Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-04-13
IMPROVED INQUIRY RESULTS IN
ADVANCE OF CENTS At
OPENING.
LIGHTS AND MEDIUMS GET
MAXIMUM OF INCREASE
Cattle Receipts Meager, With Steers
Generally Steady and Butcher Stock
Slow and Weak-Live Muttons 10
to IS Cents characterization ia
Livestock Centers.

SQlCaSO, April lS.-DeILldlid Aoi iio5S
was good at the opening and resulted
In cents advance, good light butchers
and medium weight mixed getting the
maximum of the advance.
A total of Sc 1000 hogs arrived at elev-
en- markets Wednesday, being 5000
more than a week ago. $4,000 more
than year ago and 5000 less than two
years ago. Omaha and ST. Louis showed
the most increase compared with a
week ago, and Kansas City and ST.
Louis most gain over year ago. The
first half Of this week eleven markets
received $4,000, or $4,000 more than a
week ago, $1,000 more than a year ago
land $1,000 more than two years ago.
Total for year to date 6,s14.000, or
L 1858 oGo more than a year ago and
7S6 900 less than two years ago.
Hog price decline has been almost a
steady feature in the trade during re-
cent weeks Market has been leveled
to a top basis of $685. for choice light
weights, while the mixed and heavy
packing classes are selling In Chicago
close to Sc. and the bottom point is
considerably lower These prices COM
pare with a spread of $3.50 @10.15 at
this time one year ago. Outlook has
been bearish all along. Eastern ship
pers fail to give the market support
sufficient to enable sellers to with
stand the bear tactics of packers. Lat
ter interests, being supplied with all the
hogs they need. and feeling assured of
liberal future receipts, are playing the
game to the extent Of their ability and
winning out at every turn.
It is s5.0O15.50 basis for hogs at
country loading stations now, but should
market hit much lower levels within
the next few weeks the packers need
hardly expect much greater effort at
hog production. Hogs at cents
pound in the country yield only de-
cent profit on basis Of present feed cost,
and the farmer no longer feels that he
must grow pigs merely for the fun of
the matter. especially when the pork
is handled at good profit by the
manufacturer.
Cattle.
Cattle receipts were meager. Steers
were generally steady and butcher
stock slow and weak.
LIVESTOCK REVIEW.
Cattle.
For the half week supply stands at
700, against 1925 a week ago and
f-,o4S d SScI dSOs dho III VIC" VI elAS
bad beef markets this week, it is un-
fortunate that receipts have run above
last week. Most damage was done on
Monday, however, and inability Of sell
ers to repair 1t today was simply a
case Of too much beef already pressing
on the market, a circumstance which
made it more or less of ticklish prop
osition to work off even bulk OF fresh
steers today without granting new
concessions to the buyers. Shippers
have taken only 1920 OF the run.
against 1880 last week, good evidence
of the weakening effect Of Jewish hol-
idavs on the eastern situation.
The very unsatisfactory deal Thurs
day makes forecast Of continued mean
and still lower trade early next week
seem a certainty unless the country
wisely cuts the supply next Monday to
a meager volume. Time must be al
lowed for working off present over
stocks Of beef before the least i'm
provement in prices can be expected,
and word to the wise in this regard
should be sufficient
Sheep.
Live muttons ruled 10 and 10 cents
lower Best wool lambs sold at 6.15.