Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-03-25
HEAVY SORTS DECLINE
1oTo is CENTS IN SPOTS
Market For Cattle Receivers During
Week and Closes at UP to Last Sat-
urday's Averaee-Shesp Close Weak
on Strong Basis, Following Some
Price Reaction Earlier.

bids made for heavy sorts it appeared
certains that declines Of 1905 cents
would be scored, for where packers
gave any intiInation that they needed
hogs their bids were much lower than
tne prices they paid at the previous
sessions. The close was steady for
/ lights; other grades were cents lower
than yesterdays average.
Inc Week S run here is about II. 900
less than last week. while shippers
nave taken few Thousand more. II
Is, however, practically double the run
OF the corresponding week last year
when 11-cent hogs were common and
so So @ 1925 took the bulk Tho FIVE
principal western markets had around
5000. against IS, coo week ago and
200 on the corresponding day last
year. making a fve-day run at these
points OF approximately $4,000, against
$4,000 last week and POI. 900 a year
ago March receipts here to date are
$4,000 moro than a year ago.
Prediction has heretofore been
made that the spread between choice
light and heavy butcher hogs vii!
widen out as the season advances until
it is 81 pet cwt- Good progress is be-
ing made in that direction Consider
able widening out has been done this
week and the range today IL about 60
cents per cwt A year ago weight was
at the top commanding 81 or more.
while light sold under Sl0.s6. That
hogs should como wetghty il logical.
as. at the present price Of corn, the
process OF converting feed into pork
is very profitable and marketing light
hogs looks like discarding valuable
farm machinery. Shipping demand for
light stun 10 urgent and - expected TO
continue %.
cattis.
Cattle were steady. Tho market Tor
the better grade Of steers has picked UP
since the opening day Of the week. All
losses have been recovered and prices
now are hack to the close OF last week.
More bloom appears on cattle trade
at the weekend. but 1t was easily ex-
planned by supply paucity. Buyers
have had hard picking since Monday
and even then supply was not heavy.
Wedn esday they faced q short crop
and Thursday only 1900 head got In.
Friday fresh supply OF 1,5oo was bull
letined. but IL was mere handful OF
steers. and they were soon cleaned up
at the highest prices OF the week. and
practically on last weeks closing basis.
the depreciation Of Monday having been
wiped out since. The weeks run IL
about $4,000. against $1,000 last week.
1t Is a supply about equal to the corr
responding week of 1910. when prices
ruled 81 per cwt higher, and March
receipts are actually q little higher
than a year ago. In the west supply
has also been deficient, the five princa-
pal points having had about $4,000
IN five days this week, against $4,000
last week and 10000 a year ago. As
Missouri river points are doing big
stocker business. packers are getting
little beef there, which merely afford-
another illustration Of the dormant
condition of the dressed beef market
A local concern bid 1925 for piece
OF a load Of cattle that was snapped
up a second later at $40 by ship
per. They weighed 1850 pounds and
| would have brought around S6.15 on
the low spot Monday. A sale At $6.45
| was declared by the man who got
them to have been 80 cents higher than
| he paid for the same stuff Monday.
| Cheaper cattle at $3.50 in the 1925
pound class were the $685. kind on
Monday. While the advance has been
| scored all along the line. handy weight
! in combination with quality has Jared
| The best and steers worth $500 06.25
| Monday are on a 36.25@650 basis al
! the close. Cheaper grades show some
| what less advance. but II Is tho con1
census Of trade opinion that all. OF
! nearly all, Of everything taken OF
| H.
| The fact is not to be overlooked
that this recuperation Is not to be at
tributed in any sense to improved beef
market conditions. Light supply has
been the sole boosting influence and
Monday would have made the pickup
consumed. demand Is still lax and mar
ket experience early in the week dem
orlstrates that killers are able to &c.
along with very few steers. This is the
fifth week OF continued light receipts
but the market has persistently refused
to respond. The fact has been deter
mined this week that between $4,000
and $4,000 cattle can be taken caro- a
ditions. and a run OF that size ough,
1
| the case this week.
Sheep.
Sheep and lambs are closing the
week on strong basis. There has been
some price reaction and clipped sheer
have suffered slight declines from re.
cent high times. The best lot today
went at 500, and It - doubtful II the
same would have made any more at TIT
best time last week.
Sheep house trade steadfastly refuses
to act In 4 manner calculated 20 warn
the hearts Of sellers. In trade circle,
these days every little movement 1,
taken to have "a meaning all its own
and sellers spirits. lifted TO the seventh
heaven one minute, are down In tn
deep slough OF oespolasaoJ tss::s cert
Most OF this week sellers Wofo Of
the defensive, despite more n1odesak
lmarketings, here and elsewhere. Ever
little advance scored has had to b
fought for gamely. ana decllnes hAv,
had 60 b oon0oA0d VhnRO oRau0o "a