Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-08-10
TEN DOLLAR HOG
CONES WITH WAR
PRICES IN CHICAGO AGAIN AD-
VANCE IS AND 10
CENTS.
BEST LIGHT SELL UP TO
S1o.15 PER HUNDRED
Bulk Of Sales at Prices Ranging From
1895 to ss.s5-strensth in Cattle
Market-smallness of Receipts Of
Late Indicate Market Conditions
Justify Recent Advances.

CHICAGO, Aug. lQ.-The SO hog
reached the Chicago market today, bes,
lights touching sl0.15. Prices all aluns
, the line We're from 80 to 40 cents higa.
! er than Saturdays close. bulk sellins
I from $685. 10 s9S5.
! All markets We're again light and
packers stock of hog products are fas;
diminishing, as pork ,oins Saturday
We're quoted up to "a cents per pound,
or new record for that product Pro-
vision market ruled strong most of the
day, but it was the shippers that made
Saturdays market.
Hogs are intrinsically worth the
money in view OF current prices for pro-
visions and the fresh pork cuts. Lat
ter are bringing higher pric. than
ever before in trade history. When
hogs sold up to sl1.2o in 1910. top price
for fresh pork lons in wholesale trade
was 1871 cents. Now the loins are
bringing 20 cents.
There is money in cutting up hogs
now. and no set Of packers realize this
more clearly and are ready to take
little fellows
Zach and every one of t1cnl has been
responsible for the terrific upshoot in
prices on the market recently. The big
packers have practically ceased oper-
ating- They're playing a game No
body knows the real meant of their
present Indifference toward the offer
ings in the market. but j, can only be
<, cod hoS
duct in storage and are willing for the
time being 70 allow the little fellows
TO cut up the fresh pork.
Shippers and the little fellows are
the main supporters OF the trade. They
are buying hogs with vengeance now
at prices practically 81 higher than
the low spot few days age. Obvious
ly there's money in it for them, and
surely it is better situation for the
grower.
1t was IN March. 1910. that hogs
reached s1l.20, the highest point
reached in Chicago since the early
sixties. With small receipts this week
and continuation of the good ship
ping demand. there is no telling what
the market is apt to do here, but Of
course most everybody is counting on
a further upturn.
Cattle.
Continued strength vas evident in
the cattle trade. moderate receipts con-
tinuing to be the rule
1t has been a case Of not enough to
go around since Wednesday, and the
presence of a few eastern orders has
marked prices UP sharply. While only
a few cattle have had the benefit OF the
rise, week and demand created a bet
ter prospect for today. Many cattle
sold at 1895 cents declines last week
and on the bad spot Monday even more
loss was recorded, but il was due
wholly TO the financial Merry and the
monetary situation mas improved since.
Aldrich- Nreeland currency is being
distributed facilitating settlement of
balances between banks and normal
conditions VIII soon be restored.
About zoe cars Of western range cat
tie inaugurated the season in excel
lent manner last week Loading will
not be heavy for this week, but along
toward the end Of the month the beef
roundup in ths northwest will be well
underway. Cattle are coming good and
lot Of steers have sold at s775ds.5o
which is about as high as the same
class OF cattle have ever registered
Sheep.
While there was some increase in
the Eeceipts of sheep and lambs the
market held steady
The nine cent lamb played a re-
turn engagement, but one which the
trade believes is likely to be brief,
though in war times no prediction is
safe. Packers ability To clamp the lid
down unce-emoniously and effectively
has been well proven Of late and is
also well worth -emem herring by the
bullishly inclined. City butchers paid
50 for several punches of choice lambs
Friday and bought others up to 1915
a $50. Packers cid not go above $3.50,
but bought lambs straight that high on
which outsiders had bid $3.50 with 40
culls off The deck and get nothing
above decent Gull class below THESES
line, some light culls at $3.50 being 50
cents higher than the first half of the
week