Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-12-13

ceipts gave buyers an excuse for
pounding the market. On bulk of
steers the decline was Is and % cents,
but on some good grades it old not ek-
coed 10 cents. -
Steers selling around $500 now are Of
Grade which did not bring the prices
a few weeks ago. when it was taking
the best that walked to land al So %,
and it now appears that the strictly
prime ones are about all in for this
season. Too. there must be compar-
atively few of the really choice heavy
and yeariing steers left If the short
quota of trades above $500 on Mon
dav of this week may be taken as any
criterion.
High priced corn is evidently not
worrying the feeders who have ripe
steers in their yards, but it is a source
of annoyance to the feeder whose cat
| tie are thin and who has only a short
pile of corn on hand. Tendency to
ship out the warmed-up stuff Is known
to be strong in many localities. but
the beef trade situation just now APP
pears good enough to warrant a lot
OF corn being bought and the cattle
finished.
Short fed stuff will command Short
fed" prices for some weeks ahead.
| That is certain. There is strong dis
| elimination against it. That kind
kills out poorly, and the buyers claim
| it is high costing in the beef on basis
of present hoof cost.
| An indication of the improved de-
mand for light and medium class beef
steers is found in sale OF barely
warmed up. short-fed, branded cattle
| here late last week averaging 1884
| pounds at s7.15. These steers We're
| bought here less than five weeks ago.
branded feeders. direct from the Mon
tana range. averaging 1883 pounds at
| cost of $5.45. were taken into the
country near Avon. Ill. and the feeder
| declares were started in on snapped
| corn on a hit or miss plan and were
given regular feeding or corn less than
twenty days, consuming hardly more
| than 100 bushels all told. yet they
came back here with net gain OF 121
pounds in weight and sold $40 per
cwt above their cost price as feeders.
This transaction stands out as an ex-
ample Of good buying OF the right
kind of branded feeders. good judg-
ment in economical handling OF them
and marketing at time When thev
showed the right kind Of returns, as
we'll as rejecting the improved de-
mand for the class OF beef steers that
was dragging on the market at rela-
lively low prices a little more than
! one month ago.
The whole beef situation is vastly
better than three weeks ago when the
crop of Thank sgiying poultry was rem
dering the condition of beef trade
about the most unsatisfactory Of the
year.
Hogs.
Hogs were boosted and 10 cents on
liberal receipts. The top was s6.40.
Sheep
| Lambs We're strong and sheep STEADY
with downward tendency.
Combined receipts of hogs at eleven
markets Tuesday totaled 1,400, or 21,-
200 less than last Tuesday. 11,10o less
than a year ago and 1900 less than
two years ago. TWO days supply Footed
c32. 600, or 1000 less than the Same
tine last week. 1900 less than the sams
period last year and 25,c00 less thar
the corresponding time two years age
Total for 1911 to date 23,4S3,0o0, or a.
SO .nnn more than the sameGper!od IL
1910 and 2.271.O00 more than the cor
responding time in 1909.