Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-12-13
ENORMOUS RECEIPTS
WEAKEN HOG MARKET
ARRIVALS UNUSUALLY HEAVY
AND PRICES DECLINE 10
AND IS CENTS.
FRESH OFFERINGS
OF 10000 HEAD
FRESH OFFERINGS
Arrival. Of Cattle, Sheep and Lambs
Also Heavy - Review Of Market
Conditions - Current Quotations at
Live stock Csnters. r

Chicago, Dec. 13.-Big receipts toda!
weakened the hog market.
The price range AT present is much
narrower than a week ago. Tuesdays
top was 1Oc lowerythan "a week ago
while the poorer grades of mixed ana
underweish hts are '1GM25c above week
ago.
Eleven markets were credited WIN
1863, 500 hogs. on Tuesday, or 10000 more
than last Tuesday $1,000 more than a
year ago 5000 more than corresponds
ing day two years ago. Total thus 1ar
this week 354 900 or $4,000 more than
sare period last week, $4,000 more
than like time last year and ll5,VcV
more than corresponding two days two
years ago. Total for 1916 to date 2S,-
7O1, 00G. or 4,O3i.00G more than same
period 1915 and 6,sS7,OO0 more than
corresponding time 1914.
Cattle.
Arrivals of cattle were also liberal.
Now that westerns have stopped run
ming. the market will go thru a period
of readjustment. Since the influx OF
lightg lassers ceased the bargain sale
has been discontinued and the low end
of the range has been marked up
sharply. Buyers of such stuff assert
that they are, paying dollar more
than on the November low spot. Steers
now selling at 80 do not carry mucn
kill and the S.00@S.50 kinds have not
been long on corn. All killers can use
a lot of that product however, anu
hide values prop the price list Toutly
After next week it is probable that the
grades of bulocks selling above ll.oo
will disappear, as that kind viii De
cleaned UP and the spread will narrow.
With the turn Of the year IL VIII be
crop Of short fed bullocks entirely. No
foreign beef is reaching New York. Ar
gentina loaded i,70S quarters 70 Eng
land and 80 quarters to the continent
last week. but the long drouth in that
country has put crimp In the sum
mer beef crop. Under normal condi-
lions River Plate slaughter houses
would now be running to full capacity.
Sheep.
Sheep and lambs Were too plentiful
\ new record for the season was
made by two-car string of choice fed
western wethers selling at 1919. or
within CSC of the yard record on sheep
made last May. Some other desirable
fed wethers sold at $3.50. Best native
ewes repeated Yesterdays 50 perform
ance, while fed western ewes at $50
lacked high finish. and IS wasspaid for
just fair chopper class.
Prime light yearlinsT wethers had a
nominal quotable value to s1l.lo, but
were not available, sll.35 promising toI
stop any yearljnSs that had been re-
l.. fl..tF STrYt
good ones of strong weight made Sill
and a palmer class sold at $1,000.
The whole trade is specializing on
how long current prices can last. Few
believe they can be long retained for
the purchasing power OF the consumer
is to be reckoned with and it /las a
limit. Jersey City reported lambs sold
up to s13.75 there today and Buffalo
wired a $3.50 top again but it is OBJ
vious that nothing approaching a good
sized supply can be handled at pres
ent prices and break is not likely to-
be long deferred.