Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-02-13
1--WE HOG SUPPLY
BURDENS MARKET
LARGE RECEIPTS AND LEFT
OVERS FROM THURSDAY STOP
PRICE AscENDENcY.
PRICE CONCESSIONS
NECESSARY TO MAKE SALES
Cattle Quotations Held Up Well Under
Days Small Offering's-Too Heavy
Receipts Responsible For Slump
Earlier in Week-Sheep and Lambs
in Plentiful Supply.


heavy leftover supply proved burden
today on hog prices.
The argument with packers buyers
that prices had too much of a bulge,
the sharp advance in the past ten days
being unwarranied by conditions exist
ing in the provision trade.
Early transactions Thursday were no
criterion of the general market, In fact
late in the day butchers sold at 1855
that were better than anything sold
early al 1915 and as good as the $3.50
class early Wednesday.
Eleven markets received $1,000 hogs
Thursday, or 24.100 more than last
Thursday. $500 more than a year ago
and 1880 less than two years ago.
Total four days this week 4O1,ooo, or
5000 more than same period last week.
% 900 less than like time last year and
100000 less than corresponding four
days two years ago. Total for 1914 TO
date 1882. 900. or 10000 less than the
same period 1913 and $4,000 less than
cor responding time 1912
Cattle.
Cattle quotations held UP well or
small offerings.
A case of too many cattle this week
has spoiled prospective coed market.
Four days run here stood 1920. or
$500 m ore than q week ago. While COM
parlng with 37iSi a year ago, and fhe
six markets four-day crop, totaln@
114.CC0. shows 12,OG0 increase over last
week and 1900 mere than year ago.
This increase locally. coming alone IN
the Wednesday and Thursday markets,
and unexpectedly has had erect III
knocking out the little bullish senti-
nent existing in trade at the start this
week. when strictly good to choice
steers sold firm to 10 cents higher and
the palmer grades held steady.
Only the 50 and higher grades are
now holding Mondays appreciation and
shaw little advance over week ago.
while for the rank and file Of the con- :
mon to good steers 1t Is trade quot
able mainly 10 cents lower than the
close last week, a!tho some Of the
handy-weight Eat kinds at $500 $50
in recent days showed steady basis.
A little better shipping outlet this
week has been a saving factor in the
trade. but eastern fed stuff. mostly me-
dium in grade.;'while not moving as
freely as last week, was still numerous
enough to hold IN check lot of shipper
competition in the middle quality
cattle. y
A lot OF unea siTess regarding the fu-
ture shown by feeders and owners Of
sort tied stuff doubtless was reason for
generous shipping this week, but these
classes hit market at time when con-
siderably smaller supplies would suffice
to fill actual trade needs. Competition
from the frozen and chilled imported
beef quarters now. in the east is, OF
course. some factor >inlcohtributing to
the narrowness-o Of the dressed beef OUT
let here, and aitho the Argentine i'm
ports are considerably below volume
expected. tota, crop from South Amer.
lea since Jan. being equal to less than
10 900 cattle. irs bearish influence on
the trade must of course. be reckoned
with and DOUBTLESS is being weighed by
many feeders who are now DESTROYS OF
cashing short fed steers, holding the
belief that despite cheaper cost of corn
and strong weight gains. they can do
little good in carrying them for March
and April markets.
Sheep.
Sheep and lambs were plentiful.
While lambs continued to predomi-
nate largely in the supply, the run
Thursday was better balanced than on
any preceding day of the week. several
loads of good wetEers. fair supply OF
| fat ewes and good sprinkling Of year
lings being included in the crop Quail
~ -f,-r,i 10 yaF1