Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-06-08
PACKERS COME INTO MARKET
LATE WHEN MARKET HAD Ap.
JUSTED ITSELF.
BULK OF SALES MADE
AT ADVANCE OF CENTS
Best Sell at $6.25-Some Steers Sell at
Slightly Better Prices-Choice Year.
ly Stock Eagerly Soueht-No Activ.
ity in Butcher Trade-Sheep Dull and
Lower at End of Session.

| i've buyers U HoSS toudS. pay lIlS 1V
cents advance over yesterdays prices
Packers We're not in the early trade
| but later were good buyers when the
market had adjusted itself to a more
! settled basis. Bulk of hogs ruled S
cents higher Best sold at $6.25.
| Six cents appears to be the pivotal
point in the hog market When the
common price drops below that point
| packers buy greedily, but on the in
evitable reaction they hold their buy
ers in leash Yesterday they refused to
follow a 5000 advance and got few
hogs as the result. The market has &C
quired a fashion of swinging within a
narrow range Of about % cents per
cwt.. and stock yard opinion is that
no serious mutation of the price list
is likely to occur. Early farrowed pigs
are now being weaned and sows Will
be promptly thrown on grass and corn
to be fattened. If present prices are
maintained there viii be d disp os;t!en
to make them weighty, but break
would start liquidation. Fattening a
SOW that has raised litter of pigs at
the current price Of corn is a certain
| method of amassing wealth in reason
able quantities, and growers know 1t.
Combined receipts Of hogs at eleven
markets Wednesday totaled 111,000,
or 4,300 less than week ago. $4,000 more
than a year ago and 1880 more than
corresponding Wednesday two years
ago. Chicago had 1000 less than week
ago and 10000 more than year ago.
Kansas City had 5000 less than week
ago and 5000 m ore than year ago. On
aha had 5000 more than week ago and
5000 more than year ago. st. Louis had
1000 less than week ago and 5000 more
than year ago. ST. Joseph had 5000 less
than week ago and 1000 more than
year ago. Sioux City had 1000 more
than week ago and 5000 more than
year ago. Total thus far this week
$4,000 or $4,000 less than same time
last week. 81 900 more than like period
last year and 1000 less than CORE
spending three days two years ago. To-
tai for 1911 to date 10,S47,0o0, or g.
514 600 more than same period In 1910
| and $4,000 less than corresponding
time in 1909.
Cattle.
| In the cattle trade there were some
steers sold at slightly stronger prices.
Low price steers and butcher stock did
! not show any activity, but good choice
| yearlng stuff was actively sought
There was an unusually large percent
age Of beef cattle. One prime lot
| reached 500.
Wednesdays supply carried the
shortest proportion of finished cattle
of all weights In months, suggesting
that the winter-fed crop has been
pretty we'll cleaned up. When buyers
got into the saddle they lost no time in
working on the good ones and stuff
selling below the cent line was let Sc
verely alone at that stage. Both year.
| lings and heavy cattle made $40, the
| yearlings being steers and heifers
mixed. The buyer insisted that he
bought the same kind Monday at 1925;
the seller called them a dime higher.
Exporters paid up to 1925 for London
cattle This outlet has been wide open
this week purchasing on British ac-
count Monday and Tuesday having
been 1873 cars, with a prospect that zoe
cars will be taken before the end Of the
week Toronto is not affording the easy
picking exporters had anticipated at
this season. A letter from that market
says the whole Canadian west from
/ Winnipeg to Vancouver, is drawing on
that market for beef. The Harris
people shipped twenty-one loads from
| Toronto to Winnipeg on Monday and
| the Canadian market is expected tc
show a healthy tone until grassers be-
! gin running and the Canadian crop OF
| grass beef will be short this year.
| Sheep.
| The early market for sheep and
| lambs was a little more than nominal
Before the close the market became
dull and lower, except on some Of the
mature stuff, which held about steady
| Chicago Livestock.
Chicago, June 5.-Cattle-Estimated
receipts for today. 5000; market open