Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-04-29
HOGS SELL HIGHER EARLY IN
SESSION BUT MARKET RE-
CEDES LATER.
PACKERS REFUSE TO ACCEPT
HIGHER OPENING FIGURES
Cattle Market Slow Though Steady
With Bulk of Sales at se.5o-Sheep
and Lambs Dragsy-Paekers Insist
Hogs Will Go to Cent LsveIs-Re-
view Of Conditions.

Chicago, April 2s.-The hog market
was easy today and packers were able
to force off the opening price gains.
Early top was 1866, but it was at
$3.50 market al the close.
Packers express confidence that the
common price is headed toward the s.
cent level They admit that supply is
running very light, but express con-
viction that another sharp break will
convince the country that marketable
hogs sold are well sold. They say the
advance from S9.15 to 1910 on top hogs
furnished incentive to lock the stuff up.
but that another break will change
country sentiment.
Some on the buying side look for
decided increase in supply next week,
but this is illogical, as all over the corn
belt planting will be in full swing next
week, and when hog owners are busy
with that task, they usually forget all
about the hog market
The consensus of opinions among
packers is that the existing shortage
same time last year is 80 TO 40 per cent,
which means light summer run. All
reports agree that the spring pig crop
is large and thrifty. Demand for brood
sows is unprecedented, few being avail
able, which indicates that the country
is getting back into hog raising as fast
as possible, the rehabilitation process
being retarded only by the scarcity Of
brood soWS.
Four-day supply this week is around
so 900, against $4,000 last week and 9S,-
600 a year ago. Other markets in the
west have been deficient in supply
to the same extent. Shipping demand
has not diminished as much as supply.
and packers have secured very few
hogs. Local purchasers in four days
this week are approximately but &c.
600, against $4,000 a year ago.
Heavy sows in odd lots are being
Disseminated against. These $500 400
pound widows" are thrown out Of
straight loads and sold in small lots
at 1915 @9.
Cattle were steady, tho slow. Veal
ers went at $3.50.
Failure of the general market to i'm
prove yesterday over the low Wednes-
day basis was not surprise. The trade
grew weaker from the start on We'd
nesday and closed in bad shape. while
mum erous of the buyers went beyond
their orders in aiding to clear the crop.
Thursday in consequence there were
rather short local demands and the
shipping orders, too, were we'll trim
med, especially calls from New York.
| Still buyers were willing to make a
clearance provided some concessions
were granted them here and there, and
the relatively good close to the market
| indicated that altho killers are carry
ing surplus stocks of beef on the hooks
just now, the raw material appeals to
| them at the lower rates current.
Supply in four days this week totals
| 52,4O0, against 56.793 a week ago and
1892 year ago, but beef stocks began
piliug up last week faster than they
could be liquidated from the coolers
and killers then gave out the tip that
any very liberal receipts this week
would meet a chilly reception, and this
has been true. The eastern demand
fails to grow, apparently having reach
ed the limit at present beef prices.
while locally, too. there is not material
growth. Killers thus are in a good po-
sition to dominate the market and have
had the situation well in control all
this week.
Sheep.
Sheep and lambs were draggy with
| top at $685. for prime Michigan fed
lambs. Sheep were dull and 1905
| cents lower.