Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-02-14
BUYERS SEND PRICES FLYING TO
HIGHEST POINT SINCE
1882.
Widest MARKET KNOWN
IN MANY DAYS; TOP 1920
AItho Receipts Were Liberal Prices
Were Forced Up to Ten Above High
est Previous Figure of Season-catte
Slow and Inclined Toward Lower
LeveIs-sheep Active.

Chicago, Feb. 14.-In the widest hog
market the trade has known in many
day. the prices went flying today.
The top was 1920, the highest of the
season, and the best figure paid in the
local market since 1882
The trade freely predicted $40 hogs
Mess pork reached a record price of
$685. for the May option, and closed
at s23.55.
Hog buyers sent prices flying today.
They paid 10a15 cents higher and
forced the top TO 1920. the highest Of
the season and 10-cents above the prev
ious top. and the best figure paid in
the local market since 1882. The re-
ceipts were liberal. 1t was the widest
market the trade has known in many
a day and brought out prediction Of
SO hogs.
Quality the past week has been the
best of the season, plenty of finished
medium weight barrows showing I'D,
but big hogs are scarce.
Local packers are seriously con-
SC4i4CtI oNt- SQQ4Sl Dul ScaSOIdDl5 GA-
pansion of eastern demand for hogs.
The eastern crop has been largely
cashed in by this time and butchers
down that way will be heavier buyers
at Chicago and other western points
right along. A year ago. when the
price was 81 per cwt lower the east
was buying far more than now but
the decrease in supply is proportion
ate!y much heavier than buying on
eastern account. What will happen
to the price list when shippers orders
call for $4,000 hogs at Chicago weekly
and supply falls off during cat seeding
and the muddy road season, can be
imagined
Cattle.
Cattle were slow and inclined toward
lower levels. In general the market for
both steers and butcher cattle was
steady to 10 cents lower.
Last weeks receipts total $4,000,
against 47,9l6 the previous week and
1887 year ago. Cars were more
plentiful and permitted feeders and
shippers moving a greater volume of
cattle. but still the railway service was
not much improved. Serious delays
were encountered on most of the roads.
and good many shipments arrived
full day after they were due to get
here, thus causing heavy loss in
shrinkage of cattle, as we'll as damage
in price by reason of the staleness of
offerings.
Live stock shippers have been getting
ali the worst of the deal in traffic ac-
comm odations even tho their commodi-
ties fuctuate more rapidly in value
than the dead freight which seems to
be getting the roads favor just now.
Eastern shippers gave the market
fairly good support last week and there
was also a moderate demand from ex-
porters. but still it was the packers
who have provided the greatest outlet,
shipments falling to show proper
tionate increase with greater receipts.
Shippers were more active in the trade
Monday and Wednesday. and their
competition for fat heavy beeves Was
the strongest factor in boosting the
prices to high levels, but since We'd
nesday the check on shipping demands
for these same grades was sorely felt
by sellers who have had to cash numer-
Gus of the s65O@6.90 kinds at prices
fully 1925 cents below high point
Marketings Monday and Wednesday
included a greater quota of fat heavy
days the crop was rather light General
quality of the supplies has been only
fair and the biggest share of steers
carried heavy mud clots, which always
operate against them in favor Of the
cleaner offerings. Mud at e@7 cents
pound runs up into considera BILE
money when whole drove of cattle is
bought, and killers are keen these days
to discount mud buying by chipping a
little off the price.
Beef boycotting" influence has been
practically eliminated. It's simply a
supply and demand proposition these
days, and thus are the prices regulated.
Last week the general demand broad
ened in spite of the opening of lent In
years past lent has had more or less
of a depressing effect on prices, but
fast days are less observed now and the
result is narrower lenten influence.
Sheep.
Sheep was active on light supply,
gaining 10 to Is cents and in some
cases more. Lambs were barely steady