Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-01-25
PRICES GENERALLY 5 CENTS
LOWER THAN BEST TIME or
WEDNESDAY.
CATTLE MARKET SLOW, -M
ALL CHANGES At DECLINE.
Season Of Heavy Marketinss Believed
to Be Ovsr-Shssp and Lambs Glow,
With General. Slump in Prices \
Current Quotations. and Review Of
Market Conditions.

Chicago. Jan. 25.-Hogs were gen
orally cents lower than best time of
yesterday. Trade was active at the de-
cline.
Receipts the first half Of this week
| footed l15.50O, an increase Of 1920
compared with the same period last
week and 11.7O0 compared with the
corresponding three days a year, ago.
/ The LAY over" from Tuesday was a.
o19. none of which consisted Of hogs
weighing $50 pounds or better, but
most of which were light and under
weight.
Eleven markets were credited Wed
nesday with 10000 hogs. or Al, 800 less
than last Wednesday, $500 more than
year ago and $500 more than two
years ago. Each market had more than
a week ago. while Chica go and st. Paul
were the only western points that did
not have az many as year ago. Total
thus far this week 100000. or $4,000
less than the same period last week,
$4,000 more than the like time last
year and $4,000 more than the CORE
spending three days two years ago. To-
tai for 1912 to date 100000, or $4,000
more than the same period in 1911. and
$4,000 more than the corresponding
| time in 1910.
Cattle.
Cattle We're slow and where changes
were made they were lower.
Midweek cattle market has light
run. 1t is the direct result Of slaIgh-
! terers' aggressive campaign to smash
prices in recent days. ~
The country can stand Just 50 much
Of that attitude and then comes the re-
volt
II it a good thing, indeed. that the
cattle feeder can quickly recognise
bad situation at market ana change
his shipping plans accordingly. Other
wise there would be further demoraliz-
alton of prices Just now instead OF q
little betterment in conditions com
pared with recent low spot.
1t has been pointed out in this coli
umn only recently that the market was
badly in need of let.up in cattle
liquidation. Dire things were said to
be in store for the price basis unless a
shut on in general receipts be had.
The mid-week supply falls far below
| expected volume. since there were few
In the trade who believed that the
| country would halt shipping operations
| with sudden jerk. still. when the
| shipper who lands here ON . low mar.
ket day and takes big loss goes home
and tells his neighbours Of bad things
he encountered it is indeed discourag-
ing news to them. and the result is they
will not ship. r.
There will be room for all the beef
steers at market and reasonably scod
prices will prevail provided the crop
later this season is marketed with some
view to supplying actual demands as
they arise.
Oversupplying the market, on the
other hand, will only mean recurrence
| OF sharp price declines witnessed IN re-
cert days. 40
Exporters are almost out Of the
running this week owing to the Grip
pied conditions OF livestock carriers
at the seaboard, where general strike
is still in progress among steamship
workers in various lines. Eastern buy
ers, too, were taking things very leis-
urely except such as had orders for a
few cattle Of choice weight and quail
| ity. Light beef il in about as burden
some supply in the east as 1t has been
locally here earlier this week and
wholesale shipping Of short-fed stuff
to get away from high feed cost still
continuing in territory adjacent to the
! eastern markets.
| Arrivals in the west Wednesday
tapered down about as slim as at this
point the total at six markets showing
only 2s,500 head. against 37,700 same
points one week ago and A2,700
one year ago Total for the first half
the week at these markets combined
at 10000 head is only 5000 head over
| the slim marketing for the hrst half
last week and 10000 short Of the supply
at same markets same period last
year.
'dss4s -
Sheep and lambs were: slow, lambs
1926 cents lower and >sheep off 1O015
cents.