Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-11-10
STRONG TONE IN MARKET AND
PRICES S ro 10 CENTS ABOVE !.
THURSDAY.
VERIFIED TOP OF DAY
FOR BEST GRADES $3.50
Market For Steers Steady But Offer
inss Were Of Usual Weekend Poor
Quality - Trade Quiet in Shesp and
Lamhs-current Quotations From
Market Centers.


strong tone in hogs To-Day. support
was good and sellers exacted advances
of and 1C cents. Verified top was
$3.50.
Combined receipts of hogs at eleven
markets Thursday totaled 5000 more
than week ago or $4,000, number
that was 90 600 larger than year ago
and 5000 larger than the correspond
ing Thursday two years ago. Chicago
received 1000 more than a year ago.
Kansas City had 1000 more than a
ago ST. Louis had 1000 more than
week ago and 5000 more than year
ago. ST. Joseph had 1000 more than
year ago. Sioux City had 1900 more
than a week ago and $500 more than
year ago. Indianapolis had $500 less
tina ia week ego hut 1000 more than
year ago. Total thus far this week as
900, or $4,000 more than the same time
last week. 10000 more than the like
period last year and $4,000 more than
the corresponding four days two years
ago Total for 1911 TO date. e0,601.ooo,
or 1000 more than the same period
1910 and 100000 more than the cor
responding time 1909.
Cattle.
The market for steers was steady.
Tire offerings were of the usual week
end poor quality.
Even the choice steers are lower this
week. decline OF Is csc being current
now for a lot Of $50 $50 kinds as
compared with the top prices at best
points last week In fact, sales at $3.50
Is+0 in the Wednesday trade were
cited as being Of as much as 3oG ACC
from top points the same classes made
last Monday.
For the bulk OF the s717.s5 steers
the market is down So6 40c from levels
shown late last week and the trade for
these kinds is as much as 500 soc below
the extreme high point hit "Wednesday
of last week This eliminates lot OF
the big gain made week ago. and the
cattle now landing at s1G7 are hardly
more than 25c above the law point
two weeks ago. The sS17 stun has
been punished almost as hard as the
next best kinds in the past few days.
BY courtesy Monday and Wednesdays
markets were both quoted 10415c
lower but. as a matter OF 1act. due to
the unevenness Of the selling. there
were a lot of fat CSC declines on Mon
day and the same was true OF much OF
the Wednesday selling. as compared
with Monday.
Stuff down 10 s.. 25 q SIS on the other
hand. has not had as severe pounding
this week. since there was broad feeder
cattle demand and anything OF this
class which suited the feeder. BUYERS
needs has had plenty Of action from
this quartz. which enabled the sellers
TO hold these kinds off the bottom.
Receipts for the four days this week
stand 1900. against 55.3s4 week ago
and s4597 a year ago. when there was
q general rush to unload cattle on a
sharply declining market. Thus the big
receipts this week have made decline
inevita BILE. since e lot of the beef Is
going into coolers to remain Tor some
time. because there is no urgent need
for il now and packers in buying
quantity are determined TO make it
pay carrying charges.
The trade is getting more $3.50 4 ITS
stuff than is needed to fill current beef
demands. and as long as this situation
continues higher prices can not be cor
sistently looked forward to. regardless
Of the action Of trade in the choice to
prime grades.
Western markets are also showing
up with larger receipts. many Of the
owners of thin stun being DESTROYS OF
lodging feed bills in the next few
months, and this liquidation il only adj
ding depression 10 the trade. At six
markets a total Of $4,000 cattle have
arrived in four days this week, against
1000 week ago and $4,000 year
ago 1t is fortunate, indeed, that, the
western range season is drawing to
finish. otherwise there would be even
wider price spread between the medi-
OGRE and choice Grade natives.
Sheep.
Trade was quiet in sheep and lambs.