Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-05-29
SHIPPERS AND PACKERS OFFER
LESS FOR HOGS THAN SELL
ERS- ASK.
REFUSE TO PURCHASE
AT HOLDERS FIGURES
Weak Demand Offsets Light Run and
Prices Go 10 Cents Lower Than Mon.
days Averaee-8ulk Of Cattle Offer
ngs OF Inferior Quality Mutton
Prices Decline.

Chicago May 29.--Wdak demand for
hogs offset light run of swine today
and prices averaged 10 cents lower
than yesterdays prices. Shippers and
packers were satisfied to offer less
than sellers demanded and declined to
raise their bids.
Eleven markets received 10000 hogs
Monday, or 1900 less than last Mon
day. $500 less than year ago and
81. 200 less than two years ago. Kan
sae City and Buffalo were well sup
Piled, but elsewhere receipts were
modrate. Total for 1917 to date r.
$4,000 or 100000 less than same pc
Rod 1915 and $4,000 more than corre-
spending time 1915.
Cattle.
Inferior quality of nearly all grades
.of cattle received worked against
higher prices.
1t is a condition calculated TO make
a high market for finished steers later
ON, provided the public is able to buy
the beef which is a strong probability.
Hides and by products are carrying
their share of the load and the market
looks statistically strong. Killers are
timorous, however. and balk at any
prospect of accommodating high priced
beef All the evidence obtainable from
shippers in from the country is that
cattle originally intended for summer
feeding on grass are being cut loose.
Long fed stuff is being rapidly reduced
to relatively few holdings in strong
fnyr
going on feed, a bare spot must de-
velop sooner or later. The country
undoubtedly has a big crop Of year.
lngs, but a lot Of little cattle have
been sacrificed during the past ten
weeks and 1t is doubtful if there viii
be more than enough to go around.
The summer run will be deficient in
weight, and that means less beef ton
mage than normally. There will be
few, If any, western cattle IN August
and not many In September, conse-
quently stun the corn belt is now Dis
gorging will be missed during that
period. GrasseTs in Kansas pastures
are light in weight and young in age
which means q large percentage of
feeders.
LACK Of buyers in the sheep market
caused mutton prices to decline.
Buyers were able to enforce sharp
decline on most lambs here late yester-
day despite meaSer supply locally
and at other western markets Sellers
asked steady prices at the outset and
later ofTervi TO take ,5-cent decline
but buyers refused to even come with
in q quarter Of the level Of las, weeks
close. They made first bids on the
bulk, hitch showed at least 90 cents
decline and there were duplicates OF
last Fridays shorn offerings here
which had 60 cents lower bids up 10
noon. Spr!n gers were in fair supply
and looked as much as S100 lower t.
some traders.
1t was the first severe decline OF the
season, but buyers were out TO make 1t
stick" because they are not finding
free outlet for the dressed produCt.
Sellers were slow to make the required
concessions and as late as 1 o'clock
pens were Tar from deserted. indica-
tions pointing to several loads going
over unsold. Wooled Colorados were
limited to two cars, while a few ma
tives and fed westerns in fleece were
on sale.