Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-04-04
PRICES FAIL TO RESPOND ON
LIGHT MONDAY RE-
cElPTS.
MARKET OFF CENTS
WHEN SESSION CLOSED
Steers Were Only Shade Higher,
With Top at ss.65-Sheep and Lambs
Drag and General Decline Of 25 Cents
is Resistered-Review of Market
Conditions.
Conditions.

Chicago, April 4.-The livestock mar
ket was extremely dull today, and even
light receipts failed to stimulate buy
ers. Steers Were only a shade higher,
while hogs closed ) cents lower. and
sheep and lambs dragged, the general
decline being 25 cents.
Top for hogs in the early market was
s10.95. Prime steers were marked at
$3.50, and holders asking 1925 for
prime lambs.
Cattle.
Conditions in the beef cattle market
last week were not favorable to the
selling side, and il has been neces-
sary TO make further concessions to
effect clearance Buyers continued
the bear campaign and showed a hos
tile front most every day of the week.
Eastern buyers modified their patron
age TO a large extent and that took
away most of the competition and per-
mitted the local traders to use their
hammers effectively. The slump in the
trade was without excuse so far as the
size of the receipts were concerned De
cause the offerings were lighter than
the previous week and by no means tx
cessive for this time of the year. Lack
of ready outlet for the beef on the At
lantic coast was given as the main
reason for pounding the market. Ship
pers say the warm unreasonable
weather for this time of the year has
initiated against the sale of beef pro-
ducts and much difficulty has been ex-
perienced in making a clearance. While
this may be accepted as a stock excuse
H., inc no ia
not as broad as it was and buyers were
very anxious to stop the upward flight
C the market. Until the tide turned
two weeks ago the market had ad
vanced since the first of the year about
50 per hundred on the bulk of the cat
tie. but now 40960 cents of this gain
has been lost The decline IN prices
last week was mostly 20@30 cents,
chiefly on. the common and medium
grades, which were the most numer-
Gus. Choice steers have not receded
as much as the lighter steers, tho they
arec lose to 40 cents lower than two
weeks ago.
Many good quality steers were re-
ceived last week, showing that the
country is not entirely bare of that
kind. Top brought 1915, but there were
not many above $40, tho a strong
PERCENTAGE of well-finished cattle sold
at s7.75Gs.25 A long line of medium
to good cattle brought s7@7.6o. with
the less attractive kinds at $S.4o@7,
and a few of the thin light steers at
1918 @625
Estimated average weight OF hogs at
Chicago last week. 219 pounds against
220 pounds previous week, when it was
heaviest since last November. Average
a year ago 20s pounds. two years ago
e12 pounds and three years ago last
week 229 pounds.
Chicagos average price of hogs last
week at s10.ss was highest in over
forty years, standing cents above pre-
vious week, 1891 higher than a year
ago, $50 above two years ago and
1881 above the eleven year-average of
the corresponding week from 1899 to
1909, inclusive.
Sheep.
Last weeks supply has been very
light everywhere, but killers have dem
onstrated that they can not use many
hogs at current prices. The weeks run
aere is around 10000. against $4,000
a year ago, and the first principal
western markets report only 100000
against $4,000 year ago. March re-
ceipts at these points were about L.
l25, 900, or 900 less than year ago
No big run is expected this week.
as the country is busy with spring
work and the necessary hogs are not
available. The mean manner in which
the market is acting suggests, how
ever, that only few will be needed,
f present prices are to be maintained.
Hogs in the west are very scarce
and we are bound to have small re-
ceipts for many weeks ahead" said NJ.
R. Murphy, superintendent Of the Cud-
any plant at Omaha, who was a. visitor
1t the yards Saturday in company with
r. E. Yocum, assistant superintendent
IF the Cudahy company. "Weighty hogs
have long been rarity in the west and
here has been little chance of markets
getting many for months. Breeding is
being increased considerably as re-
suit Of the incentive OF the record
prices Of the last few months. There
S still a fair number of brood sows,
and they will be kept on the farms.
The hog prices are too high for both
he packer and the consumer, burt they
nave been put up to the present levels
by force of the sharp decrease in mar
Setings and it is time now for greater
of hogs over the country"
Chicago Livestock.
Chicago, April .-Cattle-Estimated
.eceints for today u ono: onened strong
o 10 cents higher.
5eeves ................. $3.50 $50
Suckers and feeders A. o0m 675