Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-09-29
MARKET HOLDS ABOUT STEADY
WITH EXTREME TOP FOR DAY
OF $3.50.
GOOD STEERS ARE STEADY;
COMMON STOCK LOWER
Only Better Grades Maintain Price
Standard and Medium and Common
Sorts Suffer DeeIine-Lambs Hold
About Steady But Sheep Sell at Low
or Figures.

Chicago. Sept. 29,-Hogs today did
not look better than steady. The ex-
treme top was $3.50. cents higher than
yesterday.
Prevailing hog prices are lowest in
about three months. or since late in
June when packers made up droves
close to the SIS mark. Wednesday a
leading Chicago packer bought 1900
averaging 314 pounds at cost of $500
which stands around S1.75 lower than
high time last January. From all in
dications. however, packers seem de-
iermined to lower values still more all
tho it is only natural to expect reac-
tons in the near future after SO bad a
break as the market has had this week.
Country shippers will undoubte eddy
have a hard time buying hogs worth
the money after SO sharp decline as
has been recorded since last Satur-
day.
SO far as general conditions are con-
cerned it looks as if the man with
plenty Of pigs that he is prepared to
properly fit is in most desirable po-
/ sitior.
| Old-timers in the hog trade claim
y
large proportion of fifty TO 100-pound
pigs have been marketed at Chicago
for this season of the year. and so
many of the daily arrivals seemingly
perfectly healthy. This fact makes it
look as tho the country is alive" with
pigs and Yet there is such thing as
sending too many Of them to market.
The first three days of this week
faSc hon
eighty pounds sold here at s3.75d4.75
per 100 pounds. or about SO per head.
I Cheap pig meat" is undoubtedly hav-
ing its effect on heavier cuts of pork
products and naturally has consider
able to do with the depressed condition
of the market for heavy hogs.
/ Wednesday around $500 pigs overag-
ing sixtytive to eighty pounds sold to
! Chicago packers at $4.OO@4.5O, or an
average of s4.25. These prices are 81. 90
| az lower than a month ago and
more than 81 per 100 pounds lower
that high time of the year, which was
| in January. If it were not for this sac
rifice Of little healthy pigs packers
would be pretty short on fresh pork and
would not be able to make as much of
/ a break in prices. The . slaughter Of
''SS'S piss 10 SuPpoSeo " US lOl lHS
purpose Of saving corn. The prices at
wllcih they are selling. however, makes
il a pretty stiff sacrifice for owners,
even If they had to buy corn at IS
cents to feed them. \ year ago farm
ers were crazy to get little pigs to feed
at double what many of them now
seem willing to take for them.
| This sacrifice and slaughter of little
MIC
breeders all the roster.
Cattle.
Cattle prices We're steady on good
1 steers but medium and common stock
We're considered lower.
For four days this week supply stood
$500, against 57.971 week ago and
| 61,s02 a year ago, while shipments are
close to 1000 larger than last week, but
shrinkage Of 900 is shown in COM
parison with the outward movement a
year ago, which plainly indicates the
/ iessened beef consumption. However a
larger eastern movement Of cattle from
! Chicago this week IN face of some gen.
erous liquidating Of steers from Penn
sylvania and Virginia, is still sugges
tive Of some pretty decent demand for
beef, which, were it filled largely from
I Chicago purchases, the shipper call
! would have decidedly better effect on
the prices than is the case at present.
At the six western markets total sup
ply in four days stands 191, 900, against
ISL 900 a week ago and $4,000 a year
ago. when the west was getting some
big movements Of common pastured
stuff. as we'll as larger runs from the
northwestern range country.
AS yet the proximity OF Jewish day
of atonement, which falls on next Mon
day, has not had effect on the kosher
demand for beef, but it is expected to
be a factor in the local buying next
Monday, atho the trade can not con-
sistently look for it to stem The eastern
demand that day, since, by the time
New York buying reaches its destina-
ton the Jewish holiday period will be
over. Still killers are showing an apt
ness to get along nicely on quite small
supplies of big weight beeyes and the
country will do well to keep this fact
ir mind in shipping for next week
market If the present better price basis
for fat steers, compared with levels
early this week, is to be maintained.
The advance since Monday practi-
caly restores all that was taken off
on that session. Cheap steers selling
on Monday and have not participated
in the subsequent advance. Recently
demand centered on quality without
getting into the higher regions, a
marked disposition being shown by the
purchasing element not to let the top
do any awaiting stunt. Pretty good
cattle, selling at 800 q 500, show most
Of the pickup.
Sheep were lower and lambs were
about steady.
For the week to date. Chicago re-
ceipts foot up about 10000, decrease
of about 5000 from last week, and 49,
900 less than the enormous run for the
period last week, record breaker at
that time. The four-day supply at Ave
points aggregate about $4,000, against
342. 900 like period last week and 1885,
900 year ago.
Chicago Livssteek.
Chicago, Sept Observation-Disclosures
receipts for today, $500; market OPEN
ed slow and weak
Beeves .... ............ 4.750S15
Iexas steers .............. 4.5UWO.UU
western steers 4.zoWJVV
, Stockers and feeders ...... 1925 @5.Sd
Cows and heifers ....... 2.00@6 6. 20
Calves ....... ........... 6.0o@9.50