Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-04-09

Chicago, April 9.-Hogs showed a de-
cline for the week. A week ago toppy
| sorts sold at $1,000, and today the same
class sol da quarter lower. The top
today was s1o.65, paid for a load of 300
pound stuff
Light stays are not good sellers.
They are fetching big money on the
face of the return, but eighty pound
dockage makes a big hole in net pro-
ceeds and lot of these light stays
are showing up.
| w. P. Anderson says of the situation
| in hog products: eff there is any
poorly held product left hanging over
the market we may see lower prices
tenn porarily and the manufacturers
will do everything possible to force a
| lower level for hogs which will keep
bullish sentiment in check, but the
| supply and demand will eventually
have to be reckoned with and higher
prices for the late summer, I believe,
will DO the rule
Provision stocks in Chicago, as es-
timated by Schwabacher, are increas-
ing, new pork gaining over 5000 brls
since April l, lard $40 tics and short
ribs $4,000 pounds
Cattle.
There was. practically no cattle mar
ket today and prices generally were
unchanged
The shut-off in receipts indicates the
power of the shipper on this particular
occasion. The market needed a rest
because of the bad conditions in beef
trade both locally and east, but the re-
duction in supplies this week brought
the beef stocks very close to famine
proportions, and altho the killers SPAR
red for points with killers early in the
week, fighting hard against an up-turn,
| they were forced to cut loose and spend
their money more freely on Wednesday
and thereafter.
More than half the decline Of the
previous two weeks is restored to the
price basis. In fact, the choice heavy
steers, considering difference in quail
ity between those marketed at top
point and the best here this week are
right back at high point, and even the
| $7.50@S.00 steers are selling within
$50 25 cents of the seasons top, three
weeks ago. Medium to good grades
within a range of s6.75@7.50 have been
the kind which caught greatest appre-
citation since Wednesday, but they
showed very little advance on Monday,
when the good to choice grades were
most in favor. Now, however, bulk of
the medium stuff is current 35 cents
higher than a week ago, while the
higher-priced kinds show hardly more
than 2O@25 cents gain.
Poor eastern beef trade, notwfth-
standing the eastern shippers have
bought a larger proportion OF the re-
cepts this week than a week ago.
Shipments total $1,000, against 1860
last week. The outlet in the east is
still claimed to be in poor shape, altho
this bearish influence on the market
has worn off. for the, reason that the
supplies are cut to a point which off
sets the slump in consumption. II
would be a poor situation indeed if af-
last week, the market could not be
boosted several points higher this week
under such meager SUPPLIES.
The trade is looking forward to ar
increased run next week. Estimates
for next Monday ranged at 5000 tt
1880, against actual arrivals of TO-
1873 last Monday. Still, with the bette,
situation all around sellers are no.
fearful of much weaker prices being
forced. Killers bearish reports are no
carrying much weight just now. L
they have beef on track for which they
can not find outlet, that is a matter fol
them to worry over and not one which
is causing the feeders to feel that thi:
weeks bettered price basis isn't goinf
10 remain a while.
Sheep.
Prices on both sheep and lambs ad
vanced considerably since the OPENING
of the week, and quotations at tn
close ruled about steady with high tn
time of last week.
The manner in which a meage
weekend supply, mostly shorn lambs
has been gobbled up discredited thu
much asserted claim that killers ar
loaded to the guards with dressed NUT
ton, that outlet channels are congest
ed and the meat spelling on thei
hands. AS a matter Of fact whateve
accumulation may have existed lat
last week has been cleaned up, produc
is finding free outlet and dealers
shelves are bare. At the break early III
the week the stuff looked so cheap, II
relative sense, that everybody mad
a grab for some. Supply was shut VI
and reaction Of the logical kind oc
Cured.