Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-05-01
FLOOD OF LIVE PoRkERs ON MAR.
kET THREE DAYS RUNNING
CAUSES BREAK IN PRICES,
PACKERS POUND MARKET, GET
TOTO CENT CONCESSIONS
Best Grades Of Cattle Steady, Others
Weak-Sheep and Lambs Steady to
Strons-Maximum Of High Levels
Believed to Have Be.n Reached
Current Quotations.

Chicago, May 1.-HOgS We're weak
and 70 10 Is cents lower Recent high
prices have resulted in hea:y receipts
the market down.
NinetN-seven thousand hogs arrived
at eleven lnarnets Monday. being 5000
more than a Week ago and 10000 more
than CORES ponding Tuesday Year
age. Chicago was credited with 49,
V00, or 2,400 more than week ago and
900 more than a year ago. Omaha re
ported 1890, being $3.50 more than 4
year ago. Kansas City had $4,000, or
1000 less than year ago. St. Joseph,
Sioux City. ST. Paul and Indianapolis
all increased very materially compared
with year ago, The first two days
Of this week eleven markets received
100000, or 3,oG0 more than a week ago
and 5000 more than a year ag,.
Monday Armour bought nearly 1900
hogs that averaged 236 pounds and
cost 1851 Swift's drove of nearly
5000 averaged more and cost $3.50
Other leading droves cost SIS. a 80
Monday, only one drove costing below
S.s7.
Cattle.
Good grades were steady and others
weak in the cattle division.
II IS evident that the country is de-
srous OF cushing cattle on high spot
and this policy is likely to be followed
out all along the line. This leads to
killers to forecast break. temporary
at least, as probable within the near
future.
Some !irs is 20. : to happen to the
steer 1Ge. and SOON said -cker
buyer Things have been going the
sellers way nearly long enough. The
new spapers are running first page
stories detailing beef price comparisons
with those Of a year ago and pointing
out to the consumer that his money
buys much smaller piece OF beef now
that it did then. In the past newspaper
campaigns against nigh beef cost have
had some effect, and /; will be no sur
prise TO soon find the consumer putting
up an old-fashioned balk against cost.
which can only shorten beef outlet
A cutoff in consumption of beef
would most seriously affect the light
and medium weight warmed up and
short fed steers, together with pretty
good warnings. since these are kinds
which have been doing chief price
climbing stunts in the past few weeks.
still the supply Of good quality LEGO
to 1900 pound grades is running little
larger than Gently. and these, too.
would doubtless he affected. while the
best heavy steers. despite their high
value. are coming only in numbers sucn
as are badly needed. and killers hold
no hopes Of being able to break values
for tht m. but or the other hand. are
wiling to admit the probability Of fur
tne- considerable price rise before
many weeks have passed.
Unofficial April receipts at Chicago
total o0S.l0c. against 1S41a4 in April!
,as, wear. while for the first four
months of this year Chicago receipts
approximate $1,000. against 9ol.904
wear ago but this small increase IN
yesr TO date marketings at Chicago Is
;Gerably offset by the shrinkage
in arrivals west. the six markets nav
ing a decrease of approximately 13S,eeo
for the year to date. and along WIKI the
falling of in arrivals there has teen a
considerable decline il average weight
Of steers at all points. Thus the sup
nix feures and weight shrinkace are
NANNY responsible for present Gay nigh
values.
Sheep.
sheep and lambs we're steady to
strong.
Killers are buying an. old thing
that will bleed at prices above TIE
feeeer limit Some orders are on lie
with order buyers. but they are peg
sed for the rncst part 81 CT mere
iejw prices killers are Da-ing. y
l,.nhcyit cnrne little Us =