Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-11-22
OFFERINGS ON CHICAGO MARKET
HEAVY AND PRICES TAKE
A TUMBLE,
MEDIUM SORTS SELL
10 TO 20 CENTS LOWER
Butcher Cattle is to Is Cents Lower
Hog Market Slow and Prices Down
10 cents-Packers Refuse to Bid
Sheep and Lambs Feel Downward
Trend Of Market.

cattle caused weaker tone and {
general decline in the bulk of stuff
The class of native steers which suf
fered the most were the in-betweer
sort, and these We're 10000 cents low,
er. Butcher cattle were 1925 cent:
lower.
Quality of marketings has beer
poorest in months. The proportion OF
really choice steers received on Mon
day was very meager, and while there
was little larger quota Wednesda.
none came other days. The meagel
supply of heavy beeves which landed
above SIS, however, seemed to fill about
al! the orders, since killers and ship
pers have been little wary to buy lib
orally Of the high priced kinds. In fact
there has been freer tone to the trade
for the s7@7.50 lots than the classes
costing higher A few of the highest
priced beeves seem to go long ways
with the killers, who are inclined to
cheaper the cost of purchases by TAX
ing the s7@7.5O kinds as substitutes
where such will fill in.
AS regards quality, however, the sup
ply of good 1900 to 1,400 Id. killers
has also been small, biggest quota of the
run this week being medium and warm
ed up steers which owners seemed de
sirous of liquidating freely to save feed
South Dakota and northern Iowa con-
tributed liberal quota Of steers,
which indicated that they had not eat
en- freely of corn.
Shippers We're free buyers of the good
quality strong weight steers all week.
preferring the 1900 to 1,400 lb. weights
for New York trade, but due to the
scarcity of 1900 Id. and heavier kinds
these were also free sellers
Packers showed preference for good
grade western range steers as against
medium LOO to 1900 lb. natives, but
still beef demands were such that as
compelled liberal patronage of the ma
tives. Killers are not carrying any very
big surplus stocks of beef now and nor
mally good consumptive demand in
duces them to buy freely altho the
outlook for the coming week is not
encoura ging to good beef demand
Poultry consumption will naturally get
an impetus because of the Thanksgiv-
ing holiday and cattle shippers will
show good judgment in holding down
receipts Of medium and plain grades
Hogs.
Hogs We're generally 10 cents lower
with the market slow and packers
holding hack.
Packers are still confident that they
will soon get more hogs, but there was
an actual decrease in receipts at the
five principal western markets al
the five principal western markets last
week Chicago, Omaha and ST Louis
SHOW slight gains, but Kansas City and
st. Joe are deficient. Details Of the
movement are printed in another col
umn. Total arrivals of the week at the
five joints are 100000, against $4,000
last week and 451.000 year ago.
AS long as weather conditions con-
tinue favorable and hogs are making
gains they are not likely to be Jared
loose from feeders hands in any con-
siderable number, as country senti-
ment is logically bullish.
Current conditions are in striking
contrast to those of a year ago, when
1918 was the brunt and $3.50 OF
took the cream of the crop. Characte,
of supply was much different then, the
market being glutted with light and
pig stuff, making the price spread much
wider. There was plenty of good light
at s5.50@565 then, and a conspicuous
showing of s400@5.00 pig mixed stuff
Two years ago panic influences We're
operated and mixed stuff sold as low
as 81. In fact, Armour put up drove
at that figure and light mixed sold n.
low as $3.50 1t was that market thai
made current high prices possible
Sheep.
Sheep and lambs did not show mucf
decline early, but buyers were bearish
| Indications We're that final sales would
show a marked decline