Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-08-06
HIGH MARKET FOR CHOICE BULL.
ocks EXPECTED TO INCREASE
RECEIPTS WEDNESDAY,.
TRADE CONTINUES STEADY
At MONDAYS LEVELS
Hog Trade Strong to 5 Cents Higher
Special Grades Sell Up to $Se5-
Lambs Strong and Sheep Sow-cur.
rent Quotations at Livestock Cen.
tiers.

strong to cents higher The special
ties sold at $3.50 and $3.50.
Kansas City and Buffalo were the
only markets that received more hogs
Monday than a week ago and year
ago, the former showing 500 increase
in each case and the latter being cred
tied with 1000 gain in each instance.
Chicago had $4,000 less than last Mon
day and 1000 less than year ago. ST.
Louis had 1000 less than a week ago;
st. Paul had $500 less than a week
ago; Pittsburgh had 5000 more than a
year ago. Combined receipts for the
day at eleven markets footed 76, 400, or
5000 less than last Monday, 5000
more than the corresponding day a
year ago, and 10000 more than the
same day two years ago. Total for
1912 to date, $3.50. 900 or 77s,0O0 more
than the same period 1911 and 4,17S.00O
more than the corresponding time 1910.
Cattle.
Cattle trade was steady. The $40
market for choice bullocks is likely to
insure a heavy shipment of that kind
tomorrow.
Coveted $1,000 steer top was reached
and passed Monday, reached in bids
and passed by sales, the top drove
going at s1O1O They were fed by AL
bert W. Bragg, Of Tuscola, ILL.,, veteran
feeder for the markets and information
al shows and one Of the most expert in
the country. Four loads Of his Angus
steers, averaging 1905 pounds. bought
a q In coIo
at the price, Tim Ingversen buying
them for Swift & Co., and a 15S3pound
Load of Shorthorn and Hereford beeves
sold at s10.05. Ten dollars was ex-
pected to materialize today and the
sales occasioned no excitement in the
trade.
Mondays top at $4O.1a exceeds the
paid, but the records Of the Chicago
that S10.25 was paid for prime beeves
in 1867, when stiilers sold up to 1885
Now that SO top has been passed
the trade sentiment Is as bullish as
ever and still higher prices are pre-
dicted by some of the local operators.
altho they all agree that the market is
on a basis Of war time prices. which
only dire shortage Of prime beeves
could make possible.
When the western range cattle move
ment Is on in earnest, Which will not be
many weeks away, the trade should
have a comfortable increase in beef
supplies which ought to cause soine
little slowing down OF the aggressive
killer demand.
Last week an increase In receipts at
all the markets tended to put a check
On the call for medium classes Of steers
and a fairly generous crop at the six
points today serves as another factor
in checking bullish enthusiasm, as re-
CARDS the cattle of grass, and like
wise those whose acquaintance with the
feed box has not been Of long dura-
ton.
No one can consistently lock for
lower al in the trade for thick. long
fed steers. Those kinds are destined
to hold strong in value. and the so
steer is as much OF a probability nov
as was the SO steer few months ago.
However. the establishment Of $40
market for prime steers need not nee
essarily mean that the general beef
cost is going to continue its upward
trend. The range cattle supply this
season. altho it promise to run far
short of a year ago, should help out
some in clamping the lid down over
the bullish expectancy as applied to
cattle Of medium and plain grade.
Sheep.
Lambs were strong, and sheep slow.