Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-09-16
SALES MADE ON LEVELS OF FRI.
DAY WITH TOP At
$40.
NOMINAL CATTLE MARKET,
WITH UNCHANGED PRICES
For Sep and Lambs on
Fridays Basis - Despite curtailsd
Receipts During Week Cattle Are
Lower Than Traders Predicted-Re-
view Of Market Conditions.


the early sales were at steady values.
The top was quoted at $40.
A topic of conversation among
| swine experts late this week IS what
would have happened to the market
f! rad anything like an old fashioned
/: Chicago hog run been on the boards.
! As it is. with five-day total 10000
! below that of last week, buyers have
| been able to cut prices back 1O@20
cents. Failure of shipping demands
| has been chiefly responsible for the
slump, the total eastward movement
for tho week to date being about $500
head. against 1850 same time last
week and 22.SS5 same period last year.
Influences that have been choking OFF
| the outward movement Of hogs re-
ferred to Thursday are likely to be in
f; operation for some weeks to come
and were supplies Of hogs much above
a fresh meat basis packers are In
, mood to take off more in one day
than they have been able to work off
| all week.
! Hogs receipts were liberal at eleven
markets Friday. the supply totalins
! 54.l00, or 1920 more than a week ago.
- 100 more than year ago and TO-
500 more than corresponding Friday
two years ago. Chicago had 5000 more
than week ago and 5000 more than
years ago. Kansas City received 1000
| more than a year ago. St. Louis had
| 1000 more than week ago and twice
as many year ago. ST. Joseph had
| 1900 more than year ago. Sioux City
had twice as many as year ago. Iotal
thus far this week $4,000 or 1000 less
I%l. 1oc =
| than like period last year and $4,000
more than corresponding five days two
years ago. Total for 1911 to date H.
OF 900, or 3.7s7,oOO more than same pc
riod in 1910 and 100000 more than
corresponding time in 1909.
Cattle.
Cattle were steady, the market be-
ing nominal.
Market is closing with only the
prime grades back to last weeks basis,
while for bulk of good to choice grades
current quotations are only on basis
of the Monday average. strength We'd
| nesday having failed to recover all the
hard slump OF late Monday. The good
steers are thus still at least 10 cents
lower than a week ago. while bulk OF
common and medium to good short
| fed stuff is quotable down 10M1o cents
| 1t has been an irregular and uneven
deal all week and particularly for stun
| of value below 500. The further down
the price line the harder it has been for
sellers to move the stuff. One fea-
ture causing this was the generous
movement Of eastern cattle into the
sha mbles and the demand for medium
priced steers to ship east has thus been
shortened to some extent. However. the
/ I. sv,o~ cAH nH-aar
3. 900 as compared with last week. bulk
of this increase being in purchases of
good to choice steers. tho the crop
above $3.50 was still, not proportion
ately larger than week ago.
Receipts. on the other hand. have
been considera bly, larger. a total OF 81
600 cattle arriving at Chicago in five
days. against 46.527 a week ago and
6S,Ss1 a year ago. while of this weeks
crop the range supplies were 17.500
against 1900 last week and $4,000
year ago.
Supply map generally has shown
plentitude Of beef to fill the demands,
and for this reason a lower tendency
of values, barring choice beeves. has
been logical. Six markets receipts for
five days this week total $4,000.
against 1000 week ago and $4,000
year ago, and since big share Of
| inarketings west has comprised me-
dunn and short corn-fed and grass
! steers the like classes in the local
trade, meeting some severe competi-
ton, have naturally been meanest sell
/ lers.
Repair OF Mondays severe break has
not been fully accomplished. for rea-
son that the buying interests are hold
1 ell In, n md IN n.
tive demand for beef falls to grow.
There is still reluctance toward paying
stiff retail prices, but this has been
a factor for weeks past. Killers. how
ever. are not getting any material ex-
cess OF beef supplies OF their trade re
ouirernents, an1 thus far in the season
they have not been accused of storing
Iup a lot Of range beef for future use,
mainly because of the fact that the
short range crop this year Is needed
to fill in as substitute for the natives.
Another month will pretty near vino
up range runs, altho fair late Oc-
tober run from the west is looked for
After that the killers will need more
natives. but the present outlook does
not favor any very big fall native
runs. for reason that the supply put
on feed last spring and In the early
summer was snort. PACKERS are tnus
not facing period of plentitude in the
cattle market. and the feeder cattle
buyers are sizing up the situation Ii
the same light. and, accordingly, are
giving the trade for we'll bred stun
reasonably good support. in face Of the
relatively high. prices now prevailing
for the latter classes
: Export demand continues a slim fac
, tor In the trade. Only few hundred
; steers went for the foreign market Till
week-not enough. in fact to make tht!
demand OF any consequence in the gen
| eral deal.
Sheep.
, Prices for sheep and lambs were OF
, basis of yesterdays quotations.
Trade features Of the week Of q
; clearly defined character have beer
the awakening OF feeder buyers to OPP
portunities available for the laying IL
of choice feeding lambs 1T bargain
prices, and the return Of the Scent
lamb to trade transactions. Latter
event was heralded Thursday by the
selling Of q band Of prime Washing
ton range lambs at the price. while
Tuesday saw the beginning Of an ac-
tive feeder lamb demand that has since