Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-12-15
PRICES WEAKEN AFTER EARLY
STRENGTH BECAUSE OF
SLOW BIDDING.
CATTLE FAIL TO GAIN
AFTER RECENT SLUMP
Prices for the Week Closing Lower,
Because Of Recent Heavy Runs
Lambs Steady While Sheep Are
Almost UnsaIabIs-Revisw Of Mar
ket Conditions.

ened today after early strength. Pack
ers were slow to come into the mar
ket.
Total receipts the first four days this
week 125.600. a decrease Of l4.7o0 COM
pared with the same period last geek
and $500 compared with the cores
ponding time a year ago. Spectators
were fairly god buyers. but not as ur-
gent as some days. Shipping demand
was fairly healthy and a good clear
ance was made from first hands. Pigs
were in less urgent request and sales
showed mostly 1sc decline.
There Wee $500 more hogs at eleven
markets yesterday than last Thursday.
or 11l.S0O. which stood 46.s00 larger
than a year ago and $500 larger than
two years ago Total the first four
days this week $4,000, or $4,000 less
than the same time last week. $4,000
more than the like period last year and
$4,000 less than the corresponding time
two years ago. Total for 1911 to date
2s.7o2,O 900. or 5,72s,ooo more than the
same period in 1910 and 2,25s.000 more
than the corresponding time IN 1909
Cattle.
heavy run on Wednesday caused a
sharp decline from which recovery has
not been effected.
The clean $500 cents break from
last Monday for most Of the $500
1.25 steers and full 25G30 cents cut
for a lot Of the s7,3517.75 stuff should
induce some holding back OF such
kinds until there Is steadter situa-
tion at market. High priced corn led
to them should at least pay Its cost,
while sacrificing that class OF steers
on the present market basis only re-
suits in severe losses Of profit to the
feeders That the high cost OF iced
ing is proving severe strain on the
owners Of warmed-up and HABITAT
steers is evident by the big runs OF
such kinds now coming, but altho there
is no GENERAL complaint of bad acting
beef trade, it is significant that con-
tinuance Of heavy supplies IN race OF
the approaching holiday poultry COM
petition will soon have the effect OF
throwing beef trade into badly weak
ened state from which recovery Will
not be quickly noted.
The Wednesday receipts fortunately
fell below estimates. Still there were
close to $4,000 arrivals that day and
adding 800 for the Thursday arrivals.
four days supply this week stood H.
300. against 5s,66s a week ago and TO-
54S a year ago, while at the six western
markets week to date total ts 1l1.O0o,
compared with $4,000 week ago and
1863 900 a year ago. In face OF the big
Increase in receipts, compared with
last week. outward movement OF 2O,70o
shows 5000 decrease. and thus the
crop for packer disposal is considerably
larger and since the biggest percentage
Of it has been common plain and me-
dunn grade it Is these classes which
showed most severe price declines.
One drove Of Christmas beeves av-
eraeing 1543 pounds sold in the Thurs
day trade at ss.s5, against top OF 1885
for fancy 1881 to 1888 pounds Christ
mas beeves late Wednesday. These
were the Runkle and Weeson steers.
and neither lot was sold until near the
close Of the market that day. There
were twenty-five head OF the Runkle
steers and the Weeson drove totaled
seventy-six. This price stood . cents
higher than the previous high spot this
year for load lots, altho at the start
last Monday eleven head OF the fancy
Eacher & Ryan steers sold at 1878.
The fancy beeves making these
raise are thus suffering mop rice cut
ting, altho this week will wind UP the
Christmas demands and the trade Is
looking for sharp drop in top price on
the market. However, it is natural 70
assume that the feeders who have pro-
duced fancy steers for the Christmas
trade have marketed the crop by this
time.
Sheep.
| While lambs were steady sheep were
almost unstable.
| Receipts Thursday were estimated at
$1,000. against 1854 a week ago and
1850 year ago. Total thus far this
week. 12s.700 an increase OF 800 COM
pared with the same period last week
! and 1000 compared with the cores
! ponding time year ago. Six markets
were credit ID with 36.7o0. against 80.
| 800 last Thursday and 2s,3oO a year ego
/ F'cur days supply footed $4,000, OF
/ $4,000 more than the same period last
week. and 5000 more than the cor
/ raconpGip1 tipro last wear