Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-01-27
CATTLE MUCH HIGHER
Buyers Fail to Thwart Sales
mems Efforts to Force
Prices Higher
HOG MARKET is FORCED DOWN
Packers Utterly Refused to Pay Steady
Prices, But After First Hour, Big
Local Killers Assumed Control, and
Market Improved some-sheep Close
Shade Lower; Lambs Strong.

| Chicago, Jan. 27.-Strong as was
buyers opposition ito salesnen's at
tempts to force the price of cattle high
er, trade worked to a higher basis be-
fore the close of the session, simply
because the run was light. At no time
was demand very keen Lack of heavy
eastern orders compelled some conces-
sions from the early conceived notions
of sellers. Butcher cattle ruled strong,
to 10@15 higher, and some spot showed
as much as 25c gain. The top for steers
was IT'S, but the animals were excep-
tionally fancy.
| Receipts all over the west, like at
Chicago. are dwindling, the six leading
western markets receiving only $4,000
the first two days of this week, or %, 900
less than week ago and 10000 less
! than the corresponding two days last
week. Kansas City received only 1000
today, against 10000 a week ago.
A fairly liberal run of cattle was ex-
pected here today. 1t was a week ago
today that such q surprising total was
recorded for the middle of the week, or
\
leading western roads received 1857
cars of all kinds of stock, or 372 more
cars than the estimate.
| Chicago's cattle receipts for this
month to date total around 24S,10G, and
shipments for the same period 116.700,
! showing a decrease of 26,5O0 in re-
ceipts and 400 decrease in shipments
compared with same period a year ago
The shipping and export demand for
live cattle keeps up good and will in
crease rather than decrease, which,
with anything like moderate receipts,
will benefit general market conditions.
| Buyers declare that the hooks are
full of meat and they will have to see
a better outlet before demand will be
normal again. The warm, unseason-
able weather is detrimental to the
| butchers business and lately the out
| put OF beef has been noticeably con-
Itracted.
Hogs.
| The utter refusal of packers to pay
steady prices for hogs, brought about
a lower market, since demand on ship
ping was not heavy. At the outset it
was 5010 cents lower, but after the
| first hour, and cessation of buying on
the part of scalpers, big local killers as
sumed control and market values broke
to a 10-cent lower level.
The five western markets reported
10000 less than last week and 10000
less than year ago. In two days re-
ceipts at these points are approxi-
mately 13S.O0O against $4,000 last
week and $4,000 a year ago. The jan
uary run here is $4,000 less than last
year, while the five western markets
will show a January decrease of about
400 900 on the same basis of compar-
ison.
Provision men took the government
report on farm animals as bullish on
hogs, and predicted higher prices for
both hogs and product later in the sea-
SON. Taking all farm animals other
than horses and mules, the decrease
last year is $4,000. The loss in hogs
is represented in the increase in pack
ing over last year.
Sheep.
Lambs ruled strong, where the quail
ity was good, tho there were few in
stances of actual advances. Sheep failed
to maintain their early show of
strength, and We're a shade lower be-
fore the finish. Light yearlings sold
along with lambs, but heavy yearlings
were no better sellers than sheep.
Chicago Livestock.
Chicago, Jan. Observation-Disclosures
receipts for today, 10000; opened gen.
orally 1Oc higher.
Beeves -. ................. 4.20@760
Stockers and feeders ......, 3.20@5.S5
Cows and heifers ........ 1.S5@5.5O
westerners :. ............ 3.9O@560
Hogs--Estimated receipts for today.
81, 900; opened &C lower.
Light =. ...............'.. oooWo.1o
Mixed ......... 5SO@645
Heavy 800. ........... 5.S5@65O
Rough ........... 5.S5@6O5
Bulk Of sales ... sos @6.35
Sheep-Estimated receipts for today,
15, 900; opened 10c higher.
Sheep ................. 'o.oVVo 90