Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-10-21
BECAUSE OF eEARIsANEss OF
PACKERS PRICES ARE FORCED
DOWN 10 to Is.
VALUES CLOSE TO 40
BELOW WEDNESDAYS HIGH
All Grade. Of Cattle Steady But But
cher stuH-esst YssrIinss Brought
s7.2s-Fat Lambs Strong and High
err, shsep Quiet, Tho No Good
Wethsrs Reported.

IidIu ellis llOEIHuS because VI tiS
bearishness of packers and prices de-
clined log 20 cents. On the basis OF
prices this morning values were close
to 40 cents lower than at the high
time Wednesday. Breaks this morning
were 1O@ Is cents on lights and 1925
cents on the bulk of heavy and pack
ing hogs compared with yesterday
prices. Packers offered SIS for heavy
packing sorts. Lights were at top
of $3.50. bulk. s9.o0G9.10.
Cattle.
Cattle were steady One lot of year
lings sold at s1.2o, which was the best
price of the session. Butcher stuff was
slow. but prices were about steady.
Prices on westerns was unchanged.
For the four days this week the run
is universally heavy. total of $4,000
cattle have arrived. which stands
against 71,133 week ago and s2,163 a
year ago. and in view OF this big sup
ply ii is not surprising that all classes
of steers have been lowered in value
from last weeks basis. Last Mondays
big run started the prices down hill.
Choicest grades sold steady in the first
rounds that day but market closed
mean, however, Witch eoOO many
wei-hty steers were cashed 10M15
cents lower than week ago. and again
Wednesday these hit lower basis,
while still further decline was forced
for them Thursday. The few lots Of
weighty steers on sale Thursday thus
went full 25 cents lower than last
strong spots on Friday of last week
a ,<
kinds which sold at 7-0o@7.30. In the
medium to good steer line the decline
measured from a week ago is full 25
cents. with instances OF more loss. al
tho the light and handy weight fair to
pretty decent killers show a little less
decline, bulk being quotablei down Is
cents. with an outside drop of 25 cents.
Yearlings have had the call all week,
and altho the medium grades are clos
ing of little from a week ago, good
10 choice yearlings hold well up to the
basis Of last week Reason is apparent.
too, In that the call for yearnns beef
has been strong for weeks past. and al
tho there was fairly liberal supply OF
yearling stuff here this week the de-
mand balanced well With receipts.
OF the four days receipts of $4,000
less than third. or only $4,000 western
rangers have been included, and thus
the brunt OF liquidation came from the
corn belt pastures. Minnesota and Da-
kota feeders cut loose a lot of warmed
up stuff, while there have been heavy
runs of plain and medium short-fed
cattle from Iowa and Missouri This
free shipping makes it apparent that
many feeders are DESTROYS OF getting
rid Of medium and plain steers before
bad wea Their sets In, and view the pres
ent as favorable as any time in the i'm
mediate future for cutting them loose.
Still their anxiety to unload Is throw
ing the market into killers hands. Beef
supplies are piling up above current
consumptive requirements and the re-
suit is weakening state of affairs in
The market which can hardly show i'm
provement until liquidat is checked.
Sheep.
Choice fat lambs were strong. One
load sold straight at 1920. against a
top OF $40 yesterday Western lambs
sold readily at 81. Sheep were rather
quiet tho no good wethers were re-
ported.