Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-01-05
CATTLE MARKET SLOW, WEAK
AND LOWER, PRICES OFF 10
TO Is CENTS.
DECIDED WEAKNESS
SHOWN IN HOGS
General Market S to 10 Lower Than
Wednesdays Close, or IS Under Best
Time-Paekers Held OF Until Sell
ers Granted coneessions-Lambs 10
Lower, Sheep Nearly Steady.

Chicago, Jan. 5.-The cattle market
was slow, weak and lower. Most
sellers called the market 1oM15 cents
under yesterdays average. A few
scalpers bought cow-stuff early at
about steady prices. but later they were
bidding 1905 cents lower and the
packers were all arrayed on the side
of lower values
Swelling of 200 cars IN the estimate
had the usual effect Of weakening gen.
c, al tone of the trade Wednesday. even
tho there were 500 cars still back at
noon. and prospect favored bulk OF the
i overrun of 200 cars not getting here in
time for the market. This meant
good sized crop today. however. and
! buyers whose orders were not pressing
! were inclined to slow down in bidding.
feeling content that if they did not
get the stuff lower today they would to-
morrow.
| The result of this bearish break in
! demand was a weakened sellers Situa-
ton and declines late in the session
We're inevitable. altho the fact that lo
cents recession covered bulk of tran
sactions still held by the trade in fair
shape. and a pretty decent clearance
7 vas finally effected on cattle arriving
IN time to enjoy competitive bidding
| Supply showed in quality the effects
| of good winter feeding weather. A
| liberal share of good grade 1900 to
I mostly Illinois and Iowa stuff. while
/ fair sprinkling came from Nebraska,
but there were few Kansans in the run
! Run for the three days this week
/ stands at 1920, comparing with $4,000
| a week go and 42.600 year ago. while
at six markets half weeks supplies
! stand at $4,000, against 10000 week
/ ago and $4,000 year ago.
Hogs.
| Hogs showed decided weakness. The
general market was 500 cents lower
/ than the close of yesterday. or gener-
ally Is cents under the best time. Pack
crs refused to come into the trade I'M
| I'll sellers were willing TO make con-
cessions Scalpers, too, were opposed
to higher prices
I The mid-week supply was consid-
erably below expectation. which was
due. probably to the fact that Iowa
roads have not been attempting to I'LL
car orders during the recent cold spell,
| not caring to get much livestock on
the road with no certainty OF getting
liz thru without delays which mean
! claims The railroad idea is that live
stock can wait until temperatures mod
| crate. This policy was pursued last
winter and was largely responsible for
the high March market then. 1t is
reasonable to expect another series OF
feast and famine runs. and up-and-
down markets this season.
| At Missouri river markets the run
+, showed slight expansion. the five prin-
cipal points having about $4,000.
against $4,000 year ago. This makes
a half-week run of approximately
| 10000 against 161 900 a year ago.
Figures show that the much predicted
| increase in supply is not Undertaking..
Excessive weight IS alone finding dis
elimination. Big packing hogs, weigh
I ing $50 pounds and up. are not wanted.
| Usually on an advancing market every
| thing Is popular, but BUYERS are all
side-stepping excessive weight. Prac-
tically nothing big is coming in straight
| loads. but pieces" have to be peddled
and have trouble in getting into the s.
cent notch.
Eleven markets received $4,000 hogs
| Wednesday, against $4,000 week ago.
647O0 year ago and 11e600 two years
!
| days of this week $4,000 against 49,
600 week ago. $4,000 a year ago and
391 900 the corresponding period two
| years ago
| Provision stocks in Chicago showed
! larger than expected. particularly of
lard. There is practically no new pork
here. Lard stocks decreased 5000 tcs
! last month and are nearly double last
| years Short ribs increased $4,000
| pounds last month, and are less than
; half of last years. Total stocks Of
meats are s71s1.oO0 pounds, increasing
| last month nearly 1900 900 pounds in
| December and are practically the same
as a year ago.
Sheep.
The demand for sheep and lambs
was irregular Lambs were steady to
10 cents lower and sheep nearly
steady.
Further opening up Of the gap that
| has recently been so narrow between
shorn and wooded stock values was
trade feature. Several loads of freshly
short fed western lambs were on hand
today and killers wanted them only at
| IS cents to 81 reduction in value from
woolskins of like quality. whereas re-
| cent spread in prices has been but so
|
ty-pound lambs, clipped Tuesday, sold
at IS. Shipper buyers were in the
trade for a few loads Of good lambs.
| Receipts Of sheep at six western
markets Wednesday totaied $4,000,
against $4,000 week ago. Total thus
far this week 100000. against 1900
the like time last week, $4,000 the same
period last year and 100000 the cor
responding three days two years ago
Chicago Livestock.
Chicago, Jan. 5.-Cattle-Estimated
receipts for today 10000. 5 to 10 cents
lower
Beeves ...... 4s5@7oo
iStockers and feeders ....... 37506.8O
COWS and heifers ......... 26006.30
Western 500. ........... 100000
| eXdS S.boWO'OV
HALVES -. -..........s... t.VVVV.Ss
Hogs-Estimated receipts for today
$4,000, slow. mostly 10 cents lower than
yesterdays average
Lixnt $3.50. ..-........... ="