Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-07-25
HEAVY RECEIPTS OF BOTH CAT.
TIE AND HOGS LOWER MON
DAYS PRICES.
CHOICE STEERS DOWN 10 TO IS,
BUTCHER CATTLE THE SAM
Hogs Lose 10 to IS Gents But Rally
Late in Session overeomes Portion
Of Losses - Packers Slow to Enter
Buying Lists-Sheep and Lambs
Strong.


were TOO heavy for urgent needs OF the
trade, and prices were generally lower
Choice steers were 1O0 10 cents lower
but it was figured that late sales OF
medium and grassy stuff would sho "
breaks of 15Q 20 cents Butcher cattle
were 1o015 cents lower.
Supply last week included big
quota OF common and medium natives
out OF dry pasture territory. The eff
feet OF lack OF moisture was plainly
evident in the marketings all around. in
fact. and unless the country gets a
good wetting soon prospects are IA
vorahle for further cutting loose Of
liberal supplies of steers in pastures
which will effect some shorter crops
later in the season Ihan would other
wise be the case
Western rangers and Texas. the
former largely OF plain quality natur-
ally cut into the native market as COM
petitNe factors. Packers are finding
The westerns a pretty good killing
proposition al current prices, and altho
beef pat onto The market a. prices bet
ter suited 20 consumers idea OF value
tnan is the case in handling he me-
diu,n natives which still are selling
rotches below prices a few weeks back
when shorter runs We're available
Yearling crop was rather heavy and
inuciuaed sonnet floice grades. put the
biggest share OF yearlings were medium
to pretty good kinds. and because OF
liberal supplies. these all. excepting
choice quality lots. met declines meas
uring a bout equal - hose forced for
me heavier steers
Eastern shippers bought a fair quota
o. lhe receipts and gave favor II good
10 choice quality strong weights. al
tho moderate quota Of medium grade
steers found outlet thru this source
and also fair crop OF light era sse-s.
Snipr ents for the week were upward
OF 26,0G0. a gain OF more than 5000
on week ago, and i, was. in fact.
this appreciably good outside demand
/ Nhsch prevented further price recess
sons
Until the western range crop shows
! some better standard OF quality Il will
be the medium and plain natives which
must suffer competition from them
rather than finished steers. and altho
he trade is looking upon the future Of
f, medium and plain steer market as un-
! tavora Bile TO a goo6 selling situation.
+
! Tor finished kinds. available supply Of
/ which is running quite low
Wide price range IS expected 10 con-
! tinue indefinitely. Ii IS a case OF severe
{ discrimination between choice and me-
! dunn and down to common grades
/ Hogs.
| Hogs opened ioll5 cents under Sat
| urday's prices and worked down l50
! 20 cents below the closing level of last
! Week, and only partially recovered. late
sales being about 10 cents lower. Pack
ers were slow 70 buy. but when thew
finally took hold prices were raised a
little from the early depressed period
It is the general belief in the p-o-
vision market on the board OF trade
mat Armour is arEayed on the bull
s!Ee Of the market in lonely grandeur
AS opponents and as bears may be
seen many OF the smaller packers. in
Guiding those in the interior. Armour
is believer in hog products for more
reasons than one. He has noticed the
brother packers because OF the unusu-
ally small demand for meats and lard
at this season Of the year He has
noticed the hog run was larger than
usual at this season and he has also
noticed that hogs were heavier than in
some time
The wizard Of the provision pit has
been impressed with the idea that ba-
con and lard and heavy meats will be
wanted III gondly quantities before
snow flies and he is making a stand
50 that he may reap a rich harvest
out Of his long holdings-present and
prospective. There are some in the
trade who believe that hog receipts
VIII fall off. One Of these is Armour.
Sheep.
Killing sheep were strong to Is cents
higher. Lambs were strong and feed
ing stuff steady 70 little higher.
While there seems nothing at this
time 10 cause any wildly bullish sent!-
lment relative 10 market prospects for
the immediate future. there are fac
tors inclined 10 Undue shippers with
the hope that a re-Occurence of last
weeks rotten market is not among
the probabilities. More native lambs
may be expected this week. for prices
are back TO a point where the country
operator may resume business, but the
southern crop of lambs is dwindling
rapidly as is indicated by the sharply
reduced supply from that quarter this
week and marked deterioration In its
quality. However, the movement OF
southern lambs was checked last week
by the same condition that checked the
run of natives, and next week they are
likely TO move more freely. tho this
supply is undoubtedly getting very low.
Range lambs viii become more
plentiful. but they will not all be fat by
any means and feeders are not likely
10 let any desirable light fleshed kinds
go begging for buyers. The same is
true of the range sheep situation. Many
figure that demand for feeding and
breeding stuff will become more acute
as farmers get thru with the rush
of farm work, and since recent good
rains have done so much to insure
bountiful crops of feed stuff in most
sheep feeding sections.
Chicago Livestock.
Chicago, July 5.-Cattle-Estimated
receipts for today, $4,000; opened ten
lower.
Beeves . .. 1901 $50
Stockers and feeders ...... 4.1096.35
Cows and heifers .-....... 2.60Q SIS
Western . .. 5.00667o