Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-05-20
CATTLE CLOSE THE WEEK
is TO 25 CENTS LOWER
High Temperature Worked Against
Market-calves Show Strength -
Boom in Sheep and Lambs Continues
Until Markets CIose-Lambs Boosted
50 Cents.

few good butchers at s5.95 @6.G5.
Hog marketing movement suggests a
general desire among owners to cash
in. Chicago has had $4,000 in five
days this week, an increase of $4,000
over a week ago, while at the six lead
ing western markets week to date fig
urcs stand $4,000, against $1,000
week ago and $4,000 a year ago. At
eleven principal markets Of the coun-
try the receipts in five days this week
aggregate 456,000, an increase Of $4,000
over q week ago and 50, 900 more than
a year ago.
doubtless are having a material effect
on marketing. For corn planting time
the crop at markets is heavy. and it
becomes more Or less evident that
many growers must have quit planting
long enough to haul hogs to the station.
Optimism regarding future prices is
lacking in many quarters, and this IS
having no very good effect on the cur
rent values 1t is a period in which
the packers are well in command OF the
situation and their hold upon market
affairs can hardly roken, at least
until the country again checks the
floodtide toward market
MeanWbhile the country prices are
down close to $500 and right at that
figure in many sections. Whether the
growers will sell for less in event that
market goes still lower or turn their
holdings into pasture is the question
which is worrying the packers now. 1t
is possible to carry a bear campaign
too far for the good Of well-regulated
supplies. A quick shut-off in receipts
naturally would he expected to have a
strong tendency in effectins price re-
viva1.
Too much can not be said against
heavy loading of hogs at this season of
the year. Every time hogs are crowd
ing into a car they get overheated and
suffocate, resulting in some OF them
being dead upon arrival at market.
Now, such losses are unnecessary and
every year some shippers are finding
that out, but when will come the day
when everybody loads hogs lightly dur
ing hot weather?
Cattle.
Cattle closed steady, the market to-
day being nominal. Heavy cattle
closed for the week at 15@25 cents
lower than last week. The high tenn
peT2Lure WORKED against TIE -uldIhSt.
Calves showed strength.
Shipping situation has come true to
predictions. Heavy steers have contin-
ued to be liquidated freely from Ne
braska and South Dakota, where 1t was
known the crop Of that kind was large.
Kansas has also sent a liberal crop Of
1,4GO to 1900 pound and bigger cattle
this week, altho Illinois, Iowa and Mis-
souri,, having run pretty well out OF
that kind in recent weeks. contributed
only a moderate quota to this week
market.
Altho the SIS @6.25 big steers are
now only about 10 cents above low
point for the year. there Is still largely
1S6.25 cents appreciation for the year
lings over the seasons bottom level ant
the fat LOO to 1850 pound grades are
showing pretty near that much rise,
tho continuance of anything like lib
eral receipts in the next week is ex-
pected to wipe out most of this appre-
citation.
Week to date receipts stand at 81, 800,
against 1855 week ago and 1850 d
year ago, but in face of this increase OF
1000 in marketings shippers and ex-
porters have taken only about the
|
packers have had close to 5000 IN
crease. giving them a leverage on the
market for eevrything excepting year
lings.
At six markets the weeks run stands
$4,000. against $4,000 last week and
III .otsi, a wear, ago, and thus it is seen
tina, Chicago has had bulk of the in
creased run over a week ago. The west
tie IN pasture than are the Illinois and
tie in pacture than are the Illinois and
Iowa feeders. Long dry weather spell
x worry;ns, them and soma liQuida-
ton is due to this account right now,
and fear of a heavy movement Of in
mature cattle toward market in the
next few weeks is growing. 1t was
uointed out in this column early this
week that the drought in many sec
tons was assuming serious proper
tfons and that cattle would have to
come off grass If good rains were not
had soon. That situation still stands
and it is reaching somewhat alarm
ing stage, since the weather forecast is
mono TOO favorable. A good drenching
would work lot Of improvement III
trade conditions. There would be re-
turn of some optimism in market
circles, which is just now the sore need
all around It is extremely hard to find
any one who takes a cheerful view of
prospects, while the majority OF sellers,
as well as buyers, are OF the opinion
that liquidation will have to have its
full run unless the pastures, which
gave such excellent promise two weeks
ago. are wetted sufficiently to induce
feeders keeping the full quota of steers
in them.
Next week will need light run If
tn, market is to be held from further
price recessions. Whether the crop will
be light or heavy next Monday depends
entirely upon the shipping mood now,
Sheep.
The sheep market closed steady to
strong. During the week sheep and
lambs were on a boom. Lambs were
boosted so cents. reaching the seasons
highest level.
Prime shorn western wethers reached
$3.50 this week, while other choice kill
ers went mainly at $460G4.75 and fair
to good lots landed at $4.35@4.50. Me-
dunn kinda went atc14.1hA4-16- Ezal