Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-03-08
SUBSTANTIAL LIFT
70 HOG PRICES
ADVANCE OF ABOUT 2 CENTS
GREATEST IN SEVERAL
WEEKS.
SPECULATIVE BUYING
MAKES BIDDING ACTIVE
Comparative Scarcity Of Arrivals
Brings competition-cattle Fail to
Maintain Early Show Of Strength
Sheep and Lambs More Plentiful
Than Expected.

Chicago March S.-Speculative buy
ing and the comparative scarcity, of ar
rivals lifted hog prices today about Z
i cents for the first time in several
weeks.
! Receipts of hogs at Chicago for the
week totaled 10000, an increase of
i; 400 compared with the previous week,
; 41,4O0 compared with the same week
last year and $4,000 compared with
corresponding week two years ago.
| Estimated average weight of hogs at
Chicago for the week was 223 pounds,
or two pounds heavier than previous
week, four pounds lighter than same
week last year and twelve pounds
| lighter than corresponding week two
years ago. Reweighing of many light
weights influenced the average weight
and many claimed country arrivals was
around 23O pounds.
Top hogs at Chicago for the week
made $685., against $6.S5 the previous
week, $S.75 year ago and 50 two years
ago. Average price figured $50. or 8
| cents higher than the previous week,
{ $3.50 lower than same week last
year and A.93 lower than correspond
| ing week two years ago.
Eleven markets received 2S.300 hogs
Saturday, or little more than one-third
as many as week ago. making $500
for the week. or $4,000 less than the
previous week. $4,000 more than same
week last year and $4,000 more than
corresponding week two years ago.
Total for 1915 to date 6.135,0 900, or
1.193.000 more than same period 1914
and 1.0S2,000 more than corresponding
time 1913.
Cattle.
Offerings OF cattle were only OF mod
crate volume, but an early show Of
strength was not well maintained.
Only a small share of the run the
past week had to sell under the 81 mark
and most steers at the latter price We're
the kind that recently had to sell
around Sc. Restocking of farms is
causing most of the thin stock to be
kept at home and packers in the west
ern markets are having competition
from country buyers for the little
stuff Quarantine regulations are be-
ing modified and outside of the dairy
districts it is of little account and
feeders are rapidly returning to normal
conditions and locking for stock to
run on grass this spring. With the
shutting off Of supplies of the light and
medium grade steers, it appears that
the range of prices will narrow up
considerably within the next month.
Eastern outlet for cattle as well as
all grades of livestock, Is very uncer-
tain. Pennsylvania officials are very
strong in their move to bar stock from
this state entering their common
wealth even to pass thru into other
states. This has caused many eastern
buyers to remain out of the market and
late in the week conditions were no
better and officials of the keystone
state were trying hard to enforce their
ruling. Though the order was issued
early in the week, hundreds of cars Of
stock were :aken from here and sent
thru the state, regardless of the order
Prices on the Chicago market the
past week have been around 81 higher
than those on the river points and
traders believe this will be an attrac-
ton for them and probably draw
large run for Monday and next week.
Still late in the week many western
points were badly tied up with snow
and roads in many places became i'm
passable, which may cause some stock
to be held back. While the shipping
outlet is in such an uncertain condi-
ton, runs should be held down to give
market further chance to recover some
Of the severe loss suffered during the
| first two months of the year.
Sheep.
Sheep and lambs were more plenti-
| full than expected.
| 1t looks like light run this week.
and sellers are confident that present
| high prices will be maintained or bet
tered. Colorado has not loaded out
heavily, according to advices received
! here, feeders in that region being COM
mitted to a conservative marketing
policy for which they are to be COM
mended. Outside Of Colorado little will
be available, unless all signs are at
fault. Iowa, Wisconsin, Illinois and In
diana never had fewer sheep and lambs
on feed at this time Of the year, and
Michigan and Ohio feed lots are near
| ing the depletion stage.