Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-06-15
GIVE SURPRISING SUPPORT TO
MARKET AND PRICES AD-
VANCE SHARPLY.
ADVANCE OF 10 TO is CENTS
ON BULK OF OFFERINGS
Some Sales Made at Prices 20 Cents
Above Tuesdays close-Attitude Of
Packers Not Predicted
Slump in Steer Trade Fails to Ma
teriaIlze.
teriallze.

ONlCaSO, June I0.-t1OS prices were
up again today. Packers gave sur
prising support. and gains OF 100 Is
cents were registered on the bulk. and
in many cases 20 cents. compared with
the average of the previous session
The support given the market by the
packers was surprise to the sellers.
and II is evident the big killers do not
care to permit prices TO decline just
yet Their object is not clear.
The recent break put the country
m arket below a 9-cent basis. which
may check the run as shippers say
bids below cents in the country are
promptly turned down.
a leader in the provision trade said:
"Fresh pork trade Is good and is like
~ TO continue so because OF higher
prices for beef Believe packers viii
find It difficult to accumulate much
product even tho we ger an occasional
good run of hogs"
Seventy-four thousand hogs were re-
ceived al eleven markets Tuesday, or
5000 more than a week ago, 10.4o0
more than a year ago and 80 500 less
than two years ago. Cilicago's total
was 1000 larger than a week ago, $500
larger than a year ago and 5000 small
er than two years ago Kansas City
received 1000 more than week ago
and 1000 less than a year ago. Owing
10 foods Kansas City received no hogs
two years ago. Omaha received 5000
more than a week ago and 1900 more
than year ago. ST. Louis had 5000
more than A. week ago and 5000 more
than a year ago.
Combined receipts at eleven market
first two days Of this week $1,000. or
3 1000 more than week ago. $4,000
more than a year ago and 1900 less
thar Two years ago. Thus far this
YEAR eleven markets received 1922 900,
or about 1000 900 less than a year ago
and 100000 less than same period Of
1908
Cattle We're uneven. At the outset
It was believed the bulk of cattle
would sell off 10915 cents, but there
was a far market for the better grades
and late in the day it was figured there
was little change on steers which made
So or better. Actual top for prime
steers was as high as on Monday, ss.75.
For TWO days this week the run
stands al 29,500, against 22,95s a week
ago and 2o.544 a year ago. and Of this
crop the killers have had TO take more
than their usual quota Last week the
local packers bought practically all Of
the surplus arrivals, as compared with
the week previous, and II appears that
again this week the sellers will have TO
look toward the local killers for biggest
support.
A surplus OF beef is thus being OBJ
tanned by the killers. who claim that
the outlet is poorer than recently. Wide
publicity is being given a reported little
boost IN retail prices, and this tends TO
cut down the consumptive demand, all
tho the wholesale beef markets are re-
ported only steady with last week. The
jump from cool weather into a period
of high temperatures IS another de-
terrent factor in the beef market. and
with the increased supplies this week
decline in prices comes as logical
conclusion.
Sheep.
The sheep trade was IN deplorabl
condition, and with a run which ex-
ceeaed the first estimates packers had
things almost as they wanted them
and We're able to force both sheep and
lambs almost a fiat so cents lower be-
for the close Of the session. Extreme
top for spring lambs was $3.50.