Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-11-15
WITH EXCEPTION OFFER PRIME
SORTS PRICES ARE FORCED
DOWN 10 to is CENTS.
HOGS ADVANCE CENTS
BUT MARKET LATER WEAKENS
saIes Made at 1925 at the Opening,
the Highest For More Than Month
Packers Fail to Follow the Market
to the close-sheep and Lambs
Steady But Demand is Slow.

Chicago, Nov. 15.-The run of cattle
today was very heavy, and native
steers with the exception of prime
sorts were 10D15 cents lower Butche,
stock was steady.
Range cattle competition has been a
factor tending to weaken the marke,
for medium and plain warmed-up and
short fed native steers since last Mon
day. Altho range supply was not as
large as week ago quality continued
good and many of the buyers consid-
ered.the westerns cheapest cost in the
beef. and accordingly showed keener
favor toward them than the natives,
with the result that westerns have gone
freely turnout and closed higher than
last week
Shipping orders We're the sustaining
force in the trade. Demand from the
east was broad all week. especially for
good 1900 to 1,400 pound beeves to
cost s6.7567.75, and hardly enough of
these classes We're found to fill the de-
mands. However, the keenest shipping
demand called for choice grade 1.400 to
1900 pound steers and even heavier
lots, but these formed such a slim pro-
portion of the run that the sales of
such kinds at prices upward of SO We're
not a criterion of the market. Volume
of shipments for the week was 29,500,
only 1000 shrinkage from a week ago,
in face of a decrease of 5000 in the re-
ceipts, and this indicated the strength
of general shipping demand. Exporters
bought moderately at the start of the
week. but since then there has been
slim call for prime steers
While the demand for prime steers
was keen enough to force these to new
high levels. the highest on the open
market since 1882, it was perhaps for
tunate that there We're very few strictly
prime steers at hand. Buyers can use
only certain number of these fancy
heavy steers, and once they get their
fill of them any little surplus winch
may be at hand is apt to effect a con-
siderable price break. The tendency
seems to be to get a few toppers and
turn to the next best kinds as substi-
tutes for the highest costing classes.
Hogs.
Hogs opened strong and sold at 1925,
the highest for over a month, the gen.
eral advance being about cents, but
packers did not follow the market to
the fullest limit of the early strength,
tho the final recessions did not take off
much from the opening values.
The past week has witnessed a very
even market For four days in success
sion an SS.15 top was made, but Sat-
urday it was raised to $500, While the
bulk has sold closer to the top. 1t has
been a pyrotechnical week in product
and hogs have benefited. There have
been some bad finishes, but these losses
have been promptly recovered.
A year ago S605 was the top; two
years ago 1856. On the correspond
ing day last year a spread of $3.50
$50 took large slice Of the crop, q
lot of light stuff selling at $3.50 go.
Two years ago s5.20@5.40 took the
bulk and three years ago 1t was a
$610M625 market.
at the present rate of decrease in
receipts of hogs at western markets the
shortage of close to 100000 for the
year, or around 10000 900 head" said
a figure doper This would be the
smallest total since the year 1904. The
supply in 1908 was the largest on record
at 19.S10,7T9 head In the ten years
prior to that the range was from a.
794,s73 in 1903 to 1S,450,365 in 1901
This years receipts are just a little
under the average for those years. With
the stimulation of the last years high
prices there is little doubt that another
record breaking rush to market will be
he'd by 1911"
Sheep.
Sheep and lambs We're fully steady,
with native lambs at $3.50 and west
ern lambs of not very good quality at
s735. Demand was slow at the start,
but sellers would not concede reduc-
tons
chic.oo livestock.