Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-01-21
MARKET FINISHED STEADY WITH
BEST TIME OF FRIDAY,
PRIME At Ss.1o.
BIG PACKERS SUPPORTED
TO KEEP STUFF COMING
Nothing Was Doing in Cattle Market,
Which Closes the Week With Steers
Ago and 10 to is Under Monday
Sheep Fairly Steady.

SLlCdSO, Jan. EI.-f1OSS NIlSHcu
steady with the best time Of yesterday
Prime hogs sold as high as $50, scalp
ers doing little buying at the advances
! The big fellows We're not in the early
market, bu, there was a general feeling
that packers would support the mar
ket at steady levels in order not to dis
courage the country in marketing stuff
for the coming week, and this was
borne out by subsequent buying of big
killers
Statistics. however. are not bearish
il prizes are. the four-day run this
week at Chicago Kansas City. Omaha
St. Louis and ST Joseph approx
mating only 216.oO0. against 219.000 last
week and 2+S.o00 year ago.
Provision pit trade is not acting
in manner calculated to arouse bull
ish sentiment Liquidation by tired
holders has been the rule recently.
Packers seem to be uninterested spec
tators. They can not detect enough
hogs on the market horizon to jus
t'fy them in selling product and no
body is disposed TO buy at present
prices. Hogs are above q parity with
proVis ons and there is loss in the
manufacturing process. A lot Of cold
storage butter has been thrown on the
market this week. which has rot
helped lard trade
Cate.
There was no cattle market today
The market is closing the week with
steers all the way from ID TO 25 cents
lower than at the close last week. and
10 70 Is cents lower than on Monday.
A four-day supply of around $1,000
ic Gil nr
and 1900 more than came a year ago.
The country has not been as clamorous
for fleshy steers, its inaction being
tantamount to a protect against the
recent price uplft and killers have had
access, yesterday and today, to cattle
that got away from them earlier in the
week in a spirited contest with yard
traders who were confident of a broad
country outlet, and are now nursing
redeyed regret while liquidating. Sup
kets in four days this week is approx
imately 10000, against $4,000 last
week week and 900 a year ago.
The country evidently regards the
feeder market as top heavy, as it has
declined to support prices registered
early in the week. forcing liquidation
by local dealers Of considerable stuff
bought in confidence that the country
outlet would absorb it. This iquida-
ton was responsible for the break in
cheap stuff yesterday and today
The steepest decline is in the $5.25
q 5.75 class of killers, most of which
are 25 cents lower than Monday. The
in-between class of cattle. selling at
$3.50 $40 also shows some loss. 100
Is cents from Monday. Figuring from
the high spot last Thursday the de-
cline is still greater. Cattle at $685.
today. were the kind that scored at
$3.50 on the extreme high spot late
last week, but reckoning from that
basins point is probably illogical. az it
was merely a furry on meager sup
ply and a few urgent orders.
Heavy cattle with finish and handy
weight steers in the same condition are
scarce and have done a better stunt
this week than cheaper grades. The
1.6SS-pound steers that sold late yes
terday at $40 were the kind that had
trouble in beating $3.50 only a few
weeks ago. Finish is the exception
now, instead of being the rule. as was
the case very recently. and both
weighty and handy cattle with good
dressing quality are doing a better
stunt, altho they are rot earning a
legitimate premium over cheap cattle,
to which they are entitled on their
merits.
Sheep.
Most of the holders of live muttons
sold out yesterday at such prices as
they could secure, rather than run the
risk of carrying stuff over. Only a few
loads were reported this morning and
there was nominally steady market
Because of the consistency with
which the live mutton market has hung
around or below the prices at which the
big end of the feeding stock. now be-
ing returned 10 the shambles, was
taken out last fall. sheep and lamb
feeders have thus far experienced. in
the main. a most improbable feeding
season. But for the fact that the win
ter has been a mild and open one
which. with the aid of cheap feed, has
made possible rapid and economical
gains, their losses would have been
enormous. About the only feeders who
nave thus far been able to cash In their
stock at a decent profit. 4 not at
a loss are those who last fall fought
shy oe the class of feeding lambs and
sheep that were then selling about on
i par with fat stock, and who absorb
I'd instead the little "pee-wee" lambs
that most feeder buyers would not bid
On, or the thin old ewes that were on
the bargain counter most of the sea-
son.
Some Of these old ewes that We're
taken out at a cost of around 50. 30 %
800 have recently been returned after
period in corn fields and a few fin
ishing touches, to sell at $3.50 400
Others that were At for the work. are
being retained in corn belt farms
roughed thru the winter at small cost
and bred with the expectation of pro-
ducing lamb to the head next spring
These also will prove moneymakers.
Chicago Livestock.
Chicago, Jan. 21.-Cattle-Estima
receipts for today, 200; opened steady
Beeves .... ............ 4.so@70t
Stockers and feeders ...... 3.s5@5.9t
Cows and heifers .......... 2eo@62s
Western steers ........... 46o@5.st
Texas steers .............. 1900 $50
| Calves "a N q S0