Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-08-12
SHIPMENTS HELD DOWN At ALL
MARKET cENTERs AND SHARP
ADVANCE IS SCORED.
QUOTATIONS UP IS CENTS;
TOP ADVANCED TO $3.50
Prices. While Grasssrs Are in Gsner.
clines-Live Mutton Trade Steady
Current Quotations.

Chicago, Aug 12.-The hog supply
was light everywhere and prices were
Is cents higher. The top was $3.50.
Obviously the pig situation is bad
extremely so. In fact there is little or
no demand for pigs Some light pigs
are fully 81 lower than last Monday,
while the strongweight pigs, weighing
over 100 pounds, are 25@4o cents off
Hogs received last week at the Chi
cago stockyards totaled 100000, de-
crease Of $4,000 compared with the pre-
ceding week, an increase of 500 COM
pared with the same week a year ago
and 20,500 compared with the cores
pond!ng week two years ago. Ship
ments fell down around 5000 compared
with the previous week.
Estimated average weight Of hogs
was placed at 241 pounds. the same as
the previous week, which stood the
heaviest Of the year to date, and was
four pounds heavier than a year ago
this week, but was eleven pounds
lighter than the same week two years
ago. while it compared with 231 the
corresponding week in 1909.
Top hogs last week stood out prom
irently at 1855, being the highest since
November, 1910, and compared with
Ss.45 the previous week and S7.92R
year ago, but stood 40 cents lower than
two years ago last week. Average
price last week figured s7.9S, or IL
cents higher than the previous week
and was cents higher than the
previous high week this year, while 1t
was So cents higher than a year ago,
and compared with $500 the cores
noQGing week two wears ago.
While eleven markets had $500 few
er, hogs Saturday than the previous
Saturday. the difference compared with
a year ago and two years ago was or
little consequence. Total for the week
aggregated $4,000, and was 5000
smaller than two weeks ago, when
combined receipts were up to that
time the lightest thus far this year. be-
ing $4,000 smaller than last week, but
was 10000 larger than the same week
last year and $4,000 larger than the
corresponding week two years ago.
Total for 1912 to date 16,039, 900, or
SOS, 600 more than the same period 1911
and 4,2o4,00O more than the cores
ponding time 1910.
Cattle.
Good cattle sold at steady to strong
kets was generous and grassers. Loo
to take irregular declines.
Last weeks steer trade. the largest
in volume since the week ending Jan.
81 last. demonstrated two things. First,
the inability of killers to hold down the
top kinds, when they have urgent need
for them. and, second, their grip OF,
the situation as affects medium and
come to hand The best sold higher,
gains of 1906 cents over the previous
week being made. and top OF Slo.-o
eQualing the highest price ever PAID
and that only once before In the MS
tory of the Chicago market, In 1861.
Common. plain and medium steers sold
lower, anywhere from 10 TO 50 cents
decline being registered during the
week, and this price spreading between
choice TO prime and the common ana
medium gradessis feature of the mar
ket which will likely prevail for some
weeks ahead, since the western range
runs will come more or less Literally
from now on. Rangers have made
| highest prices on record, topping at
$3.50, and bulk of range steers sold at
| s7.4O@s.20, while range heifers at S1.55
went s1.40 higher than ever before.
| In spite of the generous run Of $500,
| which compared with $685. the previ-
Gus week and 51.091 year ago, every
bullock here has been needed. Packers
were afforded an opportunity to lay up
surplus Of beef crop. however, and
| this should work against sellers in
terest in the next week, particularly
| in handling medium and plain steers
altho the scarcity of choice to prime
! 1,40O to 1900 pound and heavier beeves
! is a serious factor facing killers, and
that they will be forced to pay even
higher prices than last week is an
opinion to which the sellers are holding
fast.
Ten and a half and even $11.00 cattle
are talked of as probable OF being had
before the season Is over, but such
wildly inflated values. 1t is readily rec
ognized. can not be made unless the
consumer shows the same willingness
to pay further advanced retail price.
for fancy beef cuts. and this is ques.
ton which only the future can deter.
mine.
Suffice it to say that thS season'l
crop of big beeves is practically all In
A few Illinois and Indiana feed yard!
hold some scattered loads Of thes'
grades and there are claimed to b.
some odd lots in Iowa and Missouri
tho the late fancy prices have been {
strong magnet which has drawn tn
bulk Of the best grades to market, ant
some of them here last week had beer
originally intended to be placed in tn
1872 international carlot show.
Several droves reached $1,000 t
s1O15 last week, and cattle averaginl
considerable less than 1900 pounds sol
at 1895. all of which indicates that
is not only prime quality big weight
which are commanding record prices
but the lighter grades Of prime stuff
as we'll. the yearlings not excepted
since yearlings sold at $40, also
record price.
Western markets also had increase
receipts last week, the bulk OF stuff i
the west as we'll as at Chicago comm
out Of pasture. evidently on owners
desire to get it off their hands befor
the range runs begin in earnest, bu
this season it is apparent there Is like
5 iy to be less severe breaking OF tn
J grass native steer trade than in year
r past. when the northwestern range
carried a much greater crop of cattl
than now.
xi That there will be further decline fc
native grass steers as well az the me