Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-05-27
CHOICE STEERS STEADY BUT
OTHERS SHOW DECLINE OF 10
TO is CENTS.
HOG RUN TOO LIBERAL
AND PRICES DECLINE
Market Ends With Flat Reduction Of
10 cents-Toppy Lambs Higher While
Common Sorts Were Wsak-sheep
Were Strong = Current Quotations
at Livestock Centers.

! Chicago. May 27.-Choice steers were
firm. Other grades were slow and
showed decline of 1o@15 cents.
! What the trade will develop this
/ week is uncertain. That there will be
some continued strength in demand for
| choice grades is a foregone conclusion.
since scarcity Of these is written al,
over the horizon. and as long as GER
| tain portion of consumers demand the
! high grade beef almost regardless Of
price. there is expectancy Of rising
markets for these grades SO predic-
/ ton for June markets being considered
reasonable enough. aItho the trade is
fully cognizant OF the fact that loud
vail from consumers against high beef
/ cost will have its effec, toward trim
ming down the amount of beef bought
TO an extent which may have some in
Auence in putting check on the bull
ism impulse of the market.
May receipts at Chicago are running
considerably behind a year ago a de-
crease of approximately $4,000 from
May last year being shown to date.
while the year TO date supply at Chi
cago stands 3470o less than a year
ago. and at six markets there Is a oe-
crease 90 e2s,ooo in marke,ings from
Jan. down TO the present time as
compared with the same period a year
go.
The trade looks for some big declin 50
for light and medium steers In the
near future This expectancy is being
communicated 20 country shippers and
they are being warned to operate az
cordinsly. The decline. when it comes
should be Of proportions almost equal
with the price advance for such grades
IN recent weeks.
Some grass steers are showing UP
even now, altao only a scant quota OF
stuff here Of late has been of pasture.
a few weeks more. however and there
will be a considerable percentage Of
the light steers out Of pastures. These
classes should then be due for sea-
sonahIe price breaking. altho Il Is
doubtful II the summer crop will he
large enough TO effect any very ter
ribIe price damage
Aees.
Hog runs we're too liberal. and the
market ended with a fiat 10-cent de-
cline
Traders are taking cosnizance Of tho
! fact that |. does not pay TO clog the
market with Iay-over stun. and now II
countrynen will use Judgment along
the lines Of not crowding and surocar-
! ing swine in the car everything will be
smooth sailing.
Receipts Of hogs al Chicago stock
Yards last week were 49, 900. decrease
Of 200 compared with the preceding
week. 600 more than the corresponding
week wear ago and o4.eoo more COM
pared with tn. same week two years
ago However the weeks supply stands
200 smaller than the corresponding
week in 1893
Estimated average weight OF hogs at
Chicago last week fell of to 233 lbs.
against o35 lbs. the previous week and
was 10 lbs lighter than the same week
two years ago. but showed Is lbs gain
compared with the corresponding week
in 1909.
Top hogs for the week made $3.50. or
15c lower than the high mark recorded
last week The average price last week
figured $40 and showed &c decline
compared with the preceding week.
Thursday proved the high day last
week. and the same day the previous
week also was the high spot
The weeks supply aggregated $4,000
or 1000 less than last week. $4,000
less than the same week last year and
A.. 900 more than the corresponding
week two years ago. Total for 1912 to
date ll.144oeo, or 100000 more than
the same period in 1911 apd 344s.o6o
more than the corresponding time II
1910.
Sheep. 4
Tonpv lambs were higher. while com
mon sorts were weak Sheep were
strong.