Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-01-27
Centers.

before the close the market was
stronger.
hogs undoubtedly are worth the
money at prevailing prices. which are
largely q 10 cents lover than q week
ago. Barring hight light. bulk o. saies
"ere at s0.1v 6.35 Tor 210u35o pound
averages.
Chicago was credited with $4,000 Of
the $1,000 hogs reported at eleven mar
kets Friday. The combined total was
1000 smaller than week ago and
: 1900 larger than year ago. Chicago's
total was 5000 larger than a week ago
and 5000 larger than year ago.
Kansas City was credited with 5000,
or 7.ooo less than a week ago and A..
500 more than year ago. Omaha had
$500 less than a week ago and ST.
Louis 900 less than a week ago Chi
cago was practically the only market
showing an increase over a week ago.
The first five days OF this week eleven
! markets received $4,000, or $1,000 less
than week ago and 1875 900 more than
] year ago.
Cattle.
Cattle prices were nominal anG the
market steady.
! y badly diiapidated price situation
exists as compared with a few days
ago. Ever: choice heavy steers Worth
IS and higher are quoted 10d 2oc lowe :
than high point on Wednesday. and a:
least l0c lower than Monday These
are quoted 10c off from the close last
week, while for the ordinary run Of
good 1900 to 1850 Id steers market s
l51 25c lower tan last weeks finish
and some instances of s5c decline have
, been Ghown.
The trade for bulk Of such grades is
4o0 SIC down from high point Wedres-
day Of last week. when there was
fash of urgent general demand which
elevated prices l5@25c above levels
, current early in the same session. Some
of the l300-lb steers which have sold
around s6.15 q us since early Wednee
day. in fact. are quoted 75c lower than
the high time late last week.
The only stuff which has anything
like reliable demand now is 1900 to 1900
and heavier grades. and it is a case 81
one 1500-lb load in several hundred
landing in the yards.
The country is marketing stuff light
ct in weight. Cost to feed il is running
above the selling price at market
There is discoura cement showing on
al sides among feeders who have in
vested heavily in high-cosring corn
and nlany are anxious to unload. but
still liquidating on a market such as
now exists appears poor bushes. Con-
ditione would speedily improve, sellers
argue if given half a chance.
Current decentralization of beef trade
in the east and bad situation locally
could be quickly righted if the supply
we're cut down below actual needs thus
forcing the slaughterers TO draw upon
surplus stocks in coolers to hli their
demands. Once the beef surplus is
moved into consumptive channels there
would be broader general demand and
price res ction. but just now thingsyare
I looking mighty bad, and especially 50
! to the sellers who have caehed 1000 to
/ 1850 ID steers in recent. days at prices
which meant a decline OF s51S per
head in value as compared with ten
( days ago. -
! Such a situation calls for some siren
uous curative means and the special
lists in price diseases prescribe diet
ing spell for the market as the best
method of recuperating the demand.
This weeks receipts stand $500 in
! FIVE DAYS. the largest since the week
ending Dec. l6 last, when 72.746s ar
rived. while showing s.4O0 increase
ever a week ago. and the. run is Ealso
! $500 more than a week ago, while II
the west there haze been received
10000 cattle in tive days agains. 49,
OC0 a week ago and $4,000 a year ago
! 4 generous shipping demand this week
in face Of badly overloaded beef mar
kets in the east has been rather I'M
usual, but it was perhaps fortunate at
that. since bigger net supply for
{ packers meant even worse price break
ing. Shippers have taken25, 200 cate
this week. against 20.025 = week ago.
Wcr6 Of the -ce Decentralization this
week should nave reached the country
in time to have some effect on supply.
next Monday, but that will depend upon
the feeders views regarding the near
F, fature prospects. However, 1t will be a
bad thing indeed for the trade TO get
another liberal run next Mondays A
supply around 10000. or little above
CT below would De we'll appreciated and
anything like generous crop can only
be expected to cause the market to
pound hard on the rocks OF price de
jstruction ~
/ SheGp. s+E
Live mutton prices finished steady.
| While il has been a week Of wide
/ Quotations in prices, the trade showed
only a slightly lower basis than week
ago on any class, and a quotation Of
a steady to 10 cent lower market than
| last week would cover the general sit
uation. Feeding stations near Chicago
are we'll filled with supplies, however.
and 1t has only been by very conserva-
tive doing cut Of supplies this week
that has kept the market from becom-
ing demoralized. as demand has at all
! times been narrow, even on the bobIn-
ing market of last Wednesday, when
light receipts permitted a lot Of, %
cents higher business. Killers a1sert
with all positiveness that dressed NUT
ton markets have been as bad or worse
this week, relative to the cost OF the
stuff on the hoof, that they have ever
Experienced. This was caused by a
congestion Of supplies. following q
period during which many markets
east were hare 81 dresses ..nutsoy, .sstBae
to killers inability to secure reffigera-
tor cars in sufficient numbers At one
I It'd Infs e. n