Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-05-12
Quotations.

| Chicago, May 12.-Hogs ruled strong
| to the close today. Packers came into
the trade after scalpers had started the
market. Prices were fully 10 cents
higher and in spots Is cents above the
average yesterday. The top was s6.4t
cor prime lights.
Packers seem satisfied with present
prices and whenever they can buy
around cents do SO with avidity. A
local provision man expressed this
opinion: There is no doubt that had
packers desired hogs would now be X
cent a pound cheaper than they are
| but fear of curtailing the breeding
again has kept then from depressing
prices when chances offered. A good
portion of the product being manufac-
tured is going into cellars and altho
this may prove the argument for bear
raid in June, it will also make the
packer anxious for better prices next
fall. when the accumulated product
goes into consumption"
CONFINED receipts OF hogs at eleven
markets Thursday totaled 74,500. or 15,-
500 less than week ago. $500 more tina =
year ago and $500 more than CORE
Cattle.
Cattle were steady, there being fair
market for Friday. Some good steers
sold at $50 to s6-e5.
Shippers, have taken their full quota
OF the supply this week. buying 49, 700
cattle in four days, against 1922 a
week ago, while in the matter Of re
ceipts the figures stand 4s,3oo for the
week thus far. against 47,34s a week
ago and 3s.753 a year ago At the six
markets four days supply totals 120.-
600, against 100000 a week ago and 10s
coo a year ago. the increase In this
weeks marketings being practically all
a. the western points. and thus the
Chicago market. by reason OF some
freer demand consequent to little bet
ter situation in beef trade. Is able to
hold it's own in the way Of prices as
measured up with a week ago.
Ability Of the market to hold its own,
compared with a week ago, Is giving
the trade some little encouragement as
regards the immediate future situation
in beef circles. but there is still t.nmi-
nent danger Of the country cuttins
loose too freely ana spelling conditions
once more. That the worst Of the storm
has been yveathered IS the opinion pre-
vailing now, however, altho the gener-
Gus crop OF stiilers still IN the Stop
sheds. which must be moved within
the next few weeks is a supply source
which must be reckoned with Killers
are not keen for that class now. altho
they paid a little higher basis for some
Shoppers here today. taking them at
SIS ohGs05.
Nebraska also is known to still hold
a considerable crop OF winter FED beeves
and the stuff from South Dakota will
come with some freedom in the next
two weeks. In Illinois and Iowa and
Missouri however, the impression pre-
walls that long-fed steers are pretty
we'll shipped out. It appears thus a
question Of necessity that this stun be
marketed with some caution II the
prices for that class are to be held
from hitting lower levels than now in
force.
The decreased narketings both 10
cally and In the west. as we'll az at
eastern points have given much better
undertone to the trade, relieved to a
considerable extent the burdened con-
dition Of the dressed market and re-
suited in about the most satisfactory
trade thus far this year, from the SELL
srs' standpoint.