Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-04-28
TRADE VERY DULL AND SOME
SALES MADE 2o@e5 CENTS
UNDER SATURDAY.
PACKERS SLOW TO TRADE
AND SHIPPING DEMAND POOR
Big Receipts Also Send Cattle Prices
off-DseIins From Saturday 10 TO 20
cents-Sheep Trade Affected by De.
elines in Other Livestock Markets
Current Quotations.

Chicago. April 2s.-Heavy receipts
depressed hog prices today. Packers
were slow to enter the market and
there was not very good shipping
demand. Some sales were made at
prices averaging 20 to % cents below
Saturdays quotations, but the market
was very dull.
Estimated average weisht of hogs
received here last week 24c lbs, against
s4o lis. previous week, $50 lbs a year
ago and 246 pounds two years ago.
The weeks average price at 1855
was lowest since the week ending
March 10. against 1905 previous week.
$3.50 a year ago, 500 two years ago
and $3.50 three years ago.
third more hogs arrived at eleven
markets than we're recorded a week
ago. The total at $4,000 was $4,000
larger than a week ago and 5000
larger than a year ago.
The weeks hog run at eleven mar
kets totaled 100000, being 10000 less
than previous week. $4,000 less than
a year ago. $4,000 less than two years
ago and $4,000 more than three years
ago, when the total was smallest on
record for this time of year.
For 1913 TO date eleven markets had
S,035 900. or 100000 less than a year
ago. 5000 more than two years ago.
100000 more than three years ago
and 2,12l, 900 less than corresponding
period Of 1905. when receipts were
largest on record.
Cattle.
Big receipts sent the cattle prices
off. the decline from Saturdays aver
age being from 10 to 90 cents.
Reasons for the oversupply recently
have been nunlerousiy accounted. Rush
of farm work was one cause, fear of
free meats and lower cattle tariff legis-
lation was another, and disposition Of
moneylenders to refuse extension Of
loans was doubtless also another factor,
while the desire Of many feeders to get
rid of matured steers before corn plant
ing also had some effect in overcrowd-
ing the trade. Heavy beeves a-plenty
are known TO be in the country. and
S weather warns UP they are destined
to get second favor as against the
handy weight stuff. This was another
reason for generous shipping of weighty
cattle and resulted in big crop of fat
1850 to 400 lbs grades, while heavier
crop of light and yearling kinds this
week was largest of season to date.
and gave some indication of the hurried
making of beef. which has been done
in many sections If the country this
winter Young steers have been crowd
ed TO the limit in feeding, with result
that a big crop of yearl!ngs for May
trade is in prospect.
= Itrvt>f
in the trade Things looked propitious
for return to a firm price basis. and
light run at the start this week
helped to give the market some bullish
sentiment, but it is now gone Gloom
in thick chunks has settled down over
the whole trade and il is going to re-
quire a lot of bracing up on part of
feeders. who may nov be looking upon
the situation as lacking hope of bettered
conditions. if further Generalization of
values is TO be a:erted
This week. particularly. there will
be needed short supplies. Surplus beef
in coolers puts killers in a strong po-
sition to dictate terms. and continued
generous receipts can only mean
further decline
Sheep.
Inc sheep lfa1e WAS Affected u! III
declines in other livestock markets and
prices eased off sharply.
; Trade on feeding stock is a very mar
! row one. Very little of feeder class is;
coming and demand is limited par
ticularly for light thin stock that can
not be finished for this seasons trade
Chicago has been the only western
market to show an increase in receipts
the past week over last. The gain here
has been about $500. but Omaha has
decreased 800. and less marked de-
creases elsewhere make the six-point
total for the week stand at $4,000. or
s.NQo less than last week and 5000 less
than d year ago.