Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-12-20
STEERS SHOWED ADVANCE OF
is TO 25 AND BUTCHER CAT.
TIE 10 TO IS.
AVERAGE HOGS 5 LOWER,
LIGHT SHOWING MORE DECLINE
Sheep Were Strong and Higher, SELL
ing at Gains of IS to rs Cents, With
Lambs Generally Stronger, Choice
Being Taken Freely-eeneraI Review
of Live Stock Markets.

Chicago. Dec. ec.-Cattle were high
er today. Steers showed an advance
of Is to % cents, and butcher cattle 10
to 10 cents.
Total receipts for last week We're
/ $4,000. surprisingly large number,
/ against 71.01S in previous week and
t 69.O2S year ago. The Monday run at
1850 was second largest on record
for one day. Adverse conditions over
| the corn belt We're cause for the ex-
cessive liquidation. Everywhere feed
yards were reported in deplorable mud
dy condition and the feeders claimed
they We're forced to ship because of the
impossibility of feeding cattle with
out much waste of high-priced corn.
Another factor which tended to boost
receipts was the sharp advance in corn
prices due to bad roads.
The shipping demand was the saliva
ton of the trade. Shippers took 39,s0o
nearly half the weeks receipts, good
indication that despite the semi demor-
allied state of affairs in the steer mar
ket during cary days. the beef outlet
was still broad. Both packers and ship
pers were given feast of low priced
steers al time when it appear ed that
their needs were such as would force
them to pay strong prices had the runs
been moderate.
i Seldom before this year has such a
big proportion of marketings sold I'M
der $3.50. During the week the trade
was flooded with habitat and warmed
up light and medium weight steers.
n M h,,,- &c
Z rs cents and even 81 lower than high
time early last week. This big decline,
: however. was not limited to the kinds
below $3.50, There We're, in fact, num-
erous instances of IS cents6 s1 less for
steers selling at $1,000 100 and even
higher. The proportion of steers land
ing above 81 was very light. Last Nom
day out Of run second largest on rec
Ord there were less than ten lots of
heavy steers which sold above 81. altho
4 a few lots of yearlings ranging up to
$3.50, brought total transactions above
1925 up to about a dozen lots.
! Part of a load of yearlings sold Wed
nesday at SO. but top for load lots
this week was 1855. these also being
yearlings. Heavy steers topped at $50,
while the great bulk of steer sales
at s4.9oM650 this week stood against
s4.90G7.00 year ago, and mostly so
cents below the range at which bulk of
transactions were made last week.
Hogs.
| Liberal receipts of hogs caused
! drop of 5 cents on the average, with a
few light hogs showing more decline.
Supply last week rounds out abou.
100000, which is the first double CEN
fury supply since early in the year;
IN fact. It has not occurred since the
first week in February, when 203, 900
got in. Only five more weeks this year
nave produced more than 100000 hogs,
the big week having been the first in
January, when 215.oOo reported.
Considering supply it was good
market all week. 1t broke on Monday
and had some ups and downs but de-
spite an aggressively bearish attitude
on the part of packers prices have been
we'll maintained and the selling side
has done a very creditable stunt AT
the other western markets supply has
been much heavier than the previous
week, the five principal points having
an aggregate run of about 415,00C
2120Do last week and 438,000 a year
ago, when low prices and nigh corr
market were responsible for the liq-
uidation of frenZied character
A year ago the limit on heavy meats
was $3.50, stuff weighing, around zoe
pounds selling at s5.30G5.35 A. S.. 81
top was made, but 1915 bought ths
} best that walked and lot of goot
light in the 17od 1870 pound classes hae
10 sell at S51Om525
Trade in hog products is becoming
narrower both as the result of higf
prices and of the increased run of hogs
Short selling has been found unpro
fitable, and traders, as a rule, regart
values as TOO high to justify purchases
while at the same time they are cauti
Gus about putting out short lines. Hold
ers of January product took profit
quite freely Saturday. The cash de
mand is showing signs of letting VI
considerably also, while indications
point to fairly fair run of hogs from
the country.
Sheep.
Sheep were strong and higher, sell
: ing at gains of Is to 25 cents, Will
: lambs were generally strong, ant
where choice We're taken freely.
. Chicago Livestock.