Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-11-11
HOG TRADE SLOW, PACKERS RE.
LUcTAMT TO TAKE HOLD
UNTIL NEAR CLOSE.
PRICES ABOUT SAME
AS THURSDAYS low TIME
Cattle Trade at Least No Better Than
Previous Session, Not as Good in
Eyes Of seIIers-Ma OFF for
Week Generally 40 to so Cents
Lallbs Higher Sheep Firm.

Chicago, Nov. 1.-THE hog trade
WAS SLOW. packers being reluctant to
take hold until near the close of the
session. When they bought a few good
heavy hogs at prices about the same
as the low prices of Yesterday a top
of loads OF heavy butcher hogs. and a
few roasting pigs sold ~ $3.50. But
these animals can not be included in d
general hog market.
The hogs coming 10 market are
more than sufficient 70 iii. all needs,
says a leading provision specialist.
The quality was never better and the
heavy receipts in the east show that
ohio and Indiana are marketing their
hogs, and this is a forerunner OF what
we may expect when the western
farmers start 10 clean up, which they
vii! probably do as soon as we get
some real winter weather, 50 far W
have rarely had SO perfect an autumn
for ripening the hog crop and starting
the fall pigs"
Cattle.
The cattle trade was certainly no
better than at the previous session. and
as good. The market is generally 40 20
time of last week, altho there are cases
Whe-c the market is off only about %
cents.
Present conditions can not be inn
proved as long as the market is in a
glutted state. Beef demand fails to re-
spond to the growth in receipts The
retailers are holding beef too high and
consumers are eating less of il than
would be the case We're retail prices
lowered in proportion TO the decline for
steers. Bad news comes out of the east
regarding the ability OF killers TO dis
pose Of beef there and this situation
has been reflected in the market here
this week when the shippers have taken
no more cattle than d week ago in
spite Of a considerable increase in rec
ceipts.
Four days marketing this week stand
az $1,000. the largest for any like pc
Rod in two years, while just $4,000 IT
excess of the run q week ago and 21,-
500 larger than d year ago. Wednes-
days receipts totaled 1880, far eX-
ceeding the early estimates and even
the late guesses among the more con-
servative eStimators. If repetition OF
this weeks heavy marketing continues
in the next Week the opinion prevails
that market bottom Will be hard to
nnd, and il is up to the country to
take the choice of witnessing another
severe price shrinkage In event of big
receipts or cut down the runs and give
the market q chance to brace up d
little from the present badly congested
state of affairs.
1t has simply been a case of glutted
market this week and the declines have
been inevitable all along the line. Feed
ers VINO few months ago bought
fleshy steers at high prices and have
fed them q considerable amount OF corn
have discovered on shipping the cat
tie that the feeder prices OF yester-
month are rat steer prices. of the pres
ent This condition of affairs Is going
10 remain for a time at least. the trad.
believes, and IL will require careful
nursing of the demand before il can be
recuperated TO an extent which will
permit free outlet for beef at prices
warranting the killers coming into the
market once more with big orders and
with SINAI! regard as to the prices at
which they fill them.
Sheep.
Lambs sold higher. best sorts bring
strictly prime lambs might have made
81 Sheep We're no higher. but they
eventually sold better and feeders were
We'll taken care of, go that the supplies
were about cleaned up