Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-07-30
MARKET AT WEEK. END SHOWS
Loss OF is TO IS CENTS FROM
YEARS AVERAGE.
NOW 40 TO so CENTS
UNDER RECENT HIGH TIME
Price Reductions in All Grades of Cat
tile for the Week, With Prospect
Poor For Next Week-Sheep and
Lambs Steady-Heavy Receipts Up
set All Livestock Prices.

Chicago -uly 3o.-Hogs had bad
finish, the market being 1925 cents
lower than the average of the year
Top hogs sold at $50. the lowest mark
since Feb. 5. The market finishes 40@
80 cents lower than the recent high
time.
Dry weather and the bulge in corn
is sending many hogs TO market that
! would not have been rushed in at this
hogs.
The break of $500 cents since
Wednesday will probably curtail
Weekend buying operations in the
country and check the run early next
week.
AS shipping demand IS light packers
are taking a good many more hogs
than a year ago.
Local supply this week is around
10000. or considerably heavier than
last week and not much bigger than
a year ago when eastern shippers
were taking three hogs where they
buy one now.
Cattle were dull, and the usual Sat
urday trade was noted. The market
closes the week with price reductions
on all sorts of cattle, and the prospects
poor for the coming week.
A considerable crop is going over for
next weeks market and 1t will likely
require only a small fresh supply next
Monday TO fill the actual needs of kill
el-s. since they are holding some rather
heavy surplus stocks Of beef, and the
same is true of the situation in eastern
channels.
Market is nominally 5o@75 cents
lower than a week ago and sellers. in
summing up Thursday sales claimed
that they ca.shed some good beeves at
more than rs cents decline from prices
in force early last week. Everything
on the list has caught the break. Steers
were sold late yesterday at s7.S5, which
had as much quality as the ss.35 steers
last Monday. The kinds which were
worth 81 on the finish Thursday were
class comm anding close to Is cents
more last week and the biggest share
of the ss.oO68.75 business showed 60
cent decline, and often more. In fact.
so cent declines from last week are an
exception rather than the rule.
The cause Of ali this-69.t00 receipts
in six days, largest since last January.
against 1886 a week ago and 1898
wear ago-is receipts here because OF
the burned-up pastures. Country re-
ports of drouth have been amply verb
fed by the liquidating process begun
by many short pasture owners. and I'M
Ill there is a let-up in heavy shipments
conditions can not again right them'
selves. Minnesota and South Da1uta
are contributing a big pile Of grassers
which. under ordinary circumstances,
would not land al market until a
month or two later in the season.
These. on top of the runs from Iowa,
Missouri and Nebraska. have simply
overburdened the market and threw
them into the most unsatisfactory
condition for months past.
Packers and shippers alike have CIV
en- the market decent support, all
things considered. Naturally they have
chopped prices >righ. ana left, as Is
their won't in such a situation The
cheap and medium quality steers ap-
pear down to stay, but the trade still
holds TO the belief that period Of
short marketing Of really good to
choice corn-fed beeves would bring
about a revival of better things. since
these are relatively too low as COM
pared with the grassers.
Sheep.
Sheep and lambs We're steady, but
the week closes with lambs lower af-
ter early strength, due to falling off
of western receipts. The final days of
the week have shown heavy runs Of
native and southern lambs, and this
has played havoc with prices as they
were quoted earlier in the week.