Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-09-06
HOGS ON IOBOGGAN,,
PRICES HAMMERED
LOWERING OF
PRICES MAKES DECLINE OF
20 TO 80 IN TWO DAYS.
NOTHING IN PACKING LINE
SOLD AS HIGH AS 81
Strength in cattI. Market for Choice
Sorts, With Prices Passing Cent
Mark-shesp Without Price Change
Tremendous Run Of Lamb. Breaks
Prices.

Chicago, Sept. 6.-Packers again
hammered the hog market today.
Prices dropped sharply and were 10115
cents. lower. making 2ed3O cents de-
cline for the last two days. Nothing
| III the packing line reached $500. Bulk
OF butcher or light weight hogs did not
exceed 1925.
!; Packers not only insist that = the
country is full of pigs, but that grow
ers have been staying with old hogs
/ since. the price began to rise. John
Roberts of Roberts & Oake. got back
! from a scouting trip yesterday and
i said he saw pigs everywhere. and al
/ tho they may be a little late ow-
irS to dry weather they will be hogs
later on. 81 believe from what saw
and heard that the whole country is
raising the largest pig crop in years
! said Roberts. land is not only making
a new crop of young hogs for next
winter. but holding lot of sows. Ever
/ since the hog market began going up
t late in May the country has been con-
! fdent that hogs would pay their board,
| and has been staying with them. When
| the crop of sows is cut loose there Will
be nothing TO il but lower market
| A year ago this week s10.10 was paid
! for hogs. and sS.9069.70 took the bulk.
There were 5000 hogs added to the
early number at eleven points Tuesday
| by the increase in the run at Chicago
of from 1000 to 10000. thus making
| the combined total $500. or lO.60o
more than week ago and 1900 more
! than year ago, and 1890 more than
! corresponding Tuesday two years ago.
! Chicago had 5000 more than week
| ago and 1000 more than year ago
! Kansas City was credited with LOU
; more than a week ago and oooo more
! than a year ago Omaha had 1000 less
| than a week ago. ST. Louis received .
600 more than a week ago and $500
more than a year ago st. Joseph nao
| 200 more than a week ago and 1000
more than year ago. Sioux City had
900 more than a year ago. Total tor
! two days this week $4,000, or 14.ooo
more than same time last week. 32.ooo
more than like period last year and ~
900 more than corresponding two days
two years ago. Total for 1911 TO date
1s.4s9 600 or 1861 900 more than same
period in 1910 and $4,000 more than
corresponding time in 1909.
Cattle.
Cattle We're steady to strong Tor
choice sorts. the Scent mark was
passed. and prime steers were quoted
in some cases 10 cents higher.
The trade now recognizes the fac;
that the break on good cattle last week
would have been avoided had the rush
IT demonstrates what
the presence of few cattle more than
killers actually need, enables buyers
to accomplish.
Shipping demand is still light both
on killing and feeder account. A year
ago every section of the country east
of Chicago was buying stock cattle
greedily but few are going in that
quarter now. altho revival is likely to
occur at any moment.
Exporters are buying a few this
week. Toronto had pretty good run
yesterday and there is scant differ
ence between the S675 stuff here and
Ontario grassers selling on a $6.25
basis at Toronto and it is cinch of
the lead pipe variety that if the tariff
bars were down now the Ontario crop
would be dumped into Buffalo.
Eastern grass beef is running some
what freely now, cutting off shipping
orders.
Since the market has reacted traders
figure that it will not be as easy for
killers to again smash values for top
kinds as was the case last week, for
rea son that the country has liquidated
biggest dose of the choice to prime
grades and will not be in mood to
ship freely again for some time
! However, the medium and plain
grades which are now selling little
better than recently. can easily lose
their strength. Three roads reported
500 cars in sight for today. which the
trade took to mean big mid week run
of mediocre quality natives and rang
ers, and if a slump doesn't come with
it there will he some surprise. Killers
are decidedly ayers to allowing mar
ct to again reach the high summit of
j: mid-August. That price basis and the
consequent boost in wholesale and re-
. tail values cut down the demand for
beef to great extent, not alone locally,
but in the east and in order to keep
, beef moving with any regularity 1t is
; necessary for the killers ITO trim the
prices down a little and grant a few
concessions to the consumer which the
latter thinks are due him.
Generous movement Of rangers in
the next few weeks should act as a
ipretty strong leverage on the medium
natives in holding that class from
making new price aviation stunts.
Chicago run in two days this week is
, quite moderate. totaling $4,000 head,
against 1855 head week ago and
40,147 head year ago. Thus far in the
week range crop is 1000 head, against
II, 500 head last week and 5000 head a
, I year ago. At the six western markets
two days supply aggregates $4,000
head, a drop Of 5000 head from week
ago and 10000 head below arrivals a
year ago.
Sheep.
Sheep were without any marked
!, price change, but a tremendous run
of lambs broke prices, which were off
{ 10 to Is cents, with 800 as the top
J FOR prime.
Chicago Livestock.
. Chicago, Sept. Cattle - Estimated
RECIPES for today 1900; market
opened steady.
lBeeve. ........... 5.oo@s1o
Teas steers 1893. .40@ so
IW0RteFn steers =. .;.z- q. 90 q n 0C