Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-08-21
MARKET, LED BY LIGHT PRIME
BUTCHERS, CLOSES 20 CENTS
AeovEssATuRDAY AVERAGE.
PACKERS SLOW TO TAKE
HOLD BUT BUY LATER.
Near Close Of Days Session-Cat-
tie Continue on Firm sasis-Sheep
and Lambs Strong at Prevailing
High Prices-Review Of Markets..

Chicago, Aug. 21.-Hogs, led by light
prime butchers, were in active de-
mand today and prices advanced
sharply, closing 20 cents over the Sat
urday average. Packers were slow to
take hold at the start but figured in
the subsequent advance.
The average price of hogs at Chi
caso last week figured about S10.25.
against s10.05 the week before, $3.50
year ago and 1905 two years ago.
Hogs last week carried more weight
as the average figured from the scale
performance indicated an average of
about 236 lbs. against 231 lbs. the week
/ before, PAS lbs. a year ago and PAS lbs.
two years ago.
At the eleven principal markets
there was only about 32.500 hogs re-
ceived Saturday, comparing with "a
900 a year ago and $4,000 two years
ago. AS we'll as Chicago. all other
western markets were far under a
week ago. Total last week at the
eleven markets stands about $4,000
head against 10000 the week before,
36S, 900 a year ago and $4,000 for the
same week two years ago. So far
this year about 19,065.000 hogs have
arrived at these markets against 49,
901, 900 last year and 14,75S.000 for cor
responding period two years ago.
Cattle.
Cattle were firm.
Price spread ding is logical at this
season and with generous run OF
grassers from the northwest and also
from Kansas and Oklahoma, on the
, horizon, it is a wrong time to LOOK
for still higher levels for medium and
plain grassers and short fled natives.
The northwestern range run has
hardly gotten under way as yet, due
to late hardening of cattle ir that ter
ritory and Kansas and Oklahoma pas
/ tures, having had rains in the past
| two weeks are still holding liberal
crop OF grass beeves, which will be
cashed within the next six weeks.
Grass beef IN plentiful volume will
come for weeks ahead and demand will
necessarily need continue on present
broad basis and even greater II prices
are TO be sustained in face of probable
increased runs.
Heavy corn fed beeves, on the other
hand, are running shy now and a
comparatively small crop is known to
| be in the making for September and
October markets. by reason OF high
price of corn. Continuance OF present
demand conditions affecting such
classes can only force a still higher
market for the best quality steers in
the opinion of the trade az large.
Sheep.
! Sheep and lambs were in demand al
! prevailing high prices.
| The market for feeding stock has
! been in good shape and closed up TO
| the best prices of the season on feed
| ing lambs. mostly 10@15c above a
week ago, while feeding wethers and
yearlings are also quotably that mucn
! higher than late last week. Feedlns
ewes have shown little change while
the demand for breeding stock has
! continued insistent. with best young
western stock ewes holding up to the
seasons best levels, though most ma
tive stock ewes show a SOC decline
from the top pinnacle reached early
last week.
Considering supply figures and the
lofty level OF prices lho iiio
times to give an excellent account OF
itself. Feeders are hot In the coInpe'
tition here and at Omaha. paying un-
precedented summer prices Tor thir
stock. and the high level OF the hos
calf and fat cattle markets is an ao-
ditional sustaining influence TO the
market for fat ovine stock. There Is
/ nothing in the market outlook to war
rant expectancy of other than hisr
strung market right along. Eastern
markets are receiving mere handful
and there is a well grounded belief
that demand from that source for fa'
lambs. which has picked up little
here in the last fortnight, will gradual
" assume broader dimensions.