Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-10-31
BEARISHNESS OF PACKERS RE.
Suits IN REcEssloNs OF
IS CENTS.
CHOLERA PANIC IN COUNTRY
SENDS TOO MANY TO MARKET
Pigs Sell Down IS Cents = Cattle
Steady to Strong, With Choice
Rangers in Demand-shesp and
Lambs Higher. Lambs Being Quoted
Up 25 Cents For Choice Sorts.

Chicago. Oct. 3I-Hoss today were
il. semi demoralized condition.
The chief feature was the bear
ishress of packers. The late
marker was - cents lower than
the average OF yesterday. Pig. were IS
cents ;ower. The panic caused by chol-
era is not over AID farmers in many
sections insist that they must either
market their hogs or lose them entire
~
Eleven markets were credited with a
combined total Of 10.,s00 hogs Monday,
or SEQ .ess than week ago. co.sg0
more than year ago anG also 2p,Sc0
more than the corresponding Monday
TWO years ago Chicago received $500
less tlan a week ago, and $500 more
than a year ago. Kansas City had 1900
more than a week ago and twice as
many as yea- ago. Omaha had 1900
less than year ago. st. Louis had
1000 more than q week ago and $500
more than years ago. st. Joseph had
SEQ less than week ago. Most OF the
eastern markets had less than week
ago hut ali of them had more than a
years ago. To-a! for 1911 10 date 49,
1:js 900. or 4.sl2.O 900 more than the same
period 1910 and I.42s.0o0 more than the
sponding time 1909.
Cattle.
Cattle were steady 70 strong, with
choice rangers il demand.
I. must De borne IN mind that beef
coolers all over the cas-, ard in local
quarters are holding big s;ocke and
they will have 20 be moved into con-
be good demand for beef such as pre-
vailed two weeks ago.
The general crop, barring the prime
o.ss, is still selling anywhere from %
cents 70 10 cents under seasons high
point. tho few steers sold in the Non
day session showed the extreme limit
Of decline /, is wise lot Of shippers
who refrain from extensive operating
in cattle when market is III present
condition. and gambling on a speedy
reaction in prices would seem rather
foolha-dy. in view Of generous range
runs which continue to come forward.
OF ,ila $500 arrivals. there were
800 western rangers. and the general
run stood a<airs, 5000 week aga
and 3+,I01 year ago. Six markets had
1900 cattle, comparing with l0i,i0o
last Monday anG $500 year ago.
Refreshing. indeed. was moderate
cattle supply for the initial days trad
ing this week Had there been anothe,
deluge such as hit market a week ago
there could have been OILY the wors.
form OF Generalization IN the trading
cuires large doses of conservative ship
Pig.
The feeder VINO would cut loose his
immature steers now. in face of de-
clires measuring anywhere from so
ceats to 81 per 100 pounds. a. compared
nith two weeks ago. must be lady it
need II ready casa. or else has become
afflicted with q severe case Of cold
feet"
such a si,ua TON for ore 70 be caugh.
IN at this time only means financial,
ioss.
Even feeding cattle are going a;
cheap cost. and il Is time 20 buy rather
than sci! steers.
Recent dernoIa.!zed state OF affairs in
-ha stee- market We thought about b.
the excessive RUS Of native stun of
pasture ard cut Of feed yards. where
they had consumed corn only a short
time
The fact that the matured beevez
suffered short loss ir comparison with
others Is significant of the prejudice O:
killers in favor OF best beef GUS.
Coolers. both here and in the east,
are overIoaced with cheap and medium
gra6e beef. This oversupp!v must be
worked into Consumer channels befo..
e,bsre can be material reaction IN the
market. and meantime il Will he wise
policy for he native feeders to ship
cc9seryativei.-.
Tn co;i-:-:.- speculative operators
VIII hardly b. at,e 20 III: many cattle
on ras-s Of current ma-set value. aEG
their failure 10 get big lot Of them
should work in nc favor OF : little te.-
Ter market before many GAS have
passed
Sheep.
SaeeI e-d isu:f we're hir her. lambs
aei:.g - * better for choice sorts.
arG even med iun.s we're UP.
u