Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-06-27
MARKET REeAlNs STRENGTH
WHEN RECEIPTS DROP BE.
Low 5000.
TOP FOR DAY 5 CENTS
ABOVE WEDNESDAYS BEST
Hog Market Slow But Prices Generally
Steady Compared to Previous Sss.
sion-currsnt Quotations at Market
centsrs and a General Review Of
Conditions.


showed recovery today from the weak
ness OF the past two Gays, and the top
for best steers was cents above We'd
nesday's highest. The whole market
showed strength, receipts being less
than 5000.
Generous receipts Of cattle in the
past ten days, situation rather I'M
looked for, ard one not likely to con-
tinue long, in view of general shortage
in feed yards and pastures. has given
killers opportunity to materially lower
prices for CRASHED steers.
Grassers are down Is cents in 4
great many instances compared with
the selling value Of such grades at high
time this season. and there are some OF
the lower grade light steers which
show even greater decline.
Killers have refsed to pay form er
prices for all mediocre and common
steers. but these grades have for a long
time been selling at an abnormally
high figure.
The lower grade steers have estao-
lished values relatively higher than
best quality kinds, since latter kill out
nearer worth the money than do the
unfinished and green" cattle.
Last weeks liberal supplies gave
packers surplus beef stock and This
ceip.s, the buyers are in a position to
hammer values for the cheap grades
once more 1t is merely the working III
the old supply and demand rue in the
trade. Cheap stuff is coming ID market
in more abundant volume ans getting
an Inevitable price break.
Hogs.
Hogs were slow but prices were gen.
orally steady.
The dominating factor in the hog
timent which so suddenly replaced the
tullish attitude at the close last week.
This state Of affairs in a measure is
caused by the unexpected increase in
receipts. due to the report Of cholera IN
various sections of the hog belt. Snip
pers and feeders, unwilling to take a
chance at having their swine contrac,
the dread disease, shipped them to
market, the result being excess supply
| and weakening OF values.
! Barring Kansas City and Indianapo-
lis. the other nine markets had moro
J hOES yesterday liioil a HSSn CO., SAAN
the combined total at the eleven points
footed $500. or 2s.5O0 more than pre-
| ceding Wednesday. but 200 less than
a year ago and $500 more than two
years ago. Chicago had 5000, more
than a week ago, while Kansas City
showed 1000 decrea Sc Omaha received
! $500 more than a week ago and ST
Joseph receipts were double those OF
last Wednesday, while Sioux City was
! credited with $500 increase Kansas
CITY received 1000 less than year
| ago and Indianapolis decreased 1000
while other points showed small de-
creases Total the first half OF this
week 100000. or $4,000 more than the
same period last week, 1000 less thar
the like time last year. and $4,000 more
than the corresponding three days twt
years ago. Total for 1912 to date 49,
, .e1 600. an increase of $4,000 compared
. with the same period 1911 and 3.s2l.o9s
compared with the corresponding tins
1910.
/ Sheep.
Demand for sheep awakened and tn
| market was slow. There was little var
iation in prices compared to Wednes
day.