Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-03-14
ONE CAR SELLS At TOP PRICE
OF 50 PER HUNDRED ON
CHICAGO MARKET,
ACTIVE COMPETITION AIDS
SELLERS TO HOIST PRICES
Cattle Offerings Plain and Hard to
Dispose Of, Altho Receipts Were
lisht-Liehtness Of Supplies Tended
to Uphold Prices For Sheep and
Lambs-Current Quotations,

Shlcago. March li.-AcIlNe com
petition for hogs today enabled sellers
TO hoist prices, one car selling at So,
q new high leve! for the year.
Eleven markets received $4,000 hogs
Friday. or 900 more than last Friday,
1900 less than a year ago and L.
900 more than two years ago. Total
five days this week, 3I1,00o. or $4,000
less than same period last week. So
600 less than like time year ago and
$4,000 less than corresponding five
days two years ago. Total for 1919 to
date, 1928. 600, or $4,000 less than
same period 1918 and l,245,Oo0 less than
corresponding time 1912.
Cattle.
Cattle offerings were plain and but
a few on hand. II required hard work,
to dispose o. them.
That Strengthening of the price sit
uation can be expected next Monday on
a light run seems logical. but New
York reports are to the effect that
there Will be required lot better de-
mand for the beef carcasses if orders
for cattle from that quarter are to
grow. a generous Pennsylvania de-
nand usually filled here was supplied
near al home the past week, and from
nov On for several weeks big num-
Der OF Pennsylvania cattle will be due
20 move into the markets there this
situation IorecassinS Tocr shipper
demand locally.
New York had some generous i'm
ports OF chilled and frozen Argentine
beef quarters the past week and
there were loaded at Buenos AEres
1900 quarters for that market. &C
cording 10 the Farmers and Drovers
Journals advices from seaboard, to-
tai Of 141 900 beef quarters having
been sent this way from Argentina
since the first Of the year.
That il is time 10 apply the brakes
10 generous marketing is plainly EVIL
dent now, tho the fact that spring
farm work will soon be pressing makes
il reasonable 20 expect some continual
ton Of the liberal supplies OF the
short-teds which orders Will want 10
cash in before the rush OF farm work
is we'll under way. This would ap-
pear poor policy in view Of the noder-
ate cost of corn now. however. and
the overloaded condition OF the steer
market. Carrying a lot of the short
feds TO maturity. or. at least, untii
there is a roster situation in the trade.
seems no bad advice which sellers are
sending to country clients.
In view Of current Generalization o.
demand and prices estimates or lrooo
10 p. 1000 for the market next MonoaE
looked reasonable. the majority OF the
guesses being at $4,000 10 10000. and
certain Il is If the crop shows up even
at the minimum number there IS no
fet-errnent in beef trade. price conoi-
tons cannot ne expected to show Teac-
ton from the current badly smashed
basis.
A recuperative period should be on
encouraged by small marketings al
leas, for the next two weeks Given
little session of short supplies. beef
trade would likely soon show mater
;al jnnprovennr and steer prices follow
with decided reaction. particularly the
value for lI-hnished grades which
suffered so severely this week.
Sheep.
Lightness Of supply tended TO up
hold prices for sheep and lambs.
I.snlf, market has been uneven All
week. but The prime handy-weight lots
got the most favor at all times Win
medium quality arrivals in poorest
demand. hOSl ucS4l dDiS 49,
closed on a strong basis compared with
the high time this week and were fully
lONl5 cents higher than week ago.
with some probably up little more.
~ medium fleshed stuff and Welsnty
killers locker about 1o4 Is cents pc
low the high time and ruled only strong
with the previous Friday.
Demand for feeding stock was fairly
good throughout. but suitable lots were
not as plentiful as the previous week
Prices for available lots looked steady
at all times. Considerable shearing is
under way and that depleted the sup
ply feeding grades to great extent,
as such kinds. along with many Colo
RADIOS, are the ones now being shorn
at the nearby feeding stations. There
was an increase in the number Of shorn
lots offered and this proportion will be
greater from now on.