Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-12-30
HOGS LOSE PART
Of MONDAY GAIN
HEAVY RECEIPTS HAVE WEAK.
ENlNG EFFECT ON VALUES At
CHICAGO.
RECENT UPWARD TENDENCY
TEMPORARILY HALTED
Supply Of Cattle Adequate For Present
Needs-Buyers Of Sheep and Lambs
Hesitate in Bidding-Review Of Mar
ket Conditions-current Quotations
at Trade Centers.

Chicago, Dec. 3O.-Larga hog receipts
had a weakening effect today en- VAL
ues. Mondays gain was partially lost.
The advance Monday puts general
hog values at the highest point OF
month. Sales at IS and up to $50
We're quite common and three loads
sold up to the top of $S.15. Light
weights We're equally as strong as 9TH
ers in advancing and some to shippers
sold as high as IS. Pigs were in fair
demand and prices We're higher than
Saturday.
Receipts Monday We're estimated at
$4,000. being many thousand less than
looked for. With only 1881 held over
from Saturday, total marketings were
quite small and hardly enough for de-
mand that was on hand. Big packers
have been going short Of hogs, nur
Monday We're able to secure many after
shippers had taken their share.
Eleven markets received 105,100 hogs
Monday, or $500 less than last Mon
day, 1850 less than a year ago and
6,400 more than two years ago. Total
for 1913 to date 24,90S,0O0, Or 304, 900
more than same period 1912 and $1,000
Cattle.
The supply Of cattle was adequate.
A survey Of the run Monday disclosed
the presence Of a lot OF halfway"
cattle, the neither-fat- nor feeder KIND
and buyers showed q disposition to
sidestep them. The run was yarded in
timely manner and buyers were at
work picking 1t over In soasonable
manner. but their purpose was obvious.
They Were after good handy weights
and whenever they spotted a load Of
bullocks that promised to beat 400
pounds they backed away. Some cattle
weighing well up to 1850 pounds sold
the weight he made Q few harsh re-
marks. There were few big bullocks in
the run, but everybody was hugging
the secret that weights exceeding 1,40o
pounds were not reveling in popular
1ty.
Apprehension Of glut was relieved
when the estimate was posted, as there
had been fear Of $4,000 or more. Chi
cago had more than half the supply at
western markets, river" points not
showing up very beefy. Eastern mar
kets We're light, the run Of Canadian
stuff thru Buffalo having dropped to
miniature proportions. Lancaster, Pa,
is now digesting a lot Of Chicago cattle.
whereas month ago Toronto STUN
was conspicuous there.
A direct consignment of Argentina
beef is due at New York this week, but
nothing has been loaded at River 11ate
points direct Tor New York in three
weeks past. so that for nearly a month
to como the only Argentine stun pos
sible will come by way of London. The
total imports Of meats for Octoper ana
November figure close to $4,000, 900
pounds. Of which over Is, 100000 pounds
was beef. Cattle imports for the two
months were close to no. 900 for beef
purposes and $4,000 stockers.
The character Of the run Monday
demonstrated that liquidation is still in
full force and effect. Their. was a pro-
fusion of habitat cattle. while finished
handyweights were relatively scarce.
Now that the holiday season is over the
market is expected to acquire stride
and the gap between quality and in
feriority widen.
Sheep.
Buyers Of sheep and lambs held of.
Live mutton trade is displaying phe
nomenal health. Liquidation has been
continued and the net result is further
depletion Of breeding fiocks and reserve
stocks. The cashing in process has
been carried on most vigorously by
Montana and Wyoming, but survey
Of the situation shows that only in Ida
no and Nevada is production on a nor
NAL basis. 1t has been liquidation de-
signed to cause concern in packing
circles regarding future supply. SINH
lar depletion has been going on in Can
ada until that country is even more
bare Of sheep than the United States.
But few years back Ontario sent
thousands of fat lambs to Buffalo, de-
spite a customs impcst intended to be
prohibitory, but when livestock went
on a duty free basis recently Buffalo
found itself responding to demand for
mutton from Toronto and IS per cent
of the sheep slaughtered in western
Canada recently have been imported
from Montana. Australia may be in
d position 70 flood United States mar
kets with the frozen article, but Can
ada was the sole prospective outside
source Of fresh mutton, and it is a re-
tailers' hope that has gone glimmering
and many in the trade doubt if United
States consumers will be appeased by
anything but the fresh dressed article.
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