Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-08-11
HOGS CONTINUE
UPWARD TENDENCY
PRICES GO TO STILL HIGHER
LEVELS, BECAUSE OF DIM
INlsHlNG RECEIPTS.
ARRIVALS MUCH BELOW
--.- SAME WEEK YEAR AGO
Bulk of Sales at Prices Above So
Most of Cattle Consigned Direct to
killers-Trade on Steady Basis
Sheep and Lambs Consigned Direct
to Packers and Market Unattraetive.

Chicago, Aug. 11.-Hogs today con-
tinued to advance in value as receipts
here this week have been much be-
low the corresponding total year ago.
The advance Thursday put the gem
eral market anywhere from 10 cents TO
80 cents higher than week ago. Whlle
the range shows that much advance
there were in-between grades OF moss
sold today that looked right at 81
higher than that day. One week ago
today, when the top went down to S9.9o,
and plenty of packing hogs were selling
at s9.OO691O, some traders belleVeu
that the long talked of break had come
but the action of the market since then
indicated that a broad demand must
be on hand for the product, as packers
willingly supported the market today at
the sharply increased prices.
Eleven markets received 1920 hogs
Thursday, or $500 less than last
Thursday, 1900 more than year ago
and 1900 more than two years ago.
Total thus far this week S2o.0Oo, OF
$4,000 less than same period last Week.
$1,000 more than like time last year
and 1900 more than corresponding
four days two years ago. Total for 1916
to date 1S.5130OO or 2,0S2,00O more than
same period 1915 and 4,261,00O more
than corresponding time 1914.
That pigs are healthy is indicated by
scarcity Of small hogs at the markets.
July usually witnesses a bargain sale
of Youngsters, but this year they have
the pig crop is larger than that OF 1919
is admitted. and If it can be matured
tonnage will be far heavier than during
the first half Of 1915,
Cattle.
Most of the cattle to arrive went
to the killers direct.
Revival OF strong action in beef trade
is a potent factor In effecting the bull
ish situation and by reason OF growing
scarcity of choice corn-fed cattle next
best grades are raising as well in val
ue. The grassers OF cheap and medium
kind have likewise had some better &C
ton and prices this week, even tho
range cattle values failed to make ma
terial recovery from the break week
ago.
General advances Of Is cents over the
Monday level were quoted today FOR
bulk of steers of value above ss.23.
Compared with the close last week
these showed 4OG50 cents gain in most
instances, and there have been sales the
past two days at 60 cents and more
gain as compared with Wednesday OF
last week. Extreme cases Of Is cents
advance, in fact, have been shown.
The yearing crop of good to choice
grade has also made big advances. as
evidenced by sales Of choice grades at
s1O5OdlO.6O in midweek. These would
have stopped at $1,000 last week and
other yearllngs of good to choice grace
at s95Om1O25 showed like advances
Cheap little CRASHED yearlings off a
little corn, however, have had con-
siderably less gain. tho tone of de-
mand even for them has shown lot OF
satisfactory action this week.
On the poorer grade little gra IS
steers Of mean color, such as feeder
men do not want. it is only small gain
this week 10@15 cents rise over week
ago catching most OF that class, but
those had competition from Mexican
bred rangers, and also light Texas stuff,
which killers had here direct from
other markets.
Shipper demand has broadened some
what. especially for heavy beeves, but
the run has included a smaller proper
ton of 14o0-pound and heavier kinds
than marketed in many weeks past
and this is expected to be the situa
ton from now on. since few heavy cat
tie were carried thru the period of
price vcissitude which hit the market
in July. and it will be a long ways off
to another crop of matured heavy
beeves.
Sheep.