Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-09-12
BUYERS DISCRIMINATE AGAINST
LIVE PoRkERs LACKING IN
WEIGHT.
TRADE IN PACKING GRADES
HAS A GOOD TONE
Buying Western Feeders-Shesp and
Lambs Quiet-Review of Market
Condition - Current Quotations at
Livestock Centers.


grades of hogs declined but packins
hogs had a good tone
Eleven markets the first four DAYS
! of this week received 5000 more than
a week ago and 10000 more than Il
years ago. Chicago alone had $3.50
more than year ago.
Packing hogs in the west for the
week. as compiled by the Price Cur
rent, was $4,000, compared with 440.-
600 the previous week and $50 last
year. From March l to date the totai
! is 13, 200, against 12,615,00O last
year.
The government report on hogs
makes the number of stock hogs in
| the United States on Sept. l about
the same as a year ago, with the con-
dition 91.S per cent of a ten year aver
age. The report was variously con-
strued. In some quarters it was re-
garded as bullish on corn, as it indi-
Gates consumption will be again heavy
this year. Some provision men ex-
hogs than year ago.
spread between choice light and heavy
packing hogs as illogically wide. but
the market is on a fresh meat basis.
and as long as eastern demand con-
tinues urgent. little stuff will COM
mand a premium. Choice light hogs
at $3.50 and heavy packers at $50 look
out Of line and as the season works
along readjustment will be inevitable.
Cattle
There was little change In cattle
trade.
Recession late Wednesday Of most
of the price appreciation shown for
good to choice steers earlier that ses-
sion and only a steady deal Thursday
compared with the Wednesday close
left general values for the good to
choice steers on a steady basis COM
pared with the close last week. the
greater portion Of these classes show
ing at least 10@15 cents decline from
levels noted ten days ago. Prime heav-
les anG the toppy yearling grades are
exceptions, however, recent sales OK
such grades having shown recovery OF
the decline last week, but so scarce are
the prime grades, steady deal for
them stands as no criterion OF the gen.
eral market.
For the rank and file Of common and
medium steers it is now market
mainly 10 cents lower than the close
last week, this decline having been put
in force last Monday. In fact, some
steers are down Is cents and general
break Of 25ai0 cents Is shown for such
classes compared with the initial days
trading last week.
Increased runs in the past two weeks
have been accountable for the decline.
Beef trade fails to broaden to volume
requiring the increased receipts. Al
Chicago it is a different situation than
west Here big portion OF the IN
creased supplies have been OF beety
class. Missouri and western Illinois
have unloaded lot of pretty GOOD
beeves, due to the shortage OF stock
water in many places. and also in
creasing cost of corn, while Kansas,
too sent a considerable crop of decent
to good killers this way in recent days,
tho bulk Of the Kansas stuff has COM
prised light thin cattle only of feeder
type.
Price spread is widening by force OF
the increase in receipts and an over
supply of medium and plain grade kill
ers which are getting stronger COM
petition from rangers. altho as yet the
quality of range beeves is not sui
ficiently good to make them serious
factor in condemning against natives.
but if the rangers come as good in the
next few weeks as some range reports
have indicated the trade can only ex-
pect a further spread in native values
as the season advances.
Sheep. ~