Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-05-19
SCANTY SUPPLIES
LIFT HOG PRICES
QUOTATIONS TIGHTEN BECAUSE
OF MEAGERNEsS OF
OFFERINGS.
DEMAND FOR FEEDERS
UPHOLD CATTLE VALUES
Because Of Scarcity Of Thin Stuff
Prices Harden All Along Line-SeI-
lers Refuse to Let Go Of Sheep and
Lambs Except at Price Advanees-
Review Of Market Conditions.

frightened today The ChicaCo supply
was scanty.
Eleven markets received only 96,9Qo
hogs Monday. or 20.400 less than last
Monday. 1900 less than year ago
and 2l,700 less than two years ago.
Chicago and ST. Louis showed the
sharpest decreases, while Buffalo re-
ported the largest increase. Total for
1914 to date 9.03S,000, or $4,000 less
than same period 1913 ana 1,66',00o
less than corresponding time 1912.
Packers had over 300 nogs in Mon.
day direct from other markets. There
We're not many dead hogs among the
arrivals but most traders said the
shippers were mighty lucky, as wealth
er was quite warm over Sunday. Coun-
try shippers should be cautious about
loading hogs and not to put too many
In the cars, as the weather changes so
quickly that ii may result in heavy
loss to the owner
Cattle.
Demand for feeders upheld the
quotations of cattle in general
All grades caught the decline yester-
day The prime ones sold lower than
in weeks past. and very few had class
TO land above $500. A lot of yearlinSs
We're offered and practically all ot
them went lower, but it was the PLAIN
and medium heavy steers which had
rela lively meanest favor, since the
heavy carcasses are ones fndlnS poor
est outlet in consumer channels. East
ern beef trade. and also the local SIT
uation, showed no Improvement. Con-
ditions were thus favorable for lower
buying. and packer buyers simply
bidded their time to get the purchases
at reduced costs Shipper competition
was not strong enough to force the To-
cal buyers into free buying at any
stage Twenty three loads OF Ken
lucky stillers came direct to Armour
and S. & S, putting these houses IL
shape for early killing without morning
huying and other packers were content
TO pick UP she stock for the early
drives. Morris also had Ave loads OF
stillers direct.
Concern is heard in livestock circles
as 20 the effect OF a bumper domestic
corn crop on stock cattle. An unprece-
dented condition now exists. thin cat
| tie outselling fat ones in many IN
stances. This is susceptible of but one
interpretation, meaning That acute
shortage Of young steers exists every :
1 (,
| sS.50dS.5 for young cattle for finish :
ing purposes at Chicago this week,
| While killers have been able TO get fat
bullocks for less money, and no more
| convincing evidence OF scarcity OF
young cattle is needed
| Sheep.
Best sheep and lambs were Kept I'M
| less an advance was conceded.
Considering supply figures and the
near prohibitive level The market
| rea ched last week, the trade acted
! very agreeably at the obening this
week. Packers made half hearted
effort a. the start to enforce declines
but their need Of the offerinS soon be-
came apparent and once started the
market developed a moderately active
tone on the basis noted. The local run
| was no more than generally expected.
at around $4,000 head. of the six MIS-
| souri, river marts Kansas CITY. st. Jo-
| seph ard ST. Louis We're we'll sup
piled. st. Louis reporting run o.
$500 head that included seventeen
loa Dis Of Tennessee springs and ewes
and seven doubles of Texas sheep. four
of which are en- route to Chicago pack
ers. Omaha was very light. Louisville
reported an expected good run, SOU
head. and there were 1000 at Fort
Worth. while Buffalo had a modest
Monday run of 21.o00. bu; went lower
best shorn lambs selling thereAat $3.50