Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-12-30
Butcher Cattle Sell at Slight
Advances, But Buying Orders
Not Numerous
HOGS CLOSE SHADE HIGHER
Liberal Receipts Caused Weak Open
ing Prices, But Active Demand De-
veIoped Later-Sheep Trading Not
Very Brisk, But Moderate Receipts
Again Imported Strength.

Chicago, Dec 3O.-Cattle-There was
a strong tone early, for butcher cattle.
selling at slight advances, but buying
orders We're. not very numerous, and
the market closed steady.
The first two days receipts totaled
$4,000, against 32,7S0 a week ago and
1884 a year ago, and moderate sup
ply of $4,000 to 10000 for the Wednes-
day market would likely be sufficient to
fill orders. Beef trade. the killers
claim. is not growing materially this
week, and there can hardly be any
very broad outlet in consumptive chan
nels until after the opening of the new
year. Moderate supplies in recent days
have filed all actual requirements Of
the killers, and in local channels coolers
|are reported comfortably well stocked,
which situation would seem to point to
only moderate cattle demands in the
near future.
Shippers bought literally on Monday,
taking close to 5000 cattle, and it is
doubtful if the demand on this account
will be very heavy again tomorrow and
later in the week. Export operations
continue on a restricted scale, and there
is not much stimulus to keen demand
from this quarter.
Relatively stronger demand for the
medium and plain light steers this
week, as against the heavy good to
choice grades. is situation in the
trade which has not been noted for
some time past, and gives indication of
consumers preference just now. altho
the scarcity of choice grades cannot
help but hold these in good favor with
in the next few weeks. Any very
marked falling off in receipts would.
however, draw the price basis for plain
and medium kinds to a higher level at
faster pace than for the choice
classes. Feeder buyers are competing
actively for the $500 steers. and this
broader outlet for such grades tends
to strengthen the market for them quite
materially.
Hogs.
Opening prices We're weak, on liberal
receipts, but later on active demand,
some strength developed, and the mar
ket closed a shade higher.
Holiday inertia has evidently been
shaken off in the country, the recent
advance having afforded inducement TO
get busy in shipping circles. Quality
lis pretty good and there is some ship
ping demand. Official figures show that
eastern demand was to large extent
responsible for the good market Mon
day. nearly 10000 head having been
taken on that account. Current prices
are conspicuously higher than year
ago. when $40 was the limit, and $40
M4.55 took the bulk. The market is
now practically on the same basis as
month ago.
Sheep.
Moderate receipts again imported
strength, altho trading was not very
| brisk.
While general demand for lambs is
good there is hardly as keen call for
prime lots, as the previous week. but
the main reason for this is that buy
ers are taking the decent" killers. and
in that way make their purchase sheets
| appear as low as possible. Unless sup
plies on remaining days this week be-
| come liberal most traders expect a
good market turnout.