Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-12-16
LIBERAL TUESDAY RECEIPTS
FORCE ADDITIONAL PRICE
REcEssIoNs.
INACTIVITY FEATURES
TRADING IN CATTLE
Shippers Apparently Rushing Holdings
to Market in Order to Avoid comps-
and Lambs Handicapped by Large
Hold Over Supply.

Chicago, Dec. 16.-Liberal hog re-
ceipts today forced prices downward.
Not alone at Chicago We're receipts
Of heavy volume on Monday, as the
total at eleven markets aggregated
100, 900, being $4,000 more than the
combined receipts Of March 10, when
Chicago received s., BIAS.
Receipts at all western markets were
unusually large and combined receipts
at eastern markets were considerably
larger than a week ago and corre-
spending Monday a year ago.
Notwithstanding the fact that Chi
Cages total was larger than a week
ago and q, 900 larger than a year g
statesmen at the start were strong IN
their views.
Cattle.
Demand for cattle was inactive.
The run Monday carried a heavy
quota Of warmed-up and short-fed
steers averaging all h way from LOO
to 1,4OO pounds, but mainly 1.15O to
1900 pounds. and these were sold
within he wide range Of S7.50@S.26. a
right decent to good short-fed kind
landing around ss.oO@s.25. and bulk
Of the pretty fair warmed-up and
short feds were s7.751s.1o PROPOSE
tons, with the poor little stuff landing
down to 800 and lower.
Desire to cash in ahead Of bad
weather was accounted the chief rea-
son for the ~oversupply. Still, with
weather continuing excellent for beef
making purposes, the trade did not
look npon the heavy u as good bust
ness policy. Too, many feeders wanted
to get in ahead Of the Christmas sea-
son, evidently figuring that with
Christmas and its attendant heavy
consumption of poultry only ten days
ahead, it would be better business to
get a big run here this Monday than
next, and surely II another such big
supply m a week from now. selling
conditions a not be expected to be as
good as they were in the present seq
sion.
The run stood against 25,424 a week
ago n 37.114 a yea ago. while the
total at six markets was 6s,400, com.
pairing with $4,000 q week ago and TO-.
500 a year ago. It was another small
crop Of good beef steers west, how
ever. and same was reported to be
true OF the runs at eastern points, tho
fair general supplies were marketed
there.
A fair quota of decent to good steers
late arrivals for the Monday trade
went over for today and Wednesday
markets, making prospect for later this
week unfavorable for continued free
movement from: the country. The Mon
day shipping demand. while moderately
good as was packer call. doubtless will
not be repeated later this week, and a
very moderate midweek steer supply Is
going to be needed to prevent further
recession In prices from the lower
basis shown in the Monday deal.
Sheep.
Sheep and lambs were handicapped
by a large hold-over supply.
It Is very seldom that Chicago at
tracts a $4,000 head run OF ovine stock
from corn-belt territory but that IS
virtually what 1t did Monday. The sup
ply guess was uncertain due to tho
belated arrival of trains, but at IL
o'clock around 900 carloads had been
unloaded and with 400 cars Of stock Of
all classes back at that hour, the
$4,000 run posted looked reasonable.
Out Of all this crop only foul double
decks had reported direct from the
range country at a late hour, 50 that
1t was virtually a run OF fed western
and native stock out Of corn-belt ter
rttory
The condition Of the great bulk Of the
offering was suggestive Of liquidation.
Good lambs were numerous, but prime
were scarce and a world Of HABITAT
stuff showed up. Lambs largely pre-
dominated and as they scared higher
last week they logically had the hardest
fall. AS compared with last Friday.
high day last week, fat lambs sold
generally at % to 35c declines, and the
decline today was rather more pro-
nounced On the good to choice grades,
that showed most Of the advance of last
week, than on other kinds. yet habitat
stuff was the hardest to get action on.
Sheep held up relatively well, the bulk
holding steady, some eve stock devel-
oping slight weakness and good Weth-
ers holding bout steady. Yearlings
were more numerous among the fed
western delegation than were aged
sheep and sold with considerable ire
gularity. tho rarely showing more than
a 10-cent decline.