Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-08-29
HEAVY RECEIPTS IN CHICAGO,
OMAHA AND KANSAS CITY HAD
WEAKENING EFFECT.
BULK DECLINED 10 CENTS
OR MORE BEFORE CLEARANCE
Hogs Take Another Jump, Being
Strong and Active at Advance of IS
to 20, With Nearly $3.50 Top-lanbs
Strong, Sheep Steady, in Good De-
mand, Shade Higher.

! Chlcago, Aug. 29.-EeaNy TecelplS VI
cattle forced the market to a slow pace
this morning, with such price changes
as were made on the side of dock de-
clines. The big supplies at Omaha and
Kansas City We're far in excess OF the
needs of the trade there, and had a
weakening effect on the local trade.
\ few choice steers sold at steady
prices. but the bulk showed declines OF
10 cents and it looked as tho further
reductions would have to be made TO
effect full clearance.
Receipts for the last week totaled
$1,000. against $3.50 the previous week
and 57.4S2 year ago, While there were
included 1880 western rangers,
against 1850 week ago, an a singu-
lar fact was the advance of 15@ %
cents in range steers this week in spite
If declines for natives. The gains for
westerns in face of the increased run
plainly indicated broad packer de-
mand for The western beef. High prices
reached FOR natives last week put
cheek on the consumptive outlet and
BUYERS were out to trim down the VAL
ues this week and effect, if possible,
renewed activity in the beef trade.
quality has shown pretty fair
average. Choice long-fed beeves We're
numerous both on Monday and We'd
nesQay In fact. these kinds have
shown up more literally than the trade
expected Still there is reasonably good
demand for that class and altho they
closed lower this week the trade is not
expecting that the long-feds will re-
main down. since the supply of them Is
not above actual needs. AS long as the
westerns are marketed moderately sell
ars are not much in fear of continued
depression in values for medium to
good natives. 1t has been an ln-and-
out market for several weeks past,
high one week and lower the next
week. but still the prices on the close
his week are few notches above the
low spot TWO weeks ago, and thus the
killers are not taking off as much as
the sellers put on.
Hogs.
Hogs were strong and active at the
opening. packers took hold freely and
prices gained Is to 20 cents with an
early top for lights at $3.50.
ONLY so. 900 hogs arrived at the Chi
caeo stock yards last week, being e.
600 less than arrived previous week,
9 800 less than a year ago and 500
more than corresponding week OF 1908,
when the run was unusually small The
CORES; 5nding week Of 1899 arrivals
were ls9,S99 and the eleven-year aver
age Of the corresponding week since
1898 was 117,1So.
1t is estimated hogs received here last
week will average 253 pounds against
254 pounds previous week, PA pounds
q year ago. 223 pounds two years ago
AID 252 pounds corresponding week OF
1907.
Average price of hogs at Chicago last
week Ss.62, being highest since the sec
ond week of July. standing IS cents
higher ,han previous week, 10 cents
higher than a year ago. s2.22 higher
than two years ago and $50 higher
Than three years ago. In 1902 the av-
erage was $7.51 while the correspond
ing week of 1899 the average was only
- So.
Sheep.
Lambs Were strong. tho not marked
~ higher, prime westerns selling early
az 81. with some held at higher prices.
Native lambs made $40. Heavily as
sorted sheep We're in good demand and
steady TO a shade higher.