Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-12-21
HOGS SHARPLY Higher
DEMAND WAS ACTIVE AND PACK
Frs WE'RE COMPELLED TO
COME ACROSS.
REPORT THAT So MARK
WAS REACHED AS TOP
Late Market Was IS to Is Higher
Than Previous Session-Demand For
Some Sorts Of Cattle Active at IS
Advance-Lambs Were Up IS to Is
and Sheep Demand Good.

- - oAtlA ftASSs WHY S4itAA y
ily higher, Packers tried to get supplies
without paying the advanced prices but
the opposition of sellers was too strong
and late in the session they We're COM
PEELED TO pay higher prices. The IS
mark was reported TO have been
reached. tho the sale was not autflen-
ticated up 10 a ate hour. Some pack
ers paid as nigh as 1875 for some hogs.
The late market was Is to % cents
higher than the previous session and
indications were that there would be al
most a complete clearance.
December receipts 10 date are $1,000
less than a Year ago, while shippers
have increased their purchases about
$4,000. Shippers are buying five hoss
J where they took one a year ago, so
that packers are getting a very short
supply. There We're only about So
coo head at the five principal markets
Tuesday. against 81, 900 last week and
the two-day run at these points is but
/ 10000, against 100000 last week ard
$4,000 q year ago. Packers did not
get the hogs they expected in Sovem-
Der ard it is now evident that the De-
cember run will fall far below their
expectation.
Packers are in waiting mood. Either
they are bluffing or they are confident
that hogs not showing up now Will
raterialize later in the winter. Com
me,.ting on their attitude, a provision
! man said: Hog receipts are disap-
pointing to buyers and as cash trade,
| if anything. is showing improvement,
We are forced to admit that altho
prices may look high the sellers have
more theories than product with which
to make deliveries"
Cattle.
The demand for some sorts OF cattle
was active, and where a seller could
nee. with a buyer who had orders for
eastern account ne was able to secure
an advance Of about Is cents. The best
price of the session was paid for year
lings. Butcher cattle were higher in
spots and generally strong.
That beef demand is still reason
ably broad is evidenced by the keen
bidding of both the packers and ship
rers at every turn when there is a
tight supply. A few weeks ago the
Killers gave out the impression that
beef was a drug on the market aad
| coolers held a big surplus stock. tbs
was a bearish influence on the market
then. but its effect has been quickly
| dispelled, and instead OF packers hold
ing big supplies evidenc is being
strongly put forth to show that beer
stocks are not above normal, and are
going into consumptive channels with
all the regularity usually noted at
this time Of the year
Market having been lifted off bot
tom level. can be held up under con-
1~inuance of confident feeling over flu
ture of the trade. With q world OF
cheap feed at hand and weathencondi-
tons decidedly favorable TO beef
making, those feeders who will rush
a LOT of w~arIned-up stuff to marke
now, that prices have started up again,
will likely find tina they have made a
mistake.
Since a big share Of last seasons
feeding cattle were taken out TO De
given a short feed. and many OF them
have been returned. there is reason TOT
belief that the big runs OF winter wlli
be over sooner thar many figured. n
when it is found that supply can only
continue to run up to normal volume.
killers will nave small chance OF again
efecting breaks in prices; Out, on tne
other hand, will be put on the de-
fensive. to fight as best theS can d
buNish tendency in the trade
Increased poultry consumption is nat
4 lraIlN a factor cIlc11'5 49,
ton a, this time, and until the holiday
season is over there is prospect Of beef
trade being able 70 get along on quite
moderate runs. while any considerable
Increase from late totals will, the trad
ars say cause some sharp down turns
once more.
Tuesdays run. estimated at $500,
stood $500 smaller han one week ago.
and for the two days this week run
totaled only 24.500, against 1921 a
week ago and 24.S61 a year ago. market
this week behaving about in the same
manner as one year ago, when the trade
was just starting to recover from a bad
price pounding spell, such as was engf-
neered by the killers up to last week.
AT six markets supply for the two days
this week totals only $1,000. against
l14,0O0 a week z and $4,000 a year
ago, indication that the country has
come to the conclusion that beef max
ing is good policy, while weather con-
.inues favorable and market shows
ability to come back" strong from
low spots hit recently.
Sheep.
Lambs were up Is to % cents, medi-
UNI sorts showing more advance than
did prime sorts. Sheep were in demand
dIS'' alio ptihiS ~ - Va Ss'tNAo "SAAS
at s4.35. Yearlings sold at $3.50.
Receipts of sheep at six western mar
ket Tuesday totaled around $4,000.
against $500 a week ago, $4,000 a year
ago and 21,300 two years ago. Totals
thus far this week 81. 900. against 1872
900 same time last year. $4,000 like pc
Rod last year and 1900 corresponding
two days two years ago.
Chicago Livestock.
Chicago. Dec. Observation-Disclosures
receipts for today, $500; opened 5 to
10 higher.
reeves .......... ......... 4.o5 a. I.3U
Stockers and feeders ...... 3.5@5.s0
Cows and heifers .......... 2.50@6.25
Western ........ .......... A.1o@6.0o
Texas ........ ............ 4.25@5.3o
Calves .......... ......... 7.25@9.25
Hogs-Estiinated receipts for today,
$4,000; opened 10 to Is higher.
3 Light ...... .............. 7.5o@7.s5
Mixed .......... .......... 7.55@7s0
Heavy ........ ............ 7.50@7.s5
Rough ........ ............ 7.50@7.ed
20. . a- eaN? o.