Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-06-19

| Nnlcago, June l9.--fiOgS had a better
tone today, and gained 5 to 10 cents.
/ y top OF 500 was paid for prime lights
and packers paid as high as $3.50, the
bulk selling al 1925 and $3.50 on the
late market Offerings were we'll clean
! ed up.
/ Continued heavy hog receipts. espe-
,ially at Missouri river points, find an
/ encouraging market. Prices have been
well maintained and the trade shows
gratifying stability. Weight has sold
! right up with bacon hogs recently,
/ demonstrating not only that lard con-
sumption is fully equal to current sup
| ply, but that packers prefer the ma
! tured hog by reason Of its superior
| yielding capacity. orders for product
! are pouring i'll from all over the civ
il.Zad world. Packers are hearing from
customers who We're silent during the
period Of prohibitive prices. Dom este
as WyIl as foreign consumption is at
rising tide, and even a considerable
advance over present prices would
probably not check il.
| Such good buying Of increased re-
ccipts suggests a correspondingly good
CONSurlptiVc demand. 1t is hopeful
4 : 81 IpI Tie producers. JUNE was tS-
pected by many in the trade TO be the
worst month Of the year 70 date as
regards prices. but conditions are turn
! ing out quite satisfactorily not because
of the packers especial willingness TO
put the market up, but rather because
they are finding a reasonably good out
let for the product. and thus are not
| in q mood to spoil prospect OF a fairly
| liberal supply by attempting 70 bear
| the situation when bearish tendency is
| not plainly evident.
Cattle.
Cattle We're slow. with only a few OF
| The better sorts Of corn-fed steers sell
| !ngup to steady prices, and the bulk
! and common and medium sorts 10 cents
lower. Butcher stock was also weak.
Up to s5.50I5 SIS steers are getting
| lot Of competition from Texas, Kansas
| ard Nebraska Erassers. The latter arc
| killing out relatively cheapest beef, and
since packers are getting lot Of that
stuff in the west they are content to
| buy as little OF it as possible here.
| These grades, however. are coming
more freely now than any time this
season, and larger proportion of them
will be in the runs during the next few
weeks. This presages still meaner
| zeal IOE lNdl hIlIC. WINE Inc uulICoh
! favors a good general market for I'm
! shed stuff, which makes predictions of
| still wider price spread seem certain Of
! materialzing. The spread now Is con-
| siderably wider than a few weeks ago.
\ lot Of strictly choice stuff is going
above 1926, while only a short time
ago il took the same kinds to land at
Sc.
on the other hand, the killers are
getting more cattle below $500 than re-
! Gently, and altho they are dressing
. out only 80 to SO per cent the beef is
| not kind to be sneered at, since it is
relatively cheap. Still the Texas stuff
| IS cheaper. and for this reason it is
getting better favor from packers than
! the common ard medium natives.
Exporters did a shorter business in
| the past week a result Of lower prices
abroad They rarely paid above 500
/ for steers. but put up pretty fair com
, petition for kinds around Sc. Canadian
| situation has been fairly satisfactory
ito the export operators, and this was
also a factor in reducing foreign call
here
Sheep.
sheer anu lambs opened steady. hest
spring lambs showing strength, but the
market weakened. and 1t proved marc
to dispose of wethe-s. All save prime
sp-ngcrs looked q little weak.
! Lambs Of this seasons crop have
/ preGominated among the native re-
ceipts Louisville has had a smaller
run than week ago declines recently
! having checked the marketing. and the
direct contingent TO Chicago packers
from that source has been cut down
to about IS. 800. against $4,000 in previ
Gus week This has been a helpful
influence In recent days, and the best
native springs are now quotabie fully
steady with a week ago The range in
prices is extremely wide, as a lot o.
common light lambs are coming.
class that is likely 10 increase unless
dr. sections OF southwestern Illinois.
Missouri and other states get rains
within the near future. a lot Of
! springs sold at s6.25d 6.s5. and culls
ranged from $4,000 800. but $500 is
! common price for good killers at the
close ana best sell up TO 1925.