Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-01-08
PROSPECTS OF HEAVY RECEIPTS
NEXT WEEK CAUSES TRAD
Frs TO HOLD BACK.
DECLINE IN PRICES
FORCED BY PROSPECTS
Cattle Market Shows Married Improve
nnent Compared to Two Weeks Ago
Good Demand For Sheep and
Lambs at Weeks cIose-Revisw Of
Market Conditions.

Chicago, Jan. S.-Liberal receipts
and the prospect of a big supply next
week brought about decline today in
the hog market
The run of hogs this week at Chi
cago will establish new record for
the Chicago yards. During the first
five days of the week there have been
about 293,S00 hogs received, which
means that only 1000 would have to
arrive today The trade is looking for
$4,000 to 10000, which will easily es-
tablish a new high mark for the yards.
While the receipts have been of record
volume during the week. shippers have
been proportionately large,
The run for the first five days of the
week at 293,S00 head stands $4,000
more than year ago, and 117,700 more
than like period two years ago. There
were S,222 hogs carried over from
Thursday, being the largest layover in
about two weeks Armour had close
to 5000 hogs in direct from other mar
kets.
All markets were we'll supplied and
az eleven markets the total run footed
$4,000, Or $4,000 more than last Fri
day, 1920 more than year ago and
$500 more than two years ago. Or
ferings for the week to date aggregat-
ed S72. 900, or 36S.000 more than same
period last week, $4,000 more than like
time last year and 295,000 more than
corresponding five days two years ago.
Allowing only 10000 for Saturday. a
new combined run at eleven markets
will Be established. The old record
stands at $4,000, made the first week
of January, 1908.
Cattle quotations were almost nom
inal
Where the trade wore a gloomy ap-
pearance two weeks ago it is now re-
versed There are many higher price
guessers who were looking at the Sit
uation thru the other end OF the glass
not long ago.
Much of the surplus crop Of thin and
immature steers has been liquidateo
and cattle now are in stronger hands
GENERALLY. This weeks run carried
small quota Of good to choice steers
and a slim crop has gone over S9.oo'
altho quality Of stuff making that price
has been far below that which 1t re-
quired ten days ago.
A class of stuff that has shown most
gain has been the light cheap she stun.
Killers assert that much of this grade
Of beef now hanging in the coolers
stands them at. least IS cents better
than two weeks ago, and more in some
instances. Given a freer outlet into
Pennsylvania by raising Of restrictions,
and there would be even broader
call for this class Of cattle.
Five days run this week stood 4S.soo,
against 41.532 a week ago and 5l,558
year ago. while at the seven leading
markets the supply stood $4,000, an
increase Of 81 900 over a week ago and
$4,000 more than a year ago. Other
points have had slim quota OF good
beef; however, Chicago being the only
spot on the map where any material
number Of good steers. even short fed
kinds, have been received. and this
taken into consideration, it is not
very heavy increase in beef supply. In
the west a big percentage Of the crop
being marketed now is little above
feeder class.
Sharp price gain this week is ex-
pected to bring out a fair crop Of cat
tie for the Monday trade, guesses to-
day ranging as high as $4,000, tho 81
900 to $4,000 were popular guesses. A
year ago next Monday the run was
27,S51.
Argentina forwarded no beef to the
United States this week. according to
cable advices from Buenos Aires.
Sheep.
Demand for sheep and lambs was
good
Judging from the quality Of many Of
the westerns sent in from nearby feed
ing stations, the crop on feed at these