Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-05-31

| for steers was strong at the outset and
there were gains of 10 cents, but prices
did not hold. The late market was
; rather uneven. Butcher stuff had
good strong tone on the light supply
The fact that the market is largely
steady with the close last week, with
price changes where noted showing
some weakness in the heavy plain and
medium quality lots suggests only
fair outlet for the beef and it is we'll
that the trade Is not getting more cat
tie for reason that lower prices would
then be inevitable. This was con-
clusivcly demonstrated in the Monday
trade, when the demand only balanced
with quite moderate receipts then had.
Exporters being in position to get
more Canadian cattle than last week,
fell down on their Monday buying here.
only IS loads being tagged for that
trade Monday. altho pens today held
numerous cattle bought for export on
Monday which will be tagged today
Shippers. too are buying fewer cattle
than last week. a good indication OF
quiet beef demands. and it behooves
the country to ship stuff with eau
ton that market may not be over
loaded while the beef outlet is failing
to show growth. ~
The narrow price range. a feature
for weeks past. still shows no signs
OF widening. 1t is largely a s5e5 6625
market. but the stuff to make latter
price has to have all kinds Of high
quality. Only strictly prime grades. in
fact. make a better figure. while most
Of the choice 1900 to 1900 pound steers
are going at s6.10GS.20. along with
choice yearlngs. and $500 buys lot OF
stuff bordering on choice grade. Mar
ilet is on a s5.70d $50 basis for me-
dunn to strictly good yearlings and
100 to 1850 pound steers. as wen as
some heavier grades. but the difference
in quality between kinds bringing $50
and those $500 is strongly in favor OF
the $50 kinds, as regards cheapness
Of the beef.
Distillery feeders are evidently dis
heartened at the cattle market pros
pect and are cutting loose at prices
fully 50 per cwt lower than they got
a year ago. There was large proper
ton of slop-fed stuff in local receipts
yesterday and It is good beef. Feeders
have been holding back in expectation
of a higher market. which usually ma
terializes 'tween-hay-and grass period.
but feed has been so abundant this
year that 1t promises to be a gapless
season. Texas cake-fed cattle are also
beginning to move freely and packers
are anything but worried over prospec-
tive beef supply 1t is prolific year
and grass revived in timely fashion.
providing pasture at a critical moment.
Hogs.
Hogs opened weak and worked down
to 1O615 cents decline. The local run
was heavy and river markets loaded
with offerings.
Combined receipts Of hogs at eleven
markets Tuesday totaled $500. or
800 less than week ago, 2S,500 more
than corresponding Tuesday two years
ago Chicago received 5000 less than
week ago and 5000 more than year ago.
Kansas City had 5000 less than week
ago and 1000 more than year ago.
Omaha had $500 less than week ago
anG $500 more than year ago. St.
Louis had 1000 more than week ago
and 5000 more than year ago. st. Jo-
seph had 1000 less than week ago and
$500 more than year ago. Sioux City
had 300 less than week ago and $500
more than year ago. Total thus Tar this
week POS, 600. OF $4,000 less than same
time last week, $1,000 more than like
period last year and $4,000 more than
corresponding two days two years ago
Total for 1911 to date 1o,197,000. or q
1886 600 more than same period in 1910.
but 600 less than corresponding
time in 1909.
Sheep.
Sheep were weak and lambs 10@15
cents lower.
It is somewhat surprising that, fol-
lowing the biggest corn crop on rec
| ord and with pastures in excellent
condition in most all sections. so much
trashy, thin and habitat stuff is show
| ing up. some Of it, to use the express
sion of a trader, mot carrying meat
enough to make a howl Of soup"