Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-08-02
MANY SALES SHOW ADVANCE OF
TEN OVER LAST WEEKS
CLOSING FIGURES.
HOG MARKET AVERAGED
FIVE TO TEN HIGHER
Some Packing Grades, However, Had
to Sell at Slight Decline, Packers Re-
fusins to Pay the EARLY Advance -
A Few Prime Native Lambs Strong,
But Sheep Slow and Easier.

better grades of steers We're strong,
and prices generally were a little high
er, many sales showing an advance of
10 cents over the closing figures last
week. Undergrade and common steers
were steady, while butcher stock We're
slightly stronger. The first liberal COR
signlnent of Montana cattle of the sea-
son was received, and they showed ex-
cellent quality.
Influenced mainly by hot weather re-
striction of demand, killers have found
marketings adequate to the require
ments. The trade has been an irreg-
ular one for a week and sharp dis
elimination has been shown toward
grassy natives and the short-fed kinds
in favor or good to choice quality
strong weight steers.
The present week is expected to
bring ont a fair volume of range cattle
marketings, and these with the looked
for Texas delegation, may have a rath-
or serious effect on the prices for ma
tives which are not of a grade good
enough to suit the shippers and eX-
porters.
July receipts of cattle at Chicago
totaled around 10000, practically the
smallest July total since 1894 A year
ago arrivals were 202 ,992 and two years
ago 262.53o
One year ago a report on the cattle
situation summarized this. "F,xporters
have done very little, being discouraged
by foreign conditions. They bought
some steers up to $3.50. but considered
cattle of that class too high ITO pay out
on the other side Now that the west
ern range cattle are coming freely 1t is
harder to get action on the common
and medium native steers of the same
grade and quality. Buyers prefer the
rangers and as long as they realize that
they can depend on this supply they
will pound the natives with all their
might. High class finished cattle are
getting scarcer all the time and many
predict that they will soon be in the
curiosity class. Buyers want good
steers, but they are not eager to pay
fancy prices for them"
Hogs.
Shippers bought their hogs 5 to 10
cents higher early, paying only about
5 cents higher on date purchases. Some
]
decline, as packers refused to pay the
early advance.
Not many dealers have been looking
| for many hogs early this week, espe-
cially if work in harvest fields is posi-
I BILE. The big run last week is not gen
orally construed as meaning that a lot
of stuff is pressing on the market. Con-
ditions We ripe for an expanded
I n IL L.
checked it.
Liberal rains in many sections have
been responsible for a heavier move
nent. Local receipts were around 49,
900 or $4,000 more than previous week
and 10000 more than came during the
same period last year Shipping de-
mand has been good. however, shippers
taking about $4,000 hogs, or 5000 more
than previous week and 5000 more
than year ago.
Barring July 1904 when hog receipts
were curtailed at Chicago owing to a
! strike, the months total al about 49,
500 is the smallest for July since 1895
On the violent breaks in prices Of
products for few days past. however
|, packers have accumulated much prop
erty Their brokers were buying Sep
TENDER ribs Saturday morning. Stock
, reports are so small that it only takes
a little buying to advance prices
, sharply.
Sheep.
= Sheep were slow and sold late in the
day. at a trifle easier prices. A few
prime native lambs We're strong, but
a undergrades were weak and slow sell
ers Western lambs were steady or
good sorts.