Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-09-11
ALL OF BETTER GRADES STEADY
WITH LITTLE CHANGE IN
PRICE LEVELS.
HOGS OPEN STRONGER,
LATER DEMAND sLAcKENs
Shippers and SeaIpsrs Active Early in
Bidding, But Packers Hogs Sell Well
Under Stop Was $3.50, Paid For
Prime Lishts-shesp and Lambs OF
10 to IS cents-current Quotations.

general way there was little chanSe IL
: prices.
Last weeks receipts were $4,000
against 1882 a week ago and e7.5I3 q
8 year ago. while there were included
? 1000 western rangers, against 1890
last week and 14,500 year ago. Ma
tive crop was thus of quite large quota
totaling about $4,000. and the proper
ton of matured beeves in this supply
was lighter than for several weeks
, past. Last week a big dose of high
, quality stuff hit the market. and re-
versal of form in the trade then. which
carried prices sharply lower than the
previous week, was direct cause Tor
the shut off in choice grades. Feeders
who have finished that kind apparent
ily are not worried over the prospect
for the next few weeks.
Shortage of Iongfed beeves for Sep
tember. October and November has
long been the forecast, and things are
not working especially against mater
ialization Of this expectancy, altho
there is strong consumer protest
; a gainst a high trend of beef prices. and
this Is causing some strong killer OPP
position to rising market for the
stuff. Eigh: dollars. the killers claim.
is enough for prime stuff, since a
lllucn nlSHeF OASIS VIII only mean Gull
sequent boost in consumer cost.
Last week fancy beeves again sold
up to $50. a price at least Is cents
better than could have been made FOR
like kinds late last week. The boost
was distinctly the effect of scarcity of
this class. A year ago the same grade
sold at $3.50. but a significance Of a
little better current situation affect
Ing shortfed and grassy steers now is
an elevation of 25M40 cents in prices
for kinds worth S5.50M $50 as COM
pared with selling rates of the same
grades a year ago.
One reason for this is the shortage
of range steers of good quality. A
year ago the latter was plentiful, but
the poor range conditions this summer
have resulted in a big proportion OF
plain grade range steers hitting mar
ket, and the packers have not been IN
la position to punish medium and plain
native steers relatively as hard as that
kind were hit at this time last year.
Looking ahead. the prospect is not
especially luminous Of better things.
There is determined killer disposition
to keep the price range far apart and
thus give the public some moderate.
as we'll as high costing beef. 1t is a
matter of general informa ton. how
ever. that the killers are not storing
range beef to any extent for reason
that they are failing to get enough o.
1t to make freezing worth while. They
are operating on hard-to- mouth
basis. and this does not augur par
ticularly bad situation for the corn
feeder once the seasons range crop is
pretty we'll In.
A basis of s4S0d5.o5 has taken the
thin grassy killers of rough grade this
week. while decent to good grassers
sold around s560I6, and ss.00I6.5(
has taken bulk of warmed-up steers
Biggest share of medium to good corn
fed steers sold at sS.60M7.40. and above
$3.50 the stuff necessarily had to have
some claim TO choice grade, but the
chocer the better for the killers. since
the crop Of choice to prime is no LANCER
than their consumer demands require.
Hogs.
Hogs opened stronger on shipping
and scalping demand. then the market
eased off The top was $3.50, paid for
prime lights, but good butchers were
around $50. Packers hogs were well
under 81.
With the run light last week and the
previous week. both of which were
lightest since last October. barring
Fourth of July week, buyers continued
bearsh tactics ard closing sales were
mainly 15m2o cents lower than week
ago. the avera ge price at S1.12 showing
II cents decline Range of prices mar
rowed up and top hogs were off more
than other kinds. Pigs We're more nu-
merous this week than last week and
another 50m75 cent loss was recorded
in that branch Of the market. Inferior
to good mixed packing gold at $3.50
7.07k, with bulk at ss.95@7o5.
a government report gives the num-
Der of stock hogs on the farms Of the
United States Sept. as 1888 per cent
of the number on the farms Sept !,
1910. 1t makes farm prices of hogs this
year 1873 per cent lower than a year
ago.
Receipts Of hogs at Chicago stock
yards last week totaled $4,000. or 200
less than previous week. 1920 more
than same week last year and 1900
more than corresponding week two
years ago. Grand average Of cores
ponding week of past twelve years,
which ranged at 59.951 to 10000, was
104,7s0, or $500 more than the present
week
Average weight OF hogs this week
was estimated at 241 pounds, or one
pound heavier than the previous week,
sixteen pounds lighter than same week
last year and seven pounds heavier
J than corresponding week two years
age. Grand average of corresponding
weeks Of past twelve years. which
; ranged at 224 pounds to 259 pounds, was
24S pounds, or seven pounds heavier
than present week. 4
Average price of hogs at Chicago fig-
ured s7.11 last week, or IL cents less
than the previous week, s2.01 less than
same week last year and $1.O6 less
than corresponding week two years
ago. Grand average Of corresponding
weeks of last twelve years, which
ranged at $4.40@s.12. was 1888. or, "a
cents less than present week. There
were four weeks lower than $3.50 and
only three higher than $685..
Combined receipts Of hogt at eleven
markets last week totaled 5o4 ,vOO, OF
$4,000 more than the previous week
$4,000 more than same week last year
end $4,000 more than corresponding