Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-04-13
FLUCTUATIONS PUSHED UP BE.
CAUSE SUPPLY Is INADEQUATE
FOR DEMAND.
CATTLE 10 TO IS CENTS
HIGHER FOR THE WEEK
Supplies Expected to Be Moderate Un-
til Crashed Steers Begin to Arrive
-sheep Close Steady ard Unchanged
-Review Of Market Conditions
Current Quotations.

Western markets all showed falling
off In receipts today as against las,
| Friday. Buffalo, however. had anothe:
! good gain. This market, and in fact al
the eastern points, have been holding
up well. a factor which tends to de
crease shipping orders in the Chicago
market. Receipts at Kansas City were
especially light at $500. while Chicago
with only 10000 fresh arrivals, was
5000 below week ago. The COM
bined run at all eleven points Friday
totaled 1920. a falling off of 1880
compared with last Friday. 1880 less
than the same day year ago, and a
decrease of 2.400 from the correspond
ing Friday two years ago. For the
week thus far the total is 3sS,00o. or
1900 more than the first five days last
week, $4,000 less than the same time
year ago and an increase of 1900
compared with the corresponding Pc
Rod 1910. Total at eleven markets
1912 to date reaches 100000, which is
l.406, 900 more than the same time last
year and an increase of 2.722 900 over
the corresponding period two years
ago.
Cattle.
steers 10G15 cents higher for the week
Quality is running lower and will
likely do so for some weeks ahead
Prime steers are a minus quantity.
None were here this week and the tops
at $50 were merely choice drove Of
weighty steers which lacked in finish
the smoothness necessary to make
them prime. A fair quota Of weighty
steers Of strictly good to choice grade
have been here, these landing at s7.s5
a $50 bur not many above 1885, while
some nice long yearlings averaging
around LOO pounds have gone at So.
AS indicative Of change in quality were
sales Of 1.350-pound steers at $500
$50 prices these weights have not
made before this season. In absence
of the choice heavier grades 1t has
been case Of buyers taking the choice
lighter weights at the same prices the
heavier kinds made only recently.
Stillers have come in fair supply, but
minus the choice grade Of top slop-
fed beevcs last week. which went at
1855, best stillers this week going at
$3.50
The growing scarcity Of choice
weighty steers has been forecast for
weeks, past, and continuance of this
fea ture OF the supplies is confidently
predicted.
There has been good general ship
ping demand for the same reason that
packers were good buyers, viz, short
general stock OF beef in coolers both
cas-: and locally, but the exporters are
giving the trade wide berth because
A. {~t 90 No c%a oil
tho British prices for American beeves
are highest in many months. Liverpool
top this week being 16 cents per pound
for dressed carcasses.
Yearling stuff is coming largely in
pla in and medium grade and a strictly
good load of yearling steers is indeed
a rarity. The high cost Of feed and
good prices for medium yearling stuff
appears the inducement for owners
cutting loose lot of these grades be-
fore the stuff is matured.
Killers have been at their old game
of competition in feeder cattle trade
this week about as hard as any week
recently, because their trade demands
a certain amount Of the cheaper beef
and there being comparatively small
both here and the west, it is
case of necessity with them that they
cut into the feeder crop, even tho it
only means shortage OF Hlatured steers
to come from the feed yards late this
year.
From now on to grass time there
promises to be generally short supplies
of steers. and the southwestern grass
fed crop will not move very early. juds-
ing from present indications. Neither
will there be any very big quota OF IT
when it begins coming into the mar
kets, since drouth last summer forced
thousands Of the light steers to market
immaturediy.
1t is a period in general trade when
the beef market is being tested for
its strength on high retail basis, and
should that demand be found waning
in the near future it is a. pretty good
guess that light steer supplies will fail
to effect material price boosts in the
market, altho. on the other hand, there
is small chance for any recession IN
values in any quarter OF FOR any class
of steers.
The receipts this week stand 1850
at Chicago. and for the six markets
total is $4,000, an increase Of 5000 over
a week ago and $4,000 less than year
ago. while the Chicago supply IL 500
larger than last week and $500 short
of a year ago. when there was all kinds
of quality to be had at much lower
prices than now, as witness the bulk OF
selling a year ago within range Of
s5.75@e.40 and tops at $3.50. against a
TOP this week S1.90 higher and bulk OF
sales at a range averaging largely $1.25
higher.
9hssp.
Sheep were steady and unchanged.
Weeks trade in live muttons 70
closing In anything but blaze OF
glory after showing on Monday and
Tuesday the highest price levels for
good to choice classes of the year or
since the early summer of 1910. Fall
ure of the dressed trade to do q stunt
in keeping with the market for stocn
on the hoof is given the sole credit
for the flattening out Of the latter
market since the opening hours Of
Wednesdays session chiceeoi supply
for the week has, as was anticipated
In this column last week. been reduced.
the weeks run totaling shout 1850
head, or a decrease OF 1880 from the
week previous and about the same -
q year ago. Omaha and Kansas City