Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-09-01
MARKET 5 10 70 Giants lt,oHER
At OPENING AND HELD MOST j
or GAIN.
AIDED ~ PvRcHAsEs "
scALPERs AND sH,PpERs
Cattle stsady and Market Nominal.
Receipts seins sars,y Sufficient to
Make Mar<st-shsse stsady to
Strong On Light Run-othsr Mar
ket Quotations.

SHiCdSO, sept. 1--Buylng by Sc0iperS
and shippers strengthened hogs cents
over yesterdays top OF $7.65.
Combined receipts of hogs at eleven
| markets Thursday totaled $1,000. or
SOC more than week ago. 400 more
than year ago. Chicago received
1000 more than a year ago. Kansas
City had 1000 less than a week ago.
St. Louis had $500 more than a year
ago. ST. Joseph had 1900 more than a
year ago, Three days supply was e5l.-
600, or $1,000 less than same period
last week, $4,000 more than like time
last year and $4,000 more than CORE
spending period two years ago. Total
the first eight months this year 1922
600. or 3,64s.000 more than same period
in 1910 and 500, 900 more than CORE
spending time in 1909.
Cattle.
Cattle steady and prices were NOM
inal.
Eight dollars as quotation for
fancy steers is not a surety now, altho
the price may be reinstated next week.
That will depend upon the extent Of
demand for prime grades. Just now
the east is not wanting that kind and
packer buyers said yesterday that they
would not pay $500 for the best that
walked. Prime beef at Boston sells
nov at II cents q pound said q buyer.
land there's no telling just how much
money an $500 load OF steers shipped
there would lose. The same bad situa-
ton applies TO New Yorktoo. and there
you have logical reason for the sud-
den slump in demand for prime steers"
The choice heavy steers were in good
favor a week ago, but this week 1t has
been their turn to be hit. Thursday SELL.
ers cited instances of some sales Of
choice heavy grades late on Wednesday
which were 30G35 cents lower than
best prices Of Monday, but these de-
clines along with some 25@ cents
cuts which were to be shown for 1915
M6.25 steers as compared with Mon
day, represented extremes rather than
the majority Of transa ctions. However,
the general trade is now 1926 cents
lower than last Monday, and shows
about the same condition Of affairs as
compared with the close last week, al
tho the killers are asserting that their
low grade steer purchases Thursday
and Wednesday do not stand them
much more than 1915 cents off from
last week. Comparing the grassy and
warmed-up steers as well as medium
corn feds with top-notch prices nude
two weeks ago yesterday, the trade is
mostly 50M60 cents lower and there
have been numerous instances OF esq
90 cents decline in kinds cashed We'd
nesday and Thursday around $3.50
SIS. On the other hand. drove of nice
11, f9f hea xx-t,: ,6 -; = ~
$3.50 yesterday We're classed as being
worth s1.15 on the market two weeks
ago.
Whether the trade will revive next
week Will depend entirely upon sup
plies. The run in four days this week
is $500, against 5s.373 week ago and
5s,s21 year ago. and since the range
receipts this week are considerably
larger than week ago, the fact that
native supplies have been smaller has
failed to give the market relief from
bearish action, thus making the poorer
beef demand the real reason for price
recession.
Values for the plain ard medium to
good steers have been reduced to a
basis where numerous lots sold by
country shippers have failed to realize
first COST. The feeders face a severe
paper loss as compared with two weeks
aEo and because Of this II. is believed
that many owners Will refuse TO trade
with country spectators OH the basis
of current values In this event a light
native run will hit the market early
next week, but it 10 known that lib
eral range crop is on the way and
there is thus slim possibility of re-
newed demand for beef proving In ex-
cess OF supplies.
Shesp.
Sheep were steady to strong on a
light run of westerns and native aged
muttons. Shorn lambs were steady.
Receipts of sheep at six western
markets Thursday totaled $1,000,
against 1850 week ago. 1880 q
year ago and $4,000 corresponding
Thursday two years ago. Total the
first four days this week, .s7.0Oo, or
10000 more than same time last week,
90 0nn mara thar Yfko rnviod 10 ~ x s>,A~x