Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-01-20
MORE HOGS OFFERED
THIN TRADE DESIRES
RECEIPTS IN EXCESS OF EXPECT
ATloNs AND MARKET
TURNS WEAK.
PRICES 5 CENTS UNDER
FRIDAYS AVERAGE
Bulk Of Cattle Consigned Diract to
Paekers-Trads ia shssp and Lambs
slackens-Rsvisw Of Market condi-
-tions-currsnt Quotations at Live
Stock centsrs. ~

Chicago. JAM 20.-More abundant
offerings of hogs than looked for acted
as weight today on the market.
Prices were weak and ) cents under
fridays average.
Evidently there is shortage in the
winter hog crop. These prices ought
to fetch them il they are III The c"nn-
try, but the movement has been dis
appointing. A big winter hog run was
advertised, but it is not materializing.
Since Jan. there is a deficiency OF
one-half million at the eleven points,
compared with last year. and between
high prices and cost OF feed there has
been every inducemeHt 10 send hogs TO
market.
Eleven markets received 133,500 hogs
Friday, or 11.400 more than last Fri
day. 4s,600 less than a year ago and
As 700 more than two years ago. Total
thus far this week $4,000. or 100000
less than same period last week, 1885,
900 less than like time last year and
1885, 900 more than corresponding Ave
days two years ago. Total for 1917 to
date e,411.oOo, or $4,000 less than same
period 1916 and 100000 more than cor
responding time 1915.
Cattle.
Nearly all the cattle went direct to
packers. --------
Reaction in values is not looked up
on as likely to be Of any permanence.
High prices few days may bring out
a run of $4,000 to $4,000 at the outset
next week and doubtless that many
would get here if cars were available,
but both feeders and eastern slaught-
erers are having difficulty getting cars.
and this situation effects moderate
run into the market and as well de-
prives the trade of lot Of demand
that would otherwise be filled. Sever.
al Of the smaller eastern Shippers had
orders for cattle today. but did not buy
because they were not assured OF get
ting cars earlier than late Saturday.
Countermanding Of orders from the
east was the result OF this condition in
the shipping channels, and it likewise
affected the trade on Thursday, add
ing pressure to the price decline that
session.
This weeks run of IS, 500 In i've days
compares with s6,369 week ago and
59,1ss a year ago. while seven markets
total stood $4,000. against 205.0oo
week ago and $4,000 a year ago. but
the river points had far shorter per-
centage Of fat beeves than came this
way.
Fat beef scarcity Is forecast for
months ahead and while sthe trade is
bound to run into occasional weak
spots such as noted in the past two
days, bringing about reaction from
bullish trend Of prices. bullish senti-
ment can not be stilled in the market.
A period OF week or more OF price
hammering would be certain to put the
country in sour mood as to shipping,
and shut-of in supply would only
have effect of forcing prices back into
higher trend.
Sheep.
There was little activity IN the sheep
divisions, bulk Of shipments going
direct to big killers.
Light receipts in the face Of the un-
precedented prices current have effect
ed further advances in values this
week. The close finds the market rid
ing the crest Of o5640-cent gains over
a week ago on most sheep and lambs
Of decent to prime fat class Feeding
and shearing lambs show even more
advance and demand for them has
cheated killers out Of a number OF
loads Of fiesiy lambs that they would
have been glad to get to make num-