Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-06-10
TOO MANY HOGS ON
WEDNESDAY, MARKET
ARRIVALS MORE NUMEROUS
THAN EXPECTED FOR MID.
WEEK TRADE.
DECLINE IN PRICES COMES
AS NATURAL SEQUENCE
Inquiry For Cattle Slow = Killers APP
pear to Want Sheep and Supply 10
Considered Inadequate - Review Of
Market conditions-Current Quota
tons at Livestock Csnters.

Chicago. June 10.-More numerous
arrivals than expected forced a de-
cline today in the hog market.
Tuesdays decline placed prices the
lowest since a week ago and many an
ticipate a let-up in receipts the re-
mainder of the week. although stuff di-
rect to packers will probably be OF
good volume. Two days marketing
here aggregated 6s,100, an increase OF
$1,000 compared with the same period
last week and a decrease Of $500 COM
pared with corresponding time last
year Shippers sent out only 1854 Mon
day and Tuesday also were small COM
petitors, when enabled packers to con-
tinue their raid on prices.
Eleven markets received $500 hogs
or 1850 more than last Tuesday, 9.ooo
more than a year ago and 29.2oo less
than two years ago. Total thus iar
this week $4,000 or $4,000 more than
same period last week $4,000 more than
a year ago and 1000 less than cor
responding two days two years ago.
Total for 1914 TO date 10,oS0.O0o. or ooo'-
900 less than same period 1913 ana
and 1.594,o0O less than corresponding
time 1912.
Cattle.
Inquiry for cattle was slack.
The market situation /; Ear tran: p
bullish state. Speciality kinds alone
are showing good action. Only one
load cashed above 5000 or Monday
this lot being prime and making ss2a'
and a smaller quota of trades are no"
landing above SS.75 than in months
past.
Killers simply have the situation IN
their control They are getting few
choice cattle anywhere else and the
fact that a very meager crop of tnat
kind IS available here and fails TO make
big premium over the ordinarily called
good kinds we'll evidences small con-
sumner partially for prime beeVes. A
narrow general range of prices prevails
and the choice goods are getting reIa-
lively short premium ove- mediums.
big shape OF the business IN medium TO
right good steers now being done with
IN a range Of $1,000 s.65. while numer-
GUS of the short-fed Light grades along
with unfinished yearlings. are cashing
few points below $500. with the
common little stuff down from 1913.
AS long as Texas continues to run
out a lot of grass-fed steers and the
! supplies of stiliers from Kentucky as
we'll as corn cattle fed in the east
! continue to move with some freedom,
stronger general price situation To-
cally is not probable in the view of the
majority OF the traders. Argentina
beef in the eastern states is another
factor working against higher mar
ket, since even tho the South Amer
lean product does not come in direct
competition with out right good corn
fed steers it does hinder the distribu-
ton of carcasses of less quality, and
the theory that a lot of Argentina beet
could not be handled in this country
during hot weather is being exploded
since recent shipments into New YORK
| have been Of generous volume ano
some heavy supplies are billed to land
| there two weeks hence.
| With the coming Of the corn belt
crop off grass a wider spread In prices
will be logical but if the widening out
process does not affect the lower cost
/ ing kinds more severely tran choice
goods, i; will be situation which vii
| carry with it numerous surprises foi
! the trade.
| Killers appeared to want sheep AM
| lambs the supply being considered in
adequate.
! Hot weather and the near Tecor'
| prices for a June market prevailing u
! the lamb trade, Joined forces agalns
continued light receipts in the sheel
I house trade. Sellers emerged from TN
I session with another victory chalhe
I'D to their credit, having cleared IN
lamb crop on strong to loc hlehe
basis. generally, with few sales
springs again 10dl5c up having pu
fed sheep up another notch and cleare
eve stuff on a firm basis, Out tnei
stubborn fight to make it a 10 cen
narl1e- for springs was successfuii
resisted altho a few odd head score
the price.
1t was market. insofar as the lam
; end Of it was concerned. that shipper
should look upon with suspicion.
June trade closely crowding the 10
mark for goo! spring lambs is some
thing of a decided novelty. The
could drop 81 per cwt and still be his
and in trade opinion some bad break
are not far away, if the stuff is in tn
country. There are those. howeve
who are counting upon receipts bein
light enough all this month to prever
, severe raid on prices, and II tf
;. elapsed period of June furnished a re
: liable index to the probable June SUI
, ply, their expectations may be VERNE
a The west, Oregon, Idaho and Montan
: is loading some sheep and yearhr
stock to show up here before montf
end. but a run Of range lambs this sic
| of July is improbable.
Chicago Livestock.
: Chicago June observation-disclosures
i receipts for today, 10000; mark
STEADY.
e BeeVes .......... ''1uVo'
~ steers $500 g..