Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-08-05
MARKET WEAK TO 10 CENTS
DOWN WHEN RECEIPTS Ex.
cEEp 10000.
FREELY MADE
THAT PRICES WILL GO HIGHER
Ten Dollar Steer Expected This Week
Hogs Higher, Averaging 10 Cents
Above saturday-Sheep Steady to
Lower-Review Of Market condi-
tions.

y u
opening day of the week exceeding 49,
900, packers thought they saw an OPP
portuEity to obtain price concessions,
and as a result the market was weak to
10 cents lower. Prime steers, however.
did not participate in the price reduc-
tons
! Everybody in the beef selling trade
needs that commodity now and there hs
small likelihood of the market being
oversuppied in the near future to an
extent which would effect sharp price
recessions in any class OF steers, and
the naturalization of s9.S5 corn-fed
and 'Stillers this week, under the most
urgent demand shown for these grades
thus far this season. clearly demon
! strates the strength in trade for these
classes.
Ten dollar steers are looked for this
week They may not come forth, but
that a $40 sale will be made in event
of a short crop of prime grades today
or Wednesday seems certain since a
Is cent rise for these classes is not
now deemed a hard matter to estab-
lish.
The weeks sales of steers above 50
have been more numerous than any
time previous this year and for forty
Two years past 'Stillers landing at
1886 eclipsed the $40 record Of 1867.
but natives at 1885 fell Is cents be-
low the top on the open market in
1870
Yearlings have sold at record Of
1925 and several droves Of yearlings
around SO included numerous he;fe.s
mixed with steers. Cattle just above
yearling age and averaging only lit
tie over LOO pounds sold up to $9.45,
a record for these weights as far as
the memory Of the oldest traders
reaches. altho the general run Of year
ling cattle did not possess good to
choice quality and the biggest share Of
yearlings went below $3.50 and down
to $3.50, with the grass-fed little cat
tie down around 81 and lower. Some
Of the poor light weight grassers sold
down to So and under but they were a
kind which did not class to suit the
feeder buyers.
Most useful killings steers averaging
1900 to 1900 pounds sold at $3.50
1885, and lot of medium and plain
1000 to 1850 pound grades. which
came of grass, went at $7.25 OSLO.
while bulk OF thick fed 1900 pound and
heavier kinds went at sS.90@9.50. with
fairly generous quota of big beeves
tup to s9.s069.75. Most 'stillers sold at
s9.3069.65.
The trade is looking for a fairly gen
erous crop Of steers at the start this
week, and some westerns are expected
from Dakota tho only a quite moder-
ate run will come off the range in the
next two weeks, according to best ad-
vices.
Hogs started the week on better
basis than the closing days Of last
week. and prices were generally 10
J cents above Saturdays average.
, Hog receipts at the Chicago stock
; yards last week totaled 122,60o, being
, the largest weeks run since the closing
week of June and stood 1850 larger
than the previous week. 5,40o greater
than the same week year ago. and
increased 29,7oO compared with the
} corresponding week two years ago.
while during the same week in 1909
only 1899 were received.
Average weight of hogs Is on the in
crease and the estimate for last week
was 241 pounds. the heaviest since last
September, and it was one pound heav-
Ter than the previous week and five
pounds heavier than the corresponding
week last year. but stood thirteen
pounds lighter than corresponding
week two years ago.
Top for the week was Ss.45. against
,, $3.50 the previous week for the best
hogs, and the peculiar thing about the
, tops for those two weeks was tina:
, they were made on Saturday. A year
, ago best made $3.50 and two years ago
; the top rested at 80. Average price
, last week was steady with the previous
week at 1855 and stood II cents higher
than the same week last year and was
10 cents lower than the corresponding
, week two years ago.
, Sheep.
, Sheep receipts were considered bur.
densome, and while best were steady
others were 500 cents lower.
Lamb prices are comparatively low
: and still the consumptive demand does
not seem to show any increase. Prob
ably the people are overlooking the
. fact that mutton values are relatively
. lower than those Of pork and beef Al
= any rate, the packers and other buy
. ers, too, for that matter, bought rath-
y er urgently Of the live article during
. the past week, and closing prices un.
y doubtedly were the highest Of thu
week Most traders called the lamf
y values 10@15 cents higher at the clos
" a week ago and the trade was finished
% up for the week with a "bloom" on 1t
y How long it will last remains to b.
seen. but only heavy receipts will caus'
. it to disappear as long as the local de-
% mand keeps up to its present volume
Ch;eaoo 4 voe&AeNe.
Chicago, Aug. 5.-Cattle-E Estimates
receipts for today, $4,000: marke
- opened weak to 10 cents lower.
l. Beeves $50. 5.750s.s
3, r.x,. staaru QnE7R q