Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-05-31
DOWNWARD TENDENCY OF
PRICES HALTED AND SLIGHT
ADVANCE is SCORED.
BULK OF OFFERINGS SELL
5 AND 10 CENTS BETTER
Receipts OF Cattle Too Meseer to
Make Interesting Market, Which is
Quoted as steady-Sheep and Lambs
Weak to Shade Lower-Current
Quotations at Livestock centers.

Chicago, May 31.-The downward
tight Of hos prices was halted, at least
temporarily, today, when the market
turned upward Bulk of sales were al
advances of ard 10 cents. Choice
heavies topped the market at $50.
Chicago received 122,.3S hogs in four
days this week, IS against l15,51i the
first four days last week. 1925 the
same time 4 year ago and $1,000 the
corresponding period in 1910.
Receipts at other markets THURSDAY
we're about normal. Memorial day was
observed in Pittsburg stock yards IN
the form OF a holiday and no receipts
We're reported from that point. Total
run at all markets Thursday was 81
500, which is soc more than last
Thursday, decrease of 2o.6o0 from
the same day a year ago, and .,ooo
ever the sponding Thursday t""
years ago. For four days this week
the aggregate receipts amount to iOi,-
000, in increase OF $4,000 over the first
four days last week. $4,000 less thar
the same time year age and 100000
more than the ponding period
1910 The total for 1872 TO date al
eleven markets stands 1l,541,o00 which
is 10000 more than the same time
a year ago and an increase OF 3.9sS.0oo
over the corresponding period two
years ago.
Cattle.
Cattle shippers were not on the job
Thursday, hence today's arrivals We're
almost nothing. Receipts were hardly
,-l-r al hn
prices were quoted as steady.
There has come about in the trade
a situation the reverse OF that which
existed ten days ago. Beef has gone
so high in retail cost that the public
IS eating less OF il. Many eastern
butcher shops are reported 10 be prac-
ticauy out of business as result O.
the refusal Of their patrons TO pay
enormous prices for beef This con-
dition OF affairs has materially cut the
beef sales OF eastern concerns. and
they in turn are trimming down their
purchases IN the local market
Packers. on the other hand, have run
against snag in the shape Of the
Kosher Butchers Association boycott.
due to the high COS. of Kosher chucks
and plates.
These are logical reasons which have
brought about weaker general de-
mard IN the cattle market which af-
fec,s the choicest steers least because
that class is in the minority OF sup
pIv. and has severely nit the plain and
medium grades. How long the weaker
turr in the market is 10. continue VIA
deperd 10 a great extent upon the
sentiment countryward.
The proportion of light steers is in
creasins. and particularly the yearins
crop. Little $50 to 700 pound stuff.
both steers and heifers, have been
rushed to market after short run IN
pastures, and lot OF this stuff being
bought at se.50d7.o5 has operated to
hold down the demand for the strong
er-weight. htghe--priced steers.
Meantime Texas is cutting loose
sor.e ger erous supplies Of good meal
fed steers. which are strong competi-
tors against medium to good grade
naild,e-weight cocn-fed natives. 1t Is
a situation in steer trade generally
which will bear close watching upon
the part of producers. and will likely
require some careful nursing to bring
the market tone back TITO the same
vigorous state noted only short time
ago.
The crop this week has included
lo- Of right coed 1890 to 1,4h0 pound
steers which have gone at 1886 q $3.50.
and with the local kosher butchers
fovcotting the trade packers have been
inclined TO Jean hard against these
grades owing to their inability to sell
the plates ard chuchs into the usual
channels which afford disposition Of
those cuts AS long as the kosher
butchers continue to stay out Of the
market there is expected to be short
demand sor the heavy steers from local
packers.
Run Of 5000 Thursday made 42.7oo
for four days this week, against 1886
week ago and 4S.334 year ago, while
of this crop there have been shipped a
total Of 1900 cattle, comparing with
II 500 a week ago Thus the crop for
f, local distribution has been $500 larger
Thus far this week than week ago.
| and in face of the weakening beer
1 trade conditions in local quarters. de-
| cline in prices is logical. SIX markets
receipts of 81 900 in four days this
week stand 5000 fewer than week
! ago and 10000 under the run year
ago. but as the stuff is coming mucn
! lighter in weight at all markets than
was the case at this time last year,
there is even much greater deprecia-
tion in pounds of beef marketed than
/ supply figures indicate.
! Sheep.