Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-11-22

Chicago, Nov. 22.-Choice steers were
firm. Call was active for heavy ami
mails. but lights found slow sale.
For two days this week receipts
stand $4,000 against $1,000 week ago
and 29.6S7 year ago. while Of the crop
the shippers have taken 10000,
against 1923 week ago and the broad
er shipping demand is about thesonly
salvation of the trade Just now. With
the Thanksgiving holiday approaching
and big beef stocks in local quarters
meeting competition from heavy poul-
try sales. packers are assuming a posi-
ton of independence which does not
auSur we'll for the market In the bal
ance of this week, and a very moderate
supply Of beef steers is going to be
needed. traders declare. in order to
maintain prices at the current range.
There is evidence a-plenty that even
the short arrivals of strictly good to
choice steers are sufficing to AL beef
demands as shown in the Monday ses-
sion. when all the buyers were quite
satisfied with the scant showing OF
difficult sort Of job to get work prices
for the choice grades higher from now
on is a feeling which is gaining ground
among the sellers. and 1t not only ap-
plies with regard to the prime beeves.
but the choice ones as well. Only
scant showing of prime steers will be
marketed between now and the open
ing of the international car lot show,
but consumer demand for toppy beef is
flied from a neager quota of that kind
OF steers since cost is a matter which
stops lot of buying.
However, now that the Bragg steers
are all in. barring those which this
feeder will enter in the car let show.
there is prospect that only few odd
lots of fancy stuff will be here in the
next ten days.
For the plain and medium kinds the
market is still exhibiting a wide price
spread Cattle Of identical grade con-
1inue to sell 40G so cents apart, as evil
denced by the transactions in split con-
signments, but this situation does not
please buyers any more than sellers.
and the whole trade will welcome re-
turn to normal conditions and mar
rowing Of the price spread. which 1t Is
believed will be brought about once the
seasons crop Of fancy beeves Is all In.
Hogs.
Strength was shown in hogs, and
notwithstanding heavy arrivals there
was a cent advance
Hog growers evidently have come to
the conclusion that there is no profit
to be had in carrying nlatured stock
nj juh
possible upturn in prices.
Over $4,000 hogs arrived at Chicago
on Monday, and there were nearly 35.-
600 here for the Tuesday market
This increased marketing indicates a
disposition to cash in now and save
/ high costing feed.
1t is a healthful sign. however, that
, the pig supply is diminishing. Only
I a few thousand pigs arrived last week
and a small percentage OF them were
little fellows. Were cholera striking as
many hog growing sections as was the
/ case a few weeks ago this condition OF
/ marketings would not now be noted.
Sixty-fve to seventy cent corn, with
( hogs at current prices, suggests to
many feeders that it is a good time
10 ship, since the gains hogs will make
|
| and size of the crop hardly indicates
IA pid price rise as probable in the next
few weeks.
| Some months off, however, the effect
of fall liquidation Of the pig crop will
| be decidedly in evidence in supply ig-
ures. Then the country will expect
! the return of the $500 hog, and even
! g higher price.
90 al
markets Tuesday totaled $500, or U.s.
900 more than a week ago. 1880 more
/ than year ago, and $4,000 more
than the corresponding Tuesday two
/ years ago. Chicago received 1000 more
than a week ago. Kansas City had
1000 more than week ago and twice
as many as a year ago. ST. Louis had
5000 more than a week ago and 1850
more than year ago. st. Joseph had
| 1000 more than a year ago. Sioux City
rad 1900 more than week ago and
1000 more than year ago. Eastern
markets each had more than a week
ago and a year ago. Two days total
was $4,000. or 10000 more than the
same period last week $4,000 more
than the like time last year and $1,000
more than the corresponding period
sN' Years "so. loldl ioT i911 " zodse
! 21,6s3,ooo. or $4,000 more. than the
same period 1910 and 100000 more
than the corresponding time 1909.
Sheep.
Sheep and lambs were more active
but prices were higher.
4 The week before Thanksgiving has
in the past invariably bfen a mean
ole in the trade when supply has ap-
preached generous volume, and this
year II is proving about the worst
ever experienced Only a shut down in
supply can pull the market out Of the
low rut into which it hass fallen, and
faith IN the development Of light runs
at this juncture is not generally shared
in.
I
ehieaea ;xa~$aek