Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-01-07
DEMAND FOR HOGS
REMAINS BRISK.
SHIPPERS AND SPECTATORS
PARTICIPATE IN COMPETITIVE
BIDDING.
PRICES GENERALLY HOLD
TO WEDNESDAYS AVERAGE
Cattle Offerings Unatsractive in Quail
ity and Market Has Downward Tend
ency = Sheep and Lambs Relatively
searce-Review Of Market Conditions
Current Prices.

Chicago, Jan. demand today from
shippers and spectators helped 10 up
hold the hog market.
Packers covet hogs a, present prices.
With an enormous run all around the
market circle yesterday local houses
developed q greedy disposition, each
fearing that the others would obtain
an excessive share. The recent 40
vance in corr has put Iowa growers M
selling mood. and with anything like a
stable market January receipts will be
heavy.
Hogs are selling below cattle and
live mutton. an unreasonable condition.
Corn has been steadily advancing and
prophecy is made that wheat is headed
toward the $3.50 mark, Eventually,
corn must follow and even at the pres
ent price of that grain. hogs are out of
line At Decem Der prices, pork was
the cheapest food offered on the mar
ket an illogical and ephemeral condi-
ton. Packers have been employing a
w,ndsall and. what has frequently hap
pened in the past, may be repeated. In
their anxiety TO fill shelves. they nay
mark prices IN among themselves.
Eleven markets received $4,000 hogs
Wednesday. or 1890 more than last
"wednesday. $500 more than a year ago
and 60 100 more than two years 60.
Total the first half of this week $4,000.
or 1913 600 more than same period last
week 11700o more than like time las.
year and 1900 more than CORES
ponding three days two years ago. All
western markets but Chicago reported
liberal receipts. but the supply in the
east was of normal volume.
Cattle.
Few of the attle offered were OF at
tractive quality.
Matched against closing trade la-
week the market looked 2564O cents
lower
The decline hit about everything on
the list tho prime might be said to be
quotabla at lesser break, but moth
ing really prime was in the run today.
II was mainly at s7.40ds.75 and a LOT
OF strictly good beef steers sold at
sS.500S So. While there was sim
proportion OF the general supply which
graded in value upward Of 50. Quar-
antine really had the biggest percentage
Of good choice steers, and a lot of
heavy grades we're yarded there, mary
more than local demand really called
for. II was an unfortunate circun1-
stance thar bulk OF the better grade
steers were in quarantine where 'l'ey
missed the shipper competition. since
lack Of it meant severe price discounts
compared with the free area offerings
and this. as veil. was the case on
Monday and Tuesday. Late TUESDAY
trades h strictly good l,sGo pound AMI
heavier steers in quarantine down IL
1926 vel Indicated the strong price
disparity between the Two divisions
Sheep.
Sheep and lambs were relatively
scarce
Comparing trade with that time some
lambs looked 10115 cents lower but
there were steady spots with that pc
Rod and the general lamb trade
lowered closely around steady levels
with the Tuesday average, the bulk
selling fully 10015 cents higher than
Monday. Good handy weight sheep
were wanted at full steady rates. some
prime handy fed western ewes showing
strength, while heavy and medium
grade stuff cleared slowly making
Tuesdays prices with difficulty and
occasionally selling point lower.