Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-03-05


showed a break today. An average of
5 cents was recorded, while in spots
a 10 cent decline was noted. The top
was s6.5712.
This hog market is the highest in
months. The top price of $3.50 Monday
stood highest since Jan. last, and the
average price of hogs was highest
since Nov. II last
This relatively high average and top
/ price in face of big winter marketing
! plainly suggests a genuine packer need
for a generous quota of supplies.
:! The packers are facing strong ship
per competition in the market, and this
is the stimulus to higher prices.
/ The impression is gaining ground
! that storms and bad roads are not
! holding back any very excessive crops
| of hogs, but rather moderate sup
! ply.
! There was expectancy Of $4,000 to
&C 900 hogs for Mondays market and
The trade got only $4,000. This indi-
Gated that even tho the roads in some
sections are in bad shape, owners In
territory where the roads are passable
are still in no hurry to sell out in race
of strong price tendency in the mar
kets.
Hog trade is running into prospec-
tive spring supply, with probably
smaller volume than was expected
few weeks ago.
The heavy receipts Of the winter are
coming to a close and market situation
indicates a safe basis for the swine
raiser for some time ahead.
While there is prospect of q large
crop of pigs in Nebraska and Iowa THIS
spring, the situation in Illinois, MIS-
! souri,, Kansas and Oklahoma is not as
encouraging There has been prema-
ture marketing from the latter named
states. and it's effect upon the spring
supply situation can only be to shorten
the crop.
Combined receipts of hogs at eleven
markets Monday totaled 9S,1O0, or 2'soo
larger than the previous Monday. w.
400 larger than year ago and 2b,loo
larger than the corresponding day two
years ago Storms around st. Joseph
and Omaha caused those two markets
to have small receipts. However, ST
Paul, Indianapolis and Buffalo did not
receive as many as a week ago. either
but other markets were credited with
increases. Chicago showed the largest
increase compared with year ago.
All other western markets but ST.
Louis and Sioux City had fewer hogs
than a year ago Total for 1912 to
date s. 100000 or 100000 more than
the same period 1911 and 100000 more
than the corresponding time 1910.
Cattle.
The demand for steers was good. All
grades met with continued ready in
Iaury. One lot of choice steers brought
sS.25.
For big end of the fat 1880 to 1850
pound steers it as s7.4097.s5 mar
ket. and cattle to land at $500 ana
above generally had to weight 1,4oo
pounds or better, tho few lots OF
lighter weight which made up in quail
ity what they lacked in pounds. went
above $500. Some export buying was
done at s7356765, while the bulk OF
packer business in fair to good LOO to
/ 800 pound steers was at 1919 076o.
and not great amount Of beef steers
sold below $4,000, the killers claiming
they could get nothing really fit to XIII
much below $3.50. Still there were
numerous loose -hided light steers
which went down to $3.50, and some
tafling stuff around 1926 and lower.
| Just how long these high prices Will
remain in force is question over
which the trade Is pondering now
Surely a breaking UP OF conditions
which are barring free shipping from
western Iowa and parts OF Illinois
would result in considerable increase
in supplies. and killers are making no
attempts to hide their force when OPP
! ,,ortupltv presents itself.
| Sheep.
Sheep and lambs moved up Lambs
were strong to 10 cents higher, with
! top Of 1925, and sheep were 100 Is
| cents higher, prime Wethers making
| S625. ~
Movement of native eve stock to
market, which gained during January
and February heretofore unthought OF
proportions for a mid-winter season,
has subsidized materially. giving rise to
| the theory that liquidation has run its
course. altho weather conditions doubt
| less had some bearing on the sharp
curtailment of this supply during the
past week. Pioneer traders are unani-
nous in the opinion that never before
in trade history have so many larnby
native ewes shown up at market as
have been received this winter, con-
dition not only indicating the expan-
sion in recent years Of sheep breeding
in corn-belt territory, but evidencing
in no uncertain way the effect OF the
combination Of low live mutton mar
ket and high priced feed stuffs on
this industry. That winter liquidation
IF pregnant ewes by the thousands will
be reflected by comparatively short
crop of native lambs next spring Is a
foregone conclusion. s
| Chicago Livestock.
Chicago. March 5-CattIs-EstimAte
receipts for today, 4,500;sl market OPP
ened steady. II
Reeves 5.oo0ss5
lTexas steers ....... 4703s.00
Western steers ...... 6.10@7.1o
Stockers and feeders ...... 4.10@6.20
Cows and heifers ... 2.2J1S.70
Calves S.00bs.50
Hogs-Estimated receipts for today,
100000; market opened slow to cents
Light s.so~s:s7A
s;;;xsa s.aO6eb7h