Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-07-24
SELL UP TO $7.15, THE HIGHEST
FIGURE REGISTERED SINCE
LAST MARCH,.
CATTLE CLOSE STRONG,
SOME GRADES HIGHER
Hogs Close 5 Cents Higher Than the
Opening and Prime Butchers Find
Active Market-Lambs Are Strong
and In Demand, Westerns Selling
Up to $3.50.

Chicago. July e4.-Cattle closed
strong and in some cases 10 cents
j higher Prime heavy sold at s7.15, the
highest figure attained here since last
March.
Packers have made no concealment
! OF the fact that the abrupt halt in the
movement of southern stuff has en-
barrassed them. They argue. however.
! that the repairing of prices so con-
! spicuously in evidence last week, will
renew the run. That most Of the fed
Texas crop is already in killers hands
southwestern country is getting. some
/ rain right along, no gluts from tha.
quarters are to be expected. The south
| vest is by no means long on cattle. the
! main trouble in that quarter having
! been lack of feed and water. and with
! that deficiency renedied, it is highly
probable that the easy buying killers
! have experienced could no longer be
a market feature.
! The gratifying development OF the
Week was the necessity of admitting
their needs under which packers found
| themselves. On Monday, with liberal
! receipts, they assumed a bearish att!-
J tude. despite the fact that supply was
| light everywhere else and had their
way about il. On Wednesday they
| tried the same stunt. but fell down. and
/, the latter part of the lnid-wee session
! saw a scramble to purchase. Thursday
illed some stale orders at further adj
| vauces and Friday it was evident that
+, there were not enough cattle to go
! around. The claim that beef is not go
| ing into disrributive channels promptly
| was effectively disproved by the weeks
| events
| a sprinkling Of range cattle from the
northwest got in. but they were droutn
! refugees from South Dakota and feed
crs got most OF them. During the cor
| responding week last year a similar
| movem ent. but of much Larger volume
| was in progress. that week fetching s..
| coo range cattle to the local market
| but some Of them sold at 5000 625.
| and many at 5000 80. The north
! luminous. Montana will send some
| fat cattle but both Dakotas are ad-
nittedly i'll a bas way.
Hogs closed ce..ts higher than the
/ opening. Prime butchers sold we'll
5 Pig pork is unstable and little pigs
a drug on the market. They accumu-
! .ate in spectators hands and some
| are selling as low as $3.50. Weights
OF 20 TO 40 pounds can get bids witt,
difficulty. Above 100 pounds pigs at
! tract attention.. at i25Ml5o pounds
! they find q good market The spread
i between little pigs and j pound stuff
! suited u the shipping outlet is $3.50
! q Go Some little pigs look sick
/ but many arc healthy, and the only
excuse for their premature appearance
! at that market * that feed and grass
are scarce. AT Kansas City pigs are
/ plentiful and st. Louis reports an ex-
| cess o. poor pigs at 81 5o@5.75. Pack
ers contend that the early movement,
Of pigs means 4 big crop and a desire
10 reduce herds 20 winter proportions.
| coupled with apprehension of lower
| prices. Scarcity Of grass has made
I. success with pigs doubtful in many
| localities.
Average price of hogs at Chicago last
week figured $685.. or cents higher
| than previous week, sl.91 lower than
same week last year and s1.3o lower
IMAM tp!I pointing Weeks Two year
I ago Grand average OF corresponding
weeks of last twelve years, which
ranged at s44o to 1857. was $3.50, or Sc
cents lower than past week. There
were three weeks lower than $3.50 and
| five higher than $3.50
Combined receipts OF hogs at eleven
markets iotaled $4,000, or $4,000 less
than previous week. 5000 more than
same week last year and 10000 more
than CORES onding week two years
ago. Grand average Of corresponding
weeks Of last eleven years was $4,000.
Total for 1911 to date 14,147O0O, or B.
$4,000 more than same time in 1910
and Ala eco more than corresponding
period in 1909, but 2.108,Oo0 less than
like time in 1903. The four-year aver
age figured 13,7os,ooO
Sheep.
Lambs We're strong and in demand
westerns selling at $3.50. Sheep were
inactive.
An unexpectedly heavy movement OF
western range wethers here the last
week has caused a serious slump in
prices for that class of stock as wei
) as the big weight native ewes, all such
showing a drop of fully 40 cents within
the past seven days. A limit of $40
must De paced on the quotations for
heavy range wethers now and about
SO so for the big choice fat native ewes
the good class of big native ewes 60
ing at s3.25M3.50. while light and
handy native ewes Of a prime class
might sell up TO S4,0u, the latter and
heavy yearlings as we'll being down.
about % cents from price week ago
fkieano iueefoeL
Chicago, July 24.-Cattle-Estim ated
receipts for today, $4,000; market
opened shade up.
Beeves :. ................ 5.1O@71(
Texas steers ............. 4.50@6.1(
Western steers ............ 4.00@5.9t
Suckers and feeders ...... S.00@5.4(
Cows and heifers ........ 2.2015.9(
! Hogs-Estimated for today, $4,000;
market opened 5 cents higher.
Lights :. .... s.so@6. 81