Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-01-20
POOR DEMAND FROM PACKERS
AND KILLERS HAD LIBERAL
RECEIPTS. en-
CATTLE MARKET wEAkENs
COMPARED TO WEEK AGO
Bulk Of Steers Selling on Lower Basis
- Erratic Marks. During Entire
Week, Because Of Uncertainty Of
Moving Stock rrains-esst Lambs
Sell at About Steady Prices.

Chicago. Jan. 20.-Hogs were on a
lower level today. Packers demand
was poor and killers had liberal direct
receipts.
! Receipts Of hogs at Missouri river
! points Friday increased heavily COM
! pared with week ago, while Chicdgc's
total showed no change. and eastern
! points all decreased compared with ar
/ rivals week ago. Fridays rum al
| eleven markets totaled l1S.500. being
F! 1000 more than a week ago and 27.50e
more than year ago. Chicaso's tota.
at $1,000 was same as a week ago and
1900 less than a year ago. KANSAS
| City had $500 less than q week ago
and 5000 more than a year ago. Oma-
| had had $500 more than a week ago
and 1000 more than year ago. Sioux
City received 1000 more than a week
ago and $500 more than a year ago.
| Buffalo had $500 less than a week ago
| and $500 more than year ago. Com
! bined receipts at eleven points first
five days OF this week $4,000, being
80 900 more than a week ago and $685.
900 more than a year ago.
Cattle.
The cattle market weakened and
bulk of steers were lower than at the
close last week.
This week it has been one Of the
most uneven markets In months past.
Demand conditions changed almost
with the shifting Of the hands OF the
clock. One hour there would be
good demand in one section OF the
yards. and in another It would be
sluggish general call with the bids
lower. Cattle Of almost identical grade
nave sold at wide variance In price and
there has been loud complaint on the
buyers part that stuff made bad kill
/ ing weight because OF the cold
weather and the fact that many Of the
arrivals got here a day behind schedule
and We're in mean killing condition.
! Decline late Thursday and again
Friday eliminated the upshoot In the
market late in the Wednesday session.
with the early selling last Wednesday
and no better than the close last Mon.
day.
A general decline Of 1925 cents was
thus in force compared with early Lass
Monday as Far as most grades were
concerned. Measured up with week
ago the market now shows 1905
cents decline for the medium steers Of
value at $s.50@7, while pretty good
weight kinds OF value at $7.159S are
holding right up to last weeks level.
and the choice heavy kinds showed a
! firm basis but scarcity Of these classes
in recent weeks has held them in con-
tinued strong price position and the
well defined scarcity Of choice grades
for weeks ahead gives the trade no
reason to worry over probable prices
for the high grade cattle az long as
the consumptive demand remains in
anything like good condition.
/ Packers and few Of the shippers
have put up pretty good demand for
the light and plain and common steers
in recent days, and, too. the feeder call
for them has been rather good. this
generous outlet effecting a price basis
practically as good as shown q week
ago.
Supply prospect for next week has
changed. The railroad reports are to
the effect that station agents are dis
courag ing car orders for the reason
that traffic conditions are nowhere near
good. Many feeders who have ordered
cars in the past two weeks have been
unable to get them and the recurrence
of low tenpera lures Is likely TO have
the effect OF checking a generous
movement into the market early next
week, in which event some price Arm
ness should be had. The trade was
greatly puzzled over the supply indica-
lions. On Thursday, when the weather
west was reported more favorable.
there was indication Of $4,000 to 10000
cattle landed here next Monday, but to-
day most Of the guesses were cut to
$4,000, and there was lot Of expect
ancy that continued cold over Sunday
would have the effect Of cutting next
Mondays receipts to $4,000 to $4,000.
but in this event a lot Of stun started
on the road for the Monday market
will likely get here q day or two late
and swell midweek receipts to vol
ume considerably above demands.
1t is a situation which demands con-
sentative shipping and feeders who are
in shape to keep stun at home and put
on weight would seem TO be following
doing SO.
Sheep.
A few loads OF best lambs and yearl-
ings sold at about steady prices.
Most traders are anticipating an
early recovery from the disastrous
Thursday decline which put values on
n basis 40a50 cents lower on lambs and
largely % cents lower on sheep than
at the close last week. but the market
will need to be nursed along early next
week by shippers in order to restore
quickly its lost bloom
Chicago Livestock.
Chicago, Jan. 0-Cattle-Estimated
receipts for today, 1900; market
: opened weak.
{ Beeves ............. 4.ss9s.so
! Texas steers .............. 4.5005.so
Western steers ............ 4.s0@725
e stockers and feeders $50. 3.75@6.0t
Cows and heifers ......... 2.25@s.7d
Calves :. .................. 6.50@9.7s
Hogs-Estimated receipts for today