Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-01-10
HOG DEMAND LESS
At WEEKS CLOSE
LESS ACTIVITY AMONG BIDDERS
ALTHO PRICE LEVELS ARE
MAINTAINED.
CATTLE MARKET NOMINAL
AT RECENT ADVANCE
Show Material Price Appreciation
During Weck-supplies of Sheep and
Lambs Scanty-curren Quotations
at Livestock centers.

! Chicago, Jan. 10 mere was no az
tive demand Tor hogs today. Prices
! however held at levels bushels.
There were $4,000 hogs marketed a
| Chicago five days this week. or 29,oo'
! more than q week ago. 1000 more thar
! a wear ago and 1880 more than twt
years ago.
Eleven markets received $500 hogs
or 1.eOO more than last Friday, l1,60l
less than a year ago and 24,50O less
than two years ago. Total thus far this
week SIS, 900, or 10000 more than same
| period last week, $4,000 more than like
| time last year and $4,000 less than cor
responding five days two years ago
Total for 1914 to date $4,000, or $4,000
more than same period 1913 and 35s,oOt
less than corresponding time 1872.
Cattle.
Cattle quotations We're virtually
nominal
The lower dressing quality kinds are
showing least price appreciation over
last month, and likewise compared
with the trade one week ago. Most or
the s7.4O@S.OO stuff has not gone pet
ter than 1O@15 cents above last "eeh'
and it Is a hardgoing trade IN many
of these kinds, especially wnere theE
show little evidence Of having mad
lengthy association with the corn pile.
Feeder competition Is being lessened In
this line Of goods because OF Its rela-
lively high cost, and packers Woulo
appear to be in a good position TO ell
feet some sharp price cuts u gwen
an overrun.
For five days this week Chicago crop
stood $1,000, against 42,314 in four bus
mess days a week ago and 57.To
year ago, while six markets had loo''
900 cattle in the Same period. an IN
crease Of 1900 over a week ago ana
$1,000 less than a year ago.
Estimates on the run Eext Monday
ranged all the way from $4,000 to 3d.
900. but given crop around 2o.OoO IL
is probable that demands will show up
strong enough to hold the trade In de-
cent shape. At least this is sellers
opinion, based upon the good killer de-
mand which they have experienced In
recent days. A year ago next MoH-
day the run was 29.027. Weighty stufr'
so long in bad repute with buyerA has
come back In unexpectedly strong Ia
yor in the past two weeks and yea
ture Of the trade decidedly to sellers
liking has been the good packer action
on the big steers which were lacking
smooth finish. This stuff, some of 1t
short fed and most lots by no means
Of the same choice finish as best
heavies here q month ago, is finding
a freer movement in beef trade both
east and locally, which suggests that
while the coolers were overloaded with
big carcasses in December they have
~ for m
more Of them are now wanted rs ind1-
cative Of tho strong consumer demand.
tho rising wholesome costs necessitated
by reason Of advance in hoof costs
could soon effect a slump in con-
sumers' call.
Close observers Of supply conditions,
however. declare that crop OF heavy
steers in Illinois, Iowa, Missouri and
Nebraska is running far short OF early
winter expectancy. and that there Is
small likelihood OF tho trade getting
any permanent price reaction. Canada
and Argentina beef arrivals are play
ing a small part in influencing prices
for the domestic carcaeses. In the past
week only 1000 Argentina beef car
cases came direct into the New York
market, and the arrivals via Liver
pool, while frequent in recent weeks,
have still not been of volume enough
to trim down eastern demands for
corn-belt steers.
Shee3.
The supply Of sheep and lambs APP
peared scanty.
While Chicago receipts have swelled
$4,000 above the small New Year weeks
marketing and the siX-point total shows
an increase of $4,000 over last week, the
run locally has not been up to the ex-
pectations of many in the trade and
is suggestive, in view of the good tone
shown by the trade recently, that sup
plies in corn-belt and eastern territory
are beginning TO run low and that the
bulk left to come is in the hands of
regular feeders who will be inclined to
nurse the market over any bad spots
that may be encountered within the
near future. A different brand of
weather is needed to stimulate the
trade and there is now no suggestion of
any boom in prices at this juncture,
altho general conditions appear to war
rant a retention Of current prices II
receipts are held to moderate volume
Some western hay-fed stuff is NOV
ing and Colorados are beginning to
move with some freedom to the Mis-
souri, river markets, but prices at Chi
cago and thruout the west are holding
relatively high basis as compared
with the east. Sales have been made
here this week up to $6.25 on aged
wethers, $5.75 on best fat handy ewes,
and to $7.25 for prime yearlings. as high
as anything Of these classes have sold
since last June, while the weeks $40
last July.
Chicago LIVESTOCK
Chicago. Jan. 10-CAttle-Estfmat ted
receipts for today, 200; market steady.
Beeyes .. 675M $40