Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-10-07
HOGS STARTED AT STRONGER
PRICES BUT CLOSED AT
DECLINE.
MODERATE BUTCHER DEMAND;
PACKERS RESIST ADVANCE
Cattle Generally Steady, AItho Market
Quet-Best Load of Steers Sold at
S7.25-Sheep and Lambs Steady to
Strong on Fat Stuff, But Easier Tone
For Feeders.

after selling Al stronger prices al lile
opening Of the session. on moderate de-
mand from city butchers, and few OF
/ the soalpers Packers We're obstinate
refusing 10 follow the early advance.
I Best hogs sold at s930 but later in
/ the session 500 looked TO be about as
! nigh a. they would sell, while packers
We're able 70 secure their lots within q
I range of $500 $50.
! The improye Friday added to
! that OF the previous days Of the week
brings the market back to the level %
q week ago Packers right along have
: been making strenuous efforts 10 hold
the market down. hoping The supply
would increass sufficiently to give
/ them a big advantage. The swing or
th,e prices pendulum this week TO a
higher level shows that the country
still has the situation we'll in hand. The
available crop Of hokS is 50 small thar
It seems an easy matter 10 keep re-
ceipts down 10 low figures. and every
time packers make d bearish raid the
supply is invariably chopped off till the
river Of prices rises again TO its normal
level.
Cattle
Cattle were generally steady. tho the
market was quiet. Best steers sold at
$-.1o, tho one load OF yearlings brought
s7.225.
W ill the country act conservatively
IN shipping medium and plsin natives,
as also good heavy beeves for next
weeks market, or shall we have an
other overdose and a consequent sharp
Price reaction from the present much
better situation?
This was a query put on all sides
and in its answer at the start next
~ eek the pulse of the country will have
been felt. Conditions, altho consider
ably improved are not such as give
promise Of continuance under anything
like liberal supplies. After the beef
trade has sunk into a very feeble state.
as was the case week ago. it requires
longer than a few days for things to
right themselves. even tho those few
days bring forth only a considerable
cut IN receipts.
There Is still liberal surplus stock
Of beef in coolers to be reckoned with,
and until this is we'll cleared into con-
sumptive channels only temporary
hunger in demand can be shown, and
that under a situation such as yester-
day, when the run fell far short of ex-
pectancy and caught the buyers with
more orders than could be filed.
Market is conservatively quoted 15a
30 cents higher than the close last
week. but the 40 cent end of the adj
vance Is noted only for good to choice
i strong weight steers, which were so
/ low a week ago and have been scarce
4 this week 1t is largely 15G 25-cent
higher deal for the medium to good
I / 100 to 1900 pound dressed beef and
/ shipping steers of value up to ss.75.
while the common and plain classes
are showing only about 15-cent ad-
vance. Now the question is what VIII
I the country 90 following this price up
turn? In many quarters feeders who
have cattle in pasture and also which
have been on feed a short time, still
snow a disposition to liquidate and
part o;la-ly in the west, where car
4 shortage of late is claimed 70 be re-
\ sponsible for some lessened shipping
iactivity However. liquidation isn't
IA good policy just now unless the sell
ers would be satisfied to accept an
other price break. This surely is in
+ prospect unless there is caution shown
In marketing and it not only applies to
Medium steers but 10 good to choice
heavy kinds.
Sheep.
sheep and lambs We're steady 70
strong on fat stuff. but there was an
easier tone in feeders. as buyers would
nave 70 carry them over till Monday
before there would be much chance OF