Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-08-21
MARKET SHOWS STRENGTH BE.
CAUSE OF MODERATE NUM-
Der OF OFFERINGS.
RECEIPTS FALL UNDER
: GENERAL EXPECTATIONS
Cattle Market Nominal at Weeks Close
Most Of Sheep and Lambs Received
During Day Consigned Direct to
Packers-Review Of Market condi-
tions-Current Quotations.

Chicago, Aug 2I.-Strength de-
veloped in hog prices today owing 10
the fact that offerings were less plenti-
tGl than was expeced.
Al eleven markets there were abou,
50,e00 hogs received Friday, against
te,s00 a week ago, 5000 year age
ana $500 Two Years ago. Thus tax
! this week these markets nave received
about $4,000 hogs. being 1900 more
than same days last week. 5000 less
/. than a year ago and LOCO less than
like period two years ago. For the
year to date there nave been received
a total OF about 1..o6s.ooo head, or q
2l5,000 more than a year ago, and l.
1900 more than CORES ponding period
TAO years ago.
Cattle.
The cattle market was about nomi-
nal.
Owners of this stuff as rule are
wisely holding it back. They have an
abundance of feed TO carry them and
there is obviously a feeling that the
present-day thin ones Will, il carried
on grass, 90 well in the market later
on this season, since there is not
strong prospect of heavy range COM
petition. Il is felt that the range run
IS not going 10 be large enough 10 Sc
r.ous.y handicap fairly decent mar
ket for the medium weight native
srassers and light stun now can put
on lot of weight III the next few
weeks.
Range competition this week was
not a serious factor II the trade,
since the western run proved far be-
low the normal for this time of year,
and until the range grass natures
there VIII be q tendency TO hold back
generous receipts from the northwest.
Win no feeder outlet probable in the
near future, disposition OF rangeme.,
can only be to hold back the thin stuff
and allow Il to accumulate as much
weight as possible.
In the case Of the prime long-fed
big steers, and also big weight plain
grades, and that takes IN everything
which approaches lsS0o pounds. II Is
simply a case Of this class Of beef
being out OF favor. They are selling
relatively far below their value as
matched against the ss.751e.25 kinds
Of short-fed handy steers. The latter
grades, however. were here IN heavy
proportion this week. and by reason
Of il they had to take fully as much
price punishment as the heavy kinds
Nothing optimistic is ahead. There
appears tendency to keep the native
supplies moving with some freedom
and u has become strongly evident
now that the country has been max
ing a lot more beef in recent months
than was figured on. Al! markets are
showing strong increases in August
receipts over year ago. while gen
erous quota Of the runs at the river
points are going back 10 feed yards,
the fact that Chicago's liberal sup
plies are fnding only a killer outlet
means q big Increase in beef for con-
sumption which IS the potent factor
in driving out bullish sentiment from
the trade.
Sheep.
Mos; of the sheep and lambs went
10 killers direct.
Native lambs figure generally 10 and
Is cents higher than a week ago, but
the western crop stands only about
steady. During the week there was
large proportion of rangers offered and
they did not have action as good g
the native supply.
There were 1900 quarters OF mutton
loaded this week from Argentine points
for this country during the week. but