Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-03-07
SCARCITY OF OFFERINGS GIVES
PRICES ANOTHER LIFT
UPWARD.
CATTLE ON STEADY BASIS
At WEEKS FINISH
Prices Higher Than Week Ago and
Outlook Encourages r farmers to Hold
Develops For Sheep and Lambs
Needs Of Market Supplied.

today were smaller than expected and
the market went higher.
A decrease of $4,000 hogs at clever.
markets compared with week ago
and 5000 compared with year aso
today was mostly at western markets,
Buffalo getting 1000 more than week
ago and $500 more than year ago.
Chicago alone had 9,400 less than
week ago and Kansas City decreased
1000. with only 1000, while Omaha, 81.
Louis and ST. Joseph combined had
10000 less than Friday of last week.
A year ago next Monday, March 10.
1913, receipts of hogs at Chicago were
6S745 the largest days run in five
years or since Jan. IA, 1908, when 49,
Q13 arrived.
There were only six days in the his
tory of the trade when more arrived
than year ago next Monday, the larg-
est days receipts on record being Feo.
10. 1908, when S7,716 arrived.
The big run a year ago was caused
largely by sharp boost in prices dur
ing the proceeding week, when pest
offerings advanced to 50, s1.3O above
the low top during the previous month.
Cattle.
Cattle held steady.
While the tops this week went only
up to the high point week ago, $40,
class of stuff not as highly finished
as the 1915 sellers last week made
the price, and bulk Of right choice
heavy steers, as well as best yearlings,
now show levels fully as good as noted
Wednesday Of last week. Below $50
and down to $3.50, however, the trade
is hardly on as strong price basis as
then, this being class Of good grade
killers, which has shown less advance
the past week than the strictly choice
and medium grade shortfeds.
Mean little steers off warming-up
of corn have failed to get material
price betterment, and same has been
true Of the habitat yearlngs. kinds
landing around 1925 and a little high
er, but the strictly good to choice
yearling cattle have done WELL making
general price advances.
Upturn in values and the bullish I'M
dercurrent in trade is due alone to
light supplies Chicago had only Al
TOO cattle in five days this week,
against 1855 week ago and 42.714
a year ago, while it has been a short
crop at the western points as well,
only 100000 arriving at six markets in
the week to date, comparing with H.
600 a week ago and $4,000 year ago.
Western markets continued to get
short quota of good beef steers and
Chicago is the only market on the map
where there is any very generous pro-
portion of we'll finished kinds. Local
ly a little larger percentage OF fat
weighty steers came this week, high
prices current here attracting numer-
Gus Nebraska heavy steers, while Iowa
also demonstrated that fair crop of
right good to choice grades has been in
process of making during the past few
months. A larger proportion of fat
1861 pound and bigger steers is run
ming now than the trade had looked for
at this time. but that any very lib
eral supply of choice goods will come
indefinitely does not seem probable in
view of general surveys OF the supply
map, which registers shortage Of we'll
conditional beeves. Eastward there is
small crop of good steers moving,
but time is near at hand when some
generous rush Of winter fed steers may
be expected there, and these may di-
vert shipping orders from the local
market, but as the situation STANDS
here 1t requires no very great shipper
demand to give the market fairly
keen edge, since supply for killer outlet
is well within their requirements,
small beef stocks in local coolers hay
ing been the rule all this season.
Sheep.
No active call developed for sheep or
lambs.
Starting the week under the handi-
cap Of a Monday run Of nearly 41,00O
head and a breaking price list.
the trade has since seen hardly d ray
of sunshine. A little Improvement de-
veloped on light mid-week supplies,
but excepting in the case of few
prime handy lambs which retain
a strong to 10 cents higher basis than
the Tuesday low spot, the market has
slipped back to the weeks bottom
levels and stands full % cents lower
than a week ago on practically every
thing in the fat lamb and yearling line
while matured muttons are irregularly
1Om25 cents lower than week ago
ewes showing more loss than wethers
| No considerable quota OF the lamb
]yearling and eve supplies have sold this
week 40m5O cents below high time OF
| the week previous.
Generous receipts, on top of the lib
eral run last week and narrowed east
ern shipping demand consequence 70
slump at Buffalo and bad acting
dressed mutton market have been price
| depressing factors.
| Chicago Livestock.
l 1S..nb 7 Catt1e-FSti-