Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-08-20
RECEIPTS ARE COMPARATIVELY
LIGHT AND DEMAND STRONG
FROM EVERY QUARTER.
GENERAL ADVANCE OF TEN,
PAckERS GAIN FIFTEEN
Cattle Trade Purely Nominal, Buyers
Suspend Activities-Week Closes in
Been Scored All Along line-Sheep
Steady, Lambs OF rs.

Chicago, Aug. 20.-Hog receipts were
comparatively light and demand was
strong from every quarter. A general
advance of 10 cents was scored and
some common mixed and packing hogs
showed gains of Is cents over values
of the previous market. Strength in
the market continued a dominant fea-
ture until practically everything offered
vas bought up. Packers supported
prices, and few We're left unsold at
The finish.
Swine trade was in about the same
groove as earlier in the week. The
range is 30 cents per cwt narrower
than two weeks ago. and it will ar
row still more if the proportion of light
stuff increases.
The bulk of the crop again sold at
$S@ S.. that range taking most of
The heavy packers and fair to good
mixed Above the sA-cent line it was
a market for prime heavy. butchers.
shipping light and pigs. An $3.50 top
was made on choice light.
i n Nii' ~ IN viz Sc'AiS'
They bought freely at sSdS.25. salts
fed. apparently. that they were not
required to take more stuff at the
prices.
Whatever change was detected yes
ter3ay was in the nature of weakness
on the SS.25MS4O class of butchers,
which shippers were sidesteppins. the
result being hat most of them sold d
y, inl-aI lou-ar paclsfDp cra1oS and good
mediums and lights were fully steady.
Fresh supply was around 10000. and
the stale stock 1924, The Ave principal.
western markets reported abou; So
900. against $4,000 last week and $4,000
a year ago. The fve-day run at these
points is approximately 205.000. against
100000 last week and 203, 900 a year
ago.
Cattle.
The cattle trade was purely nominal
and buyers suspended activities. Cattle
are closing in good shape for the week,
gains having been scored all along the
line. However, the advances We're by
no means uniform. some good stock
showing liberal advances. whereas
other classes were not much better than
steady. Butcher stock did not show
the advances displayed in the steers
division. Where steers gained % to
40 cents for the week. butcher stuff
held only steady.
h market, c~onServatively quoted,
was 2565o cents higher than a week
ago. but there have been numerous
sales Of medium to good steers since
Thursday which showed more than 80
cents advance. Even the plain light
grassers have gon at 25@35 cents
gain and sellers claimed that some
grass cattle of good flesh showed near
~ as much advance as the good corn
fed kinds. Market got a false start at
the outset of the week. Buyers then
hammered the medium and Piav,
grassers 10M15 cents lower, while pay
ing steady TO frn rates for high quail
ity lots. But since the middle rounds
of trading last Monday there has been
brewing a bullish influence in he mar
ket which has simply afforded a run
away price basis. and 1t was all due
to the fact that supply, evn tho total
ing q liberal number. has hardly been
up to the expansive needs Of the killers
and shippers.
For the five days his week receipts
have been $4,000. against 67.Ss6 a week
ago and 51.2S3 a year ago, while the
1 LII q iIiNIudNl lo,oVp CO & ! 1 dli6c
cattle. against 15.100 last week and s.
500 a year ago. Big shipments were
shut Off in a hurry after last Monday,
when an old-fashioned run of O,099
arrived. There was evidence shown
before the close on Monday, however,
that in view of the big beef require
ments, the killers well appreciated the
liberal supply, while sine then their
disappointment over the size of re-
ceipts has been plainly evidenced.
The week ahead is causing some
worry among traders. 1t is reasonable
to expect sharp reaction in prices for
ali excepting the strictly choice grades
in event that the country cuts loose
with an o~versupply OF the medium to
pretty good steers. Liberal western
range runs are assured and the native
stuff will necessarily lave to be mar
keted in conservative fashion. Esti-
mates for next Monday run up as high
as actual arrivals last Monday, and in
event Of this number arriving present
prices will likely look considerably too
hign TO the killers.
Sheep.
Sheep were steady. While killing
10 M he ,~a off o. o,,+, ,-.