Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-07-20
HEAVY RECEIPTS TOO MUCH FOR
THE EXTRA TRADE AND
PRICES OFF 10 TO is.
ALL GRADES AFFECTED:
WESTERNS HARD TO SELL
Hogs Also eGt Severe Jolt, Prices on
Bulk Recedine 25 cents-Top Of So
For Lights - Sheep Steady, and
Lambs Stronger, Bidding Boosted
IS Cents.
hot rivalry which exists bet


Chicago. July 2o-Heavy receipts il
cattle were too much for the early
activity in trade, and buyers had things
pretty much their own way. Prices
were generally 10 TO Is cents lower
! on steers. and weak to 10 cents lower
on butcher stuff and western offerings
We're hard TO sell.
Market for the medium 70 pretty
( good steers ROW shows a basis loo )
4 cents lower than last weeks closing
and the common and plain grassers.
too. are that much on, while the out
look is anything but encouraging for
| such classes later this week Another
/ decent sized crop Of western rangers
and Texans Is in prospect for Thurs
day, and in getting the latter classes
at prices on relative basis with na-
tives OF like grade killers are inclined
TO show them preference. Short grass
sections OF the corn belt are cutting
loose rather literally with warned-up
and grass-fed stuff which shows only
N e5iocre quality, ana the trade in be-
ing quite literally supplied with that
class IS not acting we'll. Beef demand
is amply supplied and while killers are
getting some surplus stocks com plant
OF poor beef outle-, the situation as re-
CARDS consumptive outlet is not such
as prompts extensive buying at present
prices, and the feeling in killers quar-
tiers is beariSh.
Supply from corn belt feed yards is
running considerably heavier than was
supposed a few weeks ago would be the
case this month. Early season predic-
tons were COR g cattle famine" in
July, but there has been no Indication
OF any scarcity Even the buyers
them selves are somewhat surprised at
the volume OF supplies from middle
western states, and instead of having
10 depend upon Texas and the north
west states TO Ill the gap. they are
finding that the crop from all quarters
is plenty large enough for their re-
quirenea-s. and accordingly are lean
ing toward the bear side With all the
consistency which is allowable at this
tine.
Conditions affecting choice TO prime
steers are different for the reason tha,
these are not in very big supply. Still
there is coming forward a reasonably
good sized crop of choice grades.
which. too, is proving large enough to
fill the demands, and prospects for 50
tops are not as rosy as a few weeks
past It's an 5000 $50 market now
for the kinds OF high quality and all
the fat necessary to make them choice |
beeves. These are off largely % cents I.
from top point this season, with the
buyers holding down the lid 10 the best
Of their ability.
Hogs.
Hogs were 10d Is cents lower on bulk
and at close were as much as 25 cents
lower in spots with fair packing hogs
selling at $500 10 $40. A smaller I
packer put up a load Of heavy hogs at |
s715 The top was go for lights.
Seventy-one thousand hogs arrived !
al eleven markets Tuesday, or 1000 .
less than a week ago. 1900 more than |
a YEAR ago. and 5000 less than two !
Years ago. Chicago received 1000 more |
than a week ago and 1000 more than
2 year and TWO years ago. Kansas |
City reported 1000 less than a week |
ago and 400 more than year ago. !
Omaha received ! 800 more than week
ago and 400 more TRAN year ago.
Sheep.
Sheep vera steady chile lambs were |
stronger a gain and prices were boosted (
another % cents, making a gain of so .
cents for the/last Two days. Prime
lam Us went at 1925 early and others
Were he'd al higher prices.