Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-12-29
ARRIVALS FAR IN. EXCESS OF Ex-
PEcTATioNs AND
DEMANDS.
SLUMP IN PRICES
INEVITABLE REsULf
Cattle Offerings Lacking in Quality
Storm lnterferes With Sale of Sheep
and Lambs-Review of Market Con-
ditions-current Quotations at Live
stock Centers.

Chicago. Dec 29.-Arrivals far above
the number expected made fall in the
price of hogs today inevitable
Eleven markets received a total OF
1Ol. 600 hogs Monday or $4,000 less than
a week ago and 1000 more than year
ago The six leading western markets
alone received $1,000 or $4,000 less
than a week ago and 5000 less than a
year ago. Chicago Alone had 5000 less
than a week ago and ZOO less than
year ago ST. Paul alone had 1906
less than a week ago and Buffalo de-
creased 5000 compared with previous
Monday.
Cattle.
Cattle were not of attractive quality
Small eastern houses are likely 10
need considerable beef. owing to de-
pletion OF local supplies consequent or
foot and mouth disease. The bene-
fetal influence of this demand has been
felt in growing ratio as permits have
been issued to such plants TO ORA AZ
supplies from interstate sources.
Beef consumption has already shown
improvement. and much of the big Kill
Of the third week OF December has been
worked into distributive channels.
Continuance OIL CO!u w tQiIAOi ~ 80 ~ W
decided advantage to the market. The
industrial situation Is improving ane
may be expected 10 ,ie"eioP activity as
spring draws along.
Considerable Argentina meat is
reaching New York, but the proper
ton transhipped to England is large.
Last week $3.50 quarters arciEed .ihd
81 900 quarters were loaded at Buehos
Aires for that port. Imports and eH-
I5rts are inextricably mixed at pres
erI, as much of the Argentina stun
rea ching New 7ors. figures in bo'h
lists.
The trade is unanimously OF the
opinion that throwing stock cattle ana
steers merely in good feeder condftIot
on the market at present is doubtful
policy.
The fact must not be overlooked that
for three months past few cattle nave
been going in while the process OF
pumping out the principal corn oei
States has been in full swing.
Outside Kansas few stockers have
been going In during period When
under normal conditions all the corn
belt states are heavy buyers.
During that period premature
slaughtering has been on huge and
probably unprecedented scale much OF
this sacrifice having been necessitateo
by the menace of disease.
The trade believes that short fed ana
light cattle now being sacrificed can
not be reinstated when the REPETITION
process is resumed at anywhere near
present bargain sale rates.
Sheep.
The storm interfered with the sale
of sheep and lambs.
BUYERS have undoubtedly come tc
the conclusion that receipts are 10 re-
main moderate the balance OF the yeai
and supported the market without
murmur. Outside call in this division
was of little consequence, but the com
petition between packer representa-
tives was keen after the opening
round. Inquiry for fed western weth-
ers was good, but buyers were unable
10 find any load lots up to late hou:
New advance brings prices bach
within so cents of the recent high spo
/ and unless receipts are of increased
| volume the balance of the week th'
! BUYERS will probably be compelled t
/ pay even more money. Kansas C!t.
and Omaha were we'll supplied. bu
/ elsewhere offerings were moderate
! Eastern conditions are partly clarified
! but not until after the close of TIL
! wear is much Improvement anticipated
| Lamb owners have enjoyed good price
/, for many months and when the mar
! ket reacts they shut off the supply un
| iii il gets better.