Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-01-02
kio 9EssloNs OF GRAIN BOARD
AND NO TRADING At STOCK
YARDS.
lMEEk OF LIGHT RECEIPTS
IN HOGS AND CATTLE
Cattle Traders Fear Effects Of Heavy
Run This Wssk - Rush to Market
peohabls Because of Recent Ad.
vanes,-Hoa Market Closes Year in
Satisfactory Condition.

Chicsxo. Jan. 2.-There was no ses-
sion Of the grain board today, and no
trading at the stock yards, because OF
the New Years day being generally OBJ
served today. Livestock shipments for
the Chicago market are being greatly
delayod by the prevailing blizzard. but
IN accumulation is anticipated Tues
day. and price recessions are feared as
q natural result.
Last Weeks Cattle Trade.
A week Of light receipts. totaling only
90, 100. against 53,7os the previous week
and e0,533 a year ago, has proven
strong recuperative tonic. but there is
fear that the opening Of the new year
VII bring out big run of habitat and
medium steers as result Of recent price
awaiting performances, and that part Of
the bloom at least will be effaced.
Market has gone up in face Of bear
Ash beef trade reports, but these have
been so frequent this season that the
trade Is giving them little attention
Beef market may be as the killers
claim, but that doesn't seem to stem
their anxiety to buy on short runs. The
packers argue, however, that it costs
them Just as much to run their plants
without cattle as with them, and that
they must have stuff to kill even tho
the beef has to be placed in coolers to
await belated demand.
Shippers activity was surprising
They took over half the receipts, altho
demand from this quarter on Monday
did not come up to expectancy and
called forth some severe critisism
from sellers but the shippers got go
ing good on Wednesday and the falling
of in supply from the estimate that
day resulted in numerous orders going
over for Thursday and Friday. Nu-
merous orders went unified, but they
can easily be coun fernandez early next
week in event that prices Go not work
lower, and It will require some cautious
country shipper jockeying of supplies.
the trade believes, II market is to hold
current better levels.
A big share Of last weeks supply
sold at $685. @6.35, comprising medium
to good 1900 to 1850 pound steers and a
fair quota OF fat 400 to 1900 pound
steers along with some fat 1850 pound
0tnun was put over at s6.40@6.75, while
prime 1887 pound beeves topped the
> market at $500. Big Fights have been
getting much better action in the last
week than earlier in the month and be-
lief is gaining that these will continue
10 come into their own. On the other
hand yearling stuff has been scarce and
not much wanted. Few yearlings went
above $3.50 this week and kinds at the
latter price were worth a lot more
money when Christmas orders were on
the buyers hooks.
f2r1lk ~ cd al 70
good killers landed last week at 5000
E.70. while the packers found feeder
4 competition pretty hot in the trade for
the 35.00@5.40 stuff and got only a
rather short quota of this, altho they
had fairly good sailing in the deal for
trashy light steers Of value down to
t4.5o@4.s5.
"A year ago at the close market was
.,0n q S7.50@s.50 basis for choice to
Iprime steers and bulk of business was
at $5.40@ 700. Last January and Feb
.1uafy marked a steady improvement
In the prices and there is just enough
ebu1ush impulse gripping the trade right
NOW to make predictions of a good Jan
mary market seem fairly conservative
In event that the corn belt is not visited
with too many severe storms, which
Twin drive out a lot Of cattle on feed in
sections where shelter is scarce.
Hogs.
Supply continues unseasonably light
and shippers are taking a large per-
4 rentage OF the crop. Local receipts
a1e about 10000 for the week, or
$4,000 less than last week, while ship
Def1 have taken about 5000, or fully
- many as last week. leaving few to
packers.
the dve western markets report only
+ $4,000 for the week, against 2S5.O00
{ 1ASt week and 225,000 a year ago when
{ no holiday cut out Saturdays run
Quality has been the best of the
season, and the bulk of arrivals has
sold ut a narrow range of cents.
Pigs have been scarce and done the
: housekeeping stunt
The market is closing the year some
what lower than a year ago when
4 98.250S.40 took the bulk and an 1855
top was made, but at that time the
spread was much wider.
Highest and lowest prices of hog
products as dealt in on the Chicago
q board Of trade during 1910 show that
& top prices Of pork were reached July
u. when the cash article sold at s27
per barrel. The lowest point was in
November and December, when it
reached ST per barrel. The highest
Drice of the preceding year was s24.25
IN October and the lowest was s16.25 in
4 1anuary. Cash lard reached it's high
ct point at $14.65 on March 8 last,
ard the lowest Of 1910 Nov. 80. The
\ highest for 1909 was $3.50 in Novem-
4 Der and the lowest $40 in January.
+ Ribs were at the high mark of $685.
March and the low for the year was
1 - On Nov. 80. The highest, for 1909
n 49, 313.37h in March and the lowest
s; ta1 47.e7h in January.
Average weight of hogs at Chica go
~ week was estimated at 224 lbs, the
~ the previous two weeks and
~ oGnpa1ed with 210 lbs. the same week
ESnat year and 206 lbs. the corresponds
Hn4 week two years ago. There were
- eth0 weeks, barring the last three
gear .hat had an avera ge
seka lighter since the last week OF
Sheep.
TF2sH - light yearlings are worth VI
~, and fat eighty FIVE pound
ol such weights will sell mucf
1teAAily at the price than viii
ninety-pound lambs at the
0gu9A. Choice. strong weigh