Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-02-14
MANY I'VE AOCS
GONE IO MARKET
HEAVY RECEIPTS CAUSE PRICES
TO GO TO LOWER
LEVELS.
TRADING SLOW At VALUES
10 CENTS UNDER SATURDAY
Removal Of Federal Restrictions
Against Shipment Of Feeders Has
Strengthening Effect on Cattle Mar
ket-oHerinss of Sheep and Lambs
Appear to Be Slightly Over Plentiful.
Chicago, Feb. 14.-Big receipts today

Chicago, Feb. 14.-Big receipts today
made the hog market weak.
Receipts of hogs at Chicago for the
week totaled 255,400, an increace of
10000 compared with the previous
week, $1,000 compared with the same
week last year and 76.700 compared
with the corresponding week two
years ago.
Average weight of hogs was esti
mated at 2O3 pounds, the heaviest
since last October. four pounds heavier
than the preceding week. twenty
pounds lighter than the same week
last year and eighteen pounds lighter
than the corresponding week two years
ago.
Top hogs at Chicago for the week
at S.45 stood only so cents under the
best price all last. year, paid in
October, against SIS the previous
week, 700 year ago and $50 two
years ago. Average price figured $50
the highest since last October, 80 cents
higher than the preceding week. I.45
higher than year ago and As cents
lower than TWO years ago.
Eleven markets received $500 hogs
Saturday. making S45 600 for the week
the largest since three weeks ago,
10000 larger than the previous week.
$4,000 larger than same week last
year and 20l 900 larger than CORE
spending week two years ago. Total
for 1915 to date $4,000 or 1929. 900
more than same period 1915 and
1872 1000 more than corresponding
time 1914
Cattle.
Removal Of federal restrictions
against the shipment of feeders had a
strengthening effect on the prices of
cattle.
In Iowa and Illinois a tendency to
liquidate soft corn cattle Is on, but the
severe break in prices this week
should check the movement. Beef
trade. which was OF broad proportions
for some weeks past, has begun 10 feel
the effects Of soft weather, and a les
sening of outlet is not hopeful situa-
ton as affecting the steer market.
Much of the run last week was only
Of feeder grade. a 1000 10 l,2o0-pound
warmed-up class, and there were as
well many lighter thin cattle all Of
which had TO go for slaughter. but
resumption Of the feeder trade is set
for next Monday, and once the eastern
states lift their embargoes against
cattle other than for immediate
slaughter. added competition from
feeder buyers should effect some re-
adjustment OF prices on the thin
fieshed steers. Thoisands OF such
cattle have gone into killer channels
IN recent weeks, the absence Of which
in future supplies is bound to have
effect in shortening materially the
good beef crop.
Fewer cattle have gone above 900
than any previous week this season.
and a big quota Of the medium TO
good short-fed killers sold at 7.40d
500. while late in the week steers at
7.90a8.25 were right good grade
handy and strong weigh, class Of fav-
ora,ble dressing character. a decent
and medium short fed LOO to 1,400-
pound grade had TO cash at 7.40 IS
late in the week. and a big quota OF
plain and decent light steers of soft
corn sold after Wednesday down TO
100 T.35. while trades down to $50
and lower were numerous. these being
mainly light killers, with the failing
contingent landing down to $50 t5.85.
The trade naturally looks for a let
up in the big marketing next week as
result Of recent terrific price pounding.
A surplus stock Of beef has gone into
| local coolers, and this is not destined
| to work TO good advantage in the mar
ket Killers have been pursuing a
close to shore policy in purchasing
cattle during recent weeks. Given an
opportunity to smash prices on this
weeks excess crop. they simply took
advantage Of it. and this policy is GER
tain to be pursued as long az the coun =