Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-13
TRADING GENERALLY ON LOWER
QUOTATIONS THAN At CLOSE
OF BUSINESS.
CATTLE DECLINE 10
CENTS WITH TRADE SLOW
Hogs Fail to Maintain Saturdays Lev.
eI and An Early Decline Of Cents 10
Resistered-searish Feeling Shown
in Sheep Market Where Prices Are
a Shade Under Saturday.

SHlCdSO Jan. l5.-Ine general tone
Of the market today was lower, and
cattle early showed decline of IL
cents, but this was partly recovered
later. Trading was slow.
Closing trade here last week was not
at all satisfactory to the selling side
1t was hard peddling out the later ar
rivals for Friday and slack again Sat
urGay for the few scattering lots here
| Big buyers here are all getting their
gauges set for a liberal supply of cattle
here a. the start this week despite .he
uninvitinS treatment they have given
the shippers of cattle here las. last
| week. These buyers declare, however
| that it was the misfit character of the
steers at hand for the trade here Late
last week that has given the market its
| bad favor to to taste of statesmen, that
| more of the plain medium classes of
steers showed up than there was place
| for. This, however, does not explain
away the fact that prices for medium
and even the good heavy cattle closed
I! at level very close to Is cents lower
! that one week ago and that prices for
| the light and handy steers are only a
| shade higher than at that tina, tho
they were at best time last Wednesday
selling 1890 cents higher than could
| have been made here the previous
week
The great bulk OF light cattle, how
| ever, sold during the week at the best
i prices Of the year thus far owing to
the urgent demand for stockers and
feeders that stimulated the market for
the light classes Of cattle of every
class. Very few useful beef steers even
of light weight have been available
at a cost under ST. the stuff that has
been obtainable down around $3.50 be-
| ing of very inferior light class: in
fact. so commonplace that they We're
not desirable feeders. Most Of the $50
to 1,100-pound steers have sold at a
range Of S7.00@775, mad the 1850 to
| 1.350-pound steers mostly at $1,000
S65, such as have sold at 1915 having
been mostly of extra weight or smooth
ness, the choice ripe 1,400 to 1913
pound beeves selling here last week at
$9.00@94O. the latter top standing
! against $3.50 as top the week before,
J and $3.50 one year ago.
! A feature Of the recent trade haC
| been the closing up Of the gap between
! the palmer and better classes OF beet
steers. Very few beef cattle OF use
full class are to be had now below ~.
A narrowing of more. than 81 per
cwt in the wide range that was shown
! by cattle values only about one month
ago is now in evidence. AS anticipated.
! a slice Of s1O0@1.50 was quickly taken
| off the top prices Of cattle as soon as
| the Christmas demand was over, only
| cattle of very extra class and ripeness
! selling now at 1925 or upward, against
s1100611.25 as the top prices paid dur
ing the first half of December. An un-
| precedented year and demand for feed
| er, too, put the prices of all light
classes Of beef steers up about 80 cents
per cwt, and they are now selling that
| much above the cost Of lighter classes
| of steers of the plain habitat type mere
| early in December.
Hogs.
Hogs failed to maintain Saturday
levels. and declined cents from the
close of the last session. The run, est1-
rated early OF $1,000, was sufficient for
| al dema nds.
| Combined receipts of hogs at eleven
markets last week $4,000, or $4,000
more than previous week, $4,000 less
than q wear ago and $4,000 more than
| =
two years ago.
| The average price of hogs for the
week was $40, against $3.50 previous
week, $685. year ago and 1913 cor
responding week Of 1911.
TOP hogs at Chicago lasteWeek MADE
1891. or 21s cents lower than the
previous week, 92a cents higher than
year ago and 57M cents lower tnan
two years ago. Average price for the
week figured $7.43, a decline of cents
compared with the previous week. all
advance of 81 compared with the same
week last year and 50 cents loss conf
parcd with the corresponding week two
years ago. -.
| big heavy" packers are still drug
on the market selling largely around
81.
| Rccejpts f hogs at the Chicago
Stock Yards last week totaled 10000,
the largest weeks supply in almost
eleven months, or 26.400 more than the
previous week, $4,000 less than, the
same week last year and $1,000 more
| than the corresponding week two years
ago. Shipments were comparatively
| lighter.
Sheep.
In the sheep market the same bearish
feeling prevailed as in other sections or
| tn. livestock market for the day The
| high prices Of last week were held for
| some grades but the market generally
was a. shade below Saturdays average.
Practically everything killers are
buying is now costing them as much
as Is cents per cwt more money than
week ago and the highest January
prices on record. Extreme Gull sheep
hardly show the full advance, nor do
some of the palmer Wethers, but nr-
merous sales of heavy ewes. neavJ aiis:
medium light lambs show as much as
81 advance. The bulge has been IN
response to brondened eastern ship
ping demand, induced by light runs
and runaway eastern markets. re-
markably broad consumptive demand
considering the prices, in all direc-
tions and to the moderate size Of re-
ceipts at all western points.
The Immediate future market Is
little hard to diagnose, SO much at this
juncture depending on probable supply
figures and that being very hard to de-
termine just now. Some moderate tenn
porary reaction IL more than probable
however, as such stock az has been
running in corn fields and not already
shot to the shambles is pretty sure to