Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-05-29
HEAVY ARRIVALS CAUSE OF
STEERS SELLING GENERALLY
10 TO Is CENT LOWER.
BUTCHER STOCK ALSO
TENDS TOWARD WEAKNESS
Hog Prices 10 Cents Down All Along
the Lins-Top for Day $7.5-Prime
Lambs Steady and Good Sheep
Strong-Review Of Market Condi.
tions.

Chicago, May 29.-Steers were gen
orally 10 to Is cents lower today, due
10 an excess Of offerings. Butcher STOCK
was also weaker.
The Kosher butchers strike in Chi
cago, declared last Saturday, is eX
rected to have considerable effect on
the demand for heavy steers of good TO
choice class Kosher beef trade affords
outlet for practically all the plates ana
cllucks cut from the high grade steers
slaughtered in local quarters, while the
ribs and loins go into the high class
hotel trade. Closing up the outlet Tor
chucks and plates naturally Will tend
to restrict the general demand, buyers
assert, altho the kosher strike, which
is in force simply because the price OF
kosher meats has gone up TO q basis
which the kosher folk call exorbitant,
is not expected to continue long.
High beef cost is not only disturb
ing the kosher meat eaters, but is
general affliction over the country
which is having no small effect IN
holding down the demand. This was
we'll indicated in the light buying on
part of eastern shippers Monday and
their short demands were strong FAC
tor in effecting weaker prices then.
While continuance Of slackened eastern
orders can only have further effect in
clan,ping the lid down over the laee
hullish sentiment in the trade.
The slowing up in eastern call al
fects not only medium to good steers.
but choice as WELL altho the fact that
there are still only small supplies OF
the latter kinds naturally makes them
good sellers still, as the S9.OoQ9.3o
prices attest.
AS the Texans come into the tra"e
in generous volume at other markets
they naturally are having erect on the
ma tive market, and a little later When
the Texas grass-fed stuff is shipped
freely these should have further erect
in forcing the natives Of medium ana
rlain grade to wide price spread. as
against the ripe corn steers. The north
west, too, is cutting loose some nay
feds. and another trainload of these Is
looked for late this week. while con-
siderable supplies of good Clstlilery
steers go long way in filling demands
for high grade beef at cost a few
points below that for the best corn
feds.
Hogs.
Hogs were 10 cents lower. The top
was s7.55.
Two days this week Chicago received
67,4e5. as against 1896 last Tuesday
53.456 the same day a year ago and
s9.oos the corresponding day in 1910.
ST Joseph. Omaha and st. Louis re-
ported a moderate increase in receipts
Tuesday over a week ago, but other
points generally had e moderate run.
Total receipts at eleven markets Tues
day were $500, an increase Of 5000
over last Tuesday, 12,400 less than the
same day a year ago and 20.100 more
than the corresponding Tuesday two
years ago Two days this week the
total was 100000, gain Of 5000 as
with the first two days this
week, 1000 less than the same time
year ago, and $4,000 more than the
two days 1910. Total
1912 to date at eleven points reaches
11,346,0OO, which is 1.1s9,o00 more than
the same time year ago and an in
crease of 7,796,000 over the correspond
ing period two years ago.
Sheep,
Prime lambs were steady and good
sheep were strong.