Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-05-29

exclusively. Packers did not seem anxi-
Gus to get into the early market and
there was no need of forcing prices.
The close was fairly active n steady
at Saturdays average.
A suspicion exists in stock yard cir
| cles that a few short hog runs would
advance the price. Killers needs are
easily demonstrated That they are
merchandising product promptly and
proftabiy admits Of no doubt. Eastern
demand is broad, that outlet having
absorbed $4,000 head here so far last
week, against only 1900 a year ago.
Saturdays shipping orders couh not De
filed at a 15-cent advance. n 2s1-
pound stuff sold UP to s6.05, with 244-
pound goods at 500 This merely
means that shippers can not get the $50
@2o0-pond stuff they need, neces-
stating buying heavier weights. Pack
ers Joined in the scramble Saturday In
suggestive manner The trade believes
that plenty Of hogs will be on tap all
summer, but less bearish sentiment is
in circulation than recently, and while
a few commission houses are commit
! ted to prediction Of a 5H-cent summer
market. such representation is not
general. The public IS eating hog pro-
duct in a name calculated to war
rant expectancy that profitable prices
for the live article Will be maintained.
and hogs are earning growers good
money at current cost to packers.
Receipts Of hogs at Chicago stock
yards last week totaled 139.3o0, or 81
500 more han previous week, 1900
more than same week last year and 49,
200 less than corresponding week two
years ago. Grand average OF CORE
spending weeks Of last twelve years,
which ranged at 1875 to 1s4.63o, wa
147.5s2, or $500 more than last week.
There We're three weeks below $4,000
and three above $50 900.
| Estimated average weight of hogs at
Chicago last week was 24s pounds. or
| three pounds heavier than previous
week and same week last year, and
twenty-five pounds heavier thar corre-
spending week two years g and three
years ago. Grand average Of corre-
spending weeks Of last twelve years,
which ranged at 21s pounds to 20
pounds, was 227 pounds, or 16 pounds
lighter than last week. =
Average price Of hogs at Chicago last
week figured 1891, or 81 cents lower
than previous week, 1854 lower than
same week last yea and s1.%3 lower
than corresponding week two years
ago, but so cents higher than same
week three years ago. Grand average
Of corresponding weeks OF last twelve
years, which ranged at IS. 80 to 1855,
was s6.0s, or II cents higher than last
week.
Combined receipts OF hogs at eleven
markets last week totaled $4,000. or
Il, 900 more than previous week, $1,000
more than same week last year. but g.
900 less than corresponding week two
years ago. Grand average Of CORE
ponding weeks of las eleven years
which ranged at $4,000 to $50, 900, was
1876, 900, or $4,000 less than last week
Total for 1911 to date, $4,000, or q
271,00o more than same time 10 1910
but $4,000 less than like period in
1909. and 2,4s0,o00 less than CORE
spending time in 1908. The four-yeaI
average figured 10.1s1,0oo, or $4,000
more than present year.
Cattle.
Cattle closed steady to strong.
Supply the past week a included
smaller proportion OF big steers tina
in recent weeks, but hot weather has
put demand for that kind on a narrow
basis. At the same time an increased
quota of yearlings showed up, blu,
there was generally a dull ca. for al
excepting the strictly good to choice
yearling steers. and in nlid-weekp prices
for yearlings went lower along with
medium and heavy steers, altho the
yearlings got the benefit Of frmer de.
mand later.
Illinois and Iowa have contributed q
considerable crop of the yearlings
while Nebraska and Kansas sent q
good share of the heavy steers, anG
there were also some from South Da.
kota, altho the crop from that quarter
has not been as liberal as was expect.
81. The same also applies to Nebraska
shipments, since some buyers from The
Pacific coast have been in Nebraska
feed yards recently and purchased nu.
merous %structly fat beeyes to go t.
Portland, Ore.
Narrow price spread continues {
prominent feature Of the trade Bull
of the business in medium to strictly
good steers has been within a range o.
IS. 500 6.10, and a very scant quota o
the crop sold above the latter price
while prime heavy steers topped a
$7.4o on Monday and next price late
in the week was $3.50, with a few
strictly chOfce hedVy D0eVes maklnl
1926. while yearlings topped at $6.2t
and bulk Of the good to choice year
lings have sold at $6.S0@S.15. A con
siderable slice Of the yearling cror
however, comprised merely medta:
to pretty good kinds, which the own
ers evidently tired Of keeping, an
these sold largely at $5.50@575, Will
some Of them, which had high qualit
but were far from finished. went bac
to the country as feeders at a COS
around $5.50@5.75. Packers hav
bought only a short crop OF plain bee
steers lower than $3.50. and biSges
share of cattle which went at $5.15G
$40 were taken by the feeder buyer,
aItho a few poor light killing beeve
went to packers down to g.
Exporters did q big business. I
all O total of 5,464 cattle were taken fo
export, and in the first two days Of th
week this demand afforded outlet 10
some 1900 cattle, the demand froa
!, that quarter having since been Iigh
The weeks exports stood against 1,ol
last week and q yea ago. when cost (
export steers was high, none wen
J : bought -Hxport Grades were The