Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-12-14
MARKET WEAK OWING TO LIB.
ERAL RECEIPTS At GENERAL
DECLINE OF TO 10.
BULK OF EARLY SALES
RANGED $7.35 TO $7.45
Cattle Trade Slow, AItho Receipts
Lighter Than Expected-Ysarlinss
Sold We'll But heaves Hard TO Dis.
pose of-Prices for Most Glasses Of
Sheep 10 to IS Lower.

Chicago, Dec. 14.-Hogs were again
lower today, the market being weak
owing to liberal receipts and lack of in
terest. Prices showed a general de-
cline of 50 10 cents. A top of 1855 was
! reported, tho this was above the gem
,ral market. The bulk of early sales
ranged from s7.35 to $7.45.
Packers actions are neXplicable.
Possibly there is method in their
madness. but nobody in the trade is
able to discern it. On Saturday they
We're out spending their money on the
bulge like bunch of inebriated mar
liners. Monday they We're insistent on
d 25c cut. or determined to let the stuff
alone. Were they bidding for run?
If so. they appear TO have been success
full in swelling the movement little.
A rumor is in circulation that packers
are at loggerheads in the provision pit.
Some of them have been selling prod
uct and evidently believed that the in
vestors who bought on the bulge would
fare badly. 1t was one Of the biggest
days the provision pit had seen in
long time At least one large short COW
cred at high prices. Smaller shorts
were pI Guy SSiiSl any LIZ SCd W Nv ~
by the big advances OF last week. II
may be tine policy vi the pa cisc- 70 re-
press bullish energy. both in the pit. and
the hog market by giving the bulls
few ha-d falls.
Cattle trade was slow. Receipts
were not so heavy as expected, but
were ample Most buyers remained out
of the market until the session was
we'll advanced. Yearlings we're in de-
nand and sold well, but heavies were
hard to dispose OF and sales were so
few that it was impossible to quote
prices with accuracy.
Liquidation gives no sign OF ceasing.
The west had another liberal run Tues
day, six markets totals standing at
Al, OOO an increase Of 1000 over a week
ago, while two days run at six points
stands at $4,000 against 100000 last
week. That the country is still flooded
with warmed-up and short-fed steers is
we'll evident and the trade is holding
out no hopes Of much betterment from
present badly broken price levels until
the feeders themselves take hracer
and determine to feed out big pile OF
the roughage and corn to cattle rather
than rush the half-matured stuff here
and take their medicine in the shape OF
severe losses.
Three roads reported 925 cars in sight
for today, which means a probable sup
ply Of $4,000 to $4,000 Sattle. and this In
face OF the liberal run in two days this
week meant another mean session.
Mondays actual receipts fell to 35.-
s93, against the estimate OF $1,000.
Reason for this was the tardy delivery
Of trains by the railroads. Over 800
cars Of live stock which should have
been counted in Mondays arrivals got
here too late and in consequence went
TO swell the Tuesday estimate. Again.
big number OF cars due to arrive
Tuesday got here too late to be fig
ured in the days run and thus went
over for the Wednesday estimate.
| The Monday trade, however. Jared
hard under the bearish pressure OF the
big estimate. Had it been known that
i less than $4,000 cattle would arrive up
to $3.50 D. m. on Monday doubtless
market conditions would not have been
as mean as matertaliZed. There were
+ dozens Of loads of cattle which arrived
after / o'clock on Monday that were
not shaped up in time to be sold that
day. ahho not many Of them were
brought out this morning for the reason
J tndt no OeindNO eAlSteu loT tileHi. AA
| fact, good share Of Tuesdays steer
run was not shown and the followers
/ from Monday and Tuesday. swelled the
Wednesday offerings.
| Sheep.
Sheep and lamb prices did not look
encouraging. buyers being apparently
Indifferent So far as learned the best
price was ss.4O for lambs, tho there
/ were rumors that sale had been
/ made at $3.50. The proportion OF lambs
TO the total supply was not heavy. and
| for this reason lambs had a better
tone than sheep. The bes. price paid
/ for wethers was $500. Prices for most
classes Of sheep were quotable at 100
! is cents lower.