Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1919-09-15
BREAK IN PRICES DOES NOT
COME DESPITE INCREASE IN
RECEIPTS At YARDS.
STRONG TO rs CENTS
HIGHER THAN SATURDAY
Medium and Lights Sell Up TO $1s.5o
Per Hundred--Cattls Market Unset
tied, With Choice and Primo Selling
Within a Range Of sic to s17.65-
Sheep Trade Slow, With $4,000 Head.

| chicago, Sept. lS.-Desp!te Increased
receipts today the hog market was
strong to 25 cents higher than Satur-
| days average. Arrivals were csti-
mated at $4,000 head. Lights and
mediums sold up to $3.50 per hun
dredweight.
| The supply for the week. estimated
. at 112,100 was too large for trade re-
| quirements, being the largest sinct
July, with one exception, and the larg-
est for any corresponding week IN
over eight years. Outside orders. on
| the other hand, were smaller, the
| weeks shipments, estimated at only
5000. being the smallest since the close
| of 1918. This fact. together with the
large supply for this time OF year. was
partly responsible for the break In
| prices.
A feature which had considerable to
do with cutting down shipping orders
and which indirectly had q weakening
| effect on the Chicago market was the
| fact that outside points. especially
| those in the east. were relatively lower
than Chicago. Top prices at Indian
| apolis and Cleveland have been under
| Chicago the entire week. while bcAa
Pittsburg and Buffalo have not been
| over so cents higher at any time. ON
Friday the top of $3.50 at Chicago was
| 80 cents higher than Buffalo and as
high as Pittsburg.
However. the most demoralizing fea-
ture affecting the hog trade is the
present pending legislation in the form
! of the Kenyon Kendrick bills, as well
| as the various attacks in the form OF
| newspaper articles from the local dis
| trict attorney. which indicate that an
| effort will be made to indict some OF
the large packers.
This constant agitation on the part
| of the government legislative machin-
| cry is partly responsible for the ruin
| Gus break in hog prices.
| The fact that the big packers took
more of the desirable kinds the first
| few days of last week tended in
large degree to hold up that end OF the
| trade. especially on light and medium
| weight butchers. while packing
grades suffered the most decline. On
! the other hand. some Of the small
packers and shippers switched over
| to heavy packing. which improved the
market on this kind on the closing
days.
| SdSS0s To-
Cattle market was unsettled, the
run being heavy compared to recent
days, the estimate being for $1,000
head. Choice and prime steers sold
within a range Of SIS and 1885.
| Receipts for cattle for the week to-
tailed $500. being 1880 larger than
previous week. 1890 less than g year
ago and around 700 less than two years
ago. Shipment for the week totaled
$500, being only $500 above the pre-
vious week. 5000 larger than year
ago and 1900 larger than two y~ars
ago. The shipments during the week
carried liberal proportion OF stock
| ers and feeders. There was a net sup
ply Of 1882 left for the packers,
against only 30.s77 the week previous.
1884 a year ago, 51.565 two years ago
and 1890 for the same week three
| years ago.
Average price of good native beef
cattle for the week at $3.50 was %
cents lower than previous week. 90
cents lower that year ago. when the
| average to that time was a record;
however, the average for the week was
$3.50 higher than two years ago and
| s5.35 higher than the eight-year aver
age for corresponding week. Top cat
tie for this week at SIS stood Is cents
above the previous week. but the gen.
eraI quality Of offerings was poorer.
Twenty markets combined reported
a total OF 1884, 900 for the week. Of which
$4,000 were credited to seven principal
western points, including Chicago. This
weeks run at seven markets was 49,
900 larger than previous week. 10000
smaller than year ago and $4,000 lar
ger than two years ago.
Sheep.
| Sheep trade was slow. There were
| $4,000 head on sale and buyers sought
to force prices to lower levels.