Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-11-05
OGSa.OW ANDLON[R
AVERAGE DECLINE OF CENTS
FAILS TO TEMPT PACKERS
TO BUY.
SHIPPERS PAY BEST PRICE,
ss.121s FOR ToPPY STUFF
No Material Change in Cattle Price
Levels, Nothing Attractive Being Of
fered-sheep and Lambs Stronger
and in Demand-ouotation in the
Market Centers.

and lower, the average decline being
about cents. Packers gave meager
support to the early market, and even
later in the session, with declines con-
coded. they did not take hold very
freely. Shippers paid the best prices,
buying toppy stuff at ss,121s.
Increased SUPPLIES have thrown the
market for all but strictly choice steers
into considerable weaker state than last
week. A week ago there was gener
al bracing of prices, but this week, bar
ring choice heavy grades, the trend has
been downward and nominal prices to-
day for bulk of the plain, fair and med
ium to pretty good steers showed de-
clines of 15@30c and as against
high point at the start last week
most of the s5.oo@7.oO steers were
down 25d soc, While in some cases
late sales of steers at s6.00d6.75
have been quoted 50@60 lower How
ever, the kinds of value around s725
and above this week have not shown
very appreciate declines. The trade
for these has been quite uneven, but
While some of the S. kinds held steady
the majority of transactions have been
loo l5c lower. On the other hand most
of the steers salable up from $50 have
held at prices well up to the levels of
week ago. The supplies of strictly
choice to prime kinds. however. have
been so small that a steady to firm
market has not been a criterion. A
Very scant quota has landed within
range of s7.S5@S.50 this week and
1n-. Of
beeves have sold higher, these ranging
up to sS.I0d9.10. Even for the latter
the demand Wednesday was not as
good as on Monday. Barring these few
shipments it has been a s7.50@S 90 mar
ket for Well-finished beeves and due to
the unevenness of the trade some of
the kinds which have gone at 81 of late
have been claimed by the trade to rank
Well up with the $50 lots, particularly
when the carcasses were hung up in
the coolers.
Cattle.
Cattle showed no material change
from yesterdays price levels there be-
ing little to attract the attention of
buyers.
The provision market is becoming a
a line of fully 5000 ties. January lard
by Logan Bryan was the sustaining
factor in the market, and the trade was
at loss to know whether the pur-
cha ses We're for the packing interests
or not. There was some talk that the
purchases were for traders who have
made big money in cotton recently. If
this was the case the buying was not
regarded as bullish feature. but on
the contrary should it develop that
the purchases were for the large pack
ing interests it would be a different
matter. Some of the bears claim that
the hog movement is approaching last
years level nearer every day and that
the movement will ultimately be a sur
prise to everybody. Other traders are
of the opinion that the movement will
continue moderate. Cash lard prices
were again higher relatively, and on
account of the high prices being paid
for all kinds of raw fat in other forms
than lard the yield of rendered lard
from the present killing of hogs is the
lightest in the history of the trade.
Prices are high enough to discourag e
new outside buying, but should the sit
uation continue strong in regard to
the hog movement no material decrease
in consumption is looked for on ac-
count of the high altitude of values.
Sheep.
Lambs were strong and a little high
er, best natives selling at $40. Sheep
were actively in demand, both west
ems and natives. Choice heavy, ma
tive ewes went at $500.