Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-08-14

Chicago, Aug. 14.-Hogs were steady
to strong today. The top was $S.65.
Small outside receipts Of hogs were
more responsible for the fall down in
the total supply at eleven markets
Tuesday than Chicago, when compar-
ing with week ago. while, on the
other hand. local receipts fell off most
, compared with a year ago. Combined
total footed $1,000. or 1900 less than
week ago, 400 lest than year ago
and 1000 more than the corresponding
Tuesday two years ago. Chicago had
5000 less than a year ago. Kansas
| City received 5000 less than a week
ago and 1000 less than a year ago.
Omaha had 5000 less than the prevt-
Gus Tuesday, but $500 more than
year ago. st. Louis had 5000 less
than a year ago. st. Joseph received
1,SG0 less than a week ago. Indian
apolis had as many less than a week
ago as it did more than year ago.
Eastern markets were normally sup
piled. Total the first two days this
week, $4,000. or 1000 less than t he
same period last week, 10000 less than
the like time last year and even 1000
less than the corresponding period two
years ago. Receipts thus far in 1912
aggregated 16.l6l. 900. or $4,000 more
than the same period 1911 and 4,202,-
900 more than the corresponding time
1910.
Cattle.
The cattle supply was generous but
corn-fed beef was relatively scarce
and claimed steady to strong prices.
Beeves sold up to s10.40.
AS the season advances, these choice
to prime steers are expected to fall off
very fast in numbers since the record
prices now prevailing will likely prove
a strong magnet in drawing them out
Of feed yards where the owners had
originally intended keeping them until
the fall and winter months. Results
Of this exodus can only mean a scant
consequence. a long continued $1,000
and higher market for the toppy stuff.
That the demand for prime steers is
being conclusively illustrated on all
sides. Kansas City. for instance, had
a 5000 top yesterday. S. & s. being
reported to have bought them, and
Swift paid s10.35 at Omaha.
|
grassers and short feds are holding
barely steady with last weeks closing
prices, but they are doing a great little
price making stunt at that, while the
demand for good grade light and me
! dunn weight steers is giving the trade
no cause for worry even tho they are
| failing now to make the same big price
jumps as shown III trade for the heavy
! oh %
kinds, however. nave had all the best
Of the going, relatively speaking. for
some months gone. during which time
they sold at rates really out Of line
with top kinds. dressing percentages
taken into consideration.
Fat range beef steers selling at the
record price Of SO per cwt and an ordi-
narily called good kind at SO and up
steers around se5o@7.00 does no,
speak we'll for the prospect Of corn
belt feeders getting many thin range
steers this year. Every range bullock
which has the least kill" to it will "a
into beef consumption. and there is G
strong assurance that the packers ant
eastern shippers will wish they wer.
able to get a whole lot more of thu
rangers than will be available.
1t is going to be slim picking for tn,
corn-belt feeder. Owners Of good pas
lures who have been holding off tn,
feeder market in hope Of a break IL
prices will hardly find the next few
weeks propitious time for low cost
Feeder demand is broadening now a.
the corn shows betterment in condition
in some localities. but big demand
, for thin steers will depend entirely up
on a good corn crop.
A short movement Of feeder cattl
, from the markets to the feed yard
will mean a short movement of ia
stuff back to market in future months
The trade may not then be on 800
to s1O.40 basis for choice to prim
grades but there is reasonable assur
ance that prices will remain high
These record prices. are not the result
of any false bottomed boom. in tn
market. There is no unusual deman
for beef. but rather healthy, nor
NAL call. and one which the killers ar
finding hard to I'LL because Of tn
shortage in fat beef supplies.
Sheep. ~
Live mutton trade was steady.