Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-08-02

Chicago, Aug. Hog supplies toda!
proved more abundant than the trade
had immediate need of and prices re-
coded farther.
The somewhat heavy run all over
the west indicated that shippers who
We're reluctant to move hogs during the
hot spell last week are taking advan-
tage of lower temperatures to get them
TO market. Liberal receipts are eX.
pected the rest of the week as the sow
crop is ready and growers are in a
mood to put the money ip the bank.
Eleven markets received 5000 hog;
Tuesday, or 22,100 more than las,
Tuesday, $4,000 more than a year ago
and $500 more than two years ago.
Total thus far this week 10000, or 49,
900 more than same period last week.
$4,000 more than like time last year
and 5000 more than corresponding
two days two years ago. Total for 1916
to date 17,909000, or $4,000 more
than same period 1915 and 4,079,O0d
more than corresponding time 1914.
Cattle.
Burned pastures made cattle offer
ings overplentiful.
The market is in no condition to
withstand d big run of grass cattle
Ranges are unloading in moderate
amount now, run of 1000 from the
northwest being due today, and from
now on liberal receipts from Montana,
Wyoming and South Dakota will, come
into the trade. Naturally, these must
be given consideration as factors al
fecting prices for all the medium ano
lower priced native steers, and the tact
that consumer demand for good to
choice corn-fed bullocks is at low ebb
for the season is an influence barring
a bullish prospect in that line of trade.
While few owners overstayed the June
high market, there are still enough
right good TO choice beeves coming into
the market to fill demands, altho as the
season advances conditions in beef
trade should improve to some extern,
and effect a broader and keener de-
mand for high quality lots. enough so
at least to enable price rally for such
kinds from recent lowered levels.
The trade right now is wrestling
with a midsummer bad spell in beef
markets which Is both seasonable and
logical in view of high costs to the con-
sumers. Retail butchers complain that
packers have not marked down their
wholesale costs to level which VII!
permit selling beef over the counter al
any materially reduced prices. and thus
there is little inducement for the con-
sumner TO buy freely. Butchers, on the
other hand, have been held responsible
for the beef trade paralysis, being &C
cused of refusing to cut retail costs III
face of cheaper wholesale buying. The
fact remains, however. that despite the
sharp depreciation in hoof costs. meas
uring l.00n1.50 in most instances from
the June high spot. No. l and NO, =
grades of loins, ribs and ROUNDS at
wholesale are marked down but little.
Sheep.
Choice lambs, were in active demand
bu, other grades dragged and SO too
did other kinds Of sheep.
Despite the scoring Of 10-cent
higher top on range lambs than Mon
day and their outstanding quality en-
titled them to little premium over the
choice 100 lambs Of Monday, the mar
ket was inclined to sluggishness. MOST
of the range lambs sold STEADY ana
natives cleared close to steady in the
main. There was, however, a weak
undertone to the trade on medium ano
common native lambs, some> of which
showed weakness from the close or
best lime Monday Sheep trade. too.
was sluggish, about steady on natives
and steady on some range sheep and
yearlings, but one four-car string OF
the, choice Washington wethers, such
AZ made SIS Monday, and one band OIL
h, Montana wethers could not repeat
their 500 performance OF Monday.