Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-07-24
YEARLINGs AND PRIME HANDY
WEIGHTS MAINTAIN STRENGTH
-BuTcHER CATTLE SUFFER.
HOG MARKET STEADY
TO FIVE CENTS HIGHER
Shippers Were Good Buyers, and
Packers Paid the Full Advance for a
Few Mixed Hogs, Tho Heavy Roushs
and Grassers Were Slow-Sheep
Closing Week Strong.

Chicago, July 24-Cattle were nomi-
portance was offered. Increased re-
ceipts during the week have had some
effect on the bulk of offerings, especial
~ in heavy and rough grassy steers,
but strength in yearlings and prime
handy weights has been we'll maintain
ed. Butcher cattle have suffered Sc
verely. and at times have been almost
unsaleable
Seasonable widening of the cattle
price range has brought the spread"
between the value of the common
grass-fed steers and that of the strict
~ prime corn-fed yearlings to $3.50,
against s2.s5 a week ago and s2.25
month ago. Sales of steers this week
have been made from $500 to s7.65,
while a week ago range of from s4.65
to $3.50 was sufficient to cover all sales,
and four weeks ago supplies We're dis
posed of within a range of s5.00@7.25.
The big range this week emphasizes
the necessity of cautious operations on
the part of the country shippers who
buy cattle to sell on this market The
fact that range of 1855 is necessary
to cover the values of cattle all CLASH
fed in the one class of beef cattle"
illustrates the severe discrimination
killers representative use in apprais-
ing the stock which is received here,
and in order TO discount this close in
spection buyers in the country must
use the same amount of cautiousness
in making their purchases. on be greatly
disappointed and probably lose money,
When the sales are made here.
There was an increased percentage of
steers to sell from $500 to $500, and
sales We're made down to s. cents lower
than a week ago, indicating the de-
terioration in the quality and the de-
cline made in prices as compared to a
week ago. Countrymen who keep their
eyes on the top sales should take a
glance at the other end of the sales
column and notice how many loads of
steers weighing almost identically the
same as the market-toppers are SELL
ing down to s200@300 lower than the
best figures.
Hogs.
Hogs were steady to five higher. and
shippers We're good buyers for good
butcher weight and strong weight light
animals. Packers bought few mixed
hogs, paying the full advance Heavy
roughs and grassers were slow.
The weeks supply is little less than
last week, While shippers have taken
about the same number, consequently
packers have secured very few hogs
The five western markets had about
10000, or 10000 less than a year ago,
and the weeks run at these points is
approximately 100000, or $4,000 less
than last year.
With better tone to the hog market
IT looks as if an improved market for
lard is in sight The very slight offer
ings especially Of lard, induced invest
ment buying Of product and later re-
ports of foreign demand for lard on
the basis Of September prices gave the
market a better undertone and more
trade. 1t is very unusual to see Sep
July.
Sheep.
! Sheep were unchanged, and offerings
were scarce, consisting of few scat
tered lots with nothing of quality.
Since the opening Of the week, there
/ has been gradual falling off IN prices
and range lambs have suffered more
than natives. Sheep are closing strong,
the spread between sheep and lambs
which has been so wide. having been
4 materially narrowed.
During the week sheep and lambs
have got closer together and the
/ spread now looks reasonable. Lambs
are off 26@50 cents for the week,
while sheep have gained as mucn
While a sprinkling of Montana ewes
has been included in receipts this week
only odd punches of western sheep
/ have arrived, and the heavy mutt IN
phase of the deal has been very strong
killers scrambling for sheep they would
rot look at two weeks ago, before the
, big run of westerns subsidized at prices
a good dollar lower. 1t is expected
that this bulge will start some west
ern sheep altho no more gluts are
expected.
Southern lambs are not coming from
Louisville so freely, but Jersey CITY
has been glutted with Virginia stuff,
and that market has been badly d.
moraiized, causing 3-cent break in
dressed lamb on the big eastern mar
ket and cut off demand here. A big
run at Jersey City is seasonable and
always has a demoralizing effect.
The southern crop of lambs is about
all in. Tennessee was bare some time
ago and it is getting hard picking in,
Kentucky. Next week will see d
marked subsistence in supply from that
quarter.
Breeding and feeding stuff has been
abnormally scarce this week and has
been marked up sharply, feeding lambs
being taken out as high as $500 Feed
ing sheep are quotable at s4.25@45O
and yearlings around $500 Aged breed
ing ewes are worth s5.5O@600, and
yearlings. which are very scarce. have
crossed the Scent line
Chicago Livestock.
Chicago, July 24.-Cattle-
receipts for today, 800; opened steady
Beeves ........ -. ...... 4.50@7.so
Texans ....,. -. ........ 4.00@5.75
Westerns 80. 4.0o@5.7s
Stockers and feeders $3.50. 3.0O@5.1(
L IN