Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-12-24
TOO MANY Inc HOGS
ON CHICAGO MARKET
RECEIPTS MUCH LARGER THAN
EXPECTED ON EVE OF HoL.
iDAY.
VALUES PULLED DOWN
AS RESULT OF OVER SUPPLY
Cattle Supply Clearly Inadequate to
Meet Demands and Values Turn Up
ward-sheep and Lambs in Demand
- Review Of Market Conditions =
Current Values.

Chicago Dec. 24.-Larger receipts OF
hoes than expected pulled down values
today.
The six leading western markets had
los, 900 of the $4,000 hogs received at
eleven markets Wednesday the grand
total being $4,000 larger than week
ago and $4,000 larger than year ago
Chicago alone was credited with $4,000.
2S.S00 more than corresponding
Wednesday a year ago. Buffalo was
second on the list with $4,000, against
only 1000 week ago and $500 year
ago. ST. Joseph was third on the list
with 1900 against only $500 year
ago.
Cattle.
The cattle supply was clearly made
quate and values turned upward.
Killer buyers still refused to go at
the stuff with rush. y packer buyer
whose house took a big crop last week
said they still had heavy beef stocks
on hand, tho he made no secret of the
fact that a lot OF beef has been sold OF
late despite poultry competition in the
trade Houses that got the smaller
proportion of last weeks run have
been the ones that boosted prices most
this week. but ali of them Will likely
be keen to swing the price hammer
again next week if the supply is large
enough to afford them that opportun
ity Only a moderate general call was
no ha chi today
The trade today sent urgent letters
to the county advising a soft pedal
movement of stuff for the market be-
tween Christmas and New Years. Tina:
period is always a short one for beef
consum ption. Markets are flooded with
poultry. and oar being relative
~ cheap poultry and pork products are
going to get the best call to the detri-
lnent Of beef trade.
Keeping these matters In mind and
refraining from an affnction of over
enthusiasm In shipping as a result OF
this weeks sharp price gains, the coun :
try operator will likely save himself
from another price trouncing such as
he experienced last week. To buy cattle
on the strength OF this weeks big price
gains and send them here in big rush
next week can only mean another dose
OF the same medicine shippers were
forced to take last week.
! 1t is plainly evident that available
supplies are not such as will prevent
| the market soc,: showing a whole lo'
more recuperation from the deplorabie
situation noted a week ago. but that
will come by reason of favorable sup.
ply distribution.
Practically half OF the decline OF las
week has now been regained. barring
OF course, the heavy choice ~ phirne
/ grades which are showing s150M2 OF
cuts that We're noted a lot OF s775 n
SIS stuff sold today was up - cent.
and even more from week ago bu
! these were the kinds that had the les
| ser brice break last week.
Sheep.
! Sheep and lambs were in demand
Last weeks sharp decline IS great:
responsible for the present light sup
ply here and at other western markets
| SO that it was only natural that sellers
should demand advances on all grades
I The east was well supplied early thi.
week and had tendency to cut dowr
the shipping call. With the dressed
trade in bad shape the market here i.
! performing we'll, but packers are un
doubtedly supporting the trade in an.
! ticipation of a clarified situation aftel
! the holidays. There are no big re.
ceipts in sight for some time to com,
and owners Of ovine stock are in
{ noe IN io1