Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-08-05
Another Heavy Run in That
Market Today, and Trade
Dragged
HOGS ACTIVE, BUT IRREGULAR
Only the Choice Grades Held at Yes
terday's Bast Figures, and Packers
Held Off for Lower vaIues-shippers
and Spectators Prominent Buyers
Sheep Weak and Inactive.

Chicago, Aug. 5.--Another heavy run
today further weakened cattle prices.
Some yearlngs and better grade heavy
steers sold at slightly higher figures,
all other offerings were hard to sell, at
concessions of SOLO cents. Trade
dragged. and it was near the close be-
fore any amount of business was
! transacted
Beef at wholesale is selling lower and
the worst feature of the trade, &C
cording to killers, is the restricted de-
mand consequent to hot weather. Cool
ers are being piled with beef for which
there is at present small outlet, and in
putting up a surplus stock the buyers
are determined to get 1t well worth the
money. Conditions are not ripe for i'm
provement in the trade for any class
of steers, according to the traders.
Scarcity of the strictly prime kinds
however, should hold values for these
close to late levels, but the shortage
In supplies of finished steers is not
worrying killers much these days,
since consumptive demand calls prin-
beef, and this is being filed from the
n-between grades of natives and also
westerns and Texas, which are being
bought at prices relatively low
About the only reliable demand now
is for something strictly choice aver
aging 1850 to 1900 pounds and choice
yearling steers. These latter grades are
selling above s6.75, but in the trade for
S5.50@6.25, steers and also the $4.25@
$40 kinds the situation is anything
but encouraging for better prices, ac-
aording to sellers. Trade for the latter
is on a very weak and unevep basis.
Rangers will come literally from now
on and prospects favor a gradual sink
ing of prices for these. which should
also bring down the value of natives
of relative grade.
Hogs.
Hogs We're active and irregular. the
best grades being held at yesterdays
best figures. Shippers and specula-
tors were the most prominent buyers,
packers holding off for lower values.
No bearish construction should be
placed on the supply of $4,000 hogs at
Chicago, Monday and yesterday. In the
west there were considerably more
than year ago. but after the market
had doomed itself to the tune of half ,
a dollar in three days the wonder is
that the country did not dump more
into the market. The &c hog is again
out of calculation, but light supply
the rest Of the week will insure it's
speedy restoration. The advance in
corn furnishes no inducement to feed |
grain to hogs, and further deterioration !
in qAaity is more than probable. The I
average weight at Chicago last week /
was but 221 pounds, or 23 pounds less {
.ilan year ago, which tells the story /
of how the country Is economizing !
corn and unloading their grassy hogs. +
Packers were glad to get Mondays /
by the country and had .
It been better distributed the deprecia- !
ton would perhaps not have been nee ,
essary.
Sheep.
Sheep were weak and inactive. Of |
ferings ran largely to natives. All
classes of muttons were quotably 100 !
Is cents lower.