Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-02-20
SUPPLY
Of HOGS OFFERED
PRICES DROP 5 AND 10 CENTS
BECAUSE OF HEAVY
RECEIPTS.
CATTLE SUPPLIES NOT
IN EXCESS, OF DEMANDS
Prices Hold Steady, Retaining Levels
Shown in Recent ADMINISTRATION
Disposed to Pay High Prices in
Order to Coax Heavy Run Next
Week-Packers in Need of Sheep.

Chicago, Feb. 2O.--The supply OF
hogs today was excessive and prices
dropped and 10 cents.
Receipts Thursday were estimated at
$4,000 and were few less than looKea
for, but the large lay-cver had bear
ish effect on trade. SO far TINS week
there have been 111.9oO hogs marketed
at Chicago, being 25.1OO less than
week ago, $4,000 less than a year ago
and 34,60O less than corresponding Pc
Rod two years ago.
Eleven markets received $4,000 hogs
Thursday, or 1900 less than iast
Thursday, $1,000 less than a year ago
and 1,400 less than two years ago. ~
tai thus far this week $4,000, or 9o'oOo
less than same period last week, ol,oVo
less than like time last year ana 44,ooV
less than corresponding four days Two
years ago. Total for 1914 10 dtee
1855, 900, or 100000 less than same Pc
Rod 1918 and $4,000 less than corre-
spending time 1912.
Cattle.
Cattle offerings were only OF mooer-
ate extent and prices head STEADY.
1t is an unexpected stronger develop
ment in steers which may not stlck'
since Lent is only a week away, ana It's
influence on beef demand, always lelt
to some extent, may have erect III re-
versing the better price situation no"
shown. Still the west is getting ohl!
light supplies of good beef steers anu
the consumer demand both locally ana
In the east has felt rhe impetus OF cold
weather, zero temperatures shifted 10
seaboard having a particularly strons
effect In bolstering up the demand at
that quarter, despite the arrival or Ar
gentina chilled and frozen beef quar-
tiers in rather generous volume.
A free movement Of decent to good
steers to the east. where shipper call
has been short in recent weeks. was
uncovered Wednesday and packers
after showing a decidedly apathetic de-
nand early that session were forced TO
loosen their purse strings for prac-
ticaHy all grades Of steers before the
close that session, while their needs Tor
beef evidently did not diminish over
night to effect a slowing up Thursday.
Whether 1t H. a bid for big run
next Monday cap not be determineu'
but the trade will do well without II,
and probably have strong reaction II
a generous crop arrives. according to
sellers views. Given a run as Dig as
arrived last, .Monday-a5, 000-and reac-
ton to lower levels. particularly In the
market for short-feds. which now are
comprising bulk Of marketings, can
only be expected.
The prime stuff going higher this
week, to g.. $685. top only bears out
sellers strong views on market pros
poets for that kind, but the very prime
beeves are not showing their relative
pr emium over next best kinds. trades
at s9.15M9.35 late Wednesday being for
steers which intrinsically We're declared
to be worth 6Q@75 cents less money
than the toppers.
Thursday run of 800 made 81 600 for
the four days this week, largest in over
a month, while comparing with 4s,633
week ago and 4S.24G a year ago. At the
six markets totals for four days stood
10000, against $4,000 a week ago, and
12S,000 year ago, but when the south
ern stuff begins coming north in gen.
erous volume to the river markets it
will ne cessarily be a factor affecting
the selling situation in local trade for
the warmed-up and plain to decent
short feds.
Sheep.
Packers needed sheep and lambs.
Moderate receipts and continued
good eastern shipping demand were
Strengthening factors in recent trade.
Local receipts were estimated at 90
600 head and there were but $4,000 all
told at the six leading western mar
ke;S against $4,000 a week ago.
Supply showed marked paucity OF
really prime handyweignt lambs and
choice were none too plentiful, tho the
bulk, outside of a few strings of Mon
tana feeders, was Of decent to good
killing grade Only three loads of
Colorado fed lambs were numbered in
the supply and they were northern
bred lambs lacking top classes.