Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-05-14
HOG TRADE kCI|YE
At HIGHER LEVELS
MARKET BRISK AFTER OPENING
GENERALLY 5 CENTS
UP.
TOP FOR DAY $3.50,
FOR PRIME OFFERINGS
Best DissilIery Steers Top Cattle Mar.
ket at ss.s5-euyers of Live Mutton
eearish-Market Finishes at Decline
Of Cents After Touching 50 for
shorn Lambs-Review Of Conditions.

ChicaE so. May 14.-Hogs opened .
cents higher. Trade held fairly active
and the top was $3.50.
Armour spring a coup like that Of
Monday For some time this firm has
been bearish. manifesring little interest
in proceedings OF late: in fact. this
was especially evident last SATURDAY,
when they were out of the market en-
tirely But Monday. al time when
Armour's BUYERS are usually on the
fence. they pulled off The unexpected
and eagerly bought up the hogs, which
were of exceptionally good quality. OF
course. other buyers had to follow their
footsteps and this gave life and action
TO thu market which otherwise might
have been a lifeless, draggy affair. be-
cause shipping orders were only mod
erata and speculative activity was not
much stronger than the ordinary Mon
DAY Morris bought hogs OF a little
better quality than Armour. paying
from $40 70 s7.s5.
The average price was 1857, as
asainst $40 Saturday and s7.5s last
Monday
Receipts 9. wtols Al eleven mar
kets Monday were larger than week
ago The run al ST Louis was the same
as q week ago. 1000 smaller than
year ago and 1000 more than two years
ago. Chicago received 5000 more than
week ago, 5000 more than a year ago
and $500 more than two years ago
Total at eleven markets Monday was
ia4.Se0. against $500 q week ago 103,-
900 year ago and $4,000 the CORE
spending DAY two years ago. For the
year to date a total of 10.216.000 hogs
have been received a. these markets.
which stands 1870 more than i
year ago and 1866 900 more than the
corresponding period two years ago.
Cattle
Cattle we're steady Best distillery
steers sold a, $3.50. the top for the
Gay.
Cattle feeders are keen TO sell when
the price is good ard reluctant TO cash
in al such time q. this, when lot Of
bullish tone has been lost in the trade
This il measure accounts for scant
receipts Of cattle IT Chicago Monday.
Naturally the market reacts. but still
there Is lacking in the trade situation
that same builisa spirit which was
dominant some days ago.
II may not have been due entirely
70 price cutting tina; the crop today is
short, but as well 20 severe storm con-
dit:ons over the middle west n the
past two days. Iowa had a miniature
cyclone. Shippers report windstorm
in some sections Of Iowa Of such veloc-
ity that cattles could not be driven to
the loading stations
Whatever the cause of the light run.
II : q good thing for the trade that it
arrived. a Zig supply here ard gen
erous receipts in the west would only
have had the effect Of further price
cutting, and cattle lost in the last week
much O ftheir excess value.
= little period Of short runs will
prove a good thing for the trade. but
such a scant crop as was here Monday
is too apt TO be followed by big mid
week Supply. since there are many
feeders who would cash in and finish
blowing for corn, and also plant little
Of i where the conditions are favor
able.
Sheep.