Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-05-20
WITH NEARLY e00oo HEAD
THROWN UPON MARKET,
PRICES SHOW DECLINE.
MAJORITY OF SALES
AT CUT OF 10 CENTS
Packers Buy Only on Concessions
Cattle Market Steady With Best
Grades 10 Cents Higher - Sheep
Steady-Heview Of H.Tks. cendi
tons-currsnt Quotations.

Chicago, May 2o-With arrivals in
the hog division marked up at $4,000,
packers saw an opportunity to make
their purchases at lower prices. and
demanded and We're given concession
| of 10 cents The market was slow.
! Receipts Of hogs at Chicago stock
yards last week totaled 143.400, an in
crease of 343OO compared with the pre-
vious week, 1900 compared with the
corresponding week year ago and 81
700 compared with the same week two
years ago.
Estimated average weight Of hogs
vas 235 pounds. showing eight pounds
increase compared with the previous
week, and five pounds lighter than the
same week a year ago, while 1t was
six pounds lighter than the correspond
ing week two years ago.
Top hogs al Chicago last week made
SS.05, or 10 cents higher than the previ-
Gus week. s155 higher than the CORE
spending week year ago and $1.7712
lower than the same week two years
ago. Last weeks average price fig
ured s1.79. against $3.50 the previous
week. 1912 the corresponding week last
year and 1856 the same week in 1910.
hog IecelplS heIS dDOuI
normal at the various markets, and
$4,000 supply swelled the total at elev-
en- markets to $4,000, or $1,000 more
than the preceding week. $4,000 less
than the same week a year ago and
$4,000 more than the corresponding
" eek two years q go. Total for 1912 to
date 10, SCI. 900, or 1,241 900 more than
the same period in 1911 and 3,441,000
$t,a IN,
1910.
Cattle.
Cattle receipts were hardly up to ex-
pectations. and as result prices were
steady to 10 cents higher, best grades
bringing the advance.
This is the highest market for the
spring Of the year in fifty years past. a.;
it applied to the general run Of steers,
tho in 1882 top cattle sold up to $1,000
$50 same high point as registered last
week A few weeks later. should things
go the way the trade is confidently ex-
pecting they will go. there will be some
much higher levels made for prime
steers than is the case now. There are
in fact, predictions OF SO steers for
June, but this price can not be made
unless there is an unusually keen and
reckless demand from killers as result
of insstent consumer call for fancy
beef al any old cost.
A larger percentage Of steers sold
above IS last week than in any single
week in the memory OF traders. Year
lings sold up to sS75 and they were not
prime. either. Doubtless. prime ones
would have made 50 or better. There
were a 10y Of good 100 to 1900 ID steers
at ssoOd840 and some cattle averag-
ing less than 400 lbs made 10, altho 1t
is the choice heavier grades which are
getting the cream Of the demand just
now, as has been the case all this sea-
son.
Killers got a comparatively scant
quota of beef steers down to 81, and
only tailings went down to 1925 and
lower, while such stun as landed at
ss.5od6.s5 rarely weighed 900 to $50
lbs and was really a better feeder than
beef kind In fact, feeders paid up to
$3.50 for steers which had Just little
kill to them.
The bulk Of short fed light steers
sold at $3.50 ais and stuff around
So gave no evidence Of having long
been associated with corn pile.
! The receipts Of 81, 400 compared with
5s.o49 the previous week and 52.302
wear go. while of this crop there were
shipped 1890. leaving 1880 as net
supply for local distribution. comparing
with 3ss21 last week and 32,15s year
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 re-
ceipts following q liberal crop the week
previous put buyers in way to dictate
prices.
That such a situation will be theirs
for some time ahead is deemed an I'm
possibility now, in vitw 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 All in the
gap, and especially light 10 the crop Of
southern cake fed steers. The west
! likewise offers them small relief from
| corn belt shortage.
Sheep.
Sheep and lambs were steady.