Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-01-24
THERE WAS GOOD DEMAND FOR
A TIME BUT MARKET WORKED
DOWNWARD.
TOP OF $7.e5 FOR LIGHTS
BUT PACKERS BOUGHT LOWER
Cattle Were About Steady, Buyers
Paying a Little More, But Market
Rather Quiet and Some Steers Held
over-sheep and Lambs Sold Well
After Opening Hour.

Chicago. Jan. "a Hogs opened
strong and for a time there was good
demand, but eventually the market
worked to slightly easier prices. The
top was 1896 paid for lights. but pack
ers bought at s7.so@7.s5 and some
heavy stuff at $775.
An average official weight Of only
POI pounds last week was posted to the
general surprise of the trade. as it was
two pounds less than the average of
The previous week Logically an in
crease should have been recorded, as
the proportion OF light stuff is grow
ing smaller each succeeding week, and
the new crop of hogs is constantly
showing more weight. but the discrep-
ancy is easily explained. Shippers
took i0,6S4 hogs last week. grabbing
the major portion of the light end of
the crop which was reweighcd in
finding the eastern outlet, onseQuently
the legitimate average would be sew
eral pounds heavier than the one an
nounced.
Missouri river markets were fairly
we'll supplied for Monday. which sug
gests liberal showing on Tuesday.
All this aided the depression process.
Combined receipts of hogs at eleven
markets Monday totaled 10000 an
increase of 5000 over week ago, o.
500 compared with a year ago and
800 compared with two years ago
Total for 1911 to date 1851. 900. an
increase Of $1,000 compared with the
same period in 1910, but a decrease of
$4,000 compared with the correspond
cago stood 1900 larger than a week
Kansas City decreased $500 compared
with last Monday and 1900 compared
with year ago. Omaha was 1000
smaller than week ago and 800 larg-
er than a week St. Louis was $500
lighter than a week ago. but 1000 larg-
er than q year ago. Buffalo increased
1000 compared with week ago and
1000 compared with a year ago. Pitts
burg was the same az last Monday. but
gained 1900 over a year ago.
Chicago stock yards a year ago this
week received in round numbers 49,
900 hogs, while the corresponding week
OF 1909 arrivals were ISL 900, and three
years ago $4,000. The average weight
a year ago this week was 2l1 pounds,
two years ago 2o5 pounds and three
years ago 215 pounds. Best hogs
reached $3.50 a year ago. while two
years ago the top was $3.50 and three
years ago this week the best offerings
only reached $3.50. The average price
a year ago this week was 1881. while
the corresponding week OF 1905 the
average was only s4.35.
Cattle.
Cattle were about steady. Some buy
ers paid little more but the general
market was rather quiet and q few
steers We're held over.
Beef coolers last week were claimed
to be heavily stocked as a result OF big
runs and killers argument was TO the
effect that much OF their stocks could
not be moved. Further evidence OF this
sort OF a deal was not forthcoming
this week, however, when the shippers
cut in for liberal dose Of the run, fol-
lowed by the packers, whose buying
was indeed not Of the character which
tends to the belief that beef is a COM
modify which Is hard to move. Ex-
porters Monday took fair crop OF
good 1900 to 400 III steers but limited
their purchases mainly within a spread
of s6.15 $40
Thus there was plenty Of general
competition after the slow start Nom
day and supply was we'll cleared before
the close. Roads did creditable stunt
in getting stuff here. and in this con-
nection the new order issued by the
president of one big western line might
we'll be copied by other traffic heads.
This railroad president has tired Of
paying big claims and has ordered d.
vision superintendent to cut five or
six cars off every train to make up
special. and pull the stuff to market as
fast as safety will permit.
Sheep.
Sheep and lamb trade. tho slow, was
fully steady. light lambs selling well at
ter the opening hour, and heavy sorts
being slow and dull, a few going to
exports at the established price Of $500.