Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-05-18
MARKET DESLlNE1 s CENTS BE.
CAUSE OF LIBERAL sATuR.
DAY RUN.
CATTLE HOLD STEADY;
RECENT LOSSES ANALYzEp
Too Many Of Medium and Poor Glasses
Being Markstsd-esst Hold at Hiah
LsveIs-Lambs Steady, Choice shorn
Selling Up to $ss5-shssp Slow
Current uotations.

cents on liberal receipts. The top was
1885.
Fridays receipts of 5000 were about
as anticipated. Five days this week
Chicago has received 10000 hogs
against 99,779 the first five days las,
week, 123.929 the same time a year age
and 115.462 the corresponding period
two years ago.
Normal receipts were the rule Fri
! Gay with all markets as compared
with last Friday. There was very little
difference in the run at any of the
eleven points. receipts aggregating e.
900. gain of $500 over last Friday
$500 less than the same day year ago
and a decrease Of 5000 from the cor
responding Friday in 1910. For the
week the total reaches $4,000, an in
crease Of 10000 as compared with the
first FIVE days last week. 21,0o0 less
than the same time year ago and
10000 more than the corresponding
period two years ago. Thus far this
year at all markets the number stands
10,s09,00o. an increase of 100000 over
tie same :;2:e last year and $4,000
more than the CORES ponding period in
1910.
Cattle.
Cattle were steady.
While the lower priced and medium
steers are still showing some recession
from recent top levels. they are high
sellers. nevertheless. and lot Of ship
pers here this week said they received
more money for such kinds than ever
bfore in their careers.
Reason for the reaction in values has
been plainly apparent IN the small size
Of the receipts. which stand at 81 500 in
five days this week. the smallest weeks
marketing since the week ending April
g. 1910 when total at Chicago was IS,
312. while smallest weeks receipts in
1911 came the week ending April %
and totaled 41.4ss. Five days arrivals
this week stand against 5S.a3s last week
and 52i44 year ago OF this weeks
crop there have been shipped only 49,
COO cattle. a decrease Of 500 from a
week ago. while the crop for packer
disposition shows around $500 decrease
from a week ago.
Thus both packer and shipper inter-
ests. having had access to sharply de-
creasing supplies. simply had to do the
sellers bidding and pay back lot OF
the decline which was shown in the
market last week when for the first
time in weeks past generous receipts
following a liberal crop the week previ-
Gus put buyers in a way to dictate
prices.
That such a situation will be theirs
for some time ahead is deemed as I'M
possibility now in view Of the recog-
nized shortage in beef supplies over the
country. Unlike past years the killers
at this season are getting small sup
plies of southern cattle to fill in the
gap. and especially light IL the crop Of
southern cake fed steers. The west
likewise offers them small relief from
corn-belt shortage. and II the next six
weeks is not period Of even stronger
prices than now prevail there will be
a lot of ordinarily good market guessers
whose demonstrations will have gone
wrong.
A still higher market for the choice
steers seems an absolute certainty. even
though the tops this week stand high
est since the late sos for cattle other
than these used in Christmas beef
trade. A top OF $3.50 this week stood
agains, 1905 last week ans so.so q
year ago, while showing soc advance
Sheep
Lambs were steady A few choice
shorn lambs sold at 1855. Sheep were
slow.