Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-02-25
HOGS FINISH WEAK,
SHAKY AND LOWER
PACKERS INSIST ON DECLINES
OF 10 AND TRY TO BUY AT
LESS FIGURES.
LATE INDICATIONS WERE
FULLY IS OFF At CLOSE
Cattle Slow and Nothing More Than
Nominal, Receipts Only 2oo-Wssk
Closed at IS to 20 Declines on Steers
and Butcher stuff-Shsep Without
Change in Values.


Change in Values.
Chicago. Feb. 25.-Hogs finished
weak. the market being decidedly
sllaky and discouraging to sellers.
Parkers were insisting on declines OF
10 cents and late in the session were
irving to buy at breaks of 10 cents
from the low mark OF yesterday 6is
dealers were able to buy at $40 to
s7l5 and there were no shipping orders
TO take light sorts. Late indications
were that final values would be close
10 10 cents lower.
The manner in which killers nave
cleaned up the crop every day this
week advertises their needs. They may
indulge IN fond anticipation OF old-time
prices, but the dream does not prevent
them from buying hogs while they are
available.
The big bulk sold a, range OF $40
Q7.25, the former price taking heavy
mixed and the latter light butchers
For most of the butcher crop 1t was
s71517.25 market. S7.15 taking strong
weights tina. were eligible to 1928
Thursday and s7.sb on Wednesday
Light stuff went to shippers at $1,000
7.35. with closely sorted stuff at $40
M745.
In the provision pit there Is eN-
dence of a disposition to get on more
friendly terms with the hog market.
altho speculative talent Is afraid OF a
big hog run. The principal feature IS
the tightening up OF the May ribs, due
20 concentrated long holdings and the
fact that because Of the cold weather
the fresh meat trade is good and pre-
vents a stock from accommodating. Out
side Of ribs, the pit market is not
strong, as the outsider will not buy and
takes advantage Of the bulges to put
out short lines.
Cattle.
Cattle were slow and the market was
nothing more than nominal, as receipts
were only a couple OF hundred. The
market closed the week lower on both
steers and butcher stuff. receipts hav-
ing been liberal enough to bring about
a feeling of indifference with buyers.
The bulk of steers show from Is TO 20
cents declines. and butcher stuff from
Is to 20 cents.
Receipts this week have been gen.
erous at Missouri river points. the five
principal markets having received
about $4,000. against $4,000 last
week and $4,000 a year ago. but In
making comparisons with last year.
the fact must not be ignored that feed
or trade is on a much broader scale
than at that time. While receipts at
the i've principal points since Jan. I.
are about $4,000 more than Jan. 1, the
countryward movement shows an even
greater Increase To Offset this kill
ers have had more beef per animal.
The Lenten hoodoo has been made
to work overtime this week. 1t is
the buyers stock argument at this
season. During the week before Lent
the trade is assured that beef can not
be sold in anticipation Of dullness in
retail circles the following week. Next
week present stagnation will be ex-
plotted and the following week the
trade will be assured that efforts are
being made to work OF the beef that
could not be moved the previous week.
II Lent could be wiped OF the calen-
dar. the buying interest would be COM
PEELED to construct a new bogey.
Demand for beef is anything but
good, however, otherwise buyers would
display more activity. The bad stunt
done by weighty cattle this week is
discouraging both feeders and sales.
men. After February weight rarely
acquires popularity and the trade is
Offering no inducement to the country
to hold big bullocks. Muddy feed lots
were undoubtedly responsible for the
presence Of lot Of short-fed cattle
early In the week, and this condition
has shown some improvement. but no
scarcity can be detected and every Inn
proyement in prices will start q run.
While s7.o5 was paid early in the
week, the proportion OF steers above
$3.50 has been small. and $3.50 @8.40
has taken q large proportion Of the
run. Late in the week packers were
able to buy a lot Of steers below IS.
mainly at $5.60@5.s5, and 1925 bought
good ones. Early in the week Kan
sas cattle showed up in profusion.
selling as high at 1856. with a strong
ss40@s.75 delegation. but they would
not have been eligible to the same
money on the depression later.
Local killers have bought between
Is and 20 per cent Of their steer supply
under the scent line a lot Of 5000
$50 trade being transacted Wednes-
day and Thursday. Dressing percent
ages continue good. but have not been
quite up to the figures Of last week.
Cattle selling around cents are dress
ing in the vicinity Of 80 per cent. the
1925 $3.50 grades are making 80 per
cent or better and steers selling below
IS. 80 about So per cent. Owing to the
excellence Of corn yields are CORES
pondingly good.
Sheep.
Shaep closed without change in value
from yesterday.
Chicago received 21,o0 bovines on
Monday, the west had q short crop and
the east was not burdened. The trade
acted a little better than the extreme
close Of last week, prices adherina
closely to last Fridays best levels.
On Tuesday less than $4,000 got In
and killers were doing the hot-foot FOL
anything that would bleed most OF the
day, tho the big 1o@1so bulge recorded
was followed by q soft close
Wednesdays supply overran all ex'
pectations, reaching $1,000. Tho mar
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