Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-09-26
PRICES DROP 10 CENTS ALONG
THE poac,NE 81.
VISION.
PACKERS eEARIsHNEss
AFFECTS OTHER BUYERS
Exsrem. Top For Day 81 Cattle
Trade Slow But Prices Not matsr-
tally Lewer-shesp and Lambs Weak
and Prices OF 5 to is csnts-Day's
Market Quotations.

Chicago. Sept ga decline Of abou:
10 cents was registered in the hog
market today, The bearish attitude OF
| packers was reflected in other buyers
The extreme top for hogs was 800
Liberal marketing Of hogs was gen
eral AT rlose markets Monday, and the
combined total at eleven points was
$500, or 1890 more than arrived q
year ago, 5000 more than showed up
q year ago ana $1,000 more than were
received the corresponding Monday two
years ago. Chicago was credited Wit.
5000 more than a week ago and 1900
more than year ago. Kansas City re-
ceived 1000 more than a week ago and
twice as many as a year ago. ST. Louis
mad 1900 less than week ago. but
$500 more than year ago. ST. Joseph
had 2.400 more than week ago. Sioux
City received 1900 less than a year
ago. Total for 1911 to date 17.533.0o0
or S.96000o more than the same pc
riod 1910, and 1.015 600 more than the
corresponding time in 1909.
Last weeks average weights dropped
away below the estimates, or 219
pounds, being the lightest average for
any week since March, 1910, standing
pounds lighter than previous week, II
pounds lighter than a year ago and 10
pounds lighter than two years ago. 4
year ago this week the proportion Of
pigs numbering among the arrivals was
very small; in fact, SO small that the
average weight at es4 pounds was
heaviest record at Chicago in about
ten years. From the week OF Oct. l.
1910. to the week OF Nov. just five
i~h
pounds from 20. pounds to e33 pounds.
a year ago this week top hogs sold
at 1855: two years ago at $3.50: three
spending week OF 1905 at $3.50. The
1910 was 1878: two years ago. $s.14:
three years ago, s6.l5, and in 1905.
s542
Cattle were slow but not maretially
lower.
Analysis OF the cattle situation sug-
gests state of uneasiness among corn
belt feeders which is hardly called for
in the light OF country supply condi-
lions
Twen,y-nine thousand cattle for
Mondays market and proportionatelE
heavy runs west certainly We're not
called for by trade conditions Of last
ween
Poor demand for all excepting choice
10 prime grades then was suggestive
Ct relatively shor. need for beef among
the packers and eastern shippers.
Jewish holidays have cut down The
consumptive outlet and the fact that
beef al retail is high costing is ar other
inducement for the consumer to 80
slow in making purchases.
In face of these adverse conditions
affecting retail outlet it is highly sig
nificant that big run Of steers at
markets now is entirely out OF place.
II can have Only one eff1ct--That OF
putting prices down TO a lower basis.
Surest regulator OF market conditions
is the demand Cor beef. and when there
is small consunp.ive outlet the trade
need expect naueht but poor demand
from killers.
Rangers form a generous portion OF
the receipts. but obviously the native
crop is above trade requirements.
Quality running lover than in recent
weeks suggest an uneasy feeling over
the corn situs ton which is hardly .ogi-
cal now. since so much Of Il is already
cut OF the way Of frost, and the genera.
crop is going to be larger than mid
season expectancy.
Fall grass situation. on the oshet
! hand. is not conducive to alarming
sentiment regarding the cheap feed
! supply. Pastures generally are in pref
! " good shape. made so by heavy rains
/ this month. and this should be some
| inducen1ent for cattle owners to keep
! stuff in pasture.
! Relatively high cost OF feeding steers
should suggest to those who are hqui-
dating beef cattle that when they buy
more feeders the cost will be dearer
Thus it would appear good policy fol
tie owners of immature beeves TO hane
ionto them and make beef from the fais-
" generous feed supplies now prevail
ling rather than liquidate and face
strong competition in the market from
western rangers.
! After the rangers are gone there VII
be need for generous quota Of the
natives OF kind which now show merely
medium flesh.
Sheep
! Sheep and lambs were weak ana soie
! off ana Is cents.