Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-06-18
SUPPLIES TOO SCANTY TO MEET
DEMANDS AND VALUES ARE
BOOSTED.
TRADE SLOW DESPITE
MEAGERNEss OF OFFERINGS
Cattle Offerings Not Plentiful But Wet
Weather Proves Handicap to Sell
ers-inauiry For Sheep and Lambs
Continues to Be MISUNDERSTANDING
Of Market Conditions.

Chicago. June is.-Hogs climbed in
i value today, the supply being too
, scanty TO meet the demand.
! Should weather favorable for corn
appear the hog run o. the latter par,
/ of June a western markets will be
/ sharply curtailed. For two weeks past
owing 10 heavy rams. the country has
been compelled TO abandon this season.
| allie task, and rs temperatures have
been low hogs have been shipped
! freely An opinion exists that the bot
! tom OF the June break was uncovered
! on Tuesday and a light run in the west
next week might establish the highest
prices Of the year.
! Eleven markets received 60 100 hogs
) Thursday, or 23,ao0 less than last
Thursday, 1880 less than year ago
: and 1890 less than two years ago.
Total thus far this week $4,000 or ST.
! 600 less than the same period last week
| So. 600 less than the like time last year
and $4,000 less than The CORES ponding
! four days two years ago. Total for 1915
20 date 1921 900. or $4,000 more
/ the same period i9l. and l.S6S.ooo
more than the corresponding time
| 1918.
! Cattle were not plentiful but wet
weather acted as a handicap on SELL
/ ers.
| Conditions are such that beef de-
mand IS good. chiefly for the better
quality stuff. \ generous run OF south
| era grass stuff is aAording the markets
| 3 lot Of medium and lower qualitS
beef. and it comes in direct competition
with the plain and common native
steers offered n the local trade This
weeks crops has comprised only
moderate quota OF the r1eaner sellers.
however. and general trade tone has
been fairly good, the Monday session
registering the only price breaks Aoi!-
ity to re-estahnsh the tat steers on last
weeks price levels VIII illustrates
healthy condition.
Finished, grades OF an wetgAte are
worth the money at current cost At
least this appears 20 be the case In
view OF the broad demand for them.
and the trade Is looking forward 70
still better prices for all these sorts.
not, however. losing sight OF cae facs
that while finish Is bringing lis relative
price q lot Of the unfinished ana half
| baked kinds are still selling oft on
| line. These are destined to take still
a wider price discount and a contin-
ued free movement % southwestern
| srassEeds can make that discount
quite pronounced in the near future
provided the corn belt does not oper-
ate moderately in shipping this stuff
TO market.
Poor beef trade argument brought
early this week as bearish influence
Ipy the killers mas been laid on the
shelf again. The trade since Monday
/ has not evidenced bad market for the
/ product either here or in the east and
settlement of the street car strike in
/! Chicago is calculated to have some lit
! tie influence IN lettering conditions,
while the efforts Of Mayor Thompson
to bring the building trades workers
strikes will. If successful. spring into
being really bright industrial situa-
ton in local quarters which can rot
/ help but have strong effect in creating
broader call for meat foods.
From a supply standpoint il is gen.
orally bullish situation. Chicago this
week has had $500 cattle for fou,
DAYS. against 3749O week ago and
sc. 255 a year ago. while at the six
markets $4,000 have arrived in the
same pe.lod. against $4,000 week ago,
$4,000 2 year ago. 10000 two years ago,
Chicago then had 51.031 in four days
the rush Of stuff then being due to dry
pastures but liquidation was just get
ting Under way. subsequent weeks
marking a big rush of stuff into
the markets. Such situation is a
faraway possibility this year. in view
OF the deluge Of rain all over the corn
belt. which has. if nothing else, as
sured splendid summer grass for holds
ing cattle.
Sheep.
Inquiry for sheep and lambs contin'
ued to be restricted.
I With spring lambs mostly s1.75 pei
cwt Mellow the close last week and
more sheep 75c down than at lesser
loss. it would seem that the bear raid
has been carried far enough for the
present yet there is no assurance that
bottom. even for the time being. has
been hit, as buyers assert that stuff
is not vet worth current cost and as
there is decent run OF southern anc
some western stuff on the market
horizon.