Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-11-12

Chicago, Nov 12.--Announcement to-
day that hog cholera is seriously preva-
lent in most of the corn producing
states rallied the hog market.
Eleven markets were credited with
10000 IN Tuesday, being 5000 more
than week ago and 5000 more than
a year ago. Chicago's total at $4,000
was 5000 smaller than week ago and
u few hundred larger than Tuesday Of
last week.
The first two days Of this week the
eleven points received $4,000 less than
a week ago. Chicagos total showing
a falling off of 10, 400
Forecasting on the future course Of
the hog market is less evasive in tone
than week ago. Many Of the wise
guys" insist that the bear campaigners
on the buying side have already got in
their best ticks. The country has
caught it's second wind remarked Il
trader when the small run of Monday
was bulletined. Doubtless the Accent
break early last week, followed by
prompt recovery, convinced the coun-
try that no bargain sales Of prolonged
duration are probable. The advance
the growers spine. and when country
buyers attempted to secure hogs on the
basis of last Wednesdays prices at
Chicago they encountered emphatic re-
fusal. Unless packers can prevent
such "comebacks'' they are likely to
make the contest two sided affair.
Hogs are now on basis where they
can be fed out, and 1t is improbable
that bids of cents in the country will
jar loose any considerable number at
any time during the coming winter.
The 1925 cents advance on Mon
days light run was convincing refuta-
ton Of the contention that hogs are not
cutting up at a profit. or that fresh
meat demand is deficient
Cattle.
Cattle prices dropped. the run being
larger than was expected.
Recession in values in the Tuesday
trade left the prices for bulk of steers
still 10@16 cents higher than the close
last week.
Colder weather is having strong in
fiuence in moving the beef out OF cool
ers. Consumers demand always shows
strength when temperatures drop and
the only drawback to a keen general
beef call is its high retail cost. East
ward the generous runs from Tennes-
see. Kentucky, Virginia and Ohio, as
we'll as some fair supplies of Canadian
cattle and the Argentine shipments,
still continue to hold In check demand
for cattle in the local trade. but at that
the east Is doing nearly as much buy
ing here as one and two years ago now
Big weights continue the meanest
sellers for the obvious reason that car
cass cutters want the handy and light
ones, because Of the short waste in
utilizing these on the block. Still the
trade is needing q few heavy steers
and will continue to want them in mod
Grafton for another month. but follow
ing the international show, when lot
Of them will go into the markets direct
from the show auction sale, the trade
is not looking for good market on big
bullocks and sellers are advising own
ers to cash them in moderately mean.
time.
Ten cent predictions for November
went wide of the mark, but they were
| only made by lot of bullishly inclined
| folk who did not reckon with the sup
ply situation, as well as they might
| had they taken it into consideration
| that the generous quota Of big steers
marketed in August and September
| was fair criterion Of the fact that the
country held lot Of them. Owners OF
| the big steers who have been keeping
that stuff back in hopes Of big price
jumps have been doomed to disappoint-
ment, and every pound the maturec
cattle put on in recent weeks has cost
| as much as II cents to "A cents, ano
| their sale in the past two weeks has
meant losses of SO to $50 per head.
Sheep.
| Sheep and lambs were over plent1fui
| Eight cents became common price
for good fat lambs Sellers found 1t
/! hard to get buyers over this line. but
most anything good could make the
/ price and there We're consequently a
lot Of lambs selling in the same notch
! which under normal trade conditions
would have sold at least % cents apart
| MANY choice as well as many lambs
that were not strictly good making the
money. The top cream of the, croL
was held for more money, however
and buyers were finally induced tc
break over the Scent barrier, paying
up to $50 for finished led westerns
| and to $S.15 for some prime natives.