Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-01-24
HEAVY SHIPPING
ORDERS AID HOGS
MARKET SCORES ANOTHER SUB
sTANTIAL ADVANCE BECAUSE
OF EASTERN DEMAND.
TEN AND IS CENTS
ADDED TO TUESDAYS RISE
Point Of Season-Weather Conditions
Help to Harden Cattle Market -
No Urgent Call For Sheep and
Lambs-Current Quotations.

Chicago, Jan. 24-Large shipping
orders did a good deal today to
strengthen the hog market. Another
advance of 10 and Is cents was scored.
The advance TUESDAY esta blished
the highest level of pr. IS. in January
history, and traders predicted that
there would be no limit if war con-
tinued, as the United States is the
only country IN the world that is pro-
uucing an excess of hog product over
domestic requirements. There was
confident prediction of a 200 trade, If
not higher. Little sold under 100
Tuesday except pigs, underweIghts and
roughS and most of the pigs went
with light fogs, which is the custom
IN good market. The part shipping
demand is playing is Indicated by the
tact that. since Jan. l outsiders have
taken $1,000 more hogs than last year,
while receipts have diminished $4,000,
which means that local killers have
secured 100000 Less
A high market in Canada is a bull
ish influence. Al Toronto 1880 is be-
ing paid. fed and watered and 1875
weighed off cars. No wonder Canadian
bacon cureis are buying freely here. At
Calgary, in western Canada, 12.20 has
been paid. The hogs Canada was 10
furnish the United States under the
stimulus OF free trade have not ma
terialiZed.
Cattle.
Weather conditions that indicated d
continued good demand for beet helped
TO harden the cattle market.
The comeback" since the mean
close last week is both reassuring and
gratifying. Il means that what hap
peued then was not fundamental and
was attributable to car shortage
The temporary break was not sur
prising when steers bought on east
ern account Wednesday did not ge;
out until Friday. If shippers were
able TO go out On the market and fill
orders without fighting for cars, the
buying problem would be simplified.
AS II is, they are shooting at the moon
much OF the time as far as getting
their purchases on the rails is con-
cerned. The tieup is putting eastern
killers in a sorry plight, their needs
being indicated by the manner in
which they keep the wires hot. The
sole danger to the market lies in get
ting a few too many cattle here caus-
ing an accumulation at local slaughter
beds, in which case the owner is pen
allied at least for the, extent of the
shrink.
The Comeback" this week has put
all steers above $50 back close to the
level Of last Wednesday, choice bull
ocks being as high as at that time.
Under 900 a 25G 5-cent decline is eff
fective. as feeders have baked and
lower priced cattle lack the keen COM
petition of early last week.
Imports of beef have been practical
~ suspended, New York getting moth
ing from South America. Last week
Argentina loaded 1887 quarters to
England and 60,553 to the continent,
the latter package being beef for the
British and French armies.
While many feshy steers are going
on feed, there is no possibility Of an
excessive supply of fat cattle this side
of grass time. Many feeders who put
in cattle early last fall are now mar
keting their tail ends at higher prices
than the tops realize and reinstate-
ment is difficult. owing to the advance
| in light steers.