Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-06-17

Chicago. June l7.-Geceral advances
in hogs today were about cents over
the best time of yesterdays market. A
few OF the big sellers bid rish: up with
sea pcrs for good hogs. and the top
:or prime Sorts was Sc.55.
Cattle.
Cattle were nominal. There was no
actual market.
GOOD 10 choice corn-ted steers are
having market a! their own. That
kind now shows largely 10 cents ad-
vance over a week ago and there nave
been spots which showed greater gain
1t IS distinctly a strong shipper and
packer cal! FOR them which = elfect!ng
the price Improvement. Exporters. on
the other hand, have not done mue2
this week since lower prices abroad
of thu demand 10 considerable extent.
The proportion OF dry lot steers here
Monday and Wednesday was liberal,
and the fact that there was good de-
nand for them indicates a strong
consumer preference for good hee..
Yea-I!ngs Of best grade. 100. are show
ing r. LITTLE better price level than last
week. but the yearltngs. as wei
as medium quality yearlicgs. are -ela-
lively no better sellers than medium
and warmed up 100 TO 1900 pound
grades Such kinds are holding on
price level no better than week ago
IN fact, the stuff sold OF late at $3.50
$50 has been hard 10 move at the
prices and the trade IS still figuring
that these classes are due for cont:n-
ued mean demand as long as Texans
ard the Kansas ard Nebraska grassers.
latter coming from dry weather terri
tory. continue 20 move freely into
western markets.
supply situation at Chicago this
week has been moderate. Five days
totals stand $500 against 46,l43 a
week ago and 1884 a year ago. At the
vest runs have been heavy. as ind!-
Gated By the generous increase in six
markets total receipts. Five days run
at these points stand $4,000 against
10000 week ago and $4,000 year
go. while showing 1000 increase over
Two years ago. Thus il is the unload
ing Of western and Texas pastures
which Is having serious effect on the
market for medium and lower grade
steers. while the fact that the corn
BELT holdings OF good TO choice corn
FED steers ara comparatively short now
IS the booming Influence in trade for
these classes
Sheep.
Live n7uttons were arm. One load Of
lambs vas offered Ills morning. and
buv=-. we're eager for the animals.
Lamb trade seemed 70 nave reached
sort Of permanent basis, as prices this
--eek have not been subject 10 sharp
fluctuations.
n
OF sheep and lambs from last weeks
record June rna-ke,ings has checked
the down grade tail OF values for the
good TO choice classes since Tuesday
and Improvement since that day has
Offset the declines enforced early i.
the week on the most desirable classes
but getting away from the scarce good
20 choice kinds, the market is weak
20 Ureverly lower than 2 week ago.
The decline is most pronounced on
siopp- kind OF extra heavy ewes and
cul, stuff al good fat classes closing
Heu UP TO last weeks closing basis
Divine trash continues 70 burden the
market. and owing to its quantity and
the lack Of dependable feeder demand
Il is humping bedrock prices. Some
trashy little spring lambs are coming
that are practically worthless for
slaughter and packers vii! not honor
many Of them with bids. Not few
.: sucn trash have sold down to s3.G0M
80 per cwt the last few days. Wher
ever conditions are such that they can
be held back that policy should be pur-
sued. Cuu sheep ara also experience
ing most demoralized market and
thin kinds that can eat grass ought not
20 be sacrificed where the owner has
grass 70 run them on.