Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-01-19


buyers put up the prices Of hogs today.
Estimated average weight Of hogs al
Chicago for the week was 216 pounds,
or two pounds heavier than previous
; week last year and four pounds heavier
than corresponding week two years
ago.
Top hogs at Chicago for the week at
| $3.50 stood the highest since October
1913, or 10 cents higher than preceding
week. 80 cents higher than a year ago
and 50 higher than two years ago.
| Average price figured ss25, or cents
higher than week ago, 81 cents higher
than a year ago and s1.96 higher than
| corresponding week in 1912.
Eleven markets received $500 hogs
Saturday, making 100000 for the week.
or $4,000 less than previous week, 81 900
more than year ago and $4,000 less
| than corresponding week two years ago.
During the corresponding week OF 1905
the combined supply was $500 Total
for 1914 to date 1.423,0OO or $1,000 more
than same period 1913 and $4,000 less
| than corresponding time 1912.
Cattle.
Cattle were slow, especially common
grades. Prices were maintained.
During the week cattle sold up to
$3.50. Cattle averaging better than
1000 lbs sold at the price on Wednes-
day, and the sale stood the highest
since last October. Again on Thurs
day the price was paid for cattle that
were little fighter in weight. There
was quite number Of sales during the
az
$500 up there was tho largest number
| that have been seen IN weeks.
Packers gave market fairly good
support the first three days Of the
! week, but We're inert in buying after
Wednesday. They claimed to be weil
filed UP with beef at the houses and
wanted a chance to unload some Of tho
product Weather warmed up toward
the end of the week and packer buyers
claiming this would have a tendency to
weaken fresh beef prices, insisted on
reductions in ~ cattle.
Despite the Mt that warm weather
! may effect the beef prices, it was no.
! ticed that cuts OF besf at Wholesale
We're marked high and stand much
higher than the previous weeks prices.
ITelegraph1c advices told of large num-
Der Of cattle being sent from Argentina
to this country. the number being twice
as large as those OF the week before.
Some foreign dressed beef has been
selling on the Chicago market in The
last couple Of weeks and traders claim
1t has not much noticeable effect on
the regular market
Shippers were good buyers during
the week and many cattle found outlet
from that source. Eastern buyers
bought many Of the choicest cattle Of
fered during the week. and packers
had keen competition on most days.
Beef conditions in the east are said
to be in good shape, and shippers
needed cattle to supply this demand.
| Weeks receipts at Chicago totaled
57,100 head. comparing with 51,712 a
week ago, 63,627 year ago and 57,41S
same week two years ago. Receipts were
about az expected and traders claim
marketings must be conservative dur
ing next week to avoid q break in any
thing but the best grades Of finished
cattle.
OF the total number marketed last
week, shippers were credited with TAX
ing 25,100 head. against 20.717 a week
ago, 23,7sS a year ago and 20.73s same
time two years ago. There were 3d.
600 left for local consumption, against
30995 a week ago, 40.039 a year ago
and $3.50 same week two years ago
At six principal markets last week
there were 141,soo cattle marketed
which compared with $4,000 week
ago, 15s,4O0 year ago and 10000
corresponding week two years ago
For the year to date there have been
300, 900 cattle marketed az these points
or $4,000 less than like period year
ago.
Supplies of sheep and lambs were
plentiful.
It now appears that some judicious
marketing will be necessary for the
next 60 to 80 days. w. H. Myers. head
of the S. G. S. sheep buying forces at
Kansas City, and man whose opin-
ions on market conditions are valued
was a week end visitor here and an
swered queries in this wise:
ITO me it looks like there would
easily be enough sheep and lambs
particularly the latter, for the next 80
days at least to prevent any boom In
the market, and probably enough to
warrant expectancy of some decline
from prices now ruling. believe the
reports of big shortages in feeding
operations in the Arkansas valley have
been exaggerated and that feeding
elsewhere in the west. admitted even
by those inclined to bullish opinions tc
be generous, are materially larger thar
generally figured on. The San Luis
Valley has ben marketing quite freely
Of late at river markets, but still hal
a good many lambs to come, while
Northern Colorado il just starting tt
cut into what is doubtless the largest
supply Of lambs ever fed IN that dis.
trict. Utah and idaho are also to b.
reckoned with as a source Of q consid.
cradle supply this winter and here
after, while there IL . lot of stuff OF
, feed in the Platte river country O.
, Nebraska. Supplies In the corn.bel
; proper have been pretty well worked
down and the territory from which
eastern live markets draw supplies Il
said to be lightly stocked, but suppl!
} prospects on the whole look somewha
too burdensome to warrant expectanc!
Of boom. Little foreign mutton Il
coming into United States ports, bu
there will probably be enough Of It t,
assist somewhat in dulling the. edge o
J the trade"
chieaoo livOotoee.