Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-05-16
EASTERN BUYERS MORE OF FAC
TOR IN MARKET THAN FOR
SOME TIME.
OFFERINGS IN CATTLE
DIVISION CONTINUE LIGHT
Trade in No Condition to Stand Addi-
tionai Supplies-smail Supplies Tend
to Prevent Decline in Sheep and
lambs-Review Of Market cond tions
Current Quotations.

Chicago. May 16.-Cal from ship
pers today put fiImness into the hog
market. Eastern buyers We're more OF
a factor than for some time.
Eleven markets received 1880 hogs
Thursday. or 800 less than lass
Thursday, $500 less than year ago
and 1900 less than two years ago
Total thus far this week 243,0O0 or l.,
900 less than the same period last
week, $4,000 less than the like time
last year and $4,000 less than the COR
responding four days two years ago.
Total for 1913 to date 9,253,00O. or L.,
$4,000 less than the same period 1912
and $4,000 less than the corresponding
time 1911.
Cattle.
Offerings Of cattle were light. 1t was
said. however, that the trade was in no
condition to stand additional supplies.
For the week to date only 1880
cattle have arrived at Chicago, against
1864 a week ago and 3O.4hI year ago.
while six points run for the same per-
iod stands $4,000, a cut of $4,000 from
last week Still with this considerable
decrease in marketings. prices now are
showing only a steady basis with a
week ago for bulk of steers below
choice grade, and the little advance for
strictly wel-fed kinds is not good
criterion by which immediate future
prospects can be reckoned. Light beef
supplies and sluggish demand is a
poor barometer of the situation. and
with the stiller crop yet to be moved in
generous volume. as well as some lib
cral supplies of Texas stuff in eXpec-
fancy at river markets. there is nothing
in the situation which can be looked
upon as giving hopes for price better
ment in trade for native steers. Cattle
are running 100 pounds and more to
the steer heavier than last year and
this means several million pounds more
beef each week than came last year,
even where the supplies total on par
ity in numerical sense. 1t rs going
to require lot of cautious marketing
to lift the stuff off soft price spots now
current, according to trade views, and
this situation is likely to continue for
some weeks ahead.
Anything which lacks strictly good
beef-making qualities is getting price
discrimination. 4 lot Of nearly fat
streets are showing up, these being 100
to 1900 pound grades, and they are
going down from IS, the commoner
kinds selling around 1925 and some
steers of weight around 1900 pounds
and better have recently had to land at
s1.306p745, while Thursday a 1900
pound load of loosely made beeves had
to take $3.50. AS the season advances
and the trade gets larger quota of
the short-fed and warmed-up 100 to
1900 pound steers. as we'll as yearlings.
prediction is freely made that strong
price discounting will be had on all
classes which in dressing percentage
figure below so, and this weeks supply
has included a comparatively small
quota of steers which slaughtered bet
ter than to . points above that figure.
If the market next Monday gets more
cattle than came last Monday-1S,000,
in round numbers-some worse price
conditions than now current will be in
evitable 1t is a period when the con-
suner shows disposition to stretch
the purchasing power of the dollar or
buy less meat than previously this
season.
Sheep.
Small arrivals prevented a decline
in sheep and lambs.