Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-04-27
SATURDAYS CATTLE RUN
TOO SMALL TO MAKE MARKET
Prices Nomina!Iy stesdy-SheeP and
Lambs Close Steady With Record
Prices Well HeId-Review Of Market
Conditions and Quotations at Various
Livestock Centers.


offerings We're secured at s1.S0d 500
and inferior to good mixed packing
landed at $3.50 a7s5
Shippers sent in fewer hogs Friday
TO practically every one of the eleven
markets than week ago. and the COM
bined total at $1,000 was 26.4o0 smaller
than last Friday. 27.10O less than the
same day a year ago and 21.2O0 more
than the spending day two years
ago. Chicago received 1850 less than
a week age while Kansas City showed
1000 decrease and Omaha fell off 5000.
While indianapolis showed a 5000 loss
also Other points had only small de-
creases compared with last Friday. The
six main markets showed a combined
decrease of e1.000 compared With year
ago. while the other FIVE markets. col
lectively. showed Only 500 loss. Total
five DAYS this week. 421. 900. or $1,000
more than the same period last week
$4,000 less than the like time last year
and 209 00o more than the correspond
ing FIVE days two years ago Total for
1912 10 date a,lS200O. or 1.263.000 more
than the same period 1911 and 3.052.Ooo
more than the corresponding time 1910
Cattle.
There was no cattle market because
of light receipts. Prices were nominal
ly steady.
Altho the receipts have run a little
above last week. totaling $4,000 in five
days against 47.S2i week ago and A.
.9S a year ago. the surplus has gone
TO the shippers and packers having
need for generous beef supplies have
no Sn fnrra
effective bear campaign any spot in
the road. They got away with few
cheap purchases in midsession Wed
neSday. but that was the extent Of their
good thing and they have paid for 1t
since
That there will he maintenance OF
high levels in the near future is the
general opinion. A moderate supply is
looked for early next week 1t Is busy
time on the farm and few feeders Will
be DESTROYS of cashing in any big num-
Der of steers. even tho the corn price
is exceptionally high. Corn has paid
for itself when fed to cattle this season
and paid big. There have been some
certain times of late when the dispo-
sition to cash immature stuff was
strong. but the market has shown
ability to handle all that came this
way without seriously affecting
strength of the trade.
II is a short beef deal for packers.
which is putting up the market
strength They have carried no surplus
stocks for a long time past and the
southwestern stuff, which is beginning
10 move now. affords them no very gen
erous quota of medium beef. Thus the
killers are forced to compete in lively
fashion with feeder buyers in ,rade for
light steers and this competition has
pretty nearly eliminated the beef steer.
whose first figure in cost is Sc.
A com paratively short supply OF beef
steers has sold of late below 81, and
the bulk of the 1000 to 100 III steers.
short fed. have gone a. Sis G7.65 and
up TO $3.50.
These kinds. the trade argues. are
higher now than in many years past
and there is not much likelihood of
their going lower right away-at least
not until the stuff off grass comes free
IL. Similar kinds were making s5.40G
515 year ago and cattle such as went
at s6.O0a6.25 at that time are now
landing at ss25m $50. while the tops
a year ago. comparing with $3.50 two
years ago.
A year ago. when the trade was we'll
supplied with good quality beef and
had been for many weeks previous. the
bulk of the run was landed at s5.40G
SIS. while two years ago spread OF
s700msO took biggest share Of the
crop.
Light receipts west proved a strong
stimulus to the demand here OF tate
and the continued small runs OF corn
cattle at the river markets ks plain In
dication that killers will get little re-
lief in this direction in coming weeks
The west. like Chicago territory. is
feeling the effect of last summers
drouth. when forced tquidatitn was
responsible for excessive shipping OF
thin stuff which went into the beef
hoppers months before it should have.
Six markets have had 111,000 cattle
this week. against $4,000 last week and
$4,000 a year ago. while the year to
date supply at the six points approx :
mating 2165.0O0. shows decrease OF
900 head from year go, but Dig
drop in average weights of cattle for
the year to date as against year ago
makes the shortage in beef pounds
much greater than the shr.1kage of
Is 900 head alone indicates.
Sheep.
Sheen and lambs were steady with
record prices made during the week
we'll held.
Colorado wooded lambs sold in the
Thursday market at $3.50: shorn.
range bred, farmer fed lambs at 1928;
yearIings at $3.50. and wooded native
ewes at $500 Market has been al
most steadily rising since Feb. l. and
this week lambs have sold $1.25 higher
than the closing basis last week.
Underlying this bull movement In
the trade is the indisputahle fact OF
an exceptionally good demand for the
product, which can only beslooked up
on as having established these high
values thru force Of packers urgent
| need for the marketings.
There is wonderfully strong stim1-
lus for increased lamb production, and
sheep men will be inclined to forget the
wool tariff agitation, since the price