Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-04-30
HOG PRICES STILL
RIDING 1OB0GGAN
PACKERS REFRAIN FROM BIDDING
AND ANOTHER DECLINE is
FORCED.
SALES MADE WITHIN
VERY NARROW RANGE
Cattle Quotations Upheld, Arrivals Be-
ing Moderate-Sheep and Lambs Rel
ativeIy Scarce-Review of Market
conditions-current Quotations at
Live Stock Centers.

Chicago. April S0--Packers holding
off today forced decline in the price
of hogs. Sales were within very mar
row margin.
Receipts Thursday were estimated
first at $4,000 and later raised to 81
COO. while some marks had it as high
as $4,000. Receipts We're much larger
than expected and with fairly large
runs at western markets packers in
sisted OH lower prices and had little
trouble in taking off on their buys.
/; There were 1884 hogs carried over
from Tuesday and the lay-over We'd
nesday was larger, as packers walked
away and left hogs at the finish.
Three days receipts at Chicago total
about 76, 500 hogs or 1850 more than
same days last week. 1900 less than
a year ago and $4,000 less than cor
responding period two years ago.
Eleven markets received $500 hogs,
Wednesday. or $500 more than last
Wednesday. $500 more than year
ago and 36lG0 less than two years
ago Total the first half of this week
a53. COO or 1900 more than same Pc
Rod last week, $4,000 less than like
time last year and $4,000 less than
corresponding three days two years
ago Total for 1914 TO date I.9Il,uU0.
or 267.oo0 less than same period 1913
and 1885, 900 less than corresponding
time 1912.
Cattle quotations were upheld. Offer
ings were moderate.
Shipper demand was neither broad
nor urgent enough to create any spec
ial influence in the trade. since the
eastern houses are patronizing Ken
lucky. Ohio and Pennsylvania feed
yards TO liberal extent at this time
and their orders in local trade are
naturally reduced on this account.
Movement in the east promises TO
continue on a liberal scale for at least
the greater part of May and it should
have no little effect here in checking
a bulIish trend of prices for practically
all grades.
The fact that the overgrown crop
sold at less decline than many had an
ticipated plainly attested need for
beef on packers part which they couid
not conceal all during the session, out
this weeks generous supplies, follow
ing a liberal crop last week (two con-
secutive weeks runs being largest In
two months past has necessarily wen
filled any little expanding demand TOT
beef that has been shown. That the
market can not show strength on con-
tinuance of generous movement is
plainly evident. but now that a Dig
crop has been moved out of territories
where taxes are levied May day, the
trade can reasonably look for more
normal supply, sellers believe, in keep
ing with proportionately small crops Of
far steers available in all sections.
Sheep.
sheep and lambs proved relatively
scarce.
Traders have become accustomed TO
| the unevenness of the market, but We're
against making concessions. even mo
| BUYERS complained of limited call for
/ the product. Buffalo reported steady
| market, with a light run. and best clip
| pers landed at s7.l5 there. Local re-
ceipts were fairly liberal for Wednes-
| day. and on that account sellers were
not very successful in their efforts TO
stop the downward trend of values.
| Trade was slow most of the session.
| and only a small share OF the crop
| changed hands before II O'Clock. but
F! hardly anything remained uusold at
the finish.
Colorado feeders are reiteratins the.r
seasonable declaration not to ill feed
lots next fall unless they can procure
lambs at least 81 per cwt lower than
was paid last fail when the stuff was
| contracted ar 5N5A cents on the range,
equivalent to 6L2 cents with freight
PAID to the Missouri river. Colorado
feeders have had a bad season from
several angles. Prices have ruled 80
cents per cwt lower than expected,
bad December storm cost them three
weeks feed and mortality was heavy
owing to tape worms. The claim is
made that as many as $4,000 lamhs
died in northern Colorado feed lots
during the winter on this account.