Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-07-12
HEAVY DIRECT SHIPMENTS ALSO
HAVE DEPRESSING EFFECT
ON MARKET.
DEMAND FOR CATTLE
is EXTREMELY LIGHT
Warm Weather 1nterferes With Sale Of
Beef Administrators Is No Urgent
Call For Sheep and Lambs-Run Of
All Live Stock More Than Adequate
For Days Needs.

Chicago, July 12.-Falling off in the
number of shipping orders today had
a depressing effect on hogs and so did
the fact that packers got as many as
400 hogs direct.
Spectators and small packers were
the principal buyers at the start While
most OF the big packers operated IN
differently from start to finish, the Ar
mour houses getting only 2,5u0. Ship
ping orders were comparative small,
partly owing to liberal receipts ana
lower prices at points east of Chicago.
\ topheavy and sharply lower trade
in provision futures and prospects OF
fairly liberal hog receipts in the near
future were bearish factors in the late
hog market. While 5000 was paid to-
day for few fancy loads comparative
ly few sold above Sl0.05.
Bulk of fair to choice cornfed hogs
sold at s9.75d10. with a very decent
class of up-and- down mixed packing
at 1855 @s.70 and poor to fair grassy
mixed at 1915 $3.50. according to
weight. Good heavy packing sold at
s910G9.75, with odd lots as low az
S9.i5G9.55.
1t was the old story in the pig trade
small offerings and demand enough
to absorb the limited supply at strong
prices, more desirable pigs selling at
$3.50 than any other price.
The seven leading western markets
received $4,000 more hogs Tuesday
than corresponding Tuesday year
ago. Chicago gained 1890 over a
year ago, Kansas City had 800 more,
Omaha increased 1900, st. Louis
gained 400, St. Joseph $500 Sioux
City 5000, and St. Paul 900 over a
year ago.
Cattle.
Warm weather interfered with the
sale of cattle.
That the market lacks gimp is evil
dent. The snap of month back has
disappeared. Diagnosing the case is
difficult. Killers insist that the life
has departed from beef trade. Usually
at this season summer hotel demand
become effective and "resorters" are
spending without haggling. but Pack
:ngtown fails TO reflect activity in that
quarter. Export demand has subsidized
and eastern beef orders have fallen
off. Retailers and distributors are
getting theirs or making an effort
! to do so. This means that cost to the
consumer has not been cut as hoo!
values have declined and the consumer
is baking.
While 11.20 was paid for package
of big cattle Monday, 100 may now
be regarded as the limit. and few steers
are selling above 1850. The run Is
Carrying a large percentage of 9.00@
$50 stuff. These cattle are all weights,
the price depending on condition. Year
Iings are mainly Of the 9.0049.75 varie-
ties. Good heavy cattle are worth
1925 1850, but have to be good to
have it. Choice yearlings are quotable
to $1,000 in mixed lots, but 1000 is
stopping most of the little cattle. There
is as prinkling of little steers under the
900 line.
Big lobster cattle are not getting ac-
ton. Popularity has switched 10
handyweights and yearlings, and if fin
ished, they move readily, while big cat
tie are slow. There is a healthy de-
| mand for cheaper stuff.
The whole trade has a slubbish tone.
| Prices are high enough to attract cat
| tie to market and buyers are confident
| that they will get them. Close mar
! keting has been the rule and most OF
| the stuff coming now is grassy. Corn
| is high and of poor quality, and a.
| prices are attractive. there is a dispo-
| sition to let cattle go.
! No western run is on the horizon
| Grass is curing on the range, but a
| least thirty days will elapse before any
| considerable number of cattle come
from that quarter. The advance guarc
| will show up from favored spots the
| last half Of the month, and contribu'