Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-11-17
MONDAYS ADVANCE
N HOGS WIPED on
REFUSAL TO PAY PRICES
DEMANDED.
RECEIPTS CONTINUE LIBERAL
AND TRADE APPEARS NORMAL
Cattle Offerings Lack Quality and the
Prices Tend to Lower Levels Except
For Best-Buyers Show No Interest
in Sheep and Lambs Except at De-
cline.

Chicago. Nov. 1.-THE advance of
| 40 to so cents in hogs which marked
the reopening in the stock yards here
yesterday was wiped out today, pack
ers remaining firm in their refusal to
pay the prices demanded by specula-
tors. Receipts were liberal and bust
ness appeared normal. The decline
was influenced by the fact that the
aggregate receipts at the seven princi-
pal markets constituted a liberal total.
Already the hog market prospect
looks better. Big stocks, which have
been one bear contention have disap-
peared.
Lard stocks are now the lightest in
many years and piles of meats In
packers cellars, are only of normal
size. AS the old crop of hogs has been
closely garnered the repenishment pro-
cess is not likely to begin early. Had
hogs been deducted from the October
run at western market it would have
been semi-famine supply.
At the beginning of the winter pack
ing season several factors favor the
market. The recent burdensome lard
proportions, hogs are cutting at profit
variously estimated at $3.50 to 81 per
head and small killers show dispo-
sition to operate more freely. How the
lard stock was depleted is still puz-
zling the trade as 1t did not go abroad
and a suspicion exists that middlemen'
approaching the fact that lard cost
was out of line with live hog prices,
have loaded their shelves and are In
possession of enough of the COM
modify to carry them considerable
time.
Cattle.
Cattle offerings lacked quality. Prices
tended to lower levels except for best.
Taking into consideration the de-
clines that We're forced in the two
days preceding the enforcement OF the
quarantine order, the gains Monday in
some measure only partly Offset price
losses then noted.
The country wisely refrained from
shipping thin steers Of stocker and
feeder kind. Only few animals which
ordinarily would class as feeders were
here. and these sold to the killers at
Gamer prices, an outlet in the market
which existed all during the week pre-
ceding the closing of the yards
The Chicago run at 1000 included
fair quota Of stuff from Minnesota and
South Dakota and there were also here
eight loads of rangers from Montana,
but the federal government Monday
ordered a quarantine on Montana
shipments. and only Montana stock
now en- route and on the rails OUT
side OF that state will be received here
after.
Missouri contributed a soodly share
of the fat bullocks at hand Monday. 1t
was not necessarily liquidated lot of
stuff from Illinois. the quality being
fairly good from this state, and Illinois
shippers who were here declared that
cattle owners in their sections are not
unduly alarmed over the situation.
Most of them are taking a serene view
of the affairs now existent and are
pla cling rigid quarantine about their
feed yards to prevent danger of in
lection by trespassers carrying the dis
ease germ.
The run west was moderate, total
Of 1920 being at six western points. to
compare with $500 a week ago and
10000 a year ago. Chicago run stood
against 21,9s2 here two weeks ago
Monday, and there were a year ago
27,232 arrived. The trade belief was
that had the Chicago market been al
lowed to remain open last Monday the
scare then prevailing over the country
would have resulted in an excessive
run here.
Sheep.
Buyers took no interest in sheep and
lambs except at a decline.
Packers asserted that the record
November prices prevailing at the date
the quarantine of the local market
went into effect and which have since
, prevailed at other markets open for
slaughter. were illegitimately high and
entirely unwarra nted by the condition
of the coun,ry's dressed markets, which
they assert have been adversely in
fluenced by the disease outbreak and
the close approach of the poultry sea-
son.
Sellers took the stand that with sup
ply at the leading market centers for
a week past cut short by guarantees
and with leading primary receiving
points east still deprived Of normal
| supplies of stock on foot by quarantine,
| there should be urgent need for every
| hoof available here and at the western
markets An added handicap to the
seasonable establishment OF an early
trading basis was a delay in yarding
| the supply, arising from inspection of
all stock as it was unloaded and some
what cramped quarters for trading. one
of the main receiving sheds not being
| opened to today's arrivals.