Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-08-27
MARKET CONTINUES STEADY At
HIGH PRICES OWING TO LIN.
TIED SUPPLIES.
CATTLE HOLD STEADY
At PRESENT LEVELS
One Lot Of Choice Steers Top Market
at $1o.50-Shssp and Lambs Gsnsr-
ally NEUTRALITY-SUSPICIOUS. Of Market
Conditions and Quotations at Live
stock Centers.

'HlcdSO, aug. ZI.-f1OSS were steady
on q limited supply. Top was 50.
Nine dollar hogs have materialized.
and only a few weeks ago, when the
best classes were selling below So, a
lot of raises thought it goo time to
cash in matured stock. The hog mar
ket has gone higher by force of gen.
erous demand and supplies which have
not run proportionately.
Foreign buying Of hog product has
had no small influence in effecting 4
higher market. English and German
demand for lard has increased.
Sickness among pigs has cut off
pork production to considerable ex-
tent and this will have its effect upoa
later markets this year. Meantime the
crop CT matured hogs is such as neces
states a b;:llish market. Hogs viii
hardly be expected to follow the speedy
price ascending pace shown in cattle
trade this summer. but that there wi
be a strong and high winter market is
evident
Initial inquiry was for good butchers
and light shipping hogs. and. as there
was but a relatively small supply o.
this kind. competition was pretty good
and statesmen frequently were able to
secure 15c higher prices, altho the gen.
eral run was amply satisfied with 10c
gain considering the fact that packers
the big fellows-had not as vet en-
tered the trade with any degree OF
vigor. Then, too. receipts embraced a
rather large showing Of packing stuY
and sows. This kind was not sought
early. and when killers finally decided
that they wanted them, paid little pet
ter than steady r-ices.
Cattle.
Cattle We're steady. One lot Of
choice steers sold at $10.50.
1t is evident, however, that the rec
ord range cattle prices current of late
have proved a strong magnet and that
owners In the northwest are combing
the ranges for all the good beef up
there in an endeavor to effect an early
cleanup. That this policy may be
lamented. however, is indicated by the
hard price breaks yesterday as COM
pared with top poin:s, good share Of
the plain and medium to good range
short time ago. altho a keen demand
still exists for choice range beef. two
droves Of Montanas going at $3.50, es-
ers.
Only small general supply Of she
stock was at hand, but the big run Of
range cate was an influence which
had it's effect in trade for cows and
heifers. Outside buyers wanted only a
small crop yesterday and the specula-
tive demand was also short some bad
losses Of last week still being held fresh
in the minds Of Spectators, who were
cautious dealers in the current session.
Under ordinary conditions there should
have been a sharply higher market. but
the beef trade is still reported in mean
shape. and until this situation mends
packer buyers likely will be able to
dominate the market.
Sheep.
Sheep and lambs were generally un-
changed.
Feeders met with excellent demand,
spread of S3.6004.35 absorbing feed
ing wethers, while yeaxling feeders
ranged from $3.50 to $3.50. Judging
from the inquiry for feeding sheep.
this grade of stuff is wanted, but the
proportionate scarcity Of this class
imparts a pessimistic tone to the feed
err situation. Plain to fed wethers
went from $3.50 to $3.50, range weth-
ers s3.SO@435, and culls, all grades.
! from 49, to $3.50. Good to prime year
lings brought from $3.50 to $3.50, poo:
to fair 81 to $3.50. Common to prime
range ewes sold from $3.15 to 1895.
with natives $3.10@3.s5. :