Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-08-21

Chicago. Aug. o1-With the exception
and Is cents. owing TO large suppl!
here and in the west Choice steers
sold al So with top OF 1915 for one
load.
Supply has been light the past week
More western cattle have arrived bu'
choice natives have been scarce and
the stiller crop has been Whitfield dow,
so that killers are feeling the pinch. sc
far as high grade beef is concerned
While there has Keen no excessive pro-
portion OF cheap. little native cattle the
run has carried Il lot of sS00@6.1o stuff
and those grades have had 70 take Sc
We're punishment since Wednesday.
Expor. demand has been all but elm
mated. owing 10 lower Canadian mar
ket and the fact that prices here ara
gu. of line With the British market
Eastern demand has also slowed up
The break in quarantine cattle at Kan
sas City and >t. Louis the previous
week curtai!ed the movement from that
supply source. but killers seem to 81
getting all the cheap beef they need
Prices have been boosted to the retail
er, who in turn has marked up charges
10 the consumer and beef consumption
has been seriously curtailed in ccnse-
quence.
Gables from the other side OF the
Atlantic indicate that the weather has
improved being not quite so warm
and there is a slightly better demand
for cattle. The market is about steady
and the tone is fairly firm. Prices OF
states steers. at Liverpool. We're 12A q
1871: cents per pound; Cana adams being
12a4 dl3 cents per pound. Live cattle
can be handled at British ports, but the
strike makes unloading dressed beef
impossible
Killers insist that the public, ca
PRECIOUS as ever. has switched from
common and medium beef to the quail
tilted article. A head buyer for one
of the big local houses said: We have
been unable to get action on beef from
cattle costing $3.50 down last week
while product of IQs cent steers has
sold like hot cakes. We could have
sold Two carcasses OF ~ ascent cattle
where We have been able to get one
Retailers have SIMPLY turned common
beef down l cart account for ii eX-
cept that the lupuc always clamors
Cor scarce commodity and choice beet
is in that category now"
Hogs.
Hogs opened and 10 cents higher
and the advance held until the near the
close. when there was a shading OF
prices 70 effect q clearance.
a lively struggle Is in progress in
the hog market Packers are strenu-
ous!y resisting determined efforts 10
put good hogs on an SC basis. They
have resorted 10 various expedients
even going 10 the extreme of quitting
The market in body and letting the
major part of days receipts go to
sleep. bur had 20 buy on the following
session. Another abortive plan was
buying packing graders and avoiding
competitor on qualified hogs. but these
merely put a premium on trash and
narrowed the spread iliogically. They
are trying to widen the spread and put
packing stuff where it belongs. meas
ured by the price Of high dressing
hogs by wearing out the bull element
but IL is a slow. unsatisfactory pro-
cess and does not get them many hogs
Had the big local houses attempted &c
compete Oh shipping stuff recently an
advance of 5 ! per ext would easily have
been scored, Frequently the big pack
ers DO not buy hog until near noon
and none of them are getting the stuff
they need. The battle is not over and
the outcome depends on how eastern
demand is maintained.
Supply indications are anything but
burdensone. but packers are fighting
the market hard. Shipping demand Is
broad. tina, outlet having absorbed
about $4,000 head of the 100000 show
ing up last week. A year ago receipts
were around $4,000 and shippers took
only $4,000 The five western mar
kets received about $1,000 last week
against $4,000 the previous week and
211 900 a year ago. Comparisons foI
the week in three years at these points