Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-10-15
OFFERINGS HEAVY,
BUYERS HOLD OFF
TACTICS OF BIDDERS RESULT IN
LOWER PRICES FOR LIVE
HOGS.
ARRIVALS OF CATTLE
EXCEED EXPECTATION
UNLOCKED For Run Brings About Low.
er Prices For All Except Primes =
Argentina Beef Imports Cutting De-
mand For Cheaper Grades-Supplies
Of Sheep and Lambs Exceed Needs.

market, and resulted in lower prices.
Receipts were main factor in bearing
hog prices Tuesday. Run was esti-
mated at $1,000, being more than gen
orally expected. and fairly heavy IN
size for this time of the year. Tuesday
receipts, along with 1882 followers
from Monday. made a good number on
sale. Mondays official run was 1928,
or more than the highest estimates that
day. In two days this week Chicago
mas received $500 hogs, or 14,100 less
than a week ago, $500 more than
year ago and 2,400 less than market
ings for same days two years ago.
Eleven markets received $4,000 hogs
Tuesday, or 1900 more than last Tues
day, $500 more than year ago ana
1880 less than two years ago. lotal
thus far this week $4,000. or 2l,ooo
less than same period last week, 12,ooo
more than like time last year ana To-
900 less than corresponding two days
two years ago. Total for 1913 to date
lS.s12O00, or 23s,000 less than same
period 1912 and 245,000 more than cor
responding time 1911.
Cattle.
Arrivals Of cattle were far in excess
of what had been looked for.
, Argentine beef imports are having
effect in cutting the demand which the
trade was led to believe a few months
ago would not materialize. There was
the cry Of world beef shortage" Inc
claim was made that Argentina coulo
not turn the trick OF lowering beef de-
mand here very materially. Now. now
ever, the packer buyers are willing 10
admit that every carcass OF South
! American beef which lands In New
| York will necessitate just that many
| less native carcasseS to fill the eastern
demand.
That the choice to prime goods will
not be affected by the Argentine beef
stands to reason. since quality OF South
| American product will not suit the
high class eastern beef trade, but there
seems a certainty now that the I'M
ports, II they continue to come with
any freedom, will have the result OF
| widening out the spread in values be-
! tween medium and highly finished
steers. The price spread is already
widening fact. A lot OF business in
plain killers has been done recently
down to $3.50. they being kinds that
brought IS only short time ago, when
| there were very few native beef steers
purchasable below So. It Is now prac.
tically a $9.o0Q9.15 limit for the prime
big steers. such as went around 1886 @
$50 ten days ago. and the only reason
that prime yearlings are commanding
top levels is their short supplies and
consumer favor for light cuts.
Absence OF kosher demand. OF course.
| has been a big factor in reducing val
| ues for big choice steers and will con-
tinue very potent influence until the
Jewish holiday season is. over. Two
more holidays fall next Thursday and
| Friday and another set Of them week
| later.
| The trade Is earnestly requesting
! feeders Of the big choice steers to stay
away from market with that kind until
the demand again rights itself. If the
market did not get another load OF
/ 1.450-pound and bigger steers for a
week OF ten days, 1t is evident, as
judged by the present situation in
| trade for them, that the killers and
eastern shippers would be well salts
fed. That there will be persistent ham
mering OF prices on the big stuff unit!
the outlet for this beef improves seems
sure now, and such a probable situa-
ZION certainty Calls lot IaClcdl actlOl
on part of owners in shutting off the
| supply.
Sheep.
Supplies of sheep and lambs were
also more than enough for current
needs
Receipts Tuesday were estimated at
$4,000. but many insisted that the run
would be little more than $4,000. as
there were only 116 straight cars of all
kinds received. Last Tuesday 42,295
were offered and year ago 2S,915
showed up. Total two days this week
$4,000. decrease of 1920 compared
with same period last week and $500
compared with corresponding time last
wear