Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-03-05
MARKET TURNS WEAK WHEN
DEMAND FAILS TO MEASURE
UP TO OFFERINGS.
CATTLE OFFERINGS NOT
NUMEROUS AND PRICES HOLD
Market Considered in Fair Condition
to Absorb Moderate Reeeipts-Prime
Lambs Find Good Outlet - Sheep
Trade DuII-Review Of Market Con.
dtons.

Chicago. -1arch Sit was weak
market today for hogs. Demand was
slack and stale stock was heavy.
Chicago aid not get enough hogs re-
Gently to warrant packers getting into
the market Missouri river markets
had a lot Of storm delayed stuff, but
the run here suggested several posi-
blities, one being that it was a
premonition of scarcity. another that
growers do not like present prices and
are keeping stock under lock and key.
The big packers had no alternative but
keep out of the market, as a buying
policy would have speedily introduced
the Scent hog. Every country buyer
coming 10 Chicago is taking scarcity
and predicting light spring supplies.
Eleven markets received $4,000 hogs
Wednesday OF $500 more than last
Wednesday. $500 less than year ago
and $1,000 less than two years ago.
Total for tie first half OF this week
291 900, or g. 900 more than same period
last week. $4,000 more than like time
last year and $4,000 less than cor
responding three days TWO years ago.
Total for 1914 to date 4.,e1, 000. or S.
o00 less than same period 1918 and L..
100000 less than corresponding time
1912
Cattle.
Cattle offerings were not numerous.
Midweek gain for the good to choice
grades put values for them back to
levels about on a parity with the high
market here one week ago, but still
there was minus the brisk activity in
demand shown that session. this in
spite Of lighter supply locally this week.
For the common, plain and medium
grades it was trade steady to a shade
under the best rates they made last
Wednesday. but still these were at least
firm to 10 cents higher sellers than at
the close last week and the bulk of stuff
cashing above $3.50 showed 100 zoe
rise over levels than noted, but the long
end of the advance was noted chiefly
for $500 and higher priced goods.
First estimate on the midweek run
was for $4,000. but this was later boost
ed to $4,000 and made only 31,400 for
three days this week. against 41,967 a
week ago and 36.470 year ago. Six
markets had 26,40o for the day. de-
crease Of 1900 from week ago, but
week to date run at these points total
ing $4,000 showed 5000 gain over a
week ago and 5000 more arrived in the
same period a year ago.
While the bulk of low and medium
quality steers did not get well under
way in the early rounds. it was fair
ly decent trade in them later and clear
ance was made in good season-in fact,
some of the later sales in the $3.50
@ eLo
than killers were willing to develop in
the early rounds.
Sheep.
Prime lambs found good outlet but
sheep were dull.
Country shippers will probably not
unload much stuff on the market the
balance Of he week and many traders
look for recovery Of the decline regis
tered previously this week. Shipping
orders were not very numerous and
pa clSers proved to be the best com
petitors once they got started. City
butchers did comparatively little buy
ing. Eastern dressed markets are said
to be still in bad shape and the firm
ness here came as a surprise to many.
while there We're many good &c
choice lots offered. the proportion Of
prime handy-weight killers was the
smallest Of the week and consequently
! latter kinds went at a premium Many
owners have held back stuff so Ions
waiting for better prices that the lambs
now being marketed are too heavy fol
the most particular buyers. Mos
/ offerings cleared by noon. but some
heavy arrivals We're still awaiting sat
! isfactory bids at a late hour. Feedins
grades We're quoted steady, but fewer
| lots were available than the first tive
! DAYS of the week. Colorados We're II
| fair proportion and some shorn offer
| ings were included in the receipts.