Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-12-26
SPECTATORS BID
FOR HOG OFFERINGS
DEMAND FROM ONE SOURCE
GIVES LIFE TO VALUES FOR
ALL GRADES.
PRICE GAINS ON CATTLE
SHOULD CAUTION FEEDERS
Plain and Unfinished Grades Need to
Be Kept Away From Market in Or.
der to Maintain Present Levels -
Heavy Run Next Week Certain to
Cause Slump.

Chicago, Dec 26.-Speculative de-
mand today gave lift to the prices
of hogs.
Eleven markets received $4,000 hogs
Thursday. or 5000 less than Thurs
day, against holiday year ago and
22.600 more than two years ago. Total
thus far this week $4,000 or $4,000 more
than same period last week, 2tS.COO
more than like time last year, including
holiday, and 100000 more than cor
responding four days two years ago.
also including a holiday. Total for
1914 to date 22.99l 900. or 1.511.000 less
than same period 1913 and 100000
less than corresponding time 1912
Cattle.
Cattle quotations were only nominal.
Big price gain this week should serve
as an influence upon feeders to keep
the plain and unfinished grades away
from market, since with proper supply
distribution in the next few weeks that
kind will be due TO get good prices. The
available supplies are not heavy. and,
in fact, the trade is looking ahead to a
lot OF bare spots in the supply situa-
ton and belief is strong that prices are
going TO hold up well. provided there
is no recurrence of the scare which
last week drove in practically record
supply for the market.
Killers then got tremendous beef
crop at cheapest prices in months past
and they still have lot of II in cool
ers. bu; with only a meager fresh run
this week they were compelled to boost
prices skyward
What will happen next week most
anybody can guess in event that the
country again loads cars freely for the
market. Holiday week is always
poor one in beef trade, and this year
promises to be no exception. Market
is heavily loaded with poultry and
pork products and beef demand is
short AS a result OF this there has
been no big movement of beef from
coolers in recent days, and given a
liberJ run next week killers and east
ern shippers. will again likely look up
on the situation as one affording them
a grand opportunity to demonstrate
that this weeks price gains were en-
ti..ely illogical.
Let the big advance now noted serve
as an inducement for heavy run next
week and there can only be as terrific
reaction to lower basis Of values as
in the opposite direction this week.
Killers are taking medium and low
priced stuff with a lot of favor. but
these grades at current cost have ap-
parently looked well worth the money.
They serve as well as substitutes for
The higher quality long fed cattle which
are now a rarity in the receipts and
promise TO be for many weeks ahead.
AS a result Of this situation there
should be a lot of encouragement for
the feeder TO hold onto his unripe stuff
and make them jus, little better be-
| fore cashing
Sheep.
There was little activity in regard &c
sheep and lambs.
! The small crop Thursday brought
the four day total up to only 52.soC
head, just few hundred more than as
many as like period last week. about
j 1000 more than year ago when
! Christmas fell on Thursday. DIVINE
/ stock was decidedly scarce com
modify at all outside markets today
/ three Of the five leading Missouri river
points drawing blanks and Kansas
| City and Omaha reporting only 4,00C
between them The six-market tota
/ for the week to date is $4,000, against
i1sO. 900 the same period las, week ano
= 100 900 a year ago.