Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-01-28
Cattle Market Values Show But
Little Change Ill General
Way
ANOTHER HOG MARKET DECLINE
Loss of About Five, From Yesterdays
sales-Packers Buy Freely Toward
the Close of the Market-Lisht-
weight Animals Weakest-sheep o.
mand Tame, Prices Lower.
-

| Chicago Jan. 2S.--Cattle-Butcher
stuff WAS in better demand than steers
today. There We're spots where prices
closed stronger than yesterday, but in
a general way, values show but little
change. Offerings We're not heavy and
lower grades of cattle found rather
narrow demand
Too liberal receipts here next Mon
day ought to be avoided for the good
of the trade. remembering how the big
runs of last week and the week before
worked prices off so sharply. With any
thing like careful nursing the market
will hold its own, but anything like a
glut of so-called fat cattle on the
short fed order" will undoubtedly work
havoc with prices, consequently it is up
to the man in the country who has the
game and gain in his own hands. The
market this week commenced to round
to-. but 1t must be remembered with
the coolers still fairly we'll filed with
beef and the warm weather spell CON
tinuing the market can go tobogganing
again under the slightest provocation
Arrivals here the first half of this
week at $500 stand 3l.40O smaller than
week ago. 1920 under a year ago
and 1890 less than arrived the CORE
spending three days OF 1907 While re-
cepts are so much smaller. shipments
the first three days of this week stand
only 5000 under a week ago and with
in 1900 of the number forwarded
from here the corresponding three days
a year ago.
Hogs.
A late shipping order served drop
ping market, and final figures show a
loss of about cents from yesterday
Early sales made at n full 10 cent de-
cline. Packers bought freely toward the
close. lightweight animals showed the
most weakness. Prime heavy sold as
high as S640
The half-weeR run at the five west
erh market points is $4,000 less than
last week and 10000 under Il year ago.
January receipts at the five principal
markets are 100000 less than last year,
the local run showing a decrease of
$4,000.
The main bear argument at present
Is that prices are unSeasonably high
The rise in provisions has been effec-
lively checked ana EOlueFS OF long
stuff in the pit show a disposition to
take profits. Pit values are not high
enough to enable packers to hedge and
lessened receipts will be es-
sential to resumption of the march to-
ward the predicted 7-cent level Cur
rent prices are 50 higher than a year
ago, with nothing to support it save
fresh meat demand.
Profit taking continues to be the
feature in provisions. Specialists fig
ured that Press has recently unloaded
over 10000 tierces of lard and more
than 100000 pounds of ribs, Bartlett
Patten have sold over 10000 tierces of
late. Traders figured that the govern
ment report on hogs with it's decrease
of 40 per cent, cut no figure in the
trade. as the big Increase in the pack
ing had more than offset the decrease
in the number of hogs held Jan. 1.
Sheep.
Sheep demand was tame, and in the
absence of shipping orders and indif-
ference on the part of packers, prices
fell off 10@15 cents. Yearlings We're in
fair request, but were little weaker,
even on lamb weight sorts. Small lots
of lambs brought 7.75, but the price
was exceptional.