Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-27
TOP OF $3.50 TODAY NEW HIGH
LEVEL SINCE 1910 AND AN AD-
VANCE OF COO THIS WEEK.
SHOW GAINS OF S AND 10
CENTS OVER FRIDAYS CLOSE
Steady Upward Trend Terminates at
Week End With $3.50 Hos-catt'e
Trade Closed Firm-Lambs Were
Firm at the Close and Sheep Ended
the Week Lower.

Chicago, July 27.-Hogs sol dup to
$3.50 today on a fresh 500 cents adj
vance. The top is 60 cents higher than
IA week 40. Hogs closed the week at
the highest level in two years.
Again the hog receipts at eleven
markets were light and the total Friday
at 49,S0O was 1O,4O0 smaller than last
Friday. $500 smaller than a year ago
and 1900 smaller than the CORE
spending day two years ago. Omaha
had 400 less than a week ago Sioux
City received 1000 less than a week
ago and half as many as a year ago. st.
Louis and indianapolis each showed
Slight increase over a week ago East
e7n markets were normally supplied
+, Total thus far this week is $4,000.
decrease Of $4,000 compared with the
same period last week, $4,000 compared
with the like time last year and even
$4,000 compared with the correspond
ing five days two years ago. Total for
1912 to date 15,244,000, or 10000
more than the same period 1911 and
4 100000 more than the corresponding
time 1910.
Spectators and shippers were most
urgent buyers from start to finish and
the packers did not seem to need Of
ferings at the advance. The !nd1ffer-
ence of local buyers caused dullness
to the market after the better grades
were picked up and some purchases
Of heavy mixed and "big weight pack
ing hogs late in the day looked no bet
ter than yesterday.
insert sheep
There We're no range offerings of any
description here and the natives We're
largely ewes, altho there VIZ quite
number Of small punches Of yearlings
on sale. While bucks were in one and
two head punches as a rule Wethers
were practically lacking. Quality was
about as usual and buyers did not ask
for very heavy sorts. Prices for native
offerings ruled about steady with a
week ago.
Cattle.
Cattle closed very firm.
Local cattle statesmen, with the as
sistance of farmers and feeders, scored
a big victory this week by bombarding
| a bear raid so successfully that good
steers advanced 2OG40c for the week
on a famine run, prices fully recover
| ing what was lost last week. when
packers buyers, by concerted action
rammed an awful hole in native beef
cattle values. On Wednesday prime
t 1554-lb Missouri-fed beeyes sold up to
1915. as high as any time since 1870,
! which is $40 over the top price paid
! at Chicago year ago this week. Good
| classes of steers Jumped 3Od40c, while
! the common and medium classes en-
! joyed a gain of 20G soc. Not only We're
| packers as bullish this week as they
We're bearish last. but shippers found
offerings so scant that they were un-
able to satisfactorily fill their orders.
Generally speaking, all that was TAX
en- off last week was recovered this
week. The medium grade Of steers
which sell at s7.50@S.75. are on rathe,
insecure footing, however. and We're not
in as much demand relatively as tbs
choicer grades. which reflected the en-
phatic end of the advance. AS the
movement of southwestern and north
ern grassers expands this kind may en-.
counter vicssitude. Broadening beef
demand. resulting from improving corr
conditions. may help the low priced
cattle. while the choice grades NEE
with such urgent request from al
sources that there appears little lilSeli.
hood that they will be dislodged from
their present high level with such fam
inc runs prevailing With immediat t.
prospects pointing to continued ligh
receipts, it would seem advisable 70,
ranch owners to send forward some O
their best beef soon as possible.
Sheep.
Lambs were firm and sheep weak