Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-05-22
LOWER CATTLE LEV[LS|
ONLY SOME GOOD CLASSES OF
BULLS ESCAPED, WITHOUT
REcEssloNs THIS WEEK.
HOG PRICES ALSO SHOW
LOSSES FOR THE WEEK
Days Trade Lacked Activity, Tho
Packers Later Gave Some Support,
and Offerings Were Well Cleared at
the cIose-sheep Prices Close Lower
Than Week Ago.

Than Week Ago.
Chicago, May 22.-Cattle receipts
We're too light to make a market. Trade
for the week has tended to lower lev
els on nearly everything offered. only
some good classes of bulls escaping
without recessions.
Five days receipts this week total
46,4oo. against 44,753 week ago, and
1881 year ago, but in the ability
of buyers to effect price breaks only on
Wednesday there was pretty strong evil
dence of a continued good demand for
beef. Eastern shippers have patronized
the trade literally this week, taking 49,,
400 cattle, few hundred more than a
week ago, while the local killers, all
tho bearish, had need for a goodly sup
ply and bought accordingly.
Export outlet has continued light, but
the trade has not depended on this de-
strengthening factor.
Packers have been keen to get the
steer prices lower in the past two
weeks, claiming that beef consumption
is held in check because of the high
retail prices, but with the country in a
mood to continue moderate marketing
and the beef outlet still rather broad,
prosecuting opportunities have been
rare and the trade is not much in fear
OF further declines in the coming week
in event of another moderate supply
Corn planting is now being rushed
that the job may be finished ON time,
and with the feeders busy at home
there is hardly likelihood of much of a
rush to market cattle. The country,
it is believed, has also come to the
conclusion that price breaks between
now and the time when grass-fed stuff
Will come literally can only prove of
short duration and that the whole sit
uation is braced by an undercurrent
of strength in the consumptive de-
mand.
Hogs.
Trade lacked activity, and there was
poor support early today. Eastern buy
ers supplied their meager wants at
prices about 5 cents lower than yes
terdays best. Later, packers gave some
support, and at the close, offerings
were we'll cleared, at values on level
with Fridays average. Price changes
for the week amount to very little,
some sorts showing a loss of 5 cents
as compared with last Saturday.
In five days the five principal mar
kets have received about 100000 hogs.
against 273,000 last week and 2S5OOO a
year ago. Everybody with corn to
plant is busy at that work now and
country advices are to the effect that
Iowa, Illinois, and Nebraska corn plant
ing will be practically completed this
week, when a swelling movement NAV
be expected. Little time will elapse.
however, between planting and plow-
ing.
A year ago at this time Illinois farm
ers. as we'll as farmers in other states
tributary to the Chicago market. were
too busy to ship hogs, which accounted
for the small run here. Chicago prices
"a year ago We're 40 to so cents higher
than most of the Missouri river mar
kets.
A year ago next Monday there ar
rived at the Chicago stock yards 60
I56 hogs, but the next largest DAVIS
receipts that week totaled only 22.6S1,
Arrivals for the entire week were 1876
332, so that practically half the weeks
receipts arrived on the opening day
Receipts year ago next Monday were
among the largest on record and the
largest during the last eight months of
1908. 1t was Feb. 10, 1908, that S7,716
arrived at the Chicago stock yards, be-
ing the record here for one DAVIS ar
rivals.
Sheep.
| Meager offerings went at steady
prices. Prices for sheep close the week
about l0M - cents lower than a week
ago, while lambs are generally 10 to
20 cents lower.
4 A light supply is in sight for nexl
week and the selling side is apparently
getting ready to give prices another
boost
4 year ago is was bargain-counter
market. Colorado wool lambs sold ur
to 1913 on the close of the week
with other sales at $3.50 and $685., but
it was s6.25M6.60 market for the
bulk. Shorn lambs reached Sc, but
the bulk sold from s5.75 down. Sprine
lambs were scarce. Louisville was on
81 basis Yeariings were quotabit
from 1925 down. A few fat sheep sold
at $3.50, but $4.75@5.25 took the bulk
ewes going at s4.25@5.O0
Tive years ago Colorado wool lambs
were selling up to $3.50 and shorr
lambs to s7.S5. Western wethers mads
s6.40 and ewes 500, prices that looked
very high when constrasted with cur
rent quotations.. Spring lambs were
scarce and selling at s7.50@9.5O. The
bulk of shorn lambs was moving a,
at s7.25@765. Sheep were selling
at s6.00@625 and ewes at $500 @6.0O