Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-05-05
PRICES SOMEWHAT DEPRESSED
BUT STILL HIGHER THAN
MONDAY OF LAST WEEK,
CATTLE PRICES INCLINED
TO TIGHTEN UP A BIT
Run Only Slightly More Than That Of
Last Monday-Shssp Receipts
Largely coorados and Demand is
SIaek-Priees Steady to 10 Cents
Down-Currsnt Quotations.

! ern demand lowered hog values today.
The run today was abou, $4,000 less
than last Monday, and altho prices were
We're much better than the opening day
a week ago.
Last weeks average price at $s.45
was lowest for any week since the
closing week of February, being 40
cents lower than previous week, So
cents higher than a year ago. $3.50
higher than two years ago and 81 low
er than three years ago.
The estimated average weight of
hogs received here last week was 245
pounds. or as heavy as any week in a
year. Average previous week 24i
pounds a year ago 2es pounds and two
years ago 243 pounds.
Eleven markets received $4,000 hogs
Saturday. being 5000 less than Il
| week ago and 1000 more than year
ago. Chicago had 900 less than week
ago and l,400 more than a year ago.
Combined receipts at eleven markets
for the week $4,000, or $4,000 more
than previous week, $4,000 less than
a year ago and 14s.o0o more than cor
responding week of 1910, when receipts
were very small.
For 1913 to date eleven markets re-
ceived s911000 or $4,000 less than
a year ago and $4,000 more than two
years ago. The years total however,
stands $4,000 smaller than CORE
spending period of 1905, when receipts
were largest on record.
Cattle.
The cattle only : little
than half that Of last Monday and
prices frightened up a little bit.
The situation calls for conservative
optimism respecting the trade in the
next few weeks. Tariff bugabo should
be considered as such. No flooding of
the markets with cheap foreign beef
seems possible. even If congress does
put meats on the free list. Money
may be a little tight, but there will be
lot of it spent per carload for steers
II feeders take gloomy view of things
in future and continue heavy liquidat-
ing.
1t is now a generous run both in
numbers and weight. April average
weight of cattle was 1,040 pounds, an
increase of Ill pounds over year ago.
and this meant heavy swelling of the
beef supplies into the markets. That
the crop will continue to come heavy
in weight seems certain. since cheap
corn and excellent feeding conditions
this season have meant a big produc-
ton of beef. Now the question is to
market II according TO trade needs, and
recent conditions in the market were
strongly suggestive of much-over-
supplied demand. AS the distilery crop
moves into the market in the next
thirty days some considerable IN
crease in good beef supplies can be ex-
pected. but the trade shows real need
for moderate general supply, and
with western markets getting no very
generous quota of hood beeves, and the
eastern territory also evidencing only
a moderate crop. demand Locally
should hold we'll up.
Last weeks run stood 4s,700, against
4s,422 the previous week and oS.415
wear ago. while there were shipped 49,
600, comparing with 1861 last week
and 20.061 a year ago. Net supply for
local distribution was 2s,700, against
33.S21 last week and 36,34S year ago.
Six markets run totaled 10000 for the
week, comparing with 12,400 last week
and 125,e0O year ago.
Sheep.
A large percentage Of the receipts in
the sheep pens was Of Colorado lambs
and these did not meet with an active
demand. Prices ruled steady TO dime
of.
Less bullish sentiment is heard in
trade circles relative to the proba bility
Of May supply gap developing that
would lift prices to new seasons high
levels than was in circulation week
or so ago. and it now appears the mar
ket hopper will be we'll flied for the
next fortnight, at least. While the
supply of Colorado and western Ne
! brasl:a fed lambs has been well
worked down there is d pretty good
crop of 'em in sight for this week
and a fair run due the week following
Thereafter only one or twQgood sized
strings from that section will be left
to come. it is believed. altho thorough
cleanup will not be effected before
June /. The supply Of choice handy
weights, however. will haye dwindled
materially before the close of May on
the most desira BILE grades is not a
trade impora bility. The price spread is
already showing a marked disposition
| to widen out.