Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-02-19
UNEXPECTEDLY LARGE RUN OF
HOGS IN CHICAGO CAUSES
VALUES TO REcEDE.
RALLY BRINGS ABOUT
PARTIAL RECOVERY
Demand Relatively Broad and Portion
Of Losses Are Reg ained-cattie Of
ferinss Ahundantsand Market Weak
ens-sheep and Lambs Also Plsnti-
fuI-current Quotations.

chicago, FEB. 1S.-OneNpecteui.
plentiful arrivals today weakened hog
prices, but demand was relatively
broad and something Of rally en-
sued.
Receipts OF hogs at Chicago for the
week totaled $4,000, an increase of 49,
200 compared with the previous week,
a decrease Of 1920 compared with the
same week last year and an increase of
1900 compared with the correspond
ing week two years ago.
Average weight of hogs at Chicago
for the week was estimated at 20S
pounds, equaling the. previous week.
three pounds lighter than the same
week last year, twenty three pounds
lighter than the corresponding week
two years ago.
Top hogs at Chicago for the week
made $3.50, against s12.55 the previous
week, $3.50 q year ago and S6.92la two
years ago. Average price figured
s12.35. or cents higher than the pre-
ceding week, $415 higher than a year
ago and $50 higher than two years
ago.
SO. 200 hogs Saturday, making 100000
for the week. the largest since the third
week OF January, $4,000 more than the
previous week. $1,000 less than same
week last year and $4,000 more than
corresponding week two years ago. To-
tai for 1917 to date 5.2S9,0O0. or 100000
less than same period 1915 and 100000
more than corresponding time 1915.
Cattle.
Offerings of cattle also were abund-
ant and prices weakened.
The whole beef trade has been riding
a sky line basis Of values which was
due for break, and with any easing
up Of the car situation that will PERM,
of shippers running many more cattle
to market than has been possible in
late weeks, II will take an abnormally
broad demand to bolster up prices.
Tops may be exceptions. due to their
scarcity. but declines for these are not
impossible. They are already off
quarter from high point and can easily
go 20 $50 cents still lower before al turn
for the better could come, in the event
that the in-between stuff is shot down
ward at speedy pace.
Lent have marked a steady rise in beef
values, but the fact must be reckoned
with that fat beef supply scarcity came
much earlier in the winter months this
season than in years past. and with it
a rising market. ~.
Provided cars are svaIlable free load
ing is likely to be policy pursued by
owners Of short fed steers, and they
make up at least Is per cent OF the
present seasons crop. :, Few. indeed,
have been willing to keep well-condi-
toned bullocks to mature them on
dollar corn this season, Margins Of "a
@4.75 per hundredweight, which many
cattle have had over cost price as feed
ers, have Jared loose holdings,
Once the trade gets over its lenten
weakness. another climb upward Is
looked for in values. and, with scant
number Of cattle going to the country
in the past thirty to FORTY days for a
second winter period Of short feeding
shortage in the supply Of good dress
ing carcasses can we'll be looked for in
late March and April markets.
Sheep.
Sheep and lambs were in abundance
anu prevented HI duVAIICc III pIISSS.
The trade is prone to regard the
break in lamb values here since the
mid-week high spot to an extent I'M
called for. as prices, elsewhere have
been comparatively well maintained
and as the wool market has continued
to show advances. Boston advices to
the Live Stock World report the pulled
wool market there as excited, especial
ly on secured woods, and quotes white
Eastern B supers (scoured) at 9b cents
up to 81 asked; good western BIS at 81
@s5 cents, some Of the best selection
to 80 cents q 81. The fact Is not to be
ignored. however. that both sheep and
lambs have been commanding unpre-
cedented prices. and soft weather, high
retail costs and the approach Of Lent
are weakening influences in the trade
on the dressed product al, this juncture
A feature of the weeks trade was q
further narrowing Of the spread be-
tween sheep and lamb values. The
former were in very small receipt all