Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-05-20
ONLY ONE LOAD ON MARKET AND
THEY WENT OVER SCALES
AT 1886.
OFFER GRADES RANGED
FROM s7.25 TO So
Best Price For Hogs Early Was 1910,
With Indications Of Remaining at
That Figure-Lambs Should Drop Of
IS to 25-Sheep Weak But Not No.
ticeabiy Lower.

SHlSdSO, Ahdy gu uSIC NcS why
one load of choice steers on the mar
ket, and they went over the scales at
$685.. Other grades ranged from
Is725 to IS.
Many Texas cattle coming to the
outside markets is largely responsible
for the depression on this end Of the
market The cattle most affected are
those weighing 1000 and 1850 lbs, that
lack fat and finish. Most sellers pre-
dict that such steers are going lower
and will be harder to sell as the grassy
stuff gets more numerous.
All this week buyers have been eager
to get the good steers and they are
a little higher than week ago. While
the medium to good steers are in
steady notch. Common light cattle are
Is @25c lower and hard to sell, for buy
ers have little use for them at the
prices.
Yesterdays receipts included lib
eral proportion of distillery-fed cattle
and they met with an urgent demand.
their good quality making them par
ticularly attractive to buyers of high
priced cattle who could not get suf-
ficient number of corn-fed offerings to
fill their orders.
Hogs.
The best price for hogs in the early
market was 1910 and that was likely
to remain as the top figure. There
were rumors Of 1915, but they were
not confirmed
The trade appears to be on legiti-
mate supply and demand basis. as all
the smaller local killing concerns are
purchasing, which implies that the
product is being merchandised on a
profitable basis
Regarding provisions, schwabacker
says: THE provision market has
scored a good advance during the past
week. The light run Of hogs to. this
market has encouraged the bulls to
take hold and several Of the large floor
traders have been good buyers. The
outside refuses to trade. however and
the result is a nervous market that
is difficult to trade in and impossible
to prognasticate The packers have
used the market to hedge their cash
trades in and seem rather friendly as
it is TO their interests to maintain
prices. The cash trade in lard is poor.
selling everywhere outside this market
under the Chicago May price. The
cash meat trade is good, but loins are
not much above the rib price. The
weight of the hogs coming in Will go
a long way toward making up the
shortage in numbers, and we may see
some accumulation of lard in June.
Taking all in all. we feel that the mar
ket will have a good reaction from
present prices unless the hog receipts
continue very disa ppointing.
Sheep.
Lambs showed drop Of 10 to rs
cents from yesterdays best, Colorados
going at 1915 to $3.50. Sheep, while
weak and hard to sell. were not notice.
ably lower than yesterday.
Supply locally this week is 10000
more than arrived a year ago and the
five principal western markets show.
an increase of 10000 with eastern re-
ceiving points glutted. Feeders are al
animated by a desire to clean up. as
western grassers are lowering On the
market horizon and southern lambs
will soon be running freely, and not
few feeders admit that they have
committed the indiscretion OF over
STAYING a good market while others
responded to the incentive offered by
high prices to put stuff on feed late.
All of it was lost money, as the feed
bill was high and the selling market
s1m2 per cwt lower than they had
expected. Carrying stuff that was
ready has been a very expensive pro-
cess this year and the general DISPOSE
ton now is to let it come.