Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-11-20
SPECULATIVE DEMAND CHECKS
RECENT DOWNWARD TEND
ENcY OF MARKET.
SMALL RECEIPTS UPHOLD
CATTLE QUOTATIONS
Holders Of Sheep and Lambs Display
Confidence Because Of smaIlness Of
Supplies-Review Of Market condi-
tions-ouotations at Livestock Gen.
ters.

Chicago. Nov. 20.-Speculative de
mand today proved sufficient to Civ
hog prices lift.
With Buffalo, Pittsburgh and Cleve
land markets closed, the other eigh
points received a total of $4,000 hog!
the first four days OF this week, OF
$4,000 less than the eleven market!
received a year ago this week. Tit
six leading western points received
$40, 600 first four days of this week
being only 1000 less than a year ago
Chicago the last four days alone re.
ceived 100, 400, against 1S4,S9S same Pc
riod a year ago.
Cattle.
Cattle quotations We're upheld by the
smallness of receipts.
Closed shipping outlet for heav.
steers has simply made it a packer
market at practically the packers owr
price since early Monday. In the initia
days session they took few heavy
cattle at sharply higher prices. but be-
fore the Monday market was actually
well under way the values began tc
drop. and up to Friday they were still
dropping, the extent of the decline be-
ing 81 in no small number of cases.
A very creamy class of heavy steers
good enough for any trade, sold late
Wednesday at s9.25@9.5O that looked
fat 81 lower and in some cases s1.2s
under best point of the season a few
weeks ago. This stuff selling 75c @$l
under high point Monday was at least
4O660c lower than the closing market
two weeks ago.
What would have happened had Iowa
and Wisconsin shippers been permitted
by the federal bureau of animal in
dusty to send stuff this way can only
be surmised. but MN who are looked
upon as good guessers say that if those
states had dumped cattle into the mar
ket this week it would probably be
nearer 81 than 81 decline.
Thousands of cattle in Wisconsin and
Iowa are ready to come and have been
for the last ten days. Once the word
goes out that shipping can be resumed
a deluge is likely and the market will be
flooded but the trade confidently be-
lieves that the feeder who refrains from
joining IN the rush and holds back un-
til the first "must-get to the market
cattle" are cashed will profit by SO do
ing.
Four days supply this week stood
24.4o0. against 56,S16 a year ago. but
with the beef demand badly crippled as
result of consumer prejudice. caused by
the disease spread and Thanksgiving
turkey season Just ahead, it Is plainly
evident that a light run of steers here
this week has been all tho demand re-
quired and to avoid further price de-
moralization. shippers in states which
are free to send stuff to market must
hold the supplies down to very
meager proportions until the embargo
on outgoing shipments is lifted and
there is restored to the trade the normal
competition, absence of which this week
has meant price wrecking of the wors:
sort noted in recent years.
Sheep.
Holders Of sheep and lambs dis
played confidence because the supply
was none too plentiful
The adverse influences OF the
Thanksgiving poultry season and COM
paratively good runs during the week
mitigated against a materially better
ma tured sheep market. tho there was
much better tone to the market for
fat handy weight ewes CT chopper
class than on Wednesday and where
advances were noted they We're chiefly
on that class. 1t was hard to pass
$3.50 on any aged ewes. however, a
decent killing class sold down to s.
and very good heavy ewes at $3.50
5.35. Some eight or ten loads of fed
western ewes sold at s5.10@5.50. Fed
western wethers at Sc were choice
handy class identical with string at
the price here Wednesday.