Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-01-01
DHNoMoER VALUES FOR FAT
SAoRr-FEDs EVIDENCE OF
FREE BEEF OUTLET.
EVERYTHING ABOVE 50
ELBOWS FREE ACTION
Best aassts Fairly Free Sale in Face
u Holiday Poultry Composition
Price Rsadjustment Believed to
Have Run lts Ceurse-Aeavy Orders
For Army Beef.

Chicago Jan. I. - Good to choice
steers closed the week and years trade
on strong levels. Weight was badly
wanted each day Of the week, and final
prices on fat weishty steers showed i
@25 cents gain over levels noted on the
close week ago, holding we'll up with
prices In force few days previous.
intermediates, which went little
higher at the outset on Tuesday showed
some weakness In prices in late days.
but everything was cleared in due sea-
son while the cheap light killers, which
had less favor after the first TWO days
Trading, finished on levels little differ
ent from last week.
Total receipts for the week We're 49,
500, against 6s,911 last week and A.
532 year ago, while Of this crop ship
pers took 14,24l. leaving $4,000 for To-
cal distribution, against 4I,I9t last
week and 1882 a year ago.
Seven markets had 112,SO0 cattle for
the week, against 205,000 last week
and 1890 a year ago.
Unofficial receipts for 1916 stand
a,T30,300 cattle. largest years run Ill
the past Ave years. and compares with
2,262,752 in 1915. Seven markets tota-
receipts for 1915 aggregate 9,2'9,009
against $4,000 IN 1915.
Barring a few heavy steers, which
had strong action at week end, demand
from shippers had not been as brisk
IN recent days as was the case a week
ago, even in face Of another holiday,
New Years day. In spite OF this,
however, the weeks market for good
beef steers. practically everything
above 50, in fact, has shown free &C
ton, eyidencing a need for beef OF I'M
usual proportions for holiday week. In
face Of holiday poultry competition
beef has been fairly free sale, and with
short supplies in the markets during
the past ten days coolers now ar
pretty we'll unloaded. and the trade is
duo 70 Ri: q free-going stride in the
first weeks OF the new year.
Cheap and medium stalk rough fed
and corn warmed cattle have been here
in big numbers the past week. Many
which cashsd at $7.509s.50 have had
Just little corn and were turned out
of feed yards as soon as they showed
0O1uS BIGdSo oA& IAoAA l1OSs DShAAoAt ~.
this class has been broad enough to
afford clearances, but killers have been
in q position to hold prices down to
weakened levels noted late last week
by reaston OF short shipper demands.
Price REIMBURSEMENT Runs Course.
Among many traders the impression
now prevails that price readjustment
has about run its course, and under
moderate marketings there will be
short fluctuations in values during the
first weeks of the new year. Short fed
and warmed up steers at current cost
are meeting decent outlet in consumer
channels. Beef demand, temporarily
shortened by poultry competition, is
expected to hit its normal stride with
in a short time. Killers have heavy
orders for army beef. and with the in
dustrial situation continuing prosper
Gus and cold weather serving as a
stimulus to demand, there is little
prospect Of the outlet narrowing in do
mestic channels.
While free selling of habitat cattle
has been general for weeks past, hold
ings appear now TO be IN strong hands.
Corn market having hit the top and re-
bounded, with small prospect of again
reaching dollar level there is more o.
sentiment looking 10 a longer FEED
than was the case few weeks ago.
Many feeders who hold feshy steers
which are doing we'll apparently have
reflected upon the certainty Of the big
fall movement Of habitat steers de-
priying the spring market Of a liberia!
supply of fat bullOcks, and are point
ing their feeding operations accord
irgIy.
Big end Of weeks run sold within
range Of sS.25Ml0.50, and only a
small crop landed above the latter
Price, with few weighty fat Deeves OF
seventy five to eighty five days corn
eashing at s11.254 11.o0. steers at this
range were big margin gamers over
iirst cost and likewise the $1,000
1915 grades. They have made feed
ers good profit in most cases IN spite
Of the high cost of corn, and in many
instances cattle cashed at 1925 1000
as well as higher, Melted over 81 q
Dushel for the corn they consumed
Thus, the market closes the year on {
basis which many skeptics had believed
impossible as applying TO high costing
feeder stuff early in the season am
profit on early winter feeding is en-
colira ging better feeding sentimen
with respect to the next three months
Bulk of the corn warmed and plat,
to decent short fed handy steers sol(
within a range of $8.00G $50. and
pretty fair killing sort of s9.00M9.
while the common grades Of bee
steers off stalks and a warming o
corn cashed mainly at s100mI.85, will
a failing kind such as feeders did no
want landing down to $3.50 and under
LAND GRAB TO FAIL.
L. L.. 4