Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-12-02
SUPPLY
N HOG Division
OVERLAP OF
OFFERINGS.
CHOICE GRADES OF CATTLE
STEADY, OTHERS LOWER
Conditions in Beet Trade Unimproved
in East and ionai
Show Visitors Leave Stock at Home
sheep and Lambs Bring Higher
Prices-currsnt Quotations.


day on account of an excessive supply.
Hog receipts Monday were first es-
tinlated at 10000, later at $4,000 and
finally. owing to car shortage. at 81
600. Opening sales were largely at an
advance of sc. with instances of more
gain. but on the other hand some sold
no better than steady.
Trade closed in fairly good shape
with sales for the day at s7.15 a
1919, the general average at 1915
being highest since November 20.
Mondays receipts were 10000 be-
low general expectations and 5000 un-
der the total of a year ago which, to-
gether with higher prices on Change
! were Strengthening features.
Eleven markets received 500 hogs.
Monday, or 400 less than last Monday,
2S,S0o less than a year ago and $4,000
! less than two years ago. Total for
1913 to date. 22,430,000 or 100000 more
than same period 1912 and 1900 less
than corresponding time 1911.
Cattle.
Cattle were steady for choice grades.
Current beef market stagnation can
not be attributed to Canadian imports.
because not enough beef is coming
from that quarter to keep a small
town supplied, nor has the volume OF
imports from Argentina been Of such
magnitude as to cause competition.
The 5000 carcasses OF South American
stuff reaching New York and Boston
weekly recently is insufficient to
create a ripple on the market surface.
Meanwhile prices continue to slip
away. discouraging feeders and bank
ers and impairing confidence in the
future Of the industry. 1t is a ianen-
BILE condition and one that is dis
crediting every trade forecast put into
circulation earlier in the season.
Weaker price trend late last week
following the nlidweek rise was con-
tinued in the opening session this
week, and bearish fa0eoFs were con-
spicuouA Two chief ones were a sup
ply above actual needs and the contin-
ued unseasonably warm weather. Bulk
OF crop moved Monday 10 q $50 lower
than the close last week This meant
that Csc cut was In force for q con-
siderable quota Of the crop compared
with high spot last Wednesday. when
the trade had what many sellerA were
disposed to call an illogical advance.
International visitors generally left
nate that this was the case A year
ago the big run was due to the opening
Of the International, but following the
bear campaign in steer trade during
recent weeks feeders evidently resolv-
ed to hold down supplies in the Inter-
national week Beef men report no
Improvement Il conditions either To-
oally or in the last. Clean.up Of the
turkey season Is still some ways of and
poultry Is holding strong favor with
consumers. tho the chief drawback
to a good beef trade now is the warm
weather and continued high cost Of
the product at retail.
Sheep.
Sheep and lambs brought higher
prices.
Receipts were larger Monday than
some anticipated at $1,000 and COM
pared with 10000 the previous Mon
day, 1884 q year ago and 42.151 two
years ago. Six markets received 74.50o
Monday against 10000 q week ago
$1,000 a year ago and 710oo two years
ago. During show week country ship
pers should be very cautious, as heavy
receipts spell lower prices, especially
as consumptive demand is uncertain at
this time
| While lamb prices were only steady
with Saturday, these sales were largely
| 25c lower than high time Friday. 1!
was naturally an uneven market and
| those who were not on the Saturday
market had hard work getting what
they considered satisfactory bids. Buy
| ers were out early, but secured little
on the first round. Their later BIDS
were more reasonable and trade be-
| came moderatively active.