Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-12-03
HOG TRADE SLOW
At LOWER LEVELS
SPITE RECESSION IN
PRICES.
MiD-WEEk CATTLE ARRIVALS
DO NOT PROVE BURDENsoME
Prices Hold Firm Compared to Previ-
Gus Session-Sale Of Show Cattle at
International Expected to Affect
Trade Later in Week - Sheep and
Lambs Sell Higher.


! Eleven markets received ~, 500 boss
Tuesday, or 10000 more than las;
| Tuesday, $1,000 less than a year ago
and $500 less than two years ago.
Total two days this week 23S,0OO, or
! 5000 more than same period last week,
$4,000 less than like time last year
and $1,000 less than corresponding two
days two years ago. Total for 1913 to
date 22.551 900, or $4,000 more than
+, same period 1912 and $4,000 less than
corresponding time 1911.
[ Cattle.
| Cattle were firm, receipts being mod
crate for mid week.
Only the prime handy and yearling
steers are commanding better than 50
now, and it takes fancy stuff of show
class to land at s9.50@9.6O. Most cat
tie above SO on Monday were culled
from the show stock, tho the tops at
$3.50, two lots Of long yearlings, had
not been entered in the show. While
a few lots of prime big steers. weeded
out Of the show, sold Monday at 50 and
1915, a 1.500-pound lot at the latter
price, 1t is doubtful now If the best big
cattle would land above SO, and with
the International auction sale of prime
steers only two days off, the question
OF probable prices for show stock is
causing lot Of uneasiness among the
feeders. who have spent big money in
fitting show steers, having been in
duced to feed them by the record prices
paid a year ago. It is almost q GER
tainty now that the general average for
the show steers will not establish any
great premium over the open market
prices ,altho there is expectancy OF
some good premiums for the first prize
winners in the various classes.
Tuesday the run OF 1000 cattle COM
pared with 3,75S q week ago and made
SO, 900 for two days this week, against
1926 week ago and 46,382 year
ago. 1t is case OF too many cattle
this week.
Continued soft weather is bar to
expansion in beef trade. while hagh
retail prices are another factor IN
holding down consumers call. Also the
arrival Of Argentine beef in the New
York market is still another bearish
feature.
There is a decided bearish pressure
operating on the market. and until
it is lifted only the light choice grade
beeves have prospect Of getting decent
demand.
Arrivals west are generous this
week total at six markets for two days
standing $4,000, against $4,000 week
ago and 10000 a year ago.
Sheep.
Sheep and lambs went higher.
Some trains were badly delayed
owing to the heavy fog which over
hung the city and nearby country
during the night. However, by noon
bulk Of the expected cars were re-
ported and buyers did not wait around
but bought briskly. Undoubtedly the
up turn may cause an increase IN the
receipts the latter end Of the week.
but country shippers would do wen 10
hold down receipts to moderate pro-
portion for the time being.
Prices are attractive and stand bet
ter than a year ago. 80 that many VIII
ship their holdings regardless OF warn
inss sent broadcast. II too many are
not in the same frame Of mind no
harm can be done, as sellers are bull
ishy inclined after the break last Sat-
urday. Packers claim prices are high,
with the consumptive demand limited.
but still they seem to want offerings.