Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-02-02
MODERATE HOG RUN
At Weeks OPENING
VALUES UP SLIGHTLY EARLY IN
SESSION, FOLLOWED RY
DECLINE.
BIG TRADERS HESITATE
TO PAY ADVANCED ASKED
Good Grades Of Cattle Sell at Strong
Prices-Suppiiss Of Sheep and Lambs
Prove Exeessivs-Rsvisw Of Market
conditions-current Quotations at
Livestock Centers.

Chicago. Feb. Hog values rose to-
day. receipts being small. but lost part
of the gain before the close.
The months receipts will total about
800 900, or $4,000 more than Il year ago
and 900 less than two years ago,
being smallest January receipts since
1911. The months average was around
$3.50 is second highest on record for
January. standing So cents higher than
a year ago and 50 higher Than two
years ago.
Last weeks average weight of hogs
was estimated at 220 pounds. the
heaviest week since last September, q
pound heavier thsn previous week,
seven pounds lighter than a year ago
and four pounds heavier than two
years ago.
The combined hog total at eleven
markets for the week 1t 46l. 900 stooa
10l 900 smaller than previous week.
$4,000 smaller than yea- ago $4,000
smaller than two years ago and 10000
larger than three years ago. Fer 191
TO date eleven markets received 2,i2i,-
600 or 10000 more than year ago
and $4,000 less than corresponding
period of 1912
Cattle.
Good grades of cattle were strong.
Western markets are getting no big
run OF cattle. Kansas Ctty's Januar.'
receipts are slightly in excess CT 120.-
600, or $4,000 less than last year Oma-
ha has received around $4,000, or 2.oeo
more than in 1913, while st. Louis
with approximately $1,000 exhibits a
shortage Of $4,000. Much of the Janu-
AIRY crop has been short-fed stuff and
premature marketing has been con-
spicuiously in evidence. Thousands OF
cattle merely in good feeder condition
have been sent to the shambles that
could not have been replaced at the
same money.
Since the mid-January high spot
prices have had a sharp reaction and
35 d4o cent declines have caught the
rank and file of steers. In the case of
specialties. and everything with quail
ity and finish is in the specially class
now, the loss has been little, but excess
sive marketing OF medium and COM
mon grades has been persisted in.
Light fleshy cattle with insufficient
quality for the feeder outlat have been
bad actors. The proportion of $3.50
s.25 stuff in the run this week has been
large and it has been on a peddiing
basis much of the time.
AT open winter has favored the teed-
er and most Of the cattle coming have
made excellent gains. This has fur
nished added inducement to count
profits. At the january high spot the
market was on a very remunerative
basis, but the subsequent reaction has
brushed away at least some of the
bloom. The adNnce during the early
part Of January was so uneven that
comparisons are hard t. make. but the
ss.40 q Sos grades at the high time
have been hit hard.
Market sentiment is anything but
bullish at the moment. Lent is ap-
preaching. moving time in the country
Is not far away and indications point
to continued free movement of east
ern cattle. 1t is an open secret that
territory east of Chicago and below the
Ohio river tucked away lot of thin
cattle last fall and they have been get
ting into better beef condition every
day meanwhile. Having been put in
high. holders may be logically expected
to cut them loose at the earliest op-
portunity. Lent is always a bear in
fuence, altho its importance is exag-
serated by killers, and renters invar-
iably contribute a considerable num-
Der of cattle around moving time
Unreasonable weather has been an
influence Of adversely. A prolonged
cold snap would probably Increase beef
consumption 20 per cent. Eastern beef
markets are stagnant and city trade
is dull. The industrial situation shows
steadily improving tendency and if
this continues the cattle market will
profit.
Supplies Of sheep and lambs proved
excessive.
To the unreasonable weather condi-
tons which prevailed all week up to
Friday is attributed the greater portion
of sellers tribulations in est week s
trade. Practically everything selling
here for slaughter on Wednesdays
mean market and in the Thursday ses-
sion showed a 25-cent decline from the
previous weeks closing and mcst sheep
and medium yearlings ara still that
much lower than a week ago. tho Fri
days advance left desirable yearlings
not more than IL cents under week
ago and lifted prime lambs which
got the short end OF the weeks decline,
back to practically a steady basis with
week ago, others now showing de-
Cline OF largely 10 cents from late the
previous week.
High tenapera lures and muddy feed
yards. together with general DISPOSE
ton on the part Of many feeders to
side-step feed bills, have resulted in a
lot of stuff showing up that has been
sadly lacking in finish and quality on
the rank and file of the offering has
been about as poor as it ever was at
this season of the year, We. finish and
quality have not commanded the
premium 1t deserves, nor has it at any
time This winter.
Chicago Livestock.
Chicago. Feb. 2-Cattle-Estimate
receipts for today, $4,000; market
steady.
Beeves :. ........ ..... 5000 $50
Texas steers ............. $500 500
Western steers ..... 6.40@ 7.S5
Stockers and feeders ...... 5.20@ 500
Cows and heifers .......... $500 $50
N