Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-06-22
Increasing Supply of Western
Grassy Stuff Declines
Market
HOGS ARE SCARCE AND STEADY
Plenty of Mutton on Sale From the
West and Prices Sag Little Deal
ers Think Hog Supply is Largely
Marketed for the Present - Receipts
are DwindIing.

Chicago. June 22-Liberal receipts of
cattle and an increasing proportion OF
grassy stuff caused slow market and
a decline in the common grades. Prime
stuff commands steady prices.
Good dry-fed corn fattened steers
are getting scarcer in proportion to the
total supply, while the common half
fat and grass finished cattle are be-
coming so numerous that they are
going down the scale quite rapidly.
There is not much chance that they
will recover the loss as long as they
are crowded on the market so literally.
Texas has started and 1t is said that
the movement from the south will be
quite heavy from now on, and native
shippers should aim to get their cattle
above this competition.
Calf prices ruled strong yesterday,
receipts being moderate and the de-
mand from local buyers fairly active.
A considerable amount of grassy kinds
arrived and these, though of good
quality. had to sell generally 25c lower
than the dry grades, bulk of grassy
calves going at s4.5o@475, with a few
up to $500.
Hogs.
Continued light supplies caused a
firmness and steady hold on yesterday s
gain. Quality Is improving.
Rappal Bros. G. Co. say that the
average cost price for hogs today
was $500. the highest price since April
4, and about 80 cents higher than
week ago. 60 cents higher than 1.-TWO
weeks ago, and 72 cents higher than
month ago. Prime heavyweights
sold enrly up to $40. and only very
inferior class of light mixed and un-
derweight pigs went below S5.o5. We
are confident that hog values will
will reach higher altitude, and the
outlook for the balance OF the week
is very favorable.
There can be no concealment of the
fact that the country is extremely bull
ish on hogs" said hog man. =
few weeks ago light stuff was rang
sacrificed to save feed; now 1t is being
put into the feed lots and dearth now
probably means an increased fall sup
ply. Growers realize that heavy hogs
are scarce and where corn is available
there is disposition to make them
Should prime hogs go to Sc they will
show a nice profit even on oo-cent corr
and feed is available at less than that
figure in many sections of the country
Should this weeks receipts prove light
1t will be ample evidence that the
country is feeding"
Sheep.
With plenty of sheep on sale and
prospects of increasing supplies from
the west the mutton market was SLOW
at a small decline.
Range sheep in general should be OF
better quality than came last year, a.
the condition of ranges has been COOL
| for fattening sheep, and the close mar
keting Of aged sheep by northwestern
| ranchmen last year left a better gen
| eral quality OF sheep on the range u
! hold over winter than had been seer
| there in years. The big marketing ais
served to relieve the overstocked cor
dition of the ranges in some sections
and the general outlook for sheer
ranchers is rather more flattering thar
| it has been in years. Wool has beer
| bringing good prices and western mer
are generally in better position to mar
ket their sheep in volume to demand
good prices than heretofore. II the,
will work along the line Of con
servative movement of sheep, with care
4 to make the mutton sheep good am
fat before marketing, results should b.
highly satisfactory this year.