Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-01-31

Chicago, Jan. 81. - Hog prices de-
veloped strength today owing to the
fact that the arrivals were much less
numerous than for the corresponding
day last week. Packers, however,
would not follow the extreme advance.
Receipts of hogs at Chicago for last
week totaled 276,100, decrease of
$500 compared with the previous week,
an increase of $4,000 compared with
the same week last year and 13S,00O
compared with the corresponding week
two years ago.
Average weight Of hogs at Chicago
for the week was estimated at 200
pounds, the heaviest since the week
ending Oct. % last year; 6 pounds
heavier than the previous week, %
pounds lighter than the same week last
year and 20 pounds lighter than the
corresponding two years ago.
Top hogs at Chicago for the week
made 500. the highest since last Octo-
Der, against 7.75 the previous week,
It's the same week last year and $50
the corresponding week two years ago.
Average price figured 40, or 40 cents
higher than the previous week. LOO
higher than a year ago and IS cents
lower than two years ago.
Eleven markets received only $4,000
hogs Saturday, making $4,000 for the
week or $4,000 less than the previous
week, 117,000 more than same week
last year and $4,000 more than CORE
spending week two years ago. Tota.
for 1916 to date 3.6S5000 or $4,000
more than same period 1915 and 1,279,-
600 more than corresponding time
1914. Januarys combined run will
,tota. over $500, 900 for new record.
Cattle.
The supply of cattle appeared made
quate.
When cattle come fast prices in
varia bly, tumble. Selling conditions
have been aggravated by unreasonable
weather everywhere, and the market
has had a bad turn at a period when
everybody identified with the trade
confidently expected it to do better.
Seasonabl weather and a week Of
light receipts will exert tonic influ-
ence and it is reasonable to expect that
what has happened during the past ten
days will restrain the country's load
Ing impulse
Under present conditions the best
policy the country can pursue Is TO
hold light cattle back. The stocker
outlet at Chicago is still closed, moth
ing can go to the country from St
Louis and at Missouri river markets
feed conditions have materially re-
pressed demand for light steers. over
a large section OF the corn belt there is
little or no grain and thousands OF
cattle have been dislodged on that &C.
count during January that under more
favorable conditions would have been
held for decent finish. The proper
ton Of low dressing stuff at all mar
kets has been large and 1t has been a
continuous liquidation performance. All
that was needed to exert a semi
paralyzing influence on trade was a
spell Of April weather in January.
The prospect Is. however, anything
but gloomy. Pork is no longer cheap
The hog market has been soaring by
leaps and bounds and cheap pork has
been a keen competitor Of beef righl
along With the hog market on an 500
basis the cattle market will have q
stout prop that has not been available
for months. Mutton and lamb are
selling at unprecedented prices and the
time is at hand when beef will have
a worth he-money appearance.
Sheep.
Sheep and lambs were over abund {
ant.
Supply paucity was eloquently dis
closed by last weeks run around the
ma rket circle. Chicago has received
only about $500 head during the past
week, compared with 1851 a week
ago, 1882 year ago and 107,135 two
years ago. Six western markets have
had a combined supply of only 1877, 900