Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-06-26

Chicago. June 26.-Hog prices went
down grade TO-DAY, influenced b the
fact that arrivals were much more nu-
merous than on the corresponding day
a week ago.
Eleven markets received $4,000 hoge
Friday or 1890 more than last Friday,
S,40o more than a year ago and 1900
less than two years ago. Total thus
far this week $4,000, or $1,000 more
than the same period last week, $4,000
more than like time last year and 10000
less than the corresponding five days
TWO years ago. Total for 1915 TO date
13,7S1.O00. or 1851 900 more than the
same period 1914 and 1.345.00o more
than the corresponding time 1913.
Cattle.
Cattle quotations were entirely nom
ina.
Most general advance this week was
for me medium 70 good steers cashing
a. $3.50 a $40 \ lot of that stuff sold
Up 10 Wednesday at p q Soc advance
over week ago. but there was, as
well, $50 CSC gain for the cheap and
plain xrassers and warmed-up stuff.
on the ripe weii-feii handy and strong
weight steers, as Well as the yeariings,
a least % cents gain was made and
tops advancing to SO. % for prime 1900
pound stuff and handy-weignts max
ing $3.50. with heavies at ss.i5. showed
fully I5T CSC gain over last week. Ey-
erythins with any beef making quality
has been readily salable. and the alb
sence OF poor light steers Of feeder and
stocker class has been conlmendabl
since the trade in them is only with
the Gamer buyers and they must nee
eSsa-ily take Gamer rates.
Holders OF such grades VII do we'll
TO keep them in pasture until feeder
demand here IS had in the local mar
ket. and that IS not the reply of the
chief Of the bureau Of animal industry
10 the Chicago Traders Exchange let
bureau can give no definite answer as
TO the probability OF a feeder outlet in
the near future. Where the thin stuff
is from guaranteed areas and can sell
only to local killers. it is poor trade,
although Pennsylvania killers, who
want cheap beef, are using a fair quota
of such grades in free area at fairly
decent prices, taking them chiefly un-
Ger SS.tV anu the taliuiSS ucS!l W St''V
and lower.
The weeks market has shown Ions
lis, of s9oods.40 trades, and frequent
handy and heavy prime lots sold at
$1,000 $50. while big steers topped at
1885 Such kinds have killed out
awtully good and their stellar dressing
performances made them figure rela-
lively cheaper than the short feds
which have gone around $500 and a
little under. these grades in many cases
showing 40d SOC advance two weeks
ago. and in making this big rise they
have gone relatively better than any
thing else on the list. A continued
keen demand for the toppy heavy and
handy stuff can only mean that these
grades VIII advance. and sharply. too,
in the next few weeks. but they must,
in order 70 command & price on rela-
tive basis with staff that has consumed
far less corn.
Choice grades growing scarcer s the
season advances are due to run very
shy within the next few weeks, and the
s1iller crop which usually is called up
on as substitutes is going to prove far
less than last year owing to the pre-
mature cas1ing of nearly 10000 Of them
last winter when disease hit the Peoria
Stop sheds
Trade guesses for the supply next
Monday ranged at 5000 to 5000 and
there is prospective demand to clear
such crop at strong prices.
Sheep. -
There was no lack of buyers for
sheep and lambs.
The market has made fair recovery
from last weeks decline this week,
closing prices being irregularly 25N50
cents higher than a week ago on most
spring lambs and fat matured sheep,
choice lambs and handy weight ewes
showing the most gain. Range year
lings have also sold better, but the
trade mas developed little or no i'm
provement on native sl2ocn lambs or
yearlings or on the fed western lambs
coming. which are nondescript class,
tailings of winter feeding operations.
Last weeks hard slump in prices
merely served to shut off the native
run and while deficiency in supply
from that source was virtually coun-
terbalanced by a swelling marketward
movement from the range country and
thru the Louisville gateway, packers
took hold more freely and scarcity
east sent more eastern shipping orders
toward week end to Ohio river marts
and Chicago.
Demand for spring lambs for the
July Fouth trade also served to boost
prices the latter half of the week and
should stimulate the trade again the
coming week, although packers assert
that their buying at higher prices this
week has been in anticipation of bet
ter dressed lamb and mutton market
ahead rather than any visible i'm
provement to date in that trade. At
| current prices. however, the market
can absorb no materially enlarged run
and country spectators will do well
not to follow the advance at Chicago
this week too closely if they would
avoid disappointment at this end in
tire selling process.