Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-06-26
SPECULATIVE INQUIRY SuFFic
lENrLY ACTIVE TO sTiFFEN
PRICES.
CATTLE BUYERS DISPOSED
TO TAKE THEIR TIME
Market Indicates That Need Of Beet
is Not Ursent-Paeksrs Receive Di-
rect Liberal consisnments Of Sheep
and Lambs and Eassrness to Pay
Hiaher Prices Less Pronounced.

Chicago, June 26.-Speculative de-
mand today proved active enough to
bring about an advance in the hog
market.
Combined receipts of hogs al eleven
markets Wednesday totaled $4,000, be-
ing 10000 less than week ago ana
1000 less than corresponding Wednes-
day year ago.
Chicago had $500 more than a week
ago. while Omaha and ST. Louis eacn
had 5000 less, and Kansas City 2,o0o
less than week ago.
The first half of this week eleven
markets received $4,000. or $4,000 less
than a week ago and $4,000 less THAI
CORRESPONDING period a year ago.
Cattle.
Altho the supply Of cattle was not
over plentiful. buyers took their time.
Previous disappointments on the seiilns
side seemed to have demonstrated tnal
the need of beef was not urgent.
Various reasons were assigned 1or
the sessions bad action on Wednes-
day. In the first place the Fourth Oh
July is scheduled for next week ana
beef is always hard to sell al 'hat
stage. The reason is not assigned. out
the fact remains. Then again. PENN
svlvania and Kentucky cattle nave
been cut loose in large numbers tnls
week. holders in those sections oeins
intent on cleaning up, and while west
ern markets have not been Wresthhs
with an excess, markets down east
have had all the cattle they could take
care of. This trinity of adverse lnnu-
encas was in good working order.
There was no necessity to weigh
water and buyers timed their pur-
chases as to necesitate paying Tor as
ilttle Lake Michigan extract as possi-
| ble This caused negligent morning
| deal. BUYERS were riding alleys IN de-
cent time but up to late hour showed
M interest In other than quahtle1
hu,locks. The selling side. taking its
eve from the light run, made strenuous
EFFORT to tack on 10@15 cents. ous
rea,,zed before noon that 1t was q
hone,ess task. Even calling good cat
tle strong required stretch OF the
;nar,nat1on and on the bulk OF me-
d,un ana common stun It was not al
GOOD a market as Monday, the Decent
lower close noted Tuesday being II
full force and effect.
Sheep.
Packers received olfecI .ouo'
liberal consignments of sheep ant
lambs. In consequence eagerness
ay advances asked on the open marke
was less pronounced than OF late;
Sensational price gains have foilo~
ed a week OF decentralization and nav
onlv been made possible by the promp
manner in which shippers cut on tn
supply. Considering the fact that man!
shippers were ~out OF pocket 500 pc
deck on stun sold here last week Ina
had been bought right In the coun
try as measured by values current Tn
week previous, the sharp curta1im7n
OF supplies is hardly surprising.
what the market must have now Z
permit this sharp bulge to be held am
to prevent a recurrence OF last week
demoralized trade conditions, is MODES
marketings next week when deman
. will be restricted by the oncomins mol
idays. Shippers are being strongly 40
vised not TO buy stuff in the country o.
the basis of Chicago prices for D'
break is certain on any big swelling
supplies. Chicago is now much In
highest market on the map.