Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-10-06
PRIME CATTLE GO SAILING
AMONG THE CLOUDS AND 50
STEER is IN SIGHT.
PRICE FOR NATIVES
SINCE 1eo2-ApvANcE 80 CENTS
Packers Use Hammers on Hog Prices
and Slump of IS to 20 Cents Fol-
lows - $500 the Top Price Paid -
Receipts Light and Shipping Demand
Lackine-sheep and Lambs Lower.

Chicago, Oct 6.-Prinle cattle sailed
among the clouds this morning. The SO
steer is almost in sight Top native
steers sold this morning at $3.50, the
highest price paid in the local market
for native steers since 1902. This figure
has been passed many times the last
few years, but only in the case of show
cattle. The best steers showed gains OF
cents higher than the best previous fig
ure of the year. All classes of native
steers with the exception of very COM
mon were stronger, and western steers
advanced 10 cents on an average.
Western butchers also were higher.
tho natives showed little change
Two days receipts this week total
SO. 500. the Monday actual arrivals hav-
ing exceeded estimates by 1900. Mon
day arrivals were largest since last
January. and the fact that there was
such scant proportion of really choice
10 prime steers included we'll indicated
a shortage of finished beeves in corn
belt feed lots. However. as corn stays
high in price. the country seems IN
clined to cut loose with a good many
shortfed and warned-up steers. and
it was this overflow Of the plain and
medium classes in Mondays market
which upset the price basis again and
forced recessions of 10q 25c in values
from high point last week
Only the prime lots have escaped de-
clines but these We're so scarce among
arrivals as 10 be no criterion. Last
weeks sharp price boost was expected
to develop liberal run this week, and
expectancy has been materialized. The
two days supply at $4,000 stands $500
in excess of markelings a week ago, bus
as compared with a year ago the sup
ply still shows $500 decrease.
/ Killers strong preference for the
western range steers as against med
iun and plain natives is likely to hold
the prices for these down later this
week in event of any very liberal re-
ceipts. Rangers are being bought Al
prices which make them appear rela-
lively cheap com pared with the $500
$50 kinds of natives since westerns arr
/ killing out well and the natives are not
Also the shippers show partially
towards the good westerns. However
beef trade does not appear to be con
( tracing much from the volume of las
week, and killers seem to need botf
the natives and westerns in fairly lib
eral quota.
Hogs.
Packers hammered the market thi.
morning and prices we're lowered abou
10 cents, and in some cases as much a.
20 cents. Top was $500. Receipts were
light. and there was little demand OF
shipping account.
Total stocks of cut meats at Chi
cago, Kansas City, South Omaha, ST
Joe and Milwaukee as compiled b.
C. D. Forsyth & Co, aggregated 113,
200, 100 pounds, showing a decrease Q
61,151 ,269 lbs. during September an
compare with 157.129,461 lbs. on Oct
1, a year ago Total stocks of con
tract pork are 1882 brls., compare
with 20,4o5 brls. month ago an
53952 brls. year ago. Stocks of con
tract lard are 34,e9l tics. compare
with 4S7o1 ties. a month ago, and l02,
; 267 ties. a year ago, While stocks c
contract ribs are 9671,743 lbs. com
,, pared with 15,41S,329 lbs. month ag
and 24,S24,5s4 lbs. year ago.
, Sheep.
: Lambs and sheep We're both 1901
cents lower on the bulk, thru heavy re
ceipts.