Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-02-12

board today because of the Lincoln an
niversary, which is holiday in Hi
nois.l
Chicago, Feb. 12.-Hog prices hard
ened today on account Of active de-
mand from shippers.
Eleven markets received 134,500 hogs.
or $500 more than last Friday, 46,50
more than a year ago and $4,000 more
than two years ago. Total thus far
this week, 747,000, or 10000 more than
same period last week, 10000 more
than like time last year and 900
more than corresponding five days two
years ago. Total for 1915 to date, -
10000. or $4,000 more than same Pc
riod 1915 and 1.753,000 more than cor
responding time 1914.
Cattle.
Cattle quotations were almost nomi-
nal.
That conditions will mend next week
If the trade is given a shorter run
would seem a logical guess. There is
prospect now that feeder demand will
be reopened for the first time since
November, 1914, but the eastern states
will have to modify their restrictions
before thin steers can go out other
than for hmm ediate slaughter Thus
while the federal government is likely
to release Its restrictions upon the
market, until similar action is taken
by the individual states, feeder out
let will not effect materially increased
competition in this trade.
Shippers have taken nearly double
the number of cattle this week that
went out last and this was factor
preventing more severe price raiding.
The east needs beef about as badly as
do local killers. but when the trade is
given more than immediate demands
call for, which was the case this week.
declines are logical
Market on the whole list Is now
down to low point of the winter sea-
son as result Of heavy liquidation OF
soft corn cattle. That continued mean
conditions will prevail next week
seems assured unless the country takes
the situation in hand. as was the case
early last week. and resolves to starve
out the demand by shutting off liberal
shipping.
On basis Of current low prices 1t is
hardly reasonable to look for any but
light supplies at the outset next week
and the trade guessed the Monday run
down as low as $1,000 and up to 20,
900. 1900 to 1900 Being popular esti-
mates. Such a crop, too. would doubt
less prove enough This weeks ex-
cess supply has afforded storage crop
OF beef for killers and that is a factor
to be seriously considered in figuring
on prospects OF price reaction.
Argentina forwarded no beef TO the
United States this week and none was
sent from there last week.
Sheep.
There was not much inquiry for
sheep and lambs.
Matured sheep and yearings show
irregular at 25 and so cents advances
on most classes over week ago,
choic" fat ewes showing the most gain
Best handy fed western yearlng weth =
ers reached SO, a new top for the
year and a yard record for the class
tho colorado M exican yearlings reached
1918 last April. Prime wethers sold
UP to S.35 equaling the years top or
aged sheep, tho some tWo-year -olds
reached $50 previously this season
| and best heavy native ewes equaled
| the seasons top of S25. Colorado fec
| ewes at SO early in the week put q
| new top on western fed ewes for the
year. Low dressing sheep, however
have been subjest to sharp discounts
from these top figures. a lot of half
fat to we'll conditioned western ewes
having sold at 100 and 1.75 and som
! low dressing wethers at 1865 and IT'S
Some fat heavy weight yearling werh-
ers sold during the week down around
$50 and SIS, but choice 95-pounG
weights went as high as 9.75 on a high
spot.
| The lid appears off and feeders neet
only to string along the visible supply
in proper manner to insure in trade
| opinion. a retention Of current prices
| and the scoring Of even higher rates.