Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-03-04
EARLY HOG SALES WERE At
STRONGER PRICES AFTER A
WEEK OF BAD FIGURES.
CLOSING PRICES WERE
LOWER WITH $500 AS TOP
Cattle NominaIIy Steady, But Receipts
Were Light and Dema Was Light.
s-Proneuneed Upward Movement
In Sheep and Lamb Priees-othsr
Stock Quotations.

higher than yesterdays values. Early
strength was sustained and the mar
ket closed firm. The market has been
Prices have tended lower and at the
close the 81. hog was about all that
was left to sellers.
While supply has been light this
week a decline of about So cents has
been registered. The run Is 10000
less than last week. but $4,000 more
than year ago. Shippers have re-
duced last weeks purchases by 10000.
but have taken a few thousand more
than a year ago. The fact remains.
however, that receipts to date this year
are $4,000 more than last year. while
shippers have taken $4,000 more. Fig
urins increased weight, this means a
large increase in pounds OF product.
From the bull side fact worth con-
sidering is that current prices are
aroE-I SO lower than at the corre-
spending time in 1910.
There were only about $4,000 hogs
a, the Ave principal western markets
this week, against $4,000 last week and
$4,000 year ago, and the fve-day sup
ply this week Is approximately but
2e6,ooo. against $4,000 last week and
$4,000 a year ago. The run has been
curtailed in consequence Of the break
Monday, but for the first time this sea-
son curtailed receipts have failed to
cause reactions. Packers have stub
bornly resisted every effort to put on
little and figure that they are rum
ming q campaign Of education. On the
basis Of yesterdays prices country OPP
orators can not afford 70 pay more
than 81 cents at interior leading points
and It remains to be seen whether or
not the country has been educated TO
that idea Next week will probably
furnish test Of country sentiment and
ability to supply hogs.
Tho common price for good butch
ers yesterday was cents. Light stuff
sold up to 1920 and the 2oo-pound class
OF butchers TO $40 There was
eprinkling Of heavy mixed packing
stuff down to $3.50. Pigs have lost
their recent popularity and are slow
Just ayear ago the lo-cent hog was
roofing around the market, $40 10 being
paid and the bulk selling at $500
1000.
Cattle.
Cattle were nominally steady Only
a load or two were received ana there
was no demand.
Steers landing at ss1o@s4o and
averaging 1900 to 1850 lbs. have been
relatively the best sellers this week.
and good many Of these grades have
made 156 advance on the prices
shown at last weeks close. These have
regained more than they lost a week
ago. but in the case Of bulk thu big
weight choice grades landing up around
$3.50 and higher tho generally small
dem and has prevented sellers from
boosting that kind above rates shown
at the start last week. Same situa-
ton also applies to the trade in steers
OF value below IS, the majority Of
S. 5 q $50 grades in recent days going
at no better rates than that kind made
early last week, but there has been
plenty Of consolation in 1t for sellers
over their ability to land these classes
a few notches above last weeks finish.
Last weeks supply has been the whole
solution OF price betterment For the
five days this week run stands at
4s.4oo, against 5s.157 a week ago and
5s,722 year ago. the cut in supply
having been Induced mainly by the
price pounding last week which re-
duced the market to a basis near to
low levels at the opening Of February.
Now. however. there is a little differ
ent complexion over the trade. but the
market can not continue to wear bloom
any unless the country ships in ac-
cordance with trade requirements.
Lent naturally is having some effect
in holding down the demand for beef
ments to the east this week. outward
being 10000. against 2e.o33
week ago. altho the shipper activity
factor in boosting prices. since nearly
late. have had opportunity to break
In the early selling. Packer demand
Of the light run, sufficient guaranty
that light runs suited the conditions
they faced in beef trade. This situa-
ton Is likely to continue all during
Lent, since the packers, being in a
position Of Independence now. even with
light surplus beef stocks, appear In
position Of being able to play the same
game, at least as long az their beef
demands continue on low scale.
Altho the weeks supply has COM
prised q moderate proportion OF high
quality steers. dressing percentages are
by no means gratifying TO the killers.
Purchases at 3e.75 averaging 1865 lbs.
have dressed only S1.4 per cent beef,
14so-ib steers costing $3.50 made COS
per cent and 13o0-rb So steers dressed
SIS per cent, while q spread Of 5s.7
to 50 per cent was the best which most
Of the $5.7o3s.1o steers have done in
the local plants.
The old argument that good beef u
mostly in Chicago territory still holds
good in that the six western markets
are getting small supplies Of well-dn
ished steers and their total receipts Of
all grades. too. are falling OF. At six
markets this week . total Of $4,000
stands as the supply. against 144,0o
10 week ago ana 10000 Q year ago.
Estimates for next Mondays run
ranged It II, 900 to 1900. most guessss
being around $4,000. altho . $1,000 70
On