Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-06-11
HOGS FINISH LOWER
DECLINE OF S TO 10 CENTS UN-
DER FRIDAYS BEST
FIGURES.
RECENT ADVANCES SHOW
TEMPER OF THE SHIPPERS
Feed Lots Locked Up When Prices Go
Too Low Cattle Trade Closing
Week With Gratifying Record For
Feeders-Light Run of Sheep-Re-
view of Market Conditions.

a decline of to 10 cents from Fri
days best Bulk of hogs landed close
TO $3.50. with top al s970 for one load
iof light butcher hogs.
! Receipts in the west are decidedly
deficient this week. The five markets
report about 100000 so far this week.
against $4,000 last week and 1000
a year ago.
What will happen next week defies
prophecy. Logically. country buyers
ought to be busy taking all they can
! get on a Scent basis at home, but
they may be apprehensive of just such
! d break as occurred late last week if
/ a rush marketWard occurs next week.
i and act cautiously. While market
! sentiment is not bearish, experience
i recently has demonstrated that only
! q few hogs more than are actually
needed TO satisfy trade requirements
| for the day. exert a depressing in
| fiuence and packers are on the alert
! for every opportunity TO take off a
dime, or a nickel. and thus reduce
| average cost for the season a few cents.
| Expansion of the marketward move
ment yesterday shows that if the grow
er is disposed to put hogs under lock
and key when the country market
drops below cents, he is equally dis
posed to accept 9 cents or better.
| Meanwhile he is selling neither light
! hogs nor pigs and that will be his pol
| icy all summer Not enough pigs are
| coming to fill a one seated buggy and
shippers want them badly. One east
ern buyer said that he would pay 9.65
| for the right kind of pigs.
Cattle.
Cattle were steady but only nominal
quotations We're used.
| The whole weeks trade has been one
! of the best in recent months and firmly
established high rates for choice steers
| point TO probably still higher levels in
| the near future. Predictions of 50 for
choice steers before the end of the
Month are being freely made, altho the
trade is still figuring that wide price
| spread between common to choice
| elias ses will continue. Grassy natives
are increasing in numbers, and even
tho the well-fed kinds meet broad
demand discrimination against the
greenish steers which always kill out
poorly will necessitate killers getting
them lower to offset poor killing quail
tiles. When the Texas CRASHED stuff is
moved freely the natives out of pasture
are expected to meet keen competition,
| but still the volume of beef marketin gs
J of all grades is not above consumptive
demands, and while the trade is looking
| forward to some exceptionally high
prices for choice to prime grades there
is little fear of a very big general slump
| for other classes.
Practically all of the surplus arrivals
! as against a week ago have found out
! let to the packers, the shipments to
eastern points being only at last weeks
volume, but since proportion of good to
choice grades was not much increased
over week ago the good demand from
1 shippers has held the higher priced
grades in strong favor and thus af-
forled them greatest advance. Packers
beef demands have broadened enough
TO force them to buy literally of the
medium and lower priced grades in
spite of numerous direct shipments of
( Texas cattle from other markets.
! Stillers have put the killers in good
/ stead this week. Without them they
would have been sorely up against a
tough proposition in filing demands for
/ Sigh class beef. Barring Monday the
proportion of choice corn-fed steers
was rather small. altho on that day
there We're plenty to go the rounds.
Monday advances We're only spotted on
this account, but since then the gen
eral market has worked higher for the
reason that killers had more orders on
the hooks than could be filled from
/ supplies available.
| Sheep.
| Sheep and lambs had a strong tone
on the few that We're offered, but the
| lots We're scattering, as most of the
run was southern lambs to the packers
direct.
| Events in the live mutton trade this
week have amply verified the prog
nostications of the trade made a week
ago. During the fore part of the week
prices advanced with lightning rapid
ity. and there has since been a fur
| Their gain III the market for fed sheep
and lambs. The last of the seasons
supply of Colorado fed lambs was
marketed on Thursday and prime class
closed the season on a 9 to 1910
basis, fully 25 cents higher than the
close last week. In a general way
the market is called 90 to IS cents
higher than last week on both sheep
and lambs but some of the medium
/ lambs have been put over, sort con-
sidered, at greater gain and showed
more advance than anything else.