Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-06-20
PRICES 10 TO IS CENTS ABOVE
WEDNESDAYS GENERAL
AVERAGE.
MODERATE OFFERINGS
AN AID TO SELLERS
Steers Quoted a. Steady, Cows and
Hsifsrs Weak - Scarcity Of Cattle
and Adequate Supply Of Hogs in
country-Rsvisw Of Market Con.
ditions.

when advances OF 1O@25 cents were
| marked up. Moderate receipts aided in
! the general advance.
| Nobody complains that fresh pork is
! too high. All the consumers paint
is directed at the beef COST The rea-
| son is plain: 1t is because there is a
plentiful crop of hogs In the country,
and the fresh pork market is in pretty
good general condition, as viewed from
the consumers standpoint.
Pork loins selling at IL to 12h cents
pound, wholesale, are reasonably
cheap, considering cost of other meat
FOODS. Tenderloins are bringing %
cents a pound and the cost of ham and
eggs, too, is down to basis which
permits the average consumer eating
all he wants.
In ordinary times, when there is n
plentiful crop Of cattle in the country.
there is likewise generous crop IT
hogs. That is because cattle and hog
feeding is usually done Jointly on the
majority Of corn belt farms. This year
the situation is different. Feeder cat
tie have been scarce for twelve to
fifteen months past, and meantime hog
production has been normal. Corn.
despite its lofty cost, was still pro-
fit garnerer for the farmer when con-
verified into pork, and the farmer has
made a lot of pork. -
Chicago received s0.4a6 hogs in three
days this week, which is 1928 less
than the first three days last week.
5,49S more than the same time year
ago and an increase Of 7.150 over the
corresponding three days two years
ago.
Enormous deficit was noted in the
combined run of hogs at eleven mar
kets Wednesday and the total at 1890
was 51,70O less than last Wednesday.
5000 smaller than the same day a
year ago and 47,70o lighter than the
corresponding day two years ago.
hogs than a week ago and. barring
Chicago. there were 10 markets having
more than year ago. while most of
| them showed considerable decrease, the
most pronounced OF all being Kansas
City, with drop Of 1000. Total three
days this week 100000. or $4,000 less
than the same period last week, $4,000
less than the like time last year and
even $4,000 less than the corresponding
three days two years ago. Total for
1912 to date, 1874, 900. or $4,000 more
| than the same period 1911 and 2,79s.0oO
mode than the corresponding time
| 1910.
Cattle.
Steers continued steady, while cows
and heifers were weak. despite light
mes. Of offerings.
Twenty-Five thousand cattle Mon
day. nearly 5000 Tuesday and $4,000
! Wednesday at Chicago is marketing
situation which the trade had not
looked for IT spells liquidation. In
duced by the extra ordinary high prices
for beeves paid last week.
This is a run of normal proportions
for current period Of the year. but 1t is
not a significance Of generous supplies
of beef steers ready for market.
| The short runs of weeks past have
beer. best criterion Of the supply situa-
ton and each little overgrowth in the
crop at market. which is brought out
by the keen desire Of feeders to grab at
the highest prices established In the
trade, can only effect even more acute
shortage later this season.
Chicago has had Is. 100 cattle in three
! days this week and this crop is 14.30o
| in excess Of supply here week ago 1t
represents just about that number be-
! ing cut short in the supply which
should come later this season.
Everybody figured the little over
growth in receipts Wednesday as well
as last Monday s,s being due TO the
feyerish desire OF n lot OF feeders to
grab the extraordinary fancy prices
current last week. but the increased
run this week is looked upon merely az
q drain upon future supply. for which
the future market will have to make
price amends.
i Sheep.
The sheep market was strong, arriv'
ais at yards being moderate.