Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-03-12
PRICES ATTAIN THE HIGH LEVEL
ON CHICAGO MARKET AT
WEEKS CLOSE.
PRICES FORCED UP is
TO 20 CENTS BY scALPERs
Cattle Close the Week is to 25 Cents
Higher Than Last Weeks Finish
Good Steers Now Selling at $3.50 to
$40 = Sheep and Lambs Make
Steady Advance During the Week.

Chicago, March 12.-Hogs reached
the S11 mark this morning Scalper:
did the early buying and their activity
forced the price up 1920 cents
was a small packer, however, who PAID
S11 for one load.
Receipts here first five days of this
week totaled around $1,000. or % 00C
less than a week ago. So 900 less thar
a year ago and 1900 less than same
period of 1908. Arrivals for March tc
Gate are 145. 500 smaller than a year
$50 and the total for 1910 to date
sands $4,000 below the total of a year
asS
Combined receipts at eleven markets
first five days of this week 2S5, coo
showing 1000 decrease compared with
a week ago, $4,000 decrease compared
with year ago and 2240o0 decrea Sc
compared with two years ago. The
hog situation, in fact. is very much the
same as, in cotton. There is a short
supply but there might come a time
when the buyer would balk. and in such
event it would require a sharp break
TO bring the buyer in again. The mar
ket is a very unsatisfactory one. and
a trader is likely to meet with reverses
no matter which way he goes.
Cattle.
Cattle We're steady, with prices Is
@25 cents higher than they We're at
Nthe close of last week. Today good to
prime steers were quoted at $500
$40
Receipts for the week have been
quite moderate, five days arrivals
totaling $4,000. decrease of 200 from
a week ago. but still 200 more than
arrived year ago, while the run at
six markets has shown little increase
on a week ago, but still fell below a
year ago.
Shippers have been strong supporters
OF the trade most Of the week and this
brisk outside competition for fat
weighty steers was chief bullish infu-
ence Outward movement totaled %
100 in five days. a little above a week
ago, in spite of the decrease in receipts.
: Packers. however have been in need
OF a liberal supply of cattle, but the
local interests were quick to take adj
vantage of an opportunity to weaken
prices from the lofty basis which was
nit on Wednesday,
In face of the higher prices for cattle
in recent weeks, when advances of s1.0O
also have been scored over low point
late in January wholesale prices for
No / ribs have been lowered, Con-
sumers are fighting shy Of the higher
costing beef cuts. The newspaper
cheaper cost living campaign, or
the other hand. is evidently having the
effect of boosting the demand for the
cheaper cuts. and this eventually VIII
prove a good thing for the beef trade
and cattle market as well, but just
now the reluctance of consumers to
buy high priced beef is admitting OF
killers holding prices for top classes OF
steers from making any very big ad
vance.
Sheep.
Sheep ard lambs were steady. On
light receipts during the week there
has been a steady advance. Colorado
wool lambs are only % cents lower
than they were at the extreme high
of year ago.
The increase in receipts this week
has been due to an influx of Colorado
lambs These have been accommodating
for three weeks past at nearby feed
lots and they We're shot out this week
in manner calculated to suggest bare
spots in the near future. A lot OF
them have sold at s9.35@9.65 and some
that were not fat have been sent back
to be sheared. Taking the wool off
has been a very profitable operation
A lot of shorn lambs have sold at
$S45m8,65 during the week, the former
being the popular price at the outset
An unusually large percentage of the
supply has been minus the wool