Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-04-10
HOG PRICES GO
Up WITH JUMP
BULK SELLS IN CHICAGO At
PRICES ABOVE SEVEN DOL.
LARS.
SHIPPING OUTLET
TO OPEN NEXT WEEK
knowledge Of Enlarged Market Boots
vaIues-eattle Quotations Only Nom
Supply - Review Of Market condi.
tions-current Quotations

Chicago, April 10.-knOwledge that
shipments from Chicago would be re-
sumed next week tended to boost hos
prices.
Opening the eastern outlet for hogs
means readjustment Of values. Fol
weeks it has been a one price market,
owing to practical elimination of spec
ulation. Corn is high and hogs are not
paying for the grain they eat. Con
sequently the summer run of grass
widows" as the SOW crop is known IN
market parlance, will be green. By
July spread of 81 per cwt between
choice shipping and common packing
hogs Is probable, and packers will be
under the necessity of taking a lot OF
shrinky stuff for which there will be
no other outlet.
Eleven markets received $500 hogs
Friday. or s,4oO less than last Friday
1900 less than a year ago, and 1900
more than two years ago. Total five
days this week 100000, or 10000 less
than same period last week, $4,000
more than like time last year and 61,-
900 more than corresponding five days
two years ago Total for 1915 to date
s,5sO,00O, or 1851 900 more than same
period 1914 and 100000 more than
corresponding time 1913.
Cattle.
Cattle quotations were only nominal
While some improvement has been
effected this week no rampant en-
thusiasm is detected and the trade is
seriously concerned as to the future OF
overripe cattle, especially those not
eligible to outside competition. Warm
weather means discrimination and the
season Of rising temperatures is here.
Never before has demand for heavy
cuts been as slack. even New York
Kosher chuck trade calling for light
weight. The $3.50 top this week is de-
ceptive. as 1t was made on 965-pound
yearlings, which are distinct specialties
and buyers have had their peg in the
IS hole for the best steers with weight
Nevertheless, the undertone is healthy
and on popular weight stuff further ap-
probation is to be expected. Even a
slight Comeback is gratifying. There
is a healthy undercurrent and indica
tions of revival OF beef consumption in
consequence Of industrial activity
Cheap pork is still depressing influ-
ence, but, ultimately the public may be
expected to acquire a beef appetite.
While western markets have ha6
around 100000 cattle this week. beei
has not been abundant elsewhere and
stocker business is absorbing a large
number of young and light cattle. which
eases pressure. AS grass rises this de-
mand ought to develop. If Chicago was
in position to ship out light cattle
the s6.5O67.25 stuff would get compe-
tition and packers would be deprived
of access to lot of stuff on which
they now practically dictate terms.
Sheep.
Sheep and lambs were in small sup
ply and quotations nominal.
Present indications are for short
run again next week and that the pass
ing OF existing price records on wooleo
lambs missed by only 10 cent per cwi
this week, will be development Of the
near future is hardly to be doubted.
Much speculation is being INDUCED
ing of shipping division in the trade
here for sheep and lambs next week
That it will be boon to the market
| if any material quota of the supply
/ has access to 1t is certain, but per-
i mission for stock from the west to stol
| at the big feed stations around Chi.
cago and then be run into the free area
here has not as yet been granted, al.
tho a twelve-hour stop at Clinton
Iowa, Galesburg, or yards termed a:
Interstate" is permitted.