Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-02-28
QUOTATIONS SHARPLY HIGHER
WHEN RECEIPTS FALL BE-
LOW NORMAL.
STALE HOGS HELD FOR
ADDITIONAL ADVANCES
Light Receipts Of Cattle Favor Selling
Side - Small Stockers Show Slight
House-Hcavy Lambs Especially Ac-
tive.

CnlcaSo, Feb. 2S.-W1th only o1,VUO
hogs at eleven markets today, against
; 1CS,0Co year ago. prices sharply adj
varced today. Stale hogs were mostly
held for Il further rise.
| -Four days this week q total of 49,
! CTS head have been marketed at chi
cage, against 130,507 a week ago, 1885,
592 year ago, and 10S,925 the cores
ponding period two years ago.
Packers have an occasional inning
| in the hog market. Wednesday and
Thursday were two of these rare oc-
casion. BY way OF iittingly celebrating
it they took off % cents per cwt. The
mid week crop Of $4,000 aroused pack
: els to bearish enthusiasm and predlc-
ton of heavier receipts during March
was confidently made but if this works
! out country veracity will be seriously
aiscredited. Late runs doubtless car
ricd many farm renters hogs that must
be cleaned up before March l. where
owners intend to move, and the end Oh
the week will probably witness the ar
rival of q considerable number of these.
Cattle.
Light receipts of cattle favored the
selling side Small stOckeTs, however,
showed q slight decline.
Thar the narrow spread in prices VIII
prevail for considerable time to come
is prediction made by buyers, VINO con-
tend that high quality, Welghty pui-
locks are falling to get their proper ai'-
probation and premium in selling price
in beef trade as compared with the
handy-weight grades. The big corn
crop IS being fed literally this season.
killers argue. and that means the
making Of a lot of weight.
II is declared by the traders that fer
the next two months at least there VIII
be a much larger proportion of strong
weight fat grades included in recen,
receipts than was the case in spring
months last year. and with this pros
pect ahead they are sitting tight on the
bear side of the deal. finding current
receipts full enough to supply the beet
market, which is by TO means acting
good.
In the east. especially. the killers
claim there is small margin between
beef cost and selling price and such a
situation rarely finds them in a mood
IA do big business. For weeks ahead
it is apparent that the condition OF
ish. and at least as long as there Is no
decided Improvement in the outlet for
beef.
Still Chicago is the only point get
ting any very liberal percentage OF
well-fed steers. goodly portion OF
western receipts comprising light stuff
OF q short corn feed as well as feeder
classes.
Chicago run four days this week is
43.20O. against 48,246 week ago ana
43.3SO n year ago, while there nave
been shipped 14.5O0 in four days COM
paring with 1886 a week ago. which
is evidence Of small beef needs in the
east. Six markets had $4,000 cattle
in the four days to date, supply O.
600 less than week ago ana l6ooo
more than year ago.
The final crop of renters cattle Is
looked for here next Monday, but 1t IS
highly probable that most Of the strit
which moving has forced feeders 10
cash IN has been landed at market In
the past two weeks, and while there
is prospect of a fairly generous total
volume of receipts no heavy run is an
ticipated. Estimates on the crop next
Monday were today placed at 2O.o0o 10
90. 900, which would compare with 20
eo7 last Monday and 1881 year ago
next Monday.
Sheep.
In the sheep house prices We're
strong. Heavy lambs especially got
better action.