Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-11-25

Chicago, Nov. 25.-Packers hammer
ed the hog market late in the session
today and forced a break Of 10@15
cents.
There were $500 less hogs at eleven
markets Friday than a week ago. but
1900 more than year ago and 100
less than the corresponding Friday two
years ago. or s5 800. Chicago had 1000
less than a week ago and 1000 less
less than a week ago. Omaha had 1900
than year ago. ST. Louis had 1900
than a year ago. Total thus far this
week, $4,000, or $4,000 more than the
same time last week. 246,oo0 more than
like period last year and $4,000 more
than corresponding five days two years
ago Total for 1911 to date. 22.o19. 900.
or 5,So5,oOO more than the same period
1910 and 2,04S,000 more than the cor
responding time 1909.
Cattle.
Cattle We're nominally steady.
Even in face Of the lighter run there
has been no price advancement for
big share of steer marketings-vfz.,
common, plain and medium to pretty
good kinds. These are closing at rates
generally no better than a week ago
and are down on q level close to the
lowest of the season.
Strictly good to choice and prime
grades on the other hand. are 15@25c
higher, but the largest quota OF stun
worth above 1925 has gone only 1sc
better than a week ago.
The same old. Irregular and uneven
deal has been had all week. 1t is be-
coming an old story, but one true. new
ertheless. STUFF Of almost identical
quality has gone at prices wide apart,
some 400 soc discrepancies in selling
rates being noted, and in this regard 1t
has been most unsatisfactory deal for
both sellers and buyers, tho the same
is likely to continue for some weeks
ahead.
This makes 1t a bad situation alike
for the country shipper, since II the
traders at market can not tell within
% q soc Of what a drove Of cattle Is
worth on arrival here, the shipper IL up
against an even more severe PROPOSE
ton in the country.
Demand has been we'll flied from
short supplies. That goes almost with
out saying. since there have been heavy
beef stocks in coolers for some weeks
past, and as the Thanksgiving holiday
approaches poultry and game competi-
ton is cutting wide hole in the beef
outlet. That this is true in the east as
we'll as here Is evidenced by the fact
that a big drove of cattle due to be
shipped east on Thursday was ordered
10 be slaughtered here, since the New
York end Of the house already had
more beef on hand than II could take
care Of. Other eastern concerns which
usually buy with some freedom late In
the week have trimmed down their or
ders to the minimum In the past few
days and the trade Is looking for a
scant volume Of eastern buying all Of
next week.
Dire threats Of price Generalization
for next weeks market were made by
buyers in the event that the run next
Monday and Wednesday shows up even
normal. The country in turn was be-
ing warned by sellers to shut of mar
ketings to small volume. Thanks
giving week. with the beef coolers hold
ing big surplus beef stocks, will be a
bad time to drop big supply Of steers
onto the market. and this applies to the
good to choice as we'll as the medium
and common, tho there would likely be
less damage to kinds worth upward OF
$50 than those Of current value be-
low $500.
run of 1000 to 10000. 1t is figured.
will be all that vii! be needed next
Monday. 1t will be bad policy for lot
of feeders to figure that everybody else
is going to stay at home and thus
make it a good time for them to
sneak in This sort Of reasoning in
the past has often resulted in excessive
holiday week supplies at market and
brought about the inevitable price
slaughterins.
THE way we are fixed right now, II
will take only scant purchases next
Monday and Wednesday to fill our de-
mands.' said the head buyer Of one cf
the big local concerns. land If we get
anything like a liberal run here those
days there will be utter price democrat
| ization.' 1t would be wise for the
country to take this advice as 1t is
given and act accordingly.
| About the only stuff which the beet
trade really needs right now is heavy
good to choice cattle and demand for
| these is small at that. Carrying stuff in
stalk fields and feed yards a week OF
two more will not cost much Of a feed
bill and should help out the price stu
alton at market to considerable ex-
! tent.
Sheep.
! Sheep showed some decline and
lambs were quoted at the lowest point
of the year
Scarcity of extra good to prime lamt
offerings is getting more marked as the
days pass into history. and a wider
range in values will certainly occur
unless less medium and in-betweer
stuff is marketed and more GOOD kindl
show UP. Range season is about Over
and only few struggling ioads Of
Montanas are likely to be received.
Prices OF sheep and lambs are ~
lowest basis in years. and the supplies
are running much larger than curref,
consumpttive demands require.
Killers have put a lot Of the produce
into storage. Just now there IL claime<
to be bad mutton market all over tn,
country. but this does not deter biz
! packer buying at current cheap rates.
The stuff is being bought on a pric.
basis which permits storing II away Il
the chhlrooms to. await a higher futur'
market. and no matter how long tn,
SSrroIaucc:. !s held IN stosage the killer,