Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-08-12
EIGHT .......
G CAT SHADE LOWER.
Heavy Receipts and Only Fair
Demand Create Rather a Poor
Market For Monday
HOGS STRONG, SHADE HIGHER
Market is Good in the Face of Heavy
Receipts - 10000 Head Received at
the Yards = Sheep Are steady-cur-
rent Prices for Livestock in Chi
cage.

Chicago, Aug. 12.-Lack of demand
for anything but ffrst-class stuff and
heavy receipts affected the cattle mar
ket here today With receipts estimat-
ed at $4,000 head, prices for best
grades were maintained at Saturdays
level, while other grades were down,
some 10 cents.
Western range cattle are likely to
the first of November, and it is prob
able that the common light grass
fed natives Will not be good sellers
while the season for rangers is on.
Nearby farmers are cautioned to make
their cattle better than rangers if they
expect to get better than range prices
for them There are also good
many Texas cattle in sight. and so
there will be no scarcity of steers of
the common and medium type. Rang
ers that arrived the past week We're
pretty good in quality and indicate that
the crop this year will be better than
usual, and the competition on that
account viii reach higher class Of
natives.
Demand has been reasonably strong
for the best cattle. but was not ex-
tensive nor reliable for the other
grades. While there was a large per-
centage of good steers which sold at
$1m1.40, there was also a long string
that sold at S6.5067. and the bulk
of the common and medium light kill
ers went at s5.5O@6. with some Of the
common grades down to $3.50. The
spread In prices is wider than it has
been in ii long time. and is getting
broader, as the best steers advance
and the common grades go down.
Hogs.
Hog offerings were accepted at good
prices the market being steady to
shade higher. despite receipts Of 80
600, which is not an unusual run for
Monday.
light run toward the week end
may be construed as the logical result
of the sharp break earlier. The 500
40c decline has been regarded by some
in the trade as a move to check the
rum and. if so. it succeeded. The weeks
supply WAS about 11S,000 or about the
same as last week. Compared with a
year ago sharp shrinkage is shown,
the decrease being about $4,000. Ac-
cording to prediction August receipts
are running lighter than last year the
deficiency to date being about $4,000.
At the six western markets the run
has shown a decided falling off lately,
the aggregate last week being. approx
imately 275,OOO. against 100000 the
preceding week, and $4,000 a year
ago.
Shipments for the week were $500
smaller than year ago and $4,000
smaller than two years ago.
Sheep
Sheep receipts We're large. being es-
timated at $4,000, but prices remained
satisfactory compared to those of last
week.
The whole list is on a higher level
thar a week ago. when sheep trade was
somewhat demoralized owing to big
run of westerns. Few western sheep
arrived last week. bu, more grass
lambs have been in evidence. At the
same time the run of Kentucky lambs
thru Ohio river gateways has subsidized
and indications are not lacking that
they are all in. Western lambs We're
cut off the last half of the week, Gre
ating a good demand for natives. Re-
ceipts We're close to 1900 or 5000 less
than the preceding week. Shipments
are light. simply because supply of
feeders has not been available. Had
they beer here, $4,000 feeding lambs
and sheep would have been taken out
by anxious country buyers, who
thronged the sheep house all week,
but most of them were unable to get
even few.