Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-11-09
SCANIY SUPPLIES
LIFT HOG PRICES
VALUES GO TO HIGHER LEVELS
BECAUSE OF FALLING OFF IN
RECEIPTS.
&c.
ENTIRE MARKET STRONG
TO 10 CENTS HIGHER
Price Range Continues to Widen -
Cattle Not Over.PientifuI and Market
Holds Steady Sheep and Lambs
Scarce and Market Strenethens-Re-
view Of Trade Conditions.

Chicago, Nov. 9.-Hogs rose in value
to-day on account Of the scantiness OF
the supply.
Three days this week there have been
about 110.S00 hogs received at Chicago,
being 1880 less than same days last
week and 5000 mole than correspond
irg period year ago.
Range OF prices grew wider when
the strong weights sold at relatively
higher urices than the light sorts.
Some of the packing droves cost hlgn-
er. because they purchased better
quality class Wednesday, which car.
ried more weight.
Eleven markets received 10S,o00 hogs
Wednesday. or $500 less than iast
Wednesday, 1850 less than year ago
and 4S,200 more than TWO years ago,
when four markets We're under federal
quarantine Total the first half of this
week $4,000, or $4,000 less than same
period last week. 5000 less than like
time last year and $4,000 more than
corresponding three days two years
ago. Total for 1916 TO date 24523.o0O
or S.263, 900 more than same period 1919
time 1914.
Cattle.
Cattle did not appear 10 be over
plentiful and prices were steady.
II was apparent to sellers that beef
stocks in storage have been materially
reduced in recent days If the urgent
need for supplies now shown by killers
can be taken as a criterion. Bee: sup
plies east as we'll are running shorter
and slaughterers being unable 20 get
as many eastern fed cattle as IN re-
cent weeks are sending broader orders
this way, all of which is a trade
stimulus.
Total run at $4,000 Wednesday was
among the largest for midweek in
long time past, and plainly due to the
election, which held many feeders
away from the Monday market. Not-
ing on Tuesday, they loaded cattie
after casting their ballots. evidently
feeling that the higher market on
Monday warranted taking q chance"
INSERT SHEEP ~
Lambs above 100 IN November
were never heard OF before this year.
and many who enjoyed big profits last
winter did not expect to get even more
money this season. Every trader at
the outset in 1916 predicted high
year, but the most bullish ones have
been outdietanced by the long period
OF high prices, Those who took out
thin feeding lambs at seemingly hleh
figures are in position TO make re-
narka BILE profits, as the supply Oh
stock for the next few weeks Will De
shorter than usual The range season IS
practically over as far as killers are
concerned and it is a little too early
for the Colorado men to begin unload
ing to any extent. Native stock has
been fairly we'll shipped out already
and packers win be compelled to de-
pend almost entirely ON fed westerns.
The high prices may attract gooo
many half fat lambs to market within
the next month. as feed Ia at high
level. To get the most out Of lamb
feeding investment farmers should not
hesitate to finish their holdings before
marketing them.
Prime light lambs have commanded
a premium for several months and
each day packers look over the offer
ings for this class, never getting all
they want.
Sheep.
Sheep and lambs were plainly scarce
ard prices advanced.