Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-01-22
Offerings Poor, Running Largely
to Butcher Stuff and
Common Grades
PART OF HOG ADvoNcE LOST
Considerable Strength Shown at the
Opening, Shippers Being Most Ac-
tive Bidders, But Market Became
sIow--InitiaI Sales Five to Ten
Higher-sheep Steady and Slow.

Chicago, Jan 22.-Cattle receipts
We're only 1000, but there were enough
followers to prevent any advance In
prices. Offerings were poor in quality
running largely to butcher stuff and
common grades. Trade was slow and
demand was tame, with but slight
changes in values at the close.
Trading in the cow department Is
on steady basis with yesterday. Buy
ers are little indifferent, tho most OF
them are willing to take the good
cows and heifers at steady rates.
Hogs.
There was considerable strength
shown at the opening, initial sales be-
ing made at prices 500 over yester-
day. Shippers were the most active bid
ders. Later, the market became slow.
and part of the early advance was lost
The four-day supply here was 10000
less than a year ago, but $4,000 more
than last week The January run to
date is, however, 10000 less than a
year ago, while shippers have taken
$4,000 more. One cause of the weak
market this week has been di-
unfinished shipping demand, due to
heavier receipts at eastern points. In
four days shippers have taken 5000
less than last week.
More hogs sold below &c yesterday
than for week past, the light dele
CATION being on a s5.75G6 basis. Ship
pers were able to get good 1S0-lb stuff
around Sc. Pigs were also bad actors.
q 4 = ~ %p1y t1n hull
with weight sold largely at $6,30M6.40.
a wide spread of S625 q $40 taking
most of the butchers and heavy. Good
to choice mixed sold at $6@6.20. The
market is now back close to where
it was a week ago, and zoe lower than
the recent high spot.
A line 'of 5000 barrels of pork was
bought Wednesday by one trader. who
recently sold out at lower prices, the
sellers being mostly pit professionals
and longs. There is evidently some
shortage in January pork. as 1t was
moved up to s17.35, or Csc above Tues
days close going from q discount of
10c under May to a premium OF 71ac.
A provision specialist says: Hog re-
ceipts compared with last year, are
falling very short every day, and by
the end of the winter packing | look
to see the surplus entirely wiped out
and with the short weight on live hogs
this year, we shall make about 1OO,-
600, 900 lbs of meat and lard less than
last wear. In addition to this exports
of meats and lard to Jan. Is are about
81 900, 900 lbs more than last year
when we were straining every nerve
to ship out product for financial rea-
sons. Hog product is still consider
ably below prices of hogs"
Sheep.
Sheep were steady and slow, tho re-
,eipts were comparatively light.
Those who lost money finishing mutt
ton last year and determined to seek
it's recovery in the same spot are win
ming out Last year everybody lost
money making fat mutton: this season
even novices have had satisfactory re-
suits. Sheep have not made as much
money for feeders as lambs as they
have iheen selling relatively low, but
his is the rule, and nine years out OF
-en the feeder who handles lambs Sc
cures the best end of the stick, as they
make large and profitable gains. one
opical result of this seasons winnings
will be the ravenous demand for thin
western lambs next summer of which
he breeder will not be slow to take