Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-07-19
MARKET OPENS WEAK BUT SOON
DEVELOPS STRENGTH ON
POOR SUPPLY.
MEAeRE RECEIPTS
DUE TO HOT WEATHER
Cattle Are Over Plentiful and Prices
Suffer as a Result-Demand Is Not
Brisk and Market Is Slow and In.
active-There Is No Special Demand
For Sheep and Lambs.

Chicago, July l9.-Hog prices today,
altho at first weak developed consider
able strength later owing to falling
off in the receipts-the result Of hot
weather..
Poor to good heavy packing went az
$50 d9.55, some load lots late making
9.35@9.40. Odd lots of rough heavy ana
extremely heavy smooth Sows made
SIS G9.15. Plain to good light weights
landed at 9.4069.S2Ea. with mixed lots
often at 9.6Om9.10 and singers up to
1000, along with few fancy selected
fat ones. AL kinds of selected, pack
ing and shipping made 9.5712 a 1912 y,
against top of 1920 a week ago and
10000 Monday. Pigs made S.75@9.5o,
a good class going at 9.20G Stays
sold at 9.15@9.65, boars at 2.75@5.O0,
governments at 3.00@ 100 and other
throwouts and cripples at 7.25@s.75.
There was fairly good inquiry for
pigs and they sold strong to 10 cents
higher than the low time day before
with best lots finding better outlet
than plain lots. One load of prime 256-
pound butchers sold at lO.1232 TO
Speculation. and a few other loads went
10 the specs al 1910, but 1000 q 1913
secured an extra good class. More OF
ferings sold below 9.65 than above 1000
Inferior 10 good mixed packing web;
at 9.25I9.6o. Medium and butchers
sold at 9.62lz n 9 90~only mixed grade
landing below 9.15.
Eleven markets yesterday received
$500 hogs. or $4,000 less than lass
Tuesday, Is 500 less than a year aso
and 100 less than two years ago. Iotai
thus far this week $4,000, or $4,000
less than same period last week, 5000
less than like time last year and -
600 more than corresponding two days
two Years ago. Total for 1916 To date
1000 900. or 1882, 900 more than same
period 1915 and 3.936.oo0 more than
corresponding time 1914.
Cattle.
Cattle we're over plentiful.
1t was mostly a plain and meolum
class of cattle on offer Tuesday, Re"
lots in the offerings having value up
to over the $1,000 mark.
The trade has been receiving a hoer-
al number of plain steers with niue
kill to them. Steers weighing 500 10
900 pounds have been going to killers
around 1925 67.50. Packers have been
getting a large number Of such cattle
from the liberal Texas grass offerings
q, other markets, which is causing
them to go slow after them on the
market here
These plain cattle with some Kill to
them have borne the brunt OF the re-
cent price decline. Under "a good de-
mand such cattle would readily ma
outlet thru feeder channels, but since
the country call has been so HSn
sellers have been forced TO cash 10
killers who have taken advantage OF
the situa ton and forced very low
range of values for them.
At present. the country seems to De
in A shipping mood The liberal run OF
cattle on Monday after the price break
of last week, shows that they are cut
ting loose. While the large runs con-
tinue packers will be able to carry on
their bearish price raid. The trade
needs a moderate supply for change
to right things and regain some of the
recent loss.
At the seven principal Wstern mar
kets Tuesdays arrivals totaled about
30 200 head, against $1,000 a week ago.
24.30o a year ago and $4,000 two years
ago. These markets have received
about 96. 600 during the first two days,
being 5000 more than same days last
week, $1,000 more than year ago and
$1,000 more than same days two years
ago. River markets had lighter re-
ceipts today when compared with a
week ago.
Gable reports of Argentine exports of
beef for the week up to July IA, 1916,
show that exports from that country
were as follows: To England, 7o,3s4
quarters: to the Continent, 3l,sss quar-
tiers; to the United States, none. The
previous weeks exports were as fol-
lows: To England, 28,s20 quarters; to
the Continent. 30,045 quarters; to the
United States. none.