Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-11-05
PRICE GAINS N
HOGS Fail 70 HOLD
INCREASED SHIPPING DEMAND
LEADS TO EARLY ADVANCE
IN VALUES.
BENEFICIAL EFFECTS
OF SHORT DURATION
Cattle Offerings Appear to 30 Over
Plentiful For Weekend Trade
Good Call For Sheep and Lambs
Review Of Market conditions-cur-

Chicago, Nov. 5.-Increased shipping
demand today helped to increase the
price of hogs but the effect soon wore
Off
Weighty hogs are comparatively
scarce and they will outsell the light
stuff right along for some time 10
come. Good heavy packing sold Thurs
day around 6.60G6.65 while a large
number of 40 to 1e0-pound mixed sold
around $50. The general market
closed top heavy, with packers more
bearish than usual, partly owing TO a
declining market on change for pro-
visions.
Eleven markets received $4,000 hogs
Thursday, or 1920 more than last
Thursday, 10000 more than a year ago
and 1900 more than two years ago
Total thus far this week $4,000, or
$4,000 more than the same period last
week, $4,000 more than like time last
year and same as corresponding four
days two years ago. Total for 1915
to date 20.914,oO0, or 1.S59.0o0 more
than same period 1914 and 126,O00 more
than corresponding time 1913.
Cattle.
Cattle offerings seemed a little over
plentiful.
stun in the run this week and neces
sity for slaughtering it handicaps the
market. The .50q6.50 grades have
been superabundant and some of these
cattle are decent in quality. Why they
are sacrificed is mystery. Packers
use the product largely in filling Euro
pean war contracts and that trade is
not of recent volume owing TO heavy
Argentine shipments. Butcher stuff
has been abunGantly on tap and cows
selling in the same price range as
cheap steers hang up more and better
product. That these cheap steers Will
continue TO run is certain and mean
market Is to be expected while they
are plentiful.
Prime cattle have advanced Esq 40
cents this week and the grade just be-
low has gained 1925 cents, but un-
der the Scent line values are 1925
cents lower than Monday. the spread
between decent and prime steers being
the widest of the season.
BY the end Of next week Virginia
and Kentucky cattle will have been
well run and the western movement
will diminish With less pressure
from those sources the market Is e2-
pected to act better.
Thursdays receiuts at 5000, COM
pared with 6.601 a week ago, 4.sis a
year ago and 6.S77 for same day two
years ago. During the first four days
of the week there have been about OIL
400 cattle received at Chicago, against
49,021 for same days last week, AZ
906 a year ago and 1892 for corre-
spending period two years ago.
The run of western range steers TOT
the week this far is considerably light
er than last week. which shows that
the natives are being liquidated freely
and offerings this week as whole
have been of rather common quality,
the strictly prime offerings OF all
weights being scarce each day.
Sheep.
There was a good call for sheep and
lambs.
Compared with the close Of last
week a few of the best light weight
lambs were 1Gd15 cents higher with
extreme instances showing a quarter
gain. but the bulk of arrivals showed
/! little Improvement most lots appear
| ing strong. On the other hand. some
/ of the in-between and warmed
were weak and 1925 cents lower.
! Heavy kinds were barely steady thru
! out. The general quality yesterday was
i good and no severe sorting was done
! al,ho a few loads sold straight. There
we're some Idahos and Montanas on
! sale and other lots consisted OF natives
and fed westerns.