Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-06-20
Prices Closing 25 to SO and
Even IS Lower Than Week
Ago
HOGS STRONG TO 5 HIGHER
There Was Excellent Demand From
Packers, and Shippers Bought Lber-
ally of Choice Butchers, Today
Sheep Trade Worry Slow and Tame,
Tho Market Was Steady Today.

Chicago, June 20.-Cattle were slow
and weak. Receipts We're the heaviest
in years, yesterday, Texans being es-
pecially liberal. Prices closed 2oQo0c
lower than week ago, and in some
instances are 75c off.
Receipts for five days this week
stand at $4,000, largest since the week
ending Feb. 90 last, while comparing
with 55,264 in the same period last
week and 53.307 a year ago. Local
killers have loaded their coolers heaV-
lily with Texas and grass-fed native
beeves. The run of these has been
heavy since Monday, and while there
was keen demand at the start Of
the week, call has been growing weak
err ever since, and with heavy nhurs-
day and Friday supplies the buyers set
out to pound the market just as hard
as possible. Their success has been
apparent on all sides and Will be fol-
lowed by further success next week.
say the traders, should the runs pie
mp very heavy again. They have not
bought within several thousand of the
total supply.
Traders say extreme caution should
be exercised by country shoppers to
avoid further serious declines. AT
present there is not the least expecta-
ton Of good demand next week. Beef
trade has slumped since the big runs
have come and killers claim their beer
stocks are piling up to liberal volume.
The shipping demand this week has
gone to outside buyers than last week
in face Of the liberal increase In Of
ferings, and packers, having the stu.
uation we'll in hand, have started the
tactics their buyers have long adver-y
tised would be in force as soon as the,
situation was right for bear raid.
Hogs.
Hogs were active. and strong to DC
higher. Demand from packers was
excellent, and shippers bought choice
butchers literally. but sparingly Of
other grades.
With the weeks receipts of hogs the
largest in three months, the market
shows unexpected strength, for aver
age prices have resisted an expected
break. One trouble with recent re-
celDIS has Deeu Lie III CIV " SotAA
mon and mixed classes that are not
much in demand. While the bulge has
caused traders to whisper the appar-
ent imminence of Scent hogs the
bulge is not expected to start heavy
run next week. for the reason that 1t
is not thought the country has the
hogs for the market.
Sheep.
Sheep were steady, and trade was
exceedingly slow and tame.
Colorado lambs in the wool nave
practically ceased coming, and choice
dry-fed lambs will soon be in. After
this month they will be classed as
warnings. A lot of farm-fed. shorn
lambs showed up this week. selling at
s5.25@5.50, altho choice dry-fed lambs
of last years crop are worth 1913, or
little higher.
The break this week has practically
wiped out all the gain made last weeks
and prospects suggest a treacherousiI
market all thru the summer. Prices
refuse to respond to lighter receipts,
but quickly slump on liberal runs.I
Range sheepmen are anxious to get inl
and buyers are confident of period
of liquidation and a bargain counterfI
season. q