Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-05-24
RECEIPTS EXCEED
MARKET DEMANDS
ARRIVALS IN HOG DIVISION
MUCH MORE NUMEROUS THAN
EXPECTED BY TRADERS.
PRICES FORCED DOWN
AFTER OPENING HIGHER
Demand For Cattle Fairly Broad and
Apparent Over Abundance Of Offer
inss Are Absorbsd-sheep and Lambs
Continue Scarce-Review Of Mar
ket conditions-current Quotations.

Chicago, May -. - Receipts were
much more numerous than expected
today and forced a decline In the price
of hogs
4 Receipts of hogs al Chicago for the
week totaled 141,20o, the largest since
! the third week in March. an increase
/ OF $500 compared with the previous
/ week. $4,000 compared with the same
/ week last year and 1900 compared with
. the CORES ponding week two years ago
! Average weight Of hogs OF Chicago
| for the week was estimated at 2St
pounds, or two pounds heavier than the
proceeding week, four pounds lighter
I than the same week last year an
! eleven pounds lighter than the CORE
spending week Two years ago. Light
: offerings and light butchers sold to
! best advantage all week. and such lots
! we're reweighed more frequently than
arrivals weighing over $50 pounds.
Top hogs at Chicago for the week
! made s..921s on Monday, against sl9o
at the close the previous week. ss.e2 =
I the same week last year and $3.50 the
corresponding week two years ago.
Average price figured s7.s5, the highest
since last October, cents higher than
the preceding week, So cents lower
than a year ago and IS cents lower
than two years ago.
Eleven markets received $4,000 hogs
Saturday, making $4,000 for the week,
the largest since March, or $4,000
more than the previous week. i9,0uo
more than the same week last year and
IS. 900 more than the corresponding
week two years ago. Total for 1915 10
date 11.217000, or l.S14,000 more than
i same period 1914 and l.+24 900 more
than corresponding time 1918.
Cattle.
Cattle offerings were at first over
plentiful, but the demand proved fairly
broad.
The market is we'll demonstrating ca
pacity to absorb a moderate normal
| movement of cattle at good prices, and
there is nothing in the general situa-
ton to warrant uneasiness on par or
feeders AS the season advances a
larger proportion Sf supplies is COM
ing into the free area ana eligibility to
the shipping demand is. OF course,
strong factor in creating good price
| levels in both divisions OF the trade,
/ and in the past week very little dif-
ference was noted in prices as be-
/ tween the shipping section and local
slaughter only yards.
There is a suggestion of continued
urgent demand for good cattle in the
large proportion Of butcher cattle and
an increasing percentage of short fed
cattle lacking quality in the run. The
fact that fewer prime cattle are show
ing up suggests that the bulk Of the
winter fed crop has already reached
killers hands, as there is no incentive
tc hold than with hot weather coming
along. The proportion Of choice year
lings has also been smaller and they
| have done good stunt Everything
bove $3.50 closed az the best prices
OF the week and much of the stuff be-
low that figure has not been disturbed.
While the weeks run has produced
long string Of ss.75Gs sales and the
1915 top has been repeated more ss6
$40 stuff has shown up than recently,
indicating that the advance is draw
ing short-fed steers TO market There
has been a showing below IS, but not
many decent steers are selling below
1925 and killers assert that beef from
steers costing around that figure is
,
tied steers selling 50 cents higher
Sheep.
Sheep and lambs continued to be
scarce.
Packers are getting the advance
guard of the seasons run of lambs
from below the Ohio river. AT Louis
Vile sales have been made this week at
sl2d 1926. Supply from that source
may be expected to expend from now
| on.
Dry fed stuff closed at the highest
! point of the week, grassy native lambs
! and heavy ewes at the lowest level.
Good to choice lambs closed 25d40
cents higher than the low spot last
| Tuesday Wooded lambs are no higher
and were not wanted, altho choice We're
| quotable to s11.50. Only a few odd jobs
/ of springers are coming quotaole to
| $3.50. Grassy native lambs and heavy
ewes were hard to give away.
! 1t was decidedly a two-sided market.
prime dry-fed stuff being in a class by
/ itself, while grassy native lambs and
| heavy ewes had no friends. How much
| lower this stuff was than early in the
week was a matter on which everybody
was guessing. Declines are mainly Is
4 SSlil5 " 81 Pei Wv Gnu iIobody " as az
| buying humor on that basis. Ewes
! worth IS last week had to take sH 80
and it made little difference whether
| they were fleeced or shorn, the prem
| ium having disappeared on such goods.
Ewes over 100 pounds were almost
without market. In the case Of
grassy lambs it was the same kind Of
a deal. A lot Of this stuff has shown
up and having been bitten once, buyers
are sidestepping it.
Chicago Livestock.