Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-08-14
WEEK HAS BEEN FAVORABLE
FOR RAlsERs WITH STOCK
OF QUALITY.
SLUMP OF S TO 10 CENTS
IN HOG QUOTATIONS
"A Few Sales Made at So for Lights,
But Prices for This Grade Later Fall
OFF 10 Cents-Lambs Close the Week
Strong, But Sheep Are Weak-Cur-
rent Quotations.

Chicago, Aug. 14.-Cattle nominal,
there being no trading. A strong tone
has been displayed in the steer mar
ket this week. Shippers have been ac-
tive buyers for the better classes,
while fair sorts have held steady, I'M
der grade offerings closing lower.
Broadening demand featured the
market from the start this week. Both
packers and shippers have been good
buyers Of steers and while there was
not much of an export call it has nol
been needed as a market bracer Free
disposition of beef in the east has
helped considerably, while the local
coolers have not been heavily filed,
and a fairly good consumptive outlet
in this quarter has also been a slim
ulating factor in the trade, which held
prices from sharper breaks which
might otherwise have been forced in
consequence of increased marketing
Killers have not had enough of the
westerns to fill their requirements and
were forced into fairly liberal patron
age of the s4.75@ $500 natives on this
account. Last week it was hard to in
Wa
less liberal price concessions were
granted, but broader beef demands
this week necessitated bigger buying
and sellers were thus able to hold the
prices to fair to good levels. Naturally
the westerns are having some depress-
ing effect on the market for the palmer
grades of natives, but the trade has
not as yet experienced the price slump
many had anticipated once the rangers
began moving freely. Shippers, es-
pecially the smaller eastern concerns,
have evinced a stronger interest IN
the medium and plain steers than re-
Gently. and this, as we'll as packers
buying, was price holding factor.
Hogs.
Hogs finished 5n10 cents lower. A
few sales made early to shippers at
steady prices formed only small per-
centage of the offerings. and even good
hogs We're weaker after the opening
hour. Packers forced prices of mixed
and packing grades down to the limit
of the decline. The top was So paid
for light, but at the close good light
animals could have been bought at
$3.50. $50
The weeks supply will round out
close to 100000. A moderate run and
decidedly lighter than a year ago. The
five principal western markets had
$4,000 yesterday. or about the same
as last week. The five-day run AT these
10000 less than last week and 49,
900 less than year ago.
Continued moderate receipts are ex-
49, = A. y.
very uncertain proposition, and what
lit may do defies successful prediction.
Cash demand for lard for export and
domestic demand for dry salt meats
Ihas been so heavy that the packers
seemed to feel encouraged in advanc-
ing their prices on lard and ribs
Stocks of provisions here and else
where are very moderate, and if re-
| ports of heavy rains in the southwest
will benefit the cotton crop as much
as is anticipated, there will he, no
doubt, a very large consumptive de-
mand from now on from that section
of the country.
| Sheep.
Both sheep and lambs were steady
| but trade was slow and but little was
done. Lambs close the week strong
while sheep are weak.
There Is no export demand for sheep
consequently no competition, and they
would be worth little or nothing II
feeders were out of the trade. Feeding
sheep are selling right up with fa1
stuff, a big string having been taker
out this week at S455.
Feeding stock is very scarce and a
the high point Of the year. Good tt
choice feeding lambs are worth $3.50
@6.s5; yearlings s51525. and sheer
S4@4.5o. Western breeding ewes are
not to be had. Natives are selling
largely at S4.50@5.
A year ago the market was slumpy
A big run of Idaho lambs got in ant
$6@6.50 took them. Western sheer
sold at $40. Western lambs wer,
not coming good, being badly dried
out. Native lambs We're an ordinar,
lot and few got past the 6-cent line
Eastern markets were glutted and tn,
trade generally in bad shape. Feede
stuff was much lower than at pres
ent. Common to choice feeding lamb
were worth s4.5o@5.50: yearlings S
@4.50, and sheep s3.50@410. Fo
breeding ewes it was a $3.50@5.5O mar
ket.