Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-10-30
DECIDED SETBACK
N HOG PRICES
ENORMOUS RECEIPTS ON FIRST
DAY OF WEEK SEND PRICES
DOWNWARD.
ARRIVALS ESTIMATED
AT $1,000 HEAD
ARRIVALS ESTIMATED
Prices Drop 10 and IS Gents at Open
ins-ArrivaIs Of Cattle in Excess of
Immediate Requirerents-Supp
Of Sheep and Lambs Moderate
Current Quotations.

| SuICdSO, OCC. SV.-ONeTplentlIul re
ceipts today gave the price of hogs a
decided setback.
Receipts of hogs at Chicago for the
week totaled 223,S00, the largest since
the week of Feb. 10. an increase of
$4,000 compared with the previous
week, 12S, 900 compared with the same
week last year and $1,000 compared
with the corresponding week two years
ago.
| Average weight of hogs at Chicago
! for the week was estimated at 2G9
pounds, or two pounds lighter than the
previous week, fifteen pounds heavier
than the same week last year and six
teen pounds lighter than the CORE
| spending week two years ago.
Top hogs at Chicago for the week
made 1855, paid on Wednesday,
against 1850 previous week, 500 a
year ago and $50 two years ago.
Average price figured 1905 or 20
cents higher than the preceding week,
go higher than year ago and 2.65
| higher than two years ago. when the
range of prices was very narrow.
| Eleven markets received CO. 500 hogs
Saturday. making 651. 600 for the week,
| the largest since the last week Of
February. 10000 more than the pre-
vious week, 277,00O more than same
week last year and 174,0o0 more than
! corresponding week two years ago.
Total for 1915 to date 23,430,000, or
3,055.00N more than same period 1915
and 4,940, 900 more than corresponding
time 1914.
Cattle.
| Arrivals Of cattle were more than
| sufficient for immediate requirements.
| A new October record was made last
week at 11.65 for heavy and handy
steers and numerous droves sold at
| 11.50 oil so, with prime yearlinss up to
| l1.40. 4 fair quota of choice steers
! sold above 100, such as would have
| had to take 10.65Q11.00 ten days ago,
and while the percentage of long-fed
steers was small, big number of good
quality shortfeds went at 9.7541O.40,
such classes showing relatively more
| price appreciation than prime grades.
Biggest share Of the medium to good
pasture steers off warming on corn
sold at 8.S5 @s.60 and below $50 it was
largely a straight eraser kind, many
light steers of common grade cashing
! down to 1850 and under 1925 it was
\ u1Cu hiius sum 40 ANSA~AS
would not take, the inferior and COM
mon little dairy bred steers going all
the way down to 500 and under
| October run at Chicago will stand
largest Tor this month in six years
past and in the first four weeks OF the
month the supplies at seven leading
markets aggregate 1905, 700, largest on
record for this period, against 1.0l9.600
year ago. Sharp advance in corn
price-I3@16 cents within the past two
VI eeks-and a rising market previously
may be accredited the reason for this
| tremendous movement of cattle. Own
ers have been DESTROYS of lodging a
feed bill, but the fact remains that
| hardly more than 60 per cent Of the
total receipts went into the slaughter
houses, the balance merely clearing
thru the markets from pastures to new
feeding points.
| In the west the runs have begun to
| let up and while there is in sight a
heavy range crop for the next two
weeks, thereafter only small supplies
are looked for from that quarter and
the end Of the range season should
mark a drawing together OF the price
spread for natives. Continuance Of
broad demand for choice to prime
beeves, In face Of certainty Of short re-
ceipts of such classes, makes still
| higher prices probable and predictions
| Of 1900 open market tops before the
}Thristmas season are now being freely
made.
Sheep.
The supply of sheep and lambs ap-
peared moderate.
| Lamb prices scored a remarkable
advance last week which carried trans
actions TO the highest level ever known
fer this time of the year, and from
present indications the high mark for
prime light lots has not been reached.
Closing prices for natives showed 609
rs cents advance for the week and fat
rangers were 5000 cents higher.
| Feeders, on the other hand, weakened
| OF after scoring 10@15-cent advance
and at the close were steady to easier
than a week ago.
| Receipts here and elsewhere were OF
comparatively good volume, but the
demand was remarkably broad and
should attract larger supplies next
week. However the range season is
nearing It's end and to get more liberal
receipts buyers must depend on the
corn belt feeders. who have not much
CT native crop on hand, but expect to
ship thousands of fed westerns. Trade
this week was active mostsof the time
and sellers ufloaded load after load OF
na tives without sorting to any great
| extent.
Quality. Of rangers proved poorest
early in the week, when many Mon
tanas Of a feeder class were available.
On late days thin kinds were less
numerous and packers went after the
| fat kinds with freedom, showing that
they appreciated the improved killing
quality Of late offerings. Natives
averaged we'll and included many very
desirable arrivals from Michigan
Even Gull lots were 25a50 cents higher
ard found a ready outlet from start
to finish.
| Chicago Live Stock.
Chicago. Oct. 30.-cattle-Estima
receipts for today, $4,000; market
easy
Native beef steers. ....... 6.60@11.55
Western steers .-......... 6.15m 95O
Suckers and feeders .... 1850 7.80