Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-01-29
TRADE SLOW BUT VALUES FAIL
TO YIELD TO oNsLAuaHrs or
PACKERS. h.
ENORMOUS RECEIPTS OF HOGS
CAUSE SLIGHT RECESSION,
Early Market Down 10 Cents Compared
to Saturday, But Market Shows Gain
at cIose-Lambs Suffer Declines Of
10 to 20 Cents, With Top at $s75-
Current Quotations.

Chicago. Jan. 29.-Steer trade was
slow today but prices held generally
steady, altho receipts were estimated at
$500. -
Last week Chicago had, more cattle
than for over a month past The total
was $4,000. against 57.41s, the previous
week and 1882 year ago, and the
only salvation from much worse price
tumbling was quite decent shipper
demand. which provided outlet for 81
500 cattle, against 2o.73s last week and
32.763 a year ago. At the six markets
there were received 1914 cattle in
the week, against 10000 the previous
week and 16S,600 a year ago, the west
having run comparatively light COM
pared with generous marketings here.
Another week Of such supplies as
Chicago had last week can only mean
further price Generalization, and since
there are lot Of steers now worth 600
75c less than the high day Of theepast
month. it would appear about time to
call a halt on liquidation and give the
demand an opportunity to catch up
with supply.
Beef coolers are holding generous
lively high price and killers are forced
to tax the butchers stiff price for 1t.
Consumers. on the other hand. sare
fighting shy Of beef to great extent,
and the producer feels the brunt IT the
bearish spell.
AS regards quality. 1t is distressed
looking lot OF marketings these days.
Thick, fat 15O0-lb and heavier steers
are SO scarce as TO be quite novelty.
They command relatively high prices
because they are worth to the killers
every dollar they cost Such kinds are
the only first class killing steers
slaushterers are getting now. Prac-
tically all the 100 to 400 ID steers are
making a rather small percentage OF
beef. since they are Of the loose sort,
not having had corn enough to make
their condition really good. The crop
of 14Oo-lb grades, too, is very short,
and. In fact, 1t is, more or less difficult
to find right good 12o0-lb kinds.
Big end Of the crop is running to
1000 to 1850 lib weights, common, and
medium in grade, and liberal quota
Of the 1OOO-lb steers are kinds which
are better suited to feeder than packer
needs.
Hogs.
Hog values closed better, tho the
early market was 10 cents lower than
on Saturday.
Receipts of hogs at Chicago stock
wards last week totaled $4,000. or "a
700 more than the previous week, $500
more than the same week a year ago
and ss. 200 more than the corresponding
week two years ago. Grand average
Of the corresponding weeks OF the past
eleven years was 1873.
Estimated average weight Of hogs at
Chicago last week was 213 lbs. or ID
heavier than the previous week. IS lbs
lighter than year ago, and 2 lbs. heav-
Ter than two years ago. Grand average
of the corresponding weeks Of the past
eleven years figured PA lbs.
Average price Of hogs for the week
at Chicago figured 1923, or &c lower
than the previous week, $1.51 lower
than the same week last year and @20S
lower than the corresponding week IN
1910 Average Of the corresponding
weeks Of the past eleven years was
$6.Os
Despite the local increase in hog re-
ceipts the total at eleven markets fell
down to $4,000, or 73,0oet1e than the
previous week. but was $4,000 larger
than the same week a year ago and In
creased 26S,oGo, compared with; tw o
years ago. Grand average Of the. cor
responding weeks OF the past dosen
years was 5O4,o0o. Total for 1912 to
date 2,714,Oo0, or So, 900 more than the
same time in 1911, $4,000 more tilan
the like period in 1910. and 100000 more
than the corresponding time in 1908.
The four-year average was 2,22s, 600.
! Sheep.
Lambs suffered declines Of 10 and 20
cents. The top was 1915.