Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-03-11
DEMAND FROM SHIPPERS FALLS
OFF SUDDENLY AND VALUES
TEND DOWNWARD. &.
SOME TRADERS LOOK - :,
For ,sTiLL HIGHER PRICES
Cattle Make Gains Of Nearly 81 Per
Hundred, Daring ;;Wsek-sulk Of
Sheep and Lamb Offerings at Weeks
Close Consigned Direct to Big Kin
ers-Current- Quotations.

Chicago. March 1l.-Falling off in
| demand from shippers today turned
hog prices down grade.
Now that the price has turned the
SO mark there is talk of still higher
prices. but word of warning to the
country regarding good wide margins
is timely -
1t is only natural with the country
getting over 50 at home to expect a
marked increase in receipts over the
limited supplies Of the lasr few days.
Receipts all over the east and west
. today were comparatively small and
prices unevenly higher. The pig mar
ket here today was unevenly higher in
sympathy with hogs.
Eleven markets received $500 hogs
Friday, or $500 less than last Friday,
10, 800 less than a year ago and 12.4o0
more than two years ago Total thus
far this week, 1853, 900, or $1,000 less
than same period last week, $4,000 less
than like time last year and $4,000
more than corresponding five days two
years ago. Total for 1915 to date,
7,751 900. or 1.a14.ooo more than same
period 1915 and 2.4ss.o00 more than
corresponding time 1914.
Cattle.
Cattle quotations were virtually
nominal.
Advances Of 10OG1.50 in the COM
mon, medium and good classes OF
warmed-up short fed steers over low
point four weeks ago. are looked upon
as likely to be the limit for the time.
at least. Strong preference is being
shown now for fat heavy steers. which
a few weeks ago were selling to rela-
lively poor advantage. and as the
season advances these are due to get
wider premium. Ten dollar cattle
are due to put in an appearance and
a prime drove OF big steers probably
could have made the price this week.
Killers are apparently averse to set
ting a new even-money top and have
been hghting hard against IL OF late,
but higher: range for the choice goods
is Inevitable II the various classes are
to be established on their relative
Basis. Highest cattle on the list are
really the short fed and warmed-up
grades. which now are landing around
$50. These are classes such as were
making 7.1567.25 at low point this
season, while the fat, handy and strong
weights at s.ocG9.4o and little above
show hardly more than. 100 gain over
low spot this season. and in the case
or the toppers these are very little
higher to date. In fact when market
hit It's level nr:mid February, choice
steers then commanded 1915. y ..~.-s-
Beef costs are, running. higher In the
wholesale markets and these advances
may have some tendency to check
consumer call but unlike many
periods when cattle have advanced
sharply. the consumer Is unable to
turn to cheap priced pork or mutton,
products as a substitute, the latter~he-
ing Of value now even relatively higher
than beef
Consumer purchasing power far ex-
ceeds that Of a year ago, due to the
general industrial activity A year ago
a great amount Of labor was unem-
ployed. but that is not the case now.
Ability Of the consumer to pay the
price is a potent factor in making the
market at current advanced rates con-
sistentlv strong.
Sheep. -
Most Of the sheep and lambs went
direct to packers. u,
The Lenten season has had no bear :
ish influence on the trade as yet and
as long as country owners market
stock as cautiously as at present, sell
ers have little fear of any material re-
action. Prices are highest OF the sea-
son and some classes have improved
more than others. Native offerings are
strong compared with a week ago.
while most yeariings looks 10@1b
cents higher some showing even more
upturn. Low dressing wethers are
practically unchanged. but the best