Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-03-10
SHARP BREAK IN PRICES WHEN
ANIMALS ARE TURNED INTO
PENS At YARDS.
ARRIVALS IN CATTLE
DIVISION ALSO HEAVY
Sellers Further Discouraged BY Weak.
ness in Hogs-Arrivals Of Sheep and
Lambs Not Excessive and Prices
Hold-Rev,ew Of Market Cendi-
tons.

CnlCaSo, MacCh 1U.-lt 1alrly ralneu
hogs today at the yards and there was
a sharp break in prices. For the first
time this season buyers faces wore a
grin. The percentage OF light animals
to the total was small.
Combined receipts of hogs at eleven
markets last week were quite small, or
421,OO0, being $4,000 smaller than pre-
vious week. $4,000 smaller than year
ago and over 100000 larger than cor
responding week of 1910. when receipts
We're unusually small. Combined re-
ceipts for 1913 to date at $4,000 were
practically 1000, 900 smaller than year
ago and $4,000 larger than CORE
spending period two years ago.
Patrick Cudahy, the Milwaukee pack
er, SAX his prediction of 9-cent hogs
before April l made good, prices at
Chicago touching that level last week.
Mr.. Cudahy's prediction was made sew
erai weeks ago. when prices were about
11a cents pound lower than at pres
ent.
While last weeks receipts of hogs
were smallest of the year, the est1-
mated average weight at 234 pounds,
was heaviest since last September.
against 232 pounds previous week, 211
pounds year ago. 1t is expected light
weight hogs will command still more
premium over heavier weights and
pigs, which were very scarce last week
will undoubtedly sell high in the near
future.
Cattle.
Cattle receipts were also heavy. Sell
ers were further discouraged by the
weakness of the hog market.
The west is getting no very liberal
supplies and a goodly portion of re-
ceipts west are light stuff, CHASING no
better than feeders. since good snare
Of the we'll finished beeves produced m
territory tributary to the western
points are finding outlet here. where
demand for fat beeves is affordin2 them
a goodly premium over western bids.
The country is demonstrating an
ability to market stuff as it is needed,
and no longer is there necessity OF the
local trade warning against an over
supply being dumped into the 1narke-.
Obviously there is no oversupply.
Cheap corn is inducing feeding rather
than liouidation OF a lot of the light
grades, and the cattle holdings over
enough to make an oversupply OF sooo
to choice strong-weight beeVes Proo-
able. Sill it must De borne IN NINA
that as the season advances hshtei
cuts of beef will be preferred IN con-
sumner quarters and traders are not III
clined to urge owners of good steeis
to keep them back when sucn are III
marketable shape merely to make more
nounds of beef. The trade is gong 10
need a reasonably liberal amount Oh
good heavy steers for weeks TO co1ne
and the fact that bulk of hay-fed rance
cattle will this spring go west rathef
than east only serves TO key up the
sa1,ers, hone of maintaining a reason
ahIy STABLE and strong market, aitiio
occa sional reactions must be the ruie'
No very general run is billed to laho
this week. High prices lately iaiieu
IN induce a lot of loading in Iowa anu
with last weeks marke. showing more
strength than in two months past 'ileie
is no reason TO feel that the couii'is
will look at the present siua'''i
,,,,:,se,v to be sustained. This "eeh'
however. precedes holy week. "heh
heef consumption vii! na'ura'ts
dwindle, and anything above very
moderate supply coming TO-DAY WIZ
likely presage some mean eastern a.
veil as local demand few days iatef'
Steep. l.
Arrivals of sheep and lambs oio ''o'
annear to be excessive.
The moderate receipts. here ana eise
where. advances in all other classes -
livestock and the stimulus given 10
,,,eat consumption by low temperatures
have been price boosting factors IN tne
trade and advances ranging from %
m5o cents over week ago are no"
SHOWN. with 35@50 cents gains MOS.
General on fat lambs both OF nanny anu
heavy class. Few sheep or !earines
show more than 25@35 cents gains. put
rho advance is irregular and the pest
--:,ns Of the season are shown at the
weekend. Feeding and sheartng lambs
have held a strong basis and the lew
feeding sheep available made the pest
nrices Of the winter for the kind, some
common thin aged Montana ewes going
out at 1856 and good feeding ewes at
s5a5 early in the week. Most reed
inc and shearing lambs sold from 1913
@S.25.
IL