Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-08-18
ADVANCE OF S CENTS BRINGS
TOP PRICE ALMOST TO
$500.
PACKING HOGS STRONG,
SHIPPING GRADES STEADY
Choice Cattle Steady But Offerings
Lisht-DistiIers Sell at $e-sheep
and Lambs Slow and Weak-Review
Of Market conditions-Current Quo.
tations.
tations.

Chicago. Aug. 1S.-Packing hogs We're
strong 10 , cents higher, while mos: Of
the light and butcher shipping hogs
were steady. Top was $685., being 2l2
above previous high mark for the ses-
, sion
Chicago had $1,000 OF the $500 hogs
! received at eleven markets Thursday
or 900 less than a Week ago and $1,000
less than a year ago. Kansas City re-
ceived 1900 more than week ago
while Omaha had 1000 less than year
ago. Sioux City was credited with .
500 less than wear ago. Combined
total today was 200 smaller than a
week ago 200 smaller ;haa -ear
ago and 1000 smaller than correspond
ing Thursday two wears ago Total
the first four days this week. 243.0oG
or 5000 less than same time last week.
1000 less thar like period last year
and 5000 less than corresponding time
two wears ago Total for 1911 TO date,
10 sos .0Oo. or 357s 600 more than same
eriod 1910 and 10000 more than cor
responding time 1909
Cattle
Cattle We're steady for choice. which
The nlarke: shows anywhere from %
cents 70 81 cents gain for choice t.
prime steers as compared with week
ago. and most of the s7.O0a7.50 kinds
were quoted 90 cents higher than last
week. while the $3.50 a 200 stuff looked
at least Is cents higher, but for the
lower priced grades sellers in reckoning
upon the weaker trend OF affairs yes
terday did not quote advances as meas
ured from a week ago.
There have been numerous s6.25I
$50 kinds sold 10l Is cents higher this
week. however, as compared with
week ago. tho the advance does not
apply to stuff under $500. which is get
ting lot of range competition, and
since the cheaper grade range steers
have slipped back 1925 cents IN value
since last Monday it does not augur
well for a good trade in corresponding
grades OF natives early next week.
Beef market has been doing some
Price climbing antics Of late which have
put the wholesalers in a bad way to
move their product
Present action of fat steer trade give
reasonable assurance of moderately
high steer market this fall. Still the
feeders of good quality are being main
tanned upon their relative basis as
measured from fat-cattle selling fig
tires.
The cattle trade has witnessed many
periods of sharply rising feeding steer
values at times when fat stock was also
soaring in value. Just now. however,
while the medium quality beef steers
are being held down with some success
by killers. the feeder market is also re-
strained from price awaiting due to this
cause.
Feeding cattle appear g good buy in
the opinion of many market operators
Still they were a better buying propo-
sition a few weeks ago but at that
time thu prospect for corn and fall
grass was not nearly as good as at
present Heavy rains over good por-
ton Of the corn belt in the last two
weeks have soaked the pastures ,hor-
oughly and there Is a favorable outlook
for fall grass.
1t is u salvation TO cheap beef
makers. and where they are in posi-
! ton to add to their thin cattle holdings
il would appear to good advantage to
do 50.
Fat steers are going to be scarce for
some months ahead. Liquidation last
fall and spring and early this summer
pointed this prospect. and it is being
! lnaterialized on all sides.
Sheep.
Sheep and lambs slow and weak.
Receipts mere Thursday were 10000
or less than expected. against 12.413
week ago and 1886 year ago. To-
tai thus far this week 10o,500. an in
! crease of 2S,100 compared with same
period last week and decrease of
1000 compared with corresponding
time last year. Today six markets
were credited with $4,000. against 60
goo week ago. $4,000 a year ago and
$500 corresponding Thursday two
| wears ago. Total the first four days
| this week 205.000. or $4,000 more than
sane ti,Ge last week. 1000 less thar
| like period year ago and 5000 m orr
than corresponding time two years
ago.