Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-05-26

! Chicago, May 26.-On much smaller
receipts hogs had a moderate boom to-
| day and prices sharply advanced 10
! TO 10 cents. Prime lights sold up to
| S6.l1 IL. Packers ami butcher hogs sold
/ around Sc.
! In pit circles considerable short COW
ering has been in progress lately,
bringing cost of hogs and product
! closer together than at any previous
time this season. Holders are not dis
posed to sell. regarding reports of i'm
proved cash trade as an optimistic sign.
Lard shipments, both on domestic and
export account, continue heavy and
much of that product is going into
! mediate consumption on both sides
! OF the Atlantic. Whatever strength the
provision situation shows, however, is
! limited to lard, as meats are accumu
| lating. Gregson said: Lard a few
| times every season gets to a place
where it is hard to buy or at times it
is hard to sell, and this is one of the
! times when it is as hard to buy, and
| at such times it is not unusual to have
! fluctuations equal to dollar a tterce
! IN one session. I do not know Of any
good reason why manufacturers should
sell September lard y q cent cheaper
| 10 Spectators than they can realize on
! it to their regular trade. Hogs are
around the seasons low point, but
distribution is hugging the seasons
high point, and pork product is the
cheapest and best food in the market"
Combined receipts of hogs at eleven
| markets Thursday totaled 22,7O0, or
2,1C0 less than a week ago. 400 more
HOY I |,
| corresponding Thursday two years ago.
Chicago received 1000 less than week
ago and 1900 less than a year ago.
Kansas City had 5000 more than a
year ago. Omaha had 1900 moro than
week ago and 1850 more than year
ago ST Louis had /, 900 more than year
ago ST. Joseph had 1900 more than
week ago and 1900 more than year ago.
| Total thus far this week AIS, 900. or 49,
! 900 more than same time last week.
| $4,000 more than like period last year
and $4,000 more than corresponding
four days two years ago. Total for 1911
to date $3.50, 500. or 2,249,0oo more than
same period 1910, but 4S5,ooO less than
| corresponding time 1909.
| Cattle.
| Cattle were steady and only a few
| were in the market, and they sold
without trouble. The return of hot
weather does not promise we'll for the
| trade in the coming week.
That the fr1uer market OF Thursday
will bring out any very big run. how
ever. was not believed, since lot Of
cattle doing well on pasture would
| likely fare better to stay there, and it
is believed that owners well appreciate
this. However, there is a generous
corn fed beef crop in sight all around,
especially in Illinois and Iowa. while
South Dakota and Nebraska have not
unloaded very freely Of big stocks and
| Monday and Wednesday runs for sew
eral weeks ahead will be expected to
contain a liberal percentage of steers
from these quarters. Thus the beef
| supply situation is not worrying the
killers and even tho they are getting
| the stuff we'll worth the money, there
appears no very good inducement for
them to encourage heavy lnarketings
now, since the outlet for beef is not
broad enough to permit much in
creased sales. and it will be better for
all interests if the country markets the
June supply conservatively and in
keeping with demand requirements.
The little firmer feeling in the trade
| by no means offsets the fact that this
| has been low week in the trade It
has been induced to considerable ex-
tent by a little increase in receipts
which has not been balanced by much
broader demand. tho it has been evil
dent each day that the killers had a
place for all the cattle coming. Re-
ceipts in four days have been $4,000. a
| 1900 increase over week ago and
1900 more than a year ago. altho the
outside demand has taken care of
practically al. the increase in supplies
az compared with week ago.
Thus it has been the shipper and ex-
port demand which proved the chief
stimulus to the trade but had there
been less call from exporters it is like
" current prices would be few de-
grees lower than a week ago rather
than showing pretty close to steady
basis, compared with the close last
week.
Discrimination against plain heavy
steers has been d fea ture Of the trade
all the week and these are now fully
10 cents lower than a week ago Ir
fact. they were pretty close to that
much off in the late session on Mon
day and on Wednesday it was a gen
orally 10 cent lower deal, with spots
worse as compared with last Thurs
day. tho a firmer feeling in the trade
tone today helped to boost these back
Ito a basis hardly more than 10 cents
under a week ago.
Sheep.
Sheep and lambs were irregular
sheep generally 1O6D15 cents lower, and
all save better grades Of lambs were of
about that much. No prime animals
were offered.
Chicago Livestock.
Chicago, May 26.-Cattle- Estimated
receipts for today, 1000: market open
ed strong.
Western steers ............ 4yso@5. 81
Stockers and feeders ...... 3.90@5.75
Cows and heifers ....... 24O@5.7s
Calves .. " 5,2O@7V
Hogs-Estimated receipts for today
son, Of Seattle, Wash, who il here Il