Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-02-10
AS A RESULT PRICES SHOW
LOWERING TENDENCY AT
WEEKS END.
CHOICE STEERS WANTED,
OTHERS SHOW WEAKNESS
Heavy Animals al High ?e:nt, With
Offerings SmaIi-Unesrtainty Char
acterized Markets for Sheep and
Lambs - Review Ct Conditions and
Current Prices.


by packers today caused a lowering Of
hog prices. Tile top was s6.311..
Receipts of hogs. at eleven markets
Friday made Il combined total Of $4,000,
more than the same day year agaand
900 more than the corresponding
Friday two years ago. Kansas Ciiy ST.
Joseph and Indianapolis were the mar
kets which mad fewer hogs than week
ago, while other points received more.
Chicago and st. Joseph were the only
markets having less hogs than year
ago. Total thus Ear this week $4,000.
or 12.QC0 less thar TIE same time last
week, 10000 more than the like per
iod o year ago and 10000 more than
the corresponding five days two years
ago. Total for 1912 10 date S,S5t,co0.
o. 1.15l,0 eco more than the same per-
iod 1911, ard i,297.0oo more than the
sponding time 1910.
Cate.
Choice steers were IN demand today.
Heavy animals were at 4 high point.
but others showed weaker tone.
II IS distinctly a supply ard demand
market as concerns everything but
heavy choice to prime steers. That kind
IS running in SUPPLY few notches be-
low demand hence the high prices. All
ether grades have been here in plenty
this week even tho the run was quite
moderate. It is a time when beef de-
n7ard needs only moderate supplies.
ard whenever feeders and shippers
make up their minds TO cut loose and
save high priced corn something is 60
ing to happen to the prices for tie
medium to pretty good steers as Well
as PLAIN and light warmed-up kinds
The trade firmly believes that kind
will so lower with a turn in the mar
keting situation which will bring big
supplies here OF in the west. Car short
age and railroads inability 10 move
them into some territories where they
were ordered has been the means OF
saving the market a lot OF price pound
ing in recent weeks, but it is the belief
in local circles that once weather
warns up a bit and more cars can be
had there will be few overgTown runs
at market which will afford buyers an
opportunity to punish values for all
bur the heavy very choice grades.
This expected big run may come
next Monday CT week from that day.
or ever later It depends largely upon
the weather conditions. and in no
small measure also upon the state OF
the iiou!dation fever which grips some
feeders who may be firing OF spending
hign-priced corn.
In the beef trade there IS no general
complaint of bad going, but the killers
are claiming that current supplies SUI
= ic
true of the shipper demand, while little
is doing or export account
Consumers still show partially TO
rorl. and mutton in many instances.
due to the relatively cheaper cost OF
these commodities as compared with
beef. ard the retail butchers. too, are
prskirg pork ard mutton sales. since
there is greater profit for them in these
lines than for beef.
The killer claims that hisher-costins.
b;g-wcight beeves are proving cheaper
in the beef than the medium priced
stuff. since the best kinds xii! out 4
much better percentage OF beef. but
this is the case in nearly every season
Of tire year. and altho just now. with
the shortage Of choice beeves plainly
evident. the premium paid Tor choice
stuff should encourage greater p-oduc-
tion Of those kinds.
Five days receipts this week stand
II .0C6, against is.s23 week ago and
42,533 a wear ago. while the six mar
kets' week 20 date total OF $4,000
stands against 122.oe0 week and
year ago. the only material increase
being at Chicago.
Sheep.
Uncertainty characte:izsd the mar
ket for sheep and lambs ~
Few in the trade are now looking
with much optimism at the market
prospects for the immediate and near
future. Plentiful stocks-of live lnuttons
that feeders are anxious to cash In are
known to be available, dressed mar
lets are still acting sluggish. and sup
| plies of sheep and lambs at eastern
markets are holding up better than ex-
pected. There is a chance that the
| bad market at n.idweek this week
severe weather and corn shortage. will
effect a moderate marketing here on
Monday and light run will be the
tonic needed to make an improved
/ trade logical expectation.