Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-01
SAW OPPORTUNITY TO
FORCE QUOTATIONS DOWN
Cattle Steady For Best, Other Grades
Lowsr-Rsview Of Market Conditions
Current Quotations at the Various
Livestock centsrs-othsr interesting
Market News,

| tinue to gain, will soon be outselling
| the weighty offerings Of corresponding
quality, and unless the number of
heavy sows decrease the discount on
| them will be much larger than at pres
ent. Quality is fairly good. but there
| is a scarcity Of offerings weighing from
$50 pounds to 220 pounds, except when
| in the mixed order.
Receipts of hogs at Chicago stock
yards last week totaled 10000, an in
crease OF 1s.4o0 compared with the
previous week. 1900 compared with the
same week last y ear and 23.70o COM
pared with the corresponding week two
years ago. The same week during 9TH
err years previous to 1910 was also
lighter as a general rule than the pres
ent one.
Estimated average weight Of hogs at
Chicago was 237 pounds. or the heavi-
est Of the year, one pound heavier than
the preceding week. two pounds heav-
Ter than the same week year ago, and
three pounds lighter than the cores
ponding week in 1910 Increased aver
age weight along with the increased
supply netted packers a good many
pounds OF pork
Cattle were steady for best, but me-
dunn grades and grassers were 500
cents lower than Saturday.
The past two weeks Chicago has had
SO. 400 cattle and at the six markets
there have been approximately $4,000
in the same period. These runs were
largest for the same period in over
month, or to be explicit, since the two
week period ending May Is. gener-
Gus proportion Of the receipts being
grassers and short steers. these
have gone down in value. They de-
clined 1895 cents in last week as
compared with the previous week. and
the bulk Of grassy and light corn
warmed steers are off now 5o@60 cents
from extreme high tiSae little over
two weeks ago, tho 4o@5o cents cut
has covered most sales OF such grades.
as measured against high point.
Such cattle have come in competition
| with a lot Of Texas grassers which
came into the river markets. Too gen.
erous receipts Of natives in the past
two weeks, which have included con-
siderable quota of cheap and medium
steers, afforded killers opportunity to
put up a surplus Of beef in coolers, and
this has operated TO hold down the lid
on the medium, common and plain
grades of natives.
Latter classes have had their logical
decline For weeks they were selling
relatively out Of line with the good to
choice corn-f fed cattle. At high time
| it took no very good sort of short-fed
steers to land at ss.15@s.35, and such
kinds were costing more In the beef
than cattle for which buyers paid $500
| On the hoof The downward revision Of
values simply had to come in order to
strike a normal status, and now that
the price spread has widened there ap-
pears small likelihood of it being mar
rowed in the immediate future. since a
| lot OF owners Of grass-fed cattle are
DESTROYS Of shipping before the hottest
DAYS of summer arrive. This would
seem to assure fairly generous run OF
cattle out Of pasture.
| The trade is expecting fairly gen.
erous crop this week, but marketings
in subsequent days should be held in
check. since Thursday wifi be a holiday
and most Of the Wednesday purchases
Of pa ckers will GO over for slaughter
until next Friday.
Sheep.
Not only have the packers forced the
/, spring lambs downward IN the past
week. but they have succeeded in max
| ing prices Of the aged or yearling
! lambs 20 lower also, but not to such
an extent as the first mentioned arri-
walls. Raiding Of values occurred from
start to finish and closing sales were
certainly the lowest ones Of 0ie week
Spring lambs finished mainly 5000
1.25 lower than the close the previous
week. but there were transactions
showing as much as $3.50 decline, TAX
ing the severe sorting of late into con
lsideration. Aged lots, which were least
plentiful, but still too numerous for the
size Of the demand. closed generally
so cents off and there were occasional
sales recorded where the loss NIGH
have figured even more.
It was an uneven session every day
and the difference of opinion was re-
markable. Packers started out thu
week in control and they frightened
their grip on the situation more ant
more as the days went by, so that a
the finish 1t was useless for sellers t
resist II they wanted to clear VIVA
they had to offer. for 1t was case o
give liberal concessions or be left will
stuff on hand, and thst has alway'
proved disastrous Wnen the market u
in weak shape, as It 10 at present
Quality Of spring lambs was fairl!
good. taken as a whole, but there wer'
ia good many medium ones received
and the spread between the in between
and finished lots was wider. Aged lot
did not show much finish generally
} but there were some strictly ohoic
lots received.
Next Thursday will be holiday ant
the day preceding will not be .. tim
for shippers to flood the market, 40 tn
demand will be comparatively ligh
then, 10 cautiousness in shippinl
should be the rule. Arouhd $500 lamb
were received direct last week fron
Louisville by the, packers.
II Chicago livssteek.
: Chicago. July l.-GaIite-Essiiriia mate
, receipts for today. $1,000: markt
, opened steady to 10 cents lower.
tBeeves ........ ......s....% s.dV0S.0