Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-03-21
PRICES ADVANCE 10 CENTS BE
CAUSE OF RENEWED DEMAND,
WITH TOP At $z15.
PACKERS BID IN HEAVY
BUTCHERS At $6.eo@e.75
Cattle Trade Slow AItho Prices Are
No Lower-Fair Demand For Medi-
UNI to Fair serts-tivs Muttons
Steady to strons-current Quota
tions at Market csnters.

Chicago. March 21-Hogs sold at
higher prices today. the market being
generally 10 cents up. Packers gave
good support The top was s7.lo and
there We're good lights at $40, while
packers bought heavy butcher hogs al
$3.50 and s6..5.
Demonstration Of the excellent fat
tening quality OF the seasons corn is
furnished in the high standard of hog
.narkelings. Fifty light thousand hogs
arrived in Chicago Monday and uni
so.naly excellen, quality marked the
whole supply. An excess OF weight Is
the only complain, killers register.
Holding back the supply early this sea-
weight now, when it is least popular.
Evidently growers were intent on find
ing the best market for corn by con-
ye-.ing it into pork. Every bushel of
corn fed 10 hogs this winter has nettei
almost double the price of that which
went into the elevators. Lard-.aden
heavy hogs have found relatively
good ule,.liet TOR reason that fresh pro-
duet has sod Well
However, continued gain in weight of
stocks TO a liberal volume and the eff
feet has been growth of strong bearish
endency in the market. In board o.
trade circles bear talk prevails and
sentiment is accentuated by continued
generous n,arketngs OF excellent quail
Ky and the general belief that within
the next few weeks spring farming ac-
tiviries will necessitate growers ship
o$ ,1oair ~
Mondays big receipts suggest that
many are already in hquidating mood
and declining prices merely emphasize
packers find themselves at present A
year ago market was riding top wave
for forty years previous. the result Of
scarcity in supply. Ten to eleven dol
lar hogs induced a rush to grow pork.
big supply now prices are down con-
siderably. Growers mastery merchan-
GisinE of the crop thus far has prevent
ed heavy price slashes. but the current
rush 10 l!quidate can not work in IA
vor Of short declines.
Approxtm ately 14,5oo,ooo pounds Of
--ork on foot landed in the Chicago
market Monday, against 7.147ooo
pcUiIOS a JSdt d6c. l ne dNSldSc
weights being go much heavier now
than a year ago. It requires only a
noderate-sized crop to make a big
amount Of pork.
Cattle.
Cattle were slow and prices, altho no
lower. were unsatisfactory. Butcher
stuff was slow with fair demand for
n ediun1 20 fair sorts.
Cheaper hogs and abundantiy cheap
mutton are playing havoc with beef
The situation Is inexplicable. Good fat
cattle sold at 1925 Friday, a price
sha: makes 500 an acre for Illinois
ard Iowa corn land look absurd. Be-
tween the cattle market and the hog
trade there is striking contrast. Hogs
are making miniature fortunes for
producers, while cattle are losing
enough money every week. from the
feeders standpoint. TO start a chain
ef national banks. The public seems
% be clanorous for hog products. while
eef IS a drug Beef ought to be cheap
to the consumer. but there is lack OF
conformity in evidence. Packers Say
they are selling. or irving TO sell. car
case beef az 719 cents per pound. Ev!-
IDENTITY It is up to the retailer to ex-
plain, as these are soup bone prices.
Sheep.
Live nuttons were steady to strong
with prime wool lambs at $3.50 and
clipped at s605