Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-02-08
LIVE HOGS GAIN
IS CENTS N Week
MARKET ON BASIS HIGHEST
SINCE BREAK OF LAST NO.
vEMsER.
BEST TOP At $S.15,
BULK At $7.s5 TO $s.o5
Numerous Sales Made at $40 and
Ss.12k-cattIe Finish Week Dull,
Live Mut.ons Firm-Review of Mar.
ket conditions-current Quotations
Of the Day.

! trade was the highest since the break
last November. 1t was a 10 cents high
er market, or 45 cents above the clos
( were made at SS10@S.12}a. Top was
/! sS.l5 Bulk sold a. S,.so to $500.
! The run has played a big factor IN
/ the strength OF this weeks market,
! which is 20 80 cents higher than last
Saturdays finish. Five days this week
Chicago has received 1870 hogs,
! against 176,4l2 the first five days last
f; week, 16S,945 the same time year ago
and 1883 the corresponding five days
| two years ago.
| Combined hog receipts at eleven
markets totaled l2,100 Friday, or 2o.o0V
| less than last Friday, 10000 less than
| year ago and SEQ less than two years
! ago. Total five days this week footed
| $4,000 or $4,000 less than the same
period last week. $1,000 less than the
| like time last week and lS,o0o more
than the corresponding five days two
years ago. Offerings aggregated 3,l44,-
! 900 for 1918 to date, or $4,000 less
f; than the same period of 1912, and 1884,
| 600 more than the corresponding time
| in 1911.
Cattle.
| Cattle closed dull
| Tops dropping to $500. against 1920
last week. showed the tendency of the
market for choice grades. In recent
wears, when corn has been fed freely
! and hnlk Of steer supplies at market
have killed out advantageously TO the
buyers, they have favored medium and
| lower priced grades, as against the
| higher costing kinds. Nobody on the
| buying side is heard to complain these
| days that the cheaper-costing stuff on
the hoof is highest in the beef This
was a killer complaint some months
ago. but the result of heavy winter
feeding Of cheaper corn has reversed
conditions. and, doubtless. while the
winter supplies hold out there will con-
tinue a narrow spread in values for
medium and choice steers.
/ A year ago now conditions were oif-
ferent. Cattle Of low and middle cost
were poor dressers. They had been fed
little corn. but this season they have
had all they would eat. The result Is
a higher dressing percentage. ana
hence the growing popularity Tor
mediocrity against high quality.
Run this week has continued moder-
ate. but with the Lenten season now on
there is decreased demand for beef IN
/ all quarters and killers and eastern
shippers seem conten, 10 do small bus
mess on narrow margin rather than
pile ND surplus beef stocks in their
! coolers.
| Five days Chicago run is $4,000.
against 41,77l a week ago and 50,o37 a
year ago. while Of this crop 1920 have
been shipped, against 1898 a week
| ago. In the west the run for the week
| to date is little larger than last week.
total crop at six points for the i've
day period being $4,000, against 1884,
| 600 a week and $4,000 a year ago.
Lower retail cost Of beef to balance
the decline in steer values as well as
wholesale selling prices OF beef, COM
pared with high point two months ago.
doubtless would effect some revival OF
better outlet. but until the consumer
has opportunity to buy beef cheaper
! there is small likelihood of killer or
shipper demand growing to an extent
which will permit Of freer selling ac-
ton at permanently higher rates.
| The trade is looking for 10000 to g.
! 900 cattle at the start next week, most
guesses being around $4,000, and this
would be a crop likely to I'LL all the
needs Of buyers. Last Monday the run
was 1e.203 and year ago next Mon
day 26,144 arrived. Top out OF that run
was $3.50 and bulk of steers sold With
| in a range Of $500 7.65, which COM
pares with a spread of s7.359s.25 this
week.
| Sheep.
Live muttons were firm.
| Packers have made strenuous efforts
to hold the lid on live mutton
values this week, but cold weather
| which has been favorable for an inn
proved nsumptive demand and fail
shining demand, continued moderate
| receipts and last weeks light slaugh-
| ter were com bined Strengthening fac
tors and the market has gradually ad-
yanced, lambs selling today largely or
i a 25@3o cent higher basis than la:c
last week and 50a SO cents higher thar
last weeks low time, while sheep have
gained 25@40 cents over last weeks
closing. or 50@65 cents over the 10"
| point early last week. Sheep are still
| low. relative to lambs, and the spread
in prices between the two classes
promises to narrow considerably.
| Receipts for the week show a mod.
crate increase over last week, wher
receipts were held down to the small
est volume for any week since las'
May. but the supply has been but {
fair one and considerably short OF
year ago The six market total aggrs'
gates about $4,000 thus far this week
against $4,000 like period last weel
and 100000 year ago.
Chicago Livestock.
Chicago, Feb. s.-Cattle-Estimatet
receipts for today, 400; market steady.
Reeves . e.50@8.9
Texas steers ... 4so@5.7
Western steers ........ ss0@7.3
Stockers and feedery...... 47s@75
Cows and heifers .....-..s SOO07.5
calves 65o91 100
Hogs-Estimated receipts for today
1900; market strong.
Light y7s59s15
Mixed ....... 7.750s10
HEAVY ........ 765@e071