Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-04-23
DEMAND FOR HOGS
BECOMES ACTIVE
PRICES TURN UPWARD AFTER
OPENING OF WEDNESDAYS
LEVELS.
ACTIVITY LACKING IN
TRADE IN CATTLE
Eastern Trade Getting Small Guam
titles Of Argentina eesf-War Prep.
arations Do Not Stimulate Demand
Quotations For Sheep and Lambs
Sags-Review Of Market Conditions.

Wednesdays receipts we're estimated
at 10000, or about as expected. Run
was rather uncertain, as one train OF
hogs was still back late in day and it
was doubtful as to whether they would
arrive in time to sell. With lay
over from Tuesday Of 3,515 total offer
tngs were quite moderate. but this fact
did not stop packers in their bear raid
on prices. They held out for lower
prices right from the start, and hogs to
them were at the low time of day.
With the new decline in values mar
ket stands the lowest since Feb. in
both point of top and average sales.
out of line with general market. Ship
pers were credited with taking about
5000 head, while about 5000 went over
unsold.
Three days marketings this week
stand about 62.7 head, being 200
more than same days las, week, 2l.0oo
less than year ago and AGO less than
corresponding period two years ago.
Armour had over LOO hogs in direct
from another market.
Cattle.
Cattle trade was slow.
Killers have abandoned. temporarily,
at least, the claim that pad beef move
ment was blocking their demands for
cattle. and. although they have ham
mered prices with some severity thus
far this week, it is evident that the
increased run has not come at time
when 1t meant a badly congested situa-
ton in coolers. Eastern beef trade is
getting small crop of Argentine
product now and there is comparative
~ little Of it being transhipped TO in
terror points. but with Ohio. Kentucky
and Pennsylvania unloading no small
number Of winter -red cattle Of medium
to good grade into the eastern killing
plants beef plenitude Is written all
over the trade, and prospects OF i'm
mediate repairing OF late price damage
to other than prime goods does not
loom up any TOO strong.
Mexican war troubles. killers say. are
not likely 10 create very big call fer
corn belt beef to go that way. since
Argentine competition will probably
be even a stronger factor in supplying
the army and navy conlmtssaries than
it has thus far proved in the domestic
trade.
Supplies ran literally ali around the
market circle Wednesday and a total
OF %. 500 was had at six western points.
though it vas light run east. The
local crop al 1900 stood against r.
147 week ago and a2.i4i a year ago.
making a three dayss run Of 49, 400.
largest for this period IN two months
past, and comparing with 1892 a week
ago and i3.3S4 a year ago. Half weeks
run at six points stood 100000. an in
crease of 10000 over week ago and
1000 less than a year ago.
Local supply included fifteen loads OF
stillers from the Morris feeding plant
at Peoria, which was partly destroyed
oy fire on Monday. The siiller arrivals
were termed singers by the trade,
since some Of them showed scars Of
the battle with the flames. They were
taken Tor slaughter by the Morris con-
Germ.
Sheep.
Quotations for sheep and lambs
sagged.
Shorn lambs went on an uneven
to 10 cents lower ard occasional safes
Buyers bid 1o915 cents lower for the
bulk and some lots eventually showed
the extreme depreciation. Market was
very unsettled from the outset and sell
lers found most buyers sps-ing with
their bids during early hours 1t vas
a slow trade most of the time. but in
the end the crop was fairly we'll cleared
even tho several loads we're still unsold
ar l o'clock.
There were a few country buyers
here for stuff suitable for shearing pur-
poses and anything available held fui-
" steady When It came to the wooded
Colorados the sellers insisted on steady
prices and up TO a late hour had not
budged IN their ideas. aitho packers
and other buyers were out to get them
at least 10 cents lower. and some in
sisted on IL cents reduction. Sellers
knew Of slight gain in the east and
that made them somewhat bullish in
their demands.
Gradual tendency Of prices for fat
grades has been downward and wooded
and shorn offerings shared alike. Pres
ent values rule mainly 15125 cents
lower than close Of last week and in
some instances the loss is greater.
Unevenness OF the recent trading
makes comparisons vary but sellers
look for little improvement in condi-
tons Quality was about as usual and
bulk OF offerings were in good flesh,
with most Of the wooded Colorado
Mexicans choice to prime.
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