Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-07-22
BULK QUICKLY MOVED WITH
BEST SORTS SHOWING
STRONG TONE
BEST PRICE OF DAY FOR
PRIME SORTS is $3.50
Cattle Market is Nominaliy Un.
chaneed-Lambs Rule Strong But
Sheep Are Weak-Reeeipts For tho
Day Are Lieht-Quotations From tho
Leading Market Centers.

Chicago, July 2a-Hogs closed steady
with the early advance mostly lost
Bulk sold early in the day with the
best sorts showing a strong tone. The
top was $685.
Confined receipts. of hogs at eleven
markets yesterday totaled 10000 or SEQ
more than week ago. $500 more than
year ago and 23,5oO more than CORE
spending Friday two years ago. Chi
cago received 5000 more than week
ago and 1900 more than year ago.
Kansas City had 5000 les than week
ago and 600 more than Year ago, ON
aha had l.400 less than week ago and
1000 less than year ago. st. Louis had
500 more than week ago and 1000 more
than year ago. ST. Joseph had $500 less
than week ago and 500 less than year
ago. Sioux City had $500 more than
week ago and 1900 more than year
ago. Total thus far this week 4010 600.
or $4,000 less than same time last
week, $1,000 more than like period last
year and $4,000 more than corre-
spending five days two years ago. To-
tai for 1911 to da te 100000, or B.
100000 more than same period 1910 and
1900 more than corresponding time
1909.
Cattle.
Cattle were nouinally unchanged.
Packers make no concealment of the
fact that the abrupt halt in the rloveI
ment Of southern stuff has embarrassed
them. They argue, however. that the
repairing of prices so conspicuously
III evidence this week. will renew the
run. That most Of the fed Texas crop
IS already in killers hands Is an open
secret, however and a the southwest
ern country is getting some rain right
along. no sluts from that quarter is 70
be expected The southwest Is by no
means long OH cattle, the main trouble
in that quarter having been lack OF
feed and water. and with that defiic!-
ency remedied, il is highly probable
that the easy buying killers have ex
perienced could no longer be a market
feature.
The gratifying development OF the
week has been the necessity Of adj
hitting their needs under which pack
ers found themselves. On Monday,
with liberal receipts, they assumed a
bearish attitude. despite the fact that
supply was light everywhere else and
had their way about it. On Wednes-
day they tried the same stunt, but fell
down, and the latter part Of the mid
week session saw a scramble TO pur-
chase. The claim that beef is not going
into distributive channels promptly has
been effectively disproved by the
weeks events.
A sprinkIing OF range cattle from the
northwest got in this week, but they
were drouth refugees from South Da-
kota and feeders got most Of them.
During the corresponding week last
year a similar movement, but OF much
larger volume, vas in progress, that
week fetching 1000 range cattle co the
local market but some of them sold
a $1,000 SIS. and many at $1,000 $50.
The northwestern beef prospect is any
thing but luminous. Montana will
send some fat cattle, but both Da-
katos are admittedly in a bad way.
Receipts OF cattle at the six markets
Yesterday were $500. compared with A.
900 last week and 1890 a year ago.
For the first FIVE days Of the week
tiler4 have been marketed at the six
markets 1880 cattle. against 155 900
last week and $4,000 for the CORE
sponding time last year. A glance at
these figures viii! be sufficient to ex-
plain the strong tone in steers this
week. and it will also be a guide by
which to ship the coming week. The
market has improved very decidedly.
but q heavy run the coming week
would serve to undo all that has been
done this week in the way of improve
ment. The country is, therefore. b=ing
advised 10 market moderately for the
coming week to give the trade a chance
70 establish permanent strength in the
market.
sheep.
Lambs We're strong but sheep We're
weak.
Statesmen are finding it hard going
with the big ewes again, prices hav-
ing fallen back 40M 30 since the start
this week and are now more than 75c
off from the strong prices paid here
for good ewes less than three weeks
ago. Values are back to about the
low level here late last month. god
fat class of big native ewes going. at
$3.50 and a fairly good class a. 1925,
the former being such would have
made 81 here readily last week.
Breeding ewes are holding up fair
~, but very few Of the best yearlings
are wanted above s..25, the bulk of
ewes selling at s3.75d4.l0. such as
sell above that being of the most de-
sirable blood and age.
Lamb market has been brisk and the
choice lambs Of good weight go quick
ly at the best prices of the week. load
of choice eighty three pound lambs
selling early yesterday up TO $40 and
other choice lots reaching the same
price which stands as the top figure Of
the week for both native and western
range lambs.
Chicago Livestock.
Chicago. July Observation-Disclosures
receipts for today, 400; market opened
Resvs. .. ....... 5000 700
TEXAS steers ........ $50 800
Western steers ........ 1000 $50
c+ocl..rs and feeders 3OOm5 80