Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-06-13
HOGS WEAKEN At
CLOSE Of TRADING
EARLY MARKET DEVELOPS CON-
SIDERABLE FlRMNEss, WHICH
FAILS TO HOLD.
CATTLE TRADE NOMINAL
AT CLOSE OF WEEK
Tendency Of Prices to Spread Quite
Noticeable During Past Week-Ail
Of Sheep and Lambs Arriving Con.
signed Direct to Paekers-Review Of
Market Conditions.

! Chicago, June 13.-Hog prices today
developed firmness but weakened
slightly at the close.
/ A combined total of $1,000 hogs at
eleven markets Friday stood 1000
higher than d week ago and 11,0Oo
smaller than a year ago.
Sioux City and indianapolis made
marked gain over a week ago, whlie
most of the other points had less than
| week and a year ago.
! For the first five days of the week
eleven points received $4,000, showing
a gain OF $4,000 over a week ago and
| 1000 loss compared with 1919.
Chicago for five days this week alone
received 24,300 more than week ago
and $500 less than same period OF 1913.
Combined receipts at eleven points
for 1914 TO date totals 10,'4s,0oO OF
, $4,000 less than year ago and 1929
coo less than two years ago. Chicago
for 1914 to date received 3,Oi9,o0O or
$500 less than year ago.
Cattle.
Cattle trade was ALMOST nominal.
For some time past wider spread
has been predicted and this develop
ment seems to be on. 1t has been re-
tarded by the high stoeker market
good grazing conditions everywhere
and a light run of Texas cattle. but
should the drouth IN Missouri and
parts Of Illinois continue It IS logical
TO expect a lot of light stuff TO show
I'D. In any case grass is becoming
seasonable influence and a more legit-
1T rrio &c RI he pYDPctoO,
in other words, good cattle must come
UP or common stuff to De subjected 10
downward revision.
AS 10 whether or not the slump is
good cattle values has been stopped
there is considerable difference OF
opinion. Certainly, this week there has
| been decided Improvement IN oe-
mand for these grades and to sell on a
basis of intrinsic value, prime ouliocks
and grassy grades ought to be at least
dollar more apart. During Nay
packers got very few decent cattle
under cents while anything above
cents was distinctly specially. This
spread between common end prime
cattle does not offer injucement for
putting on finish at the present price
| of corn.
| Choice yearlings have done another
stunt this week, 1910 being paid and
even the middle grades have done bet
ter. but trashy half fat yearlings sho"
little Improvement. The advance since
Monday is anywhere from l0420 cents
on everything above 1925, but under
| that point prices are little lower ane
steers selling below 5 cents have hao
trouble in getting over the scales.
Summer hotel trade ought soon &c
create q better demand for heavy bee'
provided the annual exodus from uroal
centers is of the usual proportions
This in recent years has been a dis
tinct consumption development. There
is considerable apprehension, however
among hotel men as to the season
prospects. Economy Is the order O
the day and the summer fitting to sea
side and lake resorts is likely to %
| considerably smaller than when the
public purse was wide open. witt
hotels full to the Railways consump
ton of heavy beef at these resorts Il
large and it calls for good class O.
stuff.
Sheep.
All Of the sheep and lambs were
consigned to packers direct.
Despite a 15G25-cent decline on tn
general run of lambs and 20 cents OF
the bulk Of the eve stuff from las
weeks closing the market this weei
has performed creditably considerins
lsupply figures and high temperature
land is considered ripe for fresh de
Iclines in case supplies continue to com
in such volume as this week. The rul
at Louisville this week will probabi
prove to be the heaviest Of the season
but prices are still high enough t
keep stuff rolling marketward iron
all sections where anything ready Z
come is availa BILE, and so high tina
the mutton producing farmers VIII
took fright last year at the bugaboo o
free wool and mutton are nursing red
eyed regret that they sacrificed thei
focks thru their lack Of courage. A
one of the good experts in mutto
trade says, prices of wool range 20
cents per pound higher than at thi
time last year, and most of the lamb
for slaughter have been selling recent
" s1.50G2.O0 per cwt. higher than q
this time last year, and a good share c
the ageG mutton sheep have gone 5
per cwt. higher so the future look
promising. as the recent PAST has bee
| for the men who had courage to site
! to a business that had been producin
| them fine profits as well as inestima
pie benefit to the soil Of their farm
! during recent years.