Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-02-13
.PORC|NE MARKET
SHOWS ACTIVITY
TRADING ENLlVENED BY CON-
-PETlTIoN FOR OFFER
INGS.
PRICES ADVANCE
ALL ALONG LINE
PRICES ADVANCE
Receipts Held Down to Moderate Pro-
portions Packers Satisfied With
Present Values-Catte Market Weak,
Prices Being Generally Lower Than
Week Aso-current Quotations.

was fairly active today, bidding DelES
brisk for the best, ana prices advanc-
! ing cents all along the lne. Receipts
were of moderate proportions.
The trade has hunch that packing
town is satisfied with current hog cost,
and, remembering what happened SUBJ
sequent 10 the ga ii2c market of 1908,
are not desirous of discouraging grow
ers and reducing production The pres
ent heavy movement spells liquidation
hogs by the hundred thousand having
been cashed during January and Feb
ruary that would have been fed until
April or May had the board bin not
been excessive and the market prospect
more promising.
Eleven markets received $1,000 hogs
Friday or 5l,200 less than last FRI
day. l200 less than a year ago and
, 000 more than TWO years ago Total
five days this week $4,000, or 1900
more than same period last week, 49,
coo more than like time last year and
$4,000 more than corresponding tive
DAYS two Years ago. Total for 1919
10 date 4.2g4,00o or $4,000 more Than
same period 1914 and 1872 600 more than
corresponding time 1913.
Cattle.
Cattle market continued weak, althn
offerings today We're small.
The trade nov is on a level any
where from 30 cents TO 20 cents down
from nigh point Wednesday of last
week ana bulk Of the Ss,50Q $50 goods
look al least 90 a s. cents down.
Nine cent mark mas been eftaced ex-
cept possibly a. a quotable figure for
double fancy yearlings. which II IS
doubtful. if an owner would ship TO sell
on that level, since the impression pre-
walls noN that low spot has been nit
and that rebound is going to be made
shortly for the choice 10 prime goods,
botn heavy and light. That kind, along
with all others are selling lower than
their cost 20 produce, and this situation
is not conductive TO good feeling on
part of the feeder.
Beef is not coming down proportions
ately. A trader who says he has had
occasion to buy pound Of round steak
each day for weeks, claims 1t cost him
20 cents al the outset and that he paid
the same price for like quality goods
yesterday. The butcher is 10 blame in
some measure nc doubt for maintain
ing prices but the trade argues that
wholesale beef is not going cores
pondingly low with the stuff on the
hoof.
Beef on the hoof right now is claimed
to be the cheapest food commodity in
the market and its cost 10 produce is
higher than any ether article of diet:
Conditions are making the market
such as 1t is and many Of them are de-
cidedly bearish Western markets runs
are generous and the stopping of stock
er movement into Nebraska has thrown
lot of near beef in the trade. The
sfut-on Of generous Ohio, Pennsyl-
vania and Maryland demand here
leaves New York as chief shipping
outlet for Chicago, and that trade de-
nlands mainly the big. good To choice
steers. but even these are a drag to
the market
Chicago is given n clean bill OF
health by the federal officials and yet
its outgoing shipments are barred in
three big eastern consuming states a
movement is on foot to seek permis-
sion to ship stock direct from here to
the doors of PENNSYLVANIA, Ohio and
Maryland plants and IT should be
successful unless state veterinarians
+ there are determined 20 continue the
( lock- out unjustly.
Sheep.
Sheep and lambs we're steady. ar
rivals being only 1000 head
! Packers have lost money for several
weeks on lamb purchases and for that
reason are not in position 10 support
the market for livestock They are
firing Of playing a losing game and
unless dressed trade in the east i'm
mediately improves country shippers
viii De compelled to hold down the re-
ceiDts, if present prices are 10 be
sustained. Cheap cost Of beef and pork
at this time has bearish influence on
/ the lamb trade and only temporary i'm
! provement can be expected.