Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-08-02
MARKET SHOWS GENERAL WEAK
NESS DESPITE MODERATE
FRIDAY RUN.
HOGS RECOVER FROM
THURSDAYS SLIGHT SLUMP
Prices Generally 5@1o Cents Above
Thursdays Average = Sheep and
Lambs Steady-Review Of Market
Conditions at Livestock Centsrs-
Current Quotations.

Chicago, Aug. 2.-Weakness pre-
vaded the cattle division today, despite
the fact that receipts were light ant
not in excess Of the usual Friday run
Packers showed little interest.
Whether the increased run this week
will afford them filling all their fresh
ebct demands and at the same time
Pile up a surplus in coolers is matter
which the coming weeks trade will
have to determine. A moderate run Is
in prospect for next week. There is
expected a few shipments from the
Dakota range and these should have
effec. in cooling down the demand for
medium and plain native grassers. but
supply situation as affecting the ma
tives off pasture Is not such as causes
worry among sellers over probability
Of the natives being hit hard, and the
fact that the first arrivals OF range
steers this season made exceptionally
grand prices is strong evidence that
killers would like a liberal early season
run of the rangers to come forward
Nobody has the least hesitancy over
the future of the fat steer market. A
$1,000 trade for prime beeves is an i'm
mediate prospect. 1t may come at the
start next week in event that only
few lots of prime steers land that day.
A buyer on being asked his opinion
regarding the summit to be reached
this season in the prime steer trade
said: There Is no limit. I believe as
did an old friend Of mine who was a
Spectator, that commodity can go
down only to the point where it is val
ueless, but it can never stop going up
in cost as long az there is demand for
it."
Still, beef Of prime grade must have
its limits in value, and the belief is
growing that $1,000 market. If 1t ma
terializes. will come pretty close to be-
ing top for long time ahead.
The run this week is quite decent in
size all around, and we'll it needed to
be. Chicago has had 1880 cattle in
four days, against 2s,15s week ago
and 57,57s a year ago. while OF this
crop the shippers have taken 1880, an
increase of only $500 over a week ago,
and thus the chief force Of the demand
has come from the killers, who have
not endeayored to conceal a real need
for every bullock they got. At the six
markets there have been $4,000 cattle
in four days this week, an increase OF
$4,000 over week ago and $4,000 less
than a year ago.
Hogs.
There was a brisk demand for hogs,
considering that arrivals amounted to
only 10000, and prices advanced 500
cents above Thursdays average
Chicago received 1o5,400 hogs the
first four days this week. an increase Of
1850 compared with the same period
last week and even 10000 compared
with the corresponding time last year.
Eleven markets had $4,000 hogs yes
terday or $500 more than week ago.
5,40O less than year ago and $500
more than the corresponding Thursday
two years ago. Total for the first
four days this week aggregated 2s5.000.
or $1,000 more than the same period
last week, 1000 less than the like time
last year and $4,000 more than the cor
responding time two years ago. Chi
cago was the only market showing in
crease over a week ago and year ago,
except Sioux City, but the comparative
gains at the latter market were lighter
than at this market.
Sheep.