Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-06-07
Tho Chicago grain board was not
In session today, because of the
municipal election.

In session today, because of the
municipal election.
Chicago, June 7.-Cattle-trade was
slow, at steady prices. Some choice
steers sold at slight gains. but the
only kind that engendered any compe-
tition, was handyweight sorts, and
they were scarce. Good class cows
found a good outlet while other kinds
were hard TO sell. Receipts were fully
adequate for the demand of trade.
With the hogs at highest price of the
year it is doubtful If feeders will cut
loose cattle which they are feeding in
connection with hogs, since the market
ahead for steers promises we'll, ans,
surely there is nothing in the outlook
for the future as regards hog trade
which should cause any uneasiness
among the owners. Conservative mar
keting of steers is in order and should
prevail in the later weeks this month
The country has generally been look
ing to June markets to establish some
high levels and disappointment is not
likely If the feeders operate on a
conservative basis. Beef demands are
still reasonably broad, but whenever
there is a little surplus of marketings
naturally a price break is had
Buyers are laying plans TO force the
general cattle market lower. and only
light receipts will block their game a
good many Texas cattle are in sight for
this week
Not many grass fed steers have
shown up thus far in the season. but
within the next two weeks the trade
looks for liberal SUPPLY Of grassers
and serious price breaks viii be Of nat
ural consequence
Hogs.
Prices opened STEADY % cents low
er. bur better demand developing.
there was a gradual Improvement. the
market closing fuily steady al last
weeks closing quotations Shippers
were strong buyers all day.
Recently rain has been responsible
for an Increase in supply and liberal
downpour is reported by many sections
during the past few days. Shippers
have made money and ii is a combina-
ton OF conditions calculated 10 start
movement
The advance from the low spot last
Tuesday 70 the high point Friday was
practically 40 cents. Some of it was
eliminated before the close SATURDAY.
but it was a phenomenal week never
theless, when the season and the
heighth of the market is considered
After such a bulge a reaction was
looked for
Receipts here for the week were 81
800 short Of previous week and about
1000 larger than a year ago. yet the
total at 129,l0o stood nearly $4,000 be-
Cow the general average total of the
corresponding week during the past
ten years. The weeks average weight
was estimated at 216 lbs. against 2ls
IBIS previous week, heaviest week since
last September. zig lbs year ago and
236 lbs two years ago.
The average price Of hogs was high
est since March, 1903. or s7.42l5,
against s7.34 previous week, $3.50
year ago and 1924 Two years ago. Top
hogs sold at $3.50. being highest for
June since 1902, and barring that YEAR
highest for June since 1882, when
$3.50 was paid. n June. 1902, 1886
was top.
Sheep wsra steadt On most grades,
but offerings showed nothing Of quail
tty. Prime spring lambs were in good
request, but anything Of a strictly high
class, was hard TO find.
Never before have spring lambs sold
at discount under fed lambs Of las
years crop. The rule has been en-
phatically reversed this year and even
trade experts can not ascribe the cause.
Robert Matheson, the Swift buyer,
commenting on IL a few days ago,
predicted that fed stuff must decline
or springers command more money,
but market conditions have not
changed About 5000 of the best
spring lambs Tennessee ever sent TO
market sold in Louisville last NIonday
at 81 cents while at Chicago wooded
Colorados of last years crop were
quoted UP to $3.50 and shorn lambs
to $3.50. The market has been very
disappointing to shippers of spring
lambs and is TO be explained only by
current scarcity of last years lambs.
the Colorado crop having been reduced
to meager proportions al the earliest
date on record. Spring lambs are no.
suited to chop trade and the heavier
Colorados must be utilized for that
purpose. Had the $4,000 shortage al
Chicago in May, mostly represented by
Colorados, not existed it is probable
that springers would have commanded
their usual premium. AS it was the
South has been too hasty in seeking
the market this year. Until June the
: public calls for only small quantities
OF spring lamb.
Chicago Livestock.
Chicago, June 7.-Cattle-Estimate
receipts for today, 10000; opened strong
Z to 10 cents higher.