Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-06-12
COMMON, uNDERGRADE STUFF
CLOSES WEEK TEN TO FIJI
TEEN LOWER, HOWEVER.
HOG PRICES CLOSE LOWER
THAN LAST SATURDAY
Today's Market Strong on Good De-
mand, Outsiders Absorbing Most of
the offerinss-LocaI Killers Forced
to Pay Stronger Priees-sheep Low
er, Lambs Generally Higher.

Chicago, June 12.-Cattle were nom
inally steady Buyers, on shipping de-
mand, have shown fair degree of ac-
tivity this week, but exporters were
not very good buyers. Prices for all
good cattle of describable weight,
close steady, but common undergrade
stuff is from 10 to Is cents lower.
The period of depression in medium
and common steer trade is likely to
continue. Native grass fed steers will
come more freely in the next few
weeks and there is also a liberal run
of Texans in sight, which should afford
the killers plenty of medium and cheap
priced beef. The rather light runs of
the lower priced grades this week as
we'll as last proved sufficient to fill
killers demands and unless the beef
outlet broadens sellers say there can
hardly be much improvement in the
trade for $500 and lower classes.
The trade. on the other hand, is not
entertaining fears of continued depres-
sion in the market for strictly good to
choice steers. These held their own this
week, but had there been normal buy
| ing orders the prices doubtless would
have shown goodly gain. Feed lots
do not appear to hold any very liberal
number of really good to choice grades
and there is a feeling of confidence
among sells relative to later markets
this month. Some high prices were
anticipated for June markets and SELL
ers still have hopes of naturalization
of at least higher range than now
prevails.
Hogs.
| Hogs were strong on good shipping
demand. Outsiders absorbed most of
the offerings. and local killers were
forced to pay stronger prices for their
needs. The week closes with prices 10
to Is cents below those of last Sat-
urday, light mixed stuff being weak
est.
Liberal receipts and lack Of shipping
competition were the trade features
this week. Supply here is 10000 heavier
than last week and fully equal to the
run of the corresponding time last
year. The five western markets had
considerably heavier run than last
week or year ago, and the five-day
supply at these points is approximately
$4,000, against 298,000 last week and
275,000 a year ago.
Stocks of provisions in Chicago. as
estimated by Morris Schwabacker,
show an increase of 5000 brls of new
pork since the first of the month, with
other stocks practically unchanged.
Sheep.
Sheep were nominally unchanged,
and sheep close the week so to. 76
cents lower than the close last week,
while lambs are generally rs cents
higher.
First range sheep of the season ar
rived on Wednesday from Washington.
Some New Mexican sheep also showed
up. Ali offerings were shern Wash
ington yearlings reached $3.50, or the
highest in the history of the trade,
while other lots sold at 6.75@7.15, with
a big string of feeders at, $50. Ewes
made s5.15@5.25, with seconds at s4.25.
Wethers landed at s5.25@5.5O. with
feeding end at $3.50. New Mexican
wethers to killers made $4.S0@5.1O,
while feeders bought their class at
| $4.25.
Chicaoo Iivestoek