Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-07-22
MARKET IS SLOW AND 5 TO 10
CENTS UNDER FRIDAYS
CLOSE.
CATTLE MARKET
/ HAS STEADY TONE
Supplies Are Not Large and Steady
Prices Prevail-suppIy Of Sheep and
Lambs Are Not Sufficient to Meet
the Demand and Market Is Strong
Current Quotations.

chicago, July ga HedNy run lui
the weekend resulted in the market
for hogs being slow and to 10 cents
under yesterdays finish.
The spectators were rather cautious
operators from start to finish, as they
have encountered severe losses every
day during this week and did not care
to incur any more of them If careful
work would save them. The small pack
ers were out early picking up the good
offerings. while shippers had a few
more orders. The action on choice ar
rivals was fairly satisfactory. but COM
mon kinds were unusually slow from
start to finish.
Inferior to good mixed packing land
ed at S9.10@9.40, with one drove of
about 1000 head costing approximate
ly 1897. Many of the plain mixed late
in the day sold around 1925 and look
ed the cheapest to sellers and dearest
to many buyers. Mediums and butch
ers were taken at sa.421s @9.S5, with u
good class at 9.60@9.75 to the pack
ers.
Poor to good heavy packing sold at
s905@9.35 and many of this class in
load lots sold at 1925 which averaged
around 800 lbs. Odd lots Of rough
heavy and extremely weighty fat sows
sold at sS.70m900. Plain to good light
weights landed at s9.30@9.S0. with a
good mixed kind with a good top at
s9.50@9.60. One load Of prime butch
ers made $10.15 to a Spectator and one
of the small packers took a load at
$1O12k, but very few other loads
reached $10.10 and the bulk of arrivals
sold far below $1,000.
All grades Of selected. packing and
shipping made s9.37k @10.15 and many
choice butchers went at S9.90@9.95,
while highly desirable packing class
sold under $3.50. Pigs were secured at
sS.65@9.25 most of the good to prime
ones going at $e.00@9.25, with a decent
kind as low as $s.75. Stays were quot
ed at s9.00@9.50. Bears made $2.75@
ATS, with most Of them below $500.
Governments cleared at $3.00@6.75, with
other throw outs and cripples at $500
$3.50.
Cattle.
Cattle held fairly steady on light
run.
Declines in steer values this week
have been sharp. Most sales at the
finish were called about rs cents lower
for the week, while in some instances
even larger decline was quoted. The
uneYenneSs of the market during the
past few days made different quot
able decline almost impossible. 1t is
known that some steers sold late this
week around 900 that looked close to
$50 lower than about two weeks ago.
Too many cattle this week following
the liberal run of last week. The
country was warned against shipping
heavily while the warm weather con-
tinued. but the bearish letters and
weak dope" failed to stop liquidation
The warm weather meant smaller
beef consumption and slow action or
packers. They claim their coolers are
well stocked up and did not care to
buy many. Some of the packers have
been out Of the steer trade since last
Wednesday. The decline this week
has affected all grades Of steers. The
better grades have dropped down to
a level near the 1000 mark. The
quality this week as a rule was rather
plain. On the Monday market some
Missouri offerings went up to 1890,
| but after that best landed at 1910.
! Late in the week there was nothing OF
quality good enough to land over the
1000 mark The latter price is now
taking very good class of cattle
! that is, they look good when compared
with the general suppiy-while 5000
! $50 is taking feir to decent grade.
After the severe price break this
week and the liberal receipts. the
country should be cautious about mar
keting during the coming week. Pack
ers are we'll filled up and suntil the
demand for the product broadens they
will not be keen competitors.
| moderate supply will we'll take care of
the offerings until that time. The
trade late last week sent warnings to
the country to hold the supply down