Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-05-11
SUPPLIES Of HOGS
EXCEED DEMANDS
OFFERINGS TOO PLENTIFUL FOR
IMMEDIATE NEEDS OF PACK.
Frs AND SHIPPERS.
PRICE CONCESSIONS IN
ORDER TO MAKE SALES
Cattle Receipts Prove to Be About
What Trade Expected - Sheep and
Lambs Sell Higher Because Of Mod
crate Arrivals Review Of Market
Condt Quotations.

were too plentiful today for the i'm
mediate demand. Prices slumped
! Receipts of hogs at Chicago stock
yards for last week totaiel $500, the
lightest in over month. n 26,S00 less
than the previous week. $500 less
than same week last year and 1880
less than corresponding week two
years ago.
Estimated average weight Of hogs al
Chicago for the week was 233 pounds,
or one pound lighter than the previous
week, six pounds lighter than same
week last year and six hounds heavier
than corresponding week two years
ago.
Top hogs at Chicago for the week
| SS.67la. the lowest since last week of
| January. against $3.50 the previous
week, $3.50 same week last year and
S7.95 corresponding week two years
ago. Average price figured $50. or
3 cent higher than preceding week, 10
cents higher than a year ago and 81
cents higher than two years ago.
I Eleven markets received A4.l00 hogs
Saturday. making 3SS.000 for the week,
$4,000 less than previous week, $1,000
less than same week last year and IA
600 less than corresponding week two
! years ago. Total for 1914 to date
J S.517 900, or $4,000 less than same pc
riod 1913 and 1596.o0 less than CORE
spending time 1912.
! Cattle.
! Cattle receipts proved to be about
/ VIVA. the trade looked for.
! the trade looked for.
( The total crop the past week stood
$500, aga inst 1920 the week before
and Ais a year ago, while shippers
bought 1900, leaving 22,400 for local
! distribution against 2S.2l3 the pre-
vious week and 29,50s a year ago in the
week. against 10000 the previous
week and 40, 500 a year ago
Supply situation and beef trade ac-
! ton made the decline look inconsistent,
bur industrial conditions are not such
! as make Z good and lasting beef trade
/ possible. Costs al retail are high and
/ the consumers purchasing power is
considerably reduced compared With
other years. Too, the increased move
| ment Of eastern-fed cattle. which will
| continue for some weeks ahead must
be reckoned with as a factor trimming
| down eastern orders. and until free
selling east, as We'll as the stiller crop
in Kentucky and Ontario is disposed OF,
a set or unevenly frequently Huctuat-
ing market IS due.
Argentina again looms up as strong
competitive source, cable advices be-
ing to the effect that $1,000 quarters
of beef were loaded at Buenc@ Aires
the past week for New York. and these
will arrive three weeks hence, effecting
a crowded market eastward, while in
the next two weeks only moderate
quota Of imported beef will come In.
but this stuff is now being TO interior
points few cars here and there even
Chicago getting small quota Of it.
High point the past week. $3.50 was
made Monday but very choice steers
sold Wednesday at s930m9.50. and d
comparatively short quota went above
5000 all during the week, even though
general supplies carried decent pro-
portion of choice goods. Spread OF
4O4sS5 has taken bulk OF good to
choice steers since Monday. and these
showing smaller fills than Monday,
hung up on he hooks at fully % cents
decline and more compared with killers
buying in the initial day.
Sheep.
sheer and lambs advanced owing to
the small receipts.
Sellers insisted on better prices for
lambs each day of the past week ana
the result was that at the close buyers
gave more money than any time OF the
season for wooded and shorn arrivals.
while the former kinds stood the high
est since April Of last year. Buyers
occa sional attempted TO check the
advance. but were never successful.
Closing prices on the bulk OF shorn Of
ferings looked 4Od5 30 cents higher than
at the finish the previous week. while
wooded arrivals were up aOn60 cents.
Gains were made in the face of nor
nam receipts but the competition was
keener because Of the improved
. dressed market in the east and the
wane of the Colorado season. Ship
pers were fairly liberal buyers and the
, CITY butchers took several loads OF
; choice to prime wooded and shorn Of
, ferings Packers were good buyers
from start to finish and wanted offer
ings as much at the close as at the
: start All buyers we're best bidders fol-
the handy weight kinel and naturally
that class sold at premium.