Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-03-02
PRIME HOGS TOP At $e.5s
MIXED At *6.4o 70 $6.4s
Cattle Close Week on Steady Basis and
Gain in Prices-sheep IN Good De-
n,snd and Active All Week-Lamhs
Not So Active and Market is Weak
Current Quotations.

$40 and s6.45.
Total run FIVE days this week was
l59,60O. decrease OF 1900 compared
with the same period last weex and an
increase Of $4,000 compared with the
correspc nding time last year.
Receipts at elevent markets Friday
showed a combined aggregate Of $500
hogs. or 5000 more than a week ago.
an increase of 80 600 over a year ago
and $4,000 more han the correspond
ing Friday two years ago. With the
exception of Kansas City and Sioux
City. outside points all received mere
hogs yesterday than last Friday. an IN
dication of either premature marketing
or an abundance OF animals ,in the
country. So far this week Chicago has
received $4,000 hogs which. however,
is $4,000 less than last week. $4,000
more than the combined receipts the
same period last year and $4,000 more
than the corresponding time in 1910.
Total for 1912 to date is 5.5eS.00o head.
compared with 100000 the same per-
iod 1911 and 1888 600 the corresponding
time in 1910
Hog market closed the month at high
point. a top Of s6.521s being made on
the last day of February. while the az
erage price that day stood at s6.4i. al
tho the twenty-eighth day was top.
limit of s6.5712 being established that
CAV. sc rise over the final days high
spot. The general average price for the
month stood $500, against 1926 in
January and $40 in February 1911.
while the top for February was 1c1:c
point wear ago 1t was a case OF
for the big receipts. same as applied
to the January receipts.
Good quality. but comparatively iight
weight of hogs was feature all the
month. while the strong eastern ship
ping demand. which afforded outlet for
a total of 25634s hogs in February. or
$3.50 more than year ago. was
strong influence in preventing PACKER
price raise. the relative strength OF the
market being a surprise to the latter
forces. but shipper demand was largely
responsible for this.
Cattle.
Cattle were nominally steady today.
For the week higher prices were noted.
The greatest rise at the finish OF the
week is noted for plain and mec'uhi
ri,a,ity steers kinds which in recent
weeks have been getting the brunt Of
packer i,earish disposition. This week.
however. short receipts in the west.
which markets the killers have previ-
ous!v been depending upon to furnish
a lot of this kind of beef, have been
stimulus to an urgent local demand for
that class here.
Packers have gone into the trade for
the 900 to 1900 pound steers OF little
flesh. buying them away from the feed
er buyers. in face of really urgent
need for these grades to go back to the
country 10 fill prospective gap In
summer supplies.
The short receipts have plainly
shown killer surplus beef stocks to be
smaller than have been expected. Pack
ingtown hooks have not held any great
surplus Of beef in recent weeks and
shortage in supplies west as well as
locally has put the killers against a
stuff proposition where they have been
agreeable to paying stiff advances in
an endeavor to coax out larger supplies
with the breaking up of the bad
weather west. which will permit freer
which are DESTROYS Of cashing now
the higher corn market makes feeding
Of that precious commodity most ex-
pensive. 80
Five days receipts th,s week stand
only 47.4o0 against $1,000 a week ago
and 45.Sa9 a year ago, while Of this
supply there have been shipped total
of 2o,500. against 21.9S5. a week, ago,
leaving net supply for killers several
thousand head short Of last week.
Six markets receipts stand 10000
for five days, against $4,000 a week
ago and approximately the same crop
q year ago.
The estimates on next Mondays run
ranged all TIE way from $4,000 to
30 coo. with the ma jority Of traders
looking FOR close to $4,000, but supply
Of the latter volume would be almcst
sure to precipitate some sharp price
cutting 1t will depend entirely Upon
the railroads ability to move lot
of cars to market whether there will
be big or small supplies and decline
or frmncss in the market.
Let it be well understood, however.
that the killers are lying in wait for a
deluge as a consequence of recent price
advances, with the firm determination
to cheaper cost Of their purchaeeA
Sheep.
Sheep have been in good demand
and active all week. showing gains Of
Is and % cents on the bulk. Lambs
were not so active and closed weak.
Poorer quality of sheep and lambs
than usual at this period Of the year
proved a feature Of the February bovine
crop, while wide price range was in
I evitable, in view OF the quality Of stun
| marketed. Still the market for both
sheep and lambs closed as high 40 any
| time in the month, and the prime
grades were, in fact. higher at the fin
ish than at any period Of the month.
An average price Of 34.15 was made
for sheep in February, against $40 II
January and $4.15 year ago. while
lambs averaged ss.15. comparing witt
$3.50 in January and se.06 in February
1911. Lambs topped at S7.15, against
$40 in January. Sheep ct IS were q
a 10c cut from January. and high point
for yearlings was 35.S5,2a 40c decline