Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-10-28
MARKET RETAINS DOWNWARD
SLANT AS RESULT OF POOR
INQUIRY FROM BUYERS.
TRADE SLOW At DECLINES
OF ABOUT CENTS
Cattle Offerings Not Over Plentiful But
Lacking in Quality-No Urgent De-
mand For Sheep or Lambs-Revisw
Of Market conditions-current VAL
ues at Market centers.

Chicago, Oct 2S-Slackness OF de-
mand today caused a downward slant
in the price of hogs.
Hog prices are working lower and
az present are around 1.S0 lower than
ten days ago, when packers were re-
sponsible Tor a boom which carried
prices to the highest level since last
October.
Sellers and buyers know that there
are many young hogs TO come 10 mar
ker and it looks as tho the winter prices
will not assume high level.
Light weights already are showing
up in liberal numbers and a wider
spread is due between the underweight
offerings and the heavy classes. with
prospects OF latter kinds bringing a
substantial premium.
Undoubtedly the choice to prime 2o5
to 215-pound arrivals will sell most
salisfactoril in the winter market and
those weighing upward Of 500 pounds,
because OF the short outlet for lard.
may not get the action they would un-
der ordinary conditions.
The present decline in prices may
cease shortly. but il will take remark
ably small receipts &c cause packers TO
willingly allow values to advance to
any extent.
The future trend Of values depends
greatly on how soon the new crop will
be unloaded from every section. Some
owners are letting go Of their young
stock already. but others have an
abundance of feed and intend to hold
stuff back until it carries more weight.
Quality has deteriorated rapidly dur
ing the past few months, but most
traders anticipate considerable improve
ment within the next few weeks. altho
they look for an abundance of light
weight animals and scarcity of strong
weight offerings.
Country shippers have lost consid-
cradle money on the recent break be-
cause OF Its sharpness and packers
would confer a great favor on these
men who supply the market continually
if they would be more consistent in
their moves by making the declines
more gradual and the upturns less
sharp.
Cattle.
Cattle were not over plentiful but the
quality OF offerings was unattractive.
Buyers disfayor toward the plain big
steers. Fair share Of which came TO
hand, was logically explained by the
mean action big cuts get in beef trade.
A reasonably broad demand is shown
for all other classes Of steers and
killers having worked big beef stocks
out of coolers in the past ten days are
now showing a disposition TO use mod
erately fresh supplies on a fairly good
price level.
Cattle supply on the mid-week ses-
sion lightened up somewhat Kansas
City had only 5000 and at other Mis-
souri, river markets receipts were suf-
hciently moderate to warrant relief
from early week congestion. And yet
supply around the market circle wore
seasonable look, the six points hav-
ing $1,000, against $4,000 year ago.
On the corresponding day last week
these markets reported $1,000. A half
week run of $4,000 at the six points,
against $4,000 last week and $4,000
a year ago, tells the story Of surfeit
II has been a case of too many cattle
even if much Of the western run at
present is on the stocker order.
Sheep.
There was no urgent demand for
sheep or lambs.
Under prevailing conditions of the
dressed lamb and mutton trade. the
live market at the present is begin
ming to look top heavy, but only con-
sentative marketings of supplies in
producers and feeders hands appear
TO be needed to keep the situation
healthy from the sellers standpoint
and the trade is advising prospective
shippers against undue haste in mar
keting. anticipating further advances
in the not far distant future.