Evening times-Republican., 1911-06-07

rant a stronger tone. Top for hogs
reached $500. Before the close pack
ers came in at prices that looked about
steady with the average yesterday.
There appears reasonably healthy
demand for hogs. Also the early June
run is not coming up to the predictions
made for it. The country is merchar-
dlSlng the summer crop with good
judgment, thereby putting a check on
the ayaricious designs of certain pack
ers who stated some weeks ago that
| market would better suit them on IS
| @5.50 basis than above s6. Just now
little is going below Sc and there is a
fair prospect of the current prices be-
ing maintained as long as the country
! continues to show the same good judg-
ment in shipping moderately.
Nothing in the demand, either on
packer or shipper account, indicates
a furry among the buyers to Ali their
needs, but there is an undertone Of
| general stability to the trade which
many had not looked for and which
comes, therefore, as an agreeable sur
| prise. Continuance Of this situation
rests with the producer alone.
Combined receipts Of hogs at eleven
markets Tuesday rotaled S0.S0O, or 49,
! 700 less than week ago, 10000 more
than year ago and e,7o0 less than cor
| responding Tuesday two years ago
| Chicago received 5000 less than week
ago and 1900 more than year ago,
Kansas City had 5000 less than week
| ago and 5000 more than year ago On
aha had 900 less than week ago and
4,600 more than year ago. st. Louis
| had 1000 less than week ago and 5000
more than year ago. st. Joseph had A.
| 400 less than week ago. Total thus far
this week 175,000 or $4,000 less than
same time last week, $4,000 more tnan
/ like period last year and 24,000 less
than corresponding two days two years
| ago. Total for 1911 to date 1o,733.o0O.
or 2,4S2, 600 more than same period 1917
and 10000 less than corresponding
time 1909.
| Cattle.
Cattle were generally steady There
was a big percentage Of steers and
most Of them were Of good quality.
Early transactions were chiefly in
butcher stock Good steers sold at
| Mondays prices, the bulk being sold at
s565 and s61o. Primes were quoted
at s5.9O@6.3o.
| Hardest work was experienced in
cashing 900 to lilo lb steers OF common
! TO medium grade, which went at s5.25
| d5.70. These kinds had very little re-,
/ liable demand. The Texas cattle which
i the killers are getting at other markets
within a spread of s4.70@5.25 are kill
! ing out quite q good and they are the
! chief competitors against medium and
plain grade natives as we'll as the stuff
which has had little corn. That the
market for these latter is in sick
condition needs no general acclaim. 1t
has been bad for some time past and
| is getting worse.
| AS the more of this stuff comes for
! ward from native pastures and to COM
pete with the southwestern cattle the
trade can only look forward to probable
, continued mean conditions. and there
! is no certainty that killers will not
! force still lower prices for the mediocre
sorts of native steers. Prices spread
! between these and the good to choice
dry lot steers is aleardy widening. 1t
| has broadened about CSC in the last
week and things are tending further
| that way. altho the extent of probable
decline for medium and lower-priced
grades and UP turn for choice to prime
! kinds will naturally depend upon the
extent of the supplies Of these classes.
| The higher quality kinds are getting
scarcer. This was evidenced in the
Monday supply, and the opinion pre-
walls that they will be relatively short
! among receipts in the next few weeks,
since the country having become dis
| couraged over prospects some weeks
| ago, shipped them freely and for a
| long time they have been selling close
to the same basis paid for cattle which
normally sell s1.o0n1.50 cheaper than
! highly finished kinds.
This was true a year ago, when
prime steers were landing at 1880
| SIS and s7.25@ 500 bought good to
choice, while a lot Of plain and medi-
uns went at sse0@7.0o, with common
down to s5.65. The trade is not antici-
pating a widening spread Of values to
finally reach the broad range at which
! cattle sold last summer, altho 1t is more
or less reasonable to assume that the
spread a month from now will be much
wider than at present, since all signs
point to moderately liberal supplies of
, the grassy and warmed up natives as
1 we'll as a generous run OF Texas stuff,
! but on the other hand the country does
not appear to hold any very big sup
plies of long fed stuff. and with the
stillers moving freely now. they should
! be pretty well out Of the way few
weeks hence. With the stopper crop
gone it will be a case OF killers de-
pending entirely on corn cattle for sup
ply choice beef demands.
Sheep.
Sheep held steady but lambs were
| inclined to sell lower. Near the close
some sales were made at 15 cents de-
cline.
Chicago Livestock.
| Chicago, June 7.-Cattle-EsttHnated
receipts for today, 1900; market OPEN
! ed strong for good grades: others weak.
Beeyes ... ........ 575@G.50
Texas steers ..-,.,.. 450@5.S0