Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-07-21
DECREASED DEMAND
MAKES HOGS LOWER
SHIPPERS FAIL TO SUPPORT
MARKET AND PRICES DECLINE
AS CONSEQUENCE.
CATTLE SUPPLIES
IN EXCESS or DEMAND
Sellers Are Handicapped by the Big
Supply Left Over From Last Night
Unsold-sheep and Lambs Prove to
se Relatively Scarce and Prices Show
Some Gains For Best Grades.

Chicago, July 21.-tallng off IN de-
mand from shippers brought about a
decline today in hogs.
Quality was much palmer than yes
terday and those who had common stuff
to offer shared little action at any time.
Most of the spectators kept away from
the packing grades and those who
didn't lost considerable money, as such
lots were exceedingly low at the finish.
Pigs were called about steady, but
some of them looked about 10 cents low
er than one time yesterday. Top for
one load of prime heavy was 5000,
but sales upward of $1,000 were in small
proportion and many loads landed be-
low $40.
Inferior to good mixed packing made
S9.2O@9.4Tla and even a little higher oc-
casionally at the start, but late in the
day the best of them had to sell around
$40 and looked more than a dime low
er. Mediums and butchers were Sc
cured at s9.50@9.s5, and a good general
purpose class sold at $9.65@975 in late
hours. Poor to good heavy packing
went at $9.l5@9.45. with the bulk down.
ward from $40 after furry in early
hours, when spectators made few
costly purchases. Rough heavy pack
ing in odd lots landed at SS.75@9.10.
Plain to choice light weights went at
ss.45@9.S71z, and only badly mixed or
underweight stock had to sell much be-
low 1855. All grades of selected, pack
ing and shipping cleared at s9.47h @
1920, the top standing the highest since
last Thursday, with sales much above
5000 scarce. Pigs were taken at ss.75
@9.4O, bulk Of the choice ones going at
1925 and lower. Stays were taken at
ss.0O@9.6O, boars at $2.75@5.00. gov
ernments at $3.00@6.75, and other
throw outs and cripples at s7.00@S.50.
Offerings the first four days this week
totaled $500, decrease of $4,000 COM
pared with the same period last week
and 23,300 compared with the CORE
spending time year ago. Despite the
lighter receipts the packers are out to
force a reaction on the common lots.
as they are selling too near the level OF
best offerings. Scarcity Of prime butch
ers and urgent call for them has made
it possible for them to sell compare
lively better within the past few weeks
and the range between common and
best arrivals is widest of the season at
present.
Cattle.
Sellers of cattle were handicapped by
the presence of unsold offerings left
over.
There were cattle today offered at
500 that looked like 1850 or better
stuff one week ago yesterday. IN
stances Of this sort were common late
this week. as a large number OF cattle
are now showing right at 1.50 decline
from Wednesday of last week.
Despite the large declines in values
during this week and last, which have
put values down to low level. Duy-
ers do not want the stuff. The market
would not be half as bad if there was
some call for the offerings, but every
day this week it has been dull affair
with closing rates at the lowest. point.
The run Of cattle this week was too
large for the call. The country was
warned to ship cautiously. but regard
less Of the letters that went out. run
many thousands too large arrived.
The warm weather has cut the de-
mand for beef and packers just held
| out until INeV were dpic " SET lAchi
| cheap as possible. but at the close to-
day several loads OF steers were I'M
sold and had only few bids placed.
| The decline this week has affected
/ all grades of cattle. as everything that
walks was today found --::a bldg tha :
! looked about as low as possible. There
were some pretty good steers in
| the run today. They we're fat and had
good finish. but this did not attract the
! buyers Some of the packers ap-
peared thru for the week, while those
that were out were not going to take
any more on unless they were well
worth the money.
To get a bid of 1000 on the best to-
day was impossible. and a mighty