Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-05-10
FOLLOWERS PROVE
HANDICAP 70 HOGS
CHOICE GRADES FIRM BUT STALE
STOCK WORKED AGAINsr
GENERAL ACTIVITY,
BULK OF STEERS SHOW
BREAK FROM RECENT LEVELS
Sharp Decline From High Time Of
Last Week, and Market is Finishing
Week Quiet-Week End Boom Lifts
Lamb Prices-Shesp Steady-current
Quotations.

! Chicago, May 10.-Cnoice hogs were
] firm today. a big stale stock worked
against general activity.
/ 1t is a noteworthy fact that receipts
at practically all markets are showing
more than an ordinary falling off
Kansas City reported less than half OF
what was received at that point last
Thursday. and similar conditions exist
, at various other points. Total at eleven
markets Thursday reaches $4,000,
which is $500 less than last Thurs
day. a decrease of 1l.70O as compared
with the same day year ago and $500
less than the corresponding Thursday
two years ago. So far this week the
aggregate stands an even 100000.
which is 10000 below the first four
days last week. $1,000 less than the
same time year ago and $4,000 more
than the corresponding period in 1910.
| Total 1912 to date at eleven markets
aggregates 1O07O.o00 an increase of
ago and 334o, 900 more than the cor
responding period two years ago.
Cattle.
Steers were quiet. The bulk showed
a sharp break from the recent high
time.
Reasons for the decline this week
/ have not been hard to find There has
been a generous volume of receipts here
and in the vest following another gen
erous run last week, when the Chicago
supply stood largest since January.
This two weeks shipping Of liberal
supplies has simply been above trade
needs in view of the high prices for
smaller than week ago and last week
the shippers permitted packers to take
practically all the receipts as against
week ago. These We're primary causes
for decline logical indeed, but there
We're contributing causes as We'll. East
arn beef trade has been hitting the
bumps hard the direct result OF rising
retail cost and warm weather. The
public has gone to fruits and vegeta bles
little more freely to dodge high beef
and this has brought about shorter
demand from slaughterers.
Time was simply opportune to break
the market and buyers have been ham
mering away industriously ever since
the close Of the deal Wednesday Of last
week. They made small impression in
this line of work until Monday. and
even then the big fills cattle took part
" offset the decline in price, but what
they missed in price chopping Monday
vas more than made up for in the
Wednesday nlari,et.
That reaction Is due is admitted.
but there is no certainty Il will mater
ialize next week Some Very moderate
marketings will have to be here in
order 10 cause a loosening up or buy
ers. part and the country seems a little
inclined to cash in a lot of steers to
avoid high feed cost and also to get
them out OF the way before the busy
corn planting time is at hand.
Taken all around only prime grades
have escaped decline this week. One
drove sold up 10 1905 on Monday AID
numerous lots have gone at 80. but
these grades in comparison TO the gen
eral crop are of such short proportion
that they stand as no criterion. The
1915 and down to $3.50 kinds have goc
their price pounding along with ss.00T
SIS stuff and the latter now shows the
worst of the fray as against better
kinds. tho IT is the s7.25 n 1.I5 grades
which are by far the lowest sellers
along with the HABITAT yearlings which
have of late been landing under 500
and last week at high time made lot
better than $500.
Chicago run in four days this week
stands $500. against 1884 week ago
and 1870 a year ago. while Of this
crop there has been shipped total CT
15400 a decrease of $500 from last
week. Six markets are running shy OF
week ago, four days crop at these
points being $4,000 against 10000
week ago and 10000 g year ago. but
decline in marketinss as against last
week is shown chiefly in the west. and
since those markets are getting a COM
paratively short quota Of good steers
and generous receipts here have played
we'll into killers hands. especially as
they could be bought several dollars
per head cheaper than week ago.
Sheep.
A week end boom lifted lamb prices.