Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-03-30
EXTREME TOP OF S11.oo WAS FOR
COTTON PRICE BEFORE
CLOSE.
CATTLE IS TO 40 CENTS
UNDER LAST WEEKS CLOSE
Cattle Market-Sheep Shared Fate Of
Other Livestock, With Declines Of 10
to IS Cents-GeneraI Market Quota
tions.

I
1925 cents. The extreme top was
s11, but that was forgotten price
before the end of the session, s10.S5
being the ruling figure.
| Shippers are taking about one hog
| wherewhere they took four a year ago
and that prop under the market is
| weak one. Not many pigs are coming
and trade in that stuff is inconspicu-
Gus. The two-day supply at the five
! principal points is, approximately, but
! $4,000, against 10000 a year ago. Sup
ply at the five principal western mar
kets since Jan. is now, approximate
| ly, 100000 less than last year, and the
shortage is being increased every day.
! A provision specialist in discussing
the market said: 1.-The southern de-
mand for side meats is good and the
| larger distributors are picking up the
| offerings of the smaller ones as fast as
they are ready for the market. We can
see nothing in the situation to warrant
campaign of force in the interest of
lower prices; on the other hand, we
think the undertone is one of legitimate
strength"
Export trade continues lighter than
last year, but is on a generous scale
when light hog supply and scanty
stocks are taken into consideration.
Cattle.
Cattle were generally 100 Is cents
lower. or 25640 cents under the close
of last week.
Cattle trade is slumpy for the reason
that the killers have apparently tired
of paying continually higher rates in
face of a weakening beef market.
Complaint of poor beef demand in
the east as we'll as in local quarters
still is the chief argument against
present prices for steers, and packers
feel rather confident of being able to
put prices down still little more on
the late high figures.
Export competition in the trade has
been greatly reduced and with this fea-
ture of demand cutting little figure in
the market the trade must look to an
urgent packer and shipping call to
again stimulate prices. and until beef
consumption revives buyers say their
needs promise to be small.
Sheep
Declines of 10 cents on sheep and
15@25 cents on lambs were registered
TODAY Native lambs were quoted at
ss@1O and native wethers at $1,000
$50.
Feeders say they have been unable
to get stuff shorn. Shearing dates are
made far ahead and those who did not
avail themselves Of their opportunity
found themselves under the necessity
of marketing with the wool on. AS is
their custom, Colorado feeders have
been loading in punches and shearing
facilities at nearby yards have been
overtaxed. Loading has been SO gener-
al in Colorado lately that feed lots
there are reported to have already
reached the depletion stage.
Shorn lambs have suffered even
more than wool lambs on the break
this week The $3.50 kind Monday
was appraised at s9.40 yesterday, and
1925 was the common price for good
ones, the kind making s9.500s..65 last
week having to sell around 1925 now.
This break will probably check the
run and light receipts are expected
the rest of the week. 1t is useless to
crowd stuff onto a falling market, as
visible supply is none too large and
prices can be protected by equal dis
tribution. The feed bill is high, how
ever, prices remunerative and the
feeder has more incentive to sell than
hold.