Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-11-28

Chicago. Nov. 2S-Trade in hogs was
weak today. Packers support came
late in the session and top sorts sold
at $6.4O.
Hog receipts were estimated at 49,
900 Monday. and that number exceeded
marketing will be necessary the re-
naming days this week or still further
recessions will be recorded, as the sit
uation Is bearish at present. with the
poultry-e eating season at hand. A week
ago 5O,669 hogs were received. but only
29.7S3 showed up a year ago. while 30,-
AL were marketed two years ago. Inc
LAY over" from Saturday was 4,9lO,
which made the number on sale very
liberal and gave the buyers the advan-
tage. which they held thruout. Quality
was strictly good, but good many
light lots were scattered in the run. al
tho pigs were scarcer than usual.
Cattle.
Cattle were steady. The offerings
included few Of good quality.
Even tho the buyers realized that the
Monday crop would be the last liberal
dose here this week, since the Wednes-
day run should be severely cut owing
to the fresh decline Monday, there was
general disposition to hammer away at
the prices and let the supply situation
later this week take care Of itself.
If the local killers do not buy anoth-
er bullock this week they will still have
all the beef their trade really requires,
and the same was said to be true OF the
supply situation confronting eastern
shippers. All houses have big beef sup
plies purchased from excessive runs in
the past few weeks and the fact that
poultry and game are getting first con-
sumner call right now simply meane that
surplus beef stocks must be carried in
coolers until beef demand grows. and
there is small likelihood Of the outlet
broadening at least in the next ten
days
No one in the cattle trade anticipated
1000 fresh receipts fol- the opening
day this week. A run around 10000
was all that conditions called for, and
had there been only that number the
beef trade situation would not have az
forded better than an unchanged price
basis compared with last week.
price basis now in force.
The market received only such pr!ce
punishment as was predicted in event
that the country shipper failed to con-
serve supplies to suit demands.
The Thanksgiving spirit 10 minus
where there is no turkey in the house.
On Thursday the great American bird
will be served hot, and thereafter, as
long as the carcass lasts, it Will be
served in various forms-cold sliced.
hash, mad lastly, in the form OF turkey
soup.
Meantime the consumer Is saving his
beef money. He wants no beef as long
as the turkey holds out.
! This effects a short cattle demand
| from the killers. They have been pre-
| pairing for such a situation in the past
| ten days. buying lightly except where
| the prices could be lowered to a point
which made the purchases really cheap,
and the cattle owner who consigns his
stock for this weeks market can only
hope to get a cheap price for 1t.
There is no great need for excessive
liuuidation, such as the Monday run
| indicates.
Conditions in steer trade will not i'm
prove materially until marketings are
| cut to short volume and the surplus
I stocks in coolers are worked into coz
sumner channels.
Meantime the feeder who has cattle
| in stalk fields had best keep them
! there They will pay their board in
weight gains, and ltaer this season
should have better chance Of bringing
a decent price than is the, case right
now, or is likely to be the case in the
next ten days. ~
Sheep.
Jopohs uera boosted 10 and ID cents