Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-06-08
RECEIVE
SUPPLIES DIRECT
HEAVY SHIPMENTS TO BIG KILL
ERS RESTRICTS DEMAND
FOR HOGS.
SITUATION BRINGS ABOUT
LOWER PRICE LEVELS
Heat Checks Inquiry For
catte-country Seems WeIl Drained
Of Finished Beeves and Summer
Market With Small Supplies Of Top
Quality Is in Prospect.

Chicago, June S-Heavy direct ship
ments TO packers restricted demand for
hogs today and compelled lower prices.
Receipts of hogs at Chicago stock
yards for last week totdlcd 49, 700, or
1920 less than the previous week,
IS 800 less than. same week last year
and 1900 less than corresponding
week two years ago.
Es.imete ted average weight Of hogs 1T
Chicago for the week was 23o pounds,
~ two pounds ligher than preceding
week, nine pounds lighter than same
week last year and two pounds heavier
than corresponding week two years
ago. Arrivals of light hogs showed in
crease, and such offerings are gradual
~ losing the premium they have long
enjoy as demand is most urgent foG'
butcher weights.
Top hogs a Chicago for The week
$3.50, same as previous week, against
$3.50 3. year ago and 1915 two years
ago. Average price figured sS.l5, the
lowest since week ending Jan. 3, or
cents lower than previous week. As
cents lower than a year ago and 81
cents higher than two years ago.
Eleven markets received acc hogs
Saturday, making $4,000 Cor the week,
or $4,000 less than preceding week,
$4,000 less than same week last year
and 1900 less than corresponding
week two years ago Total for 1914
to date 1888, 900, or $4,000 less than
same period 1913 and 1.l01,000 less
than corresponding time 1912.
Cattle.
Excessive heat checked the inquiry
for cattle.
The country is apparently becoming
we'll drained Of finished beeves and
summer market with very small sp-
plies of top quality lots is now a strong
prospect Whether they Will make high
prices, long predicted for them, is prob
lena teal, and much depends upon the
industrial situation. This Is now and
has long been bearish factor in the
trade. and has done much TO break the
top prices from high levels noted in
steers having sold OF late 35 a 40 cents
lower than then while the average
price for the rank and Ale Of beef steers
time OF the year.
Top heavy beeves the past week
made 1925, and yearlings landed up to
$500, but bulk Of the yearling crop
comprised merely plain and medium
to pretty coed grades a big quota Of
them cashing to a mean demand at
s7s5ds4o, and comparatively few up
wards Of $3.50. Bulk OF the handy and
.-1~.
made sS5O0ss0, and a right decent
TO good killer kind sold within range
of ss.0oGS.4O. while lot of unfinished
light steers made s7.151 40, with the
tailings down to $50 and lower
Absence of feeder competition in the
trade was strong factor in creating
a weak market for 900 TO 1000 pound
and heavier steers carving little
flesh. A few weeks ago these We're
meeting brisk feeder demand at much
higher prices than now prevail. but
the country has since come to the con-
clusion that buying weight for feeder
purposes is a bad deal this season at
almost any cost.
Sheep.
Arrivals of sheep and lambs were
few but killers held off
! sellers naQ the advantage IN tne
sheep house all week and closing prices
We're at the high point. The previous
week found buyers in control and they
caused a shut-off in the supply by their
overhearing tactics which was re-
sponsinle for the present upturn. Bulk
| of aged arrivals looked 25G40 cents
higher than at the finish the previous
week, and some of the prime heavy
ewes which suffered the most severe
discrimination on the low spot, prob
ably up even more. Yearlings were
not very plentiful. but the few on hand
showed similar gain.
First Texas sheep Of the season here
during the week were extra good and
sold at $500, averaging around 100
pounds Some prime 102 TO 104 pound
fed western wethers cached 1925, but
none of that class was available on the
high spot. Other fed lots cleared az
$3.50 500. A few common western
ewes landed at s4.35. with c,lls out at
$3.50, but good class landed at $500
No western yearlings were among the
arrivals.