Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-05-07
STRONG DEMAND
HELPS HOG MART
SHIPPERS AND SPECULATORS &C.
TIVE BIDDERS FOR
OFFERINGS.
PRICES MAKE GAINS AS
RESULT OF COMPETITION
Wet Weather Has Depressing Effect on
Trade in Catte-HoIders Show Con-
fidenee in Values Of Sheep and Lambs
Current Quotations at Livestock
Trade Centers,


vanced today in response to a strong
shipping and speculative demand.
! This weeks run has been very small
at all outside markets. the eleven lead
! ing points receiving only $4,000 for
! the past three days
/ The weeks combined receipts prom
! Use to be much smaller than in other
years. the eleven points getting $4,000
! a year ago and 100000 two years ago
I this week
Receipts here Wednes day. estimated
late at 1900 included $50 direct to
| Armour and 539 direct to Swift from
! outside markets.
! Shippers took 5000 and purchased
! most of the hogs sold above $3.50. pay
ing $3.50 for l65 1898 pound Workers
and butchers
A desirable class Of mixed packing
sold at sS45 and common to good heavy
packing sold at sS10MS.35, mostly in
small lots.
The supply of pigs was moderate and
the demand fairly good at strong
prices. Stays sold fully steady.
good many going at sS,So@s.9o.
Prevailing hog prices stand "a 10
cents higher than a year ago. b5a -
cents higher than two years ago. $3.50
q go higher than three years ago and
$1lOMl.20 lower than corresponding
day in 1910 when the top was $3.50 and
average 1852.
That the hog market will work along
thru May CT an SMS12 cent basis is the
opinion Of most people in the trade
Provision stocks and sentiment are
both against materially higher prices,
while there are not enough hogs in
the country 10 warrant prediction on a
severe break For the next two weeks
the country will ne busy planting corn.
and light receipts VIII be the rule. but
the usual May run Will be cut loose
thereafter. and while 1t may not prove
of seasonable proportions there VIII be
! enough to go around.
Cattle.
Wet weather had a depressing effect
on the trade in cattle.
Local run Wednesday at 14.5Oo was
! more than half the crop at six mar
ke,s, and stood 400 less than last
Wednesday. while the half weeks to-
tai at Chicago. 33.T00 compared with
.ce2 week ago and 42,192 year ago
At six markets mldweek crop was
! 25.7OO against $4,000 week ago and
/
supply at these points stood $1,000,
decrease OF 10000 and 10000, respec-
lively from week and year ago.
| This shrinkage in supply at the lead
! ing markets. together With the shorter
! crop than expected now moving into
] Fort Worth. should put sellers in
/ strong position az this time. particular
! IL with beef trade showing a little bet
! nd
! Conditions are such as should make
firm toned trade strongly audible at
this time and supply situation is not
worrying sellers with regard to the
! Immediate future. Still. the killers pn-
on the brakes and competition was not
strong enough to prevent mid-Neek de-
/ cines.
A fairly liberal showing 81 high quail
itv good was made in the mel-Week
trade. tho prime goods we're very
scarce and few trades were above 500.
| 4 two load drove of choice l4iS pound
Hcrefords sold at $50. but the supply
| carried nothing as prime as the $3.50
| TONERS of Monday. Only few lots OF
| choice heavies went at $50 n S9.4o.
| while a fair quota Of well finished
| heavy and handy lots cleared at s9.oo
! 0e20 Including yearlings. but there
| we're few warnings Of class to neht
| 80 90 altho generous crop of BABY
heeves was offered, most Of them lack
I ing smooth finish. and bulk of decent
70 good ones made $3.50 1S.Io.
| Sheep.
| Holders showed much confidence re-
parding values for sheep and lambs.
Higher prices eastward did not seem
70 have much influence on the buyers
who had orders to buy most lots lower
but it probably helped the sellers IN
checking the reaction. Buffalo had Il
light run. with top Of IS. the h'gn
est of the season. for clippers, while
Pittsburgh reported best shorn oner-
ines ND to s7S5. While the local run
was Of good volume. practically none
of the other western markets had any
great amount on sale. and that made
the total receipts around the clrcult
moderate for Wednesday, Combined
run for the week to date was mucn
smaller than same period last week
and corresponding time last year.