Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-06-17
LIVESTOCK RECEIPTS IN EXCESS
OF DEMANDS AND QUOTATIONS
ARE MARKED DOWN.
CATTLE MOSTLY 10 CENTS
UNDER SATURDAYS LEVELS
Hog Trade Slow and Prices Down S to
10 Cents Compared to Saturdays
Averase-Sheep Market Slow But
Generally Stsady-Rsview Of Market
Conditions.

Chicago. June 1.-THE heaviest re-
j ceipts in weeks were marked up in the
cattle division today, indicating that
farmers have taken a respite from
field work Of sufficient length to mar
ket some Of their holdings. The mar
ket was weak and prices mostly 10
cents under last Saturday.
On a run Of $4,000 for the week, COM
pared with 1926 preceding week and
1869 year ago. killers We're sorely
up against beef shortage, in view OF a
little better demand in the east. and
likewise a good local call in spite OF
the stiff cost of beef at retail. The
packer and shipper buyers simply had
to throw of their bearish spell, which
has gripped them in the past few
weeks, and get right down to the brass
tacks Of the affair. bowling to inevitably
high prices and making the best OF
things a they found them.
There were only $500 cattle at six
marekts, and Chicago had the biggest
quota of fat bullocks. Killers thus had
to look this way for the well-fed strong
weights, as we'll as light steers, but
big quota of steers comprised light and
immature stuff, no small share CT
which came off grass. This was par
ticularly true Of the yearlings. only
few choice young cattle being here and
best of them, steers and heifers mixed,
sold at $40. equaling the top price OF
May, which was record for yearlings.
Some generous SUPPLIES of common
and plain yearling steers, such as
= foa6pY klnO.
moved into killer channels, ard this
supply. These were cattle attracted
prices such grades command now and
from the feeders standpoint the liqui-
dating policy can hardly be condemned,
even tho it will have strong eject III
cutting down native beef stocks next
fall These little steers sold largely
within a range Of 37.25@I75 and the
biggest share Of them were more of
high-zrade feeder than beef class.
The weeks average price Of $s.1o
stands highest for any week on record
in over forty years, or, in fact. the best
since average prices at market have
been compiled. This week the average
was $3.50 and year ago 1910 wnile
two years ago average prices was SI.3o.
A top of $3.50 was made two years ago
and year ago top was $3.50. Thus last
weeks top price stood $2.75 above
wear ago. while the average price
showed 81 gain over year ago.
The stiller crop has been running
freely into market of late. Illinois ana
Indiana slop-feds being sold here, whlie
considerable number OF Kentucky
stilIers have been bought at the feed
ing sheds mad either shipped direct
her siaghter or to the east. Anothef
liberal run Of Shoppers is looked for
this week. but the trade is predicting
that stiller supplies will run out much
sooner than usual this year. and when
there are few Shoppers to come Will
have been cut in the fat beef steer
crop.
Hogs.
The hog market was SLOW NeariE
30. 900 new arrivals were considered
more than sufficient for all needs, ana
packers were able to bid the market
down to 10 cents.
Traders are commencing to antici
pate widening Of the price range, IN
asmuch as more grassy hogs arc
showing up at the market which Will
cause packers to discriminate against
this stuff in favor Of corn-fed swine.
In the words of Harry Booth, head hoe
| buyer for s. & S.: Quality Is gradu-
| ally becoming poorer. II quality retro
grades as much next week as 1t dlo
last week and the week before, would
not be surprised to see the spread for
prices on droves now differing from
+ to Is cents to widen to 5 to so cents
The range has been surprisingly mar
row of late and the time fer change
| is coming in the immediate future.
Packers were able last week to get
many pounds of pork in excess OF the
! preceding week, as not only was the
run of hogs larger than the preceding
week. but the shipments were smaller
! Then the average weight for the week
was estimated at 236 pounds, or the
heaviest Of the year, being pounds
! heavier than the previous week.
pounds lighter than the same week last
year and s pounds lighter than the cor
responding week two years ago.
| Sheep.
Sheep trade was slow but the market
held steady, spring lambs selling ur
to 50.
Sheep have held up fairly well for Z
week and yearlings were 80 scarce tina
prices quoted were in reality onl!
nominal ones. but when sales wer'
made they looked weaker, IL anything
than any time the preceding week
Only the choice handy weight stock o
aged classes remained in the sam
notch rs at the finish the previous
week and other grades were unevenl!
lower and hard to sell at the decline
Bulk Of heavy offerings and medium
other weight lots were down 1901
cents for the week, and in extreme In
stances such arrivals were Is cent
lower. Much unevenness was In at
tendance at all times and trade wa
anything but satisfactory to most sci
lers. However. it was . fairly cas-
market to sell and the handy weigh
lots, il not too common, but 1t was
tedious Job disposing Of the weight
offerings, even when good to choice.
Chicago Livestock.
Chicago, June 17.-Cattle-Estima
receipts for today. $1,000: market op
ened weak, mostly 10 cente lower.
Reeves s10@sl
Texas steers .. 6.60@S.2
Western steers .......... s.50@8.2
Stockers and feeders 4.2S@6s
Cows and heifers 2.90@8.2
Calves :. ...........s..... 5.5O0s.5