Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-05-23
ID GENT GUT N HOG
PRICES DEMANDED
RECEIPTS TOO HEAVY AND SHIP
PERS DEMAND MATERIAL
CONCESSIONS.
CATTLE TRADE SHOWS
A SLIGHT IMPROVEMENT
Trade So Small as to Hardly Ccnsti-
tute Market-Supp!ies in Sheep
Division Not Especially Larse-Re-
cent Decline Checked-Review Of
Market Conditions.

cut 10 cents from yesterdays values.
Thursdays average price at $S.61
, was cents lower than a week ago, IL
cents lower than a month ago and S4
! cents higher than corresponding
! Thursday year ago.
! Ninety-one thousand hogs arrived at
the eleven leading markets Thursday.
being 5000 more than a week ago and
5000 more than a ear ago.
{ Chicago had $500 less than a week
, ago and 200 less than year ago. East
ern receipts were again quite small,
only 1000 arriving at Buffalo
| Omaha received 5000 more than a
week ago and ST. Joseph increas ed g.
800. while Kansas City recorded only
1000 more than Thursday of last week.
| The first four days Of this week
eleven markets received $4,000, being
1000 more than a week ago and $4,000
less than a year ago.
For the week to date Chicago had a
total of $4,000, being 1900 less than
arrived a week ago and 1890 less
than were received a year ago.
Considerable guessing is going on
respecting the hog market. In some
quarters an impression exists that
packers are not averse to maintenance
of present prices, but with light stocks
this is not logical. The fact is that
; hogs are cutting up at profit nd the
fellow who buys them bag that profit.
The market is battling not with a
deficiency Of beef but Of hog product
at the present moment. Pigs that
succumbed to disease last fall can not
come to market in the shape Of fat
hogs now, nor can the stuff run off
earlier in the season in anticipation of
mortality play a return engagement
The promised big June run may or
may not materialize but many In the
trade recall the disposition of the June
market to hit low spots and are play
ing it to repeat. If a June run does
not materialize. shortage will be no
longer open TO doubt. Already the re-
cent heavy eastern run is subsiding
and gradual increase in shipping de-
mand is expected
Cattle.
Cattle showed slight Improvement
in price The trade, however, was so
small as hardly to constitute market.
On four days supply Of $4,000.
comparing with 1870 a week ago and
/ 1886 year ago, with shippers taking
| 1000 less cattle than last week, the
market has acted in a manner calcu-
lated to give the trade hopes for ma
terially better things in the next few
weeks. While supplies are running
light, beef call is of corresponding vol
I: ume both here and in the east high
retail cost Of that commodity despite
lower VIII olesale cost in the past few
days being no stimulus to growth IN
the demand, and az long as the supply
situation continues as ia present there
will be no brewing of bullish senti-
! ment.
Western Iowa. Nebraska and South
Dakota are still marketing considerable
crop of good beeves, both heavy ana
medium in weight and there is strong
proba bility Of the runs from these sec
tons coming literally in the next two
or three weeks, by which time the IL
linois and Indiana fed distillerv steers
doubtless will he coming into the
| market with some freedom. St,lieI
| feeders in these states, having put IN
their cattle at record cost as feeders
last season. are disposed to hang onto
! item rather tightly now, and await
the end of the winter fed crop from
the corn belt, since current sthier
prices. paid for the few samples
which have hit the market. are DE-
cIared to have earned but small proht
on the investment.
TOO many cattle of one kind are com
ing into the trade. That Is a killer
argument. They are getting big crop
of handy and strong weight medium t"
pretty good steers, and the weisnts
of ne n.
ZOO heavy to afford slaughterers the
n;ckinp they would like from now on.
As the season advances there Is dis-
elimination against weightS s'eers
lacking smooth finish and lot oil
: eoo ro,,r7a and heavier plain grade
steers selling this week around 81 ana
lover n,ainlv attested the fact that
those and the bigger grade steers not
possessing choice finish are going to
cot discrimination hencefortn. me
~, satisfaction for sellers Is that
such kinds are pretty well run out o.
F.! Tho food Yards by this time. Big car
| cases are little wanted by the butch-
o.s Tho call is for handy-weigh hit
grades and this is Likely to be lntensl-
! fed as temperatures rise anu
| ers seek lighter diet.
An increase VI i'''"'
noints is noted in four days TINS Week.
compared with week ago, these mar :
ks.s having 100000 up to today anu
showing 5000 gain over a year ago. ou'
% 900 less than two years ago.
| Sheep.
| Supplies in the sheep pens were no'
ssneciallv large. Accordingly the re-
cent decline was checked.
| Chicago Livestock.
! Chicago, May MISUNDERSTANDING
receipts for today, 1900: market steady
Reeres ... 1909 .sss
Tsxas steers ESQ TIC
western steers ......... 7.oo@ 81;
stockers and feeders 1888. $500 SOC
| 49, 80 ha,,or. 3sOM TOO