Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-02-12
EXCESSIVE SUPPLIES IN BOTH d.
VISIONS CAUSE PRICES TO
REcEoE.
STEER QUOTATIONS DOWN s..
10 AND is CENTS
Similar Conditions in Hog Trade, With
Recession Not Quite 30 Marked
Lambs Decline 10 to IS csnts-Shssp
Hold steady-current Market Quo
tations.

Chicago. Feb. 12.-There was no ses-
! sion OF the grain board today. because
! of holiday.
! Chicago, Feb. l2.-Excess Of supply
/. of steers caused weakness today, 10
and Is cent decline being noticed.
The past week everything which
weighed 800 pounds or heavier had a
lively demand, not even having to 90
lower when 1.4oo- pound and lighter
stuff went down the bumps, while the
, steers averaging below 1900 pounds
, were hard sellers in practically every
session, tho early Monday they moved
up 1920 cents and again late We'd
nesday that kind were also higher sale,
recovering good share Of the decline
they took late Monday. and again early
Wednesday, On Thursday, however,
there was another slump which carried
values to levels no better than shown
late Monday and at the finish the pre-
viou. week and on this basis the clos
ing market for the medium to good
! 900 to ! 800 pound steers rested. while
the same was true OF the lighter weight
common and medium killers
Weeks receipts. We're quite moderate,
tho larger than the previous week.
to.aling 5000, against 1866 the pre-
,,ious week. and 1850 year ago.
while al the six markets there was
total OF 1e..70o cattle. against 1es.eoo
the nrevious week and 123.40o agar
ago Shiprers took - 500 Of the sup
ply last week. against 21.125 the previ-
ors week and .566 a year ago. and the
crop for local disposition was $1,000
against a5.740 the previous week and
22o.i year ago.
The trade is looking for big runs
ahead. but lust when they will land at
market is question which few are
able 10 agree upon. There was no. ma
te-ial change in weather conditions
from the previous week. The country
vest is still pretty badly tied up and
cars are not available in many sections
For some weeks past railroads have
had orders for many hundred more
cars than they could supply, and until
they are able to deliver the cars at
loading stations in numbers sufficient
to insure a big run at market liquidat-
ing fever will be held In check for the
simple reason that many feeders who
wish to cash in can not get the cars to
carry their holdings TO market.
The week ahead thus may not be
big week. but rather a small one in the
trade That will depend upon the abil-
itv Of the railroads 10 haul cars to the
loading stations. ard their ability in
recent weeks, both to haul them to the
points OF loading and again get them
10 market has been sorely tried and
found deficient in many cases. much
of the stuff failing to get here the
days il mas been due to arrive.
Nine dollar top last week stood
against 1915 the previous week and
$3.50 four weeks ago. while showing
clean g rise over top year ago. There
were few loads Of choice / 400 to L.
$50 pound steers at ss.35as .s5 and 4
fair crop OF finished heavies
around $500. tho no liberal quota sold
above 1855. and biggest share OF gen
eral business last week was at s5.I56
7.s5 against s5.e56T75 the previous
week and s5.759e.eo year ago. Most
Of the decent to good light short-fed
steers cleared at $500 66.75 and right
good 1850 to $3.50 pound kind made
s7.00M7.6o. while there were few year
lings above 1925. and 1t took right
classy lot to make $3.50, with most OF
the yearlings going at $3.50 Oils.
Down to $3.50 a SIS it was largely a
light kind of killer steers which had
snail claim tn beef grade. while some
tailings went down to S4.159 500.
Hogs.
The same condition prevailed In the
hog market. the decline there being )
) cents
/ Receipts OF hogs at Chicago stock
yards last week totaled lss.so0, a de-
crease CT 29, 200 compared with the pre-
vious week, an increase Of 20, 100 COM
pared with the same week last year,
and 431o0 compared with the CORE
! spending week two years ago. Grand
average Of the corresponding weeks
/ Of the past eleven years. which ranged
at 1862 to 1888. was 1885.
Estimated average weight Of hogs at
Chicago last week was 2l5 lbs, or ! ID.
lighter than the previous week, 16 lbs
! lighter than the same week year ago
and l lib, heavier than the correspond
/ ing week two vars ago. Grand aver
age Of the corresponding weeks Of the
past eleven years, which ranged At COS
lbs. to .31 lbs. figured 215sIte.
Average price Of hogs at Chicago last
week figured 1924 and stood SC higher
than previous week.-Mrs. lower than the
same week year ago and 32.51 lower
than the corresponding week two years
ago Grand average OF the correspond
ing weeks Of the past eleven years
which ranged at s4.3s@S.75. was 1925
The tops for the same correspondent
weeks ranged at s4.7o9S.05. with ar
average Of 1855. comparing with last
weeks top Of ss47h, which wass7ht
higher than the previous week.
AItho eleven markeo were not lib
orally supplied with hogs the first two
days last week, the total for the si1
days footed 81 900. standing 5000 more
than all Of the previous week, the lib
eral supplies from Wednesday on caus
ing the increase The weeks total wa
900 larger than the same weekSlaS
year and $4,000 larger than the cor.
responding week two years1ago. Crane
average Of the corresponding wesks o