Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-06-22

Chicago, June 22.-Packers refused
to enter into competition for hogs to-
day, and altho receipts were small the
! market was inclined to weakness.
Packers hope for heavy receipts Mon
day and a resultant break in prices.
/ Beneath the surface there is gossip to
the effect that packers are in perfect
accord with the rise in values: that
they-the packers-hope tc sell pro-
visions on the strength of a steadily
rising market for live product, which
sounds plausible when 1t is considered
that not a great many hogs have to
be purchased just now to effect jump
i'll prices.
The light receipts. however. are the
dominating factor. So far this week
Chica go has received 94.4s4 hogs. which
is decrease of 1855 as against the
first five days last week, 1903 less
than the same time gear ago, and
falling off Of 1887 as compared with
the corresponding five days two years
ago.
Combined receipts Of hogs at eleven
markets Friday totaled $500, or $4,000
less than a week ago, and showed the
same decrease compared with a year
ago, but showed a gain Of $500 COM
pared with .he corresponding Friday
two years ago. Kansas City and ST.
Joseph had as many as last Friday.
while ST. Paul was credited with lit
tie increase, but all other points re-
corded decreases. indianapolis re-
ceived as many as year ago, but
other markets reported smaller runs.
the decrease being $500 at st. Louis
and $500 at Kansas City. these two
markets showing the largest decreases.
Altho ST. Louis and Buffalo received
fewer hogs than TWO years ago. the
other points showed increases. Total
for five days this week 3s1 900, or 1885,
900 less than the same time last week.
100000 less than like period last year
and $4,000 less than the correspond
ing five days two years ago. Total
for 1912 to date 1906. 900, or $4,000
more than the same period 1911 and
3.7s3,000 more than the corresponding
! time 1870
| While there were not sufficient cattle
arriving today to make market. prices
were quoted as steady.
IF we get another such big run OF
grass steers next week as came this"
said the head buyers of a big packer
concern, there will be some very Sc
we're price pounding Early this week
we faced an empty cooler situation.
| but now conditions are different. There
| has been enough Of this green stuff
bought here and in the west this week
TO force some decided declines in the
beef market 500 nprovided we get an
other generous fun Of the grassy and
I light short-fed next week. These are
! the only kinds of steers which are cost
/ ing lower than a week ago. however.
! he asserted and practically all the corn
I feds of good to choice grade are selling
back on levels as good as high time
, last week.
( This statement was concurred in by
sellers as regards the strictly good to
choice beeves tho the recovery in prices
on Thursday did not offset all the early
week break for medium short fed
steers and 15625c decline from a
week ago was quoted for bulk Of the
s775ds.25 cattle. Still higher up 1t
has been a remarkably good demand.
the ss5od 800 cattle in the past two
days going a rates about as good as
week ago and more S9.00@9.40 sales
have been made this week than in any
week during the past forty-two years.
The market has established new top
for the forty-two year period, $3.50 be-
ing paid on four days this week for
strictly choice corn-fed beeveS averag-
ing 1895 to 1906 lbs. and stillers averag-
ing 1851 lbs also went at thi5 figure on
Thursday. and the price was 25c below
the record s,iller figure price Of 1915
in 1867
Heavy yearlings. choicelys :, finished.
have sold relatively strong all week. 4
few around 50. but the grassy year
ling stuff which had been given q little
corn just before shipping was quickly
detected by the killers as having small
beef making merit. and such kinds have
Of late hit the bumps hard in sympathy
with bigger cattle Of like quality.
The run for Ave days this week
stands $500, largest since week end
ing May II. last, and comparing with
i23.e5s in Ave days a week ago, 56.252 a
year ago and 57.s1s two years ago.
Shippers have taken 1900 of this
weeks crop. an increase Of $500 over q
week ago. and supply for local distribu-
ton has thus been 1880 larger than
last week Six markets had 6,400 cattle
Friday. against 1000 week ago and
$500 a year ago, while the six points
total for five days this week measures
10000. an increase Of 5000 over =
week ago and 10000 less than yeal
ago. while $4,000 short OF the crop al
six markets two years ago.
A lot Of traders revised their esti
! mates on the crop for next Monday.
market. putting estimates down to 49,,
: 600 TO $4,000 and calling them con
: sentative guesses as against Thursda,
estimates Of 10000 and more for mex
, Monday. believing that the country
becoming cognisant Of the teryth'
E slump In green CRASHED she stock thu
] week will choke OF supply OF this stuf
] for next week and also trim down tn
, marketing Of steers out Of pasture.
r sheep.
Sheep were STEADY today. recsipt'
being about 1000 head.
: chieaao liveseoek.
: Chicago. June 22.-Cattls-Estimat
: receipts for today. 200: market opene,
|. steady.
q n