Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-04-18
RECEIPTS FALL OF,
PRICES GO HIGHER
HOGS MAKE PARTIAL RECOVERY
FROM RECENT Low
LEVELS.
DECLINE FIRST FIVE DAYS
OF WEEK IS TO 80 CENTS
Liberal Increase in Cattle Supplies
During Week Cause Prices to Go to
Slightly Lower Basis-little Trad
ing at Weekend in Cattle or Sheep
Current Quotations.

Prevailing hog prices are lowest OF
the month. 25d30 cents off from early
Monday. 2O@25 cents lover than "a
week ago and so cents lower than a
year ago. Packers acted indifferent
early. but later purchased quite freely
having only $500.
The eleven markets received o3,VuV
hogs Friday, or 5000 less than week
ago and 5000 more than year ago
Total at eleven points for week thus
far 5000 smaller than week ago anu
II. 900 smaller than a year ago.
Cattle.
There was virtually no trade IN
cattle. ,;os
A fairly liberal increase in supplies
for the week is cause for the h.''e
power basis on the palmer grades ou'
beef demand has shown ability TO ao
sorb increased runs of GOOD cattie a.
fair prices. Total crop at chicago loi
the Ave days this week stood 4o'evv,
against 34,121 a week ago ana 4s'i'-
a year ago, while the six markets sup
plies Of 10000 for the week 10 oate
show $4,000 increase over last Weeh
and decrease of 10000 from mar
ke.ines YEAR ago Beef aplenty Is
being had all around the map IN con-
sideration of the slack consumer oul
let where the handicap OF 'noustr'ai
danression continues strong factor IN
reducinc consumers purchasing power
II is fel. especially in the east, put 10
col,y as we'll high retail costs are par
"a an expanding demand. altho in the
local market the small showing OF Ar
gan,,na beef has been nc factor In ef-
fectine the demand for corn belt pro-
duct.
Chicegoans who have sampled the
Argentine beef declare 1t INFERIOR III
every way TO domestic beef, ana there
is not cheap enough cost TO alioro !.
getting a foothold in the local TRACE
East. however, lot OF 1t is oeins SOU
much of the crop being pushed over
the country counter as homegrown
according to reports from there. Last
weeks big crop of Argentina peer a.
New York had slow sale, altho IN the
next few weeks only small supplies are
due to arrive in this country.
The past week there were shipped
from Ruenos Aires only 1000 quarters
| the product of 1000 cattle, and sucn
suppiy, due to hit market three weeks
hence. should hardly cause ripple IN
! the trade.
| The impression is gaining IN the
trade that worse spots nave been nit
all around and the fact that feeder
cattle are costing practically record
prices is causing a slowing up in mar
:ket;ng of the unfinished stuff. since
/ owners of it are against stlr cost
proposition in replacing cattle. Ten
dency is to feed out now On the mod
crate priced corn and this should have
some effect in narrowing the price
spread. altho it is still wide range in
the trade and should be, inview OF dis
| crepancies In killing figures.
Sheep.
Little activity was shown in the
| sheep houses offerings being scants
and unattractive to buyers.
! The market is showing decidedly
irregular basis Of prices as compared
with a week ago. Light and handy
weight wooded lambs show an irregu-
lar 1om25 cents higher basis than late
| last week and are at the highest levels
of the year, but the prices being paid
for the Colorado Mexican wopied lambs
coming are not a fair index to the gen
eral lamb market. They are enjoying
a stiff premium over everything else in
the wooded lamb line, very few north
ern bred Colorado lambs. though many
of them are showing as high or higher
finish than many of the high dressing
tidy weight 'Mexicans, being eligible tc
$40 because of their weight and
finished class of 90-pound Colorados
being quotabe down to So. extreme DIE
weights as low as $3.50. Few fed west
ern lambs coming are good enough tt
reach 1926 and hardly any OF tn
handful of natives here this week have
passed s7.75. practically the only IA
native lambs arriving being weightY
Reports from the southeast are sug'
gestive Of an early marketward move
ment OF Virginia, Tennessee and Ken
lucky spring lambs. Virginia is ex
pected to be able to shoot a good man!
springs into the jersey City narke
hopper by mid-May and by June l
free movement of southern spring
marketward is predicted, hence grow
ing scarcity in Colorado and corn-nei
territory is expected to be offset with
in few more weeks by the southern
crop of grass sheep and spring lambs.