Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-02-11
PRICES DECLINE SLIGHTLY BE.
CAUSE OF HEAVY OFFER
iNGS ON FRIDAY.
ENTIRE MARKET WEAkENS
WHEN BIDDING SLAckENS
But Little Inquiry For cattle-Runs'
Carrying Many Cattle Which Class
Little Better Than Feeder Grades
Offerings Of Sheep and Lambs Prove
Searce-Now Selling at High Levels.

Chicago, Feb. II. Larger receipts
on the hog market.
Eleven markets received 1900 hogs
Thursday, or 1900 more than last
Thursday. $500 more than a year ago,
with Pittsburg closed, and $4,000 more
than two years ago. Total thus lar
this week col, 900, or $4,000 more than
same period last week. $1,000 more
than like time last year and $4,000
more than corresponding four days
two years ago. Total for 1916 10 date
5,029. 900. or $4,000 more than same
period 1915 and l,693.000 more than
corresponding time 1914.
Cattle.
There was but little inquiry for cat
tie.
The run has carried a. big quota of
stuff that classed as merely decent to
good feeder grades, but lack of the
country outlet which the trade IS
lamenting now and which should by
all the rules of consistency be soon
forthcoming, owing TO the clean
condition OF the yards and Chicago
territory as well, has forced big
quota of this stuff. selling down to
625 q 90 to go at prices 40a5o cents
lower than such grades would be
worth TO country buyers for finishing
purposes.
Given a feeder outlet in the near
future which is now a prospect, the
added competition Of country demand
show have healthy effect in checking
killers price raids in the market
Yearlings, handy and heavy grades
alike, are in bad repute. but only tenn
porarily. it is hoped. The country mas
the means at hand by which reNel
from present price depression can De
had. A shut-off IN supplies wouid
work prices back quickly. That at
least is trade opinion. The light run
last week effected reaction from a bad
situation two weeks ago. and another
dose OF small receipts next week.
price improvement would seem TO be
In order This weeks run. however,
has afforded q storage crop OF pee'
which may be used as price lever
age in the trade for a time.
The country has persisted In cash
ing in soft corn fed cattle at a terrinc
rate, in many sections OF Illinois ana
Iowa feeding Of the frost-bitten corn
| has not afforded weight gains and dis
| couragement over the situation has
resulted in severe liquidation. Much
Of the corn crop Is Of feeding value
! equal only to one half OF normal, and
| the high cost even Of the soft corn IS
i a matter which has been seriously con
| stdered by feeders who have casheo
| in far ahead of time contemplated a
| few weeks back.
Sheep
Sheep and lambs proved scarce.
The best sheep and lambs have beer
! selling on a remarkably high level foi
\ so many months that some owners IT
the country are Of the opinion that the
| plain to medium lots will be taseT
readily by the packets on relatively
high plane also.
| Latter kinds are selling higher thar
| in other years. but they are in short
est demand and prices on them are
| discounted severely. so that the spread
between common and best ovine stock
especially lambs, is extremely wide.
| BUYERS show a disposition to take al
the choice to prime lots they have &C
cess to even tho values are exorbitant
but Of late they have Discriminate
against the plain arrivals.
Everything looks bullish at this TIM
and it seems like a sacrifice OF profits
to market half fat stock when the de
mand for it is limited.
Altho feed may be high in your sec
ton the future looks so bright that !
Is almost certainty that by carryinl
a little extra expense in finishing you
holdings you will turn loss into profit.
| cb;eaoo iva Stock
| S~hica go Feb mat e