Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-05-23
MARKET FINISHED STRONG WITH
10 CENT INCREASE AND TOP
OF ss.7s.
CHOICE STEERS WERE
ALSO ON UPPER DECK
Early Top $3.50, With Some Sale. Later
at se.75 and Even Hieher-Sheep and
Lambs Lower, Best Colorado Lambs
Going at $3.50 and Western Sheep at
Possible Top Of $3.50.

Chicago, May 2s.-Hogs finished
strong and much higher, with a few
spots showing a 10 cent increase. The
top was 1919. Packers were good
buyers.
No doubt appears to exist in the
mind of the average hog grower re-
garding the summer market. Serenely
confident thar corn can be converted
into pork at a profit he Is pursuing
that policy. consistently. Few light
hogs or pigs are showing UP at mar
ket and country buyers say they are
not 10 be bought. Making pork on
grass and corn is process OF accu-
mulating wealth not TO be ignored at
current prices of grain and hogs. That
a summer shortage of hogs is newt
able is evarybody's secret and growers
are willing 10 take chance on de-
cline in prices While they are putting
on weight. This may retard summer
marketing OF sows after they have
weaned their pigs and no thin grass
widows" are expected. "A 800 pound
SOW a 50 means ST and 400 pound
er al IS will realize $50. consequently
growers will take chance at putting
on the weight. especially where they
have corn" said an Iowa man. Mean
While light hogs are slated to COM
mand a premium because the weight
making disposition will insure scarcity
of the stuff shippers must have during
hot weather 20 take care Of eastern
fresh meat trade.
Swelling the rnarketward movement
of TO-
patton. prematrely, of the aecumula-
ton OF complaining time. Wet
whether has interrupted planting OPP
erations and the country has taken
advantage Of the opportunity to market
hogs. Last weeks supply in the west
was close up 10 that Of a year ago and
rain is largely responsible The alacrity
with which product is moving into con-
sumptive channels is indicated by the
avidity with which packers buy hogs.
This week, with dry weather and gen.
eral resumption Of corn planting, the
present liberal movement ought TO sub
side and prices react. The increased
supply last week has met good re-
cepution at packers hands and they
have had place to put every avail
able porker. Quality continues re-
nlarkably good and bacon makers are
experiencing trouble in getting the light
stuff they need.
Cattle.
Choice steers ruled steady 10 strong
While the early top was $3.50. there
were some sales at 1915 and even
higher.
Supply for last week totaled 46 600,
against 41.391 week ago and $500
year ago. while the six western points
received an aggregate of 1860 COM
pairing with ia 400 last week and 49,
900 a year ago.
Killers are being afforded liberal pur-
chases of grasses and n7eal-fed Texas
stuff at Kansas City and st. Louis
while the crop on the Fort Worth mar
/ ket is growing. This gives them lib
e-al supply of cheaper beef than can
be had from cattle out of northern feed
yards anG works as leverage in fore
ing depression in corn-beit offerings.
Copsumptive channels will get the ben
aft Of some cheaper beef cuts. and this
should work a satisfactory outlet for
/ the grass product
It has apparently been killers aim to
effect a wider breach in The price list
between we'll finished steers and light
warm ed-up and short fed stuff and as
I the grassy steers. already showing up
/ in fair volume. continue to increase the
! trade has come to the belief that there
will be some liberal further recessions
/ in prices for the kinds which have been
lowering around s7.o0G7.5o for a long
| time.
Killers have been getting compare
lively few cattle below $3.50 until last
week. when they grabbed off a fairly
1 liberal quota and also got some cheap
/ light stuff down to $500 and lower. but
where's really good quality was wanted,
regardless of weight. il cost them-s7. so
3 ass. and choice stuff sold freely at {.
better price than the previous week.
ranging at s7.s5ds.4o with a few lote
of prime trade up to ss.500ss.70. the
! latter price being within Is cents of top
4 this year.
( Sheep.
I Sheep and lambs We're lower. the best
4 prices auotabie being ss.sa for prime
! Colorado lambs. Sheep were hard to
4 sell. with possible top Of $3.50 for
westerns.
/ Chicago Livestock.
| Chicago. May 23.-Cattle-Estima ted