Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-10-24
DEMAND FOR HOGS
AGAIN TURNS WEAK
BUYS FAIL TO MANIFEST INTER.
EST IN LIMITED NUMBER
OFFERED.
LESSENlNG RECEIPTS
HOLD CATTLE FIRM
Prices for Cent Kinds Now Materially
Higher Than One Week Ase-Ad.
vance Without Apparent Cause
Steep and Lamb Offerings Readily
Taken-Review Of Conditions.

demand for hogs today.
Receipts were estimated Thursday at
1000. but cut later to 1900. During
the first four days this week a total of
104,100 hogs have been marketed at
ChicSso, being a decrease of $500 from
500 from two years ago. There were
$3.50 hogs over from Wednesday.
Eleven markets received 61.100 hogs
Thursday, or 2S,10O less than last
Thursday. 1900 less than year ago
and 21.200 less than two years ago.
Total four days this week $4,000. or
5000 less than same period last week.
$4,000 more than like time last year
and $1,000 less than corresponding four
days two years ago. Total for 1913 to
date 19,542,000, or $4,000 less than
same period 1912 and $4,000 more than
corresponding time 1911.
Cattle.
Small arrivals of cattle held prices
firm.
Eight-cent stuff now is fully CSC up
and the size kind shows % Csc ad-
vance. What brought 1t about is a
question which the trade can answer
no more readily than a week ago, when
the conditions were reversed. That the
kosher Jewish holiday bearish influence
is gone Of course partly explains the
better situation, but deep down in the
minds OF many traders the impression
prevails that last weeks performances
by killers. when they simply did not
want stuff unless It could be bought
at ridiculously low rates, was most
inconsistent attitude. which SUISSE
quent proceedings have gone to show
up as bad policy.
Beef at wholesale went down just
little last week and it cost on the hoof
several dollars per head cheaper than
the week before. Now there is reaction
in hoof costs to basis close up to the
high point early in October. Last weeks
purchases, as a result OF their cheap
cost and relatively high sale in the
beef, thus netted the killers profit
which was inconsistency large. That
they will not have another series OF
markets when the same advantages
will be open to them is belief among
traders. The country needed only such
a lesson as was given last week to put
firner grip on supply conditions.
| There are not too many cattle OF any
class to spoil the market, and a con-
servative policy in shipping them can
hardly afford killers opportunity to
again hammer values to any great ex-
| tent in the next few weeks.
Short-fed stuff naturally will come
more freely from now on. and a wide
spread in the prices compared with
choice finished goods seems logical.
Bad weather will drive out lot OF
cattle from quarters where facilities
for carrying them are not the BEST
hrt lower temperature will be calcu-
| lated to help the beef demand. and at
retail costs anywhere near reasonable
in relation to hoof costs, the consumer
demand should grow rather than mar
row.
| That the trade can use fair slzeo
steer run next week seems probable,
| but the violent reaction in prices thls
week should not induce feeders to cut
iroose with a rush The market can
! easily be switched back in badly de-
pressed condition, and it is up 10 the
man in the country to use ilttle ois-
erection in shipping.
Sheep.
| sheen and lambs were steadily taken
Annroximately two thirds OF the
! s,,nnlv was of feeder class. feeoei
BUYERS put up a good demand for sooo
kinds clearing such grades at STEADY
levels and best feeding lambs ana
wethers sold about as high as week
ago steady with Wednesday, but niue
light lambs were as hard to sell as
ever and most of the medium to sooo
feeder lambs weighing under fifty-hVe
/ mounds are % cents lower than "eeh
ago. common "pee-wee" stuff frequent L
~ showing 30 cents and more loss
from last week, and most everything
in the feeding eve line being 20 cents
under a week ago.