Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-04-07
GOOD DEMAND FOR BETTER
GRADES AND SMALLNEss OF
OFFERINGS AID MARKET.
STRONG TO SHADE HIGHER
THAN SATURDAYS AVERAGE
Liberal Receipts Of Cattle Result in
Easing OF Of Priees-considera5 bio
Falling OF in Sheep Trade-Review
Of Market Conditions-current Quo
$afiops

| Chicago, April 7.-Western hog re-
| ceipte today were only $4,000, and tins.
! coupled with a good demand for the
better grades. made the market strong
! 10 a SADIE higher than Saturdays ave-
rage.
; Last weeks receipts Of hogs totaled
10000, being the largest for any week
since January. Saturdays arrivals
! were 1900 and the layover from Fri
| day 6.306.
While Saturdays average price was
! 1sc lower than a week ago, the week s
/ average al $500 was the highest since
| July. 1910.
| The weeks average weight estimated
! at 24l lbs was pound lighter than
! previous week. which was the heavies.
since last August.
! Packers bought $500 and shippers
| 5000 Saturday, leaving 5000 in the
pens.
Liberal cattle receipts caused an cas-
ing off in prices.
The recent advance is logical in
view of a better situation in the beef
trade. but current prices on steers are
on relatively high basis, and particu-
larly the short-fed light and handy
era des. which are costing the same
price in beef as the well-finished. big
consumers of corn. Killers played the
| bear string az long rs 1t was good pol
| icy. but a return of better beef trade
! conditions east, together with con-
tinued small supplies, has taken the
trade situation we'll out Of their grasp.
| \ broader demand for beef could not
/ be filled readily, since the local houses
/ have been running on a hand to-
mouth basis for weeks past, and new
beef calls simply mean getting into
the market and corralling the stuff to
! fill them.
/ Whether the advance will start an
oversupply here for this week remains
( TO be seen. Rush Of spring farm work
would seem likely 70 check a lot OF
! shipping activity. and this should be
some salvation from speedy reaction in
values The trade at least will need a
normal crop in the first part OF next
week, and under supplies of moderate
| volume no very severe price dents can
De punched into the current basis.
A top of $500 last week, only 10
cents higher than week ago. plainly
showed the choicest big beeves. TO be
less urgently needed than next best
kinds Still, this high spot was best in
two weeks past. and as supplies OF
choice heavy beeves are likely to come
| forward in only fair volume in the
next few weeks. there appears now
small chance Of the $500 quotation
being effaced. a year ago last week
top was $50. and two years ago
choice heavy beeves went at $40.
Sheep.
There was quite a falling off in sheep
trade.
Supply increased moderately here and
az other western markets last week
over the previous week, the local sup
ply being about $4,000. against 1921
the previous week and s8.777 a year age
and six western markets having re-
ported an aggregate of $4,000, com
pared with 1853. 900 the previous week
and $4,000 a year ago.
Reports from the southwest are that
the seasons supply Of Texas grass
sheep will be short of last year. wher
the movement reached very liberal pro-
portions the latter half Of April anc
was of fair volume during the first hall
of that month Fort Worth has had a
few shipments of grass Texas sheep
and Kansas City received on Thursday
of this week its first Texas grassers Of
the season 10000 head of fair feshet
full wooded wetflers that sold at s6.lt
In some sections Of Texas grass is good
and ovine stock in good condition. Will
other parts of the Texas range countr!
are dry Rus Hamilton. probably the
largest handler of sheep in Texas. ha:
completed the shearing Of $4,000 New
Mexico wethers. bought last fall ant
wintered in the Del Rio country.