Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-01-29
MARKET IN EXCELLENT cONDl-
TON BECAUSE OF cURTAiL-
MENT OF RECEIPTS.
STEADY GAINS MADE
IN RECENT SESSIONS
Cattle MSrket Weak and Demoralized
BScauss Vt Adverse Weather Condi-
tions-shesp Weak-Review Of Mar
kety Conditions Current Quotations
at Live stock Stock centers.

Chicago, Jan. 29.-Following marked
advances on every day this week with
one exception, the hog market closed
the week on a steady basis. Improved
condition is due largely to the curtail-
ment of receipts and the growing be-
lief that hog pens are generally
cleaned of the young crop.
Eleven markets received 91,S00 hogs
Friday, or $4,000 less than last Friday,
1920 more than year ago and 35,2oo
more than two years ago. Eleven mar
kets had less than week ago. Chicago
showed the greatest increase over
years ago, while st. Louis was credited
with the largest decrease. Total thus
far this week III ,000 or $4,000 less than
same period last week, $4,000 more
than a year ago and $4,000 more than
corresponding five days two years ago.
Total for 1916 to date $3.50, 600, OF
$4,000 more than same period 1913
and 1,25S,000 more than corresponding
time 1914. Even tho receipts the bal
ance of the month are moderate. new
combined supply will be tablished in
January.
Cattle.
Cattle closed weak, declines for the
week being material.
Declines since the high spot early
last week. when the market was MT
ting a good level clip. are variously
25@75 cents. Most of the stuff has
experienced vicissitude TO the extent
of half a dollar. The market has been
so fitful and uneven that hard and fast
statements are impossible. Everything
has suffered at the close this week, go
appears to be about the limit on any
thing and the percentage of steers
above $50 is small. There has been a
profusion of $50 @S.40 stuff and the
string of sales under the accent line
has been formidable, light steers sell
ing recently with freedom at 7.0O0'.2o
having been hit hard. Little has had
to go below the 500 line, but steers
with either beef nor. tallow have been
bad selling proposition. ~ ~
Liberal receipts at all western mar
kets during the past two weeks nave
been the sequence of the advance OF
so cents to LOO per cwt. Early in Janu-
airy high corn and growing scarcity oil
feed in many localities which has ne
cessitated liquidation. This condition
is probably responsible for the appear
ance of lot of little cattle with moth
ing on them. If there could have been
held out better demand for medium
grades would have existed. When cat
tie come fast prices invariably tum-
BILE Selling conditions have been az
gravated by unreasonable weather ev-
erywhere. and the market has had
bad turn at period when everybody
identified with the trade confidently
expected it to do better. Seasonable
weather and q week of light receipts
will exert a tonic influence and it Is
reasonable to expect that what has
happened during the past ten days will
restrain the eountryss loading impulse.
Sheep. &. jig
Sheep and lambs closed weak, there
being no demand for the few that came
to market at the weekend.
Declines this week from the preced-
ing weeks high flying trade have been
due, in very large measure, at least
to muggy weather and unSeasonably
high Temperatures that, coming In con-
junction with the high cost of dressed
lamb and mutton severely handicapped
distribution and consumption of the
product Supply figures have favored
the selling side. but the bad turn OF
the dressed market caused killers to
ignore them. The light slaughter
around the market circuit this week,
however, and the return to seasonable
weather, will be bullish factor In the
weeks trade which, with a
of light receipts. which
now seems more than probable, Is ex-
pected to show improvement. From
advices thus far received Colorado Is
not loading freely for next weeks mar