Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-08-07

SHlcaSo. Aug. 1.-Cattle were NOM
inally steady, the market closing the
week little higher on the better grade
of steers. The less desirable sort show
but little change. Butcher cattle gained
considerable strength early in the week,
but the last two days weakened, los
ing all the early advance.
Continued moderate supplies have
been a price tonic to the
trade. Particularly was this true In the
market for good to choice steers this
week. and from a strong and Slightly
higher opening the values for finished
heavy steers have risen to levels $50
% cents higher than a week ago. Not
alone have these been firm sale, as was
the case week ago, when medium
were neglected This week the medium
to good kinds also met a good price
appreciation. but it was not forced I'M
til Wednesday. Buyers, unable to get
all the strictly good heavy steers they
wanted, were forced to turn their at
tention to the next best grades, and a
little price strengthening has resulted,
the bulk of steers selling upwards at
s5.50G6.40, being nominally 100 zoe
higher than week ago. altho the COM
mon and poor light yrasse-s have not
shown material change There was.
however. q little freer tone to the trade
for these as Well. due to feeder buyers
competition for that kind against the
killers.
Shippers have not supported the trade
quite as firmly as a week ago, because
of their inability to get all the strictly
good quality kinds they wanted The
outward movement has totaled 1890,
year ago.
Hogs.
Hogs were generally 10 cents higher
on better grades. Shippers We're eager
for good hogs and competed with each
other on the light run. Packing grades
and the heavy mixed stuff did not shcw
! much advance. Light hogs sold at
1921, the highest figure obtained for
that sort this season.
Supply shows heavy shrinkage,
compared with last week. Local re-
ceipts have been almost cut in half.
while shippers have not decreased
their purchases to the same extent.
| The five principal western markets re-
port around $4,000 hogs for the week,
against 256,o00 last week and 29S,000
a year ago. The resultant advance
may fetch il a run next week.
Meat shipments were 1910 pounds
compared with 1,353.O0o pounds a year
ago, and lard shipments were $4,000
pounds, compared with 36s,oo0 pounds
g year ago. Liverpool quoted backs
and hams Sd higher, lard Sd higher and
Cumberland cuts unchanged.
Sheep.
Sheep and lambs were steady Prime
native lambs sold at s7.75, but no west
ems were offered.
The weeks supply is about 10000
less than last week and $4,000 less
than a year ago. due to curtailment
of the Kentucy movement and the ar
rival of few western lambs. Natives
have also been in moderate supply as
country buyers have been stung by
habitat buoy stuff and are reluctant
tn ship it. Supply of sheep and year
lings has been heavy, on the othe,
hand and they have been persistently
pounded, killers getting fat yearlings
at $3.50 and fat at s475 or less Heav,
ewes show sharp decline, 81 so taking
good ones
Prospects are for an increase II
western lamb supply from now on
but the cream of the southern croI
is about in and very few good lambs
have reached Ohio river points this
week. There is prospect of increase
in the supply of feeding lambs which
has been very scarce, but that there
will be more, than enough to go around
is very improbable, as demand Is yer,
urgent.
For the week lambs look % cent
higher. sheep and yearaings mucl
lower. Feeders are closing steady, bu
native breeding ewes. which have bee,
in liberal supply are so cents lowel
than week ago. a lot of them beins
held at s5oo@5.5o. Kentucy buyer
have laid down and given the marke
a bump. Western ewes have bee,
scarce consequently there has been n,
opportunity to try out the market 0,
that kind. but western yearling eve
would probably find purchasers at $50
@6.25 without difficulty, as that kin,
is intensely popular.