Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-09-03
PACKERS APPEAR DISPOSED
TO FILL ORDERS EARLY WHEN
RECEIPTS RUN LIGHT.
PRICES 5 AND 10 CENTS
ABOVE THURSDAYS LEVEL
Usual Slow and Steady Friday Mar.
ket in Cattle Division-Buik Of Offer
inss Consist Of Butcher Stock
Sheep and Lambs Ease OF 10 and
20 Cents Because Of Liberal Supplies.

! Chicago. Sept. S.-Hog prices rose .
to 10 cents today. all grades showing
an advance. Receipts were lighter than
this day week ago. and there We're
better orders and packers were dis
poseG to Guy early.
During the first four days of the
week there have been about So, 100 hogs
received at Chicago being 22,S00 more
than same days last week 500 more
than year ago and 21.900 less than
spending period two years ago.
Eleven markets received $1,000 hogs
Thursday, or 9,+0O less than last
Thursday, l4400 less than year ago
and 1900 less than two years ago.
Totals thus far this week 260,00o. or
1000 more than the same period last
week, $1,000 less than like time last
year and 900 more than the corre-
spending four days two years ago.
Total for 1?l; TO date 11,705,00 or
2.lSS000 more than same period 1914
and 1867 900 more than corresponding
time 1918.
Cattle.
The regular slow and steady Friday
market prevailed in the cattle pens.
The bulk of the offerings consisted OF
fair to common butcher stock.
Advance of prime grade l461-pound
steers to a midweek top of 1885 well
showed the price rise on that KIM.
A week ago they would have landed at
10 and the prime big 1,6oo-pound and
heavier steers making 1920 this week
we'll evidenced 25d30-cent rise for this
class over low point week ago.
That the market will hold high on
the choice to prime weighty stuff is
felt assured at this time, since the
country is getting shy on the long fed
ones and revival Of the demand for
them is a healthy omen. There is be-
ing revived some predictions in the
trade but conservative folk are look
ing at the situation as one into which
must be brought the consideration that
the markets are going to be heavily
supplied with short-fed. decent to
pretty good native steers for many
weeks ahead, and even though the
prime ones are scarce. consumer re-
luctance to pay higher prices over the
counter will probably have lot OF
effect in restraining rampant bullish
strides in the trade for the few prime
big cattle.
Range run will get under way in
generous volume shortly and keep
coming for some weeks. The westerns
Will necessarily prove strong contend
ers against lot of native steers on
grass and a short feed Of corn. That
the country has a big generous quota
OF native stuff to market seems as
sured August runs proved this and
yet lot OF stuff is still in transmits
sour! pastures ready to move and the
eastern states as well will ship freely
of medium to good grass steers. With
an assured generous supply OF the
grades. the trade Is not
any very bullish view Of price
prospects IN this line.
Labor day" next Monday will be
open as usual but there is going to be
need for moderate supplies OF cattle.
No killing will be done by local plants.
Eastern demand. however. promises to
be normal, though set OF Jewish holi-
days is approaching and they always
adversely affect shipping demand.
Buyers for the local houses asserted
today that they were figuring on buy
ing normal supplies next Monday even
though the killing beds would be idle.
but the experience Of sellers in the
holiday markets is rarely satisfac-
tory when receipts are the least bit
a bove demands. The country will con-
serve it's own interest by shipping ma
tive steers moderately. Biggest range
run of the season to date is due next
Monday. and with these TO handle the
native supply should be only of very
moderate volume.
Sheep.
Sheep and lambs eased off 10 to 20
cents because the run. greatly exceed
ing that of last Friday. was no!
by the demand Of that day.
A shortage of a half million sheep at
the six principal western markets of
the United States during the first eight
months of the current year tells its
own story. II is condition not
theory.
Packers have now abandoned the
idea that a possibility Of ali old fash
toned crop existed. The July break
was N that expectation, but the buying
side Of the trade now realizes that this
is not an Scent lamb year.
Natives are grievously missed. For
merly at tins season the market was
glutted with them and their presence
exerted demoraliZing influence on
prices. but east of the Missouri river
lamb raising is now on miniature
scale and the western breeder has the
market pretty much to himself.
This shortage of live muttons is not
going TO be remedied in hurry. Con-
ditions for speedy rehabilitation Of the
industry do not exist and the getting
back" process will consume as much
time as did the liquidation period. il
not more.