Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-01-30
Dull CATTLE MARKET
Trade Closes Week Slightly
Higher Than Week Ago,
as to Prices
HOG VALUES 10 TO is HIGHER
All Sorts of Hogs Included in List of
Higher Priced Animals - Offerings
Quickly Snapped UP, Packers Being
Active Buyers Sheep Market Pure
Iy Nominal One-vauss Break Bad
Iy.

| Chicago, Jan. 3O.-Cattle were nom
inally steady, and there was no active
higher as to pricese. than it finished a
week ago, the improvement being the
direct result of the curtailing of Of
ferings.
| This weeks receipts at about $4,000
stand the smallest for January since
about 1900, and receipts for the entire
month, estimating 800 for Saturday will
total only $4,000, being the smallest for
any month since last September and
the smallest January since 1901, stand
ing $4,000 smaller than January. 1908.
| Regardless of the smallneSS of sup
plies, 1t is advisable to hold receipts
down for the next week or two and give
the market a chance. Packers have
been lowering dressed beef prices this
week and claim to have their coolers
the consumptive demand both at home
and turnout the east has been more in
! different than usual.
| With the smallest January weeks re-
ceipts of cattle In nine years the aver
age price Of good beef steers at
Chicago this week, compared with the
corresponding week in previous years.
was highest in over ten years and about
the highest on record for this time of
the year. The average this week for
good" cornfed native steers at $500
stands 90 cents higher than the prev
ious week, IS cents higher than year
ago, 40 cents higher than two years
years ago, $3.50 higher than the corre-
spending week in 1904 and 1908, and
$1.05 higher than the general average
of the corresponding week in January
since 1900.
-Hons.
The merest sprinkling of hogs was
on the market today. Blocked by the
storm, trains We're slow in getting in.
and large number of cars which had
been destined originally for this mar
ket. were unloaded at various points
along the railroads. The market was
naturally strong one. Values were
10@15c higher than the previous ses-
sion, and all sorts of hogs were in
cluded in the list of higher priced ami
mails. Shippers did not have many
orders. and those who did carry them,
were not able to fill them. for, with
packers active buyers offerings were
quickly snapped up.
The five-day supply in the west
shows big decrease, compared with
last week and year ago. Locally the
run is $4,000 less than last week and
about as much short Of year ago.
Shippers, on the other hand, are talk
ing more hogs than at this time last
year. The January supply to date
here is 226,OOO less than Il year ago.
Morris Schwabacher estimates the
stock of provisions in Chicago on dates
named as follows:
Jan. %. Jan. 81.
Pork bbls ......... $4,000 20,53S
Lard ties 80. ~ 1000 29,l65
Ribs. lbs go, 100000 2O,66S,467
There is peculiar situation in the
grease and tallow market, which more
or less affects the lard trade. High
prices for butter and Il scarcity of
olive oil abroad have increased con-
sumption of cottonseed oil in Europe
and America. Shipments of cotton
Kingdom for the season are $4,000 tons
short of last year. Supplies of cotton
seed in the United States never We're
larger or the quality better, but the
amount to come forward will depend
upon the future price of seed. Cotton
seed oil is selling at &c, or SC under
lard. and is affecting the use of but
ter and lard. Compound lard is tax
ing the place of pure lard to q greater
extent.
A year ago the top was $455. and
$435@445 bought the bulk. Two years
ago the top was sos.
Sheep.
A steady tone was reported in live
mutton The market was purely q
nominal one, as there were only {. cou-
pie of loads in the yards. The trade
could we'll afford a smaller run, for
even tho receipts this week We're less
than they We're the previous week, the
decreas was not so markd as to i'm
prove prices and values broke badly
before the close.
Chicago Livestock.
Chicago. Jan. 0.-Cattle-Estimated