Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-05-28
AFTER OPENING HIGHER OF
LIGHT RUN, PRICES REcEDE
AT CLOSE.
WEEKEND CATTLE TRADE
PRACTICALLY AT STANDSTlLL
Price Levels Have Shown Recession
During Week, With Widening Range
sheep Trade DemoraIized and
Market Hammered Numerically by
Packers-Some Grades of rs Cents.

Chicago, May 28.-On light run there
was early activity in the hog market,
and prices showed a gain Of to 10
cents There was reaction at the close
but it had little effect on the early price
average. Top was 1910, paid by seal
pers.
While receipts at Chicago for the
week thus far are only 1,4Oo smaller
than same period of last week, ship
ments show q decrease of about 5000
compared with a week ago, leaving the
net supply for packers $500 larger than
a week ago. Receipts thus far this
week increased about 10000 compared
with a year ago, while shipments the
past five days decreased $4,000 COM
pared with a year ago.
There was decided falling off in
hog receipts at all markets Friday
Combined arrivals at eleven points ag-
gregated only $4,000, or 1900 less than
a year ago. Chicago alone received
$500 less than a week ago and $4,000
less than year ago. Kansas City was
credited with only 5000, or 1000 less
than week ago and 1000 less than
year ago. Omaha received 5000, or 700
q
less than a year ago. st. Louis had
5000 less than week ago and $500
less than year ago.
Newt Monday will be a general holi-
day, tho not at the yards. 1t is pos
sible, however, that packers will use
the holiday features as a club to ham
mer the market and light receipts VIII
be in order.
Cattle.
Cattle were nominally steady, there
being no sales.
The revival of buying demand since
Wednesday has put nominal prices on
level 10@15 cents lower than week
ago, as against the decline Of largely
25 cents which was in force Wednesday
for practically all classes compared
with closing values last week. Some
steers which went around $500 FTiday
were quoted only about 10 cents under
a week ago, but the bulk of the stuff
down from s775 showed a Is cent cut.
Ability of the killers to get the big
gest share of the weeks receipts on
Monday and Wednesday at lower
prices again emphasized the good pol
icy of better distribution Of supplies
over the first four days Of the week.
Monday the good to choice steers were
strong sale and others went lower,
while in the Wednesday market. when
the receipts were above demands, the
sharpest one days decline in weeks
was forced. Had a part Of the We'd
nesday run been here Thursday the
BUYERS would have had less, opportun-
ity to hammer prices Wednesday and
the strength in values Thursday would
In1 70 ayf0 h a
satisfactory selling basis.
The fact that choice grades were on
Wednes lay hit equally as hard, as me-
dunn to pretty. good kinds well thdl-
Gated the attitude of killers toward all
classes where they are able to cut
prices, but for several weeks past the
price widening process has been work.
ed at both ends for the reason that
demand for cnoice kinds has been
little in excess Of supplies, while the
opposite has been true of medium and
plain classes. AS the grass-fed Texans
move more freely the trade is pointing
to probably still lower prices for me-
dunn and short-fed natives, which
come in direct competition with
fidence in the trade with respect to
CNOlCS DeeNtS ana III ASSoNS1S Va e
cent declines for such kinds Is soon
expected The trend for others win de-
pend entirely upon the size of receipts
and early next week particularly Will
this be the case. Next Monday-Decor-
alton Day-killing operations will be
suspended and 1t will require only a
light run to effect steady selling. The
trade is looking for less than 10000
cattle for Monday and the shorter the
run the more favorable will be market
conditions.
Sheep.
Sheep trade is almost dem oralized
and prices were hammered unn1erci
fully by packers, the week closing 40
to so cents under last week, and in
some instances as much as Is cents
down.