Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-04-12
NOT DISPOSED TO PAY
ADVANCE DESPITE SMALL.
NESS OF RECEIPTS.
FORCE PRICE UP
EARLY BUT REACTION ENsUEs
Cattle Prices NominaIIy Steady, With
Trade Dull Toward Ciose-Sheep
Show Some Activity and Prices Are
Generally Steady-Review of Market
Conditions-Current Quotations.

chicago, April l..-I he weekend
hog supply was light but as the pack
ers We're not disposed to pay the cents
advance that speculative early buying
brought about, there was reaction,
and the early upturn was lost.
Combined receipts of hogs at eleven
markets Friday totaled 10000 or 20
400 less than last Friday, $500 less
than a year ago and 1900 less than
two years ago. Total five days this
week footed So. 900, or $4,000 less than
the same period last week, $4,000 less
than the like time last year and $4,000
less than the corresponding five days
TWO years ago. Total for 1913 to date
aggregated 7,11S.o00. or 1,179,00o less
than the same perioa 1912 and $1,000
more than the corresponding time 1911.
cattle.
The cattle trade was nominaily
steady but the market was very dull
toward the close.
The trade is looking ahead to next
week with some anxiety. y heavy early
week supply is probable. Muddy feed
yards are expected to drive out con-
siderable crop OF stuff, which doubtless
changed. and this applies particularly
to Iowa and sections OF South Dakota.
In the latter state heavy snow has
been had in recent days and reports to
the local traders today We're to the eff
feet that lot of feeders are DESTROYS
of cashing in. There is expectancy of
$4,000 to 25.00v cattle landing here next
Monday. but the trade IS hoping for a
III
local klllers-as we'll as shippers-have
had their fill this week, and in contrast
TO the conditions 4 week ago, when the
strong close was an inducement for
generous loading out of cattle, the sit
uation now calls for a lot of conser-
vative marketing.
Another big run next Monday, such
as came at the start this week. would
put the killers in strong position to
hammer prices down to their liking.
The southwest is running fair quota
of stuff now and with Texans coming
as factor in the native beef trade ter
ritory. it is natural that the southern
stuff should effect a Ineaner price basis
for the short-fed and warmed up ma
tives that cut up into beef against
which the Texas carcasses are strong
competitors.
The trade is not worrying much over
prospects for the choicest heavy ana
handy weight steers, but these are
comparatively small factor in the gen
eral supply They command prices
close UP to last week, by reason of the
favor given choice stuff in beef circles,
and they are cheaper in the beef than
$S.OOd SIS kinds. 1t is the in between
IL III
further in value.
Agitation over free meats is throwing
a scare into a lot of traders who early
this year We're looking ahead to a re-
turn Of the very high prices next sum-
mer and fall which prevailed at that
time last year. 1t is figured that a free
meats bill. if it goes thru congress,
would afford the eastern territory get
ting a decent sized supply Of South
American beef within few weeks af-
ter passage. and altho England would
still be a strong competitor for this
stuff the American packers will natur-
ally hunt the market which gives them
the most profit. If free meats will
have effect in holding down prices for
cattle produced in the corn belt it IS
believed that no small share of the
South American product would be di-
rected into the seaboard markets.
Sheep.
Sheep showed some activity and
prices We're generally steady.
Loading in Colorado for next weeks
market has been heavier this week
than last. but no big supply from any
source seems probable for the coming
week The available supply is in
strong hands and if eastern dressed
markets can be held at their presen,
high level the trade has little 10 fear
in the way of sharp. lasting declines
for stock on foot for the near future
as any severe break will promptly
check the market movement. How
ever. prices are on very high basis
and the turn for the worse in dressed
trade conditions since Wednesday,
with the heavier western slaughter this
Week than last, might easily create an
overburdened dressed market that
would easily result in declines which
would temporarily affect adversely
hoof prices.
Few feeding lambs have been avail
able this week. but few were wanted.
Free wool threats are doing this end
of the trade no good. One ten-car
string of Montana feeding lambs ar
rived at midweek, the best of which,
desirable sixty-five pound class, SOLD
at $40. fair fifty-six pound cut at
1919 thin lights at So, and extreme
tail-end fortytwo pound weights down
to 1925 Sheep and yearlings offered