Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-11-21
SLACK DEMAND N
PORC|N[ Division
PRICES OF LIVE HOGS DECLINE 10
CENTS WITH BUYERS IN.
ACTIVE.
CATTLE TRADE STEADY
BECAUSE OF LIGHT RECEIPTS
Heavy Steers Now Selling Is Cents
Under Best Time Of Last Week-Ar-
sentina Meats Affecting Domestic
Market AdverseIy-Sheep Steady to
10 Cents Hishe-currsnt Quotations

! Chicago, Nov. 21.-Hogs suffered a
! decline of 10 cents today. Demand was
! slow.
! With the new advance in prices
Thursday, market was put at the high
est levels of the week 80 far. While
receipts were rather large the first tive
days this week, they fell off sharply the
| last few. This gave strength to gen
eral market and bullish feeling was
much in evidence.
Most traders looked for more hogs
-han was posted to arrive Thursday
Run was estimated at $4,000. This
number was quite small as compared
! with the way they have been running
in the last few days. Hold-over hogs
from Wednesday totaled SITS There
We're not many hogs in this total that
could not have been sold that day. The
stale stuff was made up mostly Of pigs
and a few light-weights.
Four days this week there have been
I33,000 hogs marketed at Chicago. or
1890 more than week ago, 400
more than a year ago and 10000 less
than arrivals for like period two years
ago.
Eleven markets received $1,000 hogs
Thursday, or 1900 less than last Thurs
day, 10000 more than year ago and
10, 700 more than two years ago. Total
four days this week, $4,000. or $4,000
more than same period last week. 12i.-
900 more than like time last year ano
5000 more than corresponding four
days two years ago. Total for 1919 10
date, 21,s750oo, or 10000 more than
corresponding time 1911.
Cattle.
Cattle were steady because OF light
receipts.
All the heavy steers, common. good
and choice, are at least Is cents lower
now than the close last week. and they
are 35a4o cents OF from ten days ago.
while extreme breaks Of b0a60 cents,
and even more. from the seasons high
spot have been shown for the rank
and file OF big stuff during recent
days.
When lot Of big cattle have 70 go
down from IS, it is significant that de-
mand for them Is in somewhat oemor-
allied shape and there Is certainty that
worse state of affairs will prevail
hero next week, unless receipts OF big
cattle are trimmed down to a very
small volume. Market will be closed
next Thursday-Thanksgiv Day
and there viii also be no slaughtertng
in the east that day. This is boun6 to
effect a short shipping demand for
cattle next Monday and that market IS
going to need far fewer than 10000 ar
rivals, according to traders views, II
there Is to be anything like q decent
price basis established.
For four days this week, Chicago run
eteod $1,000. against 55,73s a week ago
and $685. year ago. while the six
markets supply for the same period
totaled $4,000. against 15s, 900 a week
ago and $4,000 year ago.
Argentine beef coming into the New
York market IS still working hard
ship on the domestic demand product
and a Chicago beef expert returning
from New York Thursday declared he
saw Argentina carcasses in that mar
ket which were superior In many re-
spects TO our medium to good grade
beefs It is his opinion that 1t will be
merely a matter Of volume Of supplies
which packers will Import from that
territory that will nave effect one way
or other on the domestic market. Abil-
ity TO get big supplies from Argentina,
he believes, will not alone affect Amer
lean trade in medium and plain steers,
but good corn-fed beeves as well.
Sheep.
Sheep were steady TO dime higher.
Continued light receipts here and
elsewhere made possible retention of
the advance scored since Monday.
News from the east was all of a bear
ism character, both live and dressed
markets being slump and unseason-
ably high temperatures all over the
country combining with the adverse
influences Of the coming poultry season
10 weaken demand materially and
prompt the hosting of the danger sig
nal against free marketing early next
week.