Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-11-07
SURPLUS OF CATTLE INDUCED
DECLINES ESTIMATED At
10 TO is CENTS.
BUYERS SLOW TO TAKE
HOLD; QUALITY INFERIOR
Hogs Strong for Heavy on Early
ScaIpins Dem and and Some Buying
BY Shippers. But Little intsrsst in
iehts-Trade Surprised At Liberal
Run of Sheep and Lambs.

Chicago. Nov. Heavy receipts Of
estimated at l0Ml5 cents. Buyers
Were slow TO take hold and early sales
We're not sufficient TO make market
| The quality Of native stuff offered
could not be classed as high grade.
one fact has been developed the last
week, however, and il is that killers
are steering a close to- shore course.
and VIII need a liberal supply every
uaA to take care OF their trade. This
vas demonstrated on Wednesday,. NJ
reserve stocks Of grass beef were ere
ted during the range season Tor tn"
olN iouS reason that the neceSSit, dii
roi EXIST and the stuff cost too I''n
To put away with prospect of pie:tty
OF short-te fed cattle all winter Alb
SCI &c of reserve stock will he a Ill :
/ sci advantage 10 feeders during the
Wlnte. months.
Only few thousand range cat .l@
arrived last week ana killers bought
them gIeedily a general l5-cent ad-
vance. c!amoring for more con-
stantly The season mas not closed
but i in the tail-end phase. The
cleanup viii take the rest o: n
month. but VIII run largely " trash
a sprnkli ing of which is due TO ariiN"
y! onday and Tuesday. The res, oi
the seas n. however, branded stuff
viii bot be frei. .ited with beef.
While q $40 top was mad on o.
furry Of Wednesday. The price WAS not
quotable at the close Of the week, an;
what quality is worth TIE n.atAet
"a. -,;l he. ON, nj NJ mi Va
delicately balanced. Buyers naturally
expect Wednesdays uptu.n 10 .e,cn
over 10000 cattle on Monla.f. and II
50 600 or more arrive prices Will re
F, revised downward. whereas 2S0oh
would ind good market. as che
Jewish holiday season is over AID
Kosher trade is normal.
one result of the diminished sup
Ply of westerns is an active i"mani
for cheap natives. AT the week enc
, they were the only cattle finding any
thing like a brisk market Weight in
natives is at a decided discount If
over 1900 pounds cattle are DO lgn:
under protest: over 1900 pounds one
BUYERS in fifty can be induced to lock
al them. And yet. at the same tirne
last year such cattle were prize pack
ages. Then. available drovesp Of that
weight could be counted on one hand.
nov, they are innumerable. The class
If weishty steers that has been on
fun feed since early last spring is very
conspicuous and plenty OF that kind
is pressing on the market. They have
I slim chance 10 make money for
their owners as preparing them has
been costly.
Last weeks run carried about 40
per cent Of s600MG-5 cattle. stuff that
has been on feed sixty TO ninety days.
and weighing 1900 to 1900 pounds
The Sc 4OM6sO class has been fed four
months OF so. but can not be calle1
lone-f feds. They are fat. however, and
their weight is against them. IS dis
crinlina tion is evident above 1900
pounds AT 400 pounds flesh and quail
ity aye required. and are the selling
agents rather than weight.
Hogs.
Hogs were strong on heavy sorts. on
carly scalping demand and a litile buy
ing b. shippers. but there was little
interest in lights. Good heavy hogs
sold at $40. with lights no better
The break on light hogs has been
decisive the past week and bacon curers
are hammering the market relentlessly.
This spread contracting is seasonable
as lights We're selling away out Of
lire with heavies. With any sort OF a
run Of light this week the two classes
Will approach parity. and the usual
Tuesday gob may be expected from
nearby points.
Trade opinion is that the market is
not likely to steady until all the light
stuff gets under the Scent line and
another depreciation. such as has been
registered this week, will put prices
in that shape.
The spread in prices between heavy
packing and lightweight hogs was
narrowed considerably this week.
Heavy packers closed only 15d zoe
lower than week ago. while the gen.
eral run Of light sales were 4O0 SOC
lower than the previous Saturday.
Chicago's receipts Of hogs were I'M
usually small for the first week OF No
vember. The total at 104.100 was 81
600 below the eleven-year average OF
the corresponding week from 1899 to
1 1909, inclusive A year ago 1Os,s02
arrived. while the corresponding week
4 of 1908 receipts were 1925.
! The estimated average weight OF
hogs last week was lightest in six
! months being stimulated at 237 lbs,
or lbs. lighter than five weeks ago.
when the average at 264 lbs. was the
heaviest for any week in seventeen
years Estimated average this week
stands IL lbs. heavier than year ago
and % lbs. heavier than two years ago.
The average will undoubtedly decrease
still more during the next few weeks.
Sheep.
The liberal run of sheep and lambs
surprised the trade. but was not con-
ducive to much early buying. Weak
ness as consequence developed early
| and remained thruout the session. The
unexpectedly large supply was looked
upon by the trade as the Anal squirt OF
offerings before the dying out OF the
season.
Chicago Livestock.
! Chicago, Nov. 7.-Cattle-Estimated
receipts for today, $4,000; opened weak
| to shade lower.
Stockers and feeders $50. l10@6.50
Cows and heifers ......... 22s@s4o