Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-08-26

receipts it was an easy matter for
holders to force prime hogs up to the
50 mark today This represented a
general 10 cent advance on choice ship
ping hogs. and the prices secured were
the highest paid since October. 1910.
With the $500 hogs within call mos.
traders thing it will be put over here
| this week. if not today
! Receipts of hogs at the Chicago stock
yards last week totaled 9I.lO0. an in
/ crease Of 400 compared with the pre-
| vious week a decrease of 11,4OO COM
pared with the corresponding week last
| year and an increase OF $500 compared
with the same week two years ago,
Estimated average weight Of hogs at
! Chicago was 242 pounds, or one pound
| lighter than the previous week, the
same as the corresponding week year
ago and fifteen pounds lighter than the
same week two years ago. while COM
pared with 234 pounds the correspond
(; ing week in 1909.
! Top for the week was $3.50, being 20
cents higher than the previous week
and compared with 1875 a year ago
and 940 the corresponding week two
years ago. Average price last week
was the highest since October. 1910,
and it figured $685., or 20 cents up
from the previous week and 80 cents
higher than the same week last year
and 81 cents lower than the corre-
spending week two years ago.
Cattle.
Cattle were steady on moderate re-
ceipts.
Seventy -five per cent and more OF
the steer offerings last week sold low
er. and the terrific break they had only
empha sizes the unstable situation
which has been at hand. That further
decline will come this week if the runs
are not cut down to smaller volume
seems certain. altho, since many coun-
try spectators have. been hard hit fl
nancially it is not likely they will come
back this week with liberal runs
Therefore. the trade would seem due to
establish some firmness in prices if the
crop for market is only held to volume
matching the actual trade needs.
Yearlings went down along with
heavier steers the weeks trade In little
| cattle below choice grade being de-
cdedly the meanest in some time past,
altho there were quite moderate year
| ling supplies.
! Higher wholesale prices than ever
before known caused by the recent
| record average cost Of steers. Is
counted the main factor in breaking
beef demand, which has consequently
routed the bullish enthusiasm from the
steer trade. The consumer carries a
crouch against increasing beef cost.
and this attitude can not be justly
criticised. since beef cost has gone to
point beyond all expectancy, and the
break in demand for cattle lacking
choicest quality is only natural con-
sequence Of this
Current situation in the market
would seem to call for some checking
Of the native receipts out OF pasture.
Surely the low quality killing stuff. if
sized up as feeders, to be finished for
winter markets, ought to be worth
market cost right at home now, since
| they could be held on grass and make
some good gains for weeks ahead. The
winter crop Of good beef is going to be
short. That's conclusion reached by
traders long time ago, and since
feeder stuff is in comparatively short
supply at market it would seem a good
time to keep the habitat steers on
grass rather than ship now on a de-
clining market, and a little later when
the owners will want to stock up, find
a big amount of feeder competition
which can only hold up cost.
Sheep.
Live muttons were weak to 10 cent.
lower.
Feeders gave s4.oo@4.25 for aget
Wethers and paid mostly $40 or better
for what they obtained. Country or
ders for feeding ewes were filled a.
$3.50 $50. while feeding yearlings
landed at s4.50G5.25 and even $40 wa:
offered for some lamb weight offering:
which were reshipped to Michigan by
the rangeman who owned them. West
ern breeding ewes were secured a
s440@4.60, ard native lots went ou
for that purpose at 1886 q 800.
During the first part Of last weel
the buyers were rather bearish, but o
late they were fairly willing bidder!
for lamb offerings. Many extra desir
able range lambs were here and thu
quality on an average was better thai
during the previous week Such wa
not the case with natives however, a.
buyers had to do much sorting to &c
anything prime in the native pens
Most Of the natives were in medium t.
fairly good flesh. but finish was I
lacking quality. Feeding grades wer'
not as numerous as the previous weel
and sellers obtained steady to stroni
prices for them. but while no gain wa
recorded the demand was rather urgen
and values are up to the immediate
seasons high point.
Chicago Livestock.
Chicago. Aug. 26.-Cattle-
receipts for today, 17.0O0; narke
steady to 10 cents higher.
Beeye. $3.50. 800. 5.s5@1o.s
Texas steers .............. 5000 6.s
Western steers ............. $3.50 $50
Stockers and feeders 49,. 1900 IA
Cows and heifers .......... ALSO So
Calves 49,. ............. s.5O@1o2
Hogs-Estimated receipts for today
$4,000; market fairly active, 10 to 1
cents higher.
Light ............ S.3O@9.O
Mixed ........ ........... S.15WS.O