Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-07-26
ADVANCE IN CATTLE
STRICTLY CHOICE OFFERINGS
GENERALLY HIGHER, BUT ALL
OTHER SORTS SLOW.
GENERAL HOG MARKET
WAS ABOUT STEADY
Strength Displayed in Few EARLY
Sales, But Packers Not Very Willing
To Pay Advance-Prime Hogs Reach
ss.so-sheep and Lambs Lower
Range Sheep Plentiful.

chicago, july MISUNDERSTANDING
for all choice steers was active, and
prices were generally 10 cents high
an advance of 1925 cents higher than
the close last week. Aside from strictly
choice, all other sorts were slow and
no better than steady Butcher cattle
were stronger, gaining 10 cents and
even the grassy kind showed consid-
cradle strength.
More generous receipts of cattle here
and at all western markets has en-
gendered a bearsh feeling among all
classes a buyers lately, and the gem
eral tendency has been to work for
seasonable recessons in values. This
movement has been helped along by
increased receipts of cattle from Texas
and the western range districts and by
sliding scale of quality in native Of
ferings, there being an increased per-
centage of grass-fed stock included in
the arrivals. Among the principal los
ers by the drop in values have been
the country shippers who failed to pro-
tect themselves by cheaper purchases
in the interior and the local spectators
who did not recognize the necessity of
more cautious operations.
Hogs.
Hogs were strong on few early
sales, but the general market was
about steady. packers not being en-
Unused with the notion of paving the
prices which some holders asked ear
ly. On an average, there was little diff
ference in the price of mixed and
packing hogs, and values as they stood
Saturday Prime hogs reached $50.
1t is grass widow season in the hog
market and the advance guard of an
army of sows, now weaving their pigs,
is in evidence. But for scarcity of all
kinds they would be subjected to more
severe discrimination than they are
encountering. Most of them are gaunt
and grassy and the grower is to be
excused for refusing to put corn into
them when present prices are obtain
able without such expenditure. For
merly, when corn was reasonable in
price, grain was fed freely to these
big sows and they came to market
rolling in fat to swell the lard supply
Az Iowa man Who marketed a load
of these hogs last week at $775 said:
Il never got such money for that kind
of stuff and I'd be an idiot to feed it
corn under the circumstances. One Of
those sows would eat as much corn
every day as a steer and the premium
on finish does not justify it." The
fact must not be overlooked, however,
that the coarse grass widow is not
on such secure footing as the prime
corn-fed hog and an accumulation at
the market is possible at any moment.
When it occurs packers will enforce
a half dollar decline without difficulty.
Even on bare markets this stuff is
sticky and taken under protest.
Sheep.
Sheep and lambs were lower. Lambs
were in fairly plentiful numbers, and
showed general declines Of % cents.
while sheep we're off 15625 cents, de-
pending ON the quality and weight.
Range sheep formed the principal pro-
portion of the run, and because of this
packers were in a position to force
prices lower
Some changes have been effected in
the sheep market in the past week
lambs and aged muttons getting closer
TO each other for one thing, while feed
ing and breeding grades have struck
higher level. Lambs are off 2563
cents, while sheep have gained as
much. While sprinkling of Montana
ewes has been included in the receipts
here, only odd punches of western
sheep have arrived. and the heavy NUT
ton phase of the deal has been very
strong killers scrambling for sheer
they would not look at two weeks ago
before the big run of westerns subsideG
at prices good dollar lower. 1t is ex.
pected that this bulge will start some
western sheep, altho no more gluts are
expected
| Sheep are selling pretty high bu
they are about in line with lambs, blu
the packers have determined to breal
{ the lamb market if possible, and at tht
present time they have a pretty gooe
chance provided they get anywher,
near normal supplies this week, be
4 cause eastern trade is in bad shape
4 dressed lambs selling on the eastern
e markets at cents per pound less thai
a week ago, together with the fact tina
4 New Jersey was overloaded last weel
with lambs and they have had a yer,
:. bad break down there. The one favor
, able sign Is that the Kentucky lamb
have practically been marketed and tn
e supply at Louisville from now on vii
/, be very small. The weeks receipt
j. from that quarter We're about one-hal
: of what they were during previou
I week, so the packers will have to de
: pend on the western range lambs an
e natives for their supplies, and afte
Jersey City gets Strengthened ou
8, traders look for a more steady trade
e but it will take pretty light receipt
d this week to hold it up.
It