Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-09-13
new MARK FER HOGS
ONE LOAD BRINGS $3.50 RurPRlcE
FAILS TO HOLD THRuouT
SESSIONS.
CATTLE SLOW TO STEADY;
NATIVES 10 TO is LOWER
Only Best Grades Maintain Last
Weeks LeveIs-Native Cattle in Fair
Demand But Rangers Are Slow -
Some Strength in Sheep Market,
With Lambs About Steady.

on every class of native stuff, with the
exception of choice grades, which were
about steady at the closing levels Of
last week. The bulk of natives looked
lo@lo cents lower and westerns
showed about the same decline. tho one
string of western steers brought the
highest price of the year for this class.
When they sold at 81 to an eastern
buyer. The top for natives was SS.25.
Demand for COW stuff was fairly good
In the native division but slow in rang
ers, which were 10 cents lower
Receipts for last week totaled 81, 500,
against 52,949 a week ago and B2.949 a
year ago, but the increased run was en-
tlrely confined to range marketings of
which there We're 10000, against $4,000
the previous week and $4,000 a year
ago. Native cattle run at $4,000 was
the smallest of the season and carried
nghtest proportion of choice steers in
many weeks. There were orders for
a good many more choice steers than
showed up, and it was the keenness of
demand which forced prices for all
good steers of value above 1915 to new
high levels of the year
Expectancy is for continued strong
prices for finished steers. The outlook
points to probable small marketings of
finished steers for the next six weeks
and an encouraging situation exists in
beef trade. where packers are getting
hlgheSt prices In months for best loins
and ribs. Predictions have been freely
made of late that top steers will go
considerably above present levels dur
ing the next six weeks.
Last week prime steers topped at
$3.50, % cent bulge on a week ago,
while 60 cents higher than TOP a year
ago. Compared with top a month ago rs
cents advance was shown. Other prime
steers, including yearlings sold at $1,000
SO, the yearling topping a $S.15, while
fairly liberal quota f good to choice
grades went at $7.40@7S5. Big end of
the good killers and shipping grades
sold at S6.75@715, with medium to
good killers at s5.s5@6.5O, while
liberal supply of grassy and short-fed
steers went at s5.25@5.75, with common
and plain light grassers at $4.25m 90.
Last weeks average price of good
beef cattle at Chicago stands the high
est since 1902, or $685. being Is cents
above corresponding week two years
ago and S1.25 higher than the general
average of the corresponding week dur
ing the past eight years, from 1901 to
1908, inclusive.
Hogs.
Hogs brought the best price of the
year when a scalper paid $3.50 for one
load, but the market weakened after
the first hour and did not average
I,af
the better grades was fair but the big
killers were opposed to the advance.
How much longer Scents will be
quoted in the hog market is matter
in some dispute, but the high market
has lasted an unprecedented long pe-
Rod. On March IL the 7-cent hog
made it's initial appearance and on
April IS a .71a cent quotation was ee-
tablished On June Ia the S-centar
and, with the exception of a
few days has been conspicuous fea-
ture of the trade ever since Never
before in June has an Scent sale been
quoted on the Chicago market, or any
where else in the west, and while IN
1902 prime heavy hogs sold UP TO
$500 the present trade has no parallel.
Only in three previous years, 1884.
1903 and 1907 We're 7-cent hogs quoted
in June and only four previous years
have seen tx cent hogs In April, they
being 1884, 1893, 1902 and 1903. Pres
ent prospects are that the September
market will rule higher than that of
August, as no increase in supply seems
possible. Formerly a 25-cent advance
in prices started run, but even bid
ding up the market fails to incite ship
ping by the country now No 9-cent
prediction is heard in market circles.
but cheap hogs are selling so close to
good ones that the price is not inn
possible.
Supply conditions last week dem
onstrated that no hogs are crowding
on the market. If they were prices
would have brought more of them The
high point of the week, and the year,
was reached on Thursday, when 1885
was paid. The previous 25-year-top
in September was in 1902, when $500
was paid Talking on this Charles
Cooper said: IT do not believe the
general run of stuff ever went to kill
ers at prices as high as this week. I
recall that in 1882 we paid $3.50, but that
was for fat-backs in a year of extreme
scarcity, when they commanded pre-
MUM of $100@1.5O and mixed stuff
was worth but s7.50@8.0O at the same
time. This season the whole crop is on
a lofty basis.
Sheep.
Sheep were steady, with some show
OF strength iii a few cases. while the
better grades native and western lambs
were about steady, and undergrade
lambs 10 cents lower.
Chicago Livestock.
Chicago Sept. Observation-Disclosures