Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-06-21
RECEIPTS UNEXPECTEDLY HEAVY
AND SELLERS HAD DIFFICULTY
IN MAINTAINING LEVELS.
HOG DEMAND POOR AND
PRICES BREAK 5 TO 10
AItho Best Grade of Butchers and
Heavyweishts Sold Well, All Other
Sorts Were Carried Over - specu-
Iators and Shippers Active EARLY -
Sheep Dull, Lambs Steady.

Chicago, June 21.-Cattle receipts
were unexpectedly heavy, and altho
prices were not much changed, sellers
had difficulty in holding them to a
steady basis. Butcher stock was in
better demand than were steers. Best
grades of cows We're actively sought
after, but the supply was very light,
the major portion of the receipts be-
ing grassy sorts.
The trade in native beef cattle the
past two weeks has developed several
surprises Prices have hit lower level
in spite of light receipts and the quail
ity of marketings has been considerably
better than was expected. The demand
has proven smaller than was believed
possible under the existing better bus
mess conditions than ruled a few
months ago and in place of the broad
outlet which sellers had been antic-
ipating the buyers have apparently
filled their needs quite handily. Some
good to choice heavy steers went over
unsold this week, a rather strong indi-
cation that no very urgent orders are
held by buyers.
Under marketing of only $4,000,
against 99,35S the week before and 6S,5s7
a year ago the trade closed the week on
la basis 100 25 cents lower than a week
ago, the greatest declines being quo
table for heavy beeves, both medium
and choice quality, these having been
quite dull sellers turnout and partic-
ularly since Wednesday. Bulk of the
handy weight medium to good quality
steers have shown Is cents decline
from a week ago, but this was not
forced until Wednesday. The market
undertone and sellers had to grant
stances.
Hogs.
After spectators and shippers had
filled up early at steady levels. prices
broke 500 cents, demand from pack
ers being poor. The best grade of
butchers and heavy weights were we'll
disposed of. but many of other sorts
were carried over.
Last weeks supply was very light
Packers were looking for 10000 hogs
last week, but the run in only about
100000 and local purchases around "a
600, against $4,000 the week before and
147, 000a year ago, shippers having taken
larger proportion of the supply. The
five principal western markets report
but 25S,0O0, against 36S,000 the week be-
fore and 3S6,000 year ago. While this is
generally credited to scarcity in the
country, the fact must not be ignored
that hog growers have been busy
cleaning corn fields and have had lit
tie time to devote to hauling hogs 1t
is logical to expect an increase in the
movement when corn has been cleaned.
The talent is at seat as to what next
this will produce. Mondays guess is
for between $4,000 and 10000.
A year ago the cent hog was MAX
ing strenuous efforts to get into the
market arena On the corresponding
day last year s5.97h top was made,
spread of s5.70@59o taking the bulk
Provision stocks were accommodating at
that time instead of decreasing as at
present Describing market conditions
on that day, the Live Stock World
said: For most of the clean shipping
hogs it was a s5.s5d5.95 market, with
good to choice mixed at a spread Of
1857 V d5.S2h, few selling under $50.
Commoner and under weight mixed
sold at .55@5.671s. For good to
choice light, in the 100 to 200 pound
classes it was a $5.75 $3.50 market,
with under weight light at S5.40@5.70.
For pigs it was s425@53O market,
according to weight, little pigs being
mean sellers. Packers in pieces CT
loads sold at s5.25 $3.50 and stays at
s4.75@5.25."
| Sheep prices We're unchanged, and
the market was very dull and uninter-
esting Lambs We're steady.
Southern lambs are coming better
quality than anticipated. tho sew
eral cases of scab have been found in
the shipments this week. The gen
eral quality of the receipts here last
week has been very poor, consisting
mostly of small lots of mixed stuff
from farmers and only half fat. About
two thirds of the receipts last week
went to the packers
There is urgent demand for breed
ing ewes; in fact, they show a little
higher prices than one week ago
Young, black-face ewes are selling
from 51s to cents. Country buyers
are cautioned to be careful in buying
heavy native ewes from now on as
they are apt to sell down so cents ia
81 as soon as westerns commence to
move freely, which will soon be the
case. They also get wide margin
in spring lambs as they, too, will sell
lower. especially the common and ne
dunn kinds. Choice clipped lambs an6
yearlings will probably command q
very good price during the next few
weeks on account of the marked scar.
city Of these particular grades.
Chicago Livestock.
Chicago, June 21.-Cattle-Es Estimated
receipts for today. $4,000; opene.
steady.
BeeVes ......s.s... 5.15@72l
Texas steers .............s 4.60@6.1
Western steers ...........s 4.75@6.2
Stockers and feeders ...., 3.60@5.5
Cows and heifers ......... 2.40@6.2
Calves ........ ............ 5.75@77
Hogs-Estimated receipts for today
10000; opened steady to shade lower.
Light 100000. ............ 7.35@7.9
Mixed ...... ............s. 750@8.1
Heavy $4,000. ........... 7.6O@8.1
Rough .......... ......... T60@7.S
Good to choice heayy...... 7.sO@8.1
Bulk OF sales ............., 7.75@8.O
Sheep-Estimated receipts for toda,
1900: opened weak ~