Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-12-10
PRICE RECESSION INEVITABLE
BECAUSE OF UNEXPECTEDLY
HEAVY RECEIPTS.
MOST GRADES SELL 20
CENTS UNDER THURSDAY
Average Weight Of Offerings Increasing
Cattle Comparatively Scarce and
Prices Hold Firm-Sheep and Lambs
4>Not Plentiful and Thursdays High
Levels Are Maintained.

Chicago. Dec. 1o.-Sharp deciineS
were Inevitable for hog prices today
owing to unexpected heavy receipts.
Average weight of hogs at Chicago
fell down to $50 pounds few weeks
ago and proved the lishtest on record
for q week, while TIE average for No
ver.he- 81 Isl pounds stood the highest
on record for a month.
Animals are gradually increasing in
weight and this week offerings VIII
probably average over 1870 pounds, and
may reach 200 pounds for the month.
There is a better demand for the
offerings weighing upward of ga
pounds than for those weighing under
200 pounds. All classes are compar-
atively cheap and as they increase In
weight will prove more desirable
Packers are able 10 handle the big
crop nicely and support the market
rather willingly because they are max
ing considerable money out Of the ami
mails.
Eleven markets received 1l1.lo0 hogs,
or ee.Sea less than last Thursday. 400
more than a year ago and 1890 less
than two wears ago. Total thus far this
week 6oa. 600. or 81 900 more than same
period last week, $1,000 more than like
time last year and $4,000 more than
corresponding four days two years ago.
Total for 1915 TO date si,s92 600. or
1853. goo more than same period 1914
and i.074.o0 more than corresponding
time 1918.
Cattle.
Cattle proved comparatively scarce,
and prices were firm.
A four-day run Of over $4,000 cattle
or top of liberal receipts last week
and expectation OF more than can be
comfortably taken care Of next week
has exerted a depressing influence on
prices The gorge Monday was not
relieved until yesterday. heavy adj
vance car report on Tuesday stagnat-
ing that market The run has carried
a large proportion Of 7.0oGs.0e cattle
and they have suffered most Under
the 500 line cheaper steers have not
been hurt much. subsistence OF the
western movement having been in
their favor. The 500 a 100 kinds have
declined IS cents. but the decline is
mostly 80 cents on middle grades with
which the run has been freighted- A
good class OF short fed cattle has set
tied down to a 7.ooG1.25 basis, at I.5o
airs some finish has been necessary
and cattle at s.0oG $50 must now pos
sess merit. Buliocks at S.0eGs5o are
choice Anything IN the upper regis
ter is a distinct speciality.
Yearlings and handy weights have
had the cali and big cattle have been
bad actors. Plain xeighty steers have
not been wanted at any stage OF the
game and the raft Of stuff out Of the
soft corn section has had a poor re-
ception. "a, wa
Current heavy recetpts are due to
two causes. The principal agency Is
the necessity of unloading cattle where
corn was either wholly or partially a
failure. a secondary cause was the
release late last week OF large sec
ton OF central western Illinois from
| quarantine restriction. resulting in
marketing an accumulation which has
been represented by heavy run over
| the rails of the Burlington. More OF
| this accumulation is stin back and
! pres sing on the market.
How much OF this weeks run repre-
! sents premature liquidation Is open &c
conjecture. but the percentage Is heavy
Thousands of steers that would have
| figured in the visible supply for sixty
20 ninety days longer have been un'
! loaded because corn gave out and more
are due from that source. A spell o,
winter will merely aggravate matters
{. as corn is so full of moisture that Il
will freeze solid.
Sheep.
Sheep and lambs were not plentiful
and high prices were maintained.
=! The market is looked upon as some
what top-heavy just now at curren'
prices. for the trade on dressed pro