Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-03-21
MARKET is WEAK AND LOWER
ALTHo ONE LOAD BRINGS
$11.
CATTLE UP 10 CENTS
COMPARED TO LAST WEEK
Steers Top Market at ss.e5-sheep and
Lambs Steady to strons-Prediction
Freely Made That Cattle Will Go
Still Higher = R'viey of Livestock
Trade.

Chicago, March 21-Hogs were weak
and 10 cents lower at the, opening to-
day A buyer hawever, paid $11 for
a load of prime hogs.
Under present light supply conditions
market sentiment is bullish so far as
the immediate future is concerned,
1 but considerable difference of opinion
exists as to what will happen after
corn planting is completed.
4 While killers are complaining that
hogs are high the fact is undisputable
that they are not out of line with cat
! tie or live muttons and that means
something.
narrowing time is here and consid-
cradle interest is naturally taken in the
new pig crop which will be badly need
ed by the country at large by the time
| it is ready for market. Undoubtedly a
large number of young sows were bred.
and that means small filters. Few
young sows have been reaching the
market all winter, as they We're held
back for reproduction purposes and
this has been an important factor in
| creating the scarcity that has sent
prices skyward
| How scarce marketable hogs are In
| the country may be inferred from the
remark of an Iowa shipper who said
he was holding dozen loads at his
railroad station. They're making nice
| gains and 1 won't ship until l can re-
place them" he explained Il have tel
ephoned all over the country tributary
to my station, but can not get down
bid that will fetch any hogs to town
hot VI
Commission men who have written ur-
gent letters to their customers, urging
them to cash in and make sure Of pres
ent prices, have received emphatic an
swers that they have no hogs ready
and few of any kind. If hogs had been
in the country 10 cents would have
brought them, but supply is dwind linfs
daily and big stuff is very scarce. a
year ago the reverse was the case, IS
a lot of stock was then being held back
| to follow cattle.
Cattle.
| Cattle were steady to strong. ano
showed a 10 cent advance over last
week. Top for steers was 1855.
| The trade has come to believe mat
the past weeks light run is only the
forerunner of good many hshl
weeks marketings ahead, and big price
advances are believed not in DANGER
of being ceded back, but instead Dull
ish enthusiasm has grown.
Shippers are still keen for csittle OF
all grades, while the local packers
surplus stocks have been cut into
quite heavily of late to fill demands,
and they. too, are in need of liberal
supply of steers. Thus there is the
demand right at hand, and 1t IS now
IaH ny>
supply in the next few weeks VIII pc
up to requirements. If not, then the
prices must go still higher, possibly
following the erratic performanc IN
the hog market altho the trade Is not
enthusiastic in the belief fhat cattle
will go to greatly higher leVeis. Al
ready the market for all but prime
kinds is highest in nearly thirty years
and while the tops for last week were
still@S5 cents below extreme nlsh point
last year the best cattle were cohslo :
erably below the class of those max
ing top price in December -
Cattle are killing out poorly consld,
ering their cost. Even the SSO00S5'
kinds are dressing at least 1 to pei
cent less than they should say t,le
BUYERS. while the s6.5O@75O kinds are
quite a disappointment costing aiihGe
record prices in the peer.
Sheep.
4 Sheep and lambs were STEADY e =.
strong. Clipped Ia thos drought w.
Sheep went at 3d.
While current prices are very hish
tho talent does MOI think the limit has
been reached. Many in the trade be-
,ieye prices are getting so high ina
neonle will not eat the meat, but only
small percentage of the people VII
have to buy If in order to consume
what little stuff there is to be had.
There Is not much stuff in the near
nv food lots to be marketed. The bull
Of these are colorado lambs stopping
to he shorn and held a week or ter
DAVIS. in fact. a great deal of the stun
is shorn one week and marketed the
next. and il is an actual fact that
great deal of the clipped stuff mas Sole
at full asmuch as it would have brough
a week ago with the wool on. Ine TEL
lew who is fortunate enough 10 nav
sheep or lambs on feed ought 10 wafer
the condition closely and aim 10 ge
~. at THE high time. On the othel
hand stufi that is fat should ooiTi5 .
market
4 year, ago at this time exporters
were taking a lot of sheep and helping
the market out. The best Colorad&
lanbs tfien sold at $3.50, ,shorn lamb:
reaehine, s71O The limit on western
sheep was $3.50, and on shorn sheer
s545 western ewes selling to $3.50.
Two years ago supply was yer!
light and prices were booming Dur
ing the corresponding week OF 19O'
colorado lambs reached $7.s5. an ad'
vance. of 81 in month. Shorn lambs
sold iup to s7.25. Sheep were yer.
scarce and 1915 was paid for wethers
clipped sheep and yeerlings making
$3.50.
Chicago Livestock.
chicago. March 21.-Cattle-Esti
mated receipts for today, 21.000; open
ed strong to 10 cents higher.
Teeves ..... 570@s7
s;tockers and feeders 49,. 3.75@6.6
Eo,rs ard heifers 2sO07 Il