Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-05-10
HOG TRADE SLOW At
FRIDAYS AVERAGE
LIGHT HOGS IN FAIR DEMAND
AND TOP MARKET
AT $685..
BULK OF SALES 5 TO 20
CENTS UNDER THIS FIGURE
Cattle Run Practically Nothing Few
Sales Made and These at Steady
Prices - Sheep Trade Slow and
Prices Showing Scarcely Any Change
Review Of Market Conditions.

| Chicago May l0.-The hog marker
toda, was slow around yesterdays av-
erage. Light hogs were in fair demand
and brought d top of IS 80, but the
bulk of sales was ) 10 20 cents below
this figure.
Sixty one thousand hogs arrived at
the eleven leading markets Friday. be
ing 5000 less than week ago and T.
900 more than a year ago. Chicago
alone had 5000 less than a week ago
and Zoo less than year ago.
Indianapolis reported 1900 more than
q week ago mad 1900 less than year
ago Buffalo had 1000 less than q Week
ago and $500 more than a year ago
The first i've days OF this week
eleven markets Mere credited with
,0s geo or 1t, GEO less than a week ago
and IS 1000 more than a year ago. Chi
cago had 500 less than a week ago
and 900 more than spending
i've days Year ago.
Cattle.
With q run OF only 100 head the
cattle market was practically nominal
on. Prices held steady q I about YES
tercay's average.
Il is another period when the coun-
try mus go cautiously in nlarheiin =
An overcrowdea trade next Monday
can only mean that q new low point COR
many months past will be inevitable
I hope We DO not get over 10000 cat
tie next Nonday. and II we get lIopu
we'll probably have enough. reinarN.t1
a big packer buyer. 4 run Of 2O-p''e
will surely result in still lower prices
unless conditions III beef trade sho"
some sudden improvement
Local houses are carrying comfort
able surrlus stocks or heef and ma
,nerous o. them have had their agents
in the Kentucky ard Tennessee distil-
lery feeding there. Eastern houses also
have -ahen a considerable crop O.
southern stillers and these cattle have
been moved 20 seaboard More OF them
win GO next week and the week there
after. and every bullock from that seq
ton tends TO lessen local demand jus.
thar much. When the Illinois and In
diana stilIers come out there will need
be further cautious marketing of corn
fed steers i prices are 10 be held from
further lowering.
obviously there is going to he beef
enough for all trade and il appears now
10 be case OF proper handling the
stuff from feed yards 70 market 10 pre-
vent price recessions. Southwest tha
crop is moving with some freedom ana
more generous Texas runs will come
in the next three or four weeks. While
Chicago VIII gst practically none OF
these direct. packer purchases At othAr
points for Forwarding here will likely
hold down demands for the local sup
PLY of corn-feds
Yearlings below strictly choice grade
have been hammered this week as hard
as heavier steers. and even stuff such
- ten days ago was called strictly
good yea-,ings is classed different now.
and sells lower accordingly since q
larger yearling crop is moving and
killers are thus better ahle to discrim-
mate against the light plain grades.
Sheep.
Sheep trade was slow with prices
showing scarcely any change.
Heavy local receipts came this week
al q period when the market was in no
condition TO digest them and despite
ample evidence TO that effect that was
brought clearly before shippers
week ago when the livestock World
said: Eastern dressed mutton mar
kets are flying signal of distress that
does not bode good for the trade here
next week" Barring Colorado, there
has been a swelling marketward move
,lent from ali directions this week, and
Colorado feeders. whc deserve com
nlendation for the efficient manner in
which they doled out their offering
from thu opening Of their shipping
season in January on thru April. have
ia!d themselves open 10 the charge Of
crowdins the market during the last
two weeks as If very anxious TO ter
inmate seasons feeding operations
that has probably been the most pro-
GtabIe they have ever enjoyed. taking
the season as a whole. Feeders who
have been finishing Hsstsrn stock at
the big feeding station around Chicago
have dumped a raft of stuff into the
. cavernous NAV Of this market this
! week Much Of this stuff has lacked
finish. but since there were right
around 500 double-deck loads OF ovine
stock chartered at these stations a
week ago. as liquidation has undoubt-
edlv been forced, to an extent, By a
tightening money market, and as the
action of the live mutton trade, as Well
( trade Of late had not been reass urins
I 70 feeders. the wisdom of their course
4 in taking good profits while they were
/ assured, rather than further delay the
marketing of stock that was in fairly
good condition and take longer
chance on stuff that must have been
shipped within the next few weeks to
a market that many trade leaders re-
: .S,o:o mr.
TO be seriously questioned. On top OF
this crowding in Of CoIorados and
| feed lot" stock has come fair in
crease in arrivals of natives and the
arrival OF more stock at Buffalo, Pitts
burgh and Chicago from eastern ter
iritory- than the trade al large believed
was available.
Chicago Livestock.
Chicago. May Observation-Disclosures tee
", Ix-