Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-04
MODERATE RECEIPTS At ALL
POINTS ENABLE MARKET 70
HOLD FRIDAYS GAIN.
HEAVY STEERS SHOW
DECLINE DURING WEEK
Price Losses From 10 to 20 Cents Since
Last Monday-kii.ers Joining in e.
fort to Further Five. Day Market
PIan-shsep Steady-curren, Quota:
tions.

Chicago, Jan. 4.-Hog trade re-
sponded to moderate receipts at all
points, brisk speculative and good
shipping demand. Spread in prices
was the most narrow of the season.
Five days this week Chicago has re-
ceived l47.577 hogs, as against s3,S29
the first five days last week, 131,S05
the same time last year and 11S,4SS the
corresponding five days two years ago.
Cattle. q
Cattle are steady at the eek-end.
There is genuine killer effort to CO.
operate with sellers and the railroads
to further the five day market plan A
few years ago, when the project was
then up and sellers made strenuous
efforts to coax their country patrons
to ship more freely for the Tuesday,
Thursday and Friday markets. killers
did not follow the plan as closely as
they might have. Too many "off days
found the packer buyers with scant or
ders but there is assurance on all
sides now that the five day market is
going to receive consistent packer sup
port, and this is all that appears to, be
needed to establish real five-day
market.
Decline for heavy steers since las
Monday stands 1920 cents, tho more
of the trades in the higher-priced
steers have been at 10@15 cents rather
than 15G2O cents cut. and there IS no
material change in values for the light
plain and medium to good handy
weight cattle. These are holding the
gains they made in the Monday trade
and are 10615 cents higher than the
close last week. In fact, the bGiN OF
steers of value up to sS.OOMS.25 snow
this price appreciation. but decline for
higher valued beeves in the past rev
days has reduced them to basis most :
~ 10 cents lower than the strong close
here last week
Some of the ss5o@9.oo steers in fact
are down fully Is cents from rates sacn
made in closing trade last week, "hfn
advances of 30M40 cents We're shown
compared with the low point TWO
weeks ago. That the market is on
fairly firm basis to stay awhlie is the
belief among conservative traoers
Continuance of good winter weather Is
an argument against severe hquldatlo.'
i Of short-fed cattle. They are eainliS
weight on feed which costs cheaper
than in years and as long as catt'e are
doing we'll there should be no occasion
to rush them into the market now tilat
most feeders who for f1nancia: rea-
son had 70 cash in within the past ..'So
have Gcne so.
moderate movement OF hoTt-teo
steers will be the main need TO hoid
the market up in good shape, There is
no great demand for beef. because re-
tail prices continue to hold high. AL
tho much Of the surplus beef in coolers
two weeks ago has since been worked
eff by reason of smaller supplies in the
market. killers are not showing any
d sire for much increased purchases
and the same applies to the eastern
slaughterers. who this week have
bought very moderately here, tctai
shipments being 17200 against $4,000
year ago.
Chicago receipts for fiTc days this
; week stand $4,000. against 24.1o5 In four
business days week ago and 59S31 in
the first five DAYS of 1912. At the six
markets total run for the week is 132.-
600. quite moderate supply. aSa!nst
Il. 900 a week ago and $4,000 a year
ago. while comparing with $4,000 two
years ago.
Sheep.
Sheep closed the week on stead:
| ba sis -