Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-03-24
MARKET GIVEN FAIR SUPPORT
BUT GENERAL AVERAGE Is
10 CENTS LOWER.
WEIGATY HOGS SHOW
LOSS OF CENTS
Improved Demand For Better Grades Of
Cattle and Values Up to Last Weeks
LeveI.-Livs Mutton. Gain Strength
After Weak start-Quotations in
Various Market centsrs.

Chicago. March 24.-Hogs were gen
orally 10 cents lower today. Heavy
hogs We're under the average. Many
weishty hogs showed more than 5
cents decline. but the average OF all
sorts was sufficient TO hold the mar
ket to a decline of cents. There was
fair support from packers.
A curtai!ment Of supply is expected
as soon as the country gers busy with
oats seeding. but when that work Is
completed another series Of liberal runs
is probable. as quality indicates any
thing but scarcity in growers hands
On the provision side Of the trade con-
siderable optimism has developed re-
Gently. Traders realize that stocks are
rot burdensome and the fact is not dis
guised that eastern trade. which has
been OF hand-to-mouth character. ts
picking up. Only a brief let-up In
the hog run Will infuse life into pro-
vision trade Pure lard Is putting sub
stitutes out OF business IN very en-
phatic manner and 1t Is believed that
an advance Of 1c per pound would be
p help rather than a hindrance - the
jobhing trade, as tohhers are inva riably
reluctant TO load up when prices are
going down. their desire being 20 get
in on bottom It is said that nothing
has been accumulated In the east for
spring and summer trade. consequently
demand from that source must broaden
sooner or later. Lard Is still being
shipped abroad In large quantities
Combined receipts Of hogs at eleven
markets Thursday totaled $500 or 300
less than week ago, $1,000 more than a
year ago and 1890 more than cores
ponding Thursday two years ago. Chi
cago had $500 more than week ago and
1880 more than year ago. Kansas
City received 1000 less than week ago,
and 5000 more than year ago. Omaha
had 1900 less than week ago and 1900
m ore than year ago. St. Louis received
$500 more than year ago. St. Joseph
had 800 more than year ago. Sioux
city received 1900 less than week ago.
but 1000 more than year ago. Total for
four days this week $4,000. or 10000
less than same time last week. los. 900
more that like period last year and
S 900 less than corresponding four days
two years ago. Total for 1911 to date
5,5ss,00O, or $4,000 more than same
period last week, but 821. 900 less than
corresponding time in 1909.
Cattle.
Cattle were strong. Demand for
better grades was more active. VAL
ues are up to last weeks levels.
Market, showing ability to come
back" after hitting seasons lowest
notch on Monday, needs the stimulus
of another week or two Of light re-
ceipts. Beef demands fail to show
general growth. even tho prices arc
down to relatively low basis. EggA
poultry, and vegetables. too, arc low
in price and meeting relatively better
demand than beef for the reason that
Lenten abstinence il having quite ma
terial effect in checking beef demand.
Thus the killers are finding themselves
in a comfortable position as regards
filing beef demands, even tho their
purchases Of cattle are only OF small
volume Shippers have taken 10000 OF
the run this week, practically as many
as a week ago, and the packer crop
falls 5000 sort, but this lighter packer
buying affords satisfaction to the latter
interests, since they claim to have
plenty Of beef to supply demands.
Oats seeding and blowing activ-
tiles now engaging the time OF
the many feeders. the trade Is looking
for continued moderate receipts. Re-
establishment Of the price basis Tor
steers a few points above recent low
level should tend to give the feeders
a little confidence in ability Of market
to hold in this condition on light re-
ceipts, and since there Is an abundance
Of reasonably cheap feed at hand 1t
appears better policy to hold cattle
where home conditions are satisfactory,
than to rush them onto market which
is lust recuperating from sickest spell
Of the year, and can easily work Itself
into ser. us relapse If given supplies
the least bit above beef trade needs.
The country has acted wisely IN
holding down receipts at all points this
week. Six markets have had only H.
900. against $4,000 a week ago and
125. 900 a year ago, shorter supply well
Indicating the disposition among feed
ers to give market rest from liberal
supply doses.
Sheep.
Live muttons had a weak start bu'
there was a better undertone after the
first hour and prices were about a. The
previous session.