Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-07-27
SPECULATIVE BUYING TENDS TO
LIFT PRICES DURING EARLY
TRADING.
MARKET TURNS SLOW,
SHADE UNDER OPENING
Cattle Offerings Lacking in Quality
But Prices Hold Steady-supplies of
Sheep and Lambs Inadequate to
Meet Demands Review Of Market
Conditions-Current Quotations.

Chicago, July 27.-Speculative buy.
ing tended today to lift the hog market
but gains were not fully held.
Two loads of prime heavy butchers
sold at 10.12ha, against top the pre-
vious session of 1910, but most buy
ers of good to prime offerings on
100o610.10 basis, some of the big con-
Germs refusing to pass "even money
for anything. There were not many
offerings sold below $40 and the pro-
portion upward of 800 was rather
good, due to the increased proportion
of choice butchers and light-weights
The latter class sold to good advant-
age in every division, but trade was
uneven on other classes.
Pigs were in good demand at steady
rates and they changed hands in good
season. Inferior to good mixed pack
ing landed at 9.15@s.4o, bulk at the
latter price. Mediums and butchers
cleared at 9.45@s.so, and most of this
class sold upward Of 9.75. Poor to
good heavy packing went at 91o99.35.
but sellers were not overburdened with
this class of stuff, which was hard to
get rid of thruout. Odd lots OF smooth
extremely heavy sows and roush
heavy packing made s65@9O5, mostly
above SIS.
Plain to good light weights sold at
9.40@9.s7A and prime ones all solo
upward from $50, while the proportion
below 975 was small. Pigs were
quoted at S.75@s.4o and the bulk went
between 800 and 9.35. All grades OF
selected, packing and shipping sold AT
s.40@10.12k, against top or lo.lo
last Wednesday. Stays sold at S.oop
9.75, few passing $50. Bears mace
2.7564.75, with the bulk under 4.oo.
Governments cleared at 5000 70, with
the other throw outs and cripples at
7.0O6 $50.
Cattle.
Cattle offerings lacked quality.
small run of really choice steers
was offered. One drove OF 146'-ip
choice steers took s10.35, a better
price than could have been made Mon
day. and a few others sold around
$1,000, with 770-lb yearlings OF STRICT
" good class and off lot OF corn
making $3.50. although choice BABY
beeyes had value up to 1918 and high
er, and a few long yearlings sold at:
s9.65@975. Most of the yearling con-
tinsent was off grass and short corn
feed, going at ss.50@9.00, and in the
majority Of cases sales of such kinds
showed no material rise over the Mon
day basis.
A stiller crop of fair volume was
here, taking 1925 S.75, and that range
bught bulk OF strictly good TO cnoice
handy and strong weight steers. Big
gest share Of the pasture and short
fed decent to right good natives went
at sS.006e.00 and a considerable crop
Of grassers Of plain and decent grade
went at s7.25d7.s5 these getting pos
sibly better action by reason Ut the
absence Of range cattle than would
have been the case had crop OF
rangers which was expected yesterday
materialiZed.
Selling beef is still claimed to be
the killers chief worry Supplies
which are available are under the cir
instances, fully enough, and more
than they need.
Let beef trade work away from its
present restraining influences. which
| Enthusiastically are hot weather and
! high retail prices, and stability Of pro-
! nounced degree would soon assert it
self in the cattle market. AS the Sit
| uation now stands prices are coming
! back" in fair shape, but the trade is
badly in need of supply nursing. A
good policy to follow until conditions
are once more normal is that Of ship
ping half a supply. The trade is
strongly urging feeders to cut loose
only half their crop now where they
! had intended cashing them all in order
that the market may avoid a quitting
spell.
I Sheep.
The supply of sheep and lambs
proved inadequate to meet require
ments. -
| ST. ripoe WaShjpptcp h.