Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-02-23
HOGS ESTABLISH NEW HIGH
RECORD FOR PAST FORTY
YEARS, WITH TOP AT $s.75.
PACKERS FAIL TO FORCE
PRICES TO TUESDAY LEVEL
Cattle Also Make Material Gains,
Selling at 10 to is Cents Higher
Prime Steers Sell Above ISLANDS
Make New Top for Year, Touching
1885.

Chicago, req. Eo.-ftOSS redCueQ new
levels for the season today, passing all
prices previously recorded up to 1870
Prices advanced 1O@20 cents on ship
ping and scalpers' demand, and while
the packers did not follow the ad-
vance, they We're unable to force the
market back to within 10 cents Of the
levels of the previous day. Top was
$40, and there were several loads at
1855. The high mark was 171s cents
above the previous high mark paid
yesterday for part of a load.
Packers are matching their strength
against that of the hog market day
after day and losing fur in the effort,
yesterdays abortive attempt to hold the
thing down effectively demonstrated
their helplessness to control prices un-
der existing conditions. Shippers took
over 1900 hogs Monday and demand
from that source is making prices.
The run here is much lighter than
last week and there are not nearly as
many hogs as week ago, indicating
that the recent bulge, rather than slim
ulating shipping operations in the
country has actually represent the
marketWard movement.
Cattle.
Cattle were strong and generally 100
10 cents higher. both on steers and
butcher stuff, and the market was ac-
tive from start to close. Steers sold at
IS, and for prime sorts a better price
was Quotable.
The firmness in the market indi-
Gated that the cattle were wanted and
even the common grades were taken
rather freely so that feeder buyers had
trouble in getting as many of the cat
tie of their class as they needed. East
ern buyers are after all the good
steers they can find but that class is
scarce Only few eastern shippers try
to fill any orders. One lot of pretty
good steers were bought on eastern
account at s7.25. but quality was so
poor that there were not many which
sold above $3.50. Most of the supply
consisted Of the light weight steers,
which sold at $4,000 500, tho there
were some below S. with but little
beef producing ability. Recent develop
ments have proceed that the country
is in no rush to send cattle to mar
ket, evidently feeling that everything
VIII De neeQeQ DeIOFe lQeIe Is al over.
supply.
Sheep.
Lambs sold steady to 10 cents high
er, with a new top for the year Of
1886, and sheep made the highest price
in local history for this time of year,
selling at s7s5.
Heavy muttoons are again wanted,
while lambs were neglected. Indica-
rions. are that the spread between
sheep and lambs will contract still
further as even after the sharp adj
vance they have scored during the
past four weeks sheep look cheap,
compared with lambs, especially when
their fleece value is considered. Pack
ers are forced to get SO much heavy
mutton into their possession every day
to meet trade requirements and the
fact has been apparent for some time
past that a marked scarcity of sheep
exists, compared with former years.
Native ewes sold up to s7:25 and
western ewes, aged stuff that had
been in a feed lot but was anything
but fat, scrambled into the 6k cent
notch. 1t was easy to interest buy
ers in sheep. but outside a few urgent
orders they had to be coaxed to look
at lambs, and those who had sheep to
tie their lambs to got better action
than others who were without mature
stuff.