Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-01-15

Chicago Jan. 15.-Hogs weakened
today owing to the fact that speculat-
ors had been unable to dispose of pur-
chases made yesterday
Such flurries as have occurred in the
hog market this week are to some ex-
tent abnormal. storm has been re-
sponsible and it is more than likely
when the embargo is lifted a lot, of
hogs will reach market centers. The
fact has been developed, however, that
packers need hogs in the worst way
and If the period of gluts is over an
advancing market may be expected. 1t
is improbable that any very cheap pro-
duct is going to be put away in cell
lars during the winter. Packers made
a miscue, as usual, and at the time
when they intended to be putting up
$3.50 droves they are actually pay
ing 81 per cwt. more for stock on the
hoof. Wheel the run has been enor-
nous when tails are counted. there has
been a big deficiency in yields and a
larger proportion of the product has
gone into immediate consumption than
ever before. The hog market prospect
looks decidedly better than a month
ago and an $500 trade in March is not
improba Bile.
Cattle quotations were almost nom
inal.
Short beef stocks have heen the rule
in local houses for weeks past, and the
same was true of the eastern concerns.
Eastern territory is affording killers
little fat beef, and some increase in de-
mand for good cattle, as we'll as me-
diums. has been had on. eastern ac-
count IN the local trade this week
Continued good shipper call Is ex-
pected and now that Illinois is all free
area, with the exception Of one town.
ship in Lake county. 1t IS believed that
eastern states-Indiana. Ohio and
Pennsylvania-which still impose en-
bargoes on many of the smaller pack
ing plants can safely lift their ban. Re-
moval of restrictions upon many plants
IN Indiana, Ohio and Pennsylvania
would mmediately effect a consider
ably broader competitive buying con-
dition in the market.
Biggest share Of the short-fed steers
off soft corn having been moved from
bad corn sections. 1t is now believed
that only moderate general supplies
will come forward In the next few
weeks. and proper distribution of them
should effect much less unevenness In
the trade than in weeks past. Short
showing of choice hard finished cattle
is in evidence that the country holds
few of them, altho fair jag OF choice
big steers is due to hit the trade next
week. these to come from townships
in McDonough county, Illinois which
have been under quarantine for five
months. In these townships many long
fed cattle have been carried as a re-
suit of the guarantees and bulk Of
them are expected to cash next week.
Big weights have accomplished in
many feed yards and the trade is fear
full that the excessive weight steers
will meet a mean reception. Only
few Of these grades can be used advan-
tageously and cautious marketing OF
the big ones should be a policy adhered
to.
The trade looked for $4,000 to $4,000
cattle next Monday, but an expanding
beef market promises to make room for
free selling of the fat handy and light
steers. as well as medium classes pro-
vded supply does not run much above
$4,000.
Sheep.
There was no urgent call for sheep
or lambs.
The advance this week measures 30
d4O cents on most lambs and year.
lings, with extremes that show SO
cent gain. Ma.ured wethers have
gained about as much, while eve trade
shows 5O675c advances. The whole
market is much the highest on record
for January.
Within the half month lambs have