Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-08-27
ONLY 800 OFFERED AND NO Ac-
TuAL TRANSACTIONS OF ANY
CONSEQUENCE.
BUTCHER STOCK AND
WESTERN MADE GAINS
At Weeks Close Prime Steers Showed
General Decline of IS to 80 Cents
But Trade Lacked Active Support
Sheep Market Strong.

Chicago. Aug. 2I.-Only 500 cattle
were offered and the market was nomi-
nal. with no actual transactions of any
consequence Steers. especially those
of good finish. had to sell lower at the
close OF active trading, while butcher
stock and western cattle showed
gains.
At the close Of the week prime steers
showed a general decline of Is to 80
cents Western steers were wanted
ana closed 10 higher.
Prices for bulk OF steers today were
% q SIC lower than high spot las. week
and there We're numerous instances OF
soc. and even more. TO decline. Not
only We're these shown in comparison
With the high spot week ago, bu; also
against some early selling last Mon
day Market started downhil in the
late session Monday, but velocity OF
the decline did not reach maximum
until the late rounds Wednesday. when
buyers fattened up t!leir batting aver
ages by chopping prices for good TO
choice steers fully 25c in many in
stances compared with best levels of
Monday. The medium and plain grades
men - S!IN ~ u 1 JC lower. ana AGAIN
Wednesday these showed largely 100
15c drop. with some of the s6.75 q 90
stuff on the close that day as much as
&c under Monday Today the price
trend was still weak. and where sales
We're forced new declines We're effected.
Market is thus closing down in
rut, and the weak situation now cur
rent is in wide contrast 10 the urgent
demand which characterized the trade
a Week ago today. when numerous
sales OF steers We're fully SOC higher
than the week previous. For several
weeks past II has been an in-and-out
market. high one week and lower the
next. and following this precedent the
market next week is due for another
jump, altho traders are not keenly in
hopes of any such turn in affairs. For
several weeks the killers have been
endeavorng TO get some surplus beef,
and the fact that last weeks high
prices run the beef cost up 10 pretty
stiff figures has resulted in balky
consum ptive demand.
Hogs.
Hogs showed strength at the open
ing, but only scalpers and a few
shippers supported the trade. Some
sales looked to 10 higher than yes,e
most exclusively to medium grades,
packers and lights failing to show any
Improvement.
The genera, hog market opened
strong and the later packing grades
sold fully sc higher than Thursdays
best time with instances of even more
advance, some Of the packing droves
costing 6Q9c more Including 500 d.
recr from 81 PauI for a armour eleven
packers purchased only 900. while
the pens Most of the hogs carried
which were Indifferent sale, as packers
OF prices was narrower than earlier in
the week, and buyers claim the
spread" Will get still narrower in the
near future. Receipts hardly reached
expectations. but quality was good.
Mixed packing sold az IS 80 So, bulk
around $3.50
Combined receipts al eleven mar
kers today 5000 or 1000 less than
week ago and 1900 more than a year
ago. Receipts at eleven points first
Ave days Of this week 273 900 or $4,000
less than week go. 5000 less than
year ago and 1900 less than two years
ago. Chicago mus far This week re-
ceived 2150o less than a week ago and
500 less than a corresponding period
| year ago.
Most of the stuff in the sheds today
was shipped direct to killers and never
placed on the open market. For the
week lambs have gained 10 to %
sheen finished strong