Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-03-11
PRICES TURN DOWNWARD WHEN
RECEIPTS PROVE GREATER
THAN EXPECTED.
TOTAL ARRIVALS FOR DAY
GREATER THAN WEEK AGO
Cattle Arrivals About as Expected and
Prices Hold Steady-Sheep and
Lambs Lower Because Of Heavy
Offerines-Review Of Market Condi-
tions-Current Quotations.

Chicago, March 11.-Prices turned
downward today, influenced by heavier
arrivals. The total was in excess OF
that for the corresponding day Of a
week ago. Prices at the close were
cents lower.
Sixteen thousand fewer hogs arrived
at eleven markets Tuesday week ago
and 5000 less than year ago. Chicago
had 5000 more than a week ago. while
practically all the outside western mar
kets were credited with less.
Kansas City and ST. Louis each had
1000 less. ST. Joseph decreased $500
and Omaha had few hundred less.
Eastern points were unusually small,
Buffalo having 5000 less and Pitts
burgh 1000 less than previous Tuesday.
Following the smallest weeks run
since last July. with two exceptions.
suggests the futility of attempting bear
campaign. No claim is made that the
1913 crop has been exhausted but
there is at least suggestion of i'm
pending scarcity in such supply con-
traction and it certainly demonstrates
the independence of the growers posi-
ton. Only $4,000 hogs reached eleven
markets Monday. against $4,000 year
til country buyers are in a position to
pay sS.25 at interior loading points,
which will necessitate an 1915 market
here.
Cattle.
Cattle supplies proved to be about as
expected and quotations held steady.
While no foreign beef reached New
York last week, several cargoes are
in h1a frnzan
stuff is on hand. This frozen beef, not
being suited to shop trade. goes into
storage on its arrival to be peddled
out as opportunity offers. and consti-
tutes a reserve, available for restau-
rant and hotel trade that is always a
handicap to the fresh beef market.
There is a prospect that two direct
cargoes from the river Platte will
reach New York this week.
The trade is facing the fact that
PENNSYLVANIA tucked away a lot Of
Virginia and Ontario cattle last fall
and that they have been in the fin
ishing process meanwhile. This run
is in the inception stage and is already
seriously curtailing competition here
The Consolidated concern of Philadel-
phia is now getting nearly all its cattle
in nearby territory and demand from
that source will be anything but
healthy during April and May, when
the bulk Of the Pennsylvania crop Will
be cut loose.
The break last week was most Sc
we're on sS.25GS75 grades, but lot
OF good cattle sold at 50 Monday that
looked 30 cents lower than last week
close. The Hord cattle at $3.50 looked
suspiciously like 50 stuff at the best
time last week. While good yearings
made 1895. it was sale to city
butcher and looked scratchy, as pack
ars bid 80 for the same kind Some
1910 steers Monday would nave
crawled close up to $3.50 at the best
time last week.
Sheep.
Sheep and lambs were lower because
oS s,lpplies more than sufficient TO meet
demands.
The return of the Scent lamb was
chronicled Tuesday, city butcher
paying the price for three decks 81
very prime eighty pound Wisconsin
westerns Of the feeding OF Waiter
Young. but they were in a class alone
in the fed western delegation and the
price. tho warranted in comparative
sense, was not ldlI SiieSi ioAi VI .
general trade. Most Of the choice
handy Colorado fed lambs sold at $40
ass, latter figure being the packer
limit. but frequently reached and also
paid by packers for some eighty hve-
pound fed westerns. Close 10 Sixty
five doubles of Colorado-fed lambs
were included in the receipts, big feeo-
ing stations around Chicago having
Yesterday
supply. Some rather hidey seventy =
six pound Colorado-fed Mexican lam S
sold down to s7.65 and good Dig "elsh's
were only wanted below the le'ei. a
few choice, but strong weight h!.i.
lambs sold to a shipper up 10 go
We'd westerns at s7.5Oa7 $50. if light,
had little to recommend them, but mad
to be ripe, if heavy to make the Hiohe!