Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-01-09
HOGS TAKEN OVER
At HIGHER PRICES
DEMAND CONTINUES ACTIVE
AND QUOTATIONS ARE
MARKED UP.
PRIME STEERS SOUGHT
IN CATTLE DIVISION
Entirely Filled-Demand For Sheep
pated-Review Of Market Conditions
Current Quotations.

! Chicago, jan 9.-Hogs were in active
/ accordingly.
A week ago Chicago and Buffalo OBJ
served New Years day as a holiday
and nine other points received only
f; So, 900.
The first four days of this week the
eleven points received 10000. or 1884,
600 more than a week ago and $4,000
more than a year ago.
Eleven markets received 96,500 hogs
| Thursday, or $4,000 more than last
Thursday, 600 less than year ago and
$4,000 less than corresponding day two
years ago. Total thus far this week
| 5000. or $4,000 more than same
! period last week. $4,000 more than like
time last year and $1,000 less than cor
responding four days two years ago.
Total for 1914 to date $4,000. or $4,000
| more than same period 1913 and 1886, 900
less than corresponding time 1912.
Cattle.
In the cattle market prime steers
| were sought.
Even the $7.756s.o5 stuff is moved
up 25@40c over the low point in the
December trade. and that the market
is now in pretty healthy condition
needs no further substantiation than
that shown by the good general de-
mand which prevails Whether it will
continue depends upon country senti-
naent regarding shipping activities. 1t
iS grand weather weight
gains and a lot OF owners have evil
IDENTIFY taken a new grip on their hope
full expectancy for a higher late winter
trade in good quality steers. They are
holding resolutely to the crop despite
the high priced corn. and this applies
in middle western country as well as
in Illinois and central and eastern
Iowa and Missouri. Bad storms alone,
it would appear. win be the only in
ducement for generous shipping in the
next few weeks. Still this weeks
strong price gains may have effect In
cutting loose a generous run at the
| start next week. The trade looks to
next Monday to bring $4,000 to $4,000
cattle. tho the crop may run heavier.
Certain it Is that killers and ship
pers will do some hard hammering at
the price basis If given a little oppor-
| tunity. Present beef costs, considering
the decreases in killing percentages as
compared with last month. necessitate
a higher wholesale price for the car
ca ses and consumer sentiment toward
advancing retail costs must, of course,
be considered as a strong factor In
possible readjustment Of prices to
little lower basis.
! A comparatively small showing OF
beef steers went under s7.I5 IN the
Thursday trade, and just a comHon
little kind OF poor class sold around
$3.50, while such stuff as took $1,000
s.25 was Of kind that indicated it had
not been long in close association with
the corncrib. AT low period in the
trade few weeks ago, however. a lot
OF three to four months fed handy
and strong weight steers took 1925
and less.
| Thursday run at $500 made $4,000
for the week to date, comparing with
3e,O25 In the three business days a
week ago, market being closed last
! Thursday. A year ago the four day
run was 54,s47. Six markets have had
only $4,000 cattle in four days this
week against 115 900 in three business
days a week ago, while there is a
t shortage Oh SZ,Ouu III lue SIN poIito
run compared with a year ago.
Two weeks of light general receipts
at all points prior to this week afforded
killers opportunity to unload lot OF
beef from their coolers. and it also de-
veloped a broader eastern demand FOR
good cattle. Here, then, is the chief
factor in influencing this weeks up
turn in values. and it will naturally
require some conservative supplies
next week TO sustain the current ele-
walton of costs.
Sheep were expected to sag late to-
day.
The manner in which supplies have
been held down this week, in the face
Of attractive prices suggests the belief
that corn belt and eastern territory
has been pretty well drained of their
holdings excepting strings in the
hands of regular feeders whose conf
dence in the future is such as to war
rant them in nursing the market. A
trade scout just returned from the
larger sheep feeding districts OF Iowa
reports that around IS per cent of the
sheep and lambs in those sections have
been marketed and supplies in Wiscon-
sin and other generous midwest feed
, ing states are also reported as running
. low. Colorado will fill the gap on lambs
when the movement from that state
gets we'll under Roadway, but no pro-
longed period of heavy receipts is ex-
pected within the near future Weather
, is against the market, but consump-
tive demand anneara rrNad