Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-03-24
scANTiNEss OF SUPPLIES RE-
PORTED At ALL PACKING
HOUSE CENTERS.
PRICES AGAIN ADVANCE t4
= &C.
AND 10 CENTS
Cattle Offerings Lacking in Quality
But Quoted as Steady-killers Not
Actively Bidding For Sheep and
Lambs-Review Of Market Conditions
I'll
Current Quotations. -

Chicago, March 24-Hog prices adj
vanced owing to the scantiness Of re-
ceipts here and turnout the west.
During the week, shipping demand
has been comparatively light. TheS
bought less than 1000 on the Wednes-
day market, while they were credited
with taking only about $500 today. The
smaller shipping demand Of late has
given packers a chance to hold down
the market despite the fact that re-
ceipts are running lighter than last
week.
Eleven markets received $4,000 hogs
Thursday. or 1900 less than last
Thursday, $500 less than a year ago
and 100 more than two years ago. To-
tai thus far this week $4,000. or $4,000
less than the same period last week
$4,000 more than like time last year
and 5000 more than corresponding
four days two years ago. Total for
1915 to date S,s0S,0o0, or 1891, 900 more
than same period 1915 and 2,724,00O
more than corresponding time 1914.
Cattle.
Cattle offerings lacked quality.
AS regards the medium to pretty.
good short feds these classes have had
$3.50 advance over the low time in
February, and their cost Is higher than
ever before at this season, or any other.
when quality of goods is taken into
consideration. Cost to the retailers has
been marked up speedily in recent
weeks and the consumer has had. to
pay his share of the advance. Com.
sumption has fallen OF to some extent
by reason Of this, and when this is
taken into consideration there may be
reason for a checking of the advance
on those grades.
!. This weeks run stands Sc. 900 for four
days, against IS, 800 a week ago and 80
I'll a year ago, while shippers have
taken $500. against s,43S a week ago.
Eastern demands for the short-fed
steers have not been quite as broad
as last week. due eoaa fair movement
Ut eastern fed cattle into the markets,
drawn out by recent advancing prices,
tho chief shipper. can has been for the
best classes. At seven markets the
week to date run stood lis 900, against
$50 600 a week ago and 1920 q year
ago. i.
The trade has ceased to look ahead,
following a sharp price advance. to@a
big run Of cattle This weeks high
market IL not expected to bring out
generous runs next Week, for the rea-
son that cattle are1Iin" strong hands
and the price range II merely working
to a basis that the bullish feeders have
long looked to as being inevitable for
spring trade. u
Sheep.z@ .~
Killers were avoiding as much as
possible the purchase Of sheep and
limbs. 9 !r.' "Ih -
TOO many lambs weighing 81 to 30
pounds and heavier are coming to mar
ket to suit our requirements said
more than one buyer, and for that rea-
son inquiry was most urgent for the
70 to 50 pound lots. Consequently the
spread in value between the heavy and
light kinds Of similar quality widened.
There was no complaint heard about
the quality of the bulk and sorting was
light except where buyers aimed to get
around taking on the heavy stock. The
number of light lambs In sight for the
next month is short, and most traders
look for such offerings to command .
much larger premium than at present.