Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-08-05
ARRIVALS IN CHICAGO MUCH
MORE NUMEROUS THAN Ex-
PEcrED BY TRADE.
PRICES TAKE TUMBLE
BECAUSE OF RECEIPTS
Trade Slow at Declines Of 10 and is
cents-Little Shipping Outlet For
Cattle and Market Turns Weak -
Little Competition For Sheep and
Lambs, Westerners Alone Selling at
Higher Priees-current Quotations.


Gus arrivals than had been looked for
tumhled down today in the hog mar
ket here
Receipts for the first three days of
the week total about $4,000 head being
$500 less tran same days last week,
1850 more than year ago and 27.i0O
less than marketings for corresponding
period two years ago.
Eleven markets received 10000 hogs
Wednesday, or 1850 less than last
Wednesday. S3.700 more than a year
ago and 1880 less than two years ago.
Total the first half of this week 2Os, 900,
or 41.O00 less than same period last
week. $4,000 more than like time last
year and $1,000 less than corresponding
three days two years ago. Total for
1915 to date 16,195.000. or 2,195, 0OD more
than same period 1914 and 1.333,GO0
more than corresponding time 1913.
Cattle.
Cattle found little shipping outlet.
Beef trade was reported in better
condition that two weeks back. Killers
have probably learned the lesson that
making an accumulation on a rising
market is poor policy. What has hap
pened recently was merely repetition
of the events of year ago. Some
time is required TO educate both dis
ributor ana consumer TO new scale
of prices, but eventually it is accom-
plished On the July rise everything
was marked up. while recent readjust
ment has put cheaper grades of oeef
where they belong.
There is no imported beef 1T New
York at present. whereas year ago
that market was full If South Amer
lean stuff and the Pacific coast was
wrestling with more frozen Argentina
beef than it knew what TO do with.
Nearly the entire Canadian output is
going across the Atlantic.
kentucky cattle may be expected to
move this month. Killers are keeping
them fof a nest egg and consid cradle
haggling Is being done over prices.
Fat steers are being held at 50 below
the Ohio river and so far few have
changed hands.
Missouri cattle Will soon be ON tap.
That state is credited with having
about 75 per cent Of the usual num-
Der in the preparation stage. Grass is
abundant and there is no disposition
to cut loose prematuely. a year ago
Missouri was forced to cut cattle loose
because of drouth. but this season a
reverse condition exists.
Short fed cattle are now showing
good margins This margin between
original and selling cost is frequently
81 per cwt. OF more. Cattle We're
markell at 1915 here this week that
cost only s65V wflen laid Il last Feb
ruary On the other hand. big. thick
h,,1 Fe.I Of ,.-;nt a oriY, o
a good account of themselves in the
finality of the transaction.
Feeders east of the Missouri river
have been laying in fieshy steers for
short finish on corn recently. AT
Kansas City. Illinois feeders have paid
$50 9.25 for sappy pasture cattle adapt
ed to quick finish on corn recently
Illinois bought III carloads at Kansas
City in July. against SO cars last year
Kansas has ceased to take the bulk OF
and there are statistical signs that a
lot Of stuff is coming into Chicago ter
ritory for short finish on old corn
Sheep.
There was little competition for
sheep or lambs, but late sales for west
ern lambs brought higher prices.
Combined western receipts were o,
moderate volume and unless the rain
in many sections discontinues the ma.
tivemen will probably ship little stoch
the balance of the week. altho range
owners will unload some stuff Friday
as they are in a position to get good
service from nearby feed lots. Offer
ings in the west footed 29,s00, agains
$4,000 week ago and 23,50o the cor
responding Wednesday a year ago
Combined arrivals for the first half OF
this week totaled $4,000, or 22,O0f
more than the same period last weel
and 90 900 more than the correspond.
ing three days year ago.