Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-01-11
INQUIRY FOR EASTERN AC-
COUNT HOLDS QUOTATIONS
At WEDNESDAYS LEVELS.
RECEIPTS CONTINUE TO
COME IN LARGE NUMBERS
Cattle OFFERINGS Not So Plentiful and
Prices Hold Steady - Sheep and
Lambs Continue Scarce and Not Sd-
equate to Demands-Review OF Mar
ket Conditions-Current Prices.

Chicago, Jan. II. Active demand
from shippers helped today to uphold
quotations on hogs.
Receipts for the first half Of the week
t,tal about 10000 head, being 42'4oo
more than same days last week, ',eoV
l.. ore than a year ago and 4S,7OO mo'e
nan corresponding period two years
ago.
eleven markets received $4,000 hoss
W Wednesday, or 40,70O more than iasi
Wednesday, $1,000 more than year
ago and $500 more than two years
ago. Total the first half of this week
541 900. or $4,000 more than same pc
Rod last week, 5000 less than ike TIME
st year and 10000 more than CORE
sponding three days two years ago
Total for 1917 to date, 1,293,OOO, or 3d.
600 less than same period 1916 ana oo'-
0OO less than corresponding time l'l''
Packers are not getting the January
run Of hogs they expected and Shippers
are taking more than their usual
share Local packers purchases TINS
month are $4,000 less than a year ago
when they We're putting up groves
around s7.25.
Cattle.
Cattle were not overplentltul.
A big portion Of the short-fed lloO
to 1850 pound steers are nndlnS Ell
upean demand and while this call con-
inues broad the trade feels that there
little need for feeders to worry over
TIC price situation.
Increasing proportion of We!sh'y
eighty to 100 day-fed steers OF class 10
90 above S11 is pleasing to the klIleTS'
since it enables them to fill urgent or
ders for good beef carcasscs that TWO
weeks ago could not be had
Swelling receipts, caused in the main
by the reaction in the corn market 10 a
basis close to 81 a bushel, are fortu-
nately running at a time when beef
trade shows generous breadth. w me
soft weather has operated against
keen toned demand for product in the
east as we'll as locally the fact remains
that with big war. contracts to MI
there is an outlet for every pound Oh
product at strong price level
Liberal receipts Of warm-up cattle
are expected during the next thirty
days, but there will be few at other
markets. Omaha Is already sending
beef TO Kansas City and southwestern
points. and the east will be wholly de-
pendent on Chicago, as markets down
THAT way are bare Of cattle and are
getting few hogs or sheep. January
shipping demand is the broadest. IN
trade history, and would be materially
expanded If killers doYn that way
{ iild get cars.
! Shepe.
Sheep and lambs proved scarce. ~
The market has reached an altitude
| that it would seem. must be well nlgh
prohibtive to the consumer, yet there
| is nothing on the horizon that can De
construed as giving killers much nope
| to lower hoof cost within the near fu-
ture. Colorado feeders with an evil
dent feeling of assurance, are topping
out a few loads right along now, but
they are being absorbed at Denver ana
the Missouri river marts.. Chicago
may get a much smaller run from thai
quarter this season than had been eX-
pected. In any event the Colorado
supply is in strong hands and will be
conservatively marketed. In the corn
belt and east the available supply has
been very heavily drawn on. Buffalo
with a sl4.50 lamb top all this Week.
could attract but two carloads today
Under such supply and price condl-
| tions east, a good eastern shipping de-
mand here is logical. yet when one