Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-08-12
ARRIVALS TOO HEAVY FOR SAT.
uRpAY TRADE AND PRICES
TAKE TUMBLE.
DROP OF Is AND 20
CENTS DURING DAY
Recent Sharp Advance Embossed Too
Many - Cattle Now Selling at Good
Advance Compared to Prices One
Week Aso-Fresh Arrivals Consigned
Direct to Killers.

Chicago, Aug. l2.-Liberal receipts
today brought about decided setback
in the value Of hogs. Prices sold
down Is and 20 cents under Fridays
close. Recent advances caused large
supplies to be sent marketward.
The Chicago market is the highest
point on the map. The top here Fri
day compared with 1910 in Pittsburgh
and 1890 in Buffalo, the shipping
charges making the latter point loves.
than here. Chicago is far above the
western markets, the top at ST. Louis
Friday being 1850 and st. Joseph 1880.
Kansas City reported a top of 1910.
Omaha 1925 and Sioux City 1925.
While the tops at the various markets
show this difference in most cases, the
prices for cheaper hogs show even a
greater range.
During the first five days Of the week
there have been about $4,000 hogs re-
ceived at Chicago. being 23.300 less
than same days last week, $4,000 more
than a year ago and 500 less than
same period two years ago. Packers
had around $500 in direct from other
markets. There were 1882 hogs car
ried from Thursday, but the card indi-
Gated only about 1000 left at the close
last night.
Eleven markets received $500 hogs
Friday, or 10000 more than last Friday.
3,400 more than a year ago and 10, 400
more than two years ago. Total thus
far this week $4,000, or $4,000 less
than same period last week, $4,000
more than like time last year and 3D.
900 more than corresponding five days
two years ago. Total for 1916 to date
1S,57s,OOO, or 2,OS6,000 more than same
period 1915 and 4,2s3oO0 more than.
corresponding time 1914.
Cattle.
Most of the cattle that arrived were
consigned direct to killers.
Beef demand revival which has been
plainly evident of late by the snappy
call from killers and shippers. for all
the good to choice steers, is cause for
sharp price rises in the market and. in
the case of choice heavy beeves, which
are distinct rarities in the trade now,
there is confidence that still higher
values will prevail later this month.
This weeks market has made adj
vances ranging at 80 to so cents over
a week ago, and compared with two
weeks ago lot OF the better quality
steers have shown 60 to Is cents gain
and in extreme cases practically 81
rise has been had. compared with low
point in July. This elevation Of val
ues, affecting, as it has, all qualities,
has put the market back on a basis
hardly more than so cents lower than
high point in June. barring the tops
which today showed 65 cents decline
from the high spot of the season.
The Kansas stuff, together with a
liberal run Of northwestern range
steers which is due to come forward
within the next month, promise to
make some trouble for the native
grassers and short fed steers. AS the
season advances and a lot OF closely
herded range steers from small owners
come into the market quality from the
northwest will improve, since grass is
curing now and cattle are hardening.
These grades always get preference
over the natives of plain and inter-
mediate class, and there is prospective
a widening of the price spread in the
natives as a result of this expected
range competition. It can not affect
the choice printed natives, but will be
certain to be a factor in regulating
prices for the intermediate classes.
This weeks good market is looked
upon as likely to induce free loading
for next week. and guesses on the
Monday crop were up 10000 to $4,000.
Several thousand rangers are due next
Monday. That demand for choice
steers will be broad enough to avert
serious reaction in prices seems GER
tain, but the trade for plain aud me-
dunn natives, having made sharp gains
recently. is susceptible to reverses on
the least bearish influences.
Sheep.
Sheep and lambs arriving went into
killers hands direct.