Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-06-14
RECEIPTS LARGE FOR CLOSING
DAY OF WEEK AND VALUES
FALL SLIGHTLY.
CATTLE BUYERS OUT
LOOKING FOR SUPPLIES
Conditions Completely Reversed in b.
vine Division and Prediction 10 Made
That Stssrs Will Reach $40 Before
Seasons cIoss-LittIs Doing in Sheep
Trade, mas

chicago, June 14.-OferingS of hogs
were somewhat liberal for the closing
day of the week. The state supply,
however. was small.
Receipts Friday. estimated at 1900.
consisted chiefly of light hogs. Lay
over from Thursday was 1859. Five
days this week Chicago has received.
1891 hogs, against 1864 the first
five days last week. and 1929 the
corresponding time a year ago. Six
markets to date report for the week
total of 10000. compared with $4,000
the same time last week and 4l6.100
the corresponding FIVE days 1912.
Cattle.
Cattle buyers looked for sellers, this
being a complete reversal Of conditions
Of short time ago. and predictions
were made that prime steers would
reach SO before the close of the sea-
son.
Buyers declare that recent action IN
the market should bring out $4,000 or
more cattle for next Mondays trade,
but this seems unlikely. A lot Of i'm
mature stuff has gone into pastures
recently as result Of the big advance in
kind who were feeding them and ran
shy of corn resolved not to buy any
more of it at the high prices. This
has been a factor in trimming down
general supplies the past two weeks
and the light run here this week has
certainly proved a strong price slim
illus.
Everything has gone higher-good,
bad and Indifferent steers getting
strong buying action, but 1t has oeen
the coarse quality light and wetghty
killers which showed least price ap-
probation. They are also selling AZ
least advance compared with low point
here two weeks ago last Wednesday,
% q 80 cent gain in value for sncn KINGS
as were selling at s7.50G7.s5 then be-
ing now shown. while the bulk OF cattle
of kind that sold at 3s.0O0S.25 then.
the handy and weighty grades, are no"
commanding 40950 cents moro money.
Such prime heavy beeves ~ sou
around 1865 at low point wou1o %
worth 50 now, and drove OF 1.4ss
pound steers which made - on wed
nesday OF this week were declared 10
be no better than cattle OF the same
class and out of the same feed yaTos
which sold at low point down to $s.ev.
Tho trade this week has had none OF
the prime big steers, such as went
last week at 1915. and had they oeen
here probably top better than -
would have been made. Yeariinss
which topped at 50 were very choice
kind. but not as prime AZ the Ss.so@
$50 yearlings Of two weeks ago. Anu
something Of that fancy class probably
would have made ss.10gs.15 this "eek.
The good thing can be spoileo ny
over-supplies, however. Nobody IL as
sorting that the country has suddenly
run shy Of big crop OF amatured steers.
Rather the opinion is that the weak
holders have about all cashed IN anu
that long-fed steers now in feed YARDS
are held by owners who, havlnx
weathered adversely for some months
back are determined TO allow the long
predicted summer shortage to assert
itself and meantime they will marKe.
conseryatively and take advantage OF
VIVA. many of them believe Is comins
"a gradually rising market for the
choice long big steers as wen as
toppy yearlings.
In the sheep trade nearly alf41he re-
CENTS had been consigned direct to the
packers.