Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-06-04
.A0C PRICES SHOWING
INCLINATION 70 GAIN
MARKET TAKES ON RENEWED
STRENGTH WHEN ARRIVALS
ARE MODERATE.
BUYERS HOLD BACK ON
CATTLE BECAUSE OF FILLS
Object to Paying Water Weights Due
to Intense Heat and Resultant Thirst
Quotations For Sheep and Lambs
Pulled Down Because of Heavy Con-
sisnments Direct to Packers,

showed strength.
The first half of this week the six
I leading western markets received 40
! OoO less than a week ago and l21.000
less than year ago. Chicago alone
decreased 10000 compared with week
I ago and $4,000 less than years ago.
Curtailed receipts and prospects OF
continued small arrivals turnout this
month and for some time to come. to-
sether with a strong and higher ten
dency in the provision trade helped the
hog market.
/ Combined hog receipts at the six
leading western markets totaled only
l.315,993, being 253595 less than year
ago, 1891 less than two Years ago
and about $4,000 less than three years
ago. there being only one May smaller
| in over twenty five years.
Since values have reacted from the
recent low point the feeling in the hog
market seems to be much healthier,
still packers every tins they get the
chance will undoubtedly pursue bear
ISL tactics and fight any likely adj
vance in values.
The last two weeks has witnessed a
radical change in hog values. There
have been only a few redeeming fea
lures in the situation, the GOV eminent
has taken large quantity OF dry salt
| meats for the army and navy and the
south has been more generous buyer
than recently. Dizziness in the lard sit
! uation has been emphasized and there
IS an aggravated lack Of interest in
| all the futures While hog receipts
; have been below expectation most OF
the stuff coming has been freighted
| with lard and the stock of that COM
modify continues TO increase. Demand
| for fully cured meats has shown some
expansion and spot prices have been
lifted to a better basis in comparison
with the futures. Some inroads have
been made on the stock of ribs but
fresh meat demand has been very
quiet European markets persistently
refuse TO show the least interest in the
lard situation and much of the stuff
being sent across the Atlantic is con-
signed instead of being sold.
Cattle.
Owing TO the hot weather buyers re-
fused 10 take cattle al water weights.
Settlement Of the long drawn out
brick-yard strike gave the trade i'll
concealed satisfaction. Within ten
days there Will be 10000 artisans and
laborers connected with the building
trade back at work and provided no
further labor dispute crops up the
building season promises 70 be active
until Well along into next winter Lo-
cal consum ption of beef has been un-
doubtedly curtailed by the brick yard
tie-up and Chicago is big beef eater
under normal conditions
The eastern market is still congested
with last weeks big COB of Argentine
stuff but this weeks imports will be
light and as importers are distributing
the foreign package all over the coun
try ii will probably be out Of the way
! in few days. At this advanced sea
son holding chilled beef for any length
/ Of time is impossible. altho the chill
room furnishes a convenient receptacle
for frozen product pending defrosting
or forcing into consum ptive channels.
To what extent foreign beef is ham
pering distribution of the fresh dressed
product is probematical, but every
pound Of it is handicap.
May receipts of cattle at western
/ markets present a straight column Of
deficiencies. Al the six markets the
decrease compared with last year is
6l187 head. of which 10000 is credited
TO Kansas City, 5000 TO st. Joseph, and
! e 900 to Omaha. The big decrease at
Kansas City and st. Joseph indicates
how scarce corn-fvd cattle are in the
southwest. The five months run at
| these markets exhibited a shortage of
26S. 600. compared with last year. Kan
sas City leads with nearly $1,000. St.
Lnuis being second with $1,000. and
Chicago third with a little over 5o,"G0.
! Omaha decreased less that 10000. but
there is a shortage Of $4,000 at ST. Jo-
seph The combined shortage at st.
Joseph and Kansas City is about 49,
900 which is abnormal. and due to the
! short coyn crop in Kansas and Mis-
| souri,. but the figures are eloquent Of
beef scarcity. condition that is not TO
be remedied in hurry.
Sheep.
! Quotations for sheep and lambs were
/ pulled down by heavy consgnm ents di-
rect to packers.
The market is not in robust condi-
ton at current prices and shippers of
native stock will do well not to ignore
this fact Despite the fact that re-
cent trade showed buyers hard pressed
for some qualified stuff. the condition
of the trade, both on live and dressed
mutton at outside markets, can not
he said TO warrant the prices ruling
here and the fact that values on the
high dressing fed are up 70 the year g
best levels and on the second highest
June basis in trade history only makes
the trade more susceptible to any ad
verse condition that may arse from A
swelling of supply or other cause.
With a continuation of such light sup
plies as have reached the leading mar
ket centers thus far this week, how
ever the buying side will have no easy
/. time putting the lamb trade where
they assert ii belongs TO be III line with
, eastern dressed markets.
Chicago Livestock.
Chicago, June .-Cattle-Estimatee
receipts for today, $500; msrket slow
Beeyes .... 7.25@92;
Sectors ....... o.hoWo.l'