Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-02-26
PACKERS FORCE VALUES DOWN
IS AND 20 CENTS WHEN MAR.
kEr IS FLOODED.
STALE STOCK ON HAND
AIDS IN suvERs' RAID
Eleven Markets Receive $4,000 Head,
Big Excess Over Year Aeo-cattie
Steady and Trade SIow-Shesp and
Lambs Show Few chaases-current
Quotations.

Chicago. Feb. 26.-PackerS today get
! The big run of hogs expected and prices
| broke Is to 20 cents compared to yes
F.; terday's average. There We're 1l5.ocC
+! arrivals a: eleven markets. against ST.
J 600 4 year ago. In addition speculat
ors had Il stale stock of nearly 10000
IT Two days this week Chicago has
/ received so,5S0. being a few hundred
head more than a week ago and COM
! pairing with 6092S a year ago and SO,
I Us the same period two years ago.
Combined receipts of hogs At eleven
markets Tuesday totaleG $500, or sos
less than week ago. $4,000 more than
year asc and 12.l90 more than the
corresponding Tuesday two years ago
| Total two days this week $4,000, OF
| $4,000 less than the same period last
| week. $500 more than the like time
! last year and 5000 les. than the cor
responding two days two years ago
Total for 1913 TO GATE LAOS. or ssh
! 0oo less than the same period in 1872
and 4.s.0OO more than the correspond
| ing time in 1911.
II is a period when light receipts
such as were had a few weeks ago
+
than q moderate crop. since killers are
showing an attitude decidedly unfavoT
able 10 builish expectancy on sellers
part, tho availa ale supplies over the
] producing sections are plainly 10: :.
olunle which can work values mater
tally lower for some months ahead.
Cattle.
Cate were steady 10 slow. = sn-eah
1T
steers.
Beef demands running lighter both
locally and in the east, and the packers
claiming margin between cost and SELL
ing price affords them no profit is the
chief reason for slackened demand this
|. W eek which is accounting tor the ore@A
! in general values. Conditions are de-
cidedly less bullish than week ago
and the decline for feeder stuff today
took away from the market Tor ignt
and plain and medium steers lot Of
the firm tone which was shown Tor
these grades Monday.
| Tina, conditions will not improve
later this week on anything Ike a
moderate run is foregcne conclusion
ana packing house buyers were today
| talking still lower prices as probaois
in event OF a crop landing here tomor-
row which MIL prove the least hl'
above actual trade needs.
I Some OF the sellers claim that strong
weight beeves lacking right choice
grade and selling now at $3.50 so are
/ as much as 159-25c down from levels
4 thes= classes made here n the firm
! market last Thursday, and the indif-
I ferent demand for them, as well as
I plain handy weight killing steers
/ should be looked upon as at least SUI
Acien, Indication tina, killers are meet
! ing short demand for beef cuts from
! such bullocks. They are bringing close
70 prices paid for the choice quality
I feeding steers and are likely to con
tinue doing so as long as demand for
/ rhi. class is slack and there is further
ance o. the urgent country call FOR spe
10 1850 pound steers to fatten for tins
/ summer and fall markets.
Three roads hung up total OF 6sa
! cars in sight for the midNeek market
and traders took this to mean prob
! bic run of $4,000 TO 1900. attic it is
certain that a supply under $1,000
would fill actual needs OF both tbs
/ killers and shippers. Eastern buyer:
are considerably less aggressive pur'
chase-s this week than last and laci
| of the good com petition which they pu
I'd then is no small factor in enecunt
! current weak undertone to the genera
| trade.
! sheep and lambs showed feV