Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-06-12
OFFERINGS UNUSUALLY LARGE
FOR SATURDAY AND MAR.
kEr shows WEAKNESS.
USUAL JUNE SLUMP
MAY BE AVOIDED
Traders Predicting Fairly Good Market
For Remainder Of Month - Quota
tions on Cattle Nominal at Weeks
Close = Some Grades Disseminated
Against.

/ Vaueu III tIe QOS uldIhel lOudS VIC
cause of the liberal supply.
Sellers at the markets and hog
growers in the country do not antic!-
pateu Improbable markets for a period
of any duration. as they realize that
the outlet for pork products is good.
Export demand, according to govern
ment statistics, is remarkably liberal
and more than offsets the shorter do
nestle call.
The usual June break In prices has
yet to materialize and some are of
the opinion that if it comes at all it
will be smaller than in former years.
With beef and mutton prices on a
high level it is only natural that pack
ers should want hogs and prove that
they are worth the money in the way
they are supporting the market, with
shipping demand of moderate volume.
1t is a certainty that the spread be-
tween heavy and light hogs will widen
because thel after kinds are in small
proportion and the keen buying or
them is gradually forcing them upward
so that a much larger premium will
be paid from now on than was preva-
lent earlier this year.
Quality Of most arrivals in extra
good and is proof that feeders are fin
fishing holdings and that they have
confidence in the future market prices.
Cattle.
Quotations on cattle We're nominal.
The trade has developed this week
a very good demand for fat handy
steers and the better quality yearlings.
and also strong demand for the choice.
big steers landing around 50 and high
er, a lot of them going at $500 @ go
and even better.
It is the season to expect price
widening and the upper crust going
higher this week and lower kinds at
decline the prices pread had widened
lot. Taking into consideration the low
err quality, Titles tockery steers that
haveh ad no reliable demand by rea-
son of the closed feeder outlet, the
price spread now Is wider than IN
months past and will likely remain so
until the feeder buyers are once more
able to take their quota of thin steers
for return to pastures.
.Cashing in the little steers off grass
at market now looks indeed like poor
policy and lie can mean only loss 10
feeders With pastures in good shape.
it would appear to be good business
policy to keep that kind at home.
Chicag go rs putting up best prices Tor
all the good to croiceh andy and heavy
steers to be had at any market IN the
country. and feeders will do we'll 10
send that kind this way. River mar
kets are taking discounts from Chl-
cago on all the choice grades, and the
long string of $4,000 9.S5 sales TINS
week could not have been possloie
elsewhere. nor could a S9.40@9.oO trade
for prime handy and yearling steers
been possible in the west.
This weeks run has been moderate
Chica 20 getting $4,000 in five days,
against 36 697 week ago and 42,54o
year ago.
At six markets the total stood w.
900. against same as week ago ana
comparing with 10000 year a1o.
Sheep.
Most of the sheep and lambs Went
to killers direct. :
Imports from Argentina this week
received at New York were 1000 car
cases of mutton and 5000 carcasses OF
lambs, the first consignment since
three weeks ago, making 4S,4oo anu
65 400 respectively, since Jan. l. ms
dressed stock has practically no IN
fiuence ON the domestic trade because
practically all Of it is Immediately re-
loaded for shipment to Europe.
Springers have been more plentiful
both direct from the south to the pack
ers and on the market but prices nave
not suffered much. as fluctuations
were pronounced Closing prices were
mainly % cents lower than week ago.
|! but no lower than on the previous low
SPOT of the week, but ruled largely 90
cents lower than the high time Wed
mes when the market had an unex-
pected and short-lived squirt, during
which even the packers were ufsen.
competitors.
Chicago Livestock.
Chicago, June u. = Cattle = Estl-
mated receipts for today, 200; market
steady.
Native beef steers ......... 6.soW s.ov
Western steers $500 7.io
COWS and heifers ......... 1900 s.s5
calves 7.50@102 %
Hogs-Estimated receipts Tor TO-DAY,
10000: market 5 cents lower.
: j iett 7.35@7.75
Mixed 7.25@7.65
Heavy 6.95@7.55
Rough 6.s5@7.15
Pigs e.0o@7.S5
Rulk 7.4O@7.60
sheen-Estimated receipts for today,
5000: market steady.
Sheep ...............'. o'VVW s'o