Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-02-24
Conditions

steady.
Revent development III the demand
situation has thrown the prices for
medium 10 good steers into relatively
weakest condition, the decline of 100 .
cents for them on Thursday in face Of
steady rates for the choice kinds and
close to an unchanged level for cheaper
light steers as compared With We'd
nesday put the s6.50Q1.50 steers down
to levels no better than shown last
Monday. and the trade quoted that
kind l0015 cents lower than the close
last week.
Wednesdays advance for them, as
well as the other grades, was de en-
tirely TO the b!izardy weather having
effected belated arriva, Of stuff to an
extent which forced shippers and some
packer buyers to take hold of early
arrivals at higher rates. but tone Of the
market cooled down before the close
" Wednesday and fun recession of the
midweek advance in the Thursday ses-
SIGN plainly showed the actual sitra-
ton among killers to be quite serens
insofar as supply needs at this time
are concerned.
The choice to prime heavy steers are
selling al last weeks rates. because OF
scarcity There IS demand enough to
take all the s7.75dS.5o and higher
grades which are in sight The trad =
has no fear Of impending decline for
that class of cattle. They have baen
running scarcer almost each weak in
the last two months. ind that there
will before long be even greater scare
ity Of these grades is the firm belief
among market students. who keep
close watch On conditions over the corn
belt
The same applies to the general run
Of good grade steers. High corn this
winter has induced A lot of short feed
ing and comparatively few long feed
ings. Result is that it appears that for
many weeks ahead choice quality. or
even right good quality, weighty steers
are going 10 command all the premium
they should as compared With the
short-fed and war1ned-up light steers.
The trade should have an ss0oGs.50
market maintained as long as steers,
which have the quality requisite to I'll,
demand for ,o3py stuff are coming.
but on the other hand free late winter
.:GuiGation OF the cheap and medium
bills can hardly be expected to induce
a much higher price range for like
kinds and the same applies 20 the in
between 200 70 1850 pound steers
Sunnlies this week have been mod
crate nd for two weeks past. in fact.
there have been no very heavy runs.
This. perhaps was due in measure to
weather conditions Ier the country.
which did NOT permit continued big
runs. Things started out on q big scale
last Monday. when Chicago had Is
9s3. but that days supply proved con-
siderahly more than half the total fer
the week. five days run standing 81
500. against 54.419 week ago and S.
I51 a year ago. At the six markets
this week total in five days is $4,000.
a 10000 decrease from week ago
and $4,000 fewer cattle arrived than j
year ago.
Speculation on next Mondays run
was rife in all quarters and suesees
were far apart, some estimates being
down to 10000 and others close up.fo
SO, 500. Car situation will have lot to
do with the actual arrivals. and also
the weather conditions, but the con-
servative guesses were put around 25.
900. Renters stuff was landed chiefly
last week and at the start this week.
and there is little Of the movers cattle
looked for in the last week of this
month -
Hogs.
Despite very meager receipts Of
hogs today. the market was dull and
prices generally 10 cents lower
Combined receipts Of hogs at eleven
markets Friday totaled 1890. or 1920
less than week ago, 17,70O less than
a year ago and 14.3o0 more than the
corresponding Friday two years ago.
Kansas City was the only market hay
ing more hogs than a week ago. Sioux
City and Cleveland were the only
points being credited with more than
year ago. Indianapolis vas the small
est supplied market comparatively and
had $500 less than a week ago end
1000 less than year ago. Total thus
far this week $4,000, or 10000 Less
than the same time last week, $4,000
more than the like period last year and
$4,000 more than the corresponding
five days two years ago. Total for 1911 2
to date 5.oss,ooo. or 1,4o7 Dob more than
the same period in 1911 and 100000
more than the corresponding tine,~in
1910.
Sheep, ).
Receipts in the sheep division -S:s
unusually light. but the market va.
steady.
Such lambs as show quality and I'm
F., ISL sufficient to entitle them to 3e7t
| or better bidding are generally quoted
10@15 cents higher than the close l1si
week, but as a matter Of fact It would
| he easier to sell strictly choice. An
shed lambs now at 81 than at 1918 &c
| packer buyers a week ago. Below the
$3.50 line the market stands in mitch
the same unsatisfactory shape as latt
| last week. 1t is still taking good lambs
| to fetch ss.5Nlambs that oFdinarai,
would sell within Is cents Of the eR-
| IRENE top and lambs the sale OF which,
| disappoints-manys clippers who fail tt
| take into account the extraordinarily
wide margin existing in prices between
merely good and really. toppy lambs
| now so near q novelty A. COED many
decent" killing lambs afpelline dow
l - 80, a. x