Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-01-17

Chicago. Jan. 17.-There was a fair
demand for butcher cattle the market
ruling close to steady.
Steer demand displayed unexpected
strength this week with the result that
prices closed firm to 10 cents higher
than a week ago. in spite of a liberal /
increase in receipts. The market on
the finish showed basis largely 25@35 (
cents higher than two weeks ago-the I
close of the old year-and this rise in
general values. coming al a time when
ordinarily there is a bad tore in trade,
has been due almost entirely to the
short runs thus far in the year. For
the first two weeks of 1909, Chicago
receipts at 117.0o0 stand against 49,
coo a year ago. While in the cores
eating 1S2.SQo.
This considerable decrease from
marketings a year and two years ago
can be partly blamed. of course. upon
the bad weather conditions and the
poor rail facilities. while the flrner
prices now prevailing well indicate the
relationship of demand to supply. The
beef demand isn't being overloaded Just
now and until killers are able TO stock
their coolers with heavy beef stocks the
trade viii not worry much over pros
poets of a downward trend in values.
Still it is the season when big runs
of short fed steers are due. and,
weather permitting in the next two
weeks. the big run may be looked for,
say the traders. This would please the
buving interest. which, while paying
strong prices this week. did so under
pressure.
Last weeks receipts were $4,000
against 5S404 last week and I7.150
year ago and S4.47s two years ago
Starting In under favorable auspices
on Monday. prices broke a little before
the close. while the Tuesday supply Of
1858 forced values tn a basis 15N25
cents lower than Monday. This decline
AMI more. too, has. however, been re-
gained in subsequent DAYS on good
shipping and packer demand.
Due to the short crop of good to
choice beeves these had preference,
/ but of late there was relatively firm de-
mand for the medium and plain classes
which brought prices we'll up to last
weeks basis. shippers did not get all
the strictly good steers which they
needed and for this reason We're forced
TO patronize the medium classes more
| freely than doubtless would have been
the case otherwise.
Yearling crop contained few really
good lots altho one little package of
prime 1.212 pound Angus yearlngs
went on Wednesday at $50. while a
few heavy beeves fed with them also
made this price. top for the week. An
other lot of prime heavy steers made
IS with few at s7.59@7.7 but sales
have rarely been above 1925 A year
ago top was s715 ami two years ago
best brought $500 Bulk of good to
choice dressed beef and shipping steers
sold during the week at s6.00M6.75
with the medium to good at s5.40M 800
While a liberal quota Of plain and COM
mon light steers ranged at s4.75M5 %
with the inferior and rough kinds dowr
from $3.50, some tailings goins al
s4.15G4.40.
Hogs opened 10 cents better than the
close of SATURDAY. The market tor
was reported at sS.S7A.
Obviously the marke, is on an alb
normal basis and will not get it:
from. the demoralized condition i,
which it is at present There has beef
some increase in shipping demand thi
!, week, but scarcity of coal has re
pressed activity in Packingtown
What will happen this week is har,
10 forecast Railroad facilities are par
;. alyzed everywhere. Railroads are no
: anxious to handle live stock and vii
: not change that attitude until tn
scarcity of coal is relieved 1t is We
to recognize the fact, however. tina
this market is not on 9-cent basi:
and purchasing that way in the coun
u try is tantamount to riding for fal
$ A year ago the Scent hog had dem
n onstrated tha. it had come to sta
q and packers We're campaigning agains
I 4 prospective 7-cent market that de
V veloped subsequently. Only light drove
o were then costing below IS. and a 1854
y top was made The range was niue
a wider than a present. s5.80G6.30 tai
4 ing the bulk. Shipping grades the
r. sold at S6.15G 6.95. mainly, while pacF
ers' purchases We're made largely {
II s5.S5M6.25. Two years ago the to
. was s4,521a. the bulk selling at S4.30'
II AS The grower was at that tin
d liquidating in unrestrained fashio
showing a determination to get rid
hogs. which We're not paying the
board and scarcely feed. The mark
was glutted and shipping demand slac
Provision trade was dcfioraii3ed, Il
80 big run of hogs discouraging the BIT
party. Three years ago top w;
- made at s6.671s. the highest point
!, the year, $6.50@6.6o taking the blu
- during the week. 1t was easily a 6 ce
- being held by gr wers at 81 cents
, Sheep.
Lambs were weak, showing gener
break of 10 cents with the range
the decline 1O@15 cents and top
-. -, choice lambs 1915. Sheep were steao
IN choice heavy selling at 1928.
Chicago Livestock
Chicago, Jan. 17.-Cattle-Estima t
receipts for today, $4,000; 5000 Ger
n lower.
- beeVeS ....'..s''''s f.VoW u
he Stockers and feeders ...... 2.90@5
he Cows and heifers ........ 2.O0@5
nd Texas ........ 3.90@4
nd Calves ........... 7.75@10
les Western :. .......... 4O0@6
Hogs-Estimated receipts for tod
1000; cents higher.
Light :. .................. s.4o@s
u Mixed 80. ............ s.s5@S
va, Heavy :. ..... S.4O@s
he Rough 49,. .... 8.4O@s
,ur Good to choice heavy S.60@s
ect Bulk of sales ......... s.60@s