Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-11-29
STEERS BOOSTED !.
ON LIGHT RECEIPTS
MARKET ADVANCES TO 10
CENTS ALTho DEMAND WAS
INACTIVE.
SIMILAR ADVANCE SCORED
IN LIVE HOG DIVISION
Must Be Hold Down to
Prevent Further Price Recsssions' -
Sharply Higher Prices Obtained in
Live Mutton Trads-Rsvisw Of Mar
ket Conditions.

was inactive. Prime beef showed an
advance of 10 and 25 cents
For the two days this week the run
stands So. 100, against 32,053 a week ago
and 40, 704 a year ago. but one year ago
this week the market had pasSedvthe
Thanksgiving period and conditions
then were in better shape to handle
liberal runs than now, since the beef
markets were recovering from the eff
fects of heavy poultry competition. For
the past ten days poultry and game
have cut wide swath in the retail
situation and beef demand has suffered
accordingly This has resulted in big
stocks piling up in coolers, both here
and in the east, and the only thing
which has recommended liberal pur-
chases of supplies has been the cheap
ness of the stuff.
Aside from the choice to prime steers
which are now so scarce as to be no
criterion, the general market is rela-
.;-e!v low For biggest share OF sup
plies this week it has been $500
765 deal, and the quota above $3.50 has
been light. 1t takes a right good thick
fat drove of corn-fed beeves to go at
s735M7.5O now. and only the choice
ones. fed long time, are eligible to
s1.75679O, while Ss.OO@S.50 stuff sis OF
class called strictly choice, and the
ss.75m9OO and higher kinds are such
as the average feeder sees only on
rare occasions and seldom appreciates
Just how fancy they are until he looks
them over carefully.
That kind are going now exclusively
for the fancy beef trade, and when the
prime steers are out Of the way there
are many far sighted traders who fig
ured that their passing will wipe out
the ss.5O69OO and higher markets,
since next best grades will not be OF
quality really worth prices anywhere
near that level.
One salvation from a worse market
situation than has developed in me-
dunn and cheap plain beef steers this
week has been comparatively light re-
ceipts in the west Six markets have
had only $4,000 in two days, against
1O5 900 a week ago and $4,000 year
ago. the liquidation west having been
checked nicely and had the same been
noted in Chicago territory there would
now be better general situation.
Hogs.
Hogs also showed an advance, gen
eral increase of and 10 cents.
Two days total was 74,4o0, decrease
Of 5000 compared with the same pc
Rod last week and an increase OF 49,
900 compared with the corresponding
time last year. 1t Will take cautious
marketing for the remainder Of the
week in the hog division. as the con-
sumptive demand will be limited Tor
MAJ
discounting this condition in advance
by their bearish moves. Shipping or
ders were curtailed and spectators
were less urgent buyers than usual
Pigs were in fairly good request and
prices looked unchanged generally.
Eleven markets were credited with
1890 hogs Tuesday, or 33,4OO less
than a week ago. 32.1O0 more than a
! year ago and 1900 more than the
corresponding Tuesday two years ago
Two days supply totaled $4,000. OF
IS 900 less than the same time last
week, $4,000 more than like period
year ago and $4,000 more than the
corresponding time two years ago. To-
tai for 1911 to date, o..336,0oO. an In
crease of 900. compared with the
same period 1910 and 2,113.000 com
pared with the corresponding time
/ 1909 a.
| Sheep.
Sharply higher prices were obtained
in live mutton trade, where receipt:
were small ~
1t will not be advisable to ur,lo2t
stuff here later this week literally, as
! should buyers get any advantage. the.
will work havoc with the trade ant
cause sharp reaction in values. Wit
poultry eating at it's height the con
sumptive demand for lamb has beef
cut down materially and. only eau
tious marketing should be done unit
holiday festivities are over.