Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-07-10
PRICES BREAK SHARPLY BECAUSE
OF LARGE NUMBER LEFT
OVER FROM MONDAY.
ELEVEN THOUSAND HEAD
ADDED TO FRESH SUPPLY
Prices Drop is And 20 Cents Under
Mondays Averaee-Catle Scarce and
Market Rules Strong-No Urgent
Call For Sheep-Review Of Market
Conditions-Current Quotations.

sharply today, influenced by the fact
that nearly 1900 hogs had been left
over last night unsold. Prices were 10
to 20 cents lower.
Around $4,000 hogs arrived at Chi
cago Monday an unusually large run
for July, and the largest for any day
in that month since 1913.
The big supply came as surprise
to many and spells anything but short
age in the country.
June hog receipts here and at other
markets We're the lightest for the sixth
month in twenty-five years, barring
1910, and gave the trade the impress
sion that there was shortage i'm
pending.
TIE replanting of considerable corn
during June and the backward sea-
son. which kept farmers busy cult.
waiting later than usual, were undoubt-
edly responsible for the small run last
month.
Packers did not force as big a June
break this year as usual and expect to
do better work this month, altho they
are willing to admit that an advance
to new record levels is probable for
August and September.
The farmers are not as busy as a
short time ago, and prices have been
attractive enough to start the hogs
moving marketward.
While hogs are lowering little be-
low SIS, and on an average over s1.2o
lower than the high spot the middle
Of May, they are bringing around $3.50
The quality is fairly good, and even
the packing grades today are much
better than most days last week, but
there Is certain to be wide spread
between the grassy lots and the prime
corn-fed heavy animals for many
weeks to come.
Average weight of hogs here last
week was 23O pounds, the heaviest
since the closing week Of last August.
and it looks as tho country owners
are holding back their pigs in antici-
patton Of a good market a few months
from now.
OF course. the shutting of Of the ex-
ports to neutral countries may have
some influence on the market within
the next few weeks, but unless corn
comes down the best corn-fed animals
must continue on relatively high
basis or production may diminish.
Cattle.
Cattle were scarce.
Local cattle receipts Monday were
over 5000 smaller than, a week ago and
1000 larger than two weeks ago. while
the six outside markets with $1,000 re-
ported nearly 5000 decrease compared
with last Monday and over 1900 loss
compared with two weeks ago. Every
market had fewer cattle than week
ago and all but Chicago and Sioux
City, which showed increase, had less
than two weeks ago. Compared with
a year ago Chicago had 1900 more
cattle today, while the six outside mar
kets had $4,000, against $4,000 week
ago and nearly $4,000 the same Mon
day last year.
Two loads of finished 1,892-pound
Shorthorns from South Dakota sold at
S14, the long coveted mark in the
trade, and the same man had eighteen
other prime lots, which landed at 1913
to $13.S5 and the proportion taken
above $3.50 was never as large be-
FORE -...
L
many which had some corn, but also
were allowed to run on grass while
those at $1,000 to s115O had much less
corn. Those at $3.50 to $3.50 were OF
class which looked as tho they had
little or no corn, and even below that
range there were some inferior lots
picked up being a class which few
| wanted.
Sheep.
There was no urgent call for sheep
Trade was featured by the first range
yearlings Of the season from Oregon
| and they came several weeks later
than the initial shipment a year ago.
Ewes made up bulk Of the natives, al
| tho few bucks and yearlings were
scattered in the run. Breeding ewes
and feeding stock was called steady,
with the outlet fairly good. Quality
was about as usual and sorting was
short in this division.
| Chjcaoo i've Stock