Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-11-25
PACKERS REFUSE 70
BID At ADVANCE.
FORCE VALUES OF HOGS TO
LOWER LEVELS COMPARED
TO MONDAY.
CATTLE OWNERS HOLD
OUT FOR STEADY PRICES
With Moderate Receipts Sellers Refuse
to Make Concessions - Sheep and
Lambs in Good Demand-Review Of
Market conditions-current Quota
tons at Livestock Centers.

chicago, Nov. 20. - Lower values
ruled today in the hog market. Pack
ers refused to bid at yesterdays ad-
vance.
Receipts at $4,000 Monday were
many thousands less than looked for
Days arrivals were H. 700 less than a
week ago. $500 less than a year ago
and 11,4O0 less than same day two
years ago. Despite the light receipts,
as compared with a week, year and
two years ago. packers We're able to
take off on hogs after selling higher at
the start. There Were 4,S15 hogs held
over from Saturday
Eleven markets received 112 300 hogs
Monday. or $500 less than last Mon
day, 10000 less than a year ago and
1890 less than two years ago. All
western markets but Chicago had nor
NAL supplies. but the local market
showed big decrease, as did most
eastern markets. Total for 1919 to date
21,97s.000, or 253,000 more than same
period 1912, and $4,000 less than cor
responding time 1911.
Cattle.
Cattle owners held out for steady
prices.
Closing trade Monday was in mean
shape-a weak and unreliable demand
prevailing all along the line, and many
late sales showed last weeks prices.
Many plain to good big steers failed 70
go materially higher. There were nu-
merous OF these carried from last week
and killers plainly showed their aver
sion to that kind by refusing to bid
for bulk Of them until the crop of good
light and handy grades was well
cleared.
Everybody demanded $50 csc ad-
vance from the start, and some asking
prices were even more above rates
paid late last week, sellers feeling Sc
cure in their position because of the
light run both locally and In the west
Still, killers reported big beef stocks
On hand here as well as in the east.
and asserted that beef trade was al
most stagnant. The head OF a local
house declared that it is not a question
OF price Of beef, but rather one of
finding buyers for the stuff on hand.
Thus with the beef trade in such a
demoralized condition, it was only log
ical that strong price advances, which
light run should have made. could
not be ma terialized.
Thursday the market will be closed
in observance OF Thanksgiving. and
the trade will need a short Wednes.
day crop, since no killing Will be done
on Thursday. Beef is meeting season.
able competition from poultry. and
with warm weather prevailing all over
the country the trade is prospective OF
poor demand until temperatures take
a decided drop.
Chicago run Monday stood against
27,232 week ago and 1868 year
ago, while at the six markets there
were 44,5o0 cattle. against 10000 a
week ago and SO 100 year ago.
Sheep.
Sheep and lambs We're in good de-
mand.
Feeder supplies met a continuance OF
the strong country demand that fea-
tured this branch Of the trade last
week. Feeding lambs were mostly Of
light class. mostly from Wyoming
and Montana, with a few cars from
Utah. Some little forty-two pound stuff
sold at $3.50. Several loads OF warmed
I'D westerns in merely feeder flesh were
back, and best of these were held up
to $500, with a prospect Of reaching
s675d6s5 A good class OF feeding
ewes sold at 1855, feeding wethers,
which were scarce found country In
quiry as high as $3.50 a 40 and the
right kind Of light feeding yearlings
was quotable up to $500 565.