Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-08-08
ADVANCES OF 80 TO So CENTS
SCORED At OPENING OF
DAYS TRADE.
BEST LIGHTS SELL U?
TO 1910 AND ss.75.
Market During Past Week One Of Most
Erratic on Record-Top Price High
est and Average Lowest Of Year
Prime Steers Easily Quotable at $40
at Close Of Weeks Trade.

Chicago. Aug. Sine SiV hoS az
pears to be in sight, best lights selllns
today up to 1915. Advances all alons
the line were noted at the opening OF
the DAYS trade, the market generahN
being up so and 80 cents.
There never was market before
like the one this week, when the top
price was highest of the year and the
average price lowest of the year all IN
the one week. Monday arc Tuesday
of this week the average dropped %
cents to IS, low day of The year, but
since Tuesday the general market ad-
vanced IS a so cents, with the top yes
terday at s9.40, high poin- for 1914 to
date.
Shipping orders were large. taking
into consideration the size OF the OF
ferings This fact and much higher
prices for cash products AMI future de-
Averies OF provisions were the
strengthening factors. Spectators
gave the market good support, while
half the regular packers We're COM
PEELED TO stay out of the market.
This weeks receipts promise 10 run
out around 10000, there being few
weeks in the past twenty five years
when the total was smaller. The I'M
called for break Monday ard Tuesday
of this week certainly upset things and
it will be some zine before the country
strikes its stride again.
Cattle.
Cattle closed the week on strong
basis, altho trade was nominal today.
Expectancy is for around $4,000 at
the opening next week and that num-
Der ought TO be absorbed without dlf-
Guilty. Practically everything in tbs
shape of dressed beef has been shipped
out and 10 cents has been com mon
price for carcaSes this week. The trade
realizes that last Mondays break was
due entirely to financial restriction and
had the current flowed uninterrupted
ly in monetary channels, no disturb
ance would have occurred in the cat
I! tie market.
| At the close $40 IL easily quotable
for prime steers, ana that they are
! scheduled to cross that line at an early
| date is generally accepted. Conserva-
tive marketing will be necessary, how
ever, as whenever a few cattle in ex-
| cess of the days actual needs arrive
buyers will seize the opportunity to
| enforce concessions.
-
ern market circle have been phenom-
enally light-the six points have re-
ceived only $4,000, against 10000 last
week and $4,000 a year ago. Com
! parsons with the current period OF
| 1918 are Illogical as drouth war glut-
ting western markets with half-fa,
cattle at that period. The local ur
| is less than $4,000 or 5000 under q
4 NV LOG
week. Shippers have taken their full
share OF the crop, IA, 500 having found
| that outlet.
Sheep and lambs were strong at the
finish.
Only sixty nine doubles of range
sheep and lambs reached Chicago this
week, thirty-seven doubles Of matured
mutton, twenty of lambs and twelve OF
yearlings. Last weeks range contribu-
! tions was 173 doubles. Packers haze
receive $500 head direct from Louis
vile and Omaha and the native con-
tribution has been so meager as to
leave no doubt as TO their scarcity.
Next weeks supply of range stock
will be materially heavier than that OF
the week now closing, but Will be be-
low normal LOT tHls Tune VI tiie ee1i
Washington and Idaho viii be the
leading contributors. Psckingtown
coolers are bare, the east has been so
hard pressed for lambs this week that
/ Omaha has been called upon for stun
for shipment to the Atlantic seaboard,
and there seems no logical reason why
there should not be an outlet early
next week capable of furnishing good
market in the face of increased sup
rllies