Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-08-03
PRICES CLIMB 5 CENTS ABOVE
FRIDAYS LEVELS, WHEN 40.
VANCE WAS SCORED.
TOP PRICE MARKED UP
TO EIGHT FoRTY.FIvE
Cattle Trade Was Firm, But Quality
Of Measer Offerings Poor-Lambs
Wore Strong and Sheep Wcak-
Review Of Market conditions-cur-
rent Quotations.

Chicago, Aug 3.-Hog prices today
closed cents higher. The top was
$S.45.
There We're $1,000 hogs received at
eleven markets yesterday. or 3.4C0 more
than the preceding Friday. 100 less
than a year ago and 700 less than the
corresponding day two years ago. Sioux
City and Buffalo had comparatively
liberal receipts, but other points
showed about normal supplies. Total
thus far this week $4,000. or 21,Ooo
more than the same period last week,
1000 less than the like time last year
and $4,000 more than the correspond
ing five days two years ago. Total
for 1912 to date 5,635.O00. or $4,000
more than the same period 1911 and
$4,000 more than the corresponding
time 1910.
Cattle.
Cattle trade was firm and quality
weak.
More steers have sold upward Of $500
this week than any time this season,
and, in fact, any week since in forty
two years past. 1t is a pfenomenally
good grade for everything CHASING ds
strictly good to choice beef makers, but
every one connected with the livestock
market knows we'll the reason therefor.
Shortage IN supplies has been fea-
ture Of the trade for months past. The
consumer demand. on the other hand,
has been holding up we'll practically
all season in spite of the high cost OF
beef. This situation has simply COM
PEELED the killers and eastern shippers
to keep on the run in their quest for
fat beeves and they have been against
a market proposition wherein chance
to bear the prices has been about as
futile as was sellers opportunity to
push them up at low time last sum
mer.
Naturalization Of new top OF 1886
for prime beef this week. both stillers
and corn-feds, plainly shows the ur-
gency Of killers orders for the best
cuts. A $1,000 market is now an I'M
mediate future. prospect and there are
many who believe that price will be
hit next week in event that measer
crop Of prime stuff lands here. When
the market for tops will start going
down is a matter upon which few OF
the traders. even Including buyers, are
willing to venture a guess.
The s7.OO@S.00 and $3.50 kinds are
bringing all they are worth as COM
pared with higher quality steers. so
traders agree. They are killing out
practically at record cost for that kind
OF stuff, and when they. too, will go
down materially with depend to great
extent upon the size of the western
range crop this season. and also upon
the quality Of latter marketings.
Some good situation prevails in year
ling trade Cattle of near yearling type.
only little over 400
pounds, sold this week up to $9.45, a
record for stun Of this kind. and
straight yearlings made 1925. while
several droves around 5000 and bet
ter included a mixture OF high grade
heifers. Still the bulk Of yearlings are
running down in quality and a spread
OF the yearling crop. with light grassers
going around $500 and lover.
Sheep.
Lambs were strong; sheep weak.
Demand for feeders is increasing
and there is no reason to disbeiieve
the statement OF well posted traders
that price for this kind will show a
corresponding improvement. Bulk OF
the stun sells from 1910 to 1888, Whlcn
looks out OF line when 1t is considered
how yearling steers are selling. En-
bracing all kinds of feeding wethers,
however, the spread Is from $3.50 to
$3.50.
Receipts were estimated at 10000
yesterday, as against s,6o3 the pre-
vious Friday. 10,462 the same day
year ago and ss0S the corresponding
Friday two years ago. For the week
thus far Chicago received 117.Soe
sheep, compared with 1888 the frs,
five days last week, 1888 the same pc
Rod a year ago and 93,098 the CORE
spending FIVE days in 1910 Six mar
kets for the week so far reported 1885,
90, as against $4,000 the same time
last week and $4,000 the correspond
ing five days a year ago.