Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-08-23

PRICES ADVANCE 10
CENTS ABOVE SATURDAY
Slack Demand Gives Sluggish Tone to
Cattle Market-Prices Rule Steady
to 10 Cents Lower-Receipts Of
Sheep and Lambs Light and Prices
Advance 10 Cents.

4 ldr DelOW those Oh Inc opening udS
/ Of last week and sellers asked higher
prices. The market quickly advanced
to 10 cents above Saturdays average
, and showed considerable activity.
! Receipts OF hogs at Chicago last
week totaled less than expected there
being about $1,000 received against
! Sc. 538 the previous week, 91,So1 year
years ago.
Average Price Of hogs for the week
! figured about $50, against $50 the pre-
vous week, 9.05 a year ago and $50 for
corresponding week two years ago.
Weights of hogs last week ran about
| the same as the previous week, being
estimated at 247 pounds, comparing
with 24s pounds year ago and $50
| pounds two years ago.
| AT eleven markets Saturday there
We're only 21,4O0 hogs received, against
! 10, 100 a week ago, $4,000 a year ago
! and 41,7O0 two years ago. Nearly every
! point was smaller than year ago.
! Chicago decrease being about the larg-
| est. Weeks receipts at these markets
totaled about 367, 900 head, against 3i9,-
1000 the previous week, $4,000 year
ago and $4,000 for same week two
years ago. For the year to date there
have been 1901 600 hogs received at
| the eleven markets being 2.199, 900 more
than a year ago and 1898, 600 more
than corresponding period two years
ago.
Cattle.
Slackness Of demand gave a sluggish
tone to the cattle market. Prices ruling
steady to 10 cents lower
only a few fancy big steers sold the
past week at e.7501o.1O, and a lot OF
strictly good to choice weighty lots had
i TO go at 9.35Q9.65. such as would have
made 35640 cents more money only
short time ago. Small runs OF the DIG
choice steers are meeting very inolHer-
ent demand, since only few loads OF
the big beeves can be used, and when
supply exceeds the meager call prices
must suffer. A short quota OF long
feds is believed available now for
weeks ahead, but the trade is not look
| ing forward to materially improved de-
mand for the heavier grades until the
summer season is passed.
The country has wisely conserved
supplies of cheap quality srasser5 ano a
| smaller showing of range cattle than
| normal for this time of year has helped
10 give the trade in light grassy natives
| fair general action. II Is necessarily
narrow outlet for that kind, however,
I'D -r,ll he a g long as the feeder mar
! ket remains closed. Once the feeder
outlet is reopened, however, the light
| grassers are bound 10 get a broad
| call Meanwhile the country has a
| world of grass and rough feed. and
| letting the thin steers grow is going to
be good business policy. Range runs
this year will not be heavy enough to
prove material factor in smashing
values for grass native steers in later
weeks of the season.
Total run at Chicago for the week
| stood $4,000, against 47,1,5 last week
and 52209 a year ago, and included
! $500 western rangers. There were
| l0600 shipped, and thus 32,423 We're
| left for local slaughter, against 36.o13
last week and 34931 a year ago.
At six markets total run for the week
was 1877 1000, against $4,000 last week
and $4,000 year ago.
Sheep.
The receipts of sheep and lambs
! were light ard brisk demand sent ths
market up 10 cents.
Last weeks short supply of sheep was
| caused by the nberal price cuts fdst
week and another moderate supply is
looked for next week and prospects look
| better for the selling side of the trade.
Rangers formed the largest part of the
offerings this week. Chicago has not
been receiving its share of the range
stock this season on account of the
lack of feeder outlet and western own
ers are sending the feeding stock else
twhere, where broader outlet is to be
had for that class of stock.
Trading the past week was carried on
lin the regular sheep house and this
iereatly helped the handling of stock
land enabled an earlier clearance each
DAY. as pen room was more plentiful
land weighing facilities were consider
tably improved.
There were 5000 quarters of mutton
LOADED from Argentina points last week
for American points. This was the frs
lshipment to leave that country for loca
markets in several weeks. This pro-
iduct has been a small factor Of late ir
having any effect on the demand for To-
cal mutton.