packing
and mixed hogs felt the brunt of the
weakness.
Expectancy is for around $4,000 for
this week. Packers are anxious to put
prices lower, but the bear campaign
has met with Indifferent success this
week
There may be a lot of young hogs
in the country. but I was unable to
see Them said Charles Cooper, the
Chicago expert, who took a trip thru
Missouri river territory last week col
course ! did my observing from cal
windows" he added, but that is the
4 vantage point from which most of the
crop experts reach their somewha
fantastic conclusions and certainly
did not see the usual number of youns
hogs running in pastures. Opinion il
Missouri river market circles is tina
there is a. 20 to 25 per cent shortage il
the crop and that we are facing an
other fear of high priced hogs and i,
this l concur. / do believe, however
that the corn yield is larger than gen
orally supposed. Frost held off vel
. during September and that Away
means a large addition to the availabl
supply. There will be little soft corr
: and I did not meet anybody making
, audible complaint about Yields in tn
country I travelled. altho general senti
ment was bullish and people who wer
) certain that corn was total or partia
!, failure in other sections were numer
ous'
Sheep.
: Heavy receipts weakened both shee
, and lambs, native lambs being 1902
cents lower, with a top of 1925, an
{ westerns 10@15 cents lower. Shee
n generally were. 10@15 cents lower, tn
v a. few went at prices close to steady