Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-04-29
REGULARS FAIL TO GIVE SUP.
PORT AND SLOW DEMAND
FROM scALPERs.
BIDS TO 10 CENTS
UNDER PREVIOUS SESSION
Cattle NomnaIIy Unchanged But Week
Closes With Slightly Improved De-
mand for Steers-Week Shows Some
I'm provement In Sheep andd Lamb
Trade.

there being failure of support on the
part of regulars, slow demand from
scalpers and apparently little cause for
in the day. Bids were to 10 cents
lower than the best on the previous
session
The local run this week is $4,000
, more than last week, altho shipping
! orders show some increase. The APP
ril run here will be about 1S5. 900 more
than last year, while shippers have
increased their purchases only $4,000.
Indication are that May 1, provision
stocks will show a big increase, as it
has been going down" market all
/ month and middemen have not been
! in the mood to fill their shelves. The
gain in hog receipts during the first
| four months of the year at Chicago,
Kansas City, Omaha. ST. Louis and ST.
Joseph will be slightly in excess of l.
5000
A year ago the market was droopy
on a l,,-I supply. The top that week
was s9.7O. but the big end of the crop
sold at s9500 $50. Packers were ge.-
ting only a handful at that time, but
appeared able TO do with few, as high
Prices ldu SISdllS 1SuoSSN NSAiSoA-Ap
ton.
Cattle.
Cattle were nominally unchanged
The week closes with slightly improved
demand for steers Today's range Of
good to prime beeves was s5-75 to $3.50
Receipts this week stand $4,000,
against 41,439 a week ago and 54.54o a
year ago, and the fact that market is
closing a little higher than low time
early this week in face Of supplies
larger than a week ago is the only con-
selling fea ture of the whole situation.
That it augurs a better general outlet
lin the immediate future is not believed
in any quarter for reason that the local
as well as eastern coolers are holding a
lot of surplus beef, and until the con-
sumptive demand Droadens to a degree
which will permit much OF this stale
beef going ntO the retail channels ana
at the same time take care OF current
marketings, the trade is not holding out
hopes of material and permanent I'M
provements in the markets for steers OF
any class.
General opinion right now is to the
effect that If market holds in the next
two weeks its own under a supply
quota as large as received in the last
two weeks conditions will have been as
good as could be expected. That the
country is firing a little Of the long
drawn out bearish campaign at market
IS evidenced in the fact that supplies of
high quality steers are not coming as
| freely as a short time ago. This means
one of two things; either thee ountry
Is running shy Of that class or, hoping
for better conditions to soon prevail,
has determined not to ship them. II
the latter situation is true, no criticism
can be made of the holding policy, but
rather commentator is due the feeders
for their stand. With grass soon due to
be in good shape there is some outlet
for a lot of light habitat steers at
home. but the fact that supplies of that
class at market In recent weeks have
been heavy is significant of desire In
beef producing sections to keep the
| light steers anr let the stuff of pretty
good finish come to market. That 1t is
good policy. however. to conserve sup
plies of better kinds, while the beef
demand is in the throes of the worst
outlet for long time, can not be dis
puted. Conservation in the time Of
| Nretched con ditions is APP olicy which
must be adopted by the long headed
feeders who are looking ahead. and at
the same time giving due thoufht to
conditions which are passed, must feel
that generous supplies can not long
continue to feature the markets, since
| it is coming time for that interval OF
| natural short marketings between corn
and grass season. Feeders with good
stock of corn on hand and a lot Of
| well-bred steers which are not strictly
fat still have some opportunity of MAX
ing beef at a cost which will not re-
III fo1 n iorh 10 Lot
them out
Beef demand can not long remain
down in the rut. If the retailers were
to cut few cents here and there in the
prices they charge they would find the
volume Of business big enough and
profitable enough to make the cut
! worth while, since they are getting
the beef at wholesale relatively as
cheap as the killers are getting 1t on
the hoof.
Sheep.
Sheep and lambs were steady today.
| The week closed with show of some
Improvement compared with last week
With the great bulk of the shorn
lambs having sold under 1925 and
most shorn, sheep below the Accent
line. feeders of ovine stock have this
week faced conditions in the live
uiQSIOIl tIdUe IQdC nave no parallel IN
the market history of recent years.
| Pioneers in the trade assert with all
positiveness that never in market his
tory have the results Of sheep and
lamb feeding been as disastrous to
the financial standing of the feeders
as they have been this season. There
have been periods. of course. when
/ Individual feeders have Jared worse
than on the winter and spring mar
! kets of 1910 II, but such losses in
the aggregate have doubtless never
been equal1ed, as both the quality
fed has been greater that ever be-
fore and average losses enormous.
That the cost of the stock as feeders
plus the expense of fattening and
marketing has run into millions Of dol
lars more than the selling price of the
finished product Of the feed-Iot and
the present value of the wool where
stun has been shorn before its return
to the shambles. can not be doubted.
Yet feeders are not without some con-
ISOLATION. The feeding Of sheep on corn