Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-10-23
HEAVY RUN IEAPERS
DEMAND FOR CATTLE
ALL GRADES EXCEPT BEST
STEERS SELL DOWN 10 TO IS
CENTS.
HOGS DECLINE CENTS
FOR PACKING GRADES
Strength At Opening Not Maintained
Top For Prime Lights s667L2-Sheep
and Lambs Close Steady For Best,
Others 10 Cents Lowe-cther Mar
ket Quotations.

NSI SGONdClOHSs
Chicago. Oct 2s.-Demand for cattle
was tempered by a heavy run. A few
choice steers were steady, while other
grades looked 10 to Is cents lower.
Receipts OF hogs al Chicago stock
yards last week were ueyono all ex-
pectatiors. ard at 10000 stood largest
since week Of May S. when l54.o7O, ar
rived. Compared with the previous
week the supply was 1900 larger, and
compared with same week last year the
increase was 1890, while compared
with the correspondents week two years
ago the gain was $3.50. Grand average
Of CORRESPONDING weeks OF last twelve
years, which ranged at 1854 20 151.0s5
was ie7,45e so that this weeks run
third week of October
Estimated average weight of hogs at
Z Chicago last week was 2s5 pounds. or
fourteen pounds heavier than the
previous week. twenty-eix pounds
lighter than the same week last year
and three pounds lighter than the cor
responding week two years ago The
grand average Of the corresponding
weeks OF the las twelve years. which
ranged at el4 pounds to 24a pounds.
VAS PSI pounds. There were FIVE weeks
.!snter than go pounds and Ave aeav-
Ter than :35 pounds.
! Altho the top hogs last week at $3.50
were 10 cents lower than the previous
week. the average prize at ss.52 was
/ . cents higher, ard compared with the
{ corresponding week las. year showed
! s2o6 decline. and compared with the
same week in 1909 was off s1,15. Grand
average Of the corresponding weeks Of
the last twelve years, which ranged at
E4.35 q SIS. was s59s. There were five
! weeks lower than $3.50 and or!y four
/ higher than ss.25
! Eleven markets received 4ea. 600 hogs
last week. or more than any week since
/ the last week Of June, when $4,000
were marketed The run was So 900
larger than the previous week. 1855 900
larger thar the same week last year
and 1900 larger than The correspond
ing week Two years ago Grand aver
age of corresponding weeks OF last
eleven years, which ranged at $4,000
TO 5os,ooo was $500. Tota. for 1911
20 GATE ie,l34,00o or 4,412,ooo more
than the same time in 1910. and 1.e74.-
600 more than like period in 1909. bu,
2.25,,o0o less than the corresponding
time in 1908. The four-year-
Ggured 100000.
Hogs.
Hogs were steady at the opening but
declined cents on the bulk of hacking
hogs. The tor for prime light butch
er hogs vas s6s7l,.
This situation has naturally spelled
price widening and the kinds to get
the benefit we're choice to prime. II
mas been a market for choice stuff
higher than many had predicted would
prevail before November The scarcity
OF choice to prime grades and keen
demand have come before they we're
really locked for and as result the
trade Is setting price expectancy
Httle higher. Since two six load droves
sold at $500 $50 on "Wednesday. the
top lots averaging 1857 to 1899 los.
and others from 1875 70 1908 lbs. sell
ers have claimed that fancy one-lcad
LOT would have made SO New top
price expectancy is now set consider
ably above 81 and there will De a lot
Of badly mistaken traders II seo5T
$50 isn't paid for fancy stuff before
many weeks have passed
However, there Is ALWAYS q limit to
price ascensions and it will be reached
whenever the stuff goes so high that
corresponding advance III bee cc=: Gre
ates howl Of public p-ote., against
rising cost for beef cu;s and ,ten
watch OCT tor trouble.
The public rarely understands
causes leading to such unusual siti1a-
tons as exist at present Peet supply
seems 10 interest the consumer only as
il reaches his table. and when the cost
is high the supply to him is neces-
sartly small. but he does not appear to
ne able to realize that the actual cause
Of it IS a scarcity Of the beef
\ The situation now facing steer trade
as affecting prime strf Is ai-act re-
suit q overp-nduccicn Of these classes
a year ago. when market vas steadily
declining and tops continued to go
down In price up to last May Feed
ers OF choice cattle lest severely in
their ventures and instead of stocking
up with thin stuff TO nni.h for this
winters market, they simply laid OF.
The inevitable h.. occurred Shortage
merely forced another rise and the only
people who are getting the advanfays
IF It are these who stayed right by the
feeding business taking the bitter last
spring and han-in- on to taste the
sweet this fell and winter
These will continue to have a mean
call as long as the rangers cnrne in anS
decent sized volume. Next week an
rther liberal rance run Is due, but
thereafter the trade looks fer short
western crop and the ad-ice sent out
by sellers has heen to hold back much
OF the native stuff in pasture and On
( short feed until the westerns are about
all in.
Thereafter the real shortage Of beef
steers must assert itself and the medi
I'm grade natives should get the long
hoped -for better demand
Sheep.
Sheep and lambs closed steady for
best. Others were 10 cents lower.
Supply for the coming week prom
ises to be liberal, tho no one Is ex-
pecting as many as arrived this week.
nor is the selling side. at least, hoping
for the arrival Of such quantity.
Range fockmasters and breeders and
feeders in the middle west and east
are. on the other hand, being advised
by those VINO nave studied sass =!:ce :