Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-03-17
BULK OF OFFERINGS TAKEN At
VALUES FULLY As GOOD As
THOSE OF YESTERDAY.
CATTLE TRADE STEADY;
INCLINED TO SLOWNESS
All Grades Of Steers and Cows Show
Decline For tho Wsek-Live Nut.
ton Trade Continues Steady With
Yesterdays Top For Wool and Clip
ped Lambs Maintained.

Chicago, March 17.-Hogs We're more
active after the first hour and packers
came il late proving good supporters
ard taking the bulk of offerings at
values fully as good as those of the fin-
.sh yesterday, tho about 5 to 10 cents
lower than the best price of that ses-
sion. The bulk of hogs Went at $500
2 SIS, with light butchers at 500 q
..05. and lights at s7.l5, with a part
sad al 1920.
I. will be noticed that supply has
shown a vast increase this week being
close up 20 the volume OF the same
period OF 1909 when the movement was
normal. Local receipts are 1900 heav
lar than last week and nearly $4,000 in
excess OF the same period of 1910. while
me i've principal western markets have
received in four days about $4,000,
gainst $4,000 last week and 21s.o00
year ago. Current supply is carrying
50 much more weight than a year ago
that supply figures do not convey an
adequate idea of the produc, packers
are getting.
Expo ot lard from the United
States during February. as officially
were 100000 lbs, in ex-
cess of last year. while for the eight
months ending Feb. % there was an
increase of over 100000 lbs. Exports
Of hams were 100000 lbs more than
n February last year. while pork and
bacon show small decrease. Exports
Of hams and bacon for the eight
months period were materially under
those OF last season.
The weeks shipments OF lard are
1898, 600 pounds, against $4,000 year
ago. which explains demand TOR lard,
while shipments Of meats for the week
are only 9,s56,0o0 pounds, against TO-
2i2. 1000 year ago. The output OF lard
is enormous and demand, both foreign
and domestic, appears 20 be on I he
increase rather than waning.
Stocks OF meats locally we're estt-
mated a. 4,75o barrels OF pork. 1850
,ierces Of lard and 100000 pounds OF
ibis, against 4,445 barrels Of pork. Is.
PA tierce. Of lard ana 5,s77 900 pounds
Of ribs, officially. on March /. indi-
eating only slight accumulation since.
Cattle.
Cattle trade was OF the usual Friday
sort, steady but inclined TO be slow. All
steers and COWS showed q decline for
the week.
Partial decentralization OF the steer
market can well be laid TO the con-
zesred situation in the beef trade.
where killers moderate stocks have
sound hard demand for weeks past. and
since the opening Of the ienten season
partial abstinence from meat diet by
Ienten observers mas seriously Affected
the whole deal. Packers have been
running their plants on short buying
Tor weeks past, and ai.ho shippers
bought freely previous TO this week.
The demand from sea board ia In bad
shape now, and promises to continue 80
al least until the end Of lent
Beef steer prices are pounding hard
against the low basis of the season, and
J. big lot OF 1915 q s.15 selling Of me-
dunn to good 100 10 1350-pound steers
IL recent days has brought the con-
S,gnors less than cost to produce that
class. II took a strictly choice grade
OF 400 to 1500-pound steers to land at
ss.35g $50 in the Wednesday trade
such being kinds eligible to % cents
higher rates IN the initial selling this
week while the scarcity of prime
grades selling up 80 $3.50 $50 cut that
class off as TO criterion. Market II
showing a basis where the tops now
are bringing a price which a year ago
vas current for the warned-up and
short-fed winds, while at that time
Prime beeves were worth $s.25 70 $40
q s.s5.
Wholesale beef prices are down well
n proportion as compared with q year
ago. No. ribs. now bringing IL cents
4 pound, against II cents q year ago.
while best IONS are wholesaling at
An cents, against 1917 cents at this
line la, year. Rounds are y cent low
r than a year ago and chuciss and
Plates cents and ! cent lower, re-
spectively. but still the stuff can moi
oe moved expedittousiy.
Lenten influence in the market must
oe credited with greater force than
y,ear ago. Carrying beef in coolers Is
Improbable to the killers and their
inability to work supplies into con-
sumptive channels in volume proper
;ionate with current narketings effects
J. very mean situation for feeders to
lace.
Holding the crop down to moderate
proportions in recent weeks has pro-
vented big price drops, but II now be-
gins 70 appear that greater effort to
balance the discriminating demands Of
siauEhterers must be attempted, at
east until the lenten ban Oh broad con-
sumption is lifted and beef trade again
resumes a normal state. Carrying half
medium and good handy weight steers
a few weeks longer should be better
oolicy than Hquidating that kind now,
altho as weather warns up s-weixht
steers are likely to be even more un-
popular than now, and the trade offers
no especial announcement to the feed
ers who show q disposition to hold onto
t'sas kind n an endeavor to stave Oft
financial loss.
Sheep.
The live mutton trade continued
, steady, with the same top for wool and
clipped lambs Of yesterday. which wa
| readily obtainable today.
The Michigan crop Of fed stuff ap-
pears to have been reduced 20 small
proportions and,w another COB may
be due from that quarter. the day ID
burdens is over for this season. Buff
.s!c has get on. IF the bad winter ru4
this week and recent price conditions
have been reversed. Buffalo being now
higher than Missouri river points Some
eastern orders have nateeialised THU
week, both New York and Baitimoe>
being good buyers. .aAd Glalo ha0 6ese
= material "a. Ehe AGh 1saooo ~
~ II So .-fss.s