Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-01-11
NOT INCLINED TO TAKE HOLD
FREELY AND MARKET IS SLOW
As CONSEQUENCE.
ADVANCE OF CENTS
REGISTERED OVER WEDNESDAY
Cattle Trade Nominal, Receipts Being
light-ko Business in Steer Division
Prices Certain to Fluctuate During
Cold Weather-Shssp and Lambs
Easier-Revie~ Of Market Conditions

inclined to take hold freely and as d
consequence the hog market was slow.
An advance of cents was registered
over yesterday.
AS long as severe cold weather grips
the country there will be an unusual
, situation in the livestock trade. Vol
ume of marketings will be Distinctly
conditional upon the weather. This
was evidenced early this week when
light supplies came to market is re-
suit OF the bad tie-up of cars in the
west, many Of the branch roads refus-
ing to accept consignments.
The situa ton has cleared little
now. however, and the trade behelds a
flood Of porcine saock ia market which
is having terrific effect in reducing
prices.
The situation is badly mixed all
around. and there will need be lot Of
conservative country action in holding
hogs off the market before the effect
Of the big movement in the past two
days car be shown in price reaction.
In Wednesdays market big share
Of the hogs sold 40@5O cents Tower
than at high point last Monday. What
this means in the way of loss to the
shippers the latter well know. and most
anyone else is able to realize at first
glance.
1t is indeed poor time to bull the
market when there are received many
more hogs than the consumptive de-
mand requires, and until the supply
situation balances demand there can
not be permanent Improvement in VAL
ueS.
Cattle.
Cattle trade was nominal there be-
ing no actual trade in steers.
Reaction Of the prices. for bulk of
steers down to last weeks closing basis
still leaves the market in fair shape
considering the generous receipts this
week and their irregular1ty Of arrival
Tuesdays crop following a light Mon
day run could only effect decline be-
cause OF short Tuesday shipping de-
mands, but the fact that buyers could
not get the general list lower again
yesterday in face Of an estimated run
OF $4,000 atrested to a fairly good cold
weather beef demand. Conditions lat
er this week however, Will bear close
watching. Another generous crop is
in sight for today and it is likely
there will be liberal Friday supply
due to the fact that stuff intended for
today's market will be laid out en-
route owing to cold weather Thus the
prospect for a good market today can
hardl. be called rosy.
Run Wednesday made $4,000 for the
three days this week. against 46.521 a
week ago and 52,147 a year ago. while
the six markets total stands III 900,
against 111000 a week ago and 10000
year ago Six markets supply yes
terday at 44500 fel short $500 from
terday a, 44,50O fell short $500 from
a year ago.
AS affecting steer prices the short
run at the outset this week, which was
distinctly a below zero weather supply,
had only temporary influence in boost
ing the market. All the Monday adj
vance and considerable more is shown
to be lost. and still there is country
impulse to liquidate cattle.
The bulge in values last Monday will!
likely be found to have had a bad in
fluence. in that the owners Of medium
and habitat steers are too keen to ship
out on each price rise, and apparently
do not take ready cognizance of the
fact that market quickly reacts on the
first showing of unfavcrable symptoms,
either in supply or demand.
Sharp fluctuations IN cattle and hog
prices will be the rule during the cold
weather periods in the next few weeks,
and the railroads ability 70 cope with
below zero temperatures is generally
recognized as being quite poor
Hence the shipper who would expect
good hauling service on loading out his
consignments HAD best change his
mind, and he will then escape disap-
pointn.ent upon landing at market.
Sheep.
Sheep and lambs closed easier, with
1925 as high for lambs.