Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-07-09
STALE STOCK 0F
HOGS HURTS TRADE
LARGE SUPPLY LEFT OVER FROM
THURSDAY CAUSES WEAK.
NESS IN MARKET.
PRICES TUMBLE TO
NEW LOW LEVELS
Ten and Is Cents Under Thursdays
Close = Cattle Offerings Lacking in
Quality-Owners Of Sheep and Lambs
Have Difficulty in Interesting Buyers
-Review Of Market Conditions.

Chicago, July a.-Hogs declined in
value today because of the large sup
ply left over from last night.
The spread between packing grades
and prime light-weights is the widest
Of the season. Average prices stood
the lowest since the middle OF June,
and unless the quality improves the
market may suffer further decline be-
fore packers will support the market
willingly.
Heavy packing sows are showing up
numerously at market centers and are
being forwarded 10 Chicago from other
primary points As packers are carry
ing big stocks of meats and lard, tnese
grass widows" are likely TO sell al
sharp discount under good light stun
ADAPTED TO fresh meat trade.
Eleven markets received $4,000 hogs.
or 1900 less than last Thursday, 1850
more than a year ago and 400 less
than two years ago. Total thus far
this week $4,000. or 10000 less than
same period last week. q 900 more than
Like time last year and $1,000 less than
corresponding four days two years ago
Total for 1915 to date 14.6I1.oo0, or
:. o-3 600 more than same period 1919
and l.4sa 600 more than corresponding
time 1918.
Cattle.
Cattle lacked quality.
Good cattle have been II request all
Week and killers are no longer getting
access 10 a big crop of thick steers. a
few weeks ago 50 TO IS per cent bull
locks predorninated and butcher stuff
" as scarce, but supply conditions have
beer. reversed Fortunately light cattle
are not being dumped into the market
in any considerable number as was the
case gear ago when drouth was
liquidation influence. With abundance
OF moisture and scarcity of stocker
stuff everywhere such dumping as is
seasonable during July and August is
not likely 20 occur
The advance this week has been
most marked above the 81 cent line
and under 8 cent improvement has
been hard to detect, cheaper grades
which had a bad finish last week losing
a little more ground. The "greeny
stuff selling at $500 $50 is not facing
favorable prospect and killers VIII
buy it lower IL possible. Everything
under 1926 has been dragSy, with
downward tendency and the $3.50 q 800
grades are merely on a steady. but I'M
certain basis. Cattle that We're sub
3ected to most neglect some time back
are now revealing in popularity ana
are likely to enjoy more Of 1t as the
season works along.
This week a long string OF $3.50 q
1925 sales has been made rendering 1t
the highest market on record for the
season. Below the 50 line quality and
condition are both lacking. many cat
tie selling around $3.50 having come
right off grass without a corn finish.
Sheep.
Owners of sheep and lambs had
hard work to interest buyers.
The prevailing prices. while sharply
lower than the high spot, are considered
profitable. and only the shortage OF
stock on feed keeps the supply down TO
moderate volume. The rangers will he
more numerous next week, as many are
known to be at nearby feeding sta
tons ready for shipment Washing
tons will be of better quality than
those here this week, while it will De
hard to improve upon the flesh Of most
Idahos here thus far this season.