Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-04-26
LIGHT RECEIPTS COUPLED WITH
LIGHT DEMAND CAUSE
MARKET TO WEAKEN.
MOST SALES At 10 CENTS
UNDER PREVIOUS SESSION
Cattle Market Nominal, Receipts Being
Only 100 Aead-shsep and Lambs
sIow-Priee. Hold Steady Because
of Lishtness Of Reeeipt.-Review Of
Market Conditions and Quotations.

mand was coupled with lightness of
receipts today and the hog market be-
came weak, easing off mostly 10 cents
from yesterdays average.
Eleven markets received 81 900 hogs
Friday. or 1900 less than last Friday,
LOO less than year ago and 1900
less than two years ago. Total I'VE
days this week 5000, or $4,000 less
than the same period last week, $1,000
less than the like time last year and
$4,000 less than the corresponding five
days two years ago. Total for 1913
to date 100000, or 1895. 900 less than
the same period 1912 and $4,000 less
than the corresponding time 1911. II
is the first time that receipts thus far
this year showed a decrease compared
With the corresponding period two
Years ago.
Cattle.
The cattle market today was prac-
ticaily nominal, receipts being only
100 head.
If the market gets generous run
next week there's going to be some
terrific ripping and slashing of prices.
That's the sellers guess This weeks
big decline viii be only a starter toward
far worse things. The cards are all
stacked for q bearish campaign on kill
ers' and shippers part, which will
make il d sick deal indeed and all be-
cause the country has been cutting
loose with more or less reckless aban
don in recent weeks
Three consecutive weeks of generous
supplies coming into market which
has had demand tina, could have been
tIietl from 9 very moderate supply. has
meant a lot of beef accumulation in
coolers. principally in local quarters.
but there are by no means short sup
plies east. This has put killers and
shippers in absolute control of the sit
uation land furtherance OF this free
shipping policy on part Of feeders can
only mean continued declines.
a lot of fear that free meats Is going
wards. and difficulty 20 secure extern
sions on cattle paper is accredited an
5ther reason for cutting the stuff loose.
but It's bad policy both ways. according
TO the local traders views Free beef
and mutton. even if congress puts it
over. will not effect serious and speedy
and meantime continued liquidation
from weak -kneed feeders who may
look ahead with a pessimistic eye is
bound to lose them more money on this
seasons feeding than tariff elimination
possibly could
Prime big steers are showing little of
the general break and there is no
proba bility that these will be much
further punished in the near future.
while the same outlook applies 10 year
lings OF good to choice grade, providing
they are marketed moderately. but 1t
must be borne in mind that the yearling
demand can easily be oversuppiied.
Any very liberal quota of yearlings
next week will likely turn the trick.
since this weeks market has had its
maximum fiji of baby beeves and lot
Of them carried choice flesh. 1t is the
100 TO 1900 10 steers which are bearing
the brunt of the decline. and even il
further break Is not had for these
grades next Monday, in event Of
moderate run landing that day. il now
looks like a prospective IS 90 a $50 deal
for bulk of strictly good beeves of these
weights. while on basis of current
prices lot OF such stuff az sold last
Monday at $3.50 S.25 will then have to
go AT s150d7.s0.
The trade was yesterday at sea re-
garding supply probability next Mon
day. Guesses ranged at $4,000 to $4,000
but rush Of mail and telegra phic adj
vices to the country TO apply the
brakes and give the trade chance to
steady itself may have effect in check
ing car orders. A crop under 10000 is
certain TO be enough TO go the rounds.
Sheep.
Sheep and lambs were SLOW. Prices
were steady because of the lishtness
of receipts but there was not much de-
nand.
The week is closing with most lambs
showing l5-cent advance and with
sheep on full 15d25 cents higher
basis than week ago, the improve
rnent being effected by moderate
decrease In the weeks aggregate re-
ceipts at western markets. lighter runs
at eastern markets and early Week
prospects for better acting dressed
mutton trade. Dressed markets have
not shown the anticipated improve
ment, however, and weekend condi-
tons are not conducive for any en-
thusiasm regarding the prospects for
the establishing Of a still higher level
Of trade the coming week. Indeed.
traders are reluctant to express an
opinion on probable trade conditions
for the coming week. altho the major
ity are now eXpectant of some pyro-
technical advances before May is far
advanced. as a period of short receipts
of choice to prime lambs before
southern spring lambs begin to move
IN any great volume is indicated.
Chicago Livestock.
Chicago. Apriir 2e-Cattle-Esti-