Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-03-16
MARKET FLOODED
WITH UV[ HOGS
LIBERAL RECEIPTS IN CHICAGO
TEND TO WEAKEN
PRICES.
DAYS CATTLE OFFERINGS
RELATIVELY SCARCE
Market Shows Declines For Past Week
Except For Prime Offerings = Gen.
erous Run This Week Certain to
Bring Further Reeessions-Trade in
Sheep and Lambs Slow.

For 1914 to date eleven markets are
credited with 5.29O,O00. showing $4,000
decrease compared with year ago and
l,435,O0O decrease compared with two
years ago standing $4,000 below the
average for the corresponding period
during the past seven years.
The situation looks healthy and now
that the top of the lill' has been
reached, the ''I-told-you-so" CLUB Is
starting in with fresh predictions OF
how high prices are going in the near
future.
There is no question but what the
general situation looks decidedly
healthy and there is every chance for
prices to go still higher, but on the
other hand, packers oftentiines chanse
their tactics, and even in the face OF
compare lively small receipts are apt to
get their polar bear coats on again.
Then again a continuation OF the
good shipping demand and with an
improvement in the demand for cash
pork products. which seems like
conner from present indications the
big local talent might not have any
too easy sledding. especially with
SPECTATORS cunteIldeTs.
Cattle.
Cattle were relatively scarce.
There can not be materially i'm
proved action in the market for any
class of steers in the near future I'M
| less beef trade shows decided gain IN
demand. according to packer buyers
Some generous stocks in the east are
difficult 70 move in competition with
the Argentine product. and lot of the
latter stuff has been sent this way IN
the past few weeks, 1900 quarters be-
ing loaded at Buenos Aires the past
week
Everything on the list having taken
hard declines, only the prime graaes
escaping demoralized demand, this
situation should be an admonitlon 10
owners Of habitat and medium stun
| to feed out such grades until there Is
turn for the better in the market. II
the trade gets anything like generous
run this week there will likely ne
further price punishment but in re-
cent months severe price declines one
| week have been cause for cut in the
runs the week following. and If pre-
cedent is worth anything short crop
should be marketed next week
A 1855 top made in midweek could
not safely be quoted at the close, while
some right choice 1900 to 1,450 pound
steers sold recently at sSs0G9.25 were
admitted by the buyers to have as
much class as kinds for which they
paid 35d4 40 cents more money ten days
previous. A spread Of sS.l0GS.I5 took
big share Of weeks crop Of medium
to choice steers, ranging in weight
| from 100 to 1,4O0 pounds, and kinds
! upward of $3.50 late in the week had
| been fed a considerable amount OF
corn, while right decent light killers
| went around ss.00@S.25. such as made
! at least 35440 cents more money al
the high point ten days ago. Feeder
/ competition prevented the same severe
breaks for the under IS kinds as noted
above that price, although killers mad
| access to lot of 900 to LOO pounl
and heavier warmed-up. common to
| fairly decent carcass makers within
range of S7.65 17.9Q, and bought the
tailings down to s7.00G7.40. while IN
the Friday session five loads Of Texas
steers. SCI to 1.090 pound averages of
cotton cake. sold at s6.75Q 7.6o.
Bulk Of the whole weeks trading was
within a range of sS.00G9.10, but after
Monday a small showing was made
above $500. Tops at 1856 showed so
cents rise over high point year ago,
while bulk Of business was 10035 cents
higher than range which took major
portion of steers at that time.
Sheep.
Sheep and lambs proved slow.
Increased receipts at Chicago last
week was more than Offset by smaller
runs at outside markets and prices
showed steady to Is cents higher
level than the previols week, the ad-
vance being limited practically to good
to best handy-weight lambs and choice
to prime wethers and handy ewes.
Heavy lambs have lost all their early
week advance and heavy sheep. with
the exception of a few loads OF prime
class. sold Thursday on much the same
basis as the previous week. Yearlings
have been in light receipts and have
shown little change in value from the
previous week.
The trade is inclined to look upon
the advance, where noted, of some
what front character Top lambs sold
here Friday on parity with Buffalo
prices, dressed mutton trade down east
has failed to improve materially and
the general situation looks top heavy.
A moderate check in marketings, how
ever, for this week at this juncture
appears probable and the selling side
is hoping that the run will be cut suffi-
GENTLY to permit Of a retention. a!
least, of current value. which, high as
they are relative to eastern markets,
are down to levels which Colorado
feeders can not view in a favorable
light and which is causing holders OF
good sixed bands on feed at nearby
feeding stations some worry.