Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-11-02
DEMAND BROADENS AND GEN
ERAL ADVANCE FOLLOWED
OF 10 TO is CENTS.
LIGHTS SHOWED GREATER
GAINS, WESTERNS UP 10
Sellers Disappointed in Hog Market,
Opening Prices 10 Higher on specu-
lative Account, But Eastern Demand
Not Good and Shipping Inquiry Linn
ited-Lambs Stronger, Sheep Steady.

Chicago Nov. 2-The demand for
cattle broadened today and the market
was active. The general advance was
1oM Is cents. lights showing a greater
gain. Western cattle We're up about 10
cents on the average. Butcher cattle
did not make the gains that steers did.
active
The matter Of delayed deliveries is
causing concern. If. with ideal wealth
er conditions. railroads are not able to
do better than the showing they are
making now, shippers are asking what
Will happen to them when the season
of inclemency sets in and billiards.
hamper traffic The general livestock
agent of one of the principal western
roads said: Things are going fine.
Haven't had a bad run on our road in
months: shippers are not making a
murmur of protest and our claim de-
partment has been abolished. I may
add. without fear of contradiction. that
| am the biggest liar in the railroad
business"
! Summer pastured and corn warmed
stuff is meeting relatively decent sale.
! These are down only about goa 80 cents
/. from the best prices of two weeks ago,
the decline being only about half that
| which is shown for the $6.50d 100 and
! higher priced stuff. Price readjust-
ment 10 more equitable basis. where
| quality will command its just premium,
! may not be brought about. however.
for some weeks ahead. because the beef
trade is discriminating TOO strongly as
against the high cost for no other rea-
son than that consumers are content
TO take second grade beef at a dis
| count from that which the best cuts
command.
! The butcher is forced to trim down
! his purchases of high costing natives
and substitute westerns
This. TOO, accounts for the relatively
higher selling of short-fed and warmed
up natives tina nshown in the market
for good-quality finished corn-fed
steers. The latter. after being pounded
so severely last week, are now quotably
steady with late last week. the higher
costing kinds having cleared on Mon
day at about steady rates. altho the
market for the medium and plain stuff
since there was big raft Of 1t, finished
lower that day. but buyers willing
/
few at hand Tuesday was not indica-
tive OF impending further disaster.
| Conditions, in fact. are showing a trihe
more brightness tina nsome extremely
bearish sentiment in certain quarters
would lead to believe. and a promise
OF moderate rather than heavy run
| tomorrow, gave the trade a little ray
iof hope for some f-7nness instead OF
further depression. Still banking OF
prospect Of strength in the demand
is a risky proposition now. for the
reason that the trade Is in a position
! to handle only a moderate crop of
good beeves. the conditions east. like
those in local quarters, being decidedly
adverse TO good selling of high costing
beef and temporary reactions in prices
for choice steers can only follow cut
/ off in the liberal movement of such
grades out of feed yards.
Hogs.
! Sellers We're rather disappointed in
The hog market. Opening prices We're
! 10 cents higher on speculat tive account.
/ but the eastern market was not good
/ and shipping inquiry naturally was
! limited.
Sheep.
! Choice handy weight lambs were
wanted and sold at steady to strong
! prices. with a possible top of 1918 for
the right sorts. No fat westerns of
quality was shown. Sheep were about
! steady. but westerns were of inferior
finish as a rule Feeding demand fell
off perceptibly. there being practically
! nothing sold till late hour
j