Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-03-09
ScALPERs AND SHIPPERS FORCE
PACKERS TO GET INTO BUY.
ING GAME.
UPLlFr OF 10 CENTS
ON AVERAGE OF TRADING
Prime Butcher Hogs Soil at Highest
Price Of Season-CattIe Finish Week
Steady and Generally Higher Com
pared to Last Wesk-Sheep and
Lambs Steady.

lHS A.O5 mai hSl lCCSty, Sldl leu ~ lAAS
scalpers and shippers and participated
in py the bis packers later. Prices adj
venced about 10 cents on the average,
and prime butcher hogs went over the
scales at $50, the highest price paid
.h4s year.
Comuined receipts al eleven markets
! t'riGay aggregated e1,100, a decrease or
10000 compared with last week. 5000
more than year ago and an increase
Of 1880 over the corresponding day
1910. For the week thus far at eleven
points receipts total $4,000, which is
an even $4,000 more than the first five
Gays last week, an increase OF $4,000
over the same time last year, and 23O,-
coo more than the corresponding Pc
ROD 1910. With the exception OF the
81 Louis and ST. Paul markets. re-
cepts showed falling off as compared
With last Friday. AT National stock
Yards, however. gain of 1900 was re-
corded. while st. Paul. with total Of
but 1900 F'ridar was 500 more than
week ago Total 1912 TO date reaches
6.1So.oG0. or / 1857 900 more than the
same time last year, and an increase of
>. 117.00O over the corresponding Pc
riod 1910
Cattle.
Cattle We're steady. For the week
medium and light weights showed an
advance,
Closing off 10 a CSC from the weeks
high point the heavy steers are just
now in meaner favor than in two weeks
last but the fact remains that they
have had all the best Of the deal re-
Gently and there is stronger prospect
Of that kind coming back than the
cheaper and medium grade light steers
in event that supply next week runs
over the volume had here early this
week.
The heavy fat steers will be wanted
by both the shippers and packers. Not
enough Of them are available now to
overcrowd the demand situation for
any length OF time. For some weeks
past price weakness for these grades.
when shown, has been only Of short
duration, and this situation affecting
them is likely to continue.
There is, however, danger Of some
overcrowding of the trade with medi-
UNI and light steers in the next week.
Sellers have been looking forward to
good sized dose Of them landing here
then because of the tendency to cash in
now that these kinds are on money
making basis, despite the high cost of
the corn they have consumed. Still
some bad weather reports come from
Iowa and expected liberal shipping
for many sections there may not ma
terialize. since six to seven inches OF
snow and severe cold weather have been
had in numerous Iowa sections in re-
cent days, and such a condition fol-
lowing bad weather in recent weeks,
should tend to check shipments.
Sections where shipping can be car
ried on without great hindrance. how
ever. will doubtless cut loose freely,
and the buying forces today were look
ing ahead to prospective lower mar
ket next Monday, with anything like
a generous run. and asserting that 4
supply of $4,000 to $4,000 would be
enough for them to turn the trick.
This weeks crop has shown fair in
crease over a week ago, totaling. $500,
against 46409 week ago and 1854
year ago. while the shipments have
fallen down. five days outward move
ment totaling 10000, decrease OF 100
from a week ago and 300 less than
year ago. Six markets supplies also
have been larger. the crop for the week
1
over week ago and 1000 less than
a year ago. =
Sheep.
Sheep and lambs were steady.
Demand for feeders shows little
| Improvement. the best lambs going out
to shear and finish costing 1915, and
that stuff is not as plentiful as recent
! ly There exists no urgent demand for
/ it, however.
The market has done phenomenal
stunt this week. Wethers sold UP to
$685.. the highest point reached since
June. 1910. Yearlings at $685. have
done the same performance. Both fed
western and native lambs have scored
at $40 and heavy ewes at $3.50. some
of them being no better than the $3.50
| kind week ago. Colorado lambs at
$40 were the highest of the year by
sc and no Coolies" have sold higher
,,snce May. 1911.
The early week gain on lambs was
$50 soc: on sheep. 50@75c, many gives
reaching a level that was 81 higher
than early last week. fridays reaction
eliminated some Of this bloom. but, the
market appears to be on a very healthy
basis.