Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-05-30

Of the legal holiday.
Chiago, May 3O-Hogs were active
but weak, and closed 5 cents lower
than opening prices. Owing to the
holiday. demand was light. Some SELL
ers declared recessions Of 10 cents had
to be conceded.
Uncle Sam has gone on a pork diet.
His numerous family is eating hog
product in prodigious quantities. and
fairly frying itself in lard. After sew
eral months of continuous heavy supply
packers are purchasing hogs greedily,
and are apparentll unable 10 satisfy
their needs. Prediction is made that
during next ten years the percentage Of
hog product consumed by the popula-
ton of the United Sttaas in proportion
to beef will increase in surprising ratio.
The plebian pork shop is always popu-
lar and bacon cures are taking the
stuff out of the smoke house before It
has an opportunity to change color.
Selling hog product short is less pop
ular than recently. Demand is expand
ing, which probably accounts for
packers partially for hogs. Eastern
orders for hams have reached mid
summer proportions and the south IS
in the market for cured meats. Middle
men have had hint consequent on the
recent reaction in hog values. that bot
tom has been struck. Continuance Of
the tremendous European lard demand
Of the past three months at season
when buying on that account usually
falls off has also been a factor in
changing sentiment Eastern demand
for fresh meats continues broad ana
the whole country appears to be eat
N.Y. ~
raciously. Present prices are very at
tractive to the consumer and retailers
are more disposed to give their Gus
toners the benefit of current whole
sale cost than recently.
Cattle.
Cattle trade was sluggish. None OF
the big buyers appeared. Prices were
unchanged.
There were no indications of mater
tally better things ahead The demand
being we'll filled Monday can hardly be
expected to boom later this week unless
the country holds general on observ-
ance OF Decoration day and ships very
few cattle for Wednesday and Thurs
dayl. It will be a half holiday in the
local plants today and thus the killers
were rather thankful that yesterdays
run was not Of big volume which would
mean that some steers would have TO
be carried until Wednesday before be-
ing slaughtered.
A light run later this week would
prove a first class tonic for the trade
There is no urgent call for beef in any
quarter. The industrial situation as
we'll as retail prices is such as to
prove bar to big consum ption of beef
while weather, altho little cooler the
pas, few days. is still hot enough to be
q factor in holding down beef demand.
Sheep
In the live mutton market trade SUI
Tered from lack OF support and resulted
tn-siow weaker market. Best shorn
lambs offered at $500.
Western advices are that sheep
growers are facing another period Of
enforced liquidation. They can not
compete with the fax grower in Mon
tana, the grain and alfalfa producer in
Wyoming and the general farmer all
over the range country. EVerywhere
the sheep man is being crowded out. OF
course, sheep will be raised, but not IN
bands of 10000 to 100, 900 head, as at
present. After the cleanup next fall
there will have been effected big re-
duction in the bovine population of the
west.
But wool and mutton production VIII
revive under new conditions. There
will be another period of high. prices
after liquidation has been completed
and that always furnishes growers
with incentive to get busy. The bonan-
"a feeder has already been put out OF
business, and after the breeder on ma
Jestic scale has followed him, the far
mer Will have d chance ct the game.
The time TO begin breeding cattle is
here, and the opportune moment fol
getting into sheep is not far distant