Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-09-07
PRICES TAKE DOWNWARD SLANT
BECAUSE OF LACK OF BIDS
FROM TRADERS. -
BOTH SHIPPERS AND
PACKERS OUT OF MARKET
Price Range Widens, Best Selling at
Near Steady Prices-No Special Call
For Cattle-Too Many Sheep and
Lambs on Sale-Review OF Market
Conditions.
Conditions.

Chicago, Sept. Failing off in de-
mand from shippers and packers
caused hog prices today to have
downward slant. The price range
widened.
Hog prices are staging a come
back" from the low time last Satu:-
day, but the packers are against SlN!hs
more money for their kind.
The sellers have been able to rieal
very little thru the big packers since
last Saturday and despite the hs''
supply of fresh stock the amount o!
stale stuff does not diminish very
readily.
Packers expect a good run the bal
ance of the week and for that reas IN
do not care to buy much at present III
the hope of being able to control the
situation with more liberal receipts
The owners of the stale stock, most OF
which arrived late last week in anti
cipation of a railroad strike, are Dull
ish and have no intention of letting
packers get any bargains at their eX-
pense. So far, the country owners are
on the winning side, and in the END
packers will be compelled to buy the
"hold-overs" higher unless we get
marked increase in offerings the last
half Of the week.
Eleven markets received 10000 hogs
Wednesday, or Al, 900 less than last
Wednesday. 21,7O0 less than year ago
and 1900 less than two years ago.
Total the first half of this week no.
600. or 141O0O less than same period
last week. $4,000 less than like time
last year and $4,000 less than CORE
spending three days two years az ;.
Total for 1915 to date. o0,042.0oo or p
o5S000 more than same period 1915
and 1855. 900 more than corresponding
time 1914.
Cattle.
There was no special call for cattle.
Killers last week secured the coun-
try for fat cattle to ship east and in
authorization of a railway tie-up and
a big run of Kentucky and Virginia
cattle IN the east at the outset this
week also has had effect in restricting
shipping orders in the local trade.
Canadian cattle were also brought
across the line in the east to fill an
urgent demand late last week, which
was created by the fear of a strike
All these eastern shipments have been
factors ir enabling killers to hold val
ues for bulk steers down to the level
which was made last Friday, and the
only exceptions are choice to prime
beeves. which classes are bringing
prices we'll up with the lofty levels
made last Thursday. On rank and file
of the grassers and medium to good
short fed beeves, however. the market
today was easily 40 to 10 cents lower
than last Thursday and for bulk Of
such kinds little changed from ten
days ago.
Not until next week is the trade ex-
pected to hit anything like an even
stride, due to the inequitable distribu-
ton of the current receipts. Today's
run was more than twice the tota! here
Monday and Tuesday, and should the
country repeat last weeks perform
ance Of sending lot Of cattle here for
Thursday and Friday markets, an up
setting of prices will surely follow.
Conditions now. however. are far diff
ferent from those Of a week ago, ana
a normal railway situation does not
call for free week end shipping.
Sheep.