Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-05-22
PRICES R|SE
Biz Advance Scored Since the
Federal Injunction Order
Was Issued.
Steers Now Highest Since 1882.
Price OF Dressed Beef
May Go Up.
New High Record Yesterday
Beaten Today..Tuley Crit.
cises Judge Grosscup.

Chicago, May 22.-Trading at he
Union S~tockyards yesterday dispelled
the popular hope that the temporary
injunction issued by Judge Grosscup
against the beef trust" would break
the market.
Instead Of a drop, the quotations rose
to the highest point reached this year,
cattle on the hoof being sold at $1.65 a
hundred-weight, while Texas range
cattle brought $3.50, the best price since
1882.
Not only were the values high but the
receipts of 1 1000 head surpassed those
Of the week before by 5000.
1t was a red letter day for the Texas
steer, the first of the range fed cattle
to come into the lacal market. Since
1882 the record for these has been $3.50,
and when it was made on May rs Of
that year commission men predicted it
never would be touched again. Yes
terday's cattle We're much superior to
those of 1882, as they averaged 1885
pounds, while the former holders of the
high mark averaged only 964 pounds.
The supply of Texas head yesterday
amounted to more than 500. most Of
them being consigned direct to the
packers.
Turnout the yards the claim was
made that similar gains in receipts and
prices will continue until the flood of
range cattle comes in late in August,
when the legal fight practically will be
over.
The extreme prices thus far this week
with comparisons, are as follows:
Extreme rang. Bulk of sales.
Week thus far. ..S5.00@7.6 $6.30@T.30
Week ago ...... 4.S0@7.60 6.35d7.30
Year s =. -. 4.00@5.95 4.90G5.55
Two years ago.. 4.40@5.75 4.S5@5.40
While cattle We're thus rousing the
men at the yards to a high pitch of ex-
element the lawyers who met in the
first skirmish on Tuesday were out en-
joying themselves. Solicitor General
Richards and Special Counsel Day went
out to the Midlothian Golf Club with
United States Attorney S. II. Bethea
and there whiled away the time play
ing the highland game. All had ex-
pected to leave town yesterday, but golf
pIohSo wv StIollS all dllIdCllol, ana
their departure was postponed until to-
day.
Writs based on the temporary in
junction We're given to the United
States marshal late in the afternoon,
and they began the work of serving
them. Each writ consisted of a copy
of the injunction, and was supple
mented by a paragraph showing that it
had been served on the person for
whom it was intended. Many of the
defendants are out of town, but it is
expected that Special Counsel John S.
Miller will accept service for all who
can not be reached
The act of Judge Grosscup in writing
the injunction himself created much
discussion yesterday, n when asked
IL the course was not unusual the judge
smiled and said that inasmuch as he
had to see that the injunction is obeyed
he is anxious to know just the con-
struction to be put on each phrase, and.
SO, following his custom in all such
| cases, he write 1t himself.
While it was generally understood at
the session of the circuit court that the
packers will not appear for the final
hearing before the first of August, such
was not the construction put upon their
course by the attorneys of the trust"
While the due course of the law re-
quires that length of time, it is within
the power of Special Counsel Miller to
have the case up for hearing within two
| weeks.
No change in the retail meat market
is expected for several days, when, due
to the high marks of yesterday. a gen.
eral increase is apt to come. This Will
affect the poorer consumers, for the
high price butchers do not figure on any
increase so far as the best cuts are
concerned, and the difference In whole
sale price must be made up by the sale
Of the poorer portions OF the carcass.