Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-03-16
RESULT OF ACTIVITY IS GAIN IN
PRICES OF FROM 10 TO Is
CENTS.
BULK OF SALES MADE
At RANGE OF 81 TO $40
Packers Pay From $3.50 to $7-cattIs
Make No Price Gains, While Sheep
and Lambs Are Up 10 to IS csnts-
Current Quotations in Various Mar
ket Csntsrs.

Chicago, March 1s.-Packsrs sup
ported the hog marke, and gains of 10
market had an active tone. which was
sufficient 20 take care of the bulk Of
offerings before the close. Bulk of
hogs sold at s7.ood7.1o, and packers
paid $500 100 while a few choice
hogs went 10 the big killers at
slightly better level.
Packers do not seem to he particu-
larry anxious to smash hog prices. The
fact is now recognized that their cam
paisn to encourage production renders
lower prices undesirable. They can
merchandise without difficulty every
pound OF hog product the country can
produce, and their principal desire Is
20 encourage production. Both packers
and railroads want more hogs for OBJ
vious rea sons. and to preach that doc
trine while hammering prices would
at least SAVIOR Of Inconsistency and de-
fea. the desired end. Every hog cashed
in around cents makes growers eager
10 produce more The south is getting
into the hog game. and packers have
no intention Of discouraging it. They
may be forced to lower prices, but are
doing their best to avoid 1t.
Combined receipts OF hogs at eleven
markets Wednesday totaled $4,000, or
10000 less than week ago, 33,4o0 more
than year ago and 800 more than cor
ponding Wednesday two years ago.
Chicago received 1000 less than week
ago, but 1900 more than year ago.
Kansas City had 1000 more than year
ago. Omaha had 1900 more than week
ago and 5000 more than year ago. st.
Louis received $500 more than year
ago st. Joseph had $500 less than
week ago. Sioux City received $500
more than year ago. Total first half
Of week $4,000, or 10000 more than
same time last week. 121 900 more than
like period last year and 5000 more
than corresponding three days two
years ago. Total for 1911 to date, g.
o2s,ooo or $3.50 more than same per-
tod Of 1910. but $4,000 less than cor
responding time in 1909.
Cattle.
Cattle were better to the trade. with
no practical gain in price.
Run Wednesday was first estimated
at 10000 and later increased to 1900.
ludhlIS 1O,oVV 0dS lnI0 WeOhp
against 42,0l1 q week ago and 1856 q
year ago. while there was q liberal
supply at six markets. totaling $1,000.
altho this fell 1900 below a week ago.
Week to date run at these points. how
ever, standing at $4,000. shows 10000
increase over last week. and in view Of
increase in receipts serves az a signal
Po. ~ 70 N
prices.
They have done this with ven
gearce this week and today there was
every opportunity to follow up the lead
gained late Monday and again Tues
day. shipper orders were trimmed all
around when the buyers came into the
trade this morning and only the choic-
est heavy beeves seemed to interest
eastern operators in early rounds.
Packers, sizing up the situation as
strongly favorable to their interests
simply held off the trade, with the re-
suit that much OF the supply did not
begin to move until after noon and the
early fill being lost. purchase figures
sized up very advantageously on the
buyers side.
1t is not necessary to hunt far TO
find the cause OF present semi-de-
fnoralized state of affairs. The Lenten
season Is having much more serious
effect on beef demand than was an
ticipated at its opening two weeks ago
TODAY. Then 1t was expected that bear
,sh influence would be worn of by this
time. but 1t develops that partial abb
stinence from meat diet il being car
ried on generally among Lenten OBJ
servers to an extent which has simply
crippled the beef trade, and necessdtat-
ing close operating by killers, who.
viewing the supply forecast az favor
able 20 generous receipts for weeks
ahead. are not inclined to lay up sur
nlus now even tho it can be bought
relatively cheap.
Eggs, poultry and vegetables. all
cheap in price, added to the Lenten ef-
feet on beef trade. provo serious
handicap for the beef producer TO meet.
hut the situation. gloomy as 1t Is. can
work even worse under little increase
in receipts from weakened quarters
where feeders may be DESTROYS Of H.
ouidating in face Of loss.
Sheep.
Sheen and lambs were strong, making
gains of from 10 to 25 cents, selling
without fleece at s4.75@4.so. Prime
wool lambs sold at $3.50, with rumors
of a higher figure.
Chicago Livestock.
Chicago, March 15.-Cattle. estfnrat-
ed receipts for today. $500: market
opened slow to weak.
Beeves ...... =. go. t.1o@s.s5
Texas steers ...... 49,. -. 44o@5.6s
western steers b.7t&b.S0
Suckers and feeders l.oo9s.so
Cows and heifers .......... 2.6o86.9o
HoRs-Estimated receipts for today.
800; market opened cents higher.
Lights ......... 90. ....... e.ss07.3o
. Mixed ... 5000. ....... 6.so@7.1s
Heayies .... 800. ...... se0o7oG
Roughs ..... ....... s.00s.so
Good to choice heavies eSo070s
Bulk Of sales S.So07l0
sheep-Estimated receipts for today
$4,000; market opened strong to IL
cents higher.
~ T. .10