Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-10-22
QUOTATIONS HOLD At LEVELS
ABOUT WITH THURSDAYS
AVERAGE.
BUYERS TOO WEI. FILLED
TO PERMIT OF ADVANCE
Recent Break Just What Traders Have
Been Predicting When Supplies Were
Cut Loose-Difficult to Arouse In
terest in Cattle, Offering Lacking in
Quality.


, were too we'll filled up today 10 permit
any rally n quotations.
/ What everybody connected with the
hog market has been predicting hap
prices were off 20 cents to 81, compared
with the high spot Monday. Even at
/, the decline packers refused to buy,
leaving many in the pens. The break
will probably check the run and week
end prices may work little higher.
Chicago was out OF line with every
other market in the country early in
the week, diverting Indianapolis and
ST. Louis stuff this way.
Receipts thus far this week total the
largest in several weeks and packers
took advantage of the liberal supply
and We're unable to secure relatively
cheap droves locally and on other mar
kets as well. Since Monday hogs have
declined anywhere from LOO to 1.S0
from the good time Monday. average
selling being right at lilo lower than
that day. Declines such as have been
current in the hog trade during the
past few days are rare. very seldom
another as was the case this week.
The sharp advance which featured
the trade few weeks ago carried val
ues TO high level, but in just a few
days all this advance was eliminated
and even further declines effected in
some cases. Average selling today was
about the lowest since around the start
of the month. while the top was the
rr.6a he ay,,a
price was paid, and barring that day
II was the lowest since Aug. q, when
best landed at s7.s5.
Cattle.
1t was difficult TO arouse interest in
cattle. as most of the offerings lacked
quality.
Explanation OF the severe reversal of
form in the heavy steer trade was the
little larger quota OF them here in mid
week. Buyers picked over the few big
cattle they wanted early on Wednes-
day and later lambasted the market at
their will. It is simply case OF not
having room for them in their local
trade. the killers assert. and such
situation as this is likely to crop out
at any time as long as the eastern ship
ping competition Is cut OF.
ALTERS are SStIlilS d AOt " 5cou Vat
tie in free area to all their eastern
demands, not alone in the middle west
but also at the eastern markets.
The trade feels that a moderate dose
of big high finished steers can do a
good price performance ali this season
if marketed conservatively. but given
just few more any one day or week
than the demand really calls for and
-to 2 he
past two days is bound to materialize-
Ability to hold up the yearlings is
due to a good outlet for such grades in
beef trade. Killers are moving light
cuts freely and having worked off
generous quota of the surplus beef
which was accumulated last week, they
come back with fairly free buying
disposition this week. and same situa-
/ ton as we'll has been shown for light
and handy grass steers. Heavy grass
ers, however, had bad mid-week ses-
sion and same was true today, that
kind averaging 1900 pounds and more
hs::-.. % &c .. oSG4n cents decline
| from Monday. and showing no better
rates than low time last week. Evil
dencing the mean trade were sales Of
| fat weighty grass steers late Wednes-
/ grassers went at $50 today, while a
| 1900 pound drove had to go at 7.6o.
Sheep.
Demand for sheep and lambs proved
+, fair
| Many farmers, usually inexperienced
lamb feeders. have an idea that stock
will get fat without feed. and they vii
| buy some rangers and after holding
! them at home for sixty to ninety days
expect them to sell well. even though
they had little or no care during theil
short stay in the barren fields or pas.
lures Consequently several Of this
class arrived today and have been here
previously this week, only to find de-
cidedly unsatisfactory market. Own
ers should keep this habitat stock a
home until it becomes fat or chance:
| of profit are eliminated.