Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-01-24
MEAT BOYCOTT USED AS AN Ex-
cusE TO POUND LIVESTOCK
PRICES.
STEERS OFF 10 TO 20,
BUTCHERS DOWN is TO Is
Hogs Decline 10 to IS Cents, While
Sheep and Lambs Are Generally 10
to 25 Cents Lower-Receipts Not Alb
normally Heavy-Review of Market
Conditions.

Chicago Jan "a. - The agitation
against the prices of meat was used as
hammer by the buyers of livestock
this morning. and rather deftly did the
big packers WELD the weapon. Tho re-
ceipts were not heavy they We're liberal
enough, under the circumstances, at
all markets and all livestock generally
was in the hands of buyers. Cattle
We're forced off 1920 cents for steers
and 15@25 cents for butcher stuff,
while hogs declined 1o@15 cents.
Sleeps and lambs were generally 100
% cents lower
In some respects the last week has
been a disappointing week in the cattle
market. In spite of the fact that the
railroads are badly gummed up and
can move their freight only with the
greatest difficulty liberal supply of
stock arrived last week. indicating that
the country is eager to unload short
fed cattle even in the face of obstacles.
The weeks supply totals $4,000 against
So 900 the previous week and 10000 a
year ago Demand was not broad
enough to warrant such an eXtravagant
run and buyers put on all the bearish
pressure they possibly could. Last
weeks market started out on a 100
Is cent decline and while there was
rally on Wednesday, when some of the
reduction was regained. a lower market
again on Thursday made the weekend
trade bad and at the finish values look
at least 1Oa15 cents lower than week
ago
Railroads have certainly had their
troubles getting stuff TO market and
much of il was a day or TWO late. This
nut the regular schedule of receipts
out of gear and both buyers and SELL
ers had to do considerable guessing
as TO future probabilities.
Cold weather had hit the feeders
hard blow and many cattle We're
forced in which no doubt would nave
been retained at home under more
favorable conditions A shortage OF
corn in some parts of Iowa contrl-
buted to the disposition TO market
prematurely. for at the present prices
of that cereal cattle feeders are not
anxious to go on the market and puy
corn. Some have corn in the field
which they can not reach and SO for
various reasons many light and me-
dunn cattle have been marketed
The chief decline last week was on
the medium to pretty good steers
which sold at s6@6.l5.
Hogs.
January receipts up to Saturday are
245. o0o less than year ago and at
the five principal western markets the
deficiency on the same basis of com
harrison is 100000 Compared with the
same period of 1908 the deficiency al
these points is 100000. Local receipts
compared with January, 1905, show
shortage of $4,000.
How short he present hog run is
may be imagined when comparisons
with the corresponding periods of 1909
and 1908 are made. Up TO Jan. %, 1909
Chicago receipts were 66S,0o0, against
$50. 900 in 1905 January receipts in
1909 up to this time at the five prin-
cipal western markets were 100000 less
than in 1908.
\ year ago the run was much heav-
! Ter than at present. 1t was then large
Tx a ssa6.30 market with shipping
grades at s630M6.4o. Two years age
$3.50 was the top and s4.25 @4.40 tool
the bulk.