Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-08-24
Prices Depressed For Every
Class, With Possible Excep-
ton of Choice, Cornfed
PACKING HOGS SLOW AND WEAK
Better Grades of Butcher and Shipping
Hogs Steady to Strong, as Compared
With Prices at the Finish, Saturday
Sheep Close Weak-Packers In
different and No Outside Demand.

Chicago, Aug. PA flood OF range
| cattle ran the total receipts far above
the preliminary estimates of the trade
There was no market the first hour
heaviest of the season thus far, sellers
figured a lower market for every class
and grade, with the possible exception
of choice. corn fed. The quality of ma
tive stuff was very common, the pro-
portion of good steers being light.
Just how many cattle the westerne1
has to cash in is still in dispute That
his pastures are not bare is GER
tainty. If the rule is in working order
he ought to be able to furnish the
market with a liberal supply between
now and snow time, because prediction
of u light run has been vociferously
registered and. in the past, that has
always meant plenty of cattle. There
is a possibility that the range move
ment, having started early, will sub
side in time to give the owner of ma
tive cattle a chance to clean up before
pastures are ruined. Always the own
err of natives has had to hold stuff
back in the futile hope that the west
ern run would fall off, only to be dis
appointed, the westerner shipping as
long as weather conditions made gath
ering possible. This has been a de-
moraliZing influence in the market of
early winter in recent years, and, ii
it could be eliminated, satisfaction
would gain a footing. If western cat
tlemen can liquidate their holding, or
at least the bulk, by the middle of
October, natives will be given an OPP
portunity in the market not afforded
in many moons. The range cattle
movement ought to start in June and
subside in October, a period when
range cattle are not numerous enough
to glut the market Under new con-
ditions they will probably work this
revolution.
Hogs.
The general demand was of char
acter to place the better grades of
butcher and shipping hogs on levels
steady to strong, as compared with
prices at the finish Saturday, but pack
ing hogs We're slow and weak. Ship
pers want a few choice hogs. and paid
as high as s6.S5 for prime sorts.
Light pigs have been lying around in
profusion and nobody has wanted
them. Some of this grassy and under
weight stuff has lost a dollar during
the past ten days and is getting down
to where it belongs. ~Legitimately it
ought to sell S1@1.50 per cwt. under
spread in prices was responsible for
attracting lot of it from the country,
and last week it got just what was
coming to it.
Sheep.
Receipts of lambs were burdensome,
tho the run of mature mutton was NOT
heavy. The close was weak. Packers
were Indifferent, and there was no out
side demand.
With range sheep starting 10 to 10
cents lower than week since. natives
are practically unchanged. The pro-
portion of sheep and yearlings has been
small of late, but the quality has been
good. Most recent lots have been
bought by Chicago packers instead of
the outsiders who were so much In
evidence in the market few days
since. Feeding and breeding stock con-
tinues steady with but few offerings
suitable for feeders.