Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-12-28
Unexpectedly Light Receipts
Create Active Demand for
Offerings Of Cattle
HOGS UP 10 TO is CENTS
Insufficient Supply Following Holiday
Inactivity Starts Active Kidding and
Prices Maintain Advance - "l"eet
Active All Day-sheep Prices Tod
Sic ,Gy.
Steady.

Chicago. Dec 2S-Receipts of o2tt!e
fel. below expectancy today and the
res,.lt was Immediately shown j nan
ad advance of prices. Packers. ship
pers and small buyers were all in the
trade at an early hour and gaNc sup
port to the market. At the close val
ues were steady to 10c higher.
Buyers insist that light supply y
the hope of steady markets this week
and support their arguments by the
receipts of last week at $4,000 against
69,O2S the week previous, and 46.O6l
year ago, but this decreased supply
compared with the week before was
only in keeping with falling off in beef
demands. Markets have been crowded
with poultry for the past zen days
and beef has been in secondary favor
with the consumers. Local coolers held
big stocks and the same was true of
the situation in the east, where poor
beef markets were also due to in
creased poultry consumption. Packers
buyers have carried small orders for
all grades and the particularly light
demand for good to choice kinds was
a disappointment in view of the slim
proportion of such kinds among ar
rivals. Weight has been in poor fav-
or for the past two weeks, even the
prime heavy grades, yearlings and
handy fat killers meeting best demand,
but this week there were comparative
ly few choice yearlings here, and $50
a slim supply of Well-finished handy
steers. Until the consumers tire of
poultry beef demand is expected to con-
tinue light and small marketing of
steers will be in order.
Hogs.
Active demand by scalpers and ship
pers comparatively light receipts. to-
gether with the fact that practically no
hogs were left over, brought about an
active market Closing values We're 100
15c higher.
December receipts to date are but
81 900 more than last year and the
big run prophesied for this month has
not materialized. Doubtless this will
result in heavier supply during jan
uary than would have been the case if
the hogs had shown up this month.
Shipping demand was good last week
and has taken a larger percentage OF
supply than the previous week, but
December shipments are $4,000 less
than a year ago.
The illogical lklture of the packers
position was indicated last Thursday
by the rush to buy all kinds of live
stock at sharply higher prices, dem-
onstrating that they are running on q
hand-to-mouth basis with shelves any
thing but grooming under a weight of;
accumulated product as they would
have the selling side believe. Another
week of light supply would demon
strate the weakness of the packers po-
sition. If packers are less ravenous
the country is certainly restraining its
impetuosity to unload.
Sheep.
Receipts were fairly liberal, butchers
being in better demand than the trade
hadl looked for, and prices were stead.s.
Chicago Livestock.
Chicago, Dec. 90.
Cattle-Estinlated receipts for today.
10000; opened steady to loo higher;
beeves, S.65@7.70; westerners $50 a
SOS; stockers and feeders, 2.70@4.S0;
COWS and ,heifers, 1.50@5.00.
Hogs-Estimated receipts for todaE.
10000; opened generally 1oc higher;
light, 5.10o15.s5; mixed, 5:50@6.10;
heavy, 5.5o@6.15; rough, 5.50@5.70;
bulk of sales, 5.6O@5.95.
Sheep-Estimated receipts for today.