Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-01-19
MARKET SOON TURNED WEAKER
AFTER STEADY OPENING,
PRICES 5 OFF.
TOP OF So. 10 EARLY
BUT S. AN AVERAGE
Cattle Market Started Slow, Butcher
Stuff Was Nearly Steady 5ut Steers
Showed Weaker Tone-Prices 10 to
Is Under Last Weeks Close Best
Lambs and Sheep Strong.


steady 10 shade stronger but the
strong tone did rot last. TIE market
soon turned weaker. and prices dropped
) cents. \ top 0: $50 was paid early,
several loa dS going a, thai figure, but
after the first trades $500 was the
quotation. with packers striving ~ cut
it TO $500 Later they paid as high a 5
sSo5 for choice butcher weights, bu.
bought mos- of their supplies al $500
ard under.
Packers have been compelled 10 So.-
low the advance and advertise
their needs by cleaning up er-
a-ything but penholders. Fresh sup
PIX Of 10000 "Wednesday on that basis
week run OF about so nGo. or $4,000 less
ceedsd their last weeks purchases leav-
i-g a short contingent for local pack
e-s Nor was there anything bearish
aoou, western supply The five princi-
pa markets had around $1,000. against
5000 last week and practically the
same number a year a go. making a half
week run these points Of about IT,
o0o against 22a. 600 last week and 11s.-
d9e q wear ago. These figures are not
furnishing material for a bear cam
raign or aHording el2cou-a cement
;rher to packers or hear dopesters in
:ila pit. While It IS admitted hat mod
crate receipts Will be necessary 10 price
maintenance in view of the general
hAar;sh attitude O. packers and pit
traders where Z series of heavy runs
necessary 70 smash prices is com ing
from IS pIzzltng market talent.
SO far as current hog supply IS con-
cerred. They are getting per cent
more weight thar a year ago. bu, the
run IS wcefully deficient On Monday
Armour was able to buy only about
. poo Of the local supply ard an effort
OF his part to secure more would have
caused boom. This week ought to
develop seasonable run, but a search
warrant would rot locate t. That the
big crop packers have talked so volub-
y about was not grown is now becon-
ing evident. Cholera has decimated the
r. nks Of the new crop. young sov.s are
, being held hack for reproduction pur-
poses and the hogs that will rot show
uD al western markets this winter will
figure conspicuousiy in the statistics
small killers are voracious and Pack
! ingtown IS getting the small end or the
] crop. Packers may fight the ma rket,
hut that does not get them any hogs
+. Cattle.
Cattle opened slow. Butcher stuff
was nearly steady bu. steers showed a
weaker tone. Prices were about loQl5
cents lower than last weeks close.
! Arrival Of 1880 head brough, the
receipts for :hree days this week 70
$500 head. gainsc 52,1i7 head week
+ ago ard 3e.e23 head a year ago. Six
western markets we're heavily supplied
me CON bined tota! for the day being
.l.Too head. against 200 a week ago
and year ago. Tota! al six points for
-aree days vas 147 900. against l31 900
q week ago and 1873 600 a year ago.
Wednesday receipts included a large
proportion OF good -ruaiity heavy steers
which sold a, $50 4 $50. and a fairly
liberal supply Of the choice heavy and
yeari7g grades which made So a. $50
/ One drove Of fancy 1so0-lb offerings
reached sT.05. which stood as the SECOND
+ highest price paid for b=eves in the
+ market hera 50 far this year Fair 70
! good fed steers avera ging 1850 20 1850
I lbs cleared az s5.85 1s.15. with the
Ia =! weight. sho-t-fed and warmed :
up offerings AZ 1915 Il 500. Plain ana
medium handy and heavyweight steers
cleared al $500 5.75. and a clearance
! Of IN. plain light and common rough
grades was made A. $500 and lower.
/ Sheep.
| Lambs were weak and sheep lower
I The best lambs offered sold early a.
+ 1925. but the choice quality held at
I 500 Sheer reached $40. but this was
an outside figure. and good wethers
could De bought a. s4.25
! Receipts OF sheep at six western
markets Wednesday totaled $4,000. an
Increase Of 900 compared with week
ago. 1900 compared with a year ago
and 1900 compared with correspond
ing Wednesday two years ago. Total
thus far this week 154 1000, a decrea Sc
II 1000 compared with the same time
last week. an increase Of $4,000 COM
Jared with like period last year and
$1,000 compared with the correspond-
ing 1hrea days two years ago
Pest western wethers landed at s4s5
and other were obtained at s4.15G4.so
bulk around $3.50. while seconds land
Cd at 1915. Ewes reached 1870 ard
$500 425 bought others, and culfs
sold downward from $3.50. Yearlinys