Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-10-28

Chicago. Oct. 2S.-Buyers today were
not active and holders prevented any
decline in hogs.
While Mondays top was Is cents
lower than week ago the average -t
sS.0l was only cent lower than a
week ago, but 40 cents lower than two
weeks ago when the average was SSH
and the top $3.50.
Eleven markets received 100000 hogs
Monday, or 5000 less than the previous
Monday, $500 less than a year ago and
100 less than two years age. Chicago
fell down hardest, while Pittsburg n
held up best. Total for 1918 TO date.
1a,75s,000, or 1000 less than same
period 1912 and $4,000 more than cor
responding time 1911.
Packers are doing just as they please
with the hog market Reactions are
temporary and prices trend steadily
downward. 1t is claimed that live hogs
are still above a product parity. but
manipulation Of pit prices are every
bodys secret. The country is still
liquidating hogs and as current supply
| Is usually in excess of fresh meat de-
, mand packers have only to dictate
terms to the selling side. An impress
sion exists that the slump will be
checked whenever the market reaches
a $500 500 basis, and that time is not
far away.
Cattle.
No advance in cattle prices took
place.
First guess on Mondays run was 81
600, and it was quickly raised to $4,000,
later to $1,000, and at noon It ap-
peared there would be 1926 cars of
cattle. which made 1t sure that total
run would stand close to $4,000. This
crop was against general expectancy
last Saturday for around $1,000 and not
more than $4,000 cattle. It compared
with 1882 a week ago and 24.507 a
year ago. West 1t was a moderate run,
but eastern markets had some generous
receipts, ard at Buffalo lot OF Can
adams came over the line. but they
were largely stockers. Locally there
were included 5000 rangers. among
them train from Alberta, and alto
gether about 1000 Canadians were here
including direct COW stuff to the pack
ers. Total run at six markets was
$4,000. against $4,000 a week ago and
! had the excess as shown against a
week ago.
What brought about the deluge?
Why, speedy advance last week, to-
gether with the desire on part Of a lot
of feeders to cash in before cold
weather is at hand. Too there were q
| lot of weighty steers which have been
ready TO come for two weeks past, but
| were held because Of the absence OF
kosher demand With kosher call fairly
broad again, however, the supply
proved too big and down went the
| prices.
That conditions will not be better
later this week would seem a good
guess, since there were many cattle
! carried over at the close Of Monday
market, and If the country resolves to
( ship freely again for the midweek
trade some new price cuts will be GER
tain to follow.
| Packers like the going. 1t is fine
business for them. They put up the
prices on a moderate run last week anu
are enabled to put them down In
/ hurry now because the country re-
/ sponded too literally with supplies. 1,
/ means a big saving in cost for beef
stfSpIies and no appreciate reduction
| is likely to follow in wholesale beef
/ prices.
| Sheep.
Choice lambs and sheep found fall
outlet
AS expected the bulge In fat lamb
values last week attracted neaVy
supply Of native stock at the opening
/ this week and a fair sprinklng OF FED
westerns. Close to 325 carloads, all
told were unloaded at the receiving
docks of which about lS5 double-decks
+! were from the range, while close to
! $50 loads of natives and fed westerns
were yarded and late estimates placed
the total crop at around 10000 head
the largest run by nearly 5000 head OF
tbs. season. Leading western markets
were also we'll supplied and the six
point total was larger than either a
week or year ago today. Omaha
receipts We're pasted early at only TO-
500 head. but later advices reported the
crop there at around 10000, and Kan
sas City wired 21.0o0. Buffalo reported
seventy-fve cars and a 1925 limi,
| there on fat lambs was depressing
| factor.