Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-07-18
ONLY BEST SORTS OF STEERS
AND CATTLE MAINTAIN
PRICE LEVEL.
EARLY STRENGTH IN HOGS
FAILS TO BE MAINTAIN ED
Market Strong at Outset But Prices Go
Back TO Saturdays Closing Prices -
Sheep Market Pounded on Heavy
Run But Lambs Are Higher Because
Of Lighter Supply.

Chicago July 1S-Choice steers ana
better sorts OF butcher cattle went over
the scales Of prices which We're ABOUT
like those that could be obtained al
the best time last week, but under
grade sorts Were generally 10 cents
lower than quoted last week.
Receipts Tor last week We're 90 400.
against 3S927 last week and 1928 a
year ago. while al six markets the total
was IA 500 comparing with 10s.Soo last
week and 13s,20o a year ago. Supplies
were thus quite liberal at the principe
market centers and in view Of this the
quick reaction from weak situation
at the outset proved somewhat sur
pris!ng!
Killers have been keen to hold down
the prices for lower grade grassy ma
t!ves, and this week succeeded in get
ting poorest kinds at lowest basis of the
year TO date, buying Missouri Texans
at s475 and also some inferior natives
for slaughter az the same price. Range
Of prices between poorest and best has
been widest In months, a spread of 1888
being noted between values for poorest
to prime beeves, and there is a pretty
firmly rooted opinion IN the trade that
wide price spread is to continue IN the
next few months. -Altho the crop OF
choice beeves has for several weeks
past run little heavier than the trade
expected the choicest lots are falling
shy now and the impression prevails
that they will continue very scarce.
Eastern demand for that class is firm
enough TO hold prices up 10 present
levels, # not force some advances. but
a. the grassers are moved freely now
and soon will meet competition from
liberal marketings OF westerns. big
ger crop Of them seems destined TO
go under 500 Likewise the spread be-
rweer prices for merely good" killers
and those which the trade calls choice"
should widen.
Hogs.
Hogs were strong az the outset, but
the strength did not last, and at the
finish there was little difference in the
prices paid and those quoted Saturday.
Butcher hogs showed a gain OF about
cents on An average. tho lights were
no higher and the market lost its early
snap. closing slow.
Last weeks receipts at 1o1. 500 stood
against s2I32 last week and 1880
year ago, while at the six leading mar
kets total OF 2e1.5o0 was received,
against 1s2. 900 last week and $4,000 a
year ago.
1t was a selling market all week
Few OF the country buyers who had
hogs here we're inclined to carry them
over from day of arrival to the next,
The situation has been gloomy one as
viewed by sellers. and the only re-
deerning feature OF the deal has been
q relatively better demand for the
heavy packing hogs. The week pre-
vtous these were q drug and sold at
wide discount from the nice grade
butcher and light weights. Their cheap
ness, however, became apparent to the
killers, who took hold greedily az the
low rates. and the result is a little
better situation in packing hogs, as
against the lights and butchers. Price
spread IS not as wide as a few days
ago. but just how long the heavies will
enjoy fair favor IS problematical
Busy tine on the farms is not stop
ping a movement of hogs. market is
plenty large enough TO fill demands and
the trade is not looking forward TO
material price reactions as probable
right away. Pork demand is not such
as makes big buying necessary, and
packers are not in a mood to store up
meats freely, even tho the cost is many
points lower than few weeks ago.
Sheep.
Sheep were pounded and many look
ed fully % cents lower on the heavy
run, tho lambs being in lighter supply.
We're higher and showed gains OF IS
cents on an average. medium sorts
making sharper advances than the bet
ter sorts. Top was 1856.