Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-05-03
ARRIVALS TOO HEAVY TO PERMIT
OF READY ABSORPTION BY
TRADERS.
RECEIPTS MORE NUMEROUS
THAN ANY DAY m WEEKS
Cattle Supply Exceeds Slightly I'm
mediate Demands Of Trade and
Market Turns Weak-6is Killers
Avoid Market For Sheep and Lambs
Review Of Market Conditions.

| Chicago, May 3.-Hogs tumbled in
| price today because arrivals were the
most numerous in many weeks.
|. Receipts of hogs at Chicago for the
| week totaled 124,200, the largest of the
month, an increase of 1S,400 compared
with the preceding week, $500, COM
! pared with the same week last year.
and decrease of $500 compared with
corresponding week two years ago.
Average weight of hogs at Chicago
for the week was estimated at 233 lbs.
same as last week, pound lighter than
same week last year and II pounds
years ago. The April average weight
figured 233 pounds against 231 pounds
in March and 233 pounds last April.
Top hogs at Chicago for the week
reached $3.50, the highest since last
November, cents higher than last
week, 90 cents lower than year ago
and s. cents lower than two years ago.
Despite the higher top the weeks av-
erage at $3.50 was cents lower than
the previous week, 95 cents lower than
a year ago and two years ago.
Eleven markets received 45,1o0 hogs
Saturday. making 100000 for the week.
the largest since four weeks ago. 1000
more than the previous week, $4,000
more than same week last year and
10, 900 less than corresponding week
two years ago. Total for 1915 to date.
1855, 900 or 1.74s.ooo more than same
period. 1914 and 100000 more than
corresponding time 1913.
Cattle.
The cattle supply exceeded slightly
the needs of the trade.
Unless something not now discern
able happens. steer trade is expected
to give a good account of itself The
market the past week has acted credit
ably. Supply has been generous here
and elsewhere. The heaviest weeks
run since January has been well taken
care of and market sentiment is de-
cidedly optimistic. Killers have dem
onstrated need of cattle, indicating
better beef distribution. Too many half
fat and stockery yearlings. are being
dumped into the market and that stuff
is lower for the week. Everything else
has practically held its own or is
notch higher. A big fill has been
weighed and buyers claim that cost on
the hooks has been higher than last
week Imports Of beef continue Of in
consequential volume. Nothing was
| loaded this week at the River Plate for
| United States ports. Trade sentiment
| is decidedly optimistic. Eastern order
| business IS developing and with cheap
! pork eliminated as a bear influence, the
| market ought to do better.
A large slice of the weeks steer run
has sold at s7.506s.15 and killers are
getting little beef below 1925. A fea-
ture Of the run has been lot of 900
to 1850 pound thin steers selling any,
where from s6.75 to $40 that have no
place at the market under present con-
ditions especially as the trade is right
with a period of cheap gains. Just why
growers are dumping 900 pound steers
selling at 1915 into the market hopper
at this juncture is a mystery Of the
| insoluble variety, but they are coming
| in profusion. By holding that kind
| back killers would be forced to go to
the fat delegation and prices would re-
spond Had 5000 or more unfit cattle
! been held out this week. weighty
grades would have had better action.
Sheep.
Big killers avoided the market for
sheep and lambs.
| The consuming public baked at alb
SOEDlHk IedOliS Tie uISssSO pIOUuCl dt
| the high prices to which that COM
| modify has been elevated. and with
| limited shipper competition packers
easily forced the declines noted, al
| tho shortage compelled them to step a
little more lively toward weekend.
From supply standpoint the posi-
/ ton Of the seller appears secure. Colo
RADIO will contribute fairly next week,
but there is little anywhere else ready
| at this juncture, tho a run of Texas
| and Arizona grass muttons at south
western markets is on the horizon. No
/ free movement of Tennessee or Ken
lucky spring lambs is probable for sew
| eral weeks to come and the May mar
| keting will be small The immediate
future depends very largely on con-
| sumptive demand and while it can not
be brisk at present high cost. supply
| paucity is expected to counteract the
! lessened consumption. Heavy sheep in
the fleece especially appear in top
| heavy position, but surprise will be oc-
casioned if fat shorn lambs do not
work higher.