Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-04-17
MARKED ADVANCE
IN HOG VALUES
PRICES ASCEND SHARPLY BE-
CAUSE OF CONTINUANCE OF
MEAGER SUPPLIES.
FIFTEEN AND 20 CENTS
ADDED TO TUESDAY GAIN
Offerings OF Cattle Relatively Nleager
and Market Holds Firm-Moderate
Run of Sheep Keeps Prices at High
LeveIs-Review Of Market Conditions
Current Quotations.

Chicago, April 17.-Hogs jumped in
value today as a result of continued
scantiness of supplies.
Receipts of hogs at eleven markets
Tuesday totaled about the same as a
week ago, with the combined total OF
$4,000 standing $4,000 larger than a
year ago and 10000 larger than two
years ago. Chicago had l,400 less than
week ago and 1920 more than
year ago. The four Missouri river mar
kets had 200 more than a week ago
and 1900 less than a year ago. Omaha
had $500 more than a week ago and
$500 more than a year ago, While
other points generally decreased.
The first two days of this week the
eleven markets received 264,000, being
1000 less than a week ago, $4,000 more
than year ago and $4,000 more than
two years ago. Chicago first two days
Of this week had 5000 less than a
week ago and LOO more than a year
ago.
Cattle.
Offerings of cattle were relatively
meager.
Receipts Tuesday were estimated
early at 1900 and later at $4,000,
standing a little larger than expected,
over 1000 larger than a week ago, and
about four times as large as a year
ago. Two days arrivals footed 4l,S0O'
or $500 more than same period last
week and over 1900 more than Cor
responding time year ago.
Six outside western markets had
around 1000 more than last Tuesday
and about the same number less than
a year ago. Including Chicago the
seven markets received $4,000 or 4,e0o
more than week ago and 10000 more
than corresponding Tuesday year
ago. Combined run for week to date
totaled 1l7.CNO, or $4,000 more than
same period last week and $1,000 more
than corresponding two days year
ago.
Sheep.
Sheep were not abundant and prices
were strong.
At this time last year spring lambs
had sold up TO so against SiI.tG for
older lambs. This year. barring few
head in February, no young lambs
have been marketed. Country owners
evidently have come to the conclusion
that it is better to put some weight OF
their new lambs than market them
when only few months old.
That is sound reasoning in these
times of meat shortage. Tho farmer
should get $50 per hundredweight for
spring lambs averaging so pounds. he
would not be getting as much as II
they weighed 10 pounds and sold at
SIS. These young lambs put on a gain
at comparatively little cost, and by
holding them back longer than in
other years owners are certain 70
make bigger profits.
Another thing that favors holding
back spring lambs is the continual ad-
vance in prices of last summers lambs
which naturally will help the price OF
the springers when they do begin to
come
It has been a good many years since
spring lambs were as scarce as this
season up to date but buyers are not
bewailing this fact because they know
that It will assure them of better
supply during the period when there
always is a gap in receipts between
the Colorado and the western range
season.
With old lambs now selling around
1925, sprngers on the basis of last
year should be worth around s24, but
even that price Will not likely shake
| the determination Of the country
owners TO let them pick UP weight be-
fore marketing. Farmers have great
confidence in the future market.