Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-12-22
DEMAND EQUAL TO SUPPLY, Ar.
RIVALS BEING in MODERATE
NUMBER.
NO CHANGES MARKED UP
IN CATTLE QUOTATIONS
Prices About Like Those Of Thursday
Heavy Steers Show Advance For
Week-Some Strength Apparent in
Sheep and Lambs Divisions-currsnt
Quotations.

were moderate. The top was S6.25.
f, Total supply for the first four days
this week was 10000, an increase Of
21.2o0 compared with the same period
last week. and $4,000 more than the
corresponding time a year ago. Atho
receipts were fairly liberal, as can be
seen by comparison, hogs seem to be
worth the money a present prices, and
packers take them with fair freedom
Bulk Of arrivals sold at a very narrow
range. and very little remained in first
hands at the close.
There were e2,100 hogs at eleven
markets Thursday, or $4,000 less than
last Thursday, 17.1O0 mere than year
ago, and 2a.100 more than two years
ago Total thus far this week $4,000,
or $4,000 more than the same time last
week, $4,000 more than like period
last year, and $4,000 more than the
corresponding four days two years ago
Total for 1911 to date 24397,Oo0, or s.
961.000 more than the same period 1910
and 2,446.0GO more than the cores
ponding time 1909
Cattle.
There was no change in cattle values,
which We're about like yesterday.
Heavy steers were higher for the wee,z
General price basis is thus largely %
G5oc higher than the low spot Wednes-
day of last week, and also that much
above the close last week. 1t is a
market practically as high as the start
last week, but just how long the good
thing will be maintained is a matter
over which the trade is indulging in
much speculation. The heavier the
steers the better they sell, and the trade
is not worrying greatly over prospect
for severe recession in values for the
good to chioce weighty grades. For the
lighter and medium weights, however,
there is grave danger of badly upset
market here next week.
Next Monday will be Christmas toli-
day in the trade but the prospect ia
vors a considerable crop here next
Tuesday. and likewise on Wednesday,
Liquidation fever" is likely to get in
it's work among cattle owners whose
corn pile is not big and who are reluct-
ant to buy more feed at current high
prices, in which event a big lot of the
advance scored in the last two days
must surely be coded back by sellers.
From a supply standpoint the coun-
try has done we'll this week, and
little Of the same conservatism next
week would be mighty good thing for
the price status ar market Four days
run at Chicago stands $1,000. against
1885 a week ago and 50.S56 a year
ago, while of this supply the shippers
have taken within 800 OF as many
cattle as last week. and it has been the
shipping demand which proved strong
stimulus to the sharp ascension Of
prices.
At six markets the total in four days
is 10000 OF this number Chicago
had practically half. and thus the kill
ers have been forced to do a lot Of good
buying, inasmuch as no one is heard
to complain of beef outlet, and the
natural assumption is that it must be
good The week to date supply at six
points stands against 10000 a week
ago and $4,000 year ago.
Sheep.
Sheep and lambs showed some
strength. One lot of choice lambs sold
at $3.50. General top was ss.25.
Chicago, receipts for the week TO
date total only about 10000 head,
against $4,000 for like period last
week and 1854 a year ago. This light
contribution has been responsible for
the weeks Improvement n values.
Compared with the demoralized close
last week, best fat lambs are largely
20 cents righer, in spots more, while in
between to good grades are about 81
cents up and good yearlings show near.
ly as much gain. Matured sheep are
| 25M5O cents higher, wethers getting the
! longer end of the advance.