Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-01-13

ness To trade. packers at one time be-
ing disposed 10 pay a little more than
! the low spot of yesterday. but the fin
ish was similar 70 that of Thursday.
The demand at present is for bacon
material. Hogs are developing weight
right along and there is no disposition
10 sell light stuff. This is likely to he
more phenomenal as the winter works
along. Bacon demand is good, but the
CONSUMING public seems disposed TO
sidestep hams which are relatively
cheap The public probably favors
bacon because II is scarce and high
priced
Packers say that lard is not n good
actor. that big hams are hard to move
ard that they have all the heavy meats
they care 70 hold at the present prices
Their theory is that the country is bull
fish and ,1isincIiued to sell. consequent
~ weight is being put on and that they
will st a hefty run later. This Is
Keeping them away from the big hogs
at present.
Eighty-four thousand hogs arrived at
eleven markets Thursday. being 5000
less than week ago 2e 600 more than
a year ago and IS 500 less than two
years ago. Chicago and Kansas City
received 10000 less than a week ago
while Buffalo and Pittsburg had $500
more than a week ago. Chicagos run
was 1000 larger than corresponding
Thursday year ago. while Kansas
City increased only 1000. Omaha and
ST. Louis received the same number as
a week ago and 4,300 more than
year ago.
Eleven markets received 43s000 hogs
the first four days Of this week. being
$4,000 more than arrived same period
a week ago. $4,000 more than a year
ago and $4,000 less than two years ago
Cattle.
The cattle market was irregular,
some early sales showing strength es-
pecially where the steers were Of good
quality but the demand was rather
tame. after first buying. and the market
disappointing to sellers: the final hours
trading did not show the frmness Of
the early market. tho most buyers
called values steady with yesterday
A reaction to higher prices, in face
of the moderately liberal supply in
four days this week, totaling 57,10o, a
1000 under a year ago, evidences a
and the shipping outlet especially is
showing some renewed strength. Ship
pers have been the chief factors in
boosting the heavy steers this week.
but the packers have also lifted their
ban on heavy steers and these classes
where strictly good in quality show full
force of the advance now quoted. New
York especially has bought liberal
str Of ~;
Improvement in Kosher demand being
the chief incentive to growth in the
orders, while the same situation locally
has also been a bull factor.
Light stuff. meeting feeder favor, has
held up its end creditably, but the fact
that the cattle of value under SIS have
shown less gain than the higher-priced
grades need not necessarily discredit
their performance, since these classes
We're relatively the highest sellers at
the opening this week. They are still
bringing relatively good figures as
TO s6.5od6.75. Today the feeder men
took out a liberal crop of 900 to 1000
pound steers at a cost of $500 5.s5.
and this broad feeder demand is the
chief stimulus to the very satisfactory
dences that feeders have world of
confidence in the stability Of the flu
ture beef steer market when they pay
prices for feeding cattle which only i
short time ago were quotable for steers
which had eaten plentifully of corn.
The country is long on rough feed and
corn, however, and apparently short on
stuff to feed it to. with the result that
l,n IF ia
causing the prices paid for them to
look considerably out of line as COM
pared with fat beeves. and the trade Is
just now making a few prognostica-
lions regarding the future trend of
beef steer values (providing feeder de-
mand continues broad), that is far
from lending solace TO the killers n
their hopes of breaking down values
again close to the seasons low point.
! Market is not shaping up the way
the killers had looked for. Receipts
are appointment to them. since a
big January movement was expected
in packing circles. That 1t is not fast
materialZing, however, Is we'll shown
in figures for the month thus far. Chi
cago has had only 1850 since the
opening of the year, against 10S.700 a
!
shows a considerable decrease, and
totals at six markets for the month
thus far run 1900 below a year ago.
which, in face of the revival of activ-
ity in beef demand. is more of bull
Ilish than a bear argument.
Prospect for early next week Is not
sized up as favorable to excessive re-
ceipts, altho the late price rise is likely
to have some effect in soaring up
a generous ruin, since Kansas and Ne
braska have good crop Of fa'
lbeeves ready for market, and strength
ening prices are usually q strong in
ducement for feeders in that quarter to
icut loose. Estimates for Monday
ranged at $4,000 to $4,000. but the
trade is becoming q little skeptical OF
heavy estimates. since few Of them
have filed Of late, due in measure
to the railroads inability to get much
Of the stock here on days 1t intended to
arrive.
Il Sheep.
Sheen and laSnt,a hald ON q 6nsiR oi