Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-11-12
HOG PRICES SLUMPEp ALL WEEK
AND FINISH FULLY 40
CENTS LOWER.
CATTLE REACH LOWEST
POINT SINCE 1907
Top for Hogs Week Ago $s.55. Fully IS
Above Present Price-OecIines in
Cattle All tho Way From rs TO 60
Censs-Lambs M ade General Gain Of
25 Cents.

with values fully 40 cents under last
week. Al the close in some instances
greater declines We're recorded. and es-
peciauy on light grades. The top
Week ago was $500. or A. cents more
than was paid for prime mercantile
stun today. The range has narrowed
considerably and on several day. OF
the Week packers We're enabled to BUY
their packing hogs within 81 range OF
not more than cents. While extreme
difference in the prices OF packing
ana good butcher hogs has narrowed Il
about 20 cents.
The spread has narrowed up this
Week l!G,ii it years seasoaahle appear
ance \ week ago $3.50 was paid for
butchers and good packers had 70 sell
around s7S5 Yesterday packers were
in abou; The same notch, while good
hogS looked .09 80 cents lower, and
bacon material has had a hard fall. y
week ago $3.50 $40 bought the 1909
zoo pound delegation. while yesterday
tney " ere selling a, S. down.
The market is no" point lower
,nan q year ago When the bulk sold
at S7.95 q SIS.
Hog packing in the west during the
! laS, Neck totaled 10000. or $4,000 more
-han the previous week. 10000 less than
Ser ago and 2i0.0GG less than the
correspon ding week Of 1908. OF the
545.00o hacked in the west since Nov.
! / Chicago is credited with $4,000, St.
Louis 10000. Indianapolis $4,000. Kan
Sas City 10000 and Omaha $4,000.
Combined receipts at eleven markets
the first five days Of the week 30S.o0o.
Or 1000 less than a week ago. 10000
less than a year ago and $40 900 less
than the corresponding period two
Years ago.
Cattle.
No market IN cattle was reported to-
day receipts being only few hundred.
! There was no inquiry on the part OF
buyers and sellers made no effort to
unsold from the previous market but
decided to hold for Monday. During
the week the declines have run all the
way from % to60. with probably the
great bulk OF both steers and butcher
cattle close TO 40 cents lower. At the
close Of the week there was no doubt
that ii took splendid class of ami
mails 20 sell at a better price than s..
! The price OF live cattle now is lower
than they have been al any similar
date since 1907.
In point OF receipts this week il has
been a case OF a giut at a time when
actual demand for beef was such as
required only normal runs. The beef
market has gone down into a rue with
the consumers demanding retail price
reductions in proportion TO decline on
the hoof before they vii! buy with any
freedom. Wholesale prices. too it is
argued, are too high in comparison with
the situation IN the beef steer market
and until genera! reimbursement o.
wholesale and retail values is had.
things in the steer market can hardly
show material and permanent i'm
proSe,nent With TN. feeder it IS a case
Of accepting for fat steers prices which
many Of them cost a few weeks ago
| as feeders Plenty OF cattle have sold
Of late at 1915 q 6.25. which cost Very
! little under these figures as feeders on
/ the western markets. The freight both
ways, along with big share Of the
| corn the cattle consumed, was thus
| charged up on the wrong side OF the
| feeders ledger. Meanwhile the killers
VINO have bought the beef claim it
isn't going 10 do them any good in the
way of profit for the reason that con-
su,nptive quarters fail 20 enlarge ca
pacity 20 extent which viii permit free
movement, out of coolers.
Medium and low priced stuff has
come off with least loss to the feeders,
but the prices for such classes have still
been numerically hammered al! along
! tn, line
! Yearlings of choice 10 prime grade
| have caught the least shrinkage in
/ value and kinds selling next best have
! been prime heavies. altho these, as we'll
as yearlings are down fully % cents
! from a week ago. Predictions have
come true regarding the III edium TO
/ pretty good steers. They have been
! FOUNDED down 70 basis which not
(, long ago prevailed for feeding stuff
and of late a big proportion Of short
ted steers not even excepting some
heavy longer fed kinds. have gone over
the scales at s5.5oa5 90 and Sc bought
steers good enough for any butcher.
Packers have put up liberal amount
of decent quality beef at a cost around
$1,000 $40 and delved into the feeder
offerings for some weighty common
grade steers at cost Of $4.401475.
This price basis should be low
enough to afford general satisfaction
/! even 10 the most persistent hear, but
whether cattle Will go still lower is a
matter for feeders regulation. Another
run next week can only affect further
serious price declines and it is UP to
the feeders TO act accordingly
Sheep.
Only few sheep and lambs were
offered today and the market was quot
ed on a steady basis. The general gain
for the week has been about "a cents
and the right quality Of lambs un-
doubtedly would sell to killers around
81 at the close. Al the same time there
has been a weak tone in sheep.
Sheep and lamb values have been
week, matured muttons on rough,
sticky road by which they have landed
a: the furtherest down the line" sta
ton reached this season and lambs on