Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-12-11
DOWNWARD TREND
N HOG VALUES
RECEIPTS CONTINUE TOO LIB
ERAL AND PRICES AGAIN
SLUMP.
MANY SALES MAIDS ON
BASIS 20 CENTS LOWER
Bulk Of Cattle Offerings Lacking in
Weight - Big Killers Disposed to
Hold OFF in Market For Sheep and
Lambs = Review Of Market condi-
tions-current Quotations.

! Chicago, Dec. l1.-Liberal receipts OF
! hogs today again drove prices to lower
levels. some selling of 20 cents.
| Growers are more disposed to feed
+ hogs out than recently. when the
menace of foot and mouth disease was
/ a serious liquidation incentive. The ad-
vance in cost, since the low spot last
week has materially reduced profit in
1.-THE cutting operation and is REFRESHING
competition by small local Aillers. An
| erratic market all thru December is
certain, but January is expected 10 de-
velop higher prices.
Eleven markets received i02, 200 hogs
Thursday. or 4,i00 more than ;art
Thursday. 2li0D less than Z year ago
and $500 less than two years ago.
Total thus far this week 5000. or
30 S, coo less than same period last week,
$4,000 less than like ,lme last year
and $4,000 less than corresponding
four days two years ago. Total for
1914 to date 215.s 900 or t.72S,000 less
than same period 1919 and 1860. 900
less than corresponding time 1912.
Cattle.
Most of the cattle offerings lacked
weight
1t is a trade now for the prime
grades highes; on record. when the
open market sales % show-fed stock
are taken into consideration, but after
next week the showfed stock will all
have been marketed and tops will then
be back 70 a normal basis. though with
continuance OF anything like a strong
demand for choice beef the trade Is
looking forward TO at least a sos a
1915 market for the few long fed
grades that will be due TO come In the
closing weeks this year.
Chicago's light supply in four days
this week was. OF course. a strong
factor IN elevaling prices. Only $4,000
cattle have arrived In the week to
date comparing With 1858 week
ago and 62.42G a year age, while at
the six markets week TO date run stood
$4,000. a decrease II $4,000 from
week and $1,000 less than year ago.
In the west there has been q compare
lively slim quota of really good beef
and eastern markets also had light
supplies.
Free movement from Iowa next week,
as we'll as Indiana. which latter state
the refuseI of railroads &c haul stun on
Tuesday was a factor. cutting Indiana
nlarketings in midweek. is expected 10
swell supplies hereto more generous
volume and, with Christmas poultry
competition due to cut wide swath in
the markets next week. a meaner de-
mand for beef viii not come unexpect-
edly.
Week before Christmas rarely wit
nesses a strong trade in steers a year
ago next week the market broke % 9, 40
cents on bulk Of steers below choice
and quick recession from prices in
force this week will not be surprise
next week in event that Iowa and IN
diana feeders cut loose with steers az
freely as many anticipate.
Sheep.
Big killers showed a disposition 10
hold off In the market for sheep and
lambs.
Continued light receipts have given
the sellers a chance to more than re-
the market was literally supplied.
Present prices are 50M75 cents higher
than that time and about % cents
higher than the packer level OF last
Friday. Quarantine stuff vas in larger
volume than on Wednesday. but at
that was not burdenso:Te. Michigan
and Indiana stun was among the Of
ferings in quarantine. coming from
counties where the foot and mouth dis
ease had been. All Michigan and in.
! diana stock from clean counties was
sold in the free area