Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-12-31
NO CATTLE TRADE, FEW HUN.
DRIED RECEIPTS, BUT PRICES
STRONG.
STEERS sLosED Is HIGHER
ON BULK OF STUFF
Eight Cent Hog Plays Return Engage
ment, Market Stronger on Activity
Partially Shared BY Paeksrs-ons
Load Went at Sso5 - Lambs Weak
But Sheep Made Gains.

on Saturday The week closed with
prices higher than they We're last week
and considerably above the low point
Of the current week. The steer market
closed % cents higher on the bulk OF
stuff Because of lack of market sup
port extended to butcher cattle values
in that branch are not much higher
Cow stuff has advanced but the heifer
market has not been active, the demand
having fallen off sharply after Christ
mas.
The upturn since early Wednesday
has been a swift one. Full strength Of
daily advances have not been quoted by
the trade, since it was deemed advisable
10 be a little conservative in making
known the extent of the price gains.
Still it has been put on in good sized
chunks, and as the situation now
stands practically all of the decline
forced after Wednesday of last week
has been regained under dose Of light
receipts this week. which have proven
the best tonic the trade has had in
some time past
Supply in six days stand only 80
600. against $3.50 a week ago and
60.021 a year ago. while at the six
markets the week to date totals show
an aggregate OF only $4,000 against
$4,000 a week ago and $4,000 year
ago, the cut in receipts all around
strongly emphasizing good judgment on
the part Of feeders and shippers. The
trade has been in need Of a week of
cautious marketings and continuance
next week would be good thing. altho
there is general fear that supply will
run up to big volume next Monday in
spite of the New Years holiday.
Packers are figuring on $4,000 to 30
900 cattle for next Mondays market,
but in some selling quarters there is
a hunch that the country is becoming
quite conservative as regards the fu-
ture outlook and is inclined to make
beef, while the weather is propitious.
rather than ship lot OF HABITAT stuff
simply because the market has again
righted itself. Bullish impulse is ex-
pected to keep a good many cattle in
feed yards during the first two weeks
of January and unless this prospect
goes wrong the sellers whose country
advices are not such as give them fears
of glutted market are of the belief
that the prices. again esta blished on a
decent basis, are not going to be badly
broken.
Packers coolers are known to be
pretty we'll cleared Of beef and the
light supply they got this week natur-
ally has not afforded laying up a sur
plus, and thus they are going into the
new year with comparatively small
beef stocks but until the market for
beef strengthens to a price basis which
affords a little wider margin between
cost and selling price there will nee
essarily be only such demand as ac-
tually required to fill their require
nents.
narrower price spread than in some
weeks past has taken bulk Of this
weeks supply. Quota below $3.50 has
been rather light, while scarcity OF
choice stuff was bar to frequent SELL
ing above $3.50, and most steers above
the latter price have shown less adj
vance than the s5.756635 kinds. The
latter range, in fact, has taken the big
gest share of the short-fed 1850 to 1850
pound steers of medium to good grade.
while stuff to killers down to $1,000
| 5.25 has had small claim to beef
| making quality. and would better serve
| the purposes of the future were it
| taken back to the country to dispose Of
rough feed and cheaper-priced corn.
Hogs.
| Hogs We're stronger and prices up on
an activity which was partially shared
in by the big packers. The Scent hog
played return engagement, and 1t was
reported that one buyer paid as high as
ss.05 for a load. The close was cents
higher on an average.
The f1ve-day run here was only 100. 400,
against $4,000 last week, while ship
pers have taken $4,000 or 1000 more
| than last week. indicative Of how few
! hogs packers are getting is an increase
| in December shipments Of $4,000. COM
/ pared with a year ago. while receipts
show a deficiency of 10000. The five
principal western markets had only
$4,000 yesterday, against $4,000 last
week and 44,500 year ago, making a
five-day run at these points Of about
| 214,ooo. against $4,000 last week. A
year ago the holiday cut out Mondays
run. so comparisons are unfair.
Despite urgent demand, especially
from shipping sources. provisions pit
opinion is still couched in lugubrious
language, but II the experts down that
way are as wrong as a year ago, their
| opinion is worth little The fact re-
mains that the hog run is unseasonably
small and that demand for pork, in all
shapes is broad. The winter packing
season is we'll advanced and cellar
floors are as bare as ever with little
prospect of filling the yawning va
cancy.
Quality is coming remarkably good
This is indicated by the narrow range
When the bulk Of the crop sells at q
spread OF cents It must be good A
year ago. owing to the presence Of a
profusion of light stuff, the range was
much wider.
Sheep.
The live mutton trade was nominal
for the week. Lambs closed rather
weak, tho sheep made some gains.
Choice light yearlings are worth UP
to $3.50, and fat eighty-hve-pound
stock of such weights will sell mucl
more readily at the price than will
choice underground lambs at the same
figure. Choice. strong weight year
lings are making $5.10@5.25. and fair
to good heavies $4.5005.00. Fat handy
wethfsTrs s.s popular with killers. es-
pecially II carrying on q good percent
age Of breakers, In which event they
are quotable at 34.1S0l.4s. but II
\ heavy 34.26 IN the STOPPING place for