Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-01-02
TRADE WEARS sArIsFAcroRx
TONE EXCEPT FOR BUTCHER
STUFF,
BETTER AVERAGE MARKET
IN SWINE DIVISION
Best Time Of Tuesday Not Equaisd4
Choice Muttens Steady-currsnt
Quotations At Livestock csntsss and
Review Of Conditions.

Chicago. Jan. 2.-Steer trade was
good today and prices fully as high as
on Monday. Butcher stuff was slight
ly easier
The activity on the opening day of
! the week and year. after the declines
on the bulk OF steers the previous week,
speaks we'll for the immediate futur,
of the trade. tho it is still shrouded in
uncertainty. The storms haves made
it impossible to figure on the receipts
for Wednesday, tho the trend Of the
market yesterday morning was likely
to have the effect of inducing the
country to ship more literally the bal
ance Of the week This is precise
what the sellers did not urge, for they
! believe that a heavy run will Offset the
advantage that was gained yesterday.
1t would seem to be the part Of Wis
dom for the country to limit it's Offer
inss for Tuesday and Wednesday. by
which time there may be better line
on beef steer trade conditions. The
packers have asserted that they were
filed up with beef. tho the eagerness
of their representatives to take hold
yesterday morning would seem to indi-
cate that even with a fair SUPPLY on
hand they did not purpose to permit
light runs to prevent them from keep
ing pace with any probable demand
from the trade.
Hogs.
The swine average was better. The
market. however, was not az good as
a the best time yesterday.
Eleven markets received $4,000 hogs
Monday. against holiday a week ago.
or ls,4o0 more than year ago and 49,
400 more than the corresponding Mon
day two years ago. Kansas City had
1000 more than year ago. st. Louis
was credited with 5000 more than
year ago Buffalo had $4,000 more than
year ago and Pittsburgh received
$500 more than q year ago.
Patrick Cudahy. the Milwaukee
packer. lately visited Chicago and gave
out bearish interview. In part he
said: Prices are too high for botn
hogs and product. I believe 1912 will
be a year OF low prices in our line Of
products. We have accumulated large
stocks OF product already and think
hogs will come right along. and Al
thru the coming summer. England IL
getting stuff from other quarters ard
we are selling little product. The south
has got the blues because Of the low
priced cotton. think stocks OF CUT
meats viii show an increase Of 60,0o0.-
600 lbs during December. and Will in
crease every month until next Sep
TENDER. with the possible exception of
April. 1t is going to be the last year
over again for the packers. Do not
think any of them will make any
money. We are paying about lc
pound too much for the hogs I be-
lieve there VIII be Mondays next s,:m-
mer when We will have 10000 hogs ut
Chicago. That will be in the face If
well filed cellars"
Approximately hogs are now selling
on the basis OF 6l1c H. compared to
Issc year ago and sssc two years
ago" says a provision specialist For
this reason many traders believe prod
uct is worth the money regardless OF
the receipts. Traders have been at A
loss TO explain the strength of the
market in the face of the bearish hog
statistics and are inclined to ascribe
it to the belief that values are on a
fair basis