Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-12-18

Chicago. Dec. iS-Much larger re-
ceipts of hogs than expected had a de-
pressing effect today on prices.
Eleven markets received 1,2.S0o hogs
Thursday OF $500 more than last
Thursday. 300 more than year ago
and sS.0oo more than two years ago.
Total thus far this week 10000, or
9S. 600 more than same period last
week. $4,000 less than like time last
wear and IS 400 more than correspond
ing four days two years ago. Iotai
for 1914 70 date 22.236, 600. or 1.sSSoo0
less than same period 1913 and l,52o,oo
less than corresponding time 1917.
Cattle.
Cattle did not appear 10 be any too
numerous
packer buyers declared they were
loaded up" with beef and this asser-
ton could not we'll be challenged by
the selling side Still. the killers We're
disposee to effect decent clearance OF
rhe crop today, ai:ho since there were
al least 5000 cattle carried from
Wednesday. clearance was not made
the prices that buyers offered on many
lots being considered by sellers as
far under their real value We're pric-
ing cattle about as low as ous con
sciences will permit" said seller but
still they won't take hold of many lots.
Killers We're out 20 get stuff down
to bed rock basis, and this they are DO
ing now They bid 50 fo- drove OF
1900 pound heavy steers fed on
neighhorlns farm to load o: like
quality and fed four months less
time. when sold at 81 last Wednes-
day
That's the sort OF a heavy cattle
market it is right now, and Il this de-
plorab,e condition Of affairs does not
have effect IN diseourasing many feed
ers who were here tFiis week from fit-
ting heavy steers for months to come.
then they're a gamer lot than many
OF their commission men Think they
are.
Forcing $50 a head break in the mar
ket for big steers IN so11s cases and
s2oI25 per head in most instances. is
not calculated to encourage beef-rnak-
ing. and the impression prevails that.
altho the buyers made a genuine kill
ing this week the effect OF it will not
be lasting. and that as result OF the ter
rife hammering OF prices lot OF feed
ers who had they sold at fair prices
this week, would have taken o. more
cattle to feed. will simply sell their
corn and wait for a better outlook
The big raft o, stocIery stuff here
this week thu. has solo 81 s5G6 and
even down to $3.50 FOR thin ones, should
discourage feeders from getting rid of
that kind a few months hence il may
be practically Impossible to replace
them and the trade is urging owners of
rather than sacrifice at practically can
ner prices.
Sheep.
Trade in sheep and lambs was almost
lifeless.
Lamb prices took a severe drop and
sellers were unable to check the down.
ward trend of values. While the ship
pers and city butchers bought few
strictly choice to prime lots during
early hours in the free section which
did not show over 10G15 cents de-
cline on the average. the packers took
the less desirable lots, while the out
SIDE competitors were going which
were probably p cents down, and some
bids showed 80 cents decline from the
best level Of Wednesday. In the quar-
antine division hardly anything was
done during the early hours. but first
bids were 30 cents off and some sales
were at least % cents down, with In
stances of 1910 cent depreciation.
The overrun in the supply yesterday
and the day previous to that together
with the doubling OF today's first esti-
mate, gave the buyers chance to have
; their own ...@ay partly. and they took
advantage OF he opportunity to raid
the prices, which have assumed an un-
usually high level General quality was
strictly good, but buyers insisted on
more severe sorts or else took arrivals
as they arrived at an apparently low
! figure. Shippers and city butchers
were after a few offerings. but it was
largely packer affair after the first
few rounds.