Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-09-12
SHORT RECEIPTS
FORCE UP PRICES
BY BUYERS BROUGHT
REACTION FROM THE
TOP.
CATTLE WERE SCARCE
AS AGAINST LAST WEEK
Offerings of Sheep Appropriated the
General Live Stock Scarcity Com
pared With Last Week and Were
Not Over Plentiful in the Pens-
Prices on Al! Livestock Had Up
ward Tendency.

Chicago, Sept. 12.-Scantiness of re-
ceipts forced higher prices in the hog
market today. but packers held off un-
til something of a reaction from early
top figures had taken place.
The Chicago hog run Tuesday was
larger than week ago. yet the total
at eleven markets was smaller. While
some of the markets had larger re-
ceipts, several had large decreases,
which cut the grand total. The re-
ceipts at eleven markets today to-
tailed 10000 head, or 5000 less than
a week ago, $4,000 less than a year ago
and $4,000 less than two years ago.
Receipts for the first two days OF the
week at $1,000 figure 5000 less than
week ago. $1,000 less than year ago
and $4,000 less than two years ago.
Pig prices have advanced sharply
within the last few days. yet the sup
ply does not Increase. That shows
that the owners have confidence in the
future market and will feed out their
young stock. thereby making more
pounds of pork for consumption. 1t
d
sending it's pigs to market freely. as
it is better for buyers to go short Of
such offerings at this time than to have
a gap in the supply of more maturr'
lots in months to come.
The way the hog market has been
acting OF late farmers should have
confidence in the future trend of val
ues, for. according TO government re-
ports. the number on feed is below a
Year ago.
The government Is out to stimulate
production. and nothing will be done
about prices that wiz work against the
the government officials so far 1t was
made plain that the producers inter-
ests would be taken care Of
Everything looks bullish for the fu-
ture on hogs, and for that reason the
trade can expect very few pigs the bal
ance of the season.
Cattle. =.
Cattle prices reelected the scarcity of
offerings so far this week as compared
with a week ago. ~
Some Of the buyers went after the
westerns before they would look at
the low-priced natives. but as the
supply Of natives was not burdensome.
SELLERS had little complaint to make.
One lot Of fancy yearlings, mostly
Herefords, sold at s1735 for a new
record for the class, the previous high
mark being SIT. This sale was the
feature OF the market, altho some more
matured offerings were choice enough,
to land at ST. Otherwise sales upward
Of $13 were comparatively scarce. some
1909 pound medium -feshed yearling
steers and heifers going at $3.50.
Local receipts were estimated at H.
000f Tuesday, including less than 1000
to packers from other markets. This
run was larger than expected, and al
tho larger than two weeks ago and a
year ago. proved smaller than week
ago. Two days receipts totaled 10000.
and proved lighter than same period
last week and heavier than year ago
Six outside western markets had
SO, 900 Tuesday, over 10000 less than a
week ago, close to 1000 less than two
weeks ago and over 10000 less than a
year ago. Omaha showed the largest
falling off because Of labor trouble, al
tho Kansas City had liberal decrease
Including Chicago the seven markets
had $4,000, making $4,000 for the two
days, or $4,000 less than same period
last week and $4,000 less than year
ago.
Sheep.
Sheen did not seem overplentiful.