Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-12-31
HEAVY SUPPLIES
BUMP HOG PRICES
OFFERINGS GREATER THAN SELL
Frs COULD DISPOSE OF At
STEADY PRICES.
CONCESSIONS MADE TO
BUYERS ON BULK OF SALES
Demand For Cattle Inactive With Of
fsrinss Moderats-Run Of Sheep and
Lambs Not Observation-Disclosures Of
Market Conditions and Outlook For
Future-current Quotations.

Chicago, Dec. 31.-Hog supplies today
We're greater than sellers could handle
at steady prices.
Heavy hog receipts Tuesday thruout
the west more than offset the decrease
in the east, and combined offerings at
eleven markets aggregated 10000
Tuesday, or 1920 more than week
ago, $4,000 more than a year ago and
Al, 100 more than two years ago. Total
thus far this week, $4,000, or 5000 more
| than same period last week, 1000 less
than like time last year and $4,000 more
than corresponding two days two years
ago.
Cattle.
Demand for cattle was Inactive.
1t is plainly evident that killers are
DESTROYS of running on short supplies
all this week and probably no very
broad demand will be shown in the
trade until next Monday. Last We'd
nesday the market had only 6,499 cat
| tie, and a year ago Wednesday-New
Years day-when the market was open,
receipts were 1887.
Mondays trade had very soft finish.
losing all the price strength which
! good kinds showed early that session,
but it was an uneven DEAL thruout the
yards on all below right choice steers,
and, in many sections. sellers declared
than steady rates, and that they found
the going worse as the day progressed
Still, only short crop Of stun came
| over from the Monday session and
some of these were cashsd Tuesday.
Two loads of steers wevo bought for
export trade on Monday, . Canadian
operator filling an order here for 1.400
pound stun for Liverpool ana London
trade. one load costing $3.50 and the
other $3.50. This was drst export buy
ing in months, but It was largely In
the nature OF an experiment, and It
presented strange anomanly, In that
we are getting almost every week con-
signments from liverpool enrouted
| from Argentina, and a. we'll beef and
cattle are being imported from Can
ada. That there will be no decent 70
vival of export demand is a foreEone
fconclusion with traders.
On the other hand. while there 10 q lull
in the direct importations from Argen-
tina. there Will likely be resumption
of shipments into New York market
early in the new year, and every ton
OF the Argentine stuff which arrives
will. Of course, have It's bearing on the
demand for domestic-produced car
casses.
| It Is q trade within narrow limits
generally. 40 the year draws to
close. but so It has been turnout 1913,
a spread Of $7.750S.75 taking q big
share OF the steers marketed, while
not q single month has witnessed tops
selling below $500. and. too. . compar-
attvelv short crop OF beef steers has
gone under $3.50.
Sheep.
Tho run Of sheep and lambs was not
! eEcesgfvA
During 1913 mutton trade went on
free trade basis Nothing calamitous re
suited. But apprehension of what is in
store EXISTS nevertheless. So far little
foreign mutton has been dumped into
the markets OF the United States. but
the probability exists and other sheep
raising countries now have the incen-
tive for added production anorded by
free access to the best markets In the
| world. Il remains to be developed II
free trade means cheaper sheep and
lambs That throwing down the bars
to Australian and Argentine product
wifi reduce cost to consumers Is I'M
probable and that was the main object
Of the tariff destroyers. In the matter
of mutton, American consumers have
always been more fastidious than in
the case of beef or pork and If they
popularize the frozen article 1t will be
an acquired taste. Retail prices of the
domestic article are high enough to be
prohibitive to many, however, which
| affords the foreigner an excellent open
ing. i i H.