Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-05-06
MODERATE WEEKEND SUPPLY
CAUSES SLIGHT ADVANCE,
WITH STEADY CLOSE.
PACKERS NOT ACTIVE
IN DAYS TRANSACTIONS
Demand For Steers of Quality at Close
of Week is Good-Sheep and Lambs
Close Strong Compared to Last
Week-sheep Up so Cents and
Lambs IS Cents.

Chicago, May 5. - On a moderate
supply spectators bought hogs little
| higher, initial quotations being strong to
8 cents higher than yesterday. Pack
ers did not do much. The close was
steady
Combined receipts of hogs at eleven
markets Friday totaled 1880, or 2,Sco
less than week ago, 29500 more than
year ago and 1900 more than CORE
spending Friday two years ago. Chi
cago had 1000 less than week ago ana
1000 more than year ago kansa CIT
received $500 more th1n year ago
Omaha had 400 less than week ago
and $500 more than year ago. ST. Louis
had 1,500 more than weeI: ago and $500
more than year ago st. Joseph had
/ $500 more than year ago. Sioux CITY
had $500 less than week ago and 1900
more than year ago. Total thus far
this week $4,000, or 1000 less than
same time last week. 10000 more than
like rc".od last year and 41,00o more
than corresponding five days two years
ago Totay for 1911 to date 1900. or
1876, 900 more than same time in 1910
but $4,000 less than corresponding
period in 1909
Cattle.
Cattle were steady. Demand Of the
end Of the week for steers of good quail
ity has been better.
The weeks run here is about 4S.S00
against $4,000 last week and $4,000 a
year ago. Shippers have taken nearly
10000, against 10000 last week and H.
500 year ago. At the five principal
western markets practically the same
number of cattle have shown up as last
week approximately 100000.
While $3.50 was paid for prime bull
locks very little trade has been re-
corded above 1926 and a spread of
s5.6o@6.10 has taken the bulk. The
s5,5065.75 delegation has been con-
spicuous and favorable season
has given all catt'o good dressing quail
ity. Too many Of these lower-priced
cattle have been shot in by tired hold
may be discoura ging, it is generally
regarded In trade circles as poor pol
icy.
The industrial situation has i'm
proved in some respects, but is still bad
, in others. Averting threatened rail-
road tie-up at Chicago terminals is
cause for qualification, but the build
| ing trade is still in the throes Of a
| feud that is seriously affecting beef
consumption Early settlement OF these
| troubles does not seem to be on the
! cards.
| Slight Improvement this week does
! not warrant heavy run on Monday.
| The market horizon is full of cattle and
! painting rainbows Is not warranted.
Flushing cattle in will merely aggravate
/ the trouble. The season is here when
| livestock can be maintained at so much
less cost than in winter that owners
should hold until absolutely ready he .
/ for marketing.
! The slight improvement this week
| has not had the effect of elevatins
| quotations perceptibly. 1t still takes Il
very good load Of cattle to realize Sc
while load that brings 1915 is lack
ing in quality.
| Violent fluctuations in prices at mar
ket are nowhere as conspicuous as in
! the veal calf trade. This week within
! two days values were advanced 81 per
/ hundreoweight, and next week the mar
ket is just as apt to drop that much.
In fact the general predictions are to
the effect that at least the biggest part
of the advance scored this week will
! NC ioot. II - !Hefeiy u QuSSllOH " sup
ply in veaIer trade. The supply this
| week has fallen short several thousand
from expectancy and killers have ap-
i parently needed liberal receipts, in face
| Of their claims Of bad veal markets
| with result that the sellers perfornle ed
a price-elevating feat which a week
| ago was not thought possible.
1t is a time for uneasiness among the
! calf shippers. Should they contract
i for calf deliveries early next week on
the basis Of current high prices some
severe losses are likely to be met. This
week the shippers have made big
money but there is no certainty thai
their losses in the near future will moi
be large enough to Offset the gains.
Sheep.
Sheep and lambs closed strong, com.
pared with last week. Sheep were ur
so cents and lambs 25 cents up.
Improvement long past due and OF
the kind that sheep and lamb feeders
had almost despaired of ever mater
ializing has hit sheep house trade this
week. The market has pulled out Of
the bad rut It has been in for months
past, and the selling side has beer
encouraged to such an extent that i
believes there will be fair sailing
ahead for time If shippers can re-
strain to an extent the liquidatins
impulse. However, conditions in tn
dressed mutton trade are not ye
what they might be by any means
In fact, the dressed market is sale
not to have done a stunt that war
rants the advances scored in the STUFF
he to- 1oc