Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-01-07
BREAK FOLLOWS
WHEN OFFERINGS PROVE IN
EXCESS OF DEMAND.
SOME TUESDAY ARRIVALS
LEFT IN FIRST HANDS
Choice 6ssvss Hold Up Well in Value
Little Demand Apparent For Sheep
and Lambs - Market Conditions at
Various csntsrs Of Livestock Trade
Current Quotations.

celptS hOg prices suffered another brea
today
Late Tuesday good class of mixed
averaging around 200 pounds sold at
Ss.10@S.15, with good to choice 2O0@
240- pound butchers at $3.15@S.20 and a
strictly choice heavy class at $s.25
The supply Of pigs while rather small
seemed more than equal to the demand
consequently a good share of Mondays
advance was lost and some were car
ried over until today in first hands.
An early estimate Of $4,000 on Tues
days run was subsequently raised TO
$4,000. being $500 more than a week
ago and 800 less than q year ago.
The quality was awfully good and this
fact had a weakening tendency.
Eleven markets received 1900 hogs.
or $4,000 more than last Tuesday, $500
more than year ago and the same
number as two years ago. Total two
days this week 264,o00. or $4,000 more
than same period last week, $4,000
more than like time last year and
$4,000 more than corresponding two
days two years ago. Total for 1914 to
date $4,000, Of 10000 less than same
period 1918 and 24s,0oo less than cor
responding time 1912.
Cattle.
Choice beeves held up we'll in value.
The general situation Is showing a
fairly bright spot as compared with
closing trade in 1913 and avoidance of
a Dig January p1le-up OF saort-fed
steers which Is probable n weather
goes agains the cattle feeders. will
save the market from any serious
downward price fluctuations. 1t IS a
propitious time for weight making and
the situation now appears free from
the l1quidating tendency which was so
strong a short time ago. However, a
drop in temperature and severe storms
doubtless would again force lot OF
"half-baked" cattle onto the market
and Just now these sorts are getting the
worst of the deal. in contrast to the
finished goods which two weeks ago
were in hard straits TO make decent
price premiums over the poorer dress
ing kinds.
Heavies and the handy weight fin-
ished steers are showing lot Of price
strength, which gives indication that
these carcasses are getting price favor
as against the mediocre kinds. A lot
of heavies are making $s.s5me.e5 now
that could not have commanded
ASSs' 90
trade two weeks ago. and this IS sug-
gested of much better reception for
these grades in consumer channels than
was the case while back, when killers
claimed surplus Of this stuff was be-
ing marketed.
Too there is a free tone in the trade
for the light common and plain killers.
but such kinds always meet spasmod-
ic demand situation at this time OF
year and they are most likely to suffer
severe price recessions upon arrival of
anything like an oversupplv which may
be driven onto the market because OF
bad weather
Sheep.
There was little demand for sheep
and lambs.
Tuesday Is an off day at leading
eastern markets, and a 20-car run at
Buffalo was the signal for a decline
there, the best lambs stopping at $3.50
on that market, against $3.50 yesterday.
The weakness was reflected in slack
ened eastern shipping demand here.
City butchers were also sparing buy
ers, and local packers, tho evidenc-
ing a need Of fair supplies, took hold
in a fashion that indicated their ex-
pectancy of light liberal mid-week re-
ceipts.