Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-06-19

lions, and demand was not equal to the
supply. The market was 10 cents low
er al the opening and failed to recover.
Supplies are running considerably
heavier than week ago. but there is
logical reason for this. The republican
convention is an attraction to many
feeders, who have brought along a load
or two Of cattle, but the biggest induce
ment for shipping just now is the re-
markable prices which cattle are bring
ing. There appears countryward ten
dency to cash stuff RS fast as it is ready
since the high cost of corn makes it
improbable that holding cattle and
feeding generously will pay out the cost
unless there is steadily rising mar
ket. and this can hardly be expected to
naterialize for the rank and file Of
steers, because the limit seems about
reached in view Of the consumers re-
luctancy to go against continued high
er beef cost.
AS applies to the strictly choice to
prime grades. the shortage Of these and
aristocratic demand for them seems
capable OF holding up the prices. There
is just so much call for top quality
OF such grades runs no larger than
the demand. Naturalization Of the
$3.50 top was not surprise. The Blade
steers Of Monday, averaging 1905 lbs,
which made the price, were a kind that
doubtless would have brought it any
day last week. since they had quality
above the toppers of last week. as we'll
as carrying the weight which the buy
layc Np
this time. The strong showing Of $500
ae.25 steers Monday and a top Of S9.45
for 'stillers only emphasizes the urgent
general demand for beeves of finished
condition. and the trade is looking for
no material price dents in these.
However, any extended period Of
marketing in volume. such as noted in
the first two days this week, would
necessarily effect a widening Of the
price spread between the mediocre
quality. grades and those Of choice
class
Two days total receipts stand $4,000
against 1886 week ago and 2951s
year ago. while there have been ship
| ped a total Of 500. against 4.s31 a
| week ago and 10.702 a year ago. Six
markets had $4,000 cattle' Tuesday.
against 10000 a week ago and 27.7oo a
year ago. and at Kansas City and st.
Louis there was a total Of 5000 Texas
cattle. For the two days this week six
markets crop is $4,000. an Increase Of
$4,000 over week ago and $4,000 less
than year and two years ago.
/ Hogs.
| The upward trend in hog prices con-,
| tinued. the advance being 10 cents for
best sorts and steady for others.
| Two days this week Chicago has re-
ceived 60.375 hogs. as against 81. 531 the
first two days last week. $4,000 the
same time year ago and 39,o63 the
corresponding two days two years ago.
Combined receipts Of hogs at eleven
markets Tuesday totaled 1900, or
4,160 less than a week ago. 1880 less
than a year ago and only 1900 more
than the corresponding Tuesday two
years ago. Compared with a week ago
practically every market showed
marked decrease. the only exceptions
being st. Paul, which showed 100 in
crease and Cleveland, which had the
same number. Kansas City had 10000
less than a year ago. Omaha showed
1900 decrease. while st. Louis had a
shortage Of 100 compared with year
ago. The only other point with con-
spicuous decrease compared with the
corresponding Tuesday year ago was
Indianapolis, with 1000. Total two days
this week 10000. or $4,000 less than
the same period last. week, $4,000 less
than the like time year ago and &c.
900 more than the corresponding two
days two years ago. Total for 1912 TO
date 12,9O5.o00. or 100000 more thar
the same period 1911 and 3.s4s,oO0 more
than the corresponding time 1910.
Sheep.
Better conditions are apparent in the
sheep trade, and the market is recover
ing from its recent Generalization.
Prices today were steady to 10 cents
up.
Tuesday the six markets Dad 3o.4o0.
against 10000 a week ago and $1,000
the corresponding Tuesday year ago.
Total Tuesday this week. $4,000, or FL
600 less than the same period last
week and $4,000 less than the cores
ponding two days a year ago. Many
gave as reason FOR the improvement
in the situation since the close OF last
week the falling off In receipts at the
various markets and are looking for
ward to even more appreciation with
cautious marketing for the next little
while.