Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-12-30
scALPERs GENERALLY OUT or
MARKET AFTER FRIDAYS
BAD BUMP.
PRICES OFF GENERALLY
IS AND 20 CENTS
Steers Close Lower for Wssk-eutehsr
Stock Finishes at High Lsvsl-Shssp
and Lambs Highest in Many Weeks
Review Of Market Conditions and
Current Quotations.


who lost heavily on Friday, were gem
orally out of the market. Prices were
5000 cents under Friday.
Dealers are generally counting on
big runs all over the west early next
week and this feature had its effect in
weakening the market. Prevailing
prices are still 10 cents higher than a
week ago.
Eleven markets received 1o1, 900 hogs
Friday, being 10000 more than arrived
Friday of last week and $4,000 more
than corresponding day year ago.
Chicago alone had 5000 more than a
week ago and $4,000 more than a year
ago. Omaha, st. Joseph. Indianapolis
and ST. Louis showed good gains over
a year ago. Combined receipts at eiev-
en- points for the week thus far at 354,-
600 decreased $4,000 compared with a
week ago and decreased $4,000 COM
pared with year ago.
Cattle.
Steers are lower for the week. But
cher stock closed on its highest level.
For the bulk Of the common. plain
and medium to good steers the market
is winding up the year on a basis 15@
25 cents lower than shown late last
week and a 25940 cent decline covers
the bulk of selling in recent days as
measured against the prices in force
on Wednesday of last week. This de-
cline in face of the smaller receipts. this
week totaling 44,1OO. has demonstrated
beef trade conditions to be quiet all
around, and those in the trade who last
week gave out lot of bullish dope"
anent the prospects for very strong
close in the years market have had
considerable disappointment over the
failure of their predictions to cone
true
Weight and quality have been the es-
sential factors contributing to the good
demand which has been shown this
week. All the buyers were after 1900
pound and heavier beeyes, and they
found mighty few Of them in the runs.
It has been the shortest weeks supply
of heavy steers in months past, and this
turn in the supply situation clearly ma
terializes the predictions Of a few weeks
ago to the effect that the last days OF
1911 would likely show a severe shrink
age in the crop Of we'll finished beeves.
Thousands Of immature 100 to 1850
r,,urru- -vev1s nave been 1Ierr TINS ,ves7e.
driven nlarketward by the high cos. Of
feed. These kinds have gone sharply
lower. mainly because they were the
steers least wanted by killers whose
beef sales have been quite moderate all
along the line. It was also a short ship
ping demand for such classes, shippers
taking 13. 500 less cattle than last week.
Even some Of the heavy steers, how
ever, went lower, sales Of that kind Oh
Wednesday being down as mucn as Is
a 25 cents lower than levels paid a
week previous, tho the trade Is not
worrying much over prospects for these
kinds in the early weeks Of the new
year, feeling confident that shortage in
the supplies of long fed steers will eff
feet right good prices for those kinds.
Market for the heavy choice grade
beeves is showing basis mostly $1.oD
q $50 higher than was made in the
first weeks of 1911. while the oulk Of
the current business IN all grades OF
beef steers within range of $3.50 PISS
compares with $3.50 @6.75 in the first
few weeks of this year, average price
being more than so cents higher than
the first week of last January.
/, A moderate dose Of supplies will he
needed here next Monday, New Year 8
Day" Market will be open for busi-
mes, as usual, but there will be a ho]i-
day in killers plants ana on this ac-
count the demand from packers is Tx :
/ ~ to be curbed to some extent. Essi-
mtaes for next Mondays run range at
20, 900 to $4,000, but a good start in the
new years business can hardly be ex-
pected with anything like generous
supply at hand the first day. since beef
trade will need some stimulous Of broad
consumptive demand before killer and
shipper demand will grow materially.
A year ago next Moneay the receipts
! wore a4,411 head.
Sheep.
Sheep and lambs closed highest in
many weeks.