Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-11-06
ENTER THE BIDDING LISTS AND
PRICES ADVANCE ABOUT
s CENTS.
RUN WELL CLEANED UP
BEFORE SESSION CLOSED
Fridays Price Level. For Cattle Main
tained-Prime Steers Sell From SO to
ss.1o-No Price Change for Either
Sheep or Lambs-ouotation at vari-
Gus Market centers.

Chicago, Nov 6-Packers were in the
market for hogs today, and as result
prices were strong and the run we'll
cleaned up. The close was about 5
cents higher Prime TO heavy ranged
from s7.a5 to $50. and good to choice
light from s7.75 to s7.95.
The talent is looking for no material
swelling of receipts while this weather
lasts, as hogs are doing well on corn.
Hogs are not coming to market to suit
short sellers and as the demand for the
product keeps normal and reluctant
dealers in land are absolutely forced to
replenish already light stocks, it means
that the very moderate manufacture is
used up as fast as ready Cash prime
steam lard is selling at 21sc and on
much lighter basis after being refined
and even on that level orders for pure
lard are going short every day. Con-
tinental Europe is especially short of
supplies and wants to replenish on
break if it comes, but if decline does
not come traders can not see why they
won't replenish anyway; they are abb
soultely dependent on the United States
for their supply.
| Cattle.
Cattle closed at the price levels o.
yesterday, the market being nominal.
Good to prime steers were quoted at
IS. 90 to $40, while fair to good steers
wene at se.75dS.00
Results of the overloaded situation as
regards medium and warmed-up steers
have been declines of 1898 cents for
bulk of the steers within range of
s5006700 com pared with a week ago,
while compared with high point at the
start last week bulk of the business in
these classes has been at prices $1,000
cents lower and some were down 10
cents. On the other hand, strictly good
to choice corn-fed steers averaging
1900 to 1900 pounds and heavier have
met satisfactory demand and prices for
bulk held we'll up to the level Of last
week. Instances of a little weaker basis
were noted for some of the 1925 @7.5 so
steers Of these weights, but such cases
were very rare, while the $3.50 90
steers met firm demand, as did bulk
of the small crop of beeves which
landed above $500. However. there
was some weakness in call for the
heaviest of the choice grade steers on
Wednesday when Boston orders. which
were a stimulating factor Monday
were absent.
Weight and high quality have long
been in preference by both packers and
shippers, and this week the discrininar
ton in favor of these was as keen a:
ever The supplies of such kinds arr
y continually running shorter and onl.
one Illinois feed lot produced 500
steers this week, which gives some In
dication of the scarcity of such kind
just now, altho the fact that only on
shipper received $500 or better does no
mean that the corn belt is entirely ou
of that kind. There are said to bs
: ready for market a fair quota of strict
~ prime heavy steers the owners o
= which are only awaiting the call OF eN
i porters for fancy Christmas beeves be
n fore shipping them.
d Strong tone in the trade for prim
: steers is always a poor criterion of tn
a situation affecting other classes. how
r ever, and recent sharp declines for tn
e kinds of value below $500 emphasiz
T the inevitable effect of too liberal mar
It ketings of the short-fed and mediur
classes along with the grassers. TIL
d trade has been overloaded with thes
= grades this week and prices we're pu
ID down quite sharply There is need fo
= fewer of these grades of natives Will
IN the westerns continue to come freel.
re A few weeks later, when westerns hav
Y. ceased to come, there should be bette
prospects for the medium and plai
as grades and narrowing of the pric
t range.
j. Sheep.
s. The market for sheep and lambs lla
as no price change to record. Range lamh
were quoted at sS.75@7.25, and native
Il at s6.o0@7.40.
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