Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-04-29
PRICES AGAIN SLUMP, coNcES.
sIoNs OF 10 AND is CENTS DE.
MANoED q YBUYERs.
ARRIVALS CONTINUE in
TOO LIsERAL NUMBERS
Cattle Offerings Much in Excess Of Re.
quirements and Quotations Are
Marked Down-No Active Call For
Sheep or Lambs-current Quotations
at Livestock centers.

Chicago April 29-Hog prices ranged
being liberal
! While prices have declined right
! sharply since early Monday morning
present values, comparing with CORE
I spending Tuesday in previous years,
( are very high.
/ In fact. barring corresponding Tues
day in 1910, current quotations are
highest on record for last Tuesday in
April and $3.50 above three years ago
yesterday.
Packers for some time past have
made the claim that hogs and product
are too far apart and that hogs would
have 10 sell considerably lower to give
them 81 margin of profit.
But a. this particular time the ten
dency seems to be downward, as for
instance. the average price year ago
declined ~ cents in two days or from
$3.50 to sS.3S.
/ The first two days of this week
eleven points received 5000 more than
week ago and $4,000 less than a year
F.; ago. Chicago alone being credited with
$500 more than a week ago and 2l,70O
less than year ago.
Cattle.
| Cattle offerings were much in excess
of requirements.
On the choice yearlings. supply Of
which is running small, it is a good
general deal, however, as well as for
the weH-tinished handy and strong
weight steers. since quota of them is
! no larger than the trade apparently
needs at this time. Runs at the river
| markets are including few strictly
"ell-bred steers. as evidenced by small
trading there above $3.50, while south
, at Fort Worth it is mostly a grass-fed
crop selling downward from s7.40 East
ern points are getting fair quota Of
pretty good killers and a decent crop of
this stuff is going direct from feed
yards to killing beds, all OF which has
effect IN holding down orders from the
east for the medium to good steers.
Best call from that quarter favors the
choicer grade heavies. New York and
Boston killers particularly being good
buyers.
A small showing of really choice
heavy steers is coming now, evidencing
paucity Of winter-fed supplies of big
cattle in the feed yards at this time,
tho high retail costs are having effect
In holding down demand even for the
prime sorts and bullish prospects for
. that kind are by no means luminous,
consumers purchasing power being re-
duced, it is proving a strong handicap
gainst a higher trade for the best
heavies
Two days run this week stood o.
500, against 29,3Ss week ago and 81
277 year ago. There were 10000 cat
tie at six western markets Tuesday.
against 22.l00 week ago and 21,s00 a
year ago, while for two days this week
total at these points stood $4,000 a de-
crease Of $4,000 from week ago and
1900 less than year ago. Tuesday
crop comprised a fair share Of light
habitat stuff including numerous year
lings Of this description, and such
grades were especially mean sellers
This poorer flesh class of goods coming
now and taking a heavy fill. makes its
dead cost mount up close with the bet
ter quality yeariings and killers are
engineering a campaign to widen prices
, on such goods which is likely to con-
, tinue in force indefinitely. Whenever
, feeder. inquiry for that class drops OFF
| bad packer market can only be the
rule
Sheep.
There was no active call for sheer
or lambs.
Traders are surprised at the scarcity
of springers here this season. as by this
: time several loads usually show w
from native feed lots. but it looks az
, tho packers will get very little unit
, the southern season is on. Buyers were
, exacting as to weights Of most lambs
particularly when competing for the
wooled stock and general demand wa:
most urgent for those weighing 10 to Z;
pounds. altho those around so pound.
were not complained about very much
but anything weighing IS pounds anc
heavier met limited call.