Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-06-30
SNAP IS LACKING
|N HOG TRADING
ALTHo PRICES HOLD FAIRLY
STEADY TRANSACTIONS
LACKING IN VIM.
FREE OFFERINGS IN WEST
WEAKEN CATTLE PRICES
Arrivals at River Markets, Especially
Kansas City, Affect Chicago Prices
buyers Appear Indifferent in
Sheep House-Review Of Market
condtons-currert Quotations.

Chicago, June 3.-Altho hogs were
fairly steady, there was no snap to
the trade.
Last weeks average price at $50
was 10 cents higher than previous
week, s1.2O higher than a year ago,
$3.50 higher than two years ago and 55
cents lower than three years ago.
Traders generally figured on about 49,
eco for this week.
Estimated average weight of hogs
received here last week PAL pounds
against 24O pounds previous week. 2sS
pounds year ago and 235 pounds two
years ago.
Eleven markets received $4,000 hogs
Saturday. or 1000 more than the previ-
Gus week and 5000 more than CORE
spending Saturday year ago. Chi
cago had $500 more than the previous
week and 1000 more than a year ago.
Omaha had 1000 less man the previ-
Gus week and Sioux City $500 less.
The combined run at eleven markets
last week !. $4,000 stood 1900 larger
than previous week, 5000 larger than a
Year ago and 111.OOO more than three
years ago.
For 1913 TO date eleven markets re-
ceived 12,56s,000. or 1.2s0,00O less than
year ago and 100000 more than cor
responding period Of 1910.
Cattle.
Free offerings at some Of the river
markets, especially Kansas City,
weakened cattle prices.
One encouraging report for beef pro-
ducers comes from Packer g. F. Sulz-
berger, who says high beef prices will
prevail. He declares meat in the United
States will never be cheaper-and
many familiar with conditions do not
think he is shooting far from the mark
A bright spot In the trade IL the de-
cency with which stockers and feeders
have been selling.
But shippers shouldn't forget that
the undercurrent OF the market at the
moment is weak; that ths consumer Is
not eating much meat these days and
that the general situation 10 much on
the soft pedal order-very quiet.
Confidence " expressed on the buy
ing side that this week will witness
broader demand. Elimination Of Penn
sylvania cattle and Kentucky Shoppers
from the supply ought to clarity the
has the faculty Of cropping up and
exerting repressive influence. It 10
true the public cuts out beef When hot
weather comes along for a few days
and this has doubtless had something
to do with the mean market the past
week.
Sheep.
In the sheep house buyers appeared
Indifferent.
It is probable that the trade never
has experienced three consecutive
weeks Of more erratic markets than
have been those OF the past three weeks
and everybody on the selling side Of
the trade. at least. will be Just as well
pleased II they are not called upon to
experience their IKE again. especially
buyers in the country. for market con-
ditions have been subject to such sud-
den and violent changes that market
information twenty-four hours old has
been practically valueless Not a few
shippers were out of pocket 500 q deck
on ovtne stock marketed here last week
and consequently took to their heels
when they saw sheep in the country
this week. If they didn't and have
bought stuff again to come next week
on the basis Of Chicago prices most
Of this week it is probable that they
will have cause to wish they hadn't
bought 'em, for unless the talent is bad
ly at fault there are more breakers
very close at hand.
The big decrease in receipts the past
week is attributed to the unnlerciful
manner in which prices We're slashed
last week and, in lesser measure, 10
timely rains that revived parched pas
lures in many sections and ended
liquidatio that was to an extent forced
by dry weather Chicago has received
$4,000 head of southern stuff direct
from the Ohio river country during
the past week, against more than $4,000
from that source last week and only
5000 of these reached here the first
half of the week, swelling movemen,
at Louisville since Tuesday giving
packers access to good supplies there
the latter half of the week. Omaha has
had a mere handful. st. Louis receipts
! fell sharply and all western markets
have been on a semi-famine basis In
the matter of supply eastern markets
have Jared relatively best, but they
have been far below Chicago and lead
| ing Missouri river markets prices al
week.
! Chicago Livestock.
| Chicago. June 30. - Cattle - Esti-
mated receipts for today, 10000; mar
ket steady.
| Beeves ........ 100000