Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-09-30
HOGS GAINED PERcEPTi1LY ON
EARLY BUYING BY SHIPPERS
AND ScALPER ACTIVITY.
PRIME QUoTAeLE At $3.50.
PACKING HIGH As $4.s5
Cattle Prices Not Much Changed But
Variations Toward Lower Levels
Weeks Raid on Steers Forced Mar
ket Down so to 75-Sheep Run For
Week Broke All Records.

| Chicago, Sept 30-Hogs gained per-
ceptbly in prices this morning, the
first upward movement of the week.
/ There was an early buying movement
from shippers. supplemented by activ
! ty on the part of scalpers. Prime
/ hogs were quotabe up to $3.50 and
4 packers were paying as high as $500
for packing hogs.
/ For four days this week the total
run amounts to $4,000. against 10000
/ last week and 90 900 a year ago. While
! this supply is by no means large COM
pared with other wears. the fact that
/ prices are SO high has curtailed the de-
mand Very much Friday the principal
five markets OF the west had total
Of about $4,000 hogs. which makes
las. 900 for the week thus far against
1928 600 last week and 10000 a year
ago.
Cattle prices were not much chang
ed but there were variations from the
values of the preceding day They
were on the side of lower levels The
raid on steer values this week forced
prices off 30 to % cents. choice heavy
sorts being the greatest sufferers.
Market Is simply on bedrock basis
now. which demands a slowing down
in country shipments If Improvement in
in prices is 70 be had within the next
few weeks Situation in beef trade is
reported such that high costing car
casses are claimed to be offered on the
market at rates which medium grades
sually command but even at that
there is feeble consumptive demand
and in view of the continued big runs
in the last few weeks the fact that it
is badly weakened trade now is sure
~ logical. Markets have sim ply been
overloaded with the inevitable result
that conditions on the selling side have
dropped into meenest shape in months
past.
Good to choice beeves show greatest
decline, by reason OF the fact that the
public is showing partially to medium
and cheaper priced beef Killers in
freezing meats for the future want the
cheaper priced stuff. and they are buy
ing accordingly, Hence, preference is
lower prices cattle as against the we'll
fed classes, which latter are selling a
rates in good many cases lower than
cost : produce them. Sales the past
few a., above 81 included numer-
country than the price realized here.
New York is worried over the beef
outlet since big stocks are on hand and
moving slowly, and thus the shipping
demand is a small factor in helping out
the local situation. Three Jewish holt
days the fore part of next week will
cut down consum ption and on this ac-
count many New York orders, which
are usually filled Wednesday and
Thursday, have been absent.
Looking ahead to next week, the
trade demands sharp check on native
marketings Present situation is such
as warrants as near 10000 to 1000 ma
tives as possible for next Mondays
market. and even With this supply.
should westerns roll DIP little heavy,
there can not be much hetterment in
the trade Choking off the shipments
of finished natives is the only cure for
the present decentralization Of affairs,
and when such kinds are bought be-
low cost of production it is time. sell
lers say. that the country should take
cognizance Of the badly depressed state
Of affairs and act accordingly
Sheep.
The sheep run for the week breaks
all records and for the month is 69O,-
900. compared with 533 500 in Septem
Der last year. Notwithstanding these
heavy receipts prices today were about
steady.