Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-09-23
A0GS AGAIN SEEK
HIGHER PRICE LEVEL
VALUES RISE IN CONSEQUENCE
Of FALLING OFF IN
ARRIVALS.
ADVANCES OF S AND
10 CENTS REGISTERED
Most Of Cattle Consigned Direct to
Killers - Prices Considerably Lower
Than Week Ago-Sheep and Lambs
Go Direct to Big Paekers-Review Of
market Conditions.

NliCdSO, SEPT -O.-Ilos pIAtCS -oSe
today in consequence of a scarcity Of
offerings. Values were ) to 10 cents
above yesterday average.
Invariably, toward the approach of
the winter packing season hog values
are scaled down, but no logical reason
for a 6.00t a 700 market, h basis on
which packers have been accustcm7d
to begin accommodating, can be ad-
vanced. During the fiscal year ending
with June, the United Safes exported
572, 900 900 pounds of bacon. $50. 000. 600
pounds of hams. AIS, 900, 900 pounds of
lard and 1905 900 600 pounds Of picked
pork. the entire package being valued
at close to $1,000 900, or s70.o00,o0o
more thar during the corresponding
period of the previous year. Every
steel mill in the country has been run
ming night shifts, the industrial stu
ation is healthy and domestic con-
sumption of hog product a reached
maximum volume since the infancy OF
the industry. What the new pig crop
will be worth is a matter Of conjecture,
but no such market as that of a year
ago is TO be expected. At the COM
mencement of the winter packing sea-
SUI IL Is Ippott iAo Po>NAS
cellars will be empty, but packers will
make their usual October drive at
prices. Growers are fortified with con-
fdence and there will be no necessity
for such ruinous liquidation as oc-
CURED late in 1915. Patrick Cudahy.
recognized as a spokesman for the
packers, stated that 100 per cwt ought
to be the maximum cost of hogs to the
killer. but as a price f~orecaster the
packer ;s seriously discre1tted.
Cattle.
Most of the cattle were consigned
direct to killers.
Cattle such as sold at 100 last Mon
day and a week ago Friday had quot
able value down at 10.65Gl0.Io ana
kinds, that took 16.50d11.05 on Monday
showing then little change from last
week, are now quotable 25a35 cents
lower. Greatest decline is for steers Oh
nominal value at 500 q 1000. Sucn
grades were raped hard Monday ano
again in mid-week and are now easily
3505O cents lower than a week ago,
while all the lower and intermediate
grades of grass and corn warmed
steers of value at 7.509S.25 are easly
rDn Az cents io~cI lldA AoSS
Yearlings below choice to prime
grade have shared In the break to the
fullest extent, a lot of half fat year
ling stuff being a drug to the mar
ket since Monday.
When the excessive supplies are
taken into consideration declines APP
pear logical. The trade has simply re
ceived too many cattle for current
needs. Killing facilities OF local plants
have beer severely taxed and a lot OF
s,uff which came early in the week
had 70 be carried several days before
being handled in the packing houses
Freezing of beef in big quantities Is
now being done and this will De stored
for future outlet when the Dig runs
from pastures subside.
Total at Chicago in five days TINS
week stood $500. against $3.50
week ago and 1859 a year ago, whi!e
seven markets have received 2s4,o0o IN
the FIVE DAYS. against $4,000 a week
ago and $4,000 a year While the
heavy marketings are ~seasonable, their
considerable increase over a year anu
,vo wears ago may in part be charged
to the recent frost damage to corn ana
the partial corn failure in Kansas. ms
latter state has cashed a heavy crop OK
min -heshed steers. which would nave
heen fed this winter il corn had come
u in fair shape.
The trade is badly in need OF supply
nursing. but whether it Will De a Is
n~roni.n.!cal. killers are MAKING nc
attempt 10 conceal a disposition to ef-
feet further price breaks on rack ane
e,e of the steers and their success or
failure rests alone upon supply move
ment.
Sheep.
Sheep shipments today went direct
to packers.
... hnnreS heine duly AXE into