Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-08-10
PACKERS SHOW MORE THAN Us.
uAL INTEREST IN DAYS
MARKET.
OF AND 10
CENTS, WITH TOP At $40
Heavy Sorts Show Grsstsst Advances
Cattle Norinaliy Steady, While
Sheep and Lambs Are Stsady-Re.
view Of Market conditions-current
Quotations.

chicago, aug. 1V.-IdSheIS eAoN GU
more than the usual early interest in
the hog market today, with the result
that advances OF and 10 cents were
made. The top for choice hogs was
$40 Heavy sorts showed the mos:
advance
Total run here five days this week
footed 1880, decrease Of 1850 CON-
pared with the same period last week
and an increase Of 2.400 compared with
the corresponding five days year
ago. Shippers finally were credited
with taking 5000, but they were not
as active operators as were the pack
ers, most Of whom took their usual
proportion and quit the alleys earlier
than any previous day this week.
There were 5000 fewer hogs received
at eleven markets Friday than week
ago, or $1,000, and that number was
1000 larger than a year ago and also
4.00c larger than the corresponding
Friday two years ago. ST. Louis ana
st. Joseph were the only markets nav
ing more hogs than week ago ana a
year ago. Omaha. Buffalo and Pits
burg were credited with having less
each compared with a week ago ana
year ago. Total five days this Week.
s33, 900, or 1900 less than the same
period last week, $4,000 more than the
same time last year and 41,oOo more
than the corresponding FIVE days t"o
years ago. Total for 1912 to date. To-
oO7. 900. or $4,000 more than the same
period 1911 and 4,203,o00 more than the
corresponding time 1910.
Cattle.
Cattle, nominally steady.
Two weeks Of generous native re-
ceipts have been had. following several
weeks Of short supplies. but the dis
eliminating demand for choice to prime
steers remains as keen as ever and the
highest prices in over forty years have
been paid this week for all the choice
to prime steers. These grades are now
largely Csc higher than week ago and
the tops this week, at $10.25. standing
highest since 1867, when the same price
was paid, thus eqnaltng the highest
price on record for the open market,
were only a little better finished than
1.-THE 1885 toppers Of last week.
Practically everything above 80 has
gone strong and higher, but the closer
to SO cattle sold the less gain they made
over last week. and, in fact, the bulk
Of steers below 50 have gone at lower
rates. Most Of the good short fed med
ium to good light steers landing at
ss5O6ssO. in fact, have gone 10000
lower in recent days as compared with
week ago and the big end Of the crop
selling down from $3.50 to 81 has land
ed at csc decline from last week, with
instances Of 35c less
This drop for the grassers and plain
short-fed steers has been expected.
Ability Of sellers to hold such classes
from further decline was due mainly to
the killers desire to pile up some sur
plus beef stocks. The range steers had
much better demand than plain and
medium natives, since the rangers. al
tho they made higher prices than rang
ers ever brought before, were nearer
being worth the money from a killer
standpoint than did the plain and me-
dunn natives.
n has been the same situation In
yearling trade as for heavier cattle. The
best yearlings have had strong demand
! and sold higher while the medium
and plain classes, which have COM
prised the majority Of yearlings, sold at
lower rates.
| Next week fairly liberal crop Of
range steers is looked for. and the
trade is apprehensive Of further decline
for the medium and plain natives In
event that continued generous market
ines Of these are had. Two weeks Of
liberal supplies have afforded killers
opportunity to lay up a surplus Of beef
in coolers and thus they WI be better
fortified to begin bear campaign in
the trade for mediocre and common
steers next week. should another liber-
al run arrive than was The case this
week. and having a prospect Of getting
some fairly generous range cattle sup
plies. further price widening in the
native trade seems probable. 1t car
only be prevented by an unexpected
broadening Of the beef demand, and
this is hardly due, since beef cuts, par
ticularly the No. rs. have gone up n
recent days, and higher wholesale
prices can only mean little marking
up Of retail cost, over which the con
sumner will not enthuse.
The trade IL looking for 1000 to 7,0O(
rangers next Monday. and native crol
of about 10000. but this would not bt
a big run. Last Monday the suppl!
was 24,2S5, and a year ago next Mon
day there arrived 20,7ss cattle.
Sheep.
Sheep and lambs steady.
Range wethers are scarce About Il
per cent OF Fridays run was natives
and inasmuch az the big run Of natives
Thursday met with mild inquiry from
buyers it was no surprise that trading
presented such dismal and unrospon-
s;ve appearance. Western wethers' are
uuotabie t-c... 81 IL to 1865. with rangt
stuff at S41o@4eo. Native wethers sci
all the way from $40 to $3.50. AL
grades Of Gull wethers land from $500
to 1915. A fair clearance of yearlings
has been effected. closing quotation
for good to prime kind being $1,000
$50, while inferior to fair kind brinl
anywhere from 800 up 10 $3.50. Cul
ewes sell from $500 to SS.25. common
to prime western ewes SS.35@4.25
while as pread Of $5.40@4.25 absorb.
native eve offerings.
Chicago Livestock.
Chicago. Aug. l0.-Cattle- Estimated
receipts for today. 200; market opened
! steady. =.
Texas steers 1850 70t
|. Western steers ............ 6.0O0 3D.
tstockers and feeders 800 9 TO-