Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-06-21
HOG OFFERINGS
GROW MODERATE
LIGHT RUN ON CLOSING DAY OF
WEEK PREcLupEs FURTHER
DECLINES.
REvIviNG OF PASTURES
STEApIES CATTLE MARKET
Recent Heavy Runs Attributed to
Drouthy Conditions in Corn Belt
smaIlnsss Of Supplies in Sheep Mar.
ket Make No Impression on Prices
Current Quotations.


were moderate enough today to pre-
clude further declines.
Nineteen thousand less hogs arrived
at eleven markets Friday than were
recorded week ago and 5000 less than
year ago. Chicago received 11,vuo,
being $500 less than week aso ard
500 less than the corresponding Fri
Gay Year ago. Kansas City reported
only 5000 or less than half as many as
week ago and third less than one
year aso. Omaha had Nearly 1859 more
than week ago. while ST. Louis and
81. Joseph reported less than Friday Of
iast week. Eastern receipts Cwlndied,
the run at Buffalo being 1900 smaller
tnan week ago and about the same as
year ago.
Cattle.
Rains meaning better pastures stead
led the cattle market. Recent heavy
runs We're ascribed to the cry, not
weather. which had prevailed in the
corn belt.
There exists considerable difference
of opinion between killers and market
traders as to the fun extent OF the
break this week. This is due 10 hot
weather. which has necessita,ed
weighing considerable fill. Killers sag
most OF their cattle Will not show
cost Of less than % cents on the hooks,
compared with Monday, while sales
men figure many have had to take S5
q cent decline and some are as
much as so cents lower
Choice cattle selling from SS.75 UP
have had least OF the decline, these
cattle being only 109l5 cents lower,
While prime yearlings have not lost
even that. On the other hand. the 1913
@ $50 grades have been swatted hard.
steers, selling from Ss.25
done relatively well. bat the habitat
and slippery" kinds have been bad
actors.
Cattle values in Argentina are ris-
ing rapidly. AT Buenos Aires are
freezers are paying around S95 for
good grass cattle. the highest prices on
record. and market receipts are
steadily dwindling. A drouth that
lasted two years caused wholesale
slaughter Of COWS and calves in ArEen-
tina and good authorities figure that ave
years must elapse before beef con-
struction can be restored to normal
proportions, even II COW and calf
slaughter ceases. The fabrication that
cows and calf slaughter is prohibited
in Argentina is repeated at regular
intervals, whereas no such regulation
exists in that country, save in one
state, Santa Fe, and there the law has
always been dead one.
Southern cattle are being marketed
freely this week, both at st. Louis and
Kansas City. The May slump held
them back to nurse the market and
they will be pushed right along now.
ST. Louis has also been congested this
week with dry-lot territory stuff. which
has thrown a lot of cheap beef on the
market.
Sheep.
smallness Of supplies in the sheep
market made no impression.
Consumers ought to get cheaper
lamb and mutton in a few days. A
terrific sclump has occurred in stock
ward prices this week, owing to the ar
rival of flood Of southern lambs. De-
clines range from IS cent to 81 per
c~-. 4 light run is expected the rest
Of the week, but few will be wanted as
killers have plenty Of dressed mutton
in their coolers. South OF the ONO
river, in southern Illinois and in MIS-
souri drouth Is forcing lambs 10 mar
ket by the thousands. as growers lear
they will dry UP. The western crop -
backward and premature marketing OIL
southern stuff will cause supply gap.
the market is closing in badly deiapf-
6ated condition and light receipts will
he needed next week to prevent further
depreciation.