Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-12-16


top was $3.50.
Total receipts for the week were
i5s, 400. a decrease Of $4,000 compared
with the corresponding time last week
and an increase of 1900 compared with
the same period last year. Shippers
were fairly urgent bidders, and some Of
the small packers started fairly early,
while SPECTATORS bought freely thru
out. A good clearance was finally et-
fected from first hands. Quality was
about as usual.
Liberal hog receipts at the various
markets swelled the eleven market
total to 114.500, or 21.9OO more than last
Friday, $500 more than year ago
and 10000 more than two years ago.
Total thus far this week, $4,000. or 49,
600 less than the same period last week.
100000 more than the like time year
ago, and $1,000 less than the cores
ponding FIVE days two years ago. Total
for 1911 to date, 23.s20,000, or 5.7s3.000
more than the same period 1910 and
2.2S1,0CO more than the corresponding
time 1909.
Cattle.
Steer values are lower on the week,
heavy receipts being responsible for the
decline. The drop affected all classes
of cattle.
For bulk of the medium to good
steers of value at s6.50@7.25 1t is a
market 40 cents lower than last Mon
day and a lot of the s7.00G7.2 SELL
ing has been cited as so cents lower.
Cheaper priced kinds, ranging down
to $500 and lower however. have not
been punished quite as badly, owing
to the fact that killers needed a liberal
quota of this sort Of beef to supply
their trade. and there has also been
some small shipper competition for the
same classes The common light stalk
fed steers also have not shown very
wide decline. a 1920 cents cut for
them where sold to packers being
about all that is quotable now, while
stuff Of this class which suited feed
ers made right decent prices.
1t requires only a statement Of re-
ceipts at hand this week as an ex-
PLANTATION for the decline. Chicago has
had 1880 cattle in five days. against
60 500 a week ago and 1884 year
ago. while the marketings at six west
ern points have been 10000, an in
crease Of 10000 over total run at these
markets a week ago. while approx
mately the same number as arrived a
year ago. The shippers have taken
several hundred less cattle than last
week. in spite of the increase in re-
ceipts. and 1t being situation domi-
mated by packers, they have swung the
var club over prices almost at will
since Wednesday.
Early this week a broad shipper de-
| 49, ~ cfr,ir iVo fo
and the packers then found themselves
in need of a lot OF beef. There was no
| intimation at that time of the deluge
which landed on Wednesday. but rath-
er an expectancy of quite moderate
midweek receipts and this accounted
for the lively early week demand. But
! it blew sky high later and the price
wreckage has been severe.
Still Chicago has not been the only
spot on the map where prices have
been hit. The west got hammering
/ too. and Chicago sales have been high
in comparison, as witness the selling
of a string of Kansas cattle at st
Louis and Kansas City early this week
compared to a sale Of steers from the
! same feed yard made here on We'd
nesday. They were practically identi
| cal in grade. Chicago's price wa:
s7.75; ST. Louis, s7.25, and Kansas City
800. which comparison OF selling rate!
ought to illustrate to the Kansas feed
ers wherein lies their best interests.
Next week the trade will need ligh
run Local houses have all the cattl
they can kill up to the close of killing
bed operations Saturday night. Cool
ers arc holding big surplus Of bee
and while there is not at present gen
eral complaint Of mean beef outlet, tn
fact that Christmas is only nine day
away and poultry competition will sool
he a strong factor in beef trade. ther
is general expectancy Of slowing dow
in outlet for the beef.
This weeks hard price slashing hav
ing wiped out all the advance mad
last week and more, too, in some case:
should have the effect of stopping II
uuidation by feeders who are worryin
over the high cost of corn. Surely
is better to buy little corn at curren
rates than sacrifice lot of cattle q
low prices, when the trade believe
there should be a come back" marke
here a little later this season unde
proper nursing Of supplies
Current prices for cattle are Who'll
lot higher than two years ago th
week. run of $3.50 cattle at the stal
that week having knocked the win
all out of the good market that we
put up during the week following tn
show of 1909. Best cattle sold ths
week at 1855 such being 1000-poun
yearlings and some prize 1507-poun
steers as high as SO but a very sma
portion of the cattle that week hight
than 1925 and even after the slum
. | we have had this week the gener
, market for good cattle is on a has
nearly 81 higher than the correspond
. ing week in 1909 and the good +:
!. cattle are still close to $3.50 high,
than one year ago when the best so
during the week at s7.55 and a We,
small portion Of the toppy cattle higl
er than $3.50
A Sheep.
i Sheep run was light but buyers we
I not much interested and sales we
!. mace at yesterdays levels.
The trade on everything grading u,
der choice is in such demoralized CO,
dition that no one claims the abili
ito quote declines on other than a gei
|. eral way. Compared with week az
J. or best time this week, nearly ever
thing shows disastrous decline. Sc