Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-06-19
STEERS WEAK, LOVER.
DRY FED cows HIGHER, AND
OTHER GRADES BETTER THAN
LAST WEEK..
TOP PRICE FOR HOGS,
HIGHEST SINCE 1902
The General Market Also, Ruled Steady
to Five Higher, Tho Packers Came
Into the Trade Late-scaIpers and
Shippers Pay Highest Prices-sheep
and Lambs Trade Slow.

and Lambs Trade Slow.
Chicago, June 19.-Cattle-Receip
We're meager and the market was
nominal. Steers closed weak and 100
% cents lower; dry fed cows 15@ Is
cents higher and other grades steady
to Is cents better than last week.
This week will go on record as the
lightest from the standpoint of re-
ceipts this year and one of the light
est in many years. Buyers are be-
ginning to wonder if it is an index
TO the supply available in the coun-
try. The total receipts for the week
are only $1,000, against $4,000 last
week. and $4,000 a year ago. Last
years big supply was due mainly to
the sensational bulge in high prices
which stimulated considerable activi-
~ in shipping circles. Demand this
week was very limited. and the mar
ket was surprisingly dull and bad
considering the small number of cat
tie offered. At the outside markets
receipts We're also small and the to-
/ tai supply at all points was far be-
low normal. The apathetic DISPOSE
ton of buyers this week shows that
there must be something the matter
with the outlet for beef. Eastern or
ders have been cut down and compe-
( tition from that source this week was
slim. Local buyers were equally in
different and SO, in spite of the small
contribution the market was bad and
showed a sharp decline. A few of
the steers right up TO the extreme top
did not show much reduction, but
about all of the good to choice cattle
are 10G15 cents lower than a week
ago. This applies mainly to the s6.s0@
40 kind. The medium TO good steers
sold at s6d660 late in the week and
are 15d 25 cents lower than week
ago The light grassy stuff met with a
weak demand and are also 1925 cents
lower than at the close of last week.
+ selling largely at s5.25d5.75, with
inferior down toss. Exporters bought
fairly we'll on the opening day of the
/ week but have been quiet since. They
purchased at seG6.60, the best end go
ing to London. The bad finish of the
market will probably result in anoth-
er small run next week.
Hogs.
The top price, $50, was the highest
price paid since 1902. The general
market ruled steady to cents higher.
scalpers and shippers paying the high
est prices early. Packers were late in
coming into trade. Today's top was
371a higher than last Saturday.
Iowa farmers will not stop blowing
corn to ship hogs even at the presen,
high prices, and this tells the story
of the apparent hog shortage of the
current week. Locally the supply is
around $1,000 less than year ago
while the five principal western mar
kets report a decrease Of close to 100.-
600. Some of this represents actual
/ shortage, but much of it means thai
suppression Of the crop of weeds Is CT
paramount interest to people in the
country.
Local packers who were expecting
10000 hogs this week have been COM
PEELED TO revise their guesstimate
Their share Of the crop has been very
light this week. A year ago the five
day local purchases aggregated 1884,
coo, against 1900 this week. Las
week in Ave days local killers got 49,.
600. Shipping demand. in other words
has not waned to the same extent a.
supply. Local receipts for June are
l06,00 less than last year.
Sheep.
Only two loads of lambs were on the
open market the rest of the small re-
ceipts being consigned direct to pack
ers Trade was very slow for bott
sheep and lambs. The latter CLOSED
weak and so cents lower than a weel
ago and while sheep haven't lost a!
much, they have been in sympath,
! with lambs
Spring lambs have been lower an,
they are headed persistently that wa,
owing to heavy run in a more o.
less independent position so far a.
the local market is concerned. Their
we're twenty doubles direct to packer
from the Ohio river that cost 1926 a
Louisville yesterday. Locally the mar
ket is 5o@75 cents lower on sprin,
lambs for the week. A well-sortet
bunch made 80 today, and that kin,
does not show the full advance. but tn
general run of fair to pretty goo
spring lambs selling at sS.00@S.75 hav
been severely scaled down Ohio rive
J, advices are to the effect that the firs
. picking of the Tennessee crop is abou
s in, but that Kentucky stuff will ru1
2 freely from now on. Later on secon
picking will be available and the south
ern crop will last until August DUAL
: ity of southern stuff has been bette
s than usual, but growers have made tn
i mistake of not sending it to norther
! markets for sale where it would ge
I the benefit of competition. AS long a
e the present practice is pursued tn