Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-08-25
RECEIPTS OF HEAVIER GRADES
PROVE MORE THAN iMMEpl.
ATE REQUIREMENTS.
CATTLE RUN TOO LARGE
PRICES MOVE DOWNWARD
Sheep Steady 70 q Dime Lower, With
Choice Lambs in Most Dsmand-Re.
view Of Market conditions-currsnt
Quotations at Livestock csntsrs.

chicago, Aug. 2o.-L1yht hogs ad-
vanced today but large receipts weak
ened other grades.
Estimated average weight of hogs
for last week 23l pounds, or four
pounds lighter than the previous week,
ten pounds lighter than the same
week last year and eleven pounds
lighter than the corresponding week
two years ago.
Top hogs for week 1926, or 10 cents
lower than the previous week, So cents
higher than year ago and $1.3O high
er than two years ago. Average price
for the week figured $500, or 10 cents
lower than week ago and a year
ago, but "a cents higher than two
years ago.
Cattle.
The cattle run was large and the
average for prime sorts fell off in
price.
Illinois and Iowa contributed biggest
quota Of the choice beeves, but there
were numerous droves Of finished Mis-
sourians here as well Missouri has
slowed down in liquidating habitat
grades from dry pastures and worst Of
the effect Of the drought upon the Chi
cage situation is now over Rains COW
ering the greater portion of the corn
belt have assured a fair crop where
they came in time, and only Kansas
and Oklahoma are now prospective OF
going into the fall and winter with a
very scant supply OF cattle on feed.
Thin stuff in great numbers has been
moved from those states to sections
where corn and grass is fairly good
and where also plenty of corn will be
harvested. The feed is going to cost a
higher price than in months past, but
looking ahead to prospective beef cat
tie shortage greater than in history,
feeders are not disturbed over the out
come. most Of them fully believing
that a normal condition Of prosperity
over the country once the tariff bill
is passed and currency legislation fol-
lows will enable consumers to pay the
high prices which beef shortage Is
bound to materialize.
Common, plain and medium grades
by force OF generous receipts OF such
stuff west. as well as competition from
range steers. failed to make price ap-
probation over the week previous.
These, however. closed in fair demand,
both from packers and small eastern
shippers, and for yearlings OF good to
choice grade. notably ss.40@s.00 kinds.
it was a strong and higher market al
most from the outset Choice yearl1ngS,
advanced fully 10 cents and tops were
up more. Common, plain and medlum
little cattle came under killers ban.
such classes being claimed poor kill
ers and relatively high costing in view
Of their inability to make decent car
cass weights.
Sheep.
Sheep were steady to dime lower,
with choice lambs in most demand.
General quality Of western was not
,, as good as previous weeks. and feeders
had no trouble getting all the suitable
stuff they wanted, which accounted Tor
the drop in prices. Natives were strict
! ~ good in most instances, and no heavy
sorting was done. Heavy ewes sold
practically up with the handy-welghts
but this week a spread is anticipated.
as buyers have about all the welghty
| lots they need for the time being.
Natives topped the market in the ao-
J sence Of finished westerns when the
market was at is best. Receipts were
lighter than last week and the CORE
| spending week last year. That. together
| with the broad demand, caused the
sharp advance. Cautious market1ngs
of natives will enable sellers to with
stand any bearishness the coming week
| that buyers NAV attempt.