Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-06-07
RECEIPTS LIGHT ON CLOSING
DAY OF WEEK LEFTOVER
SUPPLY MODERATE.
BETTER DEMAND FOR BEEF
srEADIEs CATTLE MARKET
Improved Conditions in Bovine Trade
During Entire Week Just Ciosed-In
Sheep and Lambs Heavy Stuff is Be-
ing Disseminated Asainst-Other
Kinds Barely Steady.

Chicago. June mot much leeway
could be found today for bearish tao
tics IN the hog market. Receipts were
light and there was only a moderate
leftover supply
Chicago was the only one of eleven
markets to show an increase in re-
celptS over two years ago. Other west
ern markets show large decreases from
that time. Combined arrivals at eley-
Ell markets Friday totaled 6S. 600 head.
being Zoo more than week ago. T.
800 less than year ago and 24,200
less than two years ago For five days
this week total of $4,000 hogs have
been marketed, or $4,000 more than a
week ago. 1860 more than a year
ago, and $4,000 more than same period
two years ago. Thus far this year ar
rivals aggregate 1920, 900 head show
year ago and 10000 from correspond
ing period two years ago
Cattle.
Better demand for beef gave steadi-
ness to the cattle market.
This weeks market is showing some
real bloom. 1t has been evidenced since
last Tuesday and even the Monday
trade was by no means a mean one.
Prices now are conserva lively quoted
10d % cents higher than ten DAYS ago,
but is mostly 1925 cent higher mar
ket. Compared with the close last week
bulk of steers, even the common and
medium as we'll as good to CHI are
15025 cents higher.
That the low point for the season
has been passed is pretty firm trade
belief, but this will be determined def
nitely when the attitude Of the coun-
try shipper toward a better price basis
is shown in the volume of stuff mar
keted here next week.
Beef sellers are demonstrating abil-
thy to use moderate supply at good
prices, but an oversupply Will make
price reaction inevitable. The fact that
there has been cessa ton OF big ship
ping of heavy steers is variously con-
strued, but in the main the trade be-
lief Is to the effect that feed yard hold
inss OF 1850 to 1900 pound and bigger
long fed steers are running shy. One
or two more generous Monday runs Of
South Dakota, Nebraska and western
Iowa weighty steers is expected to
about clean up bulk of big weights in
those sections and east Of the ~Missis-
sippi the seasons crop Of big steers is
now pretty we'll in.
These are trade Impressions cleaned
from diagnosis of recent supplies,
and if the diagnosis is wrong 1t will
try has taken fresh grip Of confidence
in the late June and July markets and
is determined to tide over the weak
spots and in hopes of strong reaction.
Distillery cattle are beginning to
move freely. however, the most gener-
Gus crop of the season to date being
here this week, bulk selling at $500
s35, and they will come more freely
from now on. With stillers to fill in
the gap left by cessation of big runs
of heavy corn-fed steers, the trade
can not logically expect further sharp
price Improvement unless there is de-
velopment of unusually broad demand
for good to choice beef carcasses.
Yearling and fat handy-weights are
getting price premiums over the big
grades by reason of their greater pop
ularity in retail channels. This has
past. and it is fortunate now that the
big steers are coming fewer In num-
Der. Still the prime heavies topped
this week ia 1915. a price equal TO thai
MADE by yearlings, but it has been q
more general proportion of year1ngs
and 1.15O to 1880 pound choice steers
above $3.50 of late than the Wel2htiel
grades. Top compares with ss.so 1oi
vearlings of fancy kind last week
such as were not here this week, while
high spot year ago was s5.ie.
Bulk of this weeks run of plain anc
medium to strictly good steers OF al
weights sold at s7.6o@S-So, agains
s-.5oas.30 week ago and $1,000
year ago. when the light grades o.
common class were by far In less Ia
,.or than now. since heavies were
scarce at that time.
In recent days a small percentage o
the light steers sold below $7.1o. Whil'
hulk of handy lots went at s1.s5 Ms.l
and the same range took some plan
a50-pound and heavier grades, TN
some of the same weights. rough II
oualitv. sold below s7.75. These kind
orc still under killer ban, but llttl
\ better price range Luz e'ASh'i
with ten days ago is at least slgnincah
| of some shade firmer tone IN the mar
ket even for these classes.
| Sheep.
! In sheen and lambs heavy stuff wa
rein, sharply Disseminated against
ether kinds barely steady.
| Chicago supply for the week asgre
GATED approximately s0,5os- against 81,
| 100 the first FIVE days last week, ~,
92e the same time a year ago, and 3d.
III the corresponding period two year
ago For the week the six market
have received 17s,Ooo sheep and lambs
compared with $4,000, the first nv
DAYS last week, $4,000 the Same tim
year ago and 100000 the correspond
ing FIVE days 1911.
! The sheep trade at the moment
featureless with the possible exceptio
of the fact that buyers are not keen fo
heavy weight stuff.
Chicago Livestock.
Chicago, June 7.-Cattle-Estimate
receipts for today. 200; market, stead
Beeyes ............ 1900 s.
Texa. steers .......... 5000 IL
Western steers ... $3.50 81