Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-11-08

Chicago, Nov. S.-A new mark IN
steers was made today. top beeves
crossing the scales at 1925. tho bulk
of cattle sold lower.
Market has assumed such a state OF
unevenness that it is the hardest kind
of a job to distinguish appreciate diff
! ference in cattle on the hoof costing
5000 as against those at $3.50, and the
same applies to steers selling around
$500 as measured up against stuff
which lands at $3.50. Buyers and sell
lers both state that they are expert
ercing all kinds of difficulty in naming
the first figure" in trading for these
kinds, and with the sellers IT is usually
the case of naming the first figure high
enough and fighting to sustain it in
trade, tho they are willing to grant
concessions in the matter of fractions
of dollar.
So much Of the stuff is OF uncertain
killing ability that the buyers are wary
to bid for 1t, and this accounts for the
wide discrepancy in prices these classes
bring. good sale depending to great
extent upon the manner in which the
buyers size up the stuff. This situation
applies to some extent in the selling OF
1915 500 stun, as we'll as the split
trades in these classes often landing as
much as % cents and even more apart
while split consignments of stun
worth anywhere from $500 to $7.25
have sold of late as much as 35 cents
to so cents apart.
This accounts in a great measure for
the wide discrepancy in quoting mar
kets one day with another. not only
among sellers. but the buyers as well.
1t is the annual period of widespread
in prices, when the trade is running out
Of grass stuff into the stalk-fed kinds,
and there is great amount Of jockey
ing to establish an equitable price
basis fixed upon intrinsic values Of
the stuff.
With the choice 70 prime steers the
situation is different. That kind have
stable value, since they are carcass
makers, and by rea son of the relatively
small quota Of them included in sup
plies, the declines for common, medium
and pretty good grades have not ma
terial effect on the higher priced sorts,
as evidenced in every week OF the past
six or seven, when tops have gone
! higher despite sharply fuctuating val
ues for all other classes.
| From a receipt standpoint there is
ample reason for decline in prices IN
the trade below choice steers. Two
days receipts at Chicago this week
stand at AZ, 100. against 5000 week
a go, and 1905 year ago. while at the
six markets the run is $4,000, an in
crease. of 1000 over last week and 49,
900 more than a year ago.
Hogs.
Hog values were off cents. Top
was S6.371a. Trade was better than
| the early prospects Indicated.
Combined receipts Of hogs at eleven
markets Tuesday totaled 106 00O or L.
| 400 more than a week ago. $4,000 more
than year ago and 10000 more than
the corresponding Tuesday two years
ago. Chicago received 5000 more than
q. year ago. Kansas City had 1000 less
than a week ago, but 10000 more than
year ago Omaha had 1000 less than
a week ago and 1900 more than year
ago ST. Louis had 1000 more than a
week ago and $500 more than year
ago ST Joseph had 1000 more than a
week ago and 1000 more than a year
ago. Indiana polls had 1900 more than
a year ago. Total thus far this week
5i1.101, or 1900 more than the same
time last week, $4,000 more than the
like period last year and $4,000 more
than the corresponding two days two
years ago. Total for 1911 to date, 90
100000. or 1850 900 more than the same
period 1910 and 1.5670oo more than the
corresponding time 1909.
Sheep.
Slow buying in sheep kept the mar
ket on a steady basis.
Traders called the total run Tuesday
80 900 at the start and later $4,000 was
the most popular estimate. while q
week ago 25,59s were received and 6
year ago 221S2 showed up. Total thus
for this week $500, an increase Of g.
600 compared with the same period las
week. and a decrease Of 1900 compared
with, the corresponding time last year
Six markets had SO 200 sheep Tuesday
! against 71.4o0 a week ago and only
81 900 year ago. Two days total foot
ed 1000. or 10000 more than tn
same period a week ago and SO ,09'
more than the corresponding time {
year ago.