Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-05-25
PRICES DURING WEEK
cULMlNArE IN TOP OF
s7.7s.
CATTLE ON BETTER
BASIS THAN PORkERS
Steady on Closing Day, With
Prices at High LsveIs-Shcep and
Lambs straightforward Quotations
at Livestock Centers-6cview u
Market Conditions.

Chicago. May 25.-Hogs closed weak
and cents lower. The top for prime
hogs We're 1915.
The first count placed Fridays run
at $4,000, altho later receipts boosted
to 1900. This made offerings quite
liberal for Friday. considering the H.
400 hold&ver. Five days this week
Chicago has received 130514 hogs.
only 92a less than the first five days
last week. q decrease OF 2.319 as com
pared with the same period year ago
and an increase OF 1855 over the cor
responding five days in 1910.
Receipts at other markets were nor
nal. reports from outside points show
ing about as strong as Last Friday,
300 more than the same day year
ago ard an increase of 10.so0 over the
cor'espo nding Friday two years ago.
Two days this week the total aggre-
gates 1000. which is 1000 less than
the first five days last week, a decrease
of $4,000 as compared with the same
time a sear ago ard $4,000 increase
over the corresponding five Gays In
1910. Total 1912 10 date at eleven mar
kets stands Il 095 900. an increase of
l.l94. 600 over the Same time last year
and 3.469.Cc2 more than the CORES
fonG.Es period two years ago.
Cattle.
Cattle were nominally steady.
High prices are educating the public
generally to eat less beef. and less
ened consumption in view OF current
supply shortage is the only salvation
from still higher rates.
Packers are looking to the Texas
grass and meal fed crop. which is al
ready being moved. and will come out
freely in June and July. 10 enable them
10 hold some little leverage over the
corn-fed native steer market. How
ever. the good to choice grades OF ma
tive corn feds will find a mighty good
market from now on, sellers say, Tor
reason that the crop will be light.
Market is closing the week on level
10G15 cents higher than week ago
for steers Of strictly good to choice
grades. both the yearlings and heavier
classes. This az ance applies mainly
to cattle of gra worth above $3.50,
while down to $500 and lower the val
ues are up minus early week apprecla-
ton. bulk of the $3.50 500 steers as
we'll as some ss.25 stuff in the past two
DAYS having gone 10I15 cents lower
than Monday and some sellers claimed
they have cashed the light grades
around s7.25@15O as much as 2012o
cents under lofty rates these kinds
made last Monday Figuring In Dig
fill however. the buyers contend that
ne stuff sold in the past few days has
been fully as high as Monday and as
sert killing sheets prove their claims.
The ton steers are landing at best
prices for this time Of the year since
1870. tho top at $40 this week, stood
10 cents under high spot for Christmas
beeves on the open market IN l5o9.
However. the trade confidently be-
1ieyes a new high mark will be hit for
choice heavy beeves soon. and there is
still on tap the $40 prediction for June,
.,Itho sellers are taking cogntzance OF
rho fact that a strong consumer vail
against high cost would have its effect
in temperins demand to an extent
which could hold down the lid on the
market.
A few steers showing traces OF grass
feed have hit the market in the past
few DAYS, being rushed off short feed
on nasture to catch the high spots IL
the trade. but there has as yet been
such scant crop they have not at
tracted much buyer disfavor. Later on.
however. when the gra ssers begin COM
ing freely there is a general impress
severe
price widening will be noted and sellers
are urging their country clients to op-
crate accordingly in the stuff which Is
now on grass. A few points difference
in the killing percentage Of steers now
makes the low dressers cost even more
money than the high-priced good
dressing steers. and packer buyers
never watched the dressing sheets
closer than at this time.
When Texas cuts loose lot OF the
grass fed stuff. altho little OF it is eS-
pected here first handed, many OF the
purchasers of Texans at other markets
will be expected to be forwarded here
for slaughter and these will have their
influence in putting down the grass
fed natives.
The top steers at $40 this week
stood against s640 year ago. when
a scant quota Of steers sold above
1925. and there was . big proportion
of thick, fat builocks at 15.soMb.lo D.
while bulk of general business was
the. at s5.60G6.25 against spread OF
s7.5om $50 for big end Of this week
crop.
Sheep.
Sheep and lamb were steady.