Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-05-15
PRICES FOR STEERS FORCED 10
TO is CENTS LOWER ON
HEAVY MARKET.
COW STUFF NOT so
STRONGLY AFFECTED
Liberal Hog Offerings With a Fair De-
mand Early, But Indications Were
for Lower Prices Before Herds Were
Disposed Of Sheep and Lambs
Steady.

Chicago May 15.-Cattle were heavy.
Receipts made it almost certainty
that prices would be forced 10 to Is
cents lower before the close of the ses-
sion. This was expected in steer trade,
the COW stuff did not look much lower.
Last weeks receipts totaled 49,S00,
against 1854 last week and 1887 a
year ago. while of this crop the ship
pers took 204OO. against 1885 last
week and 1857 a year ago. Combine ed
run at six markets for the week stood
! 124,so0. comparing with 112,900 last
week and $4,000 year ago, while the
six markets supplies for the first two
weeks in May total $4,000 against
244.O00 in the same period Of April and
PSI, 800 for the first half of May, 1910.
Conservative movement of cattle, to-
gether with freer outlet for beef, have
been the factors In working prices into
a better condition. Export demand, too,
has been another influence. altho the
Canadian competition in this line still
held export buying to quite moderate
volume. 1t is simply case now Of con-
tinuel moderate marketing and some
probability of a little better demand for
beef if present price basis is to be
maintained. Naturalization Of both
situations can not help but life the
prices few points higher before the
advent of grass fattened fed stuff in
market circles.
Beef distributors have conveyed an
intimation to retailers that wholesale
prices are due to be marked up point
or So Retailers will have no cause for
lN-s = 49,.
had an abundance all winter at prices
that have enabled them to pocket some
good money, but, as usual. theysmay
be relied on to double the raise in
wholesale quotations. The intination
is encouraging as indicating belief in
slaughtering circles that the steer mar
it was recently travelling to stay. The
crop of die+illery cattle IS about to move
and it is customary 10 make an I'm
proved market cc';'ition for that. Few
Shoppers have come yet and dfstillery
operators have been holding back to
let corn-fed beef get out Of the way
No spectacular advances are forecast
ed, but the trade would not be surprised
at further price improvement
From all sections Of the country
comes complaint OF sluggish rise Of
grass owing to low temperatures. Last
year hot weather in March and April
started the grazing season prematurely.
This year heavy feeding Of livestock
was necessary all thru that period. ma
terially reducing stocks Of hay and
advancing the price. In some sections
hay has gone to SO per ton in conse-
auence and corn has also felt the up
lifting influence. West of the Missouri
grass is very backward ali the way
from Oklahoma to Texas and cattle
taken to northern pastures early have
suffered some hardship. In spots dry
weather has aggravated this condition.
but improvement is reported this week,
temperatures being higher all over the
country.
Hogs.
Hogs were offered literally but there
was a fair early demand and opening
prices were steady to strong. Prospects
| were that the initial strength would be
lost before the close.
Receipts Of hogs at Chicago stock
yards last week totaled 114,30O. or 3d.
500 les than previous week, 10000 more
than same week last year and 5000
more than corresponding week two
years ago. Grand average OF CORE
spending weeks Of last twelve years,
which ranged at 94,14S to 1878, was
144,056, or 29,SO0 more than last week.
Estimated average weight OF hogs at
Chicago last week was 239 pounds, or
| four pounds lighter than previous week
and lightest in over a month. It was
| only two pounds heavier than same
week last year, or closer to year ago
| than for many weeks, and stood TWEEN
ty-four pounds heaver than CORE
| spending week two years ago Grand
average of corresponding weekc Of last
twelve years, which ranged at 215 to
237 pounds, was 234 pounds, or Is
pounds lighter than last week.
Average price of hogs at Chicago last
| week figured $6.06, or II cents higher
than previous week, which was the
Only week in over. two years Joker than
$500, and 1852 lower than same week
| last year.. while it was $1.22 lower than
corresponding week two years ago.
of last twelve years, which ranged at
$3.50 figured 1914, or 8 cents
higher than last week.
! Combined receipts OF hogs at eleven
markets last week totaled $4,000, or
$4,000 less than previous week, $4,000
| more than same week last year and
| $4,000 more than corresponding week
two years ago. Grand average OF cor
! responding weeks of last eleven years,
| which ranged at $4,000 to 10000, was
455,OOO, or 1000 less than last week.
Total for 1911 to date S,959,O0o. or g.
! 07e 900 more than same time 1910, hut
| $4,000 less than like period 1908, and
2,510,00o less than corresponding time
1908. The four-year average was 81
314.O00, or 255, 900 more 'than this year.
Sharp curtailment Of supply has
been the boosting influence. Receipts
locally are 10000 less than previous
week and only 10000 IN excess Of a
year ago. The five western snarleets
have received only 100000, against
36s,000 the previous week.. Shipping
demand, on the other hand has been
| well maintained, that outlet having
taking around 10000. consequently
competitors. her subject being Hull
House"