Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-04-13
HOG OFFERINGS N
MODERATE SUPPLY
PRICES ADVANCE SLIGHTLY
WHEN RECEIPTS FALL BE.
Low EXPECTATIONS.
CATTLE TRADE TURNS
WEAK ON SLACK DEMAND
Arrivals Of Argentina Beet in East
Has Demoralizine Effect on Trade
AItho Shipments Are Of Inferior
ouaIity-sheep and Lambs Scarce
Review Of Market Conditions.


ket lifted today.
There practically never was a week
before in the history of the trade
when the spread in prices between
common and best was any narrower
and the market any stea der. The daily
average price last week covered only
. cent range, $3.50 being the popular
price throughout the week. while only
one load sold any one above $500.
Hog receipts at Chicago stock yards
for the week totaled 10000. an in
crease of 1890 compared with the
previous week, 1900 compared with
same week last year and a decrease
of 1880 compared with the CORE
spending 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. 9 pounds lighter than
same week Last year and pounds
heavier than corresponding week two
years ago.
Top hogs at Chicago for the week
made 1895. against s.S5 the previous
week. $40 a year ago and ss.05 two
years ago. Average price figured $3.50,
the highest since the closing week of
last July, or 10 cents higher than the
previous week, IS cents lower than the
same week last year and s1.00 higher
than corresponding week two years
ago.
Eleven markets received 10000 hogs
Saturday. making $4,000 for the week,
or $4,000 more than the previous week.
$4,000 more than same week last year
and $4,000 less than corresponding week
two years ago. Total for 1914 to date
6.sss.o00. or $4,000 less than same
period two years ago Total for 1914
to date 6.969,o00 or 137 900 less than
same period 1913 and 1926. 900 less than
corresponding time 1912.
Cattle.
There was weakness n the market
for cattle.
Argentina beef competition is a
strong factor eastward. not alone in
New York. but is smaller cities as well.
It is being transhipped from New York
TO points south and west, and some OF
il is again due to come 20 Chicago this
week, but as a factor in the local beef
markets il promises to cut small fig
ure in competitive sense. Consumers
, are not taking very kindly to Argen-
tina beef. Its flavor is not to their
liking, and price is not reduced enough
! from domestic product cost to make
that a big inducement. However. the
Argentina beef has cut 4 hole Of no
mean dimensions in eastern demand
for cattle since the initial importations
came into New York. and it must be
reckoned with as a competitive force
certain TO have a regulating influence
on prices for the medium and plain
quality native steers. Had il not been
permitted to come free of duty into
the United States trade experts de-
clare that current prices. even for the
palmer grades of native steers. would
now be 81 or more advanced by reason
Of the short receipts locallt. as we'll as
in the western markets thus far this
year.
Argentina competition has not hurt
/ trade for the long fed choice. heavy
steers not choice yearlings. because
these carcasses go to fiji q higher class
demand than the imported product can
hope to reach. but choice to prime
| grades have failed TO make a price
| level as high as the trade expected.
chiefly for reason that demand for this
| class has also suffered its share of de-
/ pi cSSicll ~ lSdStiI VI AISll lSldll
The choicer grades right pow. however.
are in better position to show upward
price tendency later this season that
the medium and plain classes. since
there is certain to be growing scarcity
Of them
Last weeks total run OF $4,000 stood
against 2s.ss1 the week before and So
! SIS year ago. Shipments were a.
300. leaving only $4,000 for local dis
! tribution. a crop considerably less than
a generous one days supply, compar-
/ ing with 21,s39 the week before and
29,9+6 a year ago.
! With Lent over and little stimula :
ton behind beef demand, Some more
favorable markets should. be forthcom-
ing. tho the eastern territory has a
| considerable crop of winter fed cattle
to go forward in the next six weeks
more than in recent years, while there
is prospect of some coming from On
tario. and 1t Is likely that small sup
plies locally, and in the west, which
are certain, may in some measure b:
| Offset by the eastern runs, enough so
at least, to bar any very strong up.
trend in prices for most grades.
Sheep.
Sheep and lambs were scarce.
A moderate supply is expected thi.
week, few Colorados being on tn,
horizon. Some sections Of Colorado ar,
closely shipped out, especially tn,
Greeley district. It il estimated tina
northern Colorado has the smallest Dor
ton Of its winter male crop back thar
In many years past at this tuncture
The handicap Of the market the pas
week has been the overload all rouns
the circle on Monday. The crop at 81,
western points Is 100000 or 5000 les
than the previous week, but 10000 NOR
) than a year ago. Had the Monday run
been a few thousand lese the selling
side would have had much easier sled
ding. Since the bad initial session tn
market has given very creditable &C
count Of itself.
There has been marked scarcity q
! yearlings. especially wooled stock. Thi
. scarcity argument also applies 70 sheer
} and as result the spread between. ma
; ture Enuttons and lambs@ q 9nArrCwe
: than in long time back. Heav
. wethers, ut for steamboat trade ar
very scarce. some choice big stun max
a - eS,,ot, .1,oAn opAluNa lANvA~. q