Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-04-26
EXCESSIVE RECEIPTS OF CATTLE
AND HOGS GIVE BUYERS AN
INNING.
CATTLE is TO 20 CENTS
UNDER LAST WEEKS PRICES
Receipts of $4,000 Hogs Send Quota.
tions Down the Tobossan, Prices Be-
ing Generally 20 Cents Lower-of-
ferinss Well Taken on the Falling
Market-sheep Sell Upward.

Chicago, April 26.-Buyers took the
opportunity of excessive receipts of
cattle to han1er prices to lower levels
today. The late market was a decced-
ly weak one on all classes of stuff
Steers showed the greatest losses,
heavy finished beeves being quotable
Is to 25 cents under last week.
Forty-seven thousand fewer hogs ar
rived at eleven markets during the
past week than were recorded previous
week, yet the total was 1000 larger
than year ago and 100000 smaller
than two years ago, being $1,000 be-
low the average of the corresponding
week during the past nine years.
The hog price continues high not
because the killers would like it so, but
because there is a good outside de-
mand and the runs are only up to
the trade requirements.
Receipts totaled only S3,400, the
smallest weeks arrivals since the
week ending Sept ~, 1908, about 34,-
600 smaller than previous week, 1900
smaller than a year ago, $4,000 smaller
than two years ago and $4,000 below
the average total of the corresponding
week during the past ten years.
Estimated average weight of hogs at
Chicago for past week PIP lbs, or
heaviest of the year, against 211 lbs.
previous weke, 21e lbs year ago and
235 lbs two years ago.
Hogs.
Hogs We're lower from the very out
set, the over-supply being responsible
| RI
were 50,000 where sellers had not been
looking for more than $4,000, and pack
ers realizing the meaning of the ter
mendous surplus proceeded to bid
prices that were 20 cents below the
finish on Saturday. At the lower fig
ures offerings moved with fair de-
gree of activity.
Depression continues in wholesale
beef trade and altho the wholesale
prices are down considerably from
high point a few weeks ago the move
ment into consumptive channels does
not broaden. This has been the trou-
blesome feature of the cattle market
for a long time and until the situation
is relieved the sellers are not holding
out hopes for much better prices for
steers.
Receipts at Chicago for the week
We're 45,600, against 42,143 previous
week, 4o445 a year ago and 72,sA7 two
years ago. Muddy feed lots and the
high price of corn duobtless were re-
sponsible for the increased run as
against a week ago.
Sheep.
Late developments tended more to-
ward a higher market than the early
actions had indicated. Prices closed 10
dl5 cents higher and the best lambs
made ss.45.
Total sheep receipts for past week
were $4,000. an increase of 200 COM
pared with the previous week and de-
crease of LOO compared with CORE
spending week last year. Receipts in
the east were rather light and trade
there was in better condition than for
some time. but it is hard to tell wheth-
er it is lasting or not.
While best shorn western wethers
sold at $3.50, it took choice lots tc
bring s540 on the low spot Plain to
good kinds sold at s5.05@5.35. Ewes
landed at s4.75@5.10, extra good kinds
making $500. Most yearlings went al
s5.75@5.85, with some at s5.90@6.10
and Colorado Mexicans at 1925
Wooled western ewes reached $3.50 ant
rather decent kinds sold at s5@5.25
with scull to plain kinds at s3.25@4.40