Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-06-28
MARKET STRONG AND 5 CENTS
ABOVE THURSDAYS LEV
ELS.
STRENGTH IN CATTLE,
SUPPLIES BEING LIGHT
Lower Grade and Medium steers
Bringing More Than Relative Values
Hope Ahead For Sharp Advances
in Hoss-Rsvisw Of Market condi.
tions-currsnt Quotations.

| Chicago, June 2S.-The hog market
showed strength today, receipts being
moderate and bidding active. Prices
best time.
for sharply advanced prices in the
trade during the next few months.
Breeding sows are being cashed in
heavy volume and the country appears
inclined to depend upon spring gifts to
! produce the coming years big crop.
This will eventually mean shorter
| supply of matured hogs for market
and since hog meat Is cheapest on the
list now, its demand should improve
rather than decrease. There is scant
prospect for materially lower cattle
and sheep prices, and the public, being
inclined to buy that which is cheapest,
should go to the pork cuts with rush.
Just now hog owners are not averse
TO selling freely whenever $500 can
be had at loading points. and this is
insuring the trade a generous run Of
porcine stock. but later on, saw the
hopefuls. $3.50 will have to be paid at
the country points. and there are even
predictions of $500 for fall buying in
the country, all of which. in event OF
ma terialization, will only mean corre-
spending advances at market.
Cattle.
Cattle receipts were marked up at
only 1000. and there was sufficient de-
mand to give strength to the market
for all grades.
Lower grade and medium steers have
been bringing more than their relative
value as compared with finished
beeves. The $500 cattle of two weeks
ago. as we'll as the $3.50 stuff. was
higher costing in the beef than were
the s-centers. and killers at that time
made no effort to hide their intention
Of hammering the market for the
cheaper grades as soon as opportunity
presented. The opportunity has come.
In the past two weeks the supplies OF
grass and short-fed steers have been
here heavier than for like period in
long time. Chicago run this week
stands 44,S00 in four days and while
there is shrinkage OF $500 from
week ago, It is still a crop larger than
received in several weeks previous to
last week Ninety six thousand cat
tie at Chicago in the past ten business
days has been a quite generous run
and afforded the killers chance to
pile up surplus Of beef and thus be
in position to fight values for the
common, plain and medium steers. Six
markets run for the past two weeks
has likewise been quite generous as
compared with earlier in the month.
and the good picking Of grass cattle
had by killers in the west has naturally
been an aid to the buyers here in
MASKING values. AS general result Il
lot of s6.50@s.Oo steers are 40@75 cents
lower than high time two weeks ago.
All these bad conditions governing
the trade in the lowed dressing cattle
fail to affect conditions higher up. The
strictly good to choice and prime heavy
steers, as we'll as toppy yearlings. are
holding nearly as high as ever, altho
they were lower on Wednesday. The
later improvement In trade for such
kinds, however, puts them back as high
as week ago and the trade is holding
no fears Of ability to keep the top
notch beeves selling at top-notch
prices of the year, since there are
hardly enough Of these grades coming
to supply demands.
Sheep.