Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-12-09
PACKERS FAIL TO COME TO SUP.
PORT OF MARKET AND
PRICES REcEDE. .
MODERATE CATTLE RUNS
STIMULATE MARKET
Close For Week is on Higher Basis
Mutton Show-Firmness and Close
For Week Shows Healthier Tone
Review Of Market conditions-Ths
Days Quotations.

Chicago, Dec. 9-Packers failed to
support the market and the early adj
vance OF ) and 10 cents on hogs was
lost.
Local hog receipts Friday were esti-
mated at 10000 and under. and while
packers were extremely beariSh at the
start, they soon found such tactics with
the run being so light. Five days re-
ceirts were 10000, an increase Of 34.-
500 compared with the same period last
week and $4,000 compared with the COR
responding time last year. Quality was
fairly good. but there was scarcity
Of prime hogs. Pigs were not very
plentiful and such arrivals sold strong.
Eleven markets had 1900 less hogs
than a year ago, 1900 more than "a
yea1 ago and 1880 more than CORES
ponding Friday two years ago. or 9o.-
100. Total for the week to date $4,000,
or $4,000 more than same period last
week, Isl, 900 more than the like time
last year and 217,0G0 more than the
corresponding five days two years ago.
Total for 1911 to date s23,1s2,000. or s.
Cos, 900 more than the same period III
1910 and 1926 900 more than the cor
responding time in 1909.
Cattle.
Moderate runs in cattle stimulated
buyers and the market closed higher
for the week.
The substantial advance which has
been secured this week must not be
understood as coming from the packers
thru the sense of philanthropy. The
big killers paid the higher price
simply because receipts were light and
the competition was keen enough to
force them to pay more MONEY. Before
the close of the previous week the
country had been devised Of the need
for marketing lightly. and it followed
this advance, with the result that there
have been less than 81 900 cattle on the
open market this week. This was
heavier than last weeks run. but this
fact is accounted for by the holiday
period of last week. Compared with
the run a year ago the result this year
IS $4,000 short.
The advances for the week have been
15do5 cents on the bulk Of steers. The
ones which have made the greatest
gains are the medium and fairly good
classes, while the two extremes have
have shown the least gains. There have
been cattle sold as high as 1915 this
week. but this price, which is the high
est on record on the open market. was
paid for string Of cattle out OF con-
signment for the show, and only a part
of the load was sold. The general price
for top steers is stopped at 1925, and il
takes excellent quality. bordering Or
the show class, to make SO. There IS
considerable spread between the cat
! n IN
the quality must be good. Sales under
| SIS include class either Of lighter
steers or heavy animals which do no,
show prime quality.
| In addition to the local support there
has been a good shipping demand this
week, and eastern buyers have taker
hold rather freely. Including the esti'
mate for today about $4,000 cattle have
been shipped out, which is about s4,'
900 in excess of the outgoing move.
ment for last week.
The shipment of cattle for show
week. accompanied by the shipper who
desired to see the show. and thus MAKE
the consignment pay his expenses
seems to have been discontinued THU
season. 1t is we'll that it has. for ther,
never was greater mistake thai
| crowding the market on snow Weei
with cattle merely because the ship
per wanted to attend the show.
caused a break in prices which US
ually more than Offset any advantag
of the shipper with travelling with tn
consignment The metod of making
the shipment of the cattle and the at
tending Of the show things apart from
each other is likely to be folloWe
more thoroughly in the future an
should prove advantageous to tn
country.
Sheep.
Muttons showed firmness and tn
close for the week was WITH healthie
tone
Receipts locally Friday were est:
mated at $4,000. against 2s,601 a wee
ago and 1871 a year ago. Total Thu
far this week. 131,700. an increase c
45.S0O, compared with the same perio
last week and 23,400 compared with Tn
corresponding time a year ago. 81
markets were credited with 25,ie
against 42,30O a week ago and 10000
year ago. Total the first five days tn
week, 10000. or $4,000 more than II
same period last week and $4,000 MOI
than the corresponding time last yea