Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-06-02
ARRIVALS Of HOGS
PROVE TOO LIBERAL
RECEIPTS TO HEAVY FOR IMME.
DATE REQUIREMENTS OF
TRADE.
PRICES REcEDE 10 AND is
CENTS UNDER TUESDAY
More Cattle Comes Than Trade Elk
pected and Values Tend Downward.
Decline For Some Grades Amounting
to is cents-Trade in Sheep and
Lambs sIow-Moderate Offerings.

Chicago, June Hog values SUI
fereo a break today on account of re-
ceipts being too liberal for Immediate
requirements.
Eleven markets received 5000 hogs.
Tuesday, or 1900 more than last
Tuesday, 1920 more than a year ago
and 1920 less than two years ago
Total thus far this week $4,000. or
is. 600 more than the same period last
week. 5000 more than like time last
year and $4,000 less than corresponding
TWO days TWO years ago. Total for 1915
to date 12,ole,o0o, or 1,s44,00o more
than same period 1914 and 100000
more than corresponding time 1913.
Cattle.
Cattle arrivals proved much more
than expected, and prices receded.
Western points had a fairly generous
crop Tuesday and this gave rise 10 be-
lief among many traders that larger
mid week crop than came week ago
would show up altho the three road
report OF SO cars in sight indicated
only 13. GOO TO ! 600 cattle in sight, and
some guesses were down 10 1900.
Mondays good general action in the
trade presages fairly firm tone in de-
mand later this week. Il IS an i'll
concealed broad outlet for beef both To-
cally and in the east and the enormous
export demand which killers are fill
ing new. coming from Great Britain
and France for war purposes, well en-
phasizeS broad outlet for supplies OF
all grades OF beef
Continuance of the big foreign call is
bound 10 be bad while the war lasts.
and il is upon this situation. coupled
with the assurance Of fat beef scarcity
in coming months. that the trade bases
a logically bullish sentiment as affect
ing future market action on all classes
OF steers.
Buyers who have been west OF the
Missouri river in search of heavy bull
locks to fiji export orders report that
the residue of the winter crop is in
very strong hands. The advance since
the low spot was recorded amounts TO
$40 per head in many cases and altho
this may no, mean actual profit TO
the feeder it averts tina, much loss
and is money in his pocket. With the
trend of values upward feeders are
disposed to play the game cut. Ar eX-
port order for 1000 heavy steers was
made UP here Monday. the balance
having been bought in the country last
week What development this trade
promises remains to be seen, but II has
already been stout prop under the
price list
The prospect is as buihsh as thessit-
uation. II is eviden, ;rat the war is
not to come to an early termination
and those countries of Europe when
may De accessible viii need beef IN
large quantities. Expectancy OF dollar
corn and other factors has caused pre-
mature marketing for months past and
those who succeeded In weathering the
storm are in secure position.
Sheep.
Notwithstanding that the supply OF
sheep and lambs was only moderate,
trade was slow.
There is keen disappointment in buy
ing circles over the failure of decent
runs to develop thus far this week al
Ohio river markets out of Tennessee
and Kentucky. or al Jersey City out
of Virginia These points had mere
handful Monday and little Tuesday.
Louisville wired a run OF only l,ooo
and there were but two decks at Nash
vile.