Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-09-18
MARKET STRENGTHENS AFTER
SLOW OPENING, OUT ADVANCE
is NOT MARKED.
HOGS SLOW AND WEAK
WITH TOP At $7.35
Packers Bids Range From $3.50 to
so.s5-Lambs Strong, With Prime
Westerns Making Gains Of IS to IS
Cents-Review Of Market cond.
tons.

Chicago. Sept lS.-Cattle Of better
class showed some strength after i
SLOW opening. There was no marked
advance in prices.
In face II increased receipts and
sluggish packer and shipping demand
for all excepting the weIl-fed beevas.
the decline the past week has been
logical. I, p,eases packers to work
prices down anywhere il the read for
( reason that this IS the consumers wish
in order that he car buy beef cor
: respon3ingiy cheaper, but the consumer
can not always do this for reason that
! the butcher does 10, hold his prices
susceptible 10 fluctuations in keeping
, With steer values. claiming his fixed
charges ot operation are TOO high to
perrni, him making cuts. The con-
sunler however. places chief blame
upon ne packer even tho the latter is
not alone responsible for the consum-
er's troubles.
Weeks receipts totaled $500. against
$3.50 lest week and s9.l56 year ago.
While the shippers took $500 more cat
tie than last week and 5000 less than
q year ago At the six markets COM
bined weeks total stands 10000 COM
pairing with l7s.o00 last week and 24S.-
zoo year ago.
Chicago had II 600 western rangers
last week. agai 1000 last week and
"a. 600 a year ago. the decrease from
year ago az This period. when rarge
runs usually come freely veil indicat-
ing the shortage in supplies which may
ne expected in the balance OF this
season az compared With late Sepie'n-
her and October runs last year.
L is unon the probability of short
range runs In the remaining weeks Of
the range season that the trade depends
Cor at least a decent native trade. L is
readily agreed on all sides that natives
can no, come in hig volume FOR any
extended period for the very emphatic
reason that the corn belt does not hold
gen -ous supplies Of marketable steers.
Feeder outpu: early In the summer and
last spring was not large enough TO
assure liberal fall and early winter
movement Of nativ. corn-red hullocks.
and Il Is plainly fortunate circu'n-
stance for killers and consumers alike
that the range runs are not shorter.
since smaller suppl: from the north
west would surely mean a soaring OF
prices for native steers.
Packers have been operating on
coo,er-to-heef flock for weeks past.
storing ot beef this seasar being out
of tie question in view Of the decrease
II supplies indicative of this Is the
falling of in aarketings for Aug. TO
sa.e as compared with the correspond
irg neriod wear ago. since Avg. l
mis- YEAR Chicago had had $4,000 cat
lie. against 437.l2e in The same period
a wear ago a decrease OF i4.1hO. aid
most Of this falling off in supplies has
f.aer shown in range runs. which class
~ suit pa cke-s usually freeze al this
period of the wear. 20 use in beef trade
la.e in me winter and spring Is
pressure in holding IN check bullish
tendency Of the market for corn-fed
natives.
One drove o, prime bullocks made
IS 20 last week, which was high point
for the year thus far. and a few others
have gone at ssGs.l5, but crop above
s775 was short A year ago top was
1855 and TWO years ago best bullocks
made $50. Bigges, share of native
steers sold This week ar 1925 n 40.
against ss.30d..75 week ago. 5000
7.75 four weeks ago. and $3.50 10
year ago
Straight graSs-ted natives were large
~ a s5.50m6.l0 selling proposition.
while trashy stuff went down 10 s4.15
n $40. Warmed up 1850 to 1850 ID ma
| tives went largely at 1856 n SIS. and
| lot Of pretty good shor; feds made sS..5
f. a rs. nut quality lots. fed siv 20 seven
months. were cashed chiefly at $1.15
| 1850
! Hogs were SLOW and weak. Prime
| hogs sold up 10 s7.35. Packers were
| bidding sS.soGe.s5 for packing lots
! Market for little pigs has been
strained somewhat lately by big ship
nlents of sucn from southern Illinois
and prices are down 400 soc from their
range here around midweek The
range Of prices or the 900 10 pound
pigs was s4.2515. anything under $3.50
being on the ''dumpy" order. Pigs av-
ersging soGllo pounds sold at $3.50
5.15 the good 130- pound pigs at $50
, $50. and the choice 14o-pound class up
70 81. Both Armour and Swift & Co.
we're fairly free buyers Of pigs at the
prices. as there has been a good de-
mand for light pig carcasses TO ship
east as filters in beef cargoes.
| Supplies have been down to vol
ume so close to the requirements Of
fresh meat trade that there has been
no opportunity to put the steam roll
or in constant operation even on the
palmer classes of packing hogs and
prices for such are holding a range
very close to that one week ago, tho
about $50 below prices paid for such
at this time last year.
Receipts OF hogs at Chicago Stock
Yards last week totaled $1,000, or 1900
less than the previous week, 5000 more
than same week last year and $500
more than corresponding week two
years ago. Grand average Of corre-
spending weeks Of past twelve years.
which ranged at s1.5e6 to 143,o1e, was
1os.5s2. or 1880 more than present
week
Estimated average weight OF hogs at
Chicago last week was 22S pounds, the
highest since week OF Jan. 81. when II
was 224 pounds. or Is pounds lighter
than previous week, 50 pounds lighter
than same week last year and 3 pounds
lighter than corresponding week two
. years ago. Grand average of CORE
spending week Of past twelve years
, which ranged at 21s pounds 10 25s