Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-10-08
RECEIPTS TOO LIBERAL AND
MARKET TURNS WEAK FOR
ALL GRADES.
TOO MANY NATIVES
IN CATTLE DIVISION
Of Offerinss-Arrivals Of Sheep and
ket conditons-currsn, Quotations
at Packing centers.

Chicago, Oct. S.-Hog prices weak
ened on liberal receipts today.
Top Tuesday at $50 was the lowest
top since June IS, when best landed
at sS.62e. Average price was lowest
since Sept. 16. This gives an example
OF the difference in price ranges since
that time. Packers were bearish bid
ders all day. and some heavy grades
We're carried over unsold. Packers held
out till very late in day md were slow
TO take action even at large decline in
prices.
Eleven markets received $4,000 hogs
Tuesday. or $500 less than last Tues
day. 200 more than a year ago and
400 less than two years ago. Total
two days this week $4,000, or 5000
more than same period last week. As
900 more than like time last year and
$4,000 more than corresp bonding two
days two years ago. Total for 1913 to
date 1s.505.000, or $4,000 less than
same period 1912 and 259.OO0 more than
corresponding time 1911.
Cattle.
Excess of native offerings slowed the
cattle trade.
supply stood 22096, against $1,000 a
wen ago anu -S,Soo d year dSo- 1NIS
decrease in the run alone accounts for
the price improvement noted in native
trade. There have been only about
$4,000 natives here in the week to date,
smallest run in months past, but it is
evident that killers having purchased
a surplus beef crop last week are in
no very urgent need of big supplies
this week. Kosher demand still being
off g io ha fnH
good 1900 to 1,400 pound steers and a
lot Of these failed to make material
gains.
A basis steady TO IS cents higher is
shown for a general run Of native
steers compared with thu close last
week, but 1t is the tops and near tops.
viz. the $500 and higher-rriced goods.
which have had maximum gains, bulk
Of good to choice stuff at Ss.50ds.so
showing hardly more than a 10-cent
appreciation, while a lot Of common,
warmed-up and medium stuff sold
Monday and again Tuesday failed to
get a rise, because Of range compete
ton, and killers holding rangers steady
Monday and getting them little lower
Tuesday, preferred the westerns to
lower grade native stuff
Canadian invasion is not hurting the
fat steer trade. Eastern markets, par
ticularly Buffalo. have had mainly
stockers from over the line thus far,
an indica ton that the Ontario prices,
being moved up to balance values this
side Of the line. are going to prove
strong !nducement for Canadians to
market good share of their stuff at
home.
Eastern states are running fair
quota of grass stuff into the markets
and this tends to hold in check the
eastern demand in local trade for other
than choice goods.
Sheep.
Sheep and lamb arrivals were heavy.
Receipts Tuesday were estimated at
10000, against 1891 last Tuesday and
$3.50 q year ago. Total two days
this week $4,000, an increase Of HOO
compared with same period last week
and a decrease Of 400 compared with
responding time last year. Six mar
kets were credited with 117,s00 Tues
day. against 100000 week ago and
106.100 a year ago. Combined total for
week to date $4,000, or 10000 more
than same period last week and $4,000
less than corresponding two days two
years ago.