Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-04-25
ACTIVITY Also
AIDS IN IMPARTING STRENGTH
TO THE MARKET
SEVERAL DRovEs OF CHOICE
LIGHTS SELL At 50
Bulk Brings $3.50 to $5.s5-Lisht Run
Of Cattle Brings Steady Market
Usual Friday Dizziness in Evidence
Demand For Sheep Light and Mar
ket Featursless.

Chicago, April 25.-Speculative ac-
tivity and shipping demand for light
hogs gave strength to the market to-
day. Receipts were only 1000 and the
principal markets east and west had
only 1880 all told Bulk of sales were
$3.50 to $685., but a few choice lights
sold at a nickle over 50.
Eleven markets received $500 hogs
Thursday, or 10000 less than last
Thursday, 1860 less than a year ago
and $1,000 less than year ago ana
31,1OO less than two years ago. Total
four days this week, $4,000, or $1,000
less than the same period last week,
5000 less than the like time last year
and 81 900 less than the corresponding
four days two years ago. Total for
1912 to date, 7,SS7,000. or 1,244,OOO less
than the same period 1912 and 10000
more than the corresponding time l9ll.
Cattle,
A light run of cattle, 1000 head, made
a steady market but the usual Friday
dizziness was evident.
Common and plain light steers are
showing less decline than the weighty
grades. for reason that the weighty
supply this week. Good quality and
strong weight of bulk of marketings
merely goes to substantiate assertions
made weeks ago to the effect that
everything In the steer line was going
to be fed literally this season, and as
long as corn remains reasonably cheap
in price.
Prime grades are down very little,
because they are scarce. There is
heap of good to choice stuff. but few.
indeed. which class as really prime.
and the latter bring their premium be-
cause Of superlative killing qualities.
Generous receipts west have had
some bearish effect here, but the fact
that Chicago had more than needed
was main force in effecting decline.
Total at six points for the week to date
stands s127,000. comparing with $4,000
week ago and 100000 a year ago.
What has brought the big run this
week in face of demand conditions
which plainly showed evidences of
needing very moderate supplies? That
is query going the rounds of the
trade and remains unanswered. The
rush of farm work should, under ordi-
nary conditions, hold down marketings
If the liquidating fever is on because
congress is fixing new tariff schedules.
and there Is fear of the effect of the
free meats and lessened import duty on
Mexican and Canadian cattle, the
anxiety over immediate future prices
is ill-founded. according to the belief
of traders. Free meats and lower cattle
tariff could not possibly affect this
seasons crop OF cattle That's the
trade belief, and uneasiness is not
called for. market supplied only suf-
ticentfy to balance beef demands would
sustain strong prices for fat steers. The
crop for the spring and summer is short
Of normal and it is merely a case Of
conservative marketing Of them. trad
ers declare. to hold values on money
making basis.
Next week, particularly, the trade
will need shorter runs. If they are not
had still lower prices must follow. It
is case of everybody on the buying
side being filed up with beef and keen
ly Whetting an appetite to cheaper sub
sequent cost OF that commodity.
Sheep.
Receipts and demand for sheep were
both light and the market was feature
less.