Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-05-02
SCALPERS PAY SLIGHT ADVANCE
BUT REGULARS STAY OUT OF
MARKET.
ACTIVE SHIPPING DEMAND
HOLDS PRICE ACCESSION
Cattle Steady and Nominal, With
Light Run Mostly Butcher Stuff -
Choice Clipped Lambs Higher =
Sheep Offerings Lisht-Quotations in
market C7ntsrs.

Of the livestock trade will go down as
the poorest month from the producers
standpoint in many past. 1t was MOI
so much case of excessive supplies.
but rather contracted demands, the
latter demora1ized situation due in
large measure to the butchers insist
ence upon getting the same old h1gh
retail prices despite cuts in the whole
sale figures having reduced consUmp-
tive demand to an alarming degree.
Result has been the piling up OF
heavy surplus Of meats In coolers ana
the producer has suffered sharp de-
clineS in values Of his holdings. WITH
him it has been case of high first cost
and low selling price, but April was in
this respect only repetition OF prevl-
Gus months this year.
In supply figures April did not ru,,
up as a big month at market Cattle
receipts were 1S4,1s4. or $1,000 less
than March; hog SUPPLIES totaled 51S,
ISL, a dep Of 1S2,s00 from March. and
sheep arrivals for April were 29S, 1873.
falling off to 10000 compared with
March, April receipts of cattle, hogs
and sheep. in fact, were lighter in each
division Of the trade than in the three
months previous this year, but like
situation has been shown with regards
demand In the meat trade, and wtthal
April receipts proved burdensome even
tho they were moderately light, cattle
run especially being small for April,
the smallest, in fact, barring April. 1909,
since 1899.
Chicago, May 2.-Scalpers began OPP
erations in the hog market today by
paying cents higher than the previous
day The regulars did not get into the
market and there was an active ship
ping demand The close was steady at
the early advance.
Decline is inevitable on heavy re-
ceipts, for reason that the consumptive
demand for pork is not much better
than for beef 1t is a case OF retail
prices being held too high in both in
less than he would were he able to
make his dollar go longer way in
supplying meats for the table.
1t is a market where Sc is big price
for hogs now. This means largely
1925 market In producing sections, and
at the present cost OF production the
grower does not have a generous
profit within his grasp. Fifty-seven
thousand hogs at Chicago Monday
means that Chicago territory holds
more hogs than the trade has all along
believed. It means that a lot OF last
fall pigs, grown into fairly good-sized
hogs, are coming out of feed yards
whose owners evidently are not look
ing upon future prospects as likely to
materialize higher prices.
The situation is still a long way
from decentralization such as was re-
Gently witnessed In the cattle trade, but
with many growers the feeling seems
to be: Better ship now and take
small profit rather than grow more
pounds Of pork and maybe get
smaller net price few months ahead.
Combined receipts Of hogs at eleven
markets Monday totaled 124,5OO. or H.
700 more than week ago. 4S,1oo more
than year ago, and 25.500 more than
| corresponding Monday two years ago.
Chicago received 10000 more than
! week ago and $4,000 more than a year
ago, Kansas City had 1000 more than
year ago. Omaha had 1000 less than
week ago. st. Joseph had 1000 less
than a week ago. Cleveland had 1900
| more than a year ago. Buffalo had
| 1000 more than a week ago. Total for
| 1911 to date S14S,000, or 1,850,000 more
than the same time in 1910, but 625,-
! 900 less than corresponding period
| 1909.
| Cattle.
| Cattle were steady and nominal. The
run was mostly butcher stuff.
Moderate run Of $4,000 Monday was
all that saved the trade from further
price hammering. This about balanced
the demands, but had there been a
few thousand more cattle on hand
things doubtless would have been in
bad shape again. The demands from
shippers, while fairly liberal, were not
especially urgent, and exporters oper-
ated on a quite moderate scale. With
packers it was merely case Of getting
moderate supplies and the WELL filed
beef coolers in local quarters attested
the claims of killers that they are not
in need Of generous fresh supplies and
will not be until beef trade broadens
considerably Nothing in the situation
indicates this as probable in the near
future. Retail prices still hold up to
relatively still levels and consumers