Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-08-07

Chicago, Aug. demand from ship
pers and spectators gave little firm
ness today to the hog market
Receipts the first Eve days this week
totaled 116,100, an increase of 1900
compared with the same period last
week and $500 compared with the
corresponding time last year. There
were few outside orders for any par
ticular class, and shippers practically
stopped at $780, altho one load went
at s7.65 and another bunch cleared at
sI.6712, against top of $3.50 yester-
day. Prices stood about 40 cents lower
than Tuesdays decline from the high
time that day.
There is prevalent at this time a
spread of fully s1.50 between prime 1a0
to 10 pound hogs and the smooth
loads of the heavy sows at Chicago.
This is n very wide range and about
as wide as any time this season but
traders look for narrowing of the
price range in the immediate future.
The call for lard is exceedingly short
of normal volume and has had a ten
dency to cause most buyers to neg
lect the big hogs. This, together with
the scarcity of offerings weighing I'M
der 170 pounds, for which shippers
have been vested with rather liberal
orders, has caused the wide spread
The rainy weather makes the corn
crop an uncertainty, this grain being
backward almost everywhere, and
many farmers are holding their old
corn 10 make sure of feed for next
winter.
This will mean the sending Of many
light weight hogs to market in the
near future and may bring about
sharp decline in prices for the kind
now enjoying large premium.
At least it will lessen the premium
for this class over heavy lots Of cor
responding quality even though the
lard demand remains az it is.
The price range is so wide that
country buying is a hard proposition
and many buyers In the country will
welcome a narrowing OF the spread
Once the light -weight animals be-
come plentiful and shippers can easily
satisfy their needs It is certainty the
outside demand will be less urgent
than at present.
Packers are taking the butcher
weight hogs and heavier offerings most
freely at this time because they are
able to get them at a big discount, but
will certainly take more of the light
kinds when they become more plenu-
full
Cattle.
Cattle prices .rcG-c nearly nominal!
General market for steers at the
close of the week shows little change
from last weeks finish. The advance
of Monday was eradicated Wednesday,
but trade was strong on Thursday, SO
that, balancing the week as a whole.
prices are about back to late last week.
The largest supply this week was Of
fered on the midweek market. The
liquidated more freely than
the trade anticipated. This probably
was due to the wet weather stopping
the work in fields. Shippers took adj
of having some time and
shipped stock.
Advance guesses on next Mondays
run conferred around 10000 head. Some
traders looked for more than this num-
ber but most thought the arrivals
would be rather moderate for the start
next week, and weather righting itself,
work may be started in the harvest
fields.
Western range cattle made their in J
tial appearance of the season on the
market this week. They were Of good
quality and are expected to move from
now on, aItho not many are looked for
at the start next week,
There was no beef loaded from Ar
gentine ports for points in this country
this week. Last week there were 3d.
300 quarters sent to this country and
that was the first consignment destined
for local ports in several weeks.
Sheep.
Most of the sheep and lambs that ar
rived were consigned direct to killers.
Local receipts for the week show
decrease of about 5000 from last week,
but are nearly 10000 in excess Of the
meager run the same week last year.
Combined receipts at six western mar
kets are 10000, or $4,000 more than
last week and 14,00oNmore than a year
ago.
At Omaha, Iowa feeders with worlds
Of green feed going to waste and, in
many cases. with a lot of small grain
in soggy fields that can not be har-
vested, are going crazy for feeding
ambs An eight double deck string
sold there yesterday at the unheard of
August price of $3.50 and some AZ to
80 pound lambs went out at cost of
1920 These prices look decidedly dan
yerous. but the feeders predicamer1t is
acute and they can make very cheap
gains on stuff bought now during the
next sixty days.
Advives thus far received indicate a
small marketward movement of range
stock for next weeks trade and the be-
ef exists that the early crop Of Idaho
ambs has been pretty well run. A
gap in supply is indicated and, altho
prices are on near prohibftive levels,
the Immediate future outlook is favor
able to the selling side, at least in SO